NOT LISTED FOR SALE

Estimated Value: $1,315,000 - $1,757,000

0.1 Acre
$15,266,091 Price per Acre
4,390 Sq Ft Lot

Last Sold January 20, 2021

Last sale price $950,000

Est. 62% increase in value since last sale

Current estimated payment $9,104/month

47 Days on Market

Highlights

  • White Water Ocean Views
  • Golf Course Community
  • Corner Lot
  • Top Of The World Elementary School Rated A
  • Fishing
  • No HOA

About This Lot

As of January 2021

Looking for the best VIEW in LAGUNA BEACH? Look no further than this incredible 4,390 sq. ft. residential end lot, located in "Old Top of The World" Community. One of the last buildable lots available and by far, the best! Owned by the Smith family since 1954. There is no other piece of land quite like this with its storied past & whimsical feel. It is easy to imagine your home perched so effortlessly upon the landscape encircled by captivating views. The ocean is front & center with canyons & hills framing the background. Surrounded by Laguna’s rich, vibrant history, Old Top of the World is not just a name given to this beautiful hill top oasis, but a feeling. Get lost on a sunset hike, grab a mountain bike for a crisp morning ride from the Old World trail head a few short steps away. Watch the sunset over Catalina, while the lights of downtown Laguna Beach begin to sprinkle the coastline. Walking distance to multiple parks, award winning elementary & middle schools & fire station #3. This neighborhood is the gateway to amazing trailheads into Aliso & Wood Canyons Wilderness Park. Alta Laguna Park features a baseball field, 6 tennis courts, 1/2 basketball court, & playground. A short scenic drive to town to enjoy all of what makes Laguna Beach a world destination! Breathtaking beaches & coves, quaint shopping, casual & fine dining. Utilities in the paved street, electricity, gas, water, sewer. So much potential waiting to be realized. A golden opportunity! Won’t come again.

Last Agent to Sell the Property

Shawn Smithson

RE/MAX One License #01706033 Listed on: 11/20/2020

RE/MAX One

Co-Listed By

Scott Sumner

RE/MAX ONE License #01131895

Last Buyer's Agent

Shawn Smithson

RE/MAX One License #01706033 Listed on: 11/20/2020

RE/MAX One

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,954

Lot Details

  • 4,390 Sq Ft Lot
  • Property fronts a private road
  • Corner Lot
  • Irregular Lot
  • Value in Land
  • Property is zoned R1

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • City Lights
  • Neighborhood

Location

  • Suburban Location

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 42 / 888
  • Assessor Parcel Number 64114222

Community Details

Overview

  • No Home Owners Association
  • Top Of The World Subdivision

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail
  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$10,954

Lot Details

0

Listing Details

  • Current Use: Unimproved
  • Current Use Comments: Vacant land
  • Ingress Egress: Top of the World
  • Other Phone Description: Scott Sumner
  • Other Phone Number: 949-491-2707
  • Possible Use: Residential
  • Possible Use Comments: Residential Custom
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name Other: Top Of The World (TOW)
  • View: Yes
  • Water Body Name: LBCWD
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 64114222
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 216.40

Exterior Features

  • View: Catalina, City Lights, Coastline, Neighborhood, Ocean, Water, White Water

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: Standard
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Golf, Hiking, Park, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Irregular Lot, Value In Land
  • Lot Size: irrg
  • Lot Size Sq Ft: 4390.00
  • Usable Land Percent: 100
  • Lot Size Acres: 0.1008
  • Latitude Manual: 33.54305700

Multi Family

  • Lot Size Area: 4390.0000 Square Feet

Tax Info

  • Tax Area: 05021
  • Tax Block: 888
  • Tax Census Tract: 626.19
  • Tax Lot: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Jan 12, 2021
Sold by
Burris Carolyn Louise
Bought by
Lee Troy M and Lee Sarah L
Seller's Agent
Shawn Smithson
RE/MAX One
Buyer's Agent
Shawn Smithson
RE/MAX One
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Current Estimated Value
$1,538,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,822
Avg. Annual Appreciation
10.78%

Purchase Details

Closed on
Feb 2, 2009
Sold by
Burris Carolyn Louise
Bought by
Burris Carolyn Louise

Purchase Details

Closed on
Nov 2, 2004
Sold by
Smith Richard E
Bought by
Smith Richard E

Purchase Details

Closed on
Sep 26, 2002
Sold by
Smith Richard E
Bought by
Smith Richard E
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
Lee Troy M $950,000 Chicago Title Company
Burris Carolyn Louise -- None Available
Smith Richard E -- --
Smith Richard E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2021 01/20/21 Sold $950,000 -13.6% --
01/06/2021 01/06/21 Pending -- -- --
11/20/2020 11/20/20 For Sale $1,100,000 -- --
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 $10,954 $1,028,309 $1,028,309 --
2024 $10,954 $1,008,147 $1,008,147 --
2023 $10,679 $988,380 $988,380 $0
2022 $10,454 $969,000 $969,000 $0
2021 $757 $15,377 $15,377 $0
2020 $722 $15,220 $15,220 $0
2019 $693 $14,922 $14,922 $0
2018 $670 $14,630 $14,630 $0
2017 $644 $14,344 $14,344 $0
2016 $619 $14,063 $14,063 $0
2015 $596 $13,852 $13,852 $0
2014 $572 $13,581 $13,581 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG20240431

California Regional Multiple Listing Service (CRMLS)

APN: 641-142-22