$6,900,000
SOLD FEB 25, 2022
5 Beds
5.5 Baths
5,002 Sq Ft
8,892 Sq Ft Lot

Recently Sold

$1,379 Per Sq Ft

1% Below List Price

13 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Primary Bedroom Suite
  • Newport Heights Elementary Rated A
  • In Ground Pool
  • 2-minute walk to Cliff Drive Park

About This Home

As of February 2022

Destined to be without equal, this showpiece property presents ocean, harbor, and Catalina views on a premier parcel perched next to Cliff Drive Park on one side, and just steps away from luscious, open greenbelt on the other. Extending over 5,000 square feet, the grandly appointed five bedroom (optional sixth). five-and-one-half bath residence is introduced by a retreat-like walkway lined by flowing water features, stately double front doors, a foyer with double-height ceilings, a fireplace, and oversized Marvin windows, lending an ambience of light and space. Among the elegant architectural details are brilliant wood and stone flooring, custom millwork, and sunken common areas setting a refined tone throughout the estate. The main level is dedicated to two spacious en suite bedrooms, elegant living room, temperature-controlled wine room, open-concept combined dining area and gourmet eat-in kitchen, wet bar, and family room opening to a covered terrace with awe-inspiring harbor vistas. Equipped with new Thermador appliances, the newly constructed kitchen satisfies the most discerning of tastes with a 13 ft. “Bistro”-style island, new quartz countertops, and custom cabinetry. Occupying a separate wing of the home, the primary suite is a lavish retreat warmed by fireplace, with private balcony, walk-in closet, and incredible spa-like bath. Another wing is occupied by a media room, a generously sized library/office overlooking the living room below, and two sumptuous en suite bedrooms each with built-in library-style study areas. Outside, a saltwater pool, spa, built-in BBQ, and al fresco dining areas coalesce into an entertainer’s paradise. Additional highlights include Vantage lighting system, centrally located laundry room, a sweeping, private driveway, set off by manicured lawns and beautiful landscaping, leading to an oversized three-car garage. This is a home that truly offers the ultimate in privacy, both from the outside world as well as between the different living spaces within. Situated only minutes from upscale shopping and dining, the Balboa Peninsula, Lido Village, world class marinas, and beautiful beaches, an extraordinary lifestyle of privilege and convenience awaits.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 12/28/2021

Coldwell Banker Realty

Co-Listed By

Hunter Jack

Coldwell Banker Realty License #01879200

Last Buyer's Agent

Paul Daftarian

Luxe Real Estate License #01317949

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,929

Year Built

  • Built in 1989

Lot Details

  • 8,892 Sq Ft Lot
  • Back Yard

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway

Property Views

  • Ocean
  • Harbor
  • Catalina
  • City Lights
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Split Level Home
  • Turnkey

Interior Spaces

  • 5,002 Sq Ft Home
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Sliding Doors
  • Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Kitchen Island
  • Quartz Countertops
  • Utility Sink

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Makeup or Vanity Space
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Multiple Shower Heads
  • Separate Shower

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Suburban Location

Schools

  • Newport Heights Elementary School
  • Horace Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 04910320
  • $360 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Newport Heights Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,929

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 949.478.2295
  • Other Phone Description: Showings
  • Other Phone Number: 949.478.2295
  • Property Attached: No
  • Subdivision Name Other: Newport Heights (NEWH)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04910320
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5002.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Beamed Ceilings, Built-in Features, High Ceilings, Recessed Lighting, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Multi/Split
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1379.45
  • Room Type: Foyer, Jack & Jill, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet, Wine Cellar
  • Spa Features: Private, In Ground
  • Window Features: Skylight(s)
  • Bathroom Features: Shower, Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Privacy Toilet Door, Separate Tub And Shower, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Utility Sink

Exterior Features

  • Exterior Features: Barbecue Private
  • View: Catalina, City Lights, Harbor, Neighborhood, Ocean, Park/Greenbelt
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Freezer, Gas Oven, Gas Cooktop, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Heights
  • Middle School: Horace Ensign
  • High School: Newport Harbor
  • Elementary School: Newport Heights
  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • Elementary School #2: NEWHEI
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8892.00
  • Lot Size Acres: 0.2041

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8892.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 634.00
  • Tax Lot: 3
  • TaxOtherAnnualAssessmentAmount: 360.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2021
Closed on
Feb 9, 2022
Sold by
Pilalas Troy A and Pilalas Stefanie M
Bought by
Huang George
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$6,995,000
Sold Price
$6,900,000
Premium/Discount to List
-$95,000
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$4,830,000
Outstanding Balance
$4,479,016
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$3,945,753

Purchase Details

Listed on
Dec 28, 2021
Closed on
Feb 8, 2022
Sold by
Huang Clicia Z
Bought by
Huang George
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$6,995,000
Sold Price
$6,900,000
Premium/Discount to List
-$95,000
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,830,000
Outstanding Balance
$4,479,016
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$3,945,753

Purchase Details

Listed on
Feb 7, 2019
Closed on
Jul 9, 2019
Sold by
Davey Timothy M
Bought by
Pilalas Troy A and Sitzer Stefanie M
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Tracy Bowie
Pacific Sotheby's Int'l Realty
List Price
$4,495,000
Sold Price
$3,770,000
Premium/Discount to List
-$725,000
-16.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.40%
Original Mortgage
$2,500,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2016
Sold by
Davey Timothy M
Bought by
Davey Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 1993
Sold by
Davey Timothy M
Bought by
Davey Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
5.12%
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
Grant Deed $6,900,000 Ticor Title
Quit Claim Deed -- Ticor Title
Grant Deed $3,770,000 California Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,830,000 New Conventional
Previous Owner $2,500,000 New Conventional
Previous Owner $950,000 Commercial
Previous Owner $275,000 Purchase Money Mortgage
Previous Owner $250,000 Credit Line Revolving
Previous Owner $1,250,000 Adjustable Rate Mortgage/ARM
Previous Owner $6,000,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $800,000 Unknown
Previous Owner $805,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $8,250,000 +19.6% $1,649 / Sq Ft
02/25/2022 02/25/22 Sold $6,900,000 -1.4% $1,379 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
12/28/2021 12/28/21 For Sale $6,995,000 +85.5% $1,398 / Sq Ft
07/29/2019 07/29/19 Sold $3,770,000 -5.4% $748 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
04/22/2019 04/22/19 Price Changed $3,985,000 -11.3% $790 / Sq Ft
02/07/2019 02/07/19 For Sale $4,495,000 -- $892 / 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 $75,929 $7,178,760 $5,618,160 $1,560,600
2023 $74,159 $7,038,000 $5,508,000 $1,530,000
2022 $41,232 $3,885,238 $2,436,301 $1,448,937
2021 $40,440 $3,809,057 $2,388,530 $1,420,527
2020 $40,053 $3,770,000 $2,364,038 $1,405,962
2019 $18,606 $1,742,486 $536,121 $1,206,365
2018 $18,234 $1,708,320 $525,609 $1,182,711
2017 $17,911 $1,674,824 $515,303 $1,159,521
2016 $17,507 $1,641,985 $505,199 $1,136,786
2015 $17,341 $1,617,321 $497,610 $1,119,711
2014 $16,931 $1,585,640 $487,862 $1,097,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21256471

California Regional Multiple Listing Service (CRMLS)

APN: 049-103-20