$6,950,000
SOLD NOV 21, 2024
5 Beds
5.5 Baths
4,500 Sq Ft
8,600 Sq Ft Lot

Recently Sold

$1,544 Per Sq Ft

13% Below List Price

85 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Heated Spa
  • Abraham Lincoln Elementary School Rated A
  • Home Theater
  • 2-minute walk to Irvine Terrace Park

About This Home

As of November 2024

Stunning Modern Luxury in Irvine Terrace, Corona Del Mar!! Welcome to luxury living at its finest in the prestigious Irvine Terrace neighborhood. This exquisite single-story home, built in 2019, spans 4,500 sq ft with an open-concept design, featuring expansive bi-folding doors and windows for a seamless indoor-outdoor experience, perfect for entertaining and summer living. Highlights include 4 spacious bedrooms, each with its own en-suite bathroom, and a versatile California room that can serve as a fifth bedroom or an elegant office. Indulge in top-tier amenities such as a temperature-controlled glass wine room, a soothing dry heat sauna, gleaming white French Oak hardwood floors, premium appliances, quartz countertops, and remote-controlled skylights and enterprise level Wi-Fi a network. Step outside to your private oasis complete with a jacuzzi, BBQ, fire bar, and fire pit—ideal for hosting unforgettable gatherings. The home also features a convenient mud/laundry room, an oversized 3-car garage with 2 EV LEVEL 2 chargers, and breathtaking sunset views from the Great Room. This home is also newly equipped with 5 Franklin WH aPower for a total battery storage of 68 KWH solar panels, providing energy autonomously, efficiency and sustainability, in addition to providing a credit from the utility company for excess energy sent to the grid (NEM 2.0). Located just a short walk from the beach, three yacht clubs, Newport Beach Country Club, Balboa Island, and upscale dining and shopping at Fashion Island, this home offers the ultimate in coastal living. Don’t miss the chance to own this remarkable property!!

Last Agent to Sell the Property

Pierce Kar

The Oppenheim Group Brokerage Phone: 949-527-8281 License #02061694 Listed on: 08/01/2024

The Oppenheim Group

Co-Listed By

Kayla Cardona

The Oppenheim Group Brokerage Phone: 949-527-8281 License #02082505

Last Buyer's Agent

Pierce Kar

The Oppenheim Group Brokerage Phone: 949-527-8281 License #02061694 Listed on: 08/01/2024

The Oppenheim Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,617

Year Built

  • Built in 2019 | Remodeled

Lot Details

  • 8,600 Sq Ft Lot
  • Level Lot
  • Sprinkler System
  • Back and Front Yard

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • Peek-A-Boo
  • Park or Greenbelt

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Turnkey
  • Metal Roof

Interior Spaces

  • 4,500 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Wired For Sound
  • Wired For Data
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Double Door Entry
  • ENERGY STAR Qualified Doors
  • Insulated Doors
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Theater
  • Home Office
  • Game Room
  • Storage
  • Wood Flooring
  • Attic Fan

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Walk-In Pantry
  • Double Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Indoor Grill
  • Gas Cooktop
  • Free-Standing Range
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Maid or Guest Quarters
  • Granite Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Tile Patio or Porch
  • Outdoor Grill

Schools

  • Lincoln Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Underground Utilities
  • 220 Volts For Spa
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • No Interior Steps
  • ENERGY STAR Qualified Equipment for Heating

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 2813
  • Assessor Parcel Number 05032113
  • $380 per year additional tax assessments

Community Details

Overview

  • Irvine Terrace Community Association, Phone Number (949) 409-6060
  • Irvt HOA
  • Irvine Terrace Subdivision

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,617

Year Built

Built in 2019 | Remodeled

Lot Details

0

HOA Fees

$75 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 949-527-8281
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Irvine Terrace (IRVT)
  • View: Yes
  • Architectural Style: Cape Cod, Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05032113
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4500.00 Square Feet
  • Interior Amenities: Attic Fan, Bar, Ceiling Fan(s), Furnished, High Ceilings, Open Floorplan, Pantry, Stone Counters, Storage, Wet Bar, Wired for Data, Wired for Sound
  • Stories: 1
  • Entry Location: Ground level
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, ENERGY STAR Qualified Doors, Insulated Doors
  • Eating Area: In Family Room, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom, Electric
  • Levels: One
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1544.44
  • Room Type: All Bedrooms Down, Game Room, Guest/Maid's Quarters, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Media Room, Office, Walk-In Closet, Wine Cellar
  • Spa Features: Private, Above Ground, Heated
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Granite Counters, Separate Tub And Shower, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Coastline, Ocean, Park/Greenbelt, Peek-A-Boo
  • Patio And Porch Features: Patio, Tile
  • Pool Private: No
  • Roof: Metal
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Convection Oven, Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Freezer, Gas Oven, Gas Range, Gas Cooktop, Indoor Grill, High Efficiency Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater
  • Electric: 220 Volts For Spa, 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Central, ENERGY STAR Qualified Equipment, Fireplace(s)
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Electric, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Dog Park, Biking Trails, Hiking Trails
  • Association Fee: 75.00
  • Association Fee Frequency: Monthly
  • Association Name: Irvine Terrace Community Association
  • Phone: 9494096060
  • Senior Community: No
  • Community Features: Biking, Dog Park, Park, Sidewalks
  • Association Management: IRVT

