$10,075,000
SOLD SEP 11, 2024
5 Beds
5.5 Baths
5,445 Sq Ft
0.25 Acres

Recently Sold

$1,850 Per Sq Ft

1% Above List Price

102 Days on Market

Highlights

  • Wine Cellar
  • 24-Hour Security
  • Under Construction
  • Abraham Lincoln Elementary School Rated A
  • Home Theater
  • 3-minute walk to Irvine Terrace Park

About This Home

As of January 2025

New Construction, Irvine Terrace - Design and Build by Casa Arte Group - Completion Date May 2024
Nestled within the coveted Irvine Terrace community, this luxurious new construction residence redefines coastal living. Spanning an expansive 11,200 square foot pie-shaped corner lot, this European-inspired architectural gem seamlessly melds the sophistication of Old-World craftsmanship with the allure of California Coastal Contemporary design. This 5,450 square foot single-level sanctuary offers 5 bedrooms, 6 bathrooms, executive office, and a 3-car garage, complete with an oversized 12-foot-high 3rd bay designed to accommodate your RV or Sprinter Van. The kitchen and great room open graciously to the resort-style patio, pool, and spa, creating an inviting atmosphere that beckons you to unwind. Blonde French-Oak hardwood floors elegantly contrast with tumbled natural stone slabs and honed quartz, and the richness of antique brass and matte black finishes, make a bold and sophisticated statement. Step outside to discover the resort like outdoor entertaining area, seamlessly transitioning from the pool and spa to the fire pit lounge and built-in barbecue. This modern open floorplan boasts an executive office, a separate media room, five en-suite bedrooms, including a decadent primary suite that opens to breathtaking sunset views and a truly private outdoor oasis. The primary suite's spa-like bathroom and expansive walk-in closet, with its custom finishes reminiscent of a high-end clothing boutique, add an extra layer of indulgence. The kitchen, scullery, and sommelier wall are a culinary enthusiast's dream, featuring a 200-bottle wine wall, a 48-inch Wolf range with a griddle, Wolf speed oven and coffee machine, 24-inch Miele freezer and dual 30" refrigerator columns, three dishwashers, and two inline beverage centers—all centered around an impressive 12-foot quartz island with imported quartz countertops throughout. This architectural marvel boasts 14-foot-high ceilings that span the entire width of the great room, creating an open and airy ambiance. Not only is it a visual masterpiece, but it's also technologically advanced, with a 10kW solar system and three EV car chargers. Located across from prestigious Newport Beach Country Club, Fashion Island, Corona del Mar Village, and close to the stunning OC Riviera beaches, and immediate access to the towns finest dining, shopping, and entertainment.

Last Agent to Sell the Property

Chris Moreno

Surterre Properties Inc. Brokerage Phone: 949-280-6357 License #01503663 Listed on: 09/29/2023

Surterre Properties Inc.

Co-Listed By

Cassie Hammond

Surterre Properties Inc. Brokerage Phone: 949-280-6357 License #01264839

Last Buyer's Agent

John Cain

Pacific Sotheby's Int'l Realty License #01467294

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,256

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 0.25 Acre Lot
  • West Facing Home
  • Masonry wall
  • Block Wall Fence
  • New Fence
  • Drip System Landscaping
  • Corner Lot
  • Level Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Electric Vehicle Home Charger
  • Heated Garage
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Covered RV Parking

Home Design

  • Custom Home
  • Contemporary Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Frame Construction
  • Membrane Roofing
  • Steel Beams
  • Pre-Cast Concrete Construction
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 5,445 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Insulated Windows
  • Window Screens
  • Formal Entry
  • Wine Cellar
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Bonus Room
  • Storage
  • Wood Flooring

Kitchen

  • Dumbwaiter
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Self-Cleaning Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Utility Sink
  • Disposal

Bedrooms and Bathrooms

  • Retreat
  • 5 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Bathroom on Main Level
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

