NOT LISTED FOR SALE

2570 Park Ave Laguna Beach, CA 92651

Estimated Value: $6,636,000 - $8,101,000

5 Beds
5 Baths
4,000 Sq Ft
$1,850/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $5,000,000 $1,250 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $43,205/month

Highlights

  • Ocean View
  • Heated Infinity Pool
  • Open Floorplan
  • Top Of The World Elementary School Rated A
  • New Construction
  • 1-minute walk to Ken Frank View Park

About This Home

As of June 2020

This architecturally designed contemporary masterpiece in Laguna Beach’s Park Avenue Estates showcases panoramic ocean, canyon, and coastline views and sets a new standard for modern luxury living. Gracing a prime 17,444 s.f. lot, the 4 bd + 4 bth, 3,373 s.f. main house + 1 bed/1 bath, 639 s.f. guest/legal 2nd unit feature the finest finishes and walls of bi-fold, floor-to-ceiling Fleetwood doors throughout to capture the breathtaking views. A chef-grade kitchen features bespoke cabinetry, quartz counters and stainless-steel appliances, along with a glass-enclosed, temperature-controlled wine cellar for 456 bottles of your favorite vintages. The master suite features breathtaking sit-down views, a sublime spa bathroom and walk-in closet. Bedrooms feature ensuite baths and floor-to-ceiling, wall-to-wall sliding glass doors for unparalleled views. The guest/legal 2nd unit is positioned in the most private location of the property, welcoming guests to a peaceful stay. Opening almost completely to the outdoors, the home lets you move effortlessly from the interiors to the grounds, with modern landscaping, numerous patios, infinity pool with dramatic water features + spa. 3 oversized garage bays w/storage + long private driveway.

Last Agent to Sell the Property

John Cain

Pacific Sotheby's Int'l Realty License #01467294 Listed on: 05/26/2020

Pacific Sotheby's Int'l Realty

Co-Listed By

Stephanie Percy

Pacific Sotheby's Int'l Realty License #02084523

Last Buyer's Agent

John Cain

Pacific Sotheby's Int'l Realty License #01467294 Listed on: 05/26/2020

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,182

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.4 Acre Lot
  • Wrought Iron Fence
  • Landscaped
  • Gentle Sloping Lot
  • Sprinkler System
  • Lawn
  • Garden
  • Property is zoned Single Family Residential

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Single Garage Door

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Canyon

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Membrane Roofing
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 4,000 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Recessed Lighting
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • Living Room Balcony
  • Formal Dining Room
  • Storage
  • Stone Flooring
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Alarm System
  • Fire and Smoke Detector

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Pool

  • Heated Infinity Pool
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Exterior Lighting

Schools

  • Top Of The World Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Ducts Professionally Air-Sealed
  • Central Heating and Cooling System
  • Underground Utilities
  • Phone Available
  • Phone System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 10044
  • Assessor Parcel Number 64145102

Community Details

Overview

  • No Home Owners Association
  • Built by Rezidential Development Inc.

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,182

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Number: 206.962.1620
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Park Avenue Estates (PKE)
  • View: Yes
  • Zoning: Single Family Residential
  • Architectural Style: Contemporary, Modern
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64145102
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 4000.00 Square Feet
  • Interior Amenities: Living Room Balcony, Open Floorplan, Pantry, Phone System, Recessed Lighting, Stone Counters, Storage, Wired for Data, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 5
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Separated
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1250.00
  • Room Type: Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Master Bedroom
  • Spa Features: Private, In Ground
  • Window Features: ENERGY STAR Qualified Windows
  • Bathroom Features: Shower, Double Sinks In Master Bath, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Self-Closing Cabinet Doors, Self-Closing Drawers
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • View: Canyon, City Lights, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Wrought Iron
  • Builder Name: Rezidential Development Inc.
  • Patio And Porch Features: Patio Open
  • Pool Features: Private, Heated, In Ground, Infinity
  • Pool Private: Yes
  • Roof: Membrane
  • Spa: Yes
  • Construction Materials: Concrete, Ducts Professionally Air-Sealed, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Microwave
  • Heating Type: Central, ENERGY STAR Qualified Equipment, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Laguna Beach Unified
  • Elementary School: Top Of The World
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: Top Of The World
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: TOTW
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Gentle Sloping, Landscaped, Lawn, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size: 17,449
  • Lot Size Sq Ft: 17450.00
  • Lot Size Acres: 0.4006

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17450.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 626.32
  • Tax Lot: 2
  • Tax Tract Number: 10044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Jun 25, 2020
Sold by
Primevere Llc
Bought by
Choi S
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
John Cain
Pacific Sotheby's Int'l Realty
List Price
$5,500,000
Sold Price
$5,000,000
Premium/Discount to List
-$500,000
-9.09%
Current Estimated Value
$7,035,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,035,882
Avg. Annual Appreciation
6.75%

Purchase Details

Listed on
Feb 13, 2013
Closed on
Mar 21, 2013
Sold by
Bennett William H and Bennett Mary Ann
Bought by
Primevere Llc
Seller's Agent
Lara Langford
Surterre Properties Inc.
Buyer's Agent
Farah Modarres
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List Price
$892,000
Sold Price
$858,500
Premium/Discount to List
-$33,500
-3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.08%
Original Mortgage
$648,000
Interest Rate
3.5%
Mortgage Type
Seller Take Back
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
Choi S $5,000,000 Ticor Title
Primevere Llc $858,500 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Primevere Llc $648,000
Previous Owner Bennett William H $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $5,000,000 -9.1% $1,250 / Sq Ft
05/26/2020 05/26/20 For Sale $5,500,000 +540.7% $1,375 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
05/14/2013 05/14/13 Sold $858,500 -3.8% --
03/18/2013 03/18/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $892,000 -- --
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
2025 $56,182 $5,468,229 $3,363,564 $2,104,665
2024 $56,182 $5,361,009 $3,297,611 $2,063,398
2023 $55,349 $5,255,892 $3,232,952 $2,022,940
2022 $54,209 $5,152,836 $3,169,561 $1,983,275
2021 $53,072 $5,051,800 $3,107,412 $1,944,388
2020 $25,238 $2,318,850 $966,655 $1,352,195
2019 $13,439 $1,268,676 $947,701 $320,975
2018 $10,786 $1,009,362 $929,119 $80,243
2017 $9,756 $910,901 $910,901 $0
2016 $9,984 $893,041 $893,041 $0
2015 $9,770 $879,627 $879,627 $0
2014 $9,214 $862,397 $862,397 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20078762

California Regional Multiple Listing Service (CRMLS)

APN: 641-451-02