$8,500,000
SOLD MAY 7, 2013
6 Beds
11 Baths
15,002 Sq Ft
0.86 Acres

Recently Sold

$567 Per Sq Ft

11% Below List Price

199 Days on Market

Highlights

  • On Golf Course
  • Tennis Courts
  • Gated with Attendant
  • Bonita Canyon Elementary Rated 9+
  • Wine Cellar
  • Home Theater

About This Home

As of January 2016

A rare find REO Luxury estate! This bank owned property by renowned architect Brion Janette collaborating with Tony Valentine construction created this never lived in European style Manor from Provence, designed to be a destination place as well as a private home. Luxury & comfort encompass this expansive floor plan of 6 bedrooms, 11 baths in approximately 15,000 SF.
Stadium-tennis estate gracing golf frontage in the prestigious Shady Canyon community, is truly one of a kind.
Opulent finishes in the stunning professional kitchen with La Cornue range, secondary chef kitchen, wine cellar/tasting room, screening room/theater, game room & recreation room. Warmth & elegance by the 5 fireplaces some custom carved in Italy & Spain. Breathtaking views from the Master suite complete with his/hers bath areas & lounging balconies w/city light views.
A unique combination of privacy & rolling hills enjoying the 75 ft solar heated lap pool/spa, outdoor loggias, gardens, sports court amongst mature Olive, Melaleuca and Oak trees & rose walk. Five plus car subterranean garage.
A top tier estate for entertaining where complete luxury exists!

Last Agent to Sell the Property

Brian Backstrom

HK Lane Real Estate License #01300840 Listed on: 10/19/2012

Co-Listed By

Staci WarrenHughes

Berkshire Hathaway HomeService License #01106574

Last Buyer's Agent

Ramesh Ganatra

Equity Realty Register License #00591762

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $126,510

Year Built

  • Built in 2009

Lot Details

  • 0.86 Acre Lot
  • On Golf Course
  • Two or More Common Walls
  • Cul-De-Sac
  • Block Wall Fence
  • Wooded Lot

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 6 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Auto Driveway Gate
  • On-Street Parking

Property Views

  • Panoramic
  • City Lights
  • Golf Course
  • Mountain
  • Hills

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Spanish Tile Roof
  • Clay Roof
  • Wood Siding
  • Stone Siding
  • Plaster

Interior Spaces

  • 15,002 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • French Mullion Window
  • French Doors
  • Sliding Doors
  • Formal Entry
  • Wine Cellar
  • Family Room
  • Dining Room
  • Home Theater
  • Den
  • Library
  • Bonus Room with Fireplace
  • Sauna
  • Home Gym
  • Center Hall
  • Laundry Room
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Double Convection Oven
  • Gas Oven or Range
  • Electric Cooktop
  • Range Hood
  • Warming Drawer
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Maid or Guest Quarters

Home Security

  • Home Security System
  • Fire Sprinkler System

Pool

  • Solar Heated Lap Pool
  • Exercise
  • Heated Spa

Outdoor Features

  • Tennis Courts
  • Sport Court
  • Balcony
  • Covered patio or porch
  • Outdoor Grill

Location

  • Property is near a clubhouse

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 16060
  • Assessor Parcel Number 46405135

Community Details

Overview

  • Association Phone (949) 833-2600
  • Custom

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Additional Features

  • Community Barbecue Grill
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$126,510

Year Built

Built in 2009

Lot Details

0

HOA Fees

$550 per month

Parking

6

Listing Details

  • Assessments: Yes
  • Other Phone Description: Preferred
  • Other Phone Number: 949-677-7108
  • Property Attached: Yes
  • Security: Automatic Gate, Fire Sprinkler System, Gated with Guard, Security System
  • Subdivision Name Other: Shady Canyon Custom
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Custom Built, Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 46405135
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 15002.00
  • Interior Amenities: Built-in Features, Balcony, Coffered Ceiling(s), Crown Molding, Open Floorplan, Recessed Lighting, Wet Bar
  • Common Walls: 2+ Common Walls, No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Bonus Room, Electric, Gas, Kitchen, Wood Burning
  • Levels: Three Or More
  • Price Per Square Foot: 566.59
  • Room Type: Basement, Bonus Room, Center Hall, Den, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Exercise Room, Library, Media Room, Master Suite, Walk-In Pantry, Home Theatre, Wine Cellar
  • Spa Features: Association, Heated, Private
  • Window Features: French/Mullioned

