NOT LISTED FOR SALE

Estimated Value: $6,665,000 - $18,505,698

4 Beds
3 Baths
2,840 Sq Ft
$4,431/Sq Ft Est. Value

Last Sold December 02, 2019

Last sale price $11,500,000 $4,049 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $82,685/month

Highlights

  • White Water Ocean Views
  • 24-Hour Security
  • Across the Road from Lake or Ocean
  • El Morro Elementary School Rated A+
  • Lap Pool
  • Ocean Side of Highway 1

About This Home

As of December 2020

EMERALD BAY LEASE | SHORT TERM RENTAL | Located on Emerald Bay’s North End Crown Point, this stunning property features sweeping white water and coastal panoramic views. The 4 bedroom, 3 bath home provides sit down ocean views from the living to the dining room, to the outdoor terrace and into the master suite. Street entry to the main entertaining space, with the secondary bedrooms located just below with another private outdoor entertaining space. Air conditioning. Located in one of the finest locations in Emerald Bay. This property will be offered completely furnished and is only available from first week of January through end of April, possibly May 15, 2021. Landlord will consider all terms within the aforementioned time frame.

Last Agent to Rent the Property

Harold Noriega

Compass License #01494239 Listed on: 12/29/2020

Compass

Last Renter's Agent

Harold Noriega

Compass License #01494239 Listed on: 12/29/2020

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $152,040

Year Built

  • Built in 1956

Lot Details

  • 7,225 Sq Ft Lot
  • Property fronts a private road
  • Corner Lot
  • Level Lot
  • Front Yard
  • Value in Land

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Off-Street Parking
  • Parking Permit Required

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Bluff

Home Design

  • Custom Home
  • Traditional Architecture
  • Interior Block Wall
  • Fire Retardant Roof

Interior Spaces

  • 2,840 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower
  • Linen Closet In Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Lap Pool
  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Ocean Side of Highway 1
  • Brick Porch or Patio
  • Exterior Lighting

Location

  • Across the Road from Lake or Ocean

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Central Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $18,000
  • Rent includes gardener
  • Available 9/4/20
  • Tax Lot 24
  • Tax Tract Number 1104
  • Assessor Parcel Number 05304022

Community Details

Overview

  • Property has a Home Owners Association
  • $500 HOA Transfer Fee
  • Ebca Association, Phone Number (949) 494-8571
  • Emerald Bay Subdivision

Recreation

  • Tennis Courts
  • Sport Court
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$152,040

Year Built

Built in 1956

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2020-09-04
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Other: 2000
  • Deposit Pets: 1000
  • Deposit Security: 18000
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fees: 500.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: 24 Hour Security, Gated with Attendant, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Custom Built, Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05304022
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2840.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Block Walls, Built-in Features, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Nook, Family Kitchen, Dining Room, Separated
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 6.34
  • Room Type: Entry, Formal Entry, Great Room, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Bathroom
  • Spa Features: Association, Heated, In Ground
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Linen Closet/Storage
  • Room Kitchen Features: Butler's Pantry, Granite Counters

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Brick, Patio Open
  • Pool Features: Association, In Ground, Lap
  • Pool Private: No
  • Roof: Fire Retardant
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Garage Door Opener, Off Street, Permit Required
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Cooktop, Gas Water Heater, Range Hood, Refrigerator, Water Heater Central, Self Cleaning Oven
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Sport Court, Guard
  • Association Name: EBCA
  • Phone: 949-494-8571
  • Senior Community: No
  • Community Features: Street Lights
  • Association Management: EBCA

Lot Info

  • Additional Parcels: No
  • Lot Features: Bluff, Corner Lot, Front Yard, Level with Street, Lot 6500-9999, Value In Land
  • Lot Size Sq Ft: 7225.00
  • Lot Size Acres: 0.1659

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Short Term Lease
  • Lot Size Area: 7225.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener
  • Waterfront Features: Across the Road from Lake/Ocean, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 24
  • Tax Tract Number: 1104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Oct 28, 2019
Sold by
Beachwood Partners Eb Llc
Bought by
Bower Scott L and Bower Paula A
Seller's Agent
Harold Noriega
Compass
Buyer's Agent
Rex Mckown
Compass
List Price
$12,500,000
Sold Price
$11,500,000
Premium/Discount to List
-$1,000,000
-8%
Current Estimated Value
$13,376,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,876,388
Avg. Annual Appreciation
1.54%

