NOT LISTED FOR SALE

25 Montage Way Laguna Beach, CA 92651

Estimated Value: $6,921,000 - $17,893,533

6 Beds
8 Baths
8,315 Sq Ft
$1,492/Sq Ft Est. Value

Last Sold December 03, 2018

Last sale price $17,500,000 $2,105 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $83,109/month

1,437 Days on Market

Highlights

  • Concierge
  • White Water Ocean Views
  • Wine Cellar
  • El Morro Elementary School Rated A+
  • Beach Access
  • Home Theater

About This Home

As of December 2018

Situated on a private parcel at one of the world's most prestigious resorts, this newly constructed custom estate heightens every experience making life truly extraordinary. Spanning Pacific Ocean & Catalina Island views set the backdrop for every luxe detail in this 8,300+ square foot masterpiece, which was expertly designed by architect Chris Light to take full advantage of the residence’s close coastal proximity. A glass bridge invites you to this meticulously considered floor plan boasting a Great Room, formal dining room & master suite on the upper living level. Traversing to the lower level reveals grand living spaces encompassing a state-of-the-art game room, full theater room, stately library, wine cellar and tasting room & exercise room. This elevator-serviced residence is defined by zero-transition indoor & outdoor living spaces that surround the property, enticing you to indulge in the loggia, patio or courtyard as you take in color-soaked sunsets over the coast. The perfectly manicured exterior offers luscious landscaping and tranquil fountains to create the ultimate in grand-scale entertaining. This resort-style estate offers coveted access to all luxurious amenities of the resort including personal concierge services, spa & private dining.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 11/24/2014

Coldwell Banker Realty

Last Buyer's Agent

John McMonigle

Agentinc License #01123869

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $197,260

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 0.31 Acre Lot
  • Landscaped
  • Secluded Lot

HOA Fees

  • $1,600 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Custom Home
  • Turnkey

Interior Spaces

  • 8,315 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Theater
  • Library with Fireplace
  • Home Gym
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Beach Access
  • Ocean Side of Highway 1
  • Patio
  • Lanai
  • Wrap Around Porch

Additional Features

  • Accessible Elevator Installed
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 65
  • Tax Tract Number 4113
  • Assessor Parcel Number 65644113

Community Details

Overview

  • Built by Dugally Oberfeld
  • Custom

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Concierge
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$197,260

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

HOA Fees

$1,600 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Resident Manager, Smoke Detector(s)
  • Subdivision Name Other: Montage Ocean Estates (MNOE)
  • View: Yes
  • Architectural Style: Custom Built
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 65644113
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8315.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Wired for Data, Elevator, High Ceilings, Living Room Deck Attached, Open Floorplan, Wired for Sound, Wet Bar
  • Stories: 2
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Library, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 2104.63
  • Room Type: Formal Entry, Great Room, Exercise Room, Library, Media Room, Main Floor Bedroom, Master Suite, Walk-In Closet, Home Theatre, Wine Cellar
  • Spa Features: In Ground, Private
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean, Panoramic, Water, White Water
  • Builder Name: Dugally Oberfeld
  • Patio And Porch Features: Deck, Lanai, Wrap Around
  • Pool Features: Filtered, Heated, In Ground, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Garage, Private
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Gas Range, Gas Cooktop, Range Hood, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Concierge, Management
  • Association Fee: 1600.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lot 10000-19999 Sqft, Secluded
  • Lot Size Sq Ft: 13552.00
  • Price Per Lot Square Foot: 2065.75
  • Lot Size Acres: 0.3110

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13552.0000 Square Feet
  • Number Of Units In Community: 1
  • Waterfront Features: Beach Access, Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • Tax Lot: 65
  • Tax Tract Number: 4113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2014
Closed on
Nov 9, 2018
Sold by
Montage Estates Llc
Bought by
Greenberg Kunik Fred V and Greenberg Kunik Susan
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
John McMonigle
Agentinc
List Price
$29,995,000
Sold Price
$17,500,000
Premium/Discount to List
-$12,495,000
-41.66%
Current Estimated Value
$12,407,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,092,733
Avg. Annual Appreciation
-4.86%

Purchase Details

Closed on
May 2, 2012
Sold by
Mellor James R and Mellor Suzanne S
Bought by
Montage Estates Llc

Purchase Details

Closed on
Oct 29, 2009
Sold by
Jania Properties Limited
Bought by
Mellor James R and Mellor Suzanne S

Purchase Details

Closed on
Sep 14, 2004
Sold by
Laguna Beach Resorts Llc
Bought by
Janla Properties Ltd
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
Greenberg Kunik Fred V $17,500,000 Fidelity National Title
Montage Estates Llc -- Chicago Title Company
Mellor James R $8,250,000 Chicago Title Company
Janla Properties Limited -- Chicago Title Company
Janla Properties Ltd -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2018 12/03/18 Sold $17,500,000 -23.9% $2,105 / Sq Ft
04/27/2018 04/27/18 Price Changed $22,995,000 -4.2% $2,765 / Sq Ft
01/09/2018 01/09/18 Price Changed $23,995,000 0.0% $2,886 / Sq Ft
09/20/2017 09/20/17 Rented $125,000 0.0% --
09/20/2017 09/20/17 Under Contract -- -- --
09/20/2017 09/20/17 For Rent $125,000 0.0% --
09/11/2017 09/11/17 Price Changed $25,495,000 -1.9% $3,066 / Sq Ft
03/30/2017 03/30/17 Price Changed $25,995,000 -3.7% $3,126 / Sq Ft
12/08/2016 12/08/16 Price Changed $26,995,000 -3.6% $3,247 / Sq Ft
02/24/2016 02/24/16 Price Changed $27,995,000 -2.6% $3,367 / Sq Ft
08/03/2015 08/03/15 Price Changed $28,750,000 -4.2% $3,458 / Sq Ft
11/24/2014 11/24/14 For Sale $29,995,000 -- $3,607 / 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 $197,260 $19,521,582 $16,289,650 $3,231,932
2024 $197,260 $19,138,806 $15,970,245 $3,168,561
2023 $192,544 $18,763,536 $15,657,103 $3,106,433
2022 $189,248 $18,395,624 $15,350,101 $3,045,523
2021 $185,308 $18,034,926 $15,049,119 $2,985,807
2020 $183,241 $17,850,000 $14,894,808 $2,955,192
2019 $179,720 $17,500,000 $14,602,752 $2,897,248
2018 $122,520 $11,843,531 $9,175,806 $2,667,725
2017 $119,894 $11,611,305 $8,995,888 $2,615,417
2016 $116,263 $11,383,633 $8,819,498 $2,564,135
2015 $113,445 $10,960,076 $8,687,021 $2,273,055
2014 $94,485 $9,118,089 $8,516,855 $601,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14248331

California Regional Multiple Listing Service (CRMLS)

APN: 656-441-13