NOT LISTED FOR SALE

Estimated Value: $2,956,000 - $9,095,221

7 Acres
$858,423 Price per Acre
305,765 Sq Ft Lot

Last Sold April 08, 2022

Last sale price $9,625,000

Est. 37% decrease in value since last sale

Current estimated payment $42,500/month

40 Days on Market

Highlights

  • Ocean View
  • Community Stables
  • Hiking Trails
  • Dapplegray Elementary School Rated A+
  • 7.02 Acre Lot
  • Mountainous Community

About This Lot

As of April 2022

A property of this size and beauty comes around only once in a lifetime.

23 Crest Road East is majestically perched on one of the highest points within the gated City of Rolling Hills. This undeveloped 7 acre trophy parcel presents a rare opportunity to design and build a bespoke world-class estate in a private community featuring panoramic ocean views, hiking and equestrian trails, tennis courts, and 24 hour security guarded gates.

An A+++ site with breathtaking ocean, Catalina, and sunset views includes plans with planning approval for an 8,000+ sf stunning main house, 8,000+ spacious basement, 2 bedroom bunkhouse, pool and stable.

Conveniently located near Southern California’s beloved beaches, LAX Airport, and iconic landmarks like The Getty, LACMA, and Griffith Observatory, 23 Crest Rd E will provide you with easy access to the Los Angeles metro area while preserving the tranquility of a rural, outdoor lifestyle.

Treasured in the hands of one family for over a half a century - don't miss this chance to build your legacy.

Last Listed By

Nicole Peters

Strand Hill Properties License #01906239 Listed on: 01/06/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $109,121

Lot Details

  • 7.02 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RHRAS2

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • Woods

Listing and Financial Details

  • Tax Lot 132
  • Assessor Parcel Number 7567011020
  • $852 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • Mountainous Community

Recreation

  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$109,121

Lot Details

0

Listing Details

  • Other Phone Description: 3102002234
  • View: Yes
  • Zoning: RHRAS2
  • Property Type: Land
  • Parcel Number: 7567011020
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 31.48

Exterior Features

  • View: Catalina, Ocean, Panoramic, Trees/Woods, Water

Utilities

  • Water Source: Other

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking, Hiking, Horse Trails, Mountainous, Stable(s)

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 305765.00
  • Lot Size Acres: 7.0194

Multi Family

  • Lot Size Area: 305765.0000 Square Feet

Tax Info

  • Tax Census Tract: 6705.00
  • Tax Lot: 132
  • TaxOtherAnnualAssessmentAmount: 852.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Mar 15, 2022
Sold by
Dark Moon Ranch Llc
Bought by
Yukiko Ogasawara Revocable Trust
Seller's Agent
Nicole Peters
Strand Hill Properties
Buyer's Agent
Linda Janger
Pace Properties
List Price
$9,999,000
Sold Price
$9,625,000
Premium/Discount to List
-$374,000
-3.74%
Total Days on Market
40
Current Estimated Value
$6,025,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,599,389
Avg. Annual Appreciation
-16.20%

Purchase Details

Closed on
Sep 11, 2020
Sold by
Hynes James Patrick and Hynes Lore Vega
Bought by
Dark Moon Ranch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,412,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2019
Sold by
Hynes Thomas J
Bought by
Hynes Thomas J and Hynes Martha S

Purchase Details

Closed on
Mar 21, 2018
Sold by
Hynes Joseph R
Bought by
Hynes Joseph R

Purchase Details

Closed on
Mar 13, 2018
Sold by
Hynes Richard M
Bought by
Hynes Richard M and Hynes Laura A

Purchase Details

Closed on
Mar 7, 2018
Sold by
Gilbreath Patricia Hynes
Bought by
Gilbreath Joseph L and Gilbreath Patricia L

Purchase Details

Closed on
Sep 24, 2017
Sold by
Hynes John M
Bought by
The Hynes Family Trust

Purchase Details

Closed on
Aug 15, 2017
Sold by
Hynes James P
Bought by
Hynes James Patrick and Hynes Lore Vega

Purchase Details

Closed on
Nov 23, 2015
Sold by
Hynes Richard M and Hynes Thomas J
Bought by
Gilbreath Patricia Hynes and Hynes Thomas J

Range of Values:

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Average Value
Not Available
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
Yukiko Ogasawara Revocable Trust $9,625,000 Usa National Title
Dark Moon Ranch Llc $6,825,000 North American Title Company
Hynes Thomas J -- None Available
Hynes Joseph R -- None Available
Hynes Richard M -- None Available
Gilbreath Joseph L -- None Available
The Hynes Family Trust -- None Available
Hynes James Patrick -- None Available
Gilbreath Patricia Hynes -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dark Moon Ranch Llc $3,412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $9,625,000 -3.7% --
02/16/2022 02/16/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $9,999,000 +46.0% --
11/13/2020 11/13/20 Sold $6,850,000 -0.7% --
10/01/2020 10/01/20 Price Changed $6,900,000 0.0% --
10/01/2020 10/01/20 For Sale $6,900,000 0.0% --
08/21/2020 08/21/20 Pending -- -- --
08/02/2020 08/02/20 For Sale $6,900,000 -- --
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 $109,121 $10,013,850 $10,013,850 --
2023 $107,622 $9,817,500 $9,817,500 $0
2022 $74,011 $6,961,500 $6,961,500 $0
2021 $73,976 $6,825,000 $6,825,000 $0
2020 $4,058 $300,388 $300,388 $0
2019 $5,539 $294,499 $294,499 $0
2018 $5,020 $288,725 $288,725 $0
2016 $7,222 $277,514 $277,514 $0
2015 $3,649 $273,346 $273,346 $0
2014 $4,163 $267,992 $267,992 $0
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21265640

California Regional Multiple Listing Service (CRMLS)

APN: 7567-011-020