$3,150,000
SOLD APR 14, 2025
3 Beds
3.5 Baths
3,144 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$1,002 Per Sq Ft

3% Below List Price

55 Days on Market

Highlights

  • Private Dock
  • Boat Ramp
  • Property is near a canal
  • Marina View
  • Property Fronts a Bay or Harbor
  • Contemporary Architecture

About This Home

As of April 2025

Welcome to the ultimate Mandalay Bay Waterfront Resort. This spectacular newer construction home features 3 bdrms, 3.5 ba, plus a large loft (can be a 4th bdrm), a spacious floor plan, private style resort style backyard, backed to Harbor 33ft private dock, exceptional upgrades, and details to perfection is an entertainer's dream. Enter this beautiful home through a custom aluminum pivot front door, which showcases the spacious living room with custom finishes throughout, a linear gas fireplace and custom windows. Throughout luxurious chef's kitchen with custom rift white oak cabinets, 12 ft stainless steel countertop island, quartz countertops, Thermador stainless steel appliances including a full size Thermador wine fridge, Scottmans ice maker, Subzero under counter fridge and entire house water filtration system. Living room and kitchen seamlessly leads to the main deck with a 20ft of open concept doors, 12x48 custom concrete paver system to entertain your guests. One bedroom on first floor. Access the upstairs on a custom rift white oak floating staircase, solar operated skylights over staircase are two additional bedrooms and the expansive loft. The grand Primary Suite features high ceilings, walk-in closet, & a soaking tub. Enjoy another entertaining area in the large loft (can be a bedroom), with custom cabinetry, Scottsman ice maker, Subzero under counter fridges that leads to a balcony(finished w/composite decking). Other features: central air & heater (rare for this area), aluminum standing seam roof, gutters & fascia, 316 stainless steel handrails & cable railing system, deck finished in composite decking, extensive smart home wiring with camera system, Sonos audio system, Lutron lighting controls, wood floors throughout, completely finished garage including floor and cabinetry. This LOW maintenance, amazing waterfront view home is located next to Channel Islands Harbor, gateway to the Channel Islands National Park, close to Palisades & halfway to Santa Barbara and Malibu. Mins to restaurants, beaches, parks, taverns, boutiques, yacht clubs and many more. NO HOA Fee & No Melo Roos. Can be sold furnished. Don't miss this opportunity to enjoy the serenity and call this home yours.

Last Agent to Sell the Property

Lynn H Yang

Compass License #01374040 Listed on: 01/21/2025

Compass

Last Buyer's Agent

Dean Schefrin

Sotheby's International Realty License #01960900

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Stucco Fence
  • Property is zoned RW1

Parking

  • 2 Car Direct Access Garage
  • Driveway

Property Views

  • Marina
  • City Lights
  • Canal

Home Design

  • Contemporary Architecture
  • Turnkey
  • Metal Roof

Interior Spaces

  • 3,144 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • Sliding Doors
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Pavers
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Property is near a canal
  • Boat Ramp
  • Private Dock
  • Balcony
  • Slab Porch or Patio

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Water Purifier
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 188-0-022-055

Home Details

Home Type

Single Family

Year Built

Built in 1981 | Remodeled

Lot Details

3,920 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 3144
  • Lot Acreage: 0.0900
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1981
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Turnkey
  • Fireplace Rooms: Living Room, Gas
  • Flooring: Carpet, Wood, Pavers, Tile
  • Appliances: Microwave, Oven, Range Hood, Range
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: In Kitchen, Kitchen Island, Living Room, Breakfast Counter / Bar
  • Kitchen Features: Remodeled, Island
  • Laundry: Garage, Inside
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Water Filter, Refrigerator, Range/Oven, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1033.72
  • Windows: Skylights, Double Pane Windows, Custom Window Covering

Exterior Features

  • Other Features: Balcony, Boat Ramp, Dock Private, Sliding Glass Doors
  • Other Structures: None
  • Tennis Court Y/N: No
  • Fence: Stucco Wall
  • Patio: Concrete Slab
  • Pool: No
  • Roof: Metal
  • Spa Yn: No
  • View: City Lights, Water, Canal, Marina
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage Is Attached, Garage - 2 Car, Driveway, Direct Entrance
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central
  • Sewer: In Street
  • Water: District, Meter on Property

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 188-0-022-055
  • Lot Location: Bay Front, Canal
  • Lot Size Area: 3920

Rental Info

  • Furnished: Furnished Or Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2025
Closed on
Apr 11, 2025
Sold by
Richard Mertz Revocable Trust and Mertz Richard
Bought by
Hunt
Seller's Agent
Lynn H Yang
Compass
Buyer's Agent
Dean Schefrin
Sotheby's International Realty
List Price
$3,250,000
Sold Price
$3,150,000
Premium/Discount to List
-$100,000
-3.08%
Views
96
Current Estimated Value
$2,955,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$194,335
Avg. Annual Appreciation
-7.30%
Original Mortgage
$2,520,000
Outstanding Balance
$2,509,050
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$446,615

Purchase Details

Listed on
May 10, 2014
Closed on
Aug 28, 2014
Sold by
Larkin Orly
Bought by
Larkin John
Seller's Agent
Patty McInnes
Scott-McInnes REALTORS
Buyer's Agent
Katrin Khalepari
Keller Williams Realty Calabasas
List Price
$995,000
Sold Price
$900,000
Premium/Discount to List
-$95,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%

Purchase Details

Closed on
May 3, 2014
Sold by
Larkin John
Bought by
Mertz Richard and The Richard Mertz Revocable Trust

Purchase Details

Closed on
Mar 10, 2003
Sold by
Larkin John E and Davis Susan Strong
Bought by
Davis Susan Strong and Larkin John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $3,150,000 Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $900,000 Chicago Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,520,000 New Conventional
Previous Owner $342,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2025 04/14/25 Sold $3,150,000 -3.1% $1,002 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
01/21/2025 01/21/25 For Sale $3,250,000 +261.1% $1,034 / Sq Ft
09/05/2014 09/05/14 Sold $900,000 -9.5% $316 / Sq Ft View Prior Sale
08/31/2014 08/31/14 Pending -- -- --
05/10/2014 05/10/14 For Sale $995,000 -- $349 / Sq Ft
Source: The MLS

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 $14,292 $1,126,339 $703,080 $423,259
2024 $14,292 $1,104,254 $689,294 $414,960
2023 $13,794 $1,082,602 $675,778 $406,824
2022 $13,398 $1,061,375 $662,527 $398,848
2021 $13,296 $1,040,564 $649,536 $391,028
2020 $13,532 $1,029,896 $642,877 $387,019
2019 $13,168 $1,009,703 $630,272 $379,431
2018 $12,993 $989,906 $617,914 $371,992
2017 $12,178 $955,098 $605,799 $349,299
2016 $11,506 $913,724 $593,921 $319,803
2015 $11,622 $900,000 $585,000 $315,000
2014 $10,026 $761,646 $333,811 $427,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-485861

The MLS

APN: 188-0-022-055

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