NOT LISTED FOR SALE

Estimated Value: $8,836,000 - $39,765,178

5 Beds
8 Baths
8,428 Sq Ft
$2,883/Sq Ft Est. Value

Last Sold July 23, 2018

Last sale price $25,000,000 $2,966 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $156,583/month

100 Days on Market

Highlights

  • Private Dock Site
  • Guarded Parking
  • Spa
  • Abraham Lincoln Elementary School Rated A
  • 24-Hour Security
  • Bay View

About This Home

As of July 2018

26 Harbor Island defines waterfront living on the Newport Harbor. Gated access to the island offers unparalleled privacy, making this location one of the most secure and desirable in all coastal Orange County. The home blends traditional styling, streaming natural light, and immersive harbor views, yielding a classic, nautical air. Five spacious bedrooms each feature their own full bath and walk-in closet; two well-appointed office suites likewise offer ample workspace. A massive chef's kitchen is perfectly suited to both casual dining and entertainment, with views directly to the waters of the bustling harbor. World-class shopping, dining, and entertainment are mere moments away. A spacious private dock which can accommodate up to a 120 foot yacht is configured to moor the world's most elite watercraft. All told, 26 Harbor Island presents a harbor front property unparalleled in the Newport Beach community. Thank you!

Last Agent to Sell the Property

Robert Taylor

Surterre Properties Inc. License #00554873 Listed on: 03/15/2018

Surterre Properties Inc.

Last Buyer's Agent

Katie Machoskie

Compass License #01380037

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $288,006

Year Built

  • Built in 2005

Lot Details

  • 10,080 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Lawn

HOA Fees

  • $1,200 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • 2 Attached Carport Spaces
  • Public Parking
  • Heated Garage
  • Parking Available
  • Front Facing Garage
  • Tandem Covered Parking
  • Garage Door Opener
  • Combination Of Materials Used In The Driveway
  • Driveway Level
  • Auto Driveway Gate
  • Uncovered Parking
  • Off-Street Parking
  • Unassigned Parking
  • Guarded Parking

Home Design

  • Traditional Architecture
  • Turnkey
  • Fire Rated Drywall
  • Fire Retardant Roof
  • Copper Plumbing

Interior Spaces

  • 8,428 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Formal Entry
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Bonus Room
  • Bay Views
  • Attic Fan

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Butlers Pantry
  • Convection Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • All Upper Level Bedrooms
  • Bidet
  • Dual Sinks
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Home Security

  • Alarm System
  • Security Lights
  • Intercom
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Private Dock Site
  • Stone Porch or Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

  • Harbor View Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Cooling System Powered By Gas
  • High Efficiency Air Conditioning
  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Heavy Electric
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Sewer Paid
  • Phone System

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 802
  • Assessor Parcel Number 05023025

Community Details

Overview

  • Harbor Island Association, Phone Number (949) 222-2222
  • Built by Hilton Builders

Security

  • 24-Hour Security
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$288,006

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,200 per month

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Card/Code Access, Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Rated Drywall, Gated Community, Gated with Guard, Guarded, Security Lights, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Harbor Island (HARI)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05023025
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8428.00 Square Feet
  • Interior Amenities: 2 Staircases, Attic Fan, Beamed Ceilings, Built-in Features, Copper Plumbing Full, Crown Molding, Elevator, Home Automation System, Intercom, Open Floorplan, Phone System, Recessed Lighting, Wired for Data, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room, Separated
  • Fireplace Features: Family Room, Library, Living Room, Master Retreat, Gas Starter, Great Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Price Per Square Foot: 2966.30
  • Room Type: All Bedrooms Up, Attic, Bonus Room, Den, Family Room, Formal Entry, Foyer, Great Room, Office
  • Spa Features: Private
  • Bathroom Features: Bathtub, Bidet, Double Sinks In Bath(s)
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Dock Private
  • View: Bay, Water
  • Builder Name: Hilton Builders
  • Patio And Porch Features: Patio, Stone
  • Pool Private: No
  • Roof: Fire Retardant
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 4.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Attached Carport, Direct Garage Access, Driveway, Driveway - Combination, Driveway Level, Garage Faces Front, Garage Door Opener, Gated, Guarded, Heated Garage, Off Street, On Site, Private, Public, Tandem Covered, Unassigned, Uncovered
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Disposal
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts in Laundry, Electricity - On Property, Heavy
  • Heating Type: Central, Zoned
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned, Gas, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Utilities, Sewer, Water, Dues Paid Monthly, Guard, Security
  • Association Fee: 1200.00
  • Association Fee Frequency: Monthly
  • Association Name: Harbor Island
  • Phone: 9492222222
  • Senior Community: No
  • Community Features: Gutters, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Harbor View
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Harbor View
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: HARVIE
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Lot 10000-19999 Sqft, Level, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size: 10080
  • Lot Size Sq Ft: 10080.00

