$5,200,000
SOLD AUG 30, 2018
5 Beds
7 Baths
8,539 Sq Ft
0.88 Acres

Recently Sold

$609 Per Sq Ft

22% Below List Price

226 Days on Market

Highlights

  • Golf Course Community
  • Wine Cellar
  • Cabana
  • Bonita Canyon Elementary Rated 9+
  • 24-Hour Security
  • Custom Home

About This Home

As of October 2023

A spectacular custom estate nestled in the prestigious gated community of Shady Canyon. This unique, approx. 8,539 sq. ft. home sits on an approx. 38,507 sq. ft. corner lot situated on one of Shady Canyon's most picturesque and secluded custom sites and features 5 elegant bedroom suites, 7 bathrooms, a home office & game room. Offering sprawling vistas and mountain views, this architectural masterpiece was built to transcend time, becoming a lasting legacy estate by way of its timeless style and unparalleled craftsmanship. The spacious master suite with a remarkable spa-bathing suite, sitting area, walk-in closet, fireplace, and balcony offers the gorgeous view of the rolling hills. A stunning and cozy living room coupled with the formal dining room are constructed with decadent entertaining in mind. A gourmet kitchen with top-of-the-line appliances opens onto an expansive, yet intimate family room that connects to outdoor dining areas. An entertainer’s delight, professionally designed backyard with built-in BBQ, pool & spa, covered loggias and cabanas gives way to the milieu of a pristine nature preserve landscape. Minutes to world class schools, shopping, & golf courses

Last Agent to Sell the Property

Clara Lobel

Pacific Sotheby's Int'l Realty License #01894850 Listed on: 12/18/2017

Last Buyer's Agent

Min Zhang

Alink Realty Group License #01714040

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,581

Year Built

  • Built in 2004

Lot Details

  • 0.88 Acre Lot
  • Corner Lot

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Converted Garage
  • Parking Available
  • Three Garage Doors
  • Garage Door Opener
  • Auto Driveway Gate

Property Views

  • City Lights
  • Mountain
  • Hills

Home Design

  • Custom Home

Interior Spaces

  • 8,539 Sq Ft Home
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • French Doors
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Game Room with Fireplace
  • Storage
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Six Burner Stove
  • Gas Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet
  • Bidet
  • Bathtub

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Cabana
  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Grill

Schools

  • Bonita Canyon Elementary School
  • Rancho San Joaquin Middle School
  • University High School

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 63
  • Tax Tract Number 15941
  • Assessor Parcel Number 46404124

Community Details

Overview

  • Property is near a preserve or public land
  • Valley

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Additional Features

  • Clubhouse
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,581

Year Built

Built in 2004

Lot Details

0

HOA Fees

$650 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Gated with Guard
  • Subdivision Name Other: Shady Canyon Custom (SHDC)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 46404124
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8539.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Beamed Ceilings, Built-in Features, Crown Molding, Granite Counters, Pantry, Storage, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Game Room, Living Room, Master Retreat, Outside, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 608.97
  • Room Type: Family Room, Formal Entry, Foyer, Game Room, Great Room, Living Room, Main Floor Bedroom, Office, Walk-In Closet, Wine Cellar
  • Spa Features: Association, Private
  • Bathroom Features: Bathtub, Bidet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills, Mountain(s)
  • Patio And Porch Features: Cabana, Covered, Stone
  • Pool Features: Association, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Converted Garage, Direct Garage Access, Garage - Three Door, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Double Oven, Freezer, Disposal, Gas Range, Microwave, Range Hood, Refrigerator, Warming Drawer
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Golf Course, Tennis Court(s), Biking Trails, Hiking Trails, Clubhouse
  • Association Fee: 650.00
  • Association Fee Frequency: Monthly
  • Association Name: .
  • Phone: .
  • Senior Community: No
  • Community Features: Preserve/Public Land, Valley

Schools

  • School District: Irvine Unified
  • Elementary School: Bonita Canyon
  • Middle School: Rancho San Joaquin
  • High School: University
  • Elementary School: Bonita Canyon
  • High School: University
  • Middle Or Junior School: Rancho San Joaquin
  • Elementary School #2: BONCAN
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 38507.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 63
  • Tax Tract Number: 15941

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Sep 6, 2023
Sold by
Metro Supplies Limited Llc
Bought by
Wang Yan and Cao Huaishan
Seller's Agent
Min Zhang
Alink Realty Group
Buyer's Agent
Frank Wu
Pinnacle Real Estate Group
List Price
$9,680,000
Sold Price
$7,980,000
Premium/Discount to List
-$1,700,000
-17.56%
Views
113
Current Estimated Value
$9,720,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,740,296
Avg. Annual Appreciation
10.18%
Original Mortgage
$3,990,000
Outstanding Balance
$3,927,532
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$5,555,025

Purchase Details

Closed on
Jul 24, 2019
Sold by
Idaho Aca Yibo and Xia Family Trust
Bought by
Metro Supplies Limited Llc

Purchase Details

Listed on
Dec 18, 2017
Closed on
Aug 27, 2018
Sold by
Ewalt Charles and Ewalt Maryam
Bought by
Xia Yibbo and The Xia Family Trust
Seller's Agent
Clara Lobel
Pacific Sotheby's Int'l Realty
Buyer's Agent
Min Zhang
Alink Realty Group
List Price
$6,688,000
Sold Price
$5,200,000
Premium/Discount to List
-$1,488,000
-22.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%

Purchase Details

Closed on
May 31, 2002
Sold by
Irvine Community Development Company
Bought by
Ewalt Charles and Ewalt Maryam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back
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 $7,980,000 Fidelity National Title
Grant Deed -- None Available
Grant Deed $5,200,000 Fidelity National Title Co
Grant Deed -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,990,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $3,239,600 Construction
Previous Owner $1,050,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $7,980,000 -11.1% $935 / Sq Ft
08/30/2023 08/30/23 Price Changed $8,980,000 -7.2% $1,052 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $9,680,000 +86.2% $1,134 / Sq Ft
08/30/2018 08/30/18 Sold $5,200,000 -11.9% $609 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
05/24/2018 05/24/18 Price Changed $5,900,000 -9.2% $691 / Sq Ft
04/06/2018 04/06/18 Price Changed $6,500,000 -2.8% $761 / Sq Ft
12/18/2017 12/18/17 For Sale $6,688,000 -- $783 / 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 $90,581 $7,980,000 $5,063,708 $2,916,292
2023 $65,654 $5,571,342 $3,071,157 $2,500,185
2022 $64,462 $5,462,100 $3,010,938 $2,451,162
2021 $63,453 $5,355,000 $2,951,900 $2,403,100
2020 $63,431 $5,355,000 $2,951,900 $2,403,100
2019 $62,327 $5,250,000 $2,894,019 $2,355,981
2018 $45,127 $3,569,508 $1,817,700 $1,751,808
2017 $44,378 $3,499,518 $1,782,059 $1,717,459
2016 $43,613 $3,430,900 $1,747,116 $1,683,784
2015 $43,012 $3,379,365 $1,720,873 $1,658,492
2014 $43,035 $3,313,168 $1,687,163 $1,626,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17275713

California Regional Multiple Listing Service (CRMLS)

APN: 464-041-24