NOT LISTED FOR SALE

Estimated Value: $7,248,000 - $14,323,372

5 Beds
7 Baths
7,000 Sq Ft
$1,412/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $6,890,000 $984 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $63,734/month

23 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • Wine Cellar
  • Newport Coast Elementary School Rated A
  • Guarded Parking
  • 4-minute walk to Vista Ridge View Park

About This Home

As of February 2017

A Stunning Italian estate perched on the hilltop of one the most prestigious communities in Newport Coast. This exquisite 7,000 sq ft custom home, with 13,000 sq ft lot is surrounded by splendid views of the Pacific Ocean, Catalina Island, Newport Harbor and city lights. Coming home means transporting yourself to a Tuscan villa, fitted with custom iron gates and a handmade 10ft. mahogany double-door entrance that opens to a soaring foyer that features a grand staircase and hand-painted coffered ceiling. This state-of-the-art Crestron System Smart Home has 5 bedrooms, 5 full baths, 2 half baths. This home boasts 3 master suites, each with a private entrance. The formal library has an open courtyard view which compliments the elegant mahogany and Capri marble cabinet inserts. The Chef's dream gourmet kitchen with a grand 18½ ft marble island that comfortably accommodates large parties. Other unique features of this home include an open and flexible floor plan, with views from almost all rooms, a large gym/5th bedroom, a smart home theater/6th bedroom, 900-bottle wine room and 2 elevators (one accessible inside and one out). Enjoy living the luxurious Newport Coast lifestyle while being seconds from Fashion Island shopping and fine dining, Pelican Hill Golf Resort, and Crystal Cove State Beach. 15 Minutes from University of California, Irvine (UCI) or John Wayne Airport (SNA) and just 45 minutes from Los Angeles International Airport (LAX).

Last Agent to Sell the Property

Ann Ngo

Coastal Investments License #01122326 Listed on: 01/23/2017

Last Buyer's Agent

Katrina Smith

Pinpoint Properties License #01740623

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $111,144

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 0.3 Acre Lot
  • Northwest Facing Home
  • Glass Fence
  • Fence is in excellent condition
  • Landscaped
  • Paved or Partially Paved Lot
  • Front and Back Yard Sprinklers
  • Garden
  • Back and Front Yard
  • On-Hand Building Permits

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • Guarded Parking

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Canyon
  • Hills

Home Design

  • Custom Home
  • Spanish Architecture
  • Mediterranean Architecture
  • Turnkey
  • Permanent Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Tile Roof
  • Rolled or Hot Mop Roof
  • Pre-Cast Concrete Construction
  • Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 7,000 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Coffered Ceiling
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Raised Hearth
  • Electric Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Tinted Windows
  • Custom Window Coverings
  • Roller Shields
  • Window Screens
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Panel Doors
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Atrium Room
  • Storage
  • Utility Room
  • Sauna
  • Home Gym
  • Stone Flooring
  • Attic Fan

Kitchen

  • Kitchenette
  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Indoor Grill
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors
  • Maid or Guest Quarters
  • Spa Bath

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Garage
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Home Security

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

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 48 inches wide or more
  • Customized Wheelchair Accessible
  • Accessible Parking

Pool

  • Pebble Pool Finish
  • Filtered Pool
  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Above Ground Spa
  • Gunite Spa
  • Waterfall Pool Feature
  • Permits For Spa
  • Permits for Pool

Outdoor Features

  • Living Room Balcony
  • Deck
  • Covered Patio or Porch
  • Terrace
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near a park
  • Suburban Location

Schools

  • Newport Coast Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Ducts Professionally Air-Sealed
  • High Efficiency Air Conditioning
  • SEER Rated 16+ Air Conditioning Units
  • Whole House Fan
  • Forced Air Zoned Heating and Cooling System
  • High Efficiency Heating System
  • Underground Utilities
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Private Water Source
  • Tankless Water Heater
  • Hot Water Circulator
  • Water Purifier
  • Water Softener
  • Sewer Paid
  • Satellite Dish
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment
  • Attached Guest House

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 15079
  • Assessor Parcel Number 47814105

Community Details

Overview

  • Ocean Heights Maintenance Association, Phone Number (800) 428-5588
  • Newport Coast Community Assocciation (Necoa) Association, Phone Number (949) 464-1149

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Meeting Room
  • Recreation Room
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • 24-Hour Security
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$111,144