Purchase Details

Listed on
Sep 23, 2013
Closed on
Sep 30, 2014
Sold by
Allen Elizabeth Leslee Godfrey
Bought by
Beachwood Partners Eb Llc and Beachwood Building Eb Llc
Seller's Agent
Hillary Caston
Berkshire Hathaway HomeService
Buyer's Agent
Bruce Miller
Compass
List Price
$12,900,000
Sold Price
$7,650,000
Premium/Discount to List
-$5,250,000
-40.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%

Purchase Details

Closed on
Aug 4, 2014
Sold by
Godfrey Alan Martin
Bought by
Allen Elizabeth Leslee Godfrey and The Elizabeth Leslee Godfrey Allen Irrev

Purchase Details

Closed on
Mar 7, 2011
Sold by
Godfrey Elizabeth V
Bought by
Allen Elizabeth Leslee Godfrey and The Elizabeth Leslee Godfrey Allen Irrev

Purchase Details

Closed on
Jun 30, 2003
Sold by
Godfrey Elizabeth V
Bought by
The Elizabeth V Godfrey Qualified Person
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
Bower Scott L $11,500,000 First American Title Company
Beachwood Partners Eb Llc $7,650,000 Equity Title
Allen Elizabeth Leslee Godfrey -- None Available
Allen Elizabeth Leslee Godfrey -- None Available
The Elizabeth V Godfrey Qualified Person -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2020 12/31/20 Rented $18,000 0.0% --
12/30/2020 12/30/20 Under Contract -- -- --
12/29/2020 12/29/20 For Rent $18,000 0.0% --
06/25/2020 06/25/20 Rented $18,000 0.0% --
06/19/2020 06/19/20 Under Contract -- -- --
06/18/2020 06/18/20 For Rent $18,000 0.0% --
12/02/2019 12/02/19 Sold $11,500,000 -8.0% $4,049 / Sq Ft View Prior Sale
10/21/2019 10/21/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $12,500,000 +8.7% $4,401 / Sq Ft
09/24/2019 09/24/19 Off Market $11,500,000 -- --
06/28/2019 06/28/19 For Sale $12,500,000 0.0% $4,401 / Sq Ft
07/10/2018 07/10/18 Rented $16,500 +37.5% --
06/08/2018 06/08/18 Under Contract -- -- --
06/04/2018 06/04/18 Price Changed $12,000 -31.4% $4 / Sq Ft
04/05/2018 04/05/18 Price Changed $17,500 -2.8% $5 / Sq Ft
01/18/2018 01/18/18 Price Changed $18,000 +5.9% $6 / Sq Ft
01/12/2018 01/12/18 For Rent $17,000 +6.3% --
03/03/2016 03/03/16 Rented $16,000 0.0% --
02/15/2016 02/15/16 Price Changed $16,000 -3.0% $5 / Sq Ft
03/17/2015 03/17/15 For Rent $16,500 0.0% --
10/22/2014 10/22/14 Sold $7,650,000 -3.8% $2,383 / Sq Ft View Prior Sale
07/25/2014 07/25/14 Pending -- -- --
06/17/2014 06/17/14 Price Changed $7,950,000 -20.5% $2,477 / Sq Ft
02/03/2014 02/03/14 Price Changed $9,995,000 -22.5% $3,114 / Sq Ft
09/23/2013 09/23/13 For Sale $12,900,000 -- $4,019 / 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 $152,040 $15,602,893 $12,414,364 $3,188,529
2024 $152,040 $14,965,936 $12,170,946 $2,794,990
2023 $120,816 $11,932,300 $11,932,300 $0
2022 $116,564 $11,502,255 $11,502,255 $0
2021 $117,802 $11,619,140 $11,227,701 $391,439
2020 $116,588 $11,500,000 $11,112,574 $387,426
2019 $83,774 $8,242,042 $7,864,958 $377,084
2018 $82,146 $8,080,434 $7,710,743 $369,691
2017 $80,537 $7,921,995 $7,559,552 $362,443
2016 $79,024 $7,766,662 $7,411,325 $355,337
2015 $77,855 $7,650,000 $7,300,000 $350,000
2014 $3,913 $389,488 $225,504 $163,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG20263345

California Regional Multiple Listing Service (CRMLS)

APN: 053-040-22