$5,550,000
SOLD AUG 20, 2025
4 Beds
3.5 Baths
3,631 Sq Ft
6,418 Sq Ft Lot

Recently Sold

$1,529 Per Sq Ft

7% Below List Price

122 Days on Market

Highlights

  • Primary Bedroom Suite
  • Viking Appliances
  • Freestanding Bathtub
  • Newport Coast Elementary School Rated A
  • Clubhouse
  • Main Floor Bedroom

About This Home

As of August 2025

Ideally positioned on a private corner lot at the end of a serene cul-de-sac, 21 Observatory seamlessly blends sophisticated design with luxurious upgrades. This renovated & recently refreshed residence showcases 4 bedrooms, 3.5 bathrooms, and approximately 3,631 square feet of impeccably curated living space. Every detail has been thoughtfully considered from 18”x36” limestone and European oak flooring to custom inlaid cabinetry, striking Calacatta marble countertops, and artisan-crafted ironwork. A state-of-the-art Lutron lighting system sets the perfect ambiance throughout, while a suite of premium Viking and Sub-Zero appliances enhances both function and form in the chef’s kitchen. The garage is a standout feature in itself, offering Cleaf cabinetry which makes it feel more like a high-end showroom than a utility space. Upstairs, the primary suite is a true retreat, featuring warm wood flooring, a stone-wrapped balcony, and a spa-inspired bathroom with marble flooring, an oversized stone shower, freestanding Hydro-spa tub, and a fully customized walk-in closet. Located within a 24-hour guard-gated community, residents enjoy resort-style amenities including an Olympic-sized heated pool, spa, toddler pool, outdoor barbecues, a grand fireplace lounge, and direct access to scenic Coastal Peak Park. Just moments from award-winning schools, upscale shopping, dining, and pristine beaches, this home offers the ultimate in privacy, luxury, and lifestyle.

Last Agent to Sell the Property

Paul Daftarian

Luxe Real Estate Brokerage Phone: 949-484-0387 License #01317949 Listed on: 04/11/2025

Co-Listed By

Joe Poppingo

Luxe Real Estate Brokerage Phone: 949-484-0387 License #02055583

Last Buyer's Agent

Tara McNabb

Compass License #01871729

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,394

Year Built

  • Built in 2004

Lot Details

  • 6,418 Sq Ft Lot
  • Cul-De-Sac
  • Corner Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $560 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,631 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Viking Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Freestanding Bathtub

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Zoned Cooling

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 16461
  • Assessor Parcel Number 47846315
  • $5,108 per year additional tax assessments

Community Details

Overview

  • Pacific Ridge Maint Assoc. Association, Phone Number (888) 679-2500
  • First Service Residential HOA
  • Cypress Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Park

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,394

Year Built

Built in 2004

Lot Details

0

HOA Fees

$560 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Co Agent
  • Other Phone Number: 949.531.3437
  • Property Attached: No
  • Subdivision Name Other: Cypress (PRCP)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47846315
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3631.00 Square Feet
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1528.50
  • Room Type: Family Room, Jack & Jill, Kitchen, Main Floor Bedroom, Primary Suite, Walk-In Closet

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground, Clubhouse, Guard
  • Association Fee: 560.00
  • Association Fee Frequency: Monthly
  • Association Name: Pacific Ridge Maint Assoc.
  • Phone: 888-679-2500
  • Senior Community: No
  • Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights
  • Association Management: First Service Residential

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Cul-De-Sac
  • Lot Size Sq Ft: 6418.00
  • Lot Size Acres: 0.1473

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6418.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 14
  • Tax Tract Number: 16461
  • TaxOtherAnnualAssessmentAmount: 5108.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2025
Closed on
Aug 13, 2025
Sold by
Samuel W L And Mary E Chin Revocable Tru and Chin Samuel W
Bought by
Andrew Paul Mckeen Living Trust and Mckeen
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Tara McNabb
Compass
List Price
$5,998,000
Sold Price
$5,550,000
Premium/Discount to List
-$448,000
-7.47%
Views
1207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.47%

