NOT LISTED FOR SALE

Estimated Value: $7,870,000 - $14,360,669

5 Beds
6.5 Baths
7,000 Sq Ft
$1,588/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $12,350,000 $1,764 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $70,871/month

39 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Home Theater
  • Harbor View Elementary School Rated A
  • Wine Cellar
  • In Ground Pool

About This Home

As of May 2022

The pinnacle of elevated ocean-view living awaits at this phenomenal soft-contemporary custom home in Corona del Mar’s highly sought-after Shore Cliffs enclave, which offers gated access to a private beach. Exceptionally bright and open, the tri-level design welcomes captivating Pacific Ocean and Catalina Island views that include the entrance of Newport Harbor and even a buoy frequented by playful seals. Vast frameless picture windows welcome these fabulous views into an airy and welcoming residence of approximately 7,000 square feet that showcases today’s finest finishes and fixtures, complete with assorted furnishings, fashionable European white oak and limestone flooring, crisp white walls with designer treatments in select locations, automated window treatments, a state-of-the-art Lutron lighting system and an elevator that serves all floors. Built in 2018, the magnificent home displays the talents of Teale Architecture, Nicholson Construction and interior designer Barclay Butera. Enjoy five ensuite bedrooms, six and one-half baths, an office, a versatile game/gym/media room, a living room, a dining room with temperature-controlled 216 bottle wine wall, and a spacious great room with linear fireplace and electric glass pocket doors that open to the backyard. A fully appointed chef-caliber kitchen shines with new quartz countertops, a waterfall island, butler’s pantry, top-tier stainless steel appliances, chic white cabinetry and open shelving. The third level opens to a massive view deck, and the backyard is graced with a pool, spa, waterfalls, a covered and heated patio, and tropical landscaping that enhances enviable privacy. An oversized four-car garage hosts built-in storage and epoxy flooring. Shore Cliffs is moments from two Tom Fazio-designed golf courses at the five-star Pelican Hill Resort. Corona del Mar’s village is home to vibrant shopping and dining attractions, and Fashion Island’s high-end stores and restaurants are moments away.

Last Agent to Sell the Property

Johnny Klichan

Newport Real Estate Co. License #01088003 Listed on: 02/24/2022

Last Buyer's Agent

Brad Hinman

Compass License #01186277

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $135,591

Year Built

  • Built in 2018

Lot Details

  • 8,201 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Private Yard
  • Front Yard

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Tandem Garage
  • Single Garage Door
  • Up Slope from Street
  • Driveway

Property Views

  • Ocean
  • Harbor
  • Catalina

Home Design

  • Custom Home
  • Contemporary Architecture
  • Turnkey
  • Flat Roof Shape
  • Fire Rated Drywall
  • Pre-Cast Concrete Construction
  • Stone Veneer
  • Stucco

Interior Spaces

  • 7,000 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Central Vacuum
  • Dual Staircase
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Custom Window Coverings
  • Blinds
  • Casement Windows
  • Sliding Doors
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Game Room
  • Home Gym
  • Stone Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Home Security

  • Home Security System
  • Smart Home

Pool

  • In Ground Pool
  • In Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Beach Access
  • Ocean Side of Highway 1
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Harbor View Elementary School
  • Corona Del Mar High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • Shore Cliffs Prop. Assoc. Association, Phone Number (949) 716-3998
  • Shore Cliffs Subdivision

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 1116
  • Assessor Parcel Number 05219204
  • $364 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$135,591

Year Built

Built in 2018

Lot Details

0

HOA Fees

$52 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Assorted furniture
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Security System
  • Subdivision Name Other: Shore Cliffs (SHOR)
  • View: Yes
  • Architectural Style: Contemporary, Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05219204
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7000.00 Square Feet
  • Interior Amenities: 2 Staircases, Built-in Features, Elevator, High Ceilings, Home Automation System, Open Floorplan, Pantry, Recessed Lighting, Vacuum Central
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1764.29
  • Room Type: Entry, Exercise Room, Family Room, Formal Entry, Foyer, Game Room, Great Room, Home Theatre, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bedroom, Master Suite, Media Room, Office, Separate Family Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private, In Ground
  • Window Features: Blinds, Casement Windows, Custom Covering, Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Separate Tub And Shower, Soaking Tub, Stone Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Catalina, Harbor, Ocean
  • Patio And Porch Features: Covered
  • Pool Features: Private, In Ground, Waterfall
  • Pool Private: Yes
  • Roof: Flat
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls, Stone Veneer, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage - Single Door, Tandem Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Freezer, Disposal, Gas Cooktop, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 52.00
  • Association Fee Frequency: Monthly
  • Association Name: Shore Cliffs Prop. Assoc.
  • Phone: 9497163998
  • Senior Community: No
  • Community Features: Street Lights
  • Association Management: Shore Cliffs Prop. Assoc.