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

HOA Fees

$598 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: see attached supplemental
  • Other Phone Description: 949-632-7205
  • Other Phone Number: 949-632-7205
  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • Security: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Sprinkler System, Firewall(s), Gated Community, Gated with Guard, Guarded, Security Lights, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Perazul (PERZ)
  • View: Yes
  • Architectural Style: Custom Built, Mediterranean, Spanish
  • New Construction: Yes
  • Property Condition: Building Permit, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47814105
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7000.00 Square Feet
  • Interior Amenities: 2 Staircases, Attic Fan, Balcony, Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Coffered Ceiling(s), Copper Plumbing Full, Crown Molding, Elevator, High Ceilings, Home Automation System, Intercom, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Two Story Ceilings, Vacuum Central, Wet Bar, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Accessibility Features: 48 Inch Or More Wide Halls, Accessible Elevator Installed, Parking, Customized Wheelchair Accessible
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors, Mirror Closet Door(s), Panel Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Electric, Gas, Gas Starter, Raised Hearth
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 984.29
  • Room Type: Atrium, Den, Entry, Exercise Room, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Home Theatre, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Sauna, Separate Family Room, Two Masters, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Above Ground, Bath, Gunite, Heated, In Ground, Permits, Private
  • Window Features: Custom Covering, Double Pane Windows, Drapes, ENERGY STAR Qualified Windows, Roller Shields, Screens, Skylight(s), Tinted Windows
  • Room Kitchen Features: Kitchen Island, Kitchenette, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • Foundation: Permanent, Slab
  • Other Structures: Guest House, Guest House Attached, Sauna Private
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters, Satellite Dish
  • View: Canyon, Catalina, City Lights, Coastline, Harbor, Hills, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Excellent Condition, Glass
  • Patio And Porch Features: Covered, Deck, Patio, Stone, Terrace
  • Pool Features: Private, In Ground, Lap, Waterfall, Filtered, Heated, Gas Heat, Pebble, Permits
  • Pool Private: Yes
  • Roof: Rolled/Hot Mop, Tile
  • Spa: Yes
  • Construction Materials: Block, Concrete, Drywall Walls, Ducts Professionally Air-Sealed, Frame, Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Built-In Storage, Driveway, Paved, Garage, Direct Garage Access, Garage Faces Front, Garage - Two Door, Garage Door Opener, Gated, Guarded, Oversized, Private, Side by Side
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Indoor Grill, High Efficiency Water Heater, Hot Water Circulator, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Water Line to Refrigerator, Water Purifier, Water Softener
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Zoned, Forced Air, High Efficiency, Fireplace(s)
  • Laundry Features: Common Area, Dryer Included, Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Individual Room, Inside, Upper Level, Stackable, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Private
  • Cooling: Central Air, Zoned, Whole House Fan, Energy Star Qualified Equipment, High Efficiency, Seer Rated 16+
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Newport Coast Community Assocciation (NECOA)
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Biking Trails, Hiking Trails, Clubhouse, Banquet Facilities, Recreation Room, Meeting Room, Guard, Security, Controlled Access
  • Association Fee: 255.00
  • Association #2 Fee: 343.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Heights Maintenance Association
  • Phone: 800-428-5588
  • Association Phone #2: 949-464-1149
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Coast
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Newport Coast
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: NEWCOA
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lot 10000-19999 Sqft, Park Nearby, Paved, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 13000.00

Multi Family

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

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 35
  • Tax Tract Number: 15079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2021
Sold by
Phan Quoc Dai
Bought by
Nguyen Diep L
Current Estimated Value
$9,887,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,638,401
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$5,396,335

Purchase Details

Closed on
Nov 12, 2021
Sold by
Ocean Heights Llc
Bought by
Nguyen Diep L and The Diep L Nguyen Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,638,401
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$5,396,335

Purchase Details

Listed on
Jan 23, 2017
Closed on
Feb 16, 2017
Sold by
Sarver Michael L and Quick Margaret A
Bought by
Ocean Heights Llc
Seller's Agent
Ann Ngo
Coastal Investments
Buyer's Agent
Katrina Smith
Pinpoint Properties
List Price
$7,250,000
Sold Price
$6,890,000
Premium/Discount to List
-$360,000
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%

Purchase Details

Closed on
Jul 16, 1999
Sold by
Taylor Woodrow Homes Inc
Bought by
Sarver Michael L and Quick Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,564,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

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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
Nguyen Diep L -- California Title Company
Nguyen Diep L -- California Title Company
Nguyen Diep L $9,900,000 California Title Company
Ocean Heights Llc $6,890,000 Lawyers Title
Sarver Michael L -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Diep L $5,000,000
Previous Owner Nguyen Diep L $5,000,000
Previous Owner Sarver Michael L $750,000
Previous Owner Sarver Michael L $2,500,000
Previous Owner Sarver Michael L $2,475,000
Previous Owner Sarver Michael L $396,000
Previous Owner Sarver Michael L $100,000
Previous Owner Sarver Michael L $1,950,000
Previous Owner Sarver Michael L $200,000
Previous Owner Sarver Michael L $1,564,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2017 02/24/17 Sold $6,890,000 -5.0% $984 / Sq Ft
01/23/2017 01/23/17 For Sale $7,250,000 -- $1,036 / 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 $111,144 $10,505,959 $8,370,642 $2,135,317
2024 $111,144 $10,299,960 $8,206,511 $2,093,449
2023 $108,567 $10,098,000 $8,045,599 $2,052,401
2022 $106,776 $9,900,000 $7,887,842 $2,012,158
2021 $79,122 $7,387,472 $5,430,437 $1,957,035
2020 $79,028 $7,311,723 $5,374,754 $1,936,969
2019 $77,565 $7,168,356 $5,269,366 $1,898,990
2018 $76,022 $7,027,800 $5,166,045 $1,861,755
2017 $39,232 $3,535,129 $1,596,258 $1,938,871
2016 $40,315 $3,465,813 $1,564,959 $1,900,854
2015 $40,023 $3,413,754 $1,541,452 $1,872,302
2014 $34,042 $2,864,810 $1,511,258 $1,353,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17014944

California Regional Multiple Listing Service (CRMLS)

APN: 478-141-05