Multi Family

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

Tax Info

  • Tax Lot: 26
  • Tax Tract: 802
  • Tax Tract Number: 802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
Jun 28, 2018
Sold by
Mcmahon John A
Bought by
Hayde Michael K and Khouri Laura A
Seller's Agent
Robert Taylor
Surterre Properties Inc.
Buyer's Agent
Katie Machoskie
Compass
List Price
$27,500,000
Sold Price
$25,000,000
Premium/Discount to List
-$2,500,000
-9.09%
Current Estimated Value
$24,300,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$699,411
Avg. Annual Appreciation
-4.74%
Original Mortgage
$14,000,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 7, 2016
Sold by
Mcmahon John A
Bought by
Mcmahon John A and The Mcmahon Family Trust

Purchase Details

Closed on
Sep 3, 1997
Sold by
Pfleger Harriet E Trust
Bought by
Mcmahon John A and Mcmahon Mary Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.42%

Purchase Details

Closed on
Jul 21, 1997
Sold by
Pfleger Harriet E Trust
Bought by
Mcmahon John A and Mcmahon Mary Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.42%

Purchase Details

Closed on
Jun 7, 1994
Sold by
Pfleger Thomas G and Edwards Linda Pfleger
Bought by
The Bank Of California and The Harriet E Pfleger Trust

Purchase Details

Closed on
May 10, 1994
Sold by
Wright Nancy E
Bought by
Pfleger Thomas G and Edwards Linda Pfleger
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
Hayde Michael K $25,000,000 First American Title Co
Mcmahon John A -- None Available
Mcmahon John A -- --
Mcmahon John A $3,970,000 Guardian Title
The Bank Of California -- --
Pfleger Thomas G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayde Michael K $14,000,000
Closed Hayde Michael K $14,000,000
Previous Owner Mcmahon John A $0
Previous Owner Mcmahon John A $1,015,000
Previous Owner Mcmahon John A $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2018 07/23/18 Sold $25,000,000 -9.1% $2,966 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $27,500,000 -- $3,263 / 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 $288,006 $27,887,976 $24,377,769 $3,510,207
2024 $288,006 $27,341,153 $23,899,773 $3,441,380
2023 $281,304 $26,805,052 $23,431,150 $3,373,902
2022 $276,692 $26,279,463 $22,971,715 $3,307,748
2021 $271,363 $25,764,180 $22,521,289 $3,242,891
2020 $268,763 $25,500,000 $22,290,360 $3,209,640
2019 $263,131 $25,000,000 $21,853,294 $3,146,706
2018 $77,421 $7,340,644 $5,107,849 $2,232,795
2017 $76,120 $7,196,710 $5,007,695 $2,189,015
2016 $74,400 $7,055,599 $4,909,505 $2,146,094
2015 $73,707 $6,949,618 $4,835,760 $2,113,858
2014 $71,967 $6,813,485 $4,741,034 $2,072,451
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18060528

California Regional Multiple Listing Service (CRMLS)

APN: 050-230-25