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

Accessible Home Design

  • Halls are 48 inches wide or more
  • Doors are 32 inches wide or more

Pool

  • Solar Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Solar Heated Spa
  • Permits For Spa
  • Permits for Pool

Outdoor Features

  • Covered patio or porch
  • Fireplace in Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

  • Two cooling system units
  • Ducts Professionally Air-Sealed
  • High Efficiency Air Conditioning
  • Forced Air Zoned Heating and Cooling System
  • High Efficiency Heating System
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts in Garage
  • Natural Gas Connected
  • Tankless Water Heater
  • Water Purifier
  • Water Softener
  • Phone Available
  • Cable TV Available

Additional Features

  • Solar owned by seller
  • Property is near a park

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 2813
  • Assessor Parcel Number 05032209
  • $369 per year additional tax assessments

Community Details

Overview

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

Recreation

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

Additional Features

  • Picnic Area
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,256

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$48 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Sprinkler System, Security Lights, Security System, Smoke Detector(s)
  • Subdivision Name Other: Irvine Terrace (IRVT)
  • View: No
  • Zoning: SFR
  • Architectural Style: Contemporary, Custom Built
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05032209
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 5445.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Block Walls, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Crown Molding, Dumbwaiter, High Ceilings, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Stone Counters, Storage, Two Story Ceilings
  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls, 48 Inch Or More Wide Halls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Entry Level: 1
  • Fireplace Features: Primary Bedroom, Outside, Patio, Great Room
  • Levels: One
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 1850.32
  • Room Type: All Bedrooms Down, Bonus Room, Den, Entry, Family Room, Formal Entry, Foyer, Great Room, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Media Room, Office, Retreat, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private, Heated, In Ground, Permits, Solar Heated
  • Window Features: Double Pane Windows, Insulated Windows, Screens
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Linen Closet/Storage, Main Floor Full Bath, Privacy Toilet Door, Quartz Counters, Separate Tub And Shower, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • Fence: Yes
  • Fencing: Block, Excellent Condition, Masonry, New Condition
  • Patio And Porch Features: Covered, Patio, Stone
  • Pool Features: Private, Heated, Electric Heat, In Ground, Permits, Salt Water, Solar Heat
  • Pool Private: Yes
  • Roof: Membrane
  • Spa: Yes
  • Construction Materials: Block, Concrete, Drywall Walls, Ducts Professionally Air-Sealed, Frame, Steel, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 3
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage, Garage Faces Front, Garage - Single Door, Garage - Two Door, Garage Door Opener, Heated Garage, Oversized, Private, RV Covered, Side by Side, Electric Vehicle Charging Station(s)
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, High Efficiency Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator, Water Purifier, Water Softener
  • Electric: 220 Volts in Garage, Electricity - On Property, Photovoltaics Seller Owned
  • Heating Type: Central, Fireplace(s), Forced Air, High Efficiency, Zoned
  • Laundry Features: Electric Dryer Hookup, Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Biking Trails, Hiking Trails
  • Association Fee: 48.00
  • Association Fee Frequency: Monthly
  • Association Name: IRVT
  • Phone: 9494096060
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Gutters, Park, Sidewalks, Storm Drains, Street Lights
  • 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: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Lawn, Lot 10000-19999 Sqft, Level, Park Nearby, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 11021.00
  • Lot Size Acres: 0.2530
  • Latitude Manual: 33.60597400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11021.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 627.01
  • Tax Lot: 35
  • Tax Tract Number: 2813
  • TaxOtherAnnualAssessmentAmount: 369.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Jan 8, 2025
Sold by
Kewamee Cdm Llc
Bought by
Rivera Family Trust and Rivera
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Tara McNabb
Compass
List Price
$12,995,000
Sold Price
$11,500,000
Premium/Discount to List
-$1,495,000
-11.5%
Views
134
Current Estimated Value
$7,417,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,082,739
Avg. Annual Appreciation
-53.56%
Original Mortgage
$7,475,000
Outstanding Balance
$7,396,979
Interest Rate
5.92%
Mortgage Type
New Conventional
Estimated Equity
$622,655

