NOT LISTED FOR SALE

Estimated Value: $7,166,000 - $49,390,948

4 Beds
8 Baths
10,000 Sq Ft
$2,828/Sq Ft Est. Value

Last Sold July 24, 2018

Last sale price $32,000,000 $3,200 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $184,340/month

248 Days on Market

Highlights

  • White Water Ocean Views
  • In Ground Pool
  • 41,800 Sq Ft lot
  • El Morro Elementary School Rated A+
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of July 2018

"Rockledge-By-The-Sea" is one of the most extraordinary oceanfront properties in Laguna Beach. Nearly an acre in size, the site includes 190' of ocean frontage, a scenic private access cove and beach, and extraordinary seaside gardens with a rolling lawn, pool and spa. After undergoing a two-year transformation, the newly expanded and reconstructed 10,000 square foot residence is complete. Light and bright, the contemporary architecture is designed to capture ocean and sunset views from every main room. The new master suite is nearly 3,000 square feet and occupies an entire floor with a private office, gym, spa and private sea view terraces. The main level was opened to create capacious living and entertaining areas – with astonishing views of the coastline. The family room opens through retractable doors to a sizable terrace with outdoor dining area set just above the cove. The finely detailed Bulthaup kitchen is complemented by a fully outfitted second ‘caterer’s’ kitchen. The lowest level includes three ocean view guest suites and an entertaining room. New amenities include a commercial 8-person elevator, a private double-gated north/south entry drive, and wine display room. This unique oceanfront property is sublime in every measure.

Last Agent to Sell the Property

Robert Giem

Plus Real Estate License #01082750 Listed on: 10/27/2017

Last Buyer's Agent

Roderic Daley

Coldwell Banker Realty License #00456990

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $354,147

Year Built

  • Built in 2017

Lot Details

  • 0.96 Acre Lot
  • Private Yard
  • Back Yard

Parking

  • 3 Car Attached Garage
  • 13 Open Parking Spaces

Property Views

  • White Water Ocean
  • Coastline
  • Catalina

Interior Spaces

  • 10,000 Sq Ft Home
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Home Gym

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • In Ground Pool
  • Spa
  • Waterfall Pool Feature

Additional Features

  • Rain Gutters
  • Central Air

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 678
  • Assessor Parcel Number 65611419

Home Details

Home Type

Single Family

Est. Annual Taxes

$354,147

Year Built

Built in 2017

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Other Phone Description: 949.933.7046
  • Property Attached: No
  • Subdivision Name Other: Victoria Beach (VB)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 65611419
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 10000.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Price Per Square Foot: 3200.00
  • Room Type: Entry, Exercise Room, Family Room, Foyer, Great Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Private

Exterior Features

  • View: Catalina, Coastline, Ocean, Water, White Water
  • Pool Features: Private, In Ground, Waterfall
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 16.00
  • Uncovered Spaces: 13.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot Over 40000 Sqft, Yard
  • Lot Size Sq Ft: 41800.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.20
  • Tax Lot: 7
  • Tax Tract Number: 678

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2021
Sold by
Gross Amy Michelle Schwartz
Bought by
Rockledge Investment Holdings Llc
Current Estimated Value
$28,278,474

Purchase Details

Closed on
Aug 13, 2021
Sold by
Gross William H
Bought by
Gross Amy Michelle Schwartz

Purchase Details

Closed on
Jan 22, 2021
Sold by
Gross William H
Bought by
Schwartz Amy

Purchase Details

Closed on
Jan 7, 2020
Sold by
Gross William H
Bought by
Schwartz Amy

Purchase Details

Closed on
Nov 5, 2019
Sold by
Gross William H
Bought by
Gross William H and Schwartz Amy

Purchase Details

Listed on
Oct 27, 2017
Closed on
Jul 18, 2018
Sold by
2475 Sch Llc
Bought by
Gross William H
Seller's Agent
Robert Giem
Plus Real Estate
Buyer's Agent
Roderic Daley
Coldwell Banker Realty
List Price
$37,500,000
Sold Price
$32,000,000
Premium/Discount to List
-$5,500,000
-14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.08%

Purchase Details

Listed on
Jul 11, 2014
Closed on
Oct 29, 2015
Sold by
Siegel Fred E
Bought by
2475 Sch Llc
Seller's Agent
Sylvia Tino
Estrada Properties
Buyer's Agent
Robert Giem
Plus Real Estate
List Price
$19,950,000
Sold Price
$17,500,000
Premium/Discount to List
-$2,450,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.26%
Original Mortgage
$8,500,000
Interest Rate
3.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 13, 1999
Sold by
Siegel Fred E
Bought by
Siegel Fred E

Purchase Details

Closed on
Apr 26, 1996
Sold by
Brkic Vladimir
Bought by
Siegel Fred E and The Siegel Living Trust
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Rockledge Investment Holdings Llc -- First American Title
Gross Amy Michelle Schwartz -- None Available
Gross Amy Michelle Schwartz -- None Available
Schwartz Amy -- Accommodation
Schwartz Amy -- Accommodation
Gross William H -- Accommodation
Gross William H $32,000,000 First American Title Co
2475 Sch Llc $17,500,000 First American Title Company
Siegel Fred E -- Chicago Title Co
Siegel Fred E -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2475 Sch Llc $2,800,000
Previous Owner 2475 Sch Llc $1,600,000
Previous Owner 2475 Sch Llc $1,000,000
Previous Owner 2475 Sch Llc $8,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2018 07/24/18 Sold $32,000,000 -14.7% $3,200 / Sq Ft
10/27/2017 10/27/17 For Sale $37,500,000 +114.3% $3,750 / Sq Ft
11/20/2015 11/20/15 Sold $17,500,000 0.0% $1,750 / Sq Ft
05/21/2015 05/21/15 Off Market $17,500,000 -- --
07/11/2014 07/11/14 For Sale $19,950,000 0.0% $1,995 / Sq Ft
07/04/2014 07/04/14 Pending -- -- --
04/09/2014 04/09/14 Price Changed $19,950,000 -8.9% $1,995 / Sq Ft
01/09/2014 01/09/14 For Sale $21,900,000 -- $2,190 / 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 $354,147 $35,463,297 $32,231,417 $3,231,880
2024 $354,147 $34,767,939 $31,599,429 $3,168,510
2023 $346,328 $34,086,215 $30,979,832 $3,106,383
2022 $339,772 $33,417,858 $30,372,384 $3,045,474
2021 $333,134 $32,762,606 $29,776,847 $2,985,759
2020 $329,704 $32,426,666 $29,471,522 $2,955,144
2019 $326,149 $32,000,000 $29,083,739 $2,916,261
2018 $187,464 $18,351,855 $15,423,716 $2,928,139
2017 $182,328 $17,850,000 $15,121,290 $2,728,710
2016 $178,883 $17,500,000 $14,824,794 $2,675,206
2015 $92,253 $8,984,809 $6,833,555 $2,151,254
2014 $90,491 $8,808,809 $6,699,695 $2,109,114
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17245593

California Regional Multiple Listing Service (CRMLS)

APN: 656-114-19