NOT LISTED FOR SALE

Estimated Value: $7,705,894

3 Beds
3.5 Baths
6,005 Sq Ft
$1,283/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $6,600,000 $1,099 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $48,496/month

274 Days on Market

Highlights

  • Ocean View
  • 84.17 Acre Lot
  • Vaulted Ceiling
  • Carmel River Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of October 2022

Perched On Top of the World overlooking the entire Monterey Peninsula, this gorgeous estate on 84 private acres enjoys some of the most dramatic views on the Central Coast. With walls of stone, mahogany wood accents, and a cement tile roof, this property was beautifully designed by John Mandurrago and built to stand the test of time. The home has over 6,000 SqFt of living space with breathtaking coastal views of the Pacific Ocean, Point Lobos, Carmel, Pebble Beach, and well north across Monterey Bay. To the east there are views of the majestic Santa Lucia Mountains with only wilderness in sight. Highlights include multiple patios that seamlessly flow into the beautifully designed interior, luxurious bedroom suites, a 3-car garage with elevator leading to main level, a self-sufficient solar system, dramatic outdoor seating area with fire pit, and unbelievable year-round sunsets to enjoy. Sit back and take in the ocean and peninsula views On Top of the World at 309 Mount Devon Road.

Last Agent to Sell the Property

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 01/07/2022

Coldwell Banker Realty

Last Buyer's Agent

Tim Allen

Coldwell Banker Realty License #00891159 Listed on: 01/07/2022

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,774

Year Built

  • 2010

Lot Details

  • 84.17 Acre Lot

Parking

  • 3 Car Garage
  • Electric Gate
  • Guest Parking

Property Views

  • Ocean
  • Bay
  • Ridge
  • Hills
  • Forest
  • Park or Greenbelt

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,005 Sq Ft Home
  • Beamed Ceilings
  • Vaulted Ceiling
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Utilities

  • Radiant Heating System
  • Power Generator
  • Propane
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,774

Year Built

2010

Lot Details

0

Parking

3

Listing Details

  • Zoning: WSC/40-D(CZ)
  • Subclass: Single Family Home
  • Age: 11
  • Listing Class: Residential
  • Structure Sq Ft: 6005
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2010

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Primary Bedroom
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 6005
  • Flooring: Hardwood
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tile
  • View: Bay, Forest / Woods, Greenbelt, Hills, Ocean, Ridge, Water

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Electric Gate, Guest / Visitor Parking

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Septic Connected

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Vaulted Ceiling

Schools

  • School District: Carmel Unified

Lot Info

  • Lot Acres: 84.1700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3666445.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3666445.00

Multi Family

  • Utilities: Generator, Propane On Site, Solar Panels - Owned

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Oct 11, 2022
Sold by
Lauch Joan A and Lauch Jerry W
Bought by
Harrell 2015 Management Trust
Seller's Agent
Tim Allen
Coldwell Banker Realty
Buyer's Agent
Tim Allen
Coldwell Banker Realty
List Price
$6,900,000
Sold Price
$6,600,000
Premium/Discount to List
-$300,000
-4.35%
Views
45
Current Estimated Value
$7,705,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,105,894
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Nov 1, 2004
Sold by
Peters Colin and Peters Carol
Bought by
Lauch Jerry W and Lauch Joan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,110,000
Interest Rate
5.69%
Mortgage Type
Unknown
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
Harrell 2015 Management Trust $6,600,000 Old Republic Title
Lauch Jerry W $1,850,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lauch Jerry W $1,500,000
Previous Owner Lauch Joan A $500,000
Previous Owner Lauch Jerry W $2,000,000
Previous Owner Lauch Joan A $3,000,000
Previous Owner Lauch Jerry W $1,110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $6,600,000 -4.3% $1,099 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $6,900,000 0.0% $1,149 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $6,900,000 0.0% $1,149 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $6,900,000 -- $1,149 / Sq Ft
Source: MLSListings

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 $69,774 $6,866,640 $2,601,000 $4,265,640
2024 $69,774 $6,732,000 $2,550,000 $4,182,000
2023 $69,413 $6,600,000 $2,500,000 $4,100,000
2022 $59,453 $6,600,000 $2,500,000 $4,100,000
2021 $58,864 $5,618,251 $2,382,363 $3,235,888
2020 $57,607 $5,560,643 $2,357,935 $3,202,708
2019 $56,505 $5,451,611 $2,311,701 $3,139,910
2018 $55,453 $5,344,718 $2,266,374 $3,078,344
2017 $54,306 $5,239,921 $2,221,936 $3,017,985
2016 $53,446 $5,137,178 $2,178,369 $2,958,809
2015 -- $5,060,013 $2,145,648 $2,914,365
2014 -- $4,960,895 $2,103,618 $2,857,277
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81873250

MLSListings

APN: 241-221-009-000