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Harbor View
  • High School: Corona Del Mar
  • Elementary School: Harbor View
  • High School: Corona Del Mar
  • Elementary School #2: HARVIE
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Sprinkler System, Up Slope from Street, Yard
  • Lot Size Sq Ft: 8201.00
  • Lot Size Acres: 0.1883

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8201.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 627.02
  • Tax Lot: 52
  • Tax Tract Number: 1116
  • TaxOtherAnnualAssessmentAmount: 364.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2024
Sold by
Merrill Allan and Merrill Vera
Bought by
Merrill Family Trust and Merrill
Current Estimated Value
$10,870,882

Purchase Details

Listed on
Feb 24, 2022
Closed on
Apr 8, 2022
Sold by
John J Ply 1987 Trust
Bought by
Merrill Allan and Merrill Vera
Seller's Agent
Johnny Klichan
Newport Real Estate Co.
Buyer's Agent
Brad Hinman
Compass
List Price
$13,995,000
Sold Price
$12,350,000
Premium/Discount to List
-$1,645,000
-11.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.23%

Purchase Details

Listed on
Aug 15, 2018
Closed on
Oct 25, 2018
Sold by
220 Evening Canyon Llc
Bought by
Ply John J and John J Ply 1987 Trust
Seller's Agent
Mark Barker
Compass
Buyer's Agent
Johnny Klichan
Newport Real Estate Co.
List Price
$9,995,000
Sold Price
$9,700,000
Premium/Discount to List
-$295,000
-2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$5,820,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2015
Closed on
Jun 4, 2015
Sold by
Bank Of America Na
Bought by
220 Evening Canyon Llc
Seller's Agent
Michael Kander
Michael Kander
Buyer's Agent
Michael Mena
Real Broker
List Price
$2,595,000
Sold Price
$3,200,000
Premium/Discount to List
$605,000
23.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.24%
Original Mortgage
$2,230,000
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Merrill Family Trust -- None Listed On Document
Merrill Allan $12,350,000 Fidelity National Title
Ply John J $9,700,000 Lawyers Title Co
220 Evening Canyon Llc $3,190,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merrill Allan $5,975,000
Previous Owner Ply John J $5,800,000
Previous Owner Ply John J $5,820,000
Previous Owner John J Ply 1987 Trust $5,820,000
Previous Owner Ply John J $5,820,000
Previous Owner 220 Evening Canyon Llc $4,280,000
Previous Owner 220 Evening Canyon Llc $2,330,000
Previous Owner 220 Evening Canyon Llc $2,230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold $12,350,000 -11.8% $1,764 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $13,995,000 +44.3% $1,999 / Sq Ft
10/31/2018 10/31/18 Sold $9,700,000 -3.0% $1,386 / Sq Ft
08/15/2018 08/15/18 For Sale $9,995,000 +212.3% $1,428 / Sq Ft
06/26/2015 06/26/15 Sold $3,200,000 +23.3% $1,085 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $2,595,000 -- $880 / 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 $135,591 $13,105,918 $9,550,872 $3,555,046
2024 $135,591 $12,848,940 $9,363,600 $3,485,340
2023 $132,434 $12,597,000 $9,180,000 $3,417,000
2022 $107,537 $10,196,431 $6,985,865 $3,210,566
2021 $105,467 $9,996,501 $6,848,887 $3,147,614
2020 $104,455 $9,894,000 $6,778,660 $3,115,340
2019 $102,265 $9,700,000 $6,645,745 $3,054,255
2018 $44,009 $4,154,139 $3,116,946 $1,037,193
2017 $35,131 $3,303,419 $3,055,830 $247,589
2016 $34,339 $3,238,647 $2,995,912 $242,735
2015 $2,892 $248,627 $104,029 $144,598
2014 $2,824 $243,757 $101,991 $141,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22035500

California Regional Multiple Listing Service (CRMLS)

APN: 052-192-04