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 Neighborhood
4
Beds
4.5
Baths
5,650
Sq Ft
10,019
Sq Ft Lot
Highlights
- Ocean Front
- Home Theater
- Ocean Side of Highway 1
- Top Of The World Elementary School Rated A
- Primary Bedroom Suite
- 3-minute walk to Ruby Street Park
About This Home
As of November 2022The backdrop for this ultimate coastal home is Laguna’s spectacular Wood’s Cove. Here warmth and sophistication are partnered beautifully with extraordinary materials and sleek contemporary lines. Dramatic ocean and sunset views are framed by floor-to-ceiling glass, while sublime interior spaces reflect the best in luxury living. The brilliant architecture and impeccable style merge interior hues and textures with the natural beauty of the sea, rocks and sand. The sizable 5,650 square foot plan unfolds over two levels and includes an open concept living room with professional-caliber kitchen and butler’s pantry, stylish formal dining room with sit down ocean views, large media room with wet bar, wine storage and advanced electronics. Four en suite bedrooms including Master Suite with office, private terrace, fireplace and spacious bath overlooking the crashing waves. Amenities in this sumptuous residence include controlled entry, Crestron whole-house system, exotic wood cabinetry, imported limestone floors, Weiland sliders, wood and glass interior doors, and electronic shades. The highly desirable location is an easy stroll by street or along sandy Main Beach to restaurants, galleries, shops and entertainment.
Last Agent to Sell the Property
DOUGLAS ELLIMAN OF CALIFORNIA, INC. License #01223768 Listed on: 06/27/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $177,120
Year Built
- Built in 2009
Lot Details
- 10,019 Sq Ft Lot
- Ocean Front
Parking
- 3 Car Attached Garage
Property Views
- White Water Ocean
- Coastline
- Catalina
Home Design
- Contemporary Architecture
Interior Spaces
- 5,650 Sq Ft Home
- Open Floorplan
- Wet Bar
- Furnished
- Wired For Sound
- Wired For Data
- Built-In Features
- Bar
- Cathedral Ceiling
- Recessed Lighting
- Double Pane Windows
- Custom Window Coverings
- Solar Screens
- Sliding Doors
- Formal Entry
- Great Room
- Living Room with Fireplace
- Living Room with Attached Deck
- Dining Room
- Home Theater
- Home Office
- Smart Home
- Laundry Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Six Burner Stove
- Gas Cooktop
- Range Hood
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
Outdoor Features
- Ocean Side of Highway 1
- Balcony
- Patio
- Exterior Lighting
Utilities
- Forced Air Zoned Heating and Cooling System
- Phone System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 05
- Tax Tract Number 6442
- Assessor Parcel Number 64427705
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
-10.42%
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $16,600,000 | First American Title | |
| Grant Deed | $16,000,000 | Lawyers Title | |
| Grant Deed | $13,500,000 | Equity Title Company | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | $5,726,500 | Stewart Title | |
| Grant Deed | $3,950,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $8,100,000 | New Conventional | |
| Previous Owner | $2,500,000 | No Value Available |
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: California Regional Multiple Listing Service (CRMLS)
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: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG16138844
APN: 644-277-05
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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