NOT LISTED FOR SALE

Estimated Value: $2,960,000 - $13,791,414

6 Beds
8 Baths
5,472 Sq Ft
$1,377/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $15,250,000 $2,787 Per Sq Ft

Current estimated payment $42,052/month

437 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Detached Guest House
  • Top Of The World Elementary School Rated A
  • Property has ocean access
  • 1-minute walk to Ruby Street Park

About This Home

As of July 2022

Once the residence of screen legend Bette Davis, perched atop a captivating oceanfront cliff, this statuesque estate draws in all who visit. This 5,472 +/- s.f., 6 bed, 8 bath French Normandy estate in Laguna Beach has earned a place on the registry of historic places and benefits from Mills Act status which greatly reduces its property tax obligation. A private courtyard entry leads to the home’s main entrance, guest house entrance, and dining terrace with stairs leading to a sunny lounge area with direct stair access to the beach below. The main house, anchored by an exquisite great room leads guests to the Lookout Room and adjoining family room and dining room, all with stunning views of crashing waves and sea. With solid oak floors and updated styling throughout, the home encircles a central spiral staircase topped with a conical roof and spire. The updated kitchen with eating nook offers stainless steel top-end appliances. Upstairs is a master suite with an interior Juliet balcony over the great room, a large ocean view terrace, & updated ensuite w/Carrara marble & heated floors. Two additional ensuite bedrooms and extra storage rooms complete the upper level. The lower level offers a large bar area & adjoining media room, wine cellar, gym & ocean view bedroom. The separate guest house has two ensuite guest rooms, one within its own self-contained apartment. This exclusive and private retreat, surrounded by lush greenery, sand, and breathtaking overlooks, is a stone’s-throw distance from shops, restaurants, and the art galleries of Laguna Beach.

Last Agent to Sell the Property

John Cain

Pacific Sotheby's Int'l Realty License #01467294 Listed on: 04/06/2021

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Michael Johnson

Compass License #01429647

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,224

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 7,391 Sq Ft Lot
  • Beach Front
  • Home fronts navigable water
  • Landscaped
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Garden
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Bluff
  • Hills
  • Neighborhood
  • Courtyard

Home Design

  • French Architecture

Interior Spaces

  • 5,472 Sq Ft Home
  • Wet Bar
  • Wired For Sound
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Coffered Ceiling
  • Cathedral Ceiling
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Game Room with Fireplace
  • Recreation Room
  • Loft
  • Bonus Room
  • Art Studio
  • Workshop
  • Storage
  • Utility Room
  • Home Gym
  • Wood Flooring
  • Finished Basement
  • Sump Pump
  • Attic

Kitchen

  • Galley Kitchen
  • Kitchenette
  • Breakfast Area or Nook
  • Double Oven
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Storage
  • Outbuilding
  • Outdoor Grill

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Location

  • Property is near a park

Schools

  • Top Of The World Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 63
  • Assessor Parcel Number 64427713

Community Details

Overview

  • No Home Owners Association
  • Woods Cove Subdivision
  • Property is near a preserve or public land

Recreation

  • Fishing
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,224

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Woods Cove (WC)
  • View: Yes
  • Architectural Style: French
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64427713
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5472.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Coffered Ceiling(s), High Ceilings, Living Room Balcony, Pantry, Stone Counters, Storage, Sump Pump, Two Story Ceilings, Unfurnished, Wet Bar, Wired for Sound
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 6
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Game Room, Guest House, Outside
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2786.92
  • Room Type: Art Studio, Attic, Basement, Bonus Room, Den, Entry, Exercise Room, Family Room, Formal Entry, Foyer, Galley Kitchen, Game Room, Great Room, Guest/Maid's Quarters, Home Theatre, Kitchen, Laundry, Library, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Recreation, Retreat, Separate Family Room, Two Masters, Utility Room, Walk-In Closet, Wine Cellar, Workshop
  • Bathroom Features: Bathtub, Shower, Remodeled, Stone Counters, Upgraded, Vanity Area
  • Room Kitchen Features: Kitchen Island, Kitchenette, Stone Counters
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House, Guest House Detached, Outbuilding, Storage
  • View: Catalina, City Lights, Coastline, Courtyard, Harbor, Hills, Neighborhood, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Brick, Covered, Deck, Patio, Patio Open, Porch, Front Porch, Rear Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Double Oven, Disposal, Microwave, Refrigerator
  • Heating Type: Central, Zoned, Forced Air
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking, Park, Watersports, Preserve/Public Land

