NOT LISTED FOR SALE

Estimated Value: $7,913,000 - $8,875,822

5 Beds
5.5 Baths
4,370 Sq Ft
$1,940/Sq Ft Est. Value

Last Sold October 18, 2017

Last sale price $5,000,000 $1,144 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $49,509/month

170 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Primary Bedroom Suite
  • Harbor View Elementary School Rated A
  • Property has ocean access
  • 2-minute walk to Corona Del Mar State Beach Park

About This Home

As of October 2017

“Breakers on the Beach” Stunning coastal elegance situated on Corona Del Mar’s Big Corona Beach, behind the gates of the private enclave known as Breaker's Drive. The 4400+SF 5Br/5.5Ba opulent, beach chic designed, soft contemporary home was completely re-inspired by award winning interior designers in 2015. It has been appointed inside and out using the finest available luxury finishes from the French oak floors, cabinetry, and stone finishes, to the La Cornue range that is the center piece and true work of art in the kitchen designed to be functional and catering to the highest level of chef’s mastery. Open and airy floor plan flows throughout the main living area and disappearing wall sliders transition seamlessly onto expansive decks for entertaining guests and family, with a private elevator servicing all levels. The main Master suite, featured in luxury décor magazines, is a romantic collaboration from the finest resorts and high-end boutiques. Breathtaking sunsets year round from the many viewing locations including Catalina and San Clemente Islands, wide open Pacific, Newport Harbor and The Wedge. This ultra rare offering located within walking distance to everything the CDM Village has to offer, world class dining and shopping at Fashion Island, John Wayne Airport, Balboa, The Pelican Hill Resort, the most beautiful beaches in OC, trails and OC’s best pet friendly communities, is the true "ocean crown jewel" when it comes to the beach living lifestyle.

Last Agent to Sell the Property

Leo Goldschwartz

Coldwell Banker Realty License #01704591 Listed on: 03/20/2017

Coldwell Banker Realty

Co-Listed By

Nicole Contreras

Christie's International Real Estate SoCal License #01512844

Last Buyer's Agent

Kimberlee Drake

Compass License #01068050

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • 6,450 Sq Ft Lot
  • Beach Front
  • Masonry wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • Bluff
  • Canal

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Tile Roof
  • Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 4,370 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Dry Bar
  • Recessed Lighting
  • French Doors
  • Sliding Doors
  • Panel Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Free-Standing Range
  • Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Home Security System
  • Security Lights
  • Smart Home
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 48 inches wide or more
  • More Than Two Accessible Exits
  • Accessible Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Open Patio
  • Terrace
  • Exterior Lighting

Schools

  • Lincoln Elementary And Middle School
  • Corona Del Mar High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Water Purifier
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities
  • Gated Community

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 05212068

Home Details

Home Type

Single Family

Year Built

Built in 1996 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Negotiable
  • Property Attached: No
  • Security: Closed Circuit Camera(s), Fire Sprinkler System, Gated Community, Security Lights, Security System, Smoke Detector(s)
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05212068
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4370.00 Square Feet
  • Interior Amenities: Balcony, Bar, Block Walls, Built-in Features, Copper Plumbing Full, Dry Bar, Elevator, Home Automation System, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Stone Counters
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits, 48 Inch Or More Wide Halls, Accessible Elevator Installed, Parking
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors, Panel Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room, Separated
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1144.16
  • Room Type: Family Room, Foyer, Great Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Suite, Two Masters, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Linen Closet/Storage
  • Room Kitchen Features: Built-In Trash/Recycling, Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Canal, Catalina, Coastline, Harbor, Ocean, Panoramic, Water, White Water
  • Fence: Yes
  • Fencing: Block, Masonry, Wrought Iron
  • Patio And Porch Features: Deck, Patio Open, Terrace
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Drywall Walls, Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, Paved, Garage, Direct Garage Access, Garage - Single Door, Garage Door Opener, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, ENERGY STAR Qualified Appliances, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave, Refrigerator, Trash Compactor, Water Purifier
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • Elementary School: Lincoln
  • High School: Corona Del Mar
  • Middle Or Junior School: Lincoln
  • Elementary School #2: LINCOL
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Bluff
  • Lot Size Sq Ft: 6450.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 627.02
  • Tax Lot: 28
  • Tax Tract Number: a36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2023
Sold by
Kathleen Drake Conterno Revocable Trust
Bought by
Conterno Family Trust and Conterno
Current Estimated Value
$8,476,941