Purchase Details

Listed on
Sep 29, 2023
Closed on
Sep 3, 2024
Sold by
Casa Artc Group Llc
Bought by
Kewamee Cdm Llc
Seller's Agent
Chris Moreno
Surterre Properties Inc.
Buyer's Agent
John Cain
Pacific Sotheby's Int'l Realty
List Price
$9,975,000
Sold Price
$10,075,000
Premium/Discount to List
$100,000
1%
Views
135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.38%

Purchase Details

Closed on
May 24, 2024
Sold by
Ez Properties Llc
Bought by
Casa Arte Group Llc

Purchase Details

Closed on
Nov 9, 2022
Sold by
Kewamee Llc
Bought by
Ez Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,826,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2020
Closed on
Oct 2, 2020
Sold by
Elkayam Ami and Elkayam Gali
Bought by
Kewamee Llc
Seller's Agent
Justin Smith
Berkshire Hathaway HomeService
Buyer's Agent
Gabe Cole
Real Broker
List Price
$3,395,000
Sold Price
$3,361,050
Premium/Discount to List
-$33,950
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.64%
Original Mortgage
$1,800,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2020
Closed on
Aug 13, 2020
Sold by
Lincoln Family Trust
Bought by
Elkayam Ami and Elkayam Gali
Seller's Agent
Justin Smith
Berkshire Hathaway HomeService
Buyer's Agent
Gabe Cole
Real Broker
List Price
$3,395,000
Sold Price
$3,361,050
Premium/Discount to List
-$33,950
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2009
Sold by
Lincoln Winslow S and Lincoln Carol H
Bought by
Lincoln Winslow S and Lincoln Carol H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2001
Sold by
Lincoln Winslow S and Lincoln Carol H
Bought by
Lincoln Winslow S and Lincoln Carol H
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 $11,500,000 Fidelity National Title
Grant Deed $10,075,000 Fidelity National Title
Grant Deed -- Innovative Title Company
Grant Deed $3,925,000 Doma Title
Grant Deed -- Accommodation
Grant Deed $3,361,500 North American Title
Interfamily Deed Transfer -- Equity Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,475,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $2,826,000 New Conventional
Previous Owner $1,800,000 New Conventional
Previous Owner $194,775 New Conventional
Previous Owner $203,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $196,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $11,500,000 -4.1% $2,110 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
10/23/2024 10/23/24 Price Changed $11,995,000 -7.7% $2,201 / Sq Ft
09/16/2024 09/16/24 For Sale $12,995,000 +29.0% $2,384 / Sq Ft
09/11/2024 09/11/24 Sold $10,075,000 +1.0% $1,850 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
09/29/2023 09/29/23 For Sale $9,975,000 +154.1% $1,832 / Sq Ft
01/10/2023 01/10/23 Sold $3,925,000 -1.8% $1,603 / Sq Ft
10/27/2022 10/27/22 For Sale $3,995,000 +18.9% $1,631 / Sq Ft
09/17/2020 09/17/20 Sold $3,361,050 -1.0% $1,372 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $3,395,000 -- $1,386 / 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 $49,256 $4,643,811 $3,783,320 $860,491
2023 $37,037 $3,496,836 $3,292,551 $204,285
2022 $36,426 $3,428,271 $3,227,991 $200,280
2021 $35,727 $3,361,050 $3,164,697 $196,353
2020 $3,017 $259,367 $153,759 $105,608
2019 $2,960 $254,282 $150,744 $103,538
2018 $2,902 $249,297 $147,789 $101,508
2017 $2,851 $244,409 $144,891 $99,518
2016 $2,862 $239,617 $142,050 $97,567
2015 $2,759 $236,018 $139,916 $96,102
2014 $2,694 $231,395 $137,175 $94,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23181732

California Regional Multiple Listing Service (CRMLS)

APN: 050-322-09