Schools

  • School District: Laguna Beach Unified
  • Elementary School: Top Of The World
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: Top Of The World
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: TOTW
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Bluff, Corner Lot, Sloped Down, Garden, Landscaped, Level with Street, Park Nearby, Sprinkler System, Steep Slope, Yard
  • Lot Size Sq Ft: 7391.00
  • Lot Size Acres: 0.1697

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7391.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Fishing in Community, Navigable Water, Ocean Access, Ocean Front, Ocean Side of Freeway, Ocean Side Of Highway 1, Sea Front, Seawall

Tax Info

  • Tax Lot: 30
  • Tax Tract Number: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Jul 26, 2022
Sold by
1617696 Ontario Limited
Bought by
Second Generation Trust
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Michael Johnson
Compass
List Price
$19,995,000
Sold Price
$15,250,000
Premium/Discount to List
-$4,745,000
-23.73%
Current Estimated Value
$7,535,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,714,646
Avg. Annual Appreciation
-22.28%

Purchase Details

Closed on
Sep 28, 2004
Sold by
Clothier Gene L and Clothier Antoinette Rose
Bought by
1617696 Ontario Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800,000
Interest Rate
4.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 6, 2004
Sold by
Clothier Gene L
Bought by
Clothier Gene L and Clothier Antoinette Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800,000
Interest Rate
4.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 22, 1997
Sold by
Longnecker and Sandra
Bought by
Clothier Gene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 21, 1994
Sold by
Morrow Webb B
Bought by
Longnecker Joseph M and Longnecker Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.54%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Second Generation Trust $15,250,000 Ticor Title
1617696 Ontario Ltd $13,500,000 Chicago Title Co
Clothier Gene L -- First American Title Co
Clothier Gene L $4,400,000 First Southwestern Title Co
Longnecker Joseph M $3,150,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clothier Gene L $4,800,000
Previous Owner Clothier Gene L $2,000,000
Previous Owner Longnecker Joseph M $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $15,250,000 -4.7% $2,787 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/30/2022 06/30/22 Price Changed $15,995,000 -5.9% $2,923 / Sq Ft
09/28/2021 09/28/21 Price Changed $16,995,000 -10.5% $3,106 / Sq Ft
07/30/2021 07/30/21 Price Changed $18,995,000 -5.0% $3,471 / Sq Ft
04/26/2021 04/26/21 For Sale $19,995,000 -- $3,654 / 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 $25,224 $2,841,676 $2,273,340 $568,336
2024 $25,224 $2,386,083 $1,908,867 $477,216
2023 $32,240 $3,060,081 $2,448,065 $612,016
2022 $39,909 $3,822,685 $3,058,148 $764,537
2021 $38,720 $3,711,665 $2,969,332 $742,333
2020 $33,794 $3,233,399 $2,586,719 $646,680
2019 $31,885 $3,041,615 $2,433,292 $608,323
2018 $34,874 $3,338,523 $2,670,818 $667,705
2017 $35,974 $3,450,419 $2,760,336 $690,083
2016 $33,755 $3,232,868 $2,586,294 $646,574
2015 $34,268 $3,285,914 $2,300,140 $985,774
2014 $33,226 $3,184,370 $2,229,059 $955,311
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21047416

California Regional Multiple Listing Service (CRMLS)

APN: 644-277-13