NOT LISTED FOR SALE

Estimated Value: $2,291,000 - $3,267,060

3 Beds
3.5 Baths
2,932 Sq Ft
$965/Sq Ft Est. Value

Sale Details

Date Sold: December 24, 2019

Last sale price $4,200,000 $1,432 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $17,660 / mo

Highlights

  • Ocean View
  • Attached Guest House
  • Auto Driveway Gate
  • Webster Elementary School Rated A
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of November 2024

Welcome to The Power Plant by Ed Niles, FAIA: A true architectural marvel by renowned architect Ed Niles, masterfully blending glass, steel, and concrete. This extraordinary residence sits on nearly an acre of lushly landscaped grounds. Designed with precision, every room offers breathtaking, uninterrupted views of the Pacific Ocean, Catalina Island, the iconic Queen's Necklace, and the surrounding mountains.Inside, you'll find luxurious limestone floors throughout, a state-of-the-art Bulthaup kitchen, and custom Niles cabinetry. The contrast between the steel framework and the abundance of indoor greenery creates a warm and inviting atmosphere.The master suite impresses with its soaring ceilings, walk-in closet, cozy fireplace, and spa-like bathroom featuring a glass-enclosed shower, separate tub, and a mezzanine office with panoramic ocean views. A second suite in the main residence includes a wet bar and an ensuite bathroom, while a separate third bedroom/guest house below offers privacy with its own entrance.Entertainment and relaxation are key, with a private elevator providing seamless access to every level. The home is equipped with a SONOS sound system throughout, high-speed wireless internet, a 48-foot private pool, spa, outdoor lounge areas, and a gated motor court with a two-car garage. Access to Pacific Coast Highway is just a 5-minute drive via a private gated road.

Last Agent to Rent the Property

Shana Tavangarian

Carolwood Estates License #02074214 Listed on: 10/07/2024

Last Renter's Agent

Shana Tavangarian

Carolwood Estates License #02074214 Listed on: 10/07/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 41,453 Sq Ft Lot
  • Property is zoned LCR140000*

Parking

  • 2 Car Attached Garage
  • Driveway
  • Auto Driveway Gate
  • Guest Parking
  • On-Street Parking

Property Views

  • Ocean
  • Coastline
  • Bay
  • City Lights
  • Canyon
  • Mountain

Interior Spaces

  • 2,932 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • Gas Fireplace
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Stone Flooring
  • Alarm System

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool Heated With Propane
  • Pool Cover

Outdoor Features

  • Open Patio
  • Outdoor Grill

Additional Homes

  • Attached Guest House

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Phone System
  • Cable TV Available

Community Details

  • Controlled Access

Listing and Financial Details

  • Security Deposit $24,000
  • Tenant pays for move out fee, water, insurance, gas, electricity
  • 12 Month Lease Term
  • Assessor Parcel Number 4453-011-006

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0.95 Acres

Parking

2

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Lease Option: 1
  • Security Deposit: 24000
  • Tenant Pays: Move Out Fee, Water, Insurance, Gas, Electricity

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2932
  • Lot Acreage: 0.9516
  • Stories: 2
  • Year Built: 1998
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Gas, Living Room, Master Bedroom
  • Flooring: Stone, Stone Tile
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Phone System, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 5.46

Exterior Features

  • Guest House: Attached
  • Pool Description: In Ground, Heated with Propane, Heated And Filtered, Pool Cover, Private
  • Pool: Yes
  • Spa: In Ground, Heated with Propane, Private
  • Spa Yn: Yes
  • View: Canyon, City, City Lights, Coastline, Ocean, Mountains, Bay
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Above Street Level, Garage - 1 Car, Driveway Gate, Garage Is Attached, Gated, Parking for Guests, Driveway - Concrete, Private
  • Total Parking: 4

Utilities

  • Cooling: Central, Air Conditioning, Multi/Zone
  • Heating: Central, Forced Air

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4453-011-006
  • Lot Size Area: 41453

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2019
Closed on
Dec 20, 2019
Sold by
Bought by
Seller's Agent
Sandro Dazzan
The Agency
Buyer's Agent
Tyson Park
Berkshire Hathaway HomeServices California Properties
List Price
$4,995,000
Sold Price
$4,200,000
Premium/Discount to List
-$795,000
-15.92%
Current Estimated Value
$2,829,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,370,313
Avg. Annual Appreciation
-5.80%

Purchase Details

Closed on
Mar 4, 2011
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 2004
Sold by
Bought by

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
0.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2003
Sold by
Bought by

Purchase Details

Closed on
Feb 18, 2003
Sold by
Bought by

Purchase Details

Closed on
May 22, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,200,000 First American Title Company
-- None Available
-- Fidelity National Title Co
$1,500,000 Fidelity National Title Co
$1,500,000 Fidelity National Title Co
-- --
-- First American
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $900,000
Previous Owner $649,000
Previous Owner $729,500
Previous Owner $1,000,000
Previous Owner $950,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Rented $16,000 0.0% --
10/07/2024 10/07/24 For Rent $16,000 0.0% --
07/31/2023 07/31/23 Rented $16,000 0.0% --
06/05/2023 06/05/23 Under Contract -- -- --
06/02/2023 06/02/23 Price Changed $16,000 -20.0% $5 / Sq Ft
05/19/2023 05/19/23 For Rent $20,000 0.0% --
12/24/2019 12/24/19 Sold $4,200,000 -15.9% $1,432 / Sq Ft View Prior Sale
09/28/2019 09/28/19 For Sale $4,995,000 +18.9% $1,704 / Sq Ft
09/27/2019 09/27/19 Off Market $4,200,000 -- --
07/03/2019 07/03/19 For Sale $4,995,000 -- $1,704 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $26,907 $2,132,609 $2,132,609
2024 $52,821 $4,503,246 $3,216,605 $1,286,641
2023 $51,765 $4,414,948 $3,153,535 $1,261,413
2022 $51,187 $4,328,381 $3,091,701 $1,236,680
2021 $49,990 $4,243,512 $3,031,080 $1,212,432
2020 $49,642 $4,200,000 $3,000,000 $1,200,000
2019 $23,785 $1,955,563 $1,083,370 $872,193
2018 $22,541 $1,917,220 $1,062,128 $855,092
2016 $21,711 $1,842,774 $1,020,885 $821,889
2015 $21,421 $1,815,095 $1,005,551 $809,544
2014 $21,124 $1,779,541 $985,854 $793,687
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-446737

The MLS

APN: 4453-011-006

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