NOT LISTED FOR SALE

Estimated Value: $8,770,000 - $22,185,568

5 Beds
8 Baths
6,835 Sq Ft
$2,264/Sq Ft Est. Value

Last Sold September 22, 2014

Last sale price $15,075,000 $2,206 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $96,717/month

491 Days on Market

Highlights

  • Ocean Front
  • Wine Cellar
  • In Ground Spa
  • El Morro Elementary School Rated A+
  • Gated with Attendant
  • Primary Bedroom Suite

About This Home

As of September 2014

This exquisite, newer residence is set atop the most desirable oceanfront location in Emerald Bay and features sweeping panoramas of the coastline and ocean. At night, the coast is alight, providing a dramatic backdrop for entertaining. Nearly 7,000 square feet is thoughtfully arranged to optimize the sparkling water views. The main entertaining and living areas open to broad oceanfront terraces, including an outdoor room warmed by a fireplace. The master suite occupies a full floor and includes an office, sitting area, spacious baths and dressing areas and a terrace. Four additional en suite bedrooms are included. A handsome paneled library, gym, family room, formal dining room, and a formal living room overlooking the coast complete the public areas. The lower waterside terrace has an infinity spa. Bronze doors, limestone floors, Venetian plaster, antique materials and Honduran mahogany only begin to show the quality seen throughout this remarkable home in this one-of-a-kind setting.

Last Agent to Sell the Property

Robert Giem

Plus Real Estate License #01082750 Listed on: 04/08/2013

Co-Listed By

Beverly Cleveland

HOM Sotheby's International Re License #00582083

Last Buyer's Agent

Roderic Daley

Coldwell Banker Realty License #00456990

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $180,448

Year Built

  • Built in 2005

Lot Details

  • 0.31 Acre Lot
  • Ocean Front

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 1 Carport Space
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Combination Of Materials Used In The Driveway
  • Off-Street Parking
  • Golf Cart Garage

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Spanish Tile Roof
  • Wood Siding
  • Stone Siding
  • Steel Beams

Interior Spaces

  • 6,835 Sq Ft Home
  • Wired For Sound
  • French Doors
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Home Gym
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Living Room Balcony
  • Deck
  • Fireplace in Patio
  • Patio
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Cooling Available
  • Central Heating
  • Water Purifier
  • Sewer Paid

Additional Features

  • Accessible Elevator Installed
  • ENERGY STAR Qualified Equipment

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 1104
  • Assessor Parcel Number 05304029

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Additional Features

  • Picnic Area
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$180,448

Year Built

Built in 2005

Lot Details

0

HOA Fees

$667 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Gated with Guard, Security System
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05304029
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6835.00
  • Interior Amenities: Balcony, Granite Counters, Living Room Balcony, Pantry, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Fire Pit, Living Room, Master Bedroom, Outside, Patio
  • Levels: Three Or More
  • Price Per Square Foot: 2205.56
  • Room Type: Family Room, Formal Entry, Exercise Room, Living Room, Master Suite, Walk-In Closet, Retreat, Separate Family Room, Office, Wine Cellar
  • Spa Features: In Ground, Private
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Steel, Stone, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway - Combination, Driveway, Garage Faces Front, Garage Door Opener, Golf Cart Garage, Off Street, Oversized
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Double Oven, Dishwasher, Disposal, Trash Compactor, Water Purifier
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Guard, Picnic Area, Playground, Pool, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 8000.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Size Sq Ft: 13504.00
  • Lot Size Acres: 0.3100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13504.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Front

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 1104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2013
Closed on
Aug 12, 2014
Sold by
Youngman Arn K
Bought by
Zinman Lance and The Molarchie Trust
Seller's Agent
Robert Giem
Plus Real Estate
Buyer's Agent
Roderic Daley
Coldwell Banker Realty
List Price
$20,000,000
Sold Price
$15,075,000
Premium/Discount to List
-$4,925,000
-24.62%
Current Estimated Value
$15,477,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,784
Avg. Annual Appreciation
0.24%

Purchase Details

Closed on
Dec 9, 2004
Sold by
Jjrjr Inc
Bought by
Youngman Arn K and Arn K Youngman Trust

Purchase Details

Closed on
Mar 27, 2000
Sold by
Chivens Clyde C and Chivens By Pass Trus
Bought by
Tucker Thomas E and Tucker Joyce A

Purchase Details

Closed on
Dec 16, 1998
Sold by
Chivens Clyde C
Bought by
Chivens Clyde C and Chivens David E

Purchase Details

Closed on
Dec 10, 1998
Sold by
Chivens Clyde C
Bought by
Chivens Clyde C and Chivens David E

Purchase Details

Closed on
Dec 9, 1994
Sold by
Brinderson Parent Company
Bought by
Pacific American Property Exchange Corp

Purchase Details

Closed on
Mar 31, 1994
Sold by
Youngman Arn K and Youngman Patricia
Bought by
Youngman Arn K
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zinman Lance $15,100,000 First American Title Company
Youngman Arn K -- First American Title Co
Tucker Thomas E -- First American Title Ins Co
Chivens Clyde C -- --
Chivens Clyde C -- --
Pacific American Property Exchange Corp -- First American Title Ins Co
Youngman Arn K -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2014 09/22/14 Sold $15,075,000 -8.6% $2,206 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
11/13/2013 11/13/13 Price Changed $16,500,000 -7.0% $2,414 / Sq Ft
08/22/2013 08/22/13 Price Changed $17,750,000 -11.3% $2,597 / Sq Ft
04/08/2013 04/08/13 For Sale $20,000,000 -- $2,926 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $180,448 $18,117,893 $15,430,051 $2,687,842
2024 $180,448 $17,762,641 $15,127,501 $2,635,140
2023 $176,313 $17,414,354 $14,830,883 $2,583,471
2022 $173,006 $17,072,897 $14,540,082 $2,532,815
2021 $169,692 $16,738,135 $14,254,983 $2,483,152
2020 $167,943 $16,566,506 $14,108,815 $2,457,691
2019 $165,063 $16,241,673 $13,832,172 $2,409,501
2018 $161,857 $15,923,209 $13,560,953 $2,362,256
2017 $158,686 $15,610,990 $13,295,052 $2,315,938
2016 $155,703 $15,304,893 $13,034,365 $2,270,528
2015 $153,402 $15,075,000 $12,838,577 $2,236,423
2014 $118,201 $11,614,993 $9,625,871 $1,989,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13061194

California Regional Multiple Listing Service (CRMLS)

APN: 053-040-29