NOT LISTED FOR SALE

Estimated Value: $8,042,000 - $15,540,990

4 Beds
4.5 Baths
4,091 Sq Ft
$2,882/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $14,450,000 $3,532 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $77,331/month

30 Days on Market

Highlights

  • Ocean Front
  • In Ground Spa
  • 0.32 Acre Lot
  • El Morro Elementary School Rated A+
  • Ocean Side of Highway 1
  • 5-minute walk to Village Green

About This Home

As of June 2021

Years of thoughtfulness & effort have come together to create this rarely found new construction residence designed to epitomize the chic, beachside lifestyle Laguna Beach has to offer. The 4,091 sqft oceanfront modern masterpiece is ideally situated to maximize the close-up views of the Pacific Ocean’s sparkling waters, Catalina Island’s cascading cliff-sides, and the coastline’s roaring white-water, from nearly every room. Unique design features include a true open-concept architectural floor-plan offering a fully integrated smart home system, solar panels, elevator, and multiple Bi-folding doors that span the length of the home, seamlessly weaving the indoor and outdoor living spaces into one. The gourmet chef’s kitchen, characterized by professional series Miele appliances, custom Porcelanosa cabinetry & stone finishes, opens effortlessly to the great room detailed with a stacked stone accent wall that spans the length of the interior floating through to the exterior property wall. An expansive master suite, featuring breathtaking front row ocean views, bi-fold doors, louvered ceiling features, electrically charged privacy glass, zero edge shower, Porcelanosa vaanties & counter tops, and a walk in closet w/ elegant custom built-ins + refrigeration center, creates a level of ambiance otherwise found at beachside destinations around the world. A thoughtfully designed backyard space, complete with a spa & “swim in place” spool feature, provide a resort-like scenery in the privacy of your own home.

Last Agent to Sell the Property

Paul Daftarian

Luxe Real Estate License #01317949 Listed on: 05/28/2021

Co-Listed By

Michael Balliet

Luxe Real Estate License #02021742

Last Buyer's Agent

Farzan Parvizi

First Team Real Estate License #01125158

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $158,489

Year Built

  • Built in 2021

Lot Details

  • 0.32 Acre Lot
  • Ocean Front
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway Level

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • Bluff

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Turnkey

Interior Spaces

  • 4,091 Sq Ft Home
  • Entrance Foyer
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • All Upper Level Bedrooms

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating
  • Solar Heating System

Pool

  • In Ground Spa
  • Solar Heated Spa

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Exterior Lighting

Schools

  • El Morro Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Cooling System Powered By Gas
  • High Efficiency Air Conditioning
  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot B
  • Tax Tract Number 831
  • Assessor Parcel Number 05603209

Home Details

Home Type

Single Family

Est. Annual Taxes

$158,489

Year Built

Built in 2021

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Michael Balliet
  • Other Phone Number: 949.566.3801
  • Property Attached: No
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05603209
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 4091.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 3532.14
  • Room Type: All Bedrooms Up, Foyer
  • Spa Features: Private, In Ground, Solar Heated

Exterior Features

  • View: Bluff, Coastline, Panoramic, Water, White Water
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Zoned, Solar, ENERGY STAR Qualified Equipment
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned, Gas, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Laguna Beach Unified
  • Elementary School: El Morro
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: El Morro
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: ELMOR
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 13939.00
  • Lot Size Acres: 0.3200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13939.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access, Ocean Front, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: B
  • Tax Tract Number: 831

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jun 3, 2021
Sold by
Zibasara Llc
Bought by
Christopher Mark M and Roth Kristyn
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Farzan Parvizi
First Team Real Estate
List Price
$15,995,000
Sold Price
$14,450,000
Premium/Discount to List
-$1,545,000
-9.66%
Total Days on Market
30
Current Estimated Value
$11,791,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,658,505
Avg. Annual Appreciation
-4.75%

Purchase Details

Closed on
Jul 30, 2020
Sold by
Ahura Llc
Bought by
Zibasara Llc

Purchase Details

Listed on
Oct 24, 2017
Closed on
Dec 18, 2017
Sold by
Td Investment Group I Llc
Bought by
Ahura Llc
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Farah Modarres
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List Price
$4,199,000
Sold Price
$4,000,000
Premium/Discount to List
-$199,000
-4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.18%

Purchase Details

Closed on
May 26, 2016
Sold by
Bank Of The West
Bought by
Polycomp Trust Company

Purchase Details

Closed on
Mar 30, 2016
Sold by
First American Trust Fsb
Bought by
Polycomp Trust Company

Purchase Details

Closed on
Oct 6, 2009
Sold by
Castro Donald L
Bought by
Td Investment Group I Llc

Purchase Details

Closed on
Sep 17, 2009
Sold by
Castro Donald L
Bought by
Thacker Rahul

Purchase Details

Closed on
Mar 4, 2008
Sold by
Castro Donald L
Bought by
Mi Sueno Pacifica Ii Llc

Purchase Details

Closed on
Sep 4, 1996
Sold by
Cedie Castro and Cedie Esperanza Castro
Bought by
Castro Donald L
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
Christopher Mark M $14,450,000 North American Title Company
Zibasara Llc -- Accommodation
Ahura Llc -- Equity Title Co
Polycomp Trust Company -- None Available
Polycomp Trust Company -- None Available
Td Investment Group I Llc $2,500,000 Orange Coast Title
Thacker Rahul $300,000 None Available
Mi Sueno Pacifica Ii Llc -- None Available
Castro Donald L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ahura Llc $4,500,000
Previous Owner Castro Donald L $300,000
Previous Owner Castro Donald L $220,000
Previous Owner Castro Donald L $2,750,000
Previous Owner Castro Donald L $200,000
Previous Owner Castro Donald L $259,814
Previous Owner Castro Donald L $85,000
Previous Owner Castro Donald L $1,410,000
Previous Owner Castro Donald L $50,000
Previous Owner Castro Donald L $160,000
Previous Owner Castro Donald L $100,000
Previous Owner Castro Donald L $200,000
Previous Owner Castro Donald L $400,000
Previous Owner Castro Donald L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $14,450,000 0.0% $3,532 / Sq Ft
06/06/2021 06/06/21 Off Market $14,450,000 -- --
05/28/2021 05/28/21 For Sale $15,995,000 +299.9% $3,910 / Sq Ft
01/08/2018 01/08/18 Sold $4,000,000 0.0% --
01/08/2018 01/08/18 Sold $4,000,000 -4.7% $1,024 / Sq Ft
10/24/2017 10/24/17 For Sale $4,199,000 0.0% --
06/23/2017 06/23/17 Price Changed $4,199,000 -11.6% $1,074 / Sq Ft
01/17/2017 01/17/17 For Sale $4,749,000 -- $1,215 / 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 $158,489 $15,641,144 $13,897,720 $1,743,424
2024 $158,489 $15,334,455 $13,625,215 $1,709,240
2023 $154,786 $15,033,780 $13,358,054 $1,675,726
2022 $152,224 $14,739,000 $13,096,131 $1,642,869
2021 $58,738 $5,623,980 $4,280,491 $1,343,489
2020 $49,189 $4,850,706 $4,236,600 $614,106
2019 $41,475 $4,080,000 $4,080,000 $0
2018 $35,492 $3,490,551 $3,490,551 $0
2017 $34,796 $3,422,109 $3,422,109 $0
2016 $34,212 $3,355,009 $3,355,009 $0
2015 $34,104 $3,304,614 $3,304,614 $0
2014 $33,581 $3,239,882 $3,239,882 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21114371

California Regional Multiple Listing Service (CRMLS)

APN: 056-032-09