NOT LISTED FOR SALE

Estimated Value: $7,778,000 - $9,650,781

5 Beds
8 Baths
8,534 Sq Ft
$1,023/Sq Ft Est. Value

Last Sold August 25, 2014

Last sale price $4,150,000 $486 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $50,840/month

Highlights

  • Ocean View
  • Golf Course Community
  • In Ground Pool
  • Abraham Lincoln Elementary School Rated A
  • Wine Cellar
  • 3-minute walk to Spyglass Hill Park

About This Home

As of October 2024

Discover your dream home in this FULLY FURNISHED, luxurious Tudor-style estate, where every detail speaks of elegance and grandeur. Step into the grand living room, graced with esteemed murals, and immerse yourself in an atmosphere brimming with artistic sophistication and elegance. This isn't just a house; it's a masterpiece that awaits your presence. Entertain in style in the spacious entertainment hall, an ideal venue for unforgettable gatherings with family and friends. The home includes a self-contained apartment on the first floor, complete with its own kitchen and bathroom, offering privacy and comfort for your guests or family members. The estate is a haven of opulence, hand-painted, textured walls, vaulted ceilings with exposed beams, and intricate woodwork. Each element contributes to a unique aesthetic that is both luxurious and welcoming. Picture yourself savoring panoramic views of the vast Pacific Ocean and the entirety of Catalina Island, with evenings lit by the enchanting glow of thousands of lights. These vistas aren't just views; they are ever-changing canvases of natural beauty. Your comfort and entertainment are paramount. The estate boasts a game room, formal living and dining rooms, and a refrigerated wine closet. The adjustable wine cellar and children's playroom on the first floor add functionality and fun to this exquisite property. A majestic wood-paneled office with its own full bathroom offers a serene workspace. The garage accommodates up to six vehicles, ensuring ample space for your automotive treasures. Step outside to a world of leisure with a built-in barbecue, bar, fire-pit, spa, and gazebo. These outdoor amenities are perfect for relaxing evenings or weekend gatherings under the sky. Don't just read about this extraordinary estate; experience it for yourself. Arrange a showing today and step into a world where luxury, elegance, and comfort converge. This is more than a rental; it's a lifestyle choice that will elevate your living experience to new heights. Make it yours.

Last Agent to Rent the Property

Bill Tian

Star Max Realty Brokerage Phone: 949-885-6748 License #01967312 Listed on: 01/25/2024

Last Renter's Agent

Bill Tian

Star Max Realty Brokerage Phone: 949-885-6748 License #01967312 Listed on: 01/25/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 10,018 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Irregular Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Attached Garage

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • City Lights
  • Mountain
  • Pool
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 8,534 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Gas Fireplace
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Bonus Room with Fireplace
  • Recreation Room
  • Game Room

Kitchen

  • Galley Kitchen
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Additional Features

  • Property is near park
  • Central Air

Listing and Financial Details

  • Security Deposit $22,000
  • Rent includes gardener, pool
  • Available 1/30/24
  • Tax Lot 36
  • Tax Tract Number 9860
  • Assessor Parcel Number 46111102

Community Details

Overview

  • Property has a Home Owners Association
  • Property is near a preserve or public land

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

10,018 Sq Ft Lot

Parking

6

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2024-01-30
  • Credit Check: Yes
  • Credit Check Paid By: Owner
  • Deposit Key: 250
  • Deposit Pets: 500
  • Deposit Security: 22000
  • Furnished: Furnished
  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 46111102
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8534.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Bonus Room, Dining Room, Family Room, Living Room, Primary Bedroom, Gas, Gas Starter
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.09
  • Room Type: Bonus Room, Family Room, Galley Kitchen, Game Room, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Multi-Level Bedroom, Office, Recreation, Walk-In Closet, Walk-In Pantry, Wine Cellar

Exterior Features

  • View: Catalina, City Lights, Mountain(s), Neighborhood, Ocean, Panoramic, Pool
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s)
  • Senior Community: No
  • Community Features: Golf, Park, Preserve/Public Land, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre, Landscaped, Level with Street, Lot 10000-19999 Sqft, Irregular Lot, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 10018.00
  • Lot Size Acres: 0.2300

Multi Family

  • Insurance Water Furniture: Yes
  • Lot Size Area: 10018.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Pool

Tax Info

  • Tax Census Tract: 626.45
  • Tax Lot: 36
  • Tax Tract Number: 9860

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2014
Sold by
Schmidt Gregory Gerry
Bought by
Wang Yao
Current Estimated Value
$8,727,195

Purchase Details

Closed on
Aug 25, 2003
Sold by
Schmidt Gregory Gerry
Bought by
Schmidt Gregory Gerry and Gregory G Schmidt Trust

Purchase Details

Closed on
Jul 31, 2003
Sold by
Schmidt Katitza Ninon
Bought by
Schmidt Gregory Gerry and Gregory G Schmidt Trust

Purchase Details

Closed on
Feb 4, 2002
Sold by
Schmidt Gregory Gerry and Schmidt Katitza Ninon
Bought by
Schmidt Gregory Gerry and Schmidt Katitza Ninon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.13%

Purchase Details

Closed on
Apr 8, 1997
Sold by
Rkb Investments
Bought by
Schmidt Gregory Gerry and Schmidt Katitza Ninon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Yao $4,150,000 Ticor Title Company
Schmidt Gregory Gerry -- --
Schmidt Gregory Gerry -- --
Schmidt Gregory Gerry -- Fidelity National Title Co
Schmidt Gregory Gerry $2,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Gregory Gerry $1,000,000
Previous Owner Schmidt Gregory Gerry $1,100,000
Closed Schmidt Gregory Gerry $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2024 10/20/24 Rented $17,800 0.0% --
08/31/2024 08/31/24 Price Changed $17,800 -11.0% $2 / Sq Ft
06/24/2024 06/24/24 Price Changed $20,000 -16.7% $2 / Sq Ft
03/25/2024 03/25/24 Price Changed $24,000 0.0% $3 / Sq Ft
03/25/2024 03/25/24 For Rent $24,000 +20.0% --
03/24/2024 03/24/24 Off Market $19,999 -- --
03/21/2024 03/21/24 For Rent $19,999 0.0% --
03/20/2024 03/20/24 Off Market $19,999 -- --
01/25/2024 01/25/24 For Rent $19,999 0.0% --
08/25/2014 08/25/14 Sold $4,150,000 -4.6% $486 / Sq Ft View Prior Sale
07/24/2014 07/24/14 Pending -- -- --
09/18/2013 09/18/13 For Sale $4,350,000 -- $509 / 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 $50,458 $4,987,674 $3,388,607 $1,599,067
2024 $50,458 $4,889,877 $3,322,164 $1,567,713
2023 $49,269 $4,793,998 $3,257,024 $1,536,974
2022 $48,344 $4,699,999 $3,193,161 $1,506,838
2021 $47,408 $4,607,843 $3,130,550 $1,477,293
2020 $46,926 $4,560,596 $3,098,450 $1,462,146
2019 $45,980 $4,471,173 $3,037,696 $1,433,477
2018 $45,082 $4,383,503 $2,978,133 $1,405,370
2017 $44,246 $4,297,552 $2,919,738 $1,377,814
2016 $43,255 $4,213,287 $2,862,488 $1,350,799
2015 $42,869 $4,150,000 $2,819,491 $1,330,509
2014 $29,882 $2,900,414 $1,800,040 $1,100,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24015380

California Regional Multiple Listing Service (CRMLS)

APN: 461-111-02

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