Seller's Agent in 2022
Sandra Miller
Engel & Volkers Santa Monica
(213) 364-9815
2 in this area
55 Total Sales
1885 Ocean Way Laguna Beach, CA 92651
Woods Cove NeighborhoodEstimated Value: $7,912,000 - $16,851,980
4
Beds
4.5
Baths
5,650
Sq Ft
$2,192/Sq Ft
Est. Value
Highlights
- Ocean Front
- Home Theater
- 9,802 Sq Ft lot
- Top Of The World Elementary School Rated A
- Gourmet Kitchen
- 3-minute walk to Ruby Street Park
About This Home
As of November 2022Spectacular oceanfront Laguna Beach home nestled above the bluffs of Wood's Cove. Warmth and sophistication are beautifully paired with extraordinary materials and sleek contemporary lines. Enjoy dramatic ocean and sunset views framed by floor-to-ceiling windows with sublime interior spaces spilling out onto spacious terraces to bring the outdoors in. The floor plan unfolds over two levels and includes an open concept living room with chef's kitchen and butler's pantry, formal dining room with ocean views, large media room with wet bar, wine storage, and a top-of-the-line electronics system. There are four en-suite bedrooms including the master suite with office, private terrace, fireplace, and a sizable bathroom overlooking the crystal blue ocean below. This lavishly appointed home includes controlled gated entry, Crestron whole-house system, exotic wood cabinetry, imported limestone floors, Weiland sliding doors, wood and glass interior doors, and electronic shades.
Last Agent to Sell the Property
Engel & Völkers License #01446377 Listed on: 02/16/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $177,120
Year Built
- Built in 2007 | Remodeled
Lot Details
- 9,802 Sq Ft Lot
- Ocean Front
- West Facing Home
- Gated Home
- Bluff on Lot
Parking
- 3 Car Direct Access Garage
- Driveway
Home Design
- Contemporary Architecture
- Turnkey
Interior Spaces
- 5,650 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Recessed Lighting
- Sliding Doors
- Entryway
- Great Room
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Living Room with Attached Deck
- Formal Dining Room
- Home Theater
- Den
- Atrium Room
- Ocean Views
Kitchen
- Gourmet Kitchen
- Oven
- Range with Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Remodeled Bathroom
- Powder Room
- Granite Bathroom Countertops
- Double Vanity
- Bathtub with Shower
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Intercom
- Alarm System
Outdoor Features
- Covered Patio or Porch
- Fire Pit
Utilities
- Zoned Heating and Cooling
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 644-277-05
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 16, 2022
Closed on
Oct 3, 2022
Sold by
18 Ocean Way Llc
Bought by
Soto Ronald R and Soto Janis C
Seller's Agent
Sandra Miller
Engel & Völkers
Buyer's Agent
Vikki Morrison
List Price
$17,900,000
Sold Price
$17,000,000
Premium/Discount to List
-$900,000
-5.03%
Views
150
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,618,010
Avg. Annual Appreciation
-10.46%
Purchase Details
Listed on
Jun 27, 2016
Closed on
Aug 25, 2016
Sold by
Verde Investments Inc
Bought by
18 Ocean Way Llc
Seller's Agent
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Buyer's Agent
Sandra Miller
Engel & Völkers
List Price
$16,500,000
Sold Price
$16,000,000
Premium/Discount to List
-$500,000
-3.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.98%
Purchase Details
Closed on
Sep 24, 2009
Sold by
Oceanway Coast Llc
Bought by
Verde Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,100,000
Interest Rate
4.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 18, 2005
Sold by
Oceanside International Properties Ltd
Bought by
Oceanway Coast Llc
Purchase Details
Closed on
Mar 11, 2005
Sold by
Oceanside International Properties Llc
Bought by
Oceanside International Properties Ltd
Purchase Details
Closed on
Jan 31, 2005
Sold by
Fabricant Robert Neal and Fabricant Gail Rogers
Bought by
Oceanside International Properties Llc
Purchase Details
Closed on
Mar 14, 2002
Sold by
Solomon Kenneth O
Bought by
Fabricant Md Robert Neal and Fabricant Gail Rogers
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.12%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Soto Ronald R | $16,600,000 | First American Title | |
| 18 Ocean Way Llc | $16,000,000 | Lawyers Title | |
| Verde Investments Inc | $13,500,000 | Equity Title Company | |
| Oceanway Coast Llc | -- | -- | |
| Oceanside International Properties Ltd | -- | -- | |
| Oceanside International Properties Llc | $5,726,500 | Stewart Title | |
| Fabricant Md Robert Neal | $3,950,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Verde Investments Inc | $8,100,000 | |
| Previous Owner | Fabricant Md Robert Neal | $2,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2022 11/15/22 | Sold | $17,000,000 | -5.0% | $3,009 / Sq Ft |
| 09/17/2022 09/17/22 | Pending | -- | -- | -- |
| 02/16/2022 02/16/22 | For Sale | $17,900,000 | +11.9% | $3,168 / Sq Ft |
| 08/31/2016 08/31/16 | Sold | $16,000,000 | -3.0% | $2,832 / Sq Ft |
| 07/18/2016 07/18/16 | Pending | -- | -- | -- |
| 06/27/2016 06/27/16 | For Sale | $16,500,000 | -- | $2,920 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $177,120 | $17,686,800 | $16,126,200 | $1,560,600 |
| 2024 | $177,120 | $17,340,000 | $15,810,000 | $1,530,000 |
| 2023 | $173,358 | $17,000,000 | $15,500,000 | $1,500,000 |
| 2022 | $178,473 | $17,498,337 | $16,077,857 | $1,420,480 |
| 2021 | $174,995 | $17,155,233 | $15,762,605 | $1,392,628 |
| 2020 | $173,125 | $16,979,328 | $15,600,979 | $1,378,349 |
| 2019 | $170,131 | $16,646,400 | $15,295,077 | $1,351,323 |
| 2018 | $166,812 | $16,320,000 | $14,995,173 | $1,324,827 |
| 2017 | $163,524 | $16,000,000 | $14,701,150 | $1,298,850 |
| 2016 | $150,609 | $14,720,545 | $13,295,027 | $1,425,518 |
| 2015 | $148,361 | $14,499,429 | $13,095,323 | $1,404,106 |
| 2014 | $145,534 | $14,215,406 | $12,838,804 | $1,376,602 |
Source: Public Records
Agents Affiliated with this Home
-
Sandra Miller
-
Vikki Morrison
Buyer's Agent in 2022
Vikki Morrison
(714) 305-5556
1 in this area
26 Total Sales
-
John Stanaland
Seller's Agent in 2016
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
(949) 689-9047
4 in this area
192 Total Sales
Map
Source: The MLS
MLS Number: 22-128283
APN: 644-277-05
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