NOT LISTED FOR SALE

Estimated Value: $6,671,000 - $9,926,409

0.69 Acre
$11,347,201 Price per Acre
29,956 Sq Ft Lot

Last Sold May 12, 2024

Last sale price $4,500,000 $2,052 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $53,935/month

159 Days on Market

Highlights

  • White Water Ocean Views
  • 0.69 Acre Lot
  • No HOA
  • El Morro Elementary School Rated A+

About This Lot

As of May 2024

AUCTION BIDDING OPEN! Bidding ends April 11th, Previously Listed $13,900,000. Current High Bid is $4,500,000. No Reserve. Showings by Appointment. Create your ideal Southern California lifestyle on a three-quarter-of-an-acre beachfront property in exclusive South Laguna Beach. Sitting on a vegetated bluff overlooking the Pacific Ocean, your future dream home comes with the soundtrack of waves lapping the shore. This large lot offers an incredible opportunity to build a private retreat to your specifications. Panoramic ocean and coastline views stretch out before you, providing a stunning backdrop for entertaining and everyday living. Relish your direct access to Thousand Steps Beach, worth every one of its 218 steps. With breathtaking views and classic shore breaks, this spot is perfect for body surfing, beach bumming, and all-around relaxing. Spread out on the pristine sand and enjoy the view, or explore Laguna’s most beloved sea cave on the south side of the beach. Head back up to watch the sunset from the most exclusive seats in town: your custom paradise surrounded by family and friends.

Last Agent to Sell the Property

Garrett Weston

Coldwell Banker Realty Brokerage Phone: 714-425-6904 License #01385026 Listed on: 11/06/2023

Coldwell Banker Realty

Last Buyer's Agent

Garrett Weston

Coldwell Banker Realty Brokerage Phone: 714-425-6904 License #01385026 Listed on: 11/06/2023

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $128,557

Lot Details

  • 0.69 Acre Lot
  • Property is zoned R1

Property Views

  • White Water Ocean
  • Coastline
  • Catalina

Community Details

  • No Home Owners Association
  • South Laguna Bluffs Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 05616041
  • $1,777 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$128,557

Lot Details

0

Listing Details

  • Subdivision Name Other: South Laguna Bluffs (SLB)
  • View: Yes
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 05616041
  • Special Features: Auction
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 150.21

Exterior Features

  • View: Catalina, Coastline, Ocean, Water, White Water

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 29958.00
  • Lot Size Acres: 0.6877
  • Latitude Manual: 33.49769900

Multi Family

  • Lot Size Area: 29958.0000 Square Feet

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: 28
  • TaxOtherAnnualAssessmentAmount: 1777.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2025
Sold by
Rama Krishna Avula
Bought by
888 Pacific Holdings Llc
Current Estimated Value
$7,803,470

Purchase Details

Listed on
Nov 6, 2023
Closed on
Apr 23, 2024
Sold by
Saint Monica Coptic Orthodox Church
Bought by
Krishna Avula Rama
Seller's Agent
Garrett Weston
Coldwell Banker Realty
Buyer's Agent
Garrett Weston
Coldwell Banker Realty
List Price
$14,850,000
Sold Price
$4,500,000
Premium/Discount to List
-$10,350,000
-69.7%
Views
169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.82%

Purchase Details

Closed on
Sep 28, 2023
Sold by
Dimitry Hany and Dimitry Howayda
Bought by
Saint Monica Coptic Orthodox Church

Purchase Details

Listed on
Oct 15, 2015
Closed on
Mar 15, 2016
Sold by
Dimitry Hany and Dimitry Howayda
Bought by
Hhmc Group Llc
Seller's Agent
Pat Nunnikhoven
Berkshire Hathaway HomeService
Buyer's Agent
Dalia Maalouf
HomeKeys Realty
List Price
$7,500,000
Sold Price
$6,300,000
Premium/Discount to List
-$1,200,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.33%
Original Mortgage
$4,410,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 15, 2015
Closed on
Mar 9, 2016
Sold by
Aron Dana Jo
Bought by
Dimitry Hany and Dimitry Howayda
Seller's Agent
Pat Nunnikhoven
Berkshire Hathaway HomeService
Buyer's Agent
Dalia Maalouf
HomeKeys Realty
List Price
$7,500,000
Sold Price
$6,300,000
Premium/Discount to List
-$1,200,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,410,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 27, 2003
Sold by
Depaolo Thomas
Bought by
Depaolo Thomas
Source: Public Records

Range of Values:

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Average Value
Not Available
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
888 Pacific Holdings Llc -- None Listed On Document
Krishna Avula Rama $4,500,000 First American Title Company
Saint Monica Coptic Orthodox Church -- None Listed On Document
Dimitry Hany -- None Listed On Document
Dimitry Family Trust -- None Listed On Document
Hhmc Group Llc -- Accommodation
Dimitry Hany $6,300,000 Lawyers Title
Depaolo Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dimitry Hany $4,410,000
Previous Owner Dimitry Hany $4,410,000
Previous Owner Depaolo Thomas $500,000
Previous Owner Depaolo Thomas $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2024 05/12/24 Sold $4,500,000 0.0% $2,052 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
04/03/2024 04/03/24 Price Changed $4,500,000 -67.6% $2,052 / Sq Ft
01/15/2024 01/15/24 Price Changed $13,900,000 -6.4% $6,338 / Sq Ft
11/06/2023 11/06/23 For Sale $14,850,000 +135.7% $6,772 / Sq Ft
04/07/2016 04/07/16 Sold $6,300,000 -16.0% $2,100 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
10/15/2015 10/15/15 For Sale $7,500,000 -- $2,500 / 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 $128,557 $12,500,000 $12,500,000 --
2023 $71,613 $6,884,114 $6,884,114 $0
2022 $70,160 $6,749,132 $6,749,132 $0
2021 $68,952 $6,616,797 $6,616,797 $0
2020 $67,716 $6,548,950 $6,548,950 $0
2019 $66,854 $6,420,540 $6,420,540 $0
2018 $68,064 $6,554,520 $6,294,648 $259,872
2017 $65,549 $6,426,000 $6,171,223 $254,777
2016 $13,705 $1,219,349 $937,975 $281,374
2015 $13,195 $1,201,034 $923,886 $277,148
2014 $12,967 $1,177,508 $905,788 $271,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23206109

California Regional Multiple Listing Service (CRMLS)

APN: 056-160-41