$4,500,000
SOLD APR 11, 2018
5 Beds
4.5 Baths
5,121 Sq Ft
0.5 Acres

Recently Sold

$879 Per Sq Ft

10% Below List Price

44 Days on Market

Highlights

  • Art Studio
  • 24-Hour Security
  • Primary Bedroom Suite
  • Bonita Canyon Elementary Rated 9+
  • Heated Spa
  • Automatic Gate

About This Home

As of June 2025

Shady Canyon Tuscan Custom Estate - Features single-story amenities with master suite downstairs along with almost all rooms down. Authentic Italian farmhouse-inspired home. Tuscan villa with the modern-day amenities and luxuries of prestigious Shady Canyon. Private courtyard entry, gated driveway area, amazing formal living room with cascading ceilings along with custom built-ins, custom wood flooring, custom paint and murals, huge family room with dramatic fireplace, imported real wood beams, gourmet kitchen with gigantic island, built-in refrigerators, chef's stove, private office with custom wood work located on first floor overlooks private courtyard, two more ensuite bedrooms located on first floor, first floor master with dramatic fireplace, incredible master bath with claw tub, multiple walk-in closets, artist room located upstairs, private bedroom suite upstairs with own entrance and large covered balcony area, huge covered patio outside for dining, very private yard with faux grass area along with 10 person spa with waterfall, covered outdoor entertainment area with fireplace, vintage European materials make this home amazing. This homes attention detail makes it an absolute showpiece.

Last Agent to Sell the Property

Patrick Knapp

Realty Source, Inc License #01017659 Listed on: 01/29/2018

Last Buyer's Agent

Patrick Knapp

Realty Source, Inc License #01017659 Listed on: 01/29/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,184

Year Built

  • Built in 2007

Lot Details

  • 0.5 Acre Lot
  • Cul-De-Sac
  • Rural Setting
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Density is up to 1 Unit/Acre

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Automatic Gate

Property Views

  • Valley
  • Neighborhood

Home Design

  • Custom Home
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Interior Block Wall
  • Spanish Tile Roof
  • Clay Roof
  • Plaster
  • Stucco

Interior Spaces

  • 5,121 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Insulated Windows
  • Drapes & Rods
  • French Mullion Window
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Art Studio
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Stone Bathroom Countertops
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Closet In Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Entry Slope Less Than 1 Foot

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Deck
  • Fireplace in Patio
  • Open Patio

Schools

  • Alderwood Elementary School
  • University High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts For Spa
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 16436
  • Assessor Parcel Number 48114224

Community Details

Overview

  • Shady Canyon Association
  • Shady Canyon Custom Subdivision
  • Valley

Additional Features

  • Clubhouse
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,184

Year Built

Built in 2007

Lot Details

0

HOA Fees

$550 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Guarded, Smoke Detector(s)
  • Subdivision Name Other: Shady Canyon Custom (SHDC)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 48114224
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5121.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Block Walls, Cathedral Ceiling(s), Crown Molding, High Ceilings
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: Entry Slope Less Than 1 Foot
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Nook, In Kitchen
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Patio
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 878.73
  • Room Type: Art Studio, Family Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Spa Features: Heated, In Ground, Private
  • Window Features: Drapes, French/Mullioned, Insulated Windows
  • Bathroom Features: Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Soaking Tub, Stone Counters
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood, Valley
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Deck, Patio, Patio Open
  • Pool Private: No
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Paved, Garage, Gated
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Disposal, Gas Oven, Microwave, Refrigerator
  • Electric: 220 Volts For Spa, 220 Volts in Laundry
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse
  • Association Fee: 550.00
  • Association Fee Frequency: Monthly
  • Association Name: Shady Canyon
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Rural, Valley

Schools

  • School District: Irvine Unified
  • Elementary School: Alderwood
  • High School: University
  • Elementary School: Alderwood
  • High School: University
  • Elementary School #2: ALDERW
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 21780.00
  • Lot Size Acres: 0.5000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21780.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 16436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2025
Closed on
Jun 22, 2025
Sold by
Li Chu Living Trust and Chu Li
Bought by
Yuen Chun Cheung and Chen Meiling
Seller's Agent
Jacqueline Thompson
Coldwell Banker Realty
Buyer's Agent
Jaime Liu
Keller Williams Realty Irvine
List Price
$7,960,000
Sold Price
$6,500,000
Premium/Discount to List
-$1,460,000
-18.34%
Views
166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
798.57%

Purchase Details

Listed on
Jan 29, 2018
Closed on
Apr 19, 2018
Sold by
Chu Li
Bought by
Chu Li and The Li Chu Living Trust
Seller's Agent
Patrick Knapp
Realty Source, Inc
Buyer's Agent
Patrick Knapp
Realty Source, Inc
List Price
$4,999,000
Sold Price
$4,500,000
Premium/Discount to List
-$499,000
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%

Purchase Details

Listed on
Jan 29, 2018
Closed on
Mar 15, 2018
Sold by
Testa Michael J and Testa Deborah L
Bought by
Chu Li
Seller's Agent
Patrick Knapp
Realty Source, Inc
Buyer's Agent
Patrick Knapp
Realty Source, Inc
List Price
$4,999,000
Sold Price
$4,500,000
Premium/Discount to List
-$499,000
-9.98%

Purchase Details

Closed on
Apr 19, 2004
Sold by
Irvine Community Development Co Llc
Bought by
Testa Michael J and Testa Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.57%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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 $6,500,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $4,500,000 Usa National Title
Corporate Deed -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Credit Line Revolving
Previous Owner $2,550,000 Unknown
Previous Owner $2,000,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $6,500,000 -9.6% $1,176 / Sq Ft
06/14/2025 06/14/25 Pending -- -- --
05/27/2025 05/27/25 Price Changed $7,188,000 -9.7% $1,301 / Sq Ft
03/21/2025 03/21/25 For Sale $7,960,000 +76.9% $1,440 / Sq Ft
04/11/2018 04/11/18 Sold $4,500,000 -5.3% $879 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
02/28/2018 02/28/18 Price Changed $4,750,000 -5.0% $928 / Sq Ft
01/29/2018 01/29/18 For Sale $4,999,000 -- $976 / 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
2024 $61,184 $5,156,365 $2,982,469 $2,173,896
2023 $60,034 $5,055,260 $2,923,989 $2,131,271
2022 $57,613 $4,824,909 $2,866,656 $1,958,253
2021 $56,722 $4,730,303 $2,810,447 $1,919,856
2020 $56,184 $4,681,800 $2,781,629 $1,900,171
2019 $55,231 $4,590,000 $2,727,087 $1,862,913
2018 $43,566 $3,466,716 $1,434,279 $2,032,437
2017 $42,817 $3,398,742 $1,406,156 $1,992,586
2016 $42,091 $3,332,100 $1,378,584 $1,953,516
2015 $41,502 $3,282,049 $1,357,876 $1,924,173
2014 $41,520 $3,217,759 $1,331,277 $1,886,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18021185

California Regional Multiple Listing Service (CRMLS)

APN: 481-142-24