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Lincoln
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Lincoln
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: LINCOL
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level, Sprinkler System
  • Lot Size Sq Ft: 8600.00
  • Lot Size Acres: 0.1974

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8600.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 627.01
  • Tax Lot: 9
  • Tax Tract Number: 2813
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Oct 31, 2024
Sold by
Ispas Family Revocable Trust and Ispas Mihai Dan
Bought by
Solhpour Saghari Trust and Solhpour
Seller's Agent
Pierce Kar
The Oppenheim Group
Buyer's Agent
Pierce Kar
The Oppenheim Group
List Price
$7,995,000
Sold Price
$6,950,000
Premium/Discount to List
-$1,045,000
-13.07%
Views
147
Current Estimated Value
$7,711,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$761,790
Avg. Annual Appreciation
18.42%
Original Mortgage
$950,000
Outstanding Balance
$942,620
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$6,814,641

Purchase Details

Listed on
Mar 6, 2020
Closed on
Jun 17, 2020
Sold by
Stonewood Luxury Homes Llc
Bought by
Ispas Mihai Dan and Ispas Anca
Seller's Agent
Jodi DiTolla
DiTolla Real Estate
Buyer's Agent
Vivian Caravia
HOME SOURCE REAL ESTATE
List Price
$5,895,000
Sold Price
$5,400,000
Premium/Discount to List
-$495,000
-8.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%

Purchase Details

Listed on
Oct 20, 2017
Closed on
Nov 13, 2017
Sold by
Bear Dayna Ann
Bought by
Stonewood Luxury Homes Llc
Seller's Agent
Rex Mckown
Compass
Buyer's Agent
Jodi DiTolla
EDWARD ALLAN REAL ESTATE
List Price
$2,695,000
Sold Price
$2,540,000
Premium/Discount to List
-$155,000
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.51%
Original Mortgage
$350,000
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 1, 2010
Sold by
Williamson Patricia C
Bought by
Williamson Patricia C and Patricia C Williamson Family Trust

Purchase Details

Closed on
Mar 31, 2008
Sold by
Williamson B W
Bought by
Williamson B W and B W Williamson Trust Living Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $6,950,000 Lawyers Title
Grant Deed $6,950,000 Lawyers Title
Grant Deed $5,400,000 Lawyers Title Company
Grant Deed $2,540,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $950,000 New Conventional
Closed $950,000 New Conventional
Previous Owner $0 No Value Available
Previous Owner $1,270,000 Construction
Previous Owner $255,000 Unknown
Previous Owner $350,000 Future Advance Clause Open End Mortgage
Previous Owner $1,900,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2024 11/21/24 Sold $6,950,000 -13.1% $1,544 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $7,995,000 +15.0% $1,777 / Sq Ft
10/18/2024 10/18/24 Off Market $6,950,000 -- --
08/01/2024 08/01/24 For Sale $7,995,000 +48.1% $1,777 / Sq Ft
07/10/2020 07/10/20 Sold $5,400,000 -8.4% $1,200 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $5,895,000 +132.1% $1,310 / Sq Ft
11/30/2017 11/30/17 Sold $2,540,000 -5.8% $1,299 / Sq Ft
10/20/2017 10/20/17 For Sale $2,695,000 -- $1,378 / 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
2024 $60,617 $5,730,523 $4,132,096 $1,598,427
2023 $59,202 $5,618,160 $4,051,074 $1,567,086
2022 $58,226 $5,508,000 $3,971,641 $1,536,359
2021 $57,106 $5,400,000 $3,893,765 $1,506,235
2020 $42,657 $4,017,317 $2,496,611 $1,520,706
2019 $26,093 $2,447,658 $2,447,658 $0
2018 $27,047 $2,540,000 $2,399,665 $140,335
2017 $2,606 $221,134 $142,699 $78,435
2016 $2,549 $216,799 $139,901 $76,898
2015 $2,522 $213,543 $137,800 $75,743
2014 $2,462 $209,360 $135,100 $74,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24140249

California Regional Multiple Listing Service (CRMLS)

APN: 050-321-13