NOT LISTED FOR SALE

Estimated Value: $3,733,000 - $7,324,000

4 Beds
4.5 Baths
2,400 Sq Ft
$2,550/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $6,695,000 $2,790 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $35,050/month

56 Days on Market

Highlights

  • New Construction
  • Rooftop Deck
  • Primary Bedroom Suite
  • Abraham Lincoln Elementary School Rated A
  • Solar Power System
  • Custom Home

About This Home

As of April 2024

One of the finest homes ever offered on the highly coveted Little Balboa Island. An exquisite new custom residence by award winning builder Sailhouse with tasteful interior design and furnishings by Morrison Interiors. This home offers an open layout with an impressive four bedrooms, four and half bathrooms, butler’s pantry, and bar area. Multiple exterior and interior spaces are designed for a modern lifestyle making this home the perfect place for gathering and entertaining. Exterior spaces lead naturally to the interiors with large format subtly textured stone flooring on the main level followed by a kitchen perfect for the home chef. This kitchen entails the luxury of Wolf and Sub-Zero appliances, perfect for the entertainer. The dynamic downlighting system from Circa Lighting paired with Vantage lighting control provides unprecedented control and remote access from smartphones or tablets. A rooftop deck awaits with top-of-the-line appliances and plenty of outdoor spaces to enjoy. Each bedroom and bathroom is beautifully presented with high-end plumbing fixtures by Kallista and Phylrich and a combination of subtle textured materials, and luxurious natural stones throughout. The jewelry on top is the custom decorative lighting by Urban Electric, Visual Comfort as well as more unique and boutique vendors out of New York that add to the elevated look and finesse of this home. Extra features include designer door hardware, elevator, and so much more.

Last Agent to Sell the Property

Jonathon Curci

Compass License #01993349 Listed on: 01/22/2024

Compass

Last Buyer's Agent

Cindy Harcar

Sandra Richardson, Broker License #01385685

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,835

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 2,550 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Custom Home
  • Entry on the 1st floor

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Recessed Lighting
  • Double Door Entry
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat
  • Solar Power System
  • Solar Heating System

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Fireplace in Patio
  • Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Balboa Island Little Island Subdivision

Listing and Financial Details

  • Legal Lot and Block 24 / 6
  • Tax Tract Number 103
  • Assessor Parcel Number 05019218
  • $380 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,835

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Little Island (BALL)
  • View: Yes
  • Architectural Style: Custom Built
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05019218
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2400.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Built-in Features, Elevator, Furnished, Open Floorplan, Pantry, Recessed Lighting, Stone Counters
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom, Outside, Patio
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2789.58
  • Room Type: All Bedrooms Up, Entry, Kitchen, Laundry, Living Room, Primary Suite, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s)
  • Room Kitchen Features: Built-In Trash/Recycling, Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • View: City Lights, Neighborhood
  • Patio And Porch Features: Deck, Patio, Front Porch, Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage - Single Door, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
  • Heating Type: Central, Solar
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Green Features

  • Efficiency: Appliances, HVAC, Insulation, Lighting, Thermostat, Water Heater
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0585

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 630.06
  • Tax Lot: 24
  • Tax Tract Number: 103
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Mar 21, 2024
Sold by
Sailhouse Crystal Llc
Bought by
Osborn Trust and Osborn
Seller's Agent
Jonathon Curci
Compass
Buyer's Agent
Cindy Harcar
Sandra Richardson, Broker
List Price
$6,995,000
Sold Price
$6,695,000
Premium/Discount to List
-$300,000
-4.29%
Views
143
Current Estimated Value
$6,118,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$576,174
Avg. Annual Appreciation
-8.08%

Purchase Details

Closed on
Jan 29, 2021
Sold by
Hagel Properties Llc
Bought by
Sallhouse Crystal Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
2.6%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 24, 2020
Closed on
Jun 12, 2020
Sold by
Brennan Lorin and The Lorin Brennan Living Trust
Bought by
Hagel Properties Llc
Seller's Agent
Lia Castrillon
Keller Williams Legacy
Buyer's Agent
Jeff Williams
Pacific Sotheby's Int'l Realty
List Price
$2,150,000
Sold Price
$2,000,000
Premium/Discount to List
-$150,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.95%

Purchase Details

Closed on
Mar 8, 2018
Sold by
Brennan Lorin
Bought by
Brennan Lorin and The Brennan Living Trust

Purchase Details

Closed on
Jun 27, 2006
Sold by
Murray Ann Lloyd
Bought by
Mariae Ann

Purchase Details

Closed on
Jan 14, 2003
Sold by
Murray David Lloyd
Bought by
Murray Ann Lloyd

Purchase Details

Closed on
Jan 5, 1994
Sold by
Murray David T
Bought by
Murray David T
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
Osborn Trust $6,695,000 First American Title
Sallhouse Crystal Llc $2,100,000 North American Title Company
Hagel Properties Llc $2,000,000 Orange Coast Title Company
Brennan Lorin -- None Available
Brennan Lorin -- None Available
Mariae Ann -- None Available
Murray Ann Lloyd -- --
Murray David T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sallhouse Crystal Llc $2,700,000
Previous Owner Mariae Ann $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $6,695,000 0.0% $2,790 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
02/21/2024 02/21/24 Price Changed $6,695,000 -4.3% $2,790 / Sq Ft
01/22/2024 01/22/24 For Sale $6,995,000 +249.8% $2,915 / Sq Ft
06/15/2020 06/15/20 Sold $2,000,000 -7.0% $2,706 / Sq Ft
01/24/2020 01/24/20 For Sale $2,150,000 -- $2,909 / 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 $32,835 $2,453,126 $2,072,459 $380,667
2024 $32,835 $3,083,147 $2,191,820 $891,327
2023 $26,686 $2,509,400 $2,148,844 $360,556
2022 $22,526 $2,106,710 $2,106,710 $0
2021 $21,625 $2,020,720 $1,986,122 $34,598
2020 $18,799 $1,758,301 $1,726,398 $31,903
2019 $18,410 $1,723,825 $1,692,547 $31,278
2018 $18,042 $1,690,025 $1,659,360 $30,665
2017 $17,722 $1,656,888 $1,626,824 $30,064
2016 $17,396 $1,624,400 $1,594,925 $29,475
2015 $1,431 $110,185 $104,028 $6,157
2014 $1,397 $108,027 $101,990 $6,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24012205

California Regional Multiple Listing Service (CRMLS)

APN: 050-192-18