Purchase Details

Listed on
Aug 29, 2021
Closed on
Sep 29, 2021
Sold by
Sharifi Amir and Yazdanshenas Desiree
Bought by
Chin Samuel W L and Chin Mary E
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Pamela Spruce
Compass
List Price
$3,995,000
Sold Price
$3,737,500
Premium/Discount to List
-$257,500
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%

Purchase Details

Listed on
Sep 4, 2019
Closed on
Dec 20, 2019
Sold by
Kendrick Randall R and The Randal R Kendrick Trust
Bought by
Sharifi Amir and Yazdanshenas Desiree
Seller's Agent
Harold Noriega
Compass
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$2,995,000
Sold Price
$2,375,000
Premium/Discount to List
-$620,000
-20.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.77%
Original Mortgage
$1,543,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2017
Sold by
Kendrick Randall Raymond and Kendrick Randall Raymond
Bought by
Kendrick Randall R and The Randall R Kendrick Trust

Purchase Details

Listed on
Mar 21, 2013
Closed on
Apr 16, 2013
Sold by
Mather Scott A and Mather Nicole S
Bought by
Kendrick Randall Raymond
Seller's Agent
Shala Emdadi
Real Estate Legends USA
Buyer's Agent
Shala Emdadi
Real Estate Legends USA
List Price
$2,100,000
Sold Price
$2,050,000
Premium/Discount to List
-$50,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$1,435,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2005
Sold by
Taylor Woodrow Homes Inc
Bought by
Mather Scott A and Mather Nicole S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
1%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $5,550,000 California Best Title
Grant Deed $3,737,500 North American Title Company
Grant Deed $2,375,000 First American Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $2,050,000 Ticor Title Tustin Orange Co
Corporate Deed $1,947,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,543,750 New Conventional
Previous Owner $390,000 Credit Line Revolving
Previous Owner $1,435,000 New Conventional
Previous Owner $1,200,000 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Sold $5,550,000 -3.5% $1,529 / Sq Ft
08/11/2025 08/11/25 Pending -- -- --
06/09/2025 06/09/25 Price Changed $5,749,000 -4.2% $1,583 / Sq Ft
04/11/2025 04/11/25 For Sale $5,998,000 +60.5% $1,652 / Sq Ft
10/18/2021 10/18/21 Sold $3,737,500 -6.4% $1,029 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
08/29/2021 08/29/21 For Sale $3,995,000 +68.2% $1,100 / Sq Ft
01/21/2020 01/21/20 Sold $2,375,000 -10.4% $654 / Sq Ft
12/21/2019 12/21/19 Pending -- -- --
11/18/2019 11/18/19 Price Changed $2,650,000 -3.9% $730 / Sq Ft
10/29/2019 10/29/19 Price Changed $2,758,000 -3.5% $760 / Sq Ft
10/10/2019 10/10/19 Price Changed $2,858,000 -4.6% $787 / Sq Ft
09/04/2019 09/04/19 For Sale $2,995,000 +46.1% $825 / Sq Ft
04/19/2013 04/19/13 Sold $2,050,000 -2.4% $588 / Sq Ft
03/22/2013 03/22/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $2,100,000 -- $602 / 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 $45,394 $3,966,264 $3,029,950 $936,314
2024 $45,394 $3,888,495 $2,970,540 $917,955
2023 $44,426 $3,812,250 $2,912,294 $899,956
2022 $43,299 $3,737,500 $2,855,190 $882,310
2021 $29,332 $2,399,605 $1,507,949 $891,656
2020 $28,676 $2,308,265 $1,470,137 $838,128
2019 $28,826 $2,263,005 $1,441,310 $821,695
2018 $28,373 $2,218,633 $1,413,049 $805,584
2017 $28,831 $2,175,131 $1,385,342 $789,789
2016 $27,525 $2,132,482 $1,358,179 $774,303
2015 $26,589 $2,100,451 $1,337,778 $762,673
2014 $26,019 $2,059,307 $1,311,573 $747,734
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25064091

California Regional Multiple Listing Service (CRMLS)

APN: 478-463-15