NOT LISTED FOR SALE

267 Crescent Bay Dr Laguna Beach, CA 92651

North Laguna Neighborhood

Estimated Value: $5,705,000 - $10,473,775

2 Beds
5 Baths
5,300 Sq Ft
$1,526/Sq Ft Est. Value

Sale Details

Date Sold: August 27, 2014

Last sale price $10,200,000 $1,925 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $53,488 / mo

315 Days on Market

Highlights

  • Ocean Front
  • Wine Cellar
  • Primary Bedroom Suite
  • El Morro Elementary School Rated A+
  • Home Theater
  • 1-minute walk to Crescent Bay Point Park

About This Home

As of August 2014

This stunning 5,300 square-foot California Modern oceanfront beach house in Laguna Beach is the California Dream realized. With breathtaking panoramic views stretching across Crescent Bay and into Pacific Ocean sunsets, you’ll know you have arrived. And the estate itself is equally stunning. It's unique among coastal Laguna Beach real estate offerings, epitomizing the finest amenities Southern California beachfront life has to offer. Entertain in the exotic surroundings and enjoy unobstructed bay and ocean views from cliff-top decks or through walls of glass. Indulge in the luxurious master suite with its wine room, en suite spa, and ocean-view terrace. It’s an entertainer’s dream and an ideal home for single executives, couples, and small families wanting to savor the Southern California lifestyle and imbibe the comfort, luxury, and soul-restoring views of this beachfront home. And secluded and sandy Crescent Bay is just steps away. Spend an afternoon in the ocean or on the beach, and retire for cocktails and dinner on your rooftop deck as you watch the sun slide slowly over the horizon. Your guests will be dazzled.
If you’re looking for an exceptional Southern California coastal property, you’ll want to see this one-of-a-kind luxury estate.

Last Agent to Sell the Property

John Veytia

Compass License #00279282 Listed on: 09/12/2013

Compass

Co-Listed By

Outside Area

Outside Area Listings License #N/A

Last Buyer's Agent

John Veytia

Compass License #00279282 Listed on: 09/12/2013

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 13,504 Sq Ft Lot
  • Ocean Front
  • Fenced
  • Stucco Fence

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Automatic Gate

Property Views

  • White Water Ocean
  • Coastline
  • Catalina

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 5,300 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Custom Window Coverings
  • Roller Shields
  • Insulated Doors
  • Entryway
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Den
  • Atrium Room
  • Utility Room
  • Laundry Room
  • Home Gym
  • Center Hall

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Convection Oven
  • Built-In Range
  • Indoor Grill
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors

Home Security

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

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Deck
  • Stone Porch or Patio
  • Exterior Lighting
  • Rooftop Access
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage
  • 220 Volts in Kitchen

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 707
  • Assessor Parcel Number 05313123

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0.31 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Security Lights, Fire and Smoke Detection System, Smoke Detector(s), Security System
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05313123
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5300.00
  • Interior Amenities: 2 Staircases, Built-in Features, Balcony, Wired for Data, Copper Plumbing Full, Home Automation System, High Ceilings, Living Room Balcony, Recessed Lighting, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Insulated Doors, Mirror Closet Door(s)
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 1924.53
  • Room Type: Atrium, Center Hall, Den, Entry, Exercise Room, Living Room, Master Bedroom, Media Room, Main Floor Bedroom, Master Suite, Walk-In Closet, Retreat, Utility Room, Wine Cellar
  • Window Features: Custom Covering, Drapes, Double Pane Windows, Roller Shields, Skylight(s)
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean, Water, White Water
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Deck, Patio Open, Patio, Roof Top, Stone
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Convection Oven, Double Oven, Dishwasher, Freezer, Disposal, Gas Range, Indoor Grill, Refrigerator
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Lot Info

  • Lot Features: Lot 10000-19999 Sqft, Near Public Transit
  • Lot Size Sq Ft: 13504.00
  • Lot Size Acres: 0.3100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13504.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access, Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 28
  • Tax Tract Number: 707

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2013
Closed on
Aug 12, 2014
Sold by
Beach Donkey Llc
Bought by
Spy Glass Trust
Seller's Agent
John Veytia
Compass
Buyer's Agent
John Veytia
Compass
List Price
$12,750,000
Sold Price
$10,200,000
Premium/Discount to List
-$2,550,000
-20%
Current Estimated Value
$8,089,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,110,612
Avg. Annual Appreciation
-1.96%
Original Mortgage
$5,100,000
Outstanding Balance
$3,700,758
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$4,388,630

Purchase Details

Closed on
Oct 17, 2007
Sold by
Mcdonald Ann W
Bought by
Beach Donkey Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,850,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Spy Glass Trust -- First American Title Company
Beach Donkey Llc -- California Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Spy Glass Trust $5,100,000
Previous Owner Beach Donkey Llc $10,850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2014 08/27/14 Sold $10,200,000 -7.2% $1,925 / Sq Ft
07/01/2014 07/01/14 Price Changed $10,990,000 -4.4% $2,074 / Sq Ft
04/11/2014 04/11/14 Price Changed $11,500,000 -2.1% $2,170 / Sq Ft
01/13/2014 01/13/14 Price Changed $11,750,000 -7.8% $2,217 / Sq Ft
09/12/2013 09/12/13 For Sale $12,750,000 -- $2,406 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $123,642 $12,323,835 $11,196,045 $1,127,790
2024 $123,642 $12,082,192 $10,976,515 $1,105,677
2023 $121,105 $11,845,287 $10,761,289 $1,083,998
2022 $118,771 $11,613,027 $10,550,283 $1,062,744
2021 $116,436 $11,385,321 $10,343,415 $1,041,906
2020 $115,169 $11,268,579 $10,237,356 $1,031,223
2019 $113,168 $11,047,627 $10,036,624 $1,011,003
2018 $110,953 $10,831,007 $9,839,827 $991,180
2017 $108,759 $10,618,635 $9,646,889 $971,746
2016 $106,695 $10,410,427 $9,457,734 $952,693
2015 $104,545 $10,200,000 $9,315,670 $884,330
2014 $138,251 $13,500,000 $12,467,800 $1,032,200
Source: Public Records

Agents Affiliated with this Home

  • John Veytia

    Seller's Agent in 2014

    John Veytia

    Compass

    (949) 701-5554

    44 Total Sales

    John Veytia
    Section Image

  • O

    Seller Co-Listing Agent in 2014

    Outside Area

    Outside Area Listings

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG13186582

California Regional Multiple Listing Service (CRMLS)

APN: 053-131-23

California Orange County Laguna Beach 92651 North Laguna

267 Crescent Bay Dr, Laguna Beach, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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