Purchase Details

Closed on
Jun 6, 2019
Sold by
Conterno Enrique A and Conterno Kathleen D
Bought by
Revoca Conterno Kathleen Drake and Revoca Kathleen Drake Conterno

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 20, 2017
Closed on
Sep 13, 2017
Sold by
Dodd Michael John and Dodd Kelly Denise
Bought by
Conterno Enrique A and Conterno Kathleen D
Seller's Agent
Leo Goldschwartz
Coldwell Banker Realty
Buyer's Agent
Kimberlee Drake
Compass
List Price
$5,995,000
Sold Price
$5,000,000
Premium/Discount to List
-$995,000
-16.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$3,500,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2013
Closed on
Jun 6, 2014
Sold by
Stephens Charlotte and Charlotte Sany Trust
Bought by
Dodd Michael John and Dodd Kelly Denise
Seller's Agent
Kathy Klingaman
TopBroker Network Real Estate
Buyer's Agent
Tim Smith
Coldwell Banker Realty
List Price
$4,395,000
Sold Price
$3,575,000
Premium/Discount to List
-$820,000
-18.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%
Original Mortgage
$2,500,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 5, 1998
Sold by
Old World Craftsman Inc
Bought by
Stephens Charlotte and Charlotte Sany Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.87%
Mortgage Type
Assumption

Purchase Details

Closed on
Jan 29, 1998
Sold by
Campbell Kim and Campbell Linda
Bought by
Old World Craftsman Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.87%
Mortgage Type
Assumption

Purchase Details

Closed on
Jun 26, 1996
Sold by
Old World Craftsman Inc
Bought by
Campbell Kim and Campbell Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,500
Interest Rate
8.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Conterno Family Trust -- None Listed On Document
Revoca Conterno Kathleen Drake -- Orange Coast Title Company
Conterno Enrique A $5,000,000 Chicago Title Co
Dodd Michael John $3,575,000 Chicago Title Company
Stephens Charlotte $1,375,000 Chicago Title Co
Old World Craftsman Inc -- Chicago Title Co
Campbell Kim -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Revoca Conterno Kathleen Drake $3,500,000
Previous Owner Conterno Enrique A $3,500,000
Previous Owner Dodd Michael John $2,500,000
Previous Owner Stephens Charlotte $550,000
Previous Owner Campbell Kim $812,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2017 10/18/17 Sold $5,000,000 -12.2% $1,144 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
05/16/2017 05/16/17 Price Changed $5,695,000 -5.0% $1,303 / Sq Ft
03/20/2017 03/20/17 For Sale $5,995,000 +67.7% $1,372 / Sq Ft
07/18/2014 07/18/14 Sold $3,575,000 +8.5% $824 / Sq Ft View Prior Sale
06/03/2014 06/03/14 Pending -- -- --
05/24/2014 05/24/14 Price Changed $3,295,000 +0.3% $760 / Sq Ft
05/18/2014 05/18/14 Price Changed $3,285,000 -16.8% $757 / Sq Ft
03/12/2014 03/12/14 Price Changed $3,950,000 -0.6% $911 / Sq Ft
11/13/2013 11/13/13 Price Changed $3,975,000 -9.6% $916 / Sq Ft
08/14/2013 08/14/13 For Sale $4,395,000 -- $1,013 / 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
2025 $59,022 $5,689,144 $4,550,212 $1,138,932
2024 $59,022 $5,577,593 $4,460,993 $1,116,600
2023 $57,704 $5,468,229 $4,373,523 $1,094,706
2022 $56,754 $5,361,009 $4,287,767 $1,073,242
2021 $55,663 $5,255,892 $4,203,693 $1,052,199
2020 $55,129 $5,202,000 $4,160,590 $1,041,410
2019 $53,978 $5,100,000 $4,079,009 $1,020,991
2018 $52,898 $5,000,000 $3,999,028 $1,000,972
2017 $41,881 $3,944,548 $2,911,018 $1,033,530
2016 $39,801 $3,759,061 $2,853,939 $905,122
2015 $38,082 $3,575,000 $2,811,071 $763,929
2014 $19,164 $1,791,037 $1,105,820 $685,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17057636

California Regional Multiple Listing Service (CRMLS)

APN: 052-120-68