Exterior Features

  • Patio: Yes
  • Other Structures: Sauna Private, Sport Court Private, Tennis Court Private
  • View: City Lights, Golf Course, Hills, Mountain(s), Panoramic
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered, Stone
  • Pool Features: Association, Exercise Pool, Lap, Private, Solar Heat
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Plaster, Stone, Wood Siding

Garage/Parking

  • Garage Spaces: 6.00
  • Number Remotes: 3
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Direct Garage Access, Oversized, Garage - Single Door, Street, Subterranean
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Barbecue, Built-In, Convection Oven, Double Oven, Dishwasher, Electric Cooking, Freezer, Gas Cooking, Disposal, Range Hood, Ice Maker, Range, Refrigerator, Cooktop, Warming Drawer
  • Heating Type: Forced Air
  • Laundry Features: In Closet, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 550.00
  • Association Fee Frequency: Monthly
  • Phone: 949.833.2600
  • Senior Community: No

Schools

  • School District: Irvine Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Cul-De-Sac, Close to Clubhouse, On Golf Course, Treed Lot
  • Lot Size Sq Ft: 37524.00
  • Lot Size Acres: 0.8610

Multi Family

  • Lease Considered: No
  • Lot Size Area: 37524.0000 Square Feet

Tax Info

  • Tax Lot: 35
  • Tax Tract Number: 16060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2017
Sold by
Hong Qilin
Bought by
Han Lina
Current Estimated Value
$11,153,306

Purchase Details

Listed on
Nov 1, 2015
Closed on
Jan 15, 2016
Sold by
Shree Ram Ven Lp
Bought by
Rui Xin Llc
Seller's Agent
Rachel & Doug Swardstrom Group
Coldwell Banker Realty
Buyer's Agent
Lisa Zhou
Legacy Capital Investment Group
List Price
$11,999,000
Sold Price
$9,950,000
Premium/Discount to List
-$2,049,000
-17.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.71%

Purchase Details

Listed on
Oct 19, 2012
Closed on
May 2, 2013
Sold by
Bank Of America Na
Bought by
Shree Ram Ven Lp
Seller's Agent
Brian Backstrom
HK Lane Real Estate
Buyer's Agent
Ramesh Ganatra
Equity Realty Register
List Price
$9,499,000
Sold Price
$8,500,000
Premium/Discount to List
-$999,000
-10.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$4,600,000
Interest Rate
3.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2012
Sold by
Hayes Kevin and Hayes Alice
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 19, 2003
Sold by
Irvine Community Development Co Llc
Bought by
Hayes Kevin and Hayes Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Interest Rate
5.53%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed -- Chicago Title Company
Grant Deed $9,950,000 Chicago Title Company
Corporate Deed -- Chicago Title Co
Trustee Deed $9,031,827 None Available
Corporate Deed -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,600,000 Purchase Money Mortgage
Previous Owner $9,950,000 Construction
Previous Owner $2,624,375 Unknown
Previous Owner $1,190,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2016 01/21/16 Sold $9,950,000 -17.1% $663 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
11/01/2015 11/01/15 For Sale $11,999,000 +41.2% $800 / Sq Ft
05/07/2013 05/07/13 Sold $8,500,000 -2.2% $567 / Sq Ft
04/12/2013 04/12/13 Price Changed $8,695,000 -8.5% $580 / Sq Ft
10/19/2012 10/19/12 For Sale $9,499,000 -- $633 / 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
2024 $126,510 $11,547,829 $5,040,906 $6,506,923
2023 $123,886 $11,321,401 $4,942,064 $6,379,337
2022 $121,553 $11,099,413 $4,845,161 $6,254,252
2021 $119,424 $10,881,778 $4,750,158 $6,131,620
2020 $118,268 $10,770,199 $4,701,451 $6,068,748
2019 $116,089 $10,559,019 $4,609,266 $5,949,753
2018 $113,951 $10,351,980 $4,518,888 $5,833,092
2017 $111,804 $10,149,000 $4,255,596 $5,893,404
2016 $98,290 $8,842,006 $3,074,900 $5,767,106
2015 $96,869 $8,709,191 $3,028,712 $5,680,479
2014 $95,837 $8,538,590 $2,969,383 $5,569,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12004052

California Regional Multiple Listing Service (CRMLS)

APN: 464-051-35