NOT LISTED FOR SALE

Estimated Value: $5,301,000

3 Beds
4.5 Baths
3,700 Sq Ft
$1,433/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $29,000,000 $7,838 Per Sq Ft

Current estimated payment $32,527/month

292 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Primary Bedroom Suite
  • Carmel River Elementary School Rated A
  • Heated Pool and Spa
  • Custom Home

About This Home

As of July 2023

In 1951, visionary architect, Frank Wynkoop, designed and built an iconic oceanfront home in Carmel which is recognized worldwide as The Butterfly House. Featured in Architectural Digests AD100, A Century of Style, ADs, Most Beautiful Rooms in the World, & Thames and Hudsons 50 Most Iconic Architectural Masterworks in America. This winged icon, having gone through a massive renovation and restoration by acclaimed designer Jamie Bush, has been celebrated as a landmark architectural treasure, living art, & a near perfect example of mid-century architecture. The Butterfly House is just one of five true oceanfront properties in Carmel and one of the largest, incorporating its own beach and cove. A warm and inviting home with pool, hot tub, fire features, & extraordinary living space. Set amidst an ever-changing display of marine life, The Butterflys unique and special connection to nature and its beautiful surroundings brings joy, perspective, & happiness to all who experience it.

Last Agent to Sell the Property

Shelly Lynch

Carmel Realty Company License #01217466 Listed on: 08/11/2022

Last Buyer's Agent

Tim Allen

Coldwell Banker Realty License #00891159

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 0.55 Acre Lot
  • West Facing Home
  • Security Fence
  • Gated Home
  • Fenced Front Yard
  • Drought Tolerant Landscaping
  • Zoning described as R1

Parking

  • 1 Car Garage
  • Enclosed Parking
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking

Home Design

  • Custom Home
  • Flat Roof Shape
  • Brick Foundation
  • Reinforced Concrete Foundation
  • Combination Foundation
  • Slab Foundation
  • Tar and Gravel Roof
  • Stone Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,700 Sq Ft Home
  • Entertainment System
  • Wired For Sound
  • Beamed Ceilings
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Wine Cellar
  • Great Room
  • Separate Family Room
  • Combination Dining and Living Room
  • Den
  • Library
  • Bonus Room
  • Workshop
  • Storage Room
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Alarm System
  • Fire and Smoke Detector

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Deck
  • Outdoor Fireplace
  • Fire Pit
  • Shed
  • Barbecue Area

Utilities

  • Vented Exhaust Fan
  • Radiant Heating System
  • Power Generator
  • Water Softener is Owned

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 009-443-002-000

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0.55 Acres

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Custom
  • Listing Class: Residential
  • Structure Sq Ft: 3700
  • Year Built: 1951
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Gas Starter, Outside, Wood Burning
  • Dining Room: Dining Area in Living Room, Dining Bar
  • Kitchen: Cooktop - Gas, Countertop - Stone, Dishwasher, Exhaust Fan, Freezer, Microwave, Oven - Built-In, Pantry, Refrigerator
  • Living Sq Ft: 3700
  • Security: Fire Alarm, Secured Garage / Parking, Security Alarm, Security Fence
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, Primary Suite / Retreat, Walk-in Closet
  • Laundry: Dryer, Inside, Tub / Sink, Washer
  • Flooring: Hardwood, Stone
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Great Room, Laundry Room, Library, Storage, Wine Cellar / Storage, Workshop
  • Fireplaces Min: 2
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Half on Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Shower over Tub - 1, Stall Shower - 2+, Stone, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Brick / Mortar Perimeter, Combination, Concrete Perimeter, Concrete Slab, Reinforced Concrete
  • Pool Description: Pool - Heated, Pool - In Ground, Pool / Spa Combo, Spa - In Ground, Spa - Jetted
  • Roof: Flat / Low Pitch, Rock, Tar and Gravel
  • View: Ocean, Water Front
  • Yard/Grounds: BBQ Area, Courtyard, Deck, Drought Tolerant Plants, Fenced, Fire Pit, Outdoor Fireplace, Storage Shed / Structure
  • Pool: Yes
  • Fencing: Fenced Front, Gate
  • Property Faces: West
  • Construction Type: Steel

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4
  • Garage Parking Features: Electric Car Hookup, Enclosed, Gate / Door Opener, Guest / Visitor Parking
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Heating System: Fireplace, Radiant
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Video / Audio System, Walk-in Closet

Lot Info

  • Lot Description: Views
  • Parcel Number: 009-443-002-000
  • Lot Acres: 0.5510
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 24000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 24000.00

Multi Family

  • Utilities: Generator, Public Utilities

MLS Schools

  • High School District Text: Carmel Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Jul 12, 2023
Sold by
Kevin E Comolli Living Trust
Bought by
Butterfly House Trust and Telleen
Seller's Agent
Shelly Lynch
Carmel Realty Company
Buyer's Agent
Tim Allen
Coldwell Banker Realty
List Price
$40,000,000
Sold Price
$29,000,000
Premium/Discount to List
-$11,000,000
-27.5%
Views
1804
Current Estimated Value
$5,301,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,699,000
Avg. Annual Appreciation
-48.11%
Original Mortgage
$18,850,000
Outstanding Balance
$18,243,343
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
-$12,942,343

Purchase Details

Closed on
Apr 9, 2018
Sold by
Comilli Kevin
Bought by
Comolli Kevin E and The Kevin E Comolli Living Tru

Purchase Details

Closed on
May 27, 2013
Sold by
Comolli Hannah Mary
Bought by
Comolli Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,250,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2013
Sold by
Yeslek Butterfly Llc
Bought by
Comolli Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,250,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2008
Sold by
Soskin William H and Stephen B Kahn Living Trust
Bought by
Yeslek Butterfly Llc

Purchase Details

Closed on
Aug 31, 1998
Sold by
Kahn Stephen B
Bought by
Kahn Stephen B and Stephen B Kahn Living Trust
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Butterfly House Trust $29,000,000 Chicago Title
Comolli Kevin E -- None Available
Comolli Kevin -- Old Republic Title Company
Comolli Kevin $16,500,000 Old Republic Title Company
Yeslek Butterfly Llc -- First American Title Company
Kahn Stephen B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butterfly House Trust $18,850,000
Previous Owner Comolli Kevin $8,250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2023 07/17/23 Sold $29,000,000 -27.5% $7,838 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
08/11/2022 08/11/22 For Sale $40,000,000 -- $10,811 / Sq Ft
Source: MLSListings

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 $291,065 $28,560,000 $23,460,000 $5,100,000
2024 $291,065 $28,000,000 $23,000,000 $5,000,000
2023 $202,544 $28,000,000 $23,000,000 $5,000,000
2022 $195,958 $18,781,883 $16,461,081 $2,320,802
2021 $193,901 $18,413,612 $16,138,315 $2,275,297
2020 $189,760 $18,224,804 $15,972,837 $2,251,967
2019 $186,123 $17,867,456 $15,659,645 $2,207,811
2018 $182,613 $17,517,115 $15,352,594 $2,164,521
2017 $178,792 $17,173,643 $15,051,563 $2,122,080
2016 $175,916 $16,836,906 $14,756,435 $2,080,471
2015 -- $16,584,001 $14,534,780 $2,049,221
2014 -- $16,259,144 $14,250,064 $2,009,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81903466

MLSListings

APN: 009-443-002-000

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