NOT LISTED FOR SALE

Estimated Value: $8,639,000 - $11,909,962

5 Beds
5.5 Baths
5,000 Sq Ft
$2,055/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $14,188,000 $2,838 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $67,603/month

Highlights

  • Beach Front
  • White Water Ocean Views
  • Wine Cellar
  • Harbor View Elementary School Rated A
  • Property has ocean access
  • 4-minute walk to Corona Del Mar State Beach Park

About This Home

As of May 2022

Masterfully crafted to perfection, 3200 Breakers Drive sits prominently on the sand inside the only gated beachfront enclave within Corona del Mar. This architecturally significant estate exudes quality and boasts dynamic panoramas of shore break, coastline, Catalina Island, Newport Harbor channel entrance and nautical amusement creating an unrivaled sensory immersion. Every imaginable convenience has been thoughtfully designed to create a true entertainer’s dream home. Years of planning excellence are showcased in form and function throughout, while the lines between indoors and outdoors seem indiscernible. Custom European hickory wood flooring, board and batten detail, reclaimed barn wood ceilings, polished nickel fixtures, hand blown glass and rich stonework create a harmonious blend of texture throughout. The master retreat impresses with cathedral ceilings and spa-inspired bathroom complete with brilliant stonework, an ocean view soaking tub and vanity enhanced with golden natural sunlight. The kitchen boasts a 14-foot Calacatta Supremo book-matched island slab, elegant under-cabinet mood lighting and the highest quality appliances. Each private bedroom suite offers an ocean view and draws in an abundance of sunlight, framing the coastline and palms on the horizon. An Italian glass elevator descends into the climate-controlled wine cellar and tasting room showcasing an over 1,000 bottle display wall, built-in kegerator with dual taps and the organic backdrop of hand-chiseled rock walls sourced from a private quarry. Resort-style grounds embrace lush landscaping, an ocean view infinity-edge waterfall spa adorned with Mongolian basalt adjacent to the media room, and nearly 800 square feet of sun-drenched deck space above. The upper deck manifests relaxed sophistication with a wood burning fireplace, television lift system, built-in barbecue and a myriad of expanses for entertaining, basking or dining al-fresco. Everyday nuances of beach living are made easy with room for 8 vehicles, a private copper outdoor beach shower, surfboard racking system, a walk-in storage locker for surf and beach equipment, and Brazilian hardwood boardwalk. The handsome garage is complete with pristine epoxied flooring, workshop room and capacious walk-in storage room completely finished with custom reclaimed wood. This offering is a once in a lifetime opportunity to acquire a legacy estate in the most coveted location along Southern California’s coastal Riviera.

Last Agent to Sell the Property

Katrina Smith

Pinpoint Properties License #01740623 Listed on: 05/05/2022

Co-Listed By

Keaton Bassler

Compass License #02038619

Last Buyer's Agent

GENI ADDICOTT

Coldwell Banker Top Team License #01351381

Coldwell Banker Top Team

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017 | Remodeled

Lot Details

  • 7,228 Sq Ft Lot
  • Beach Front
  • Property fronts a private road
  • Property is zoned R1

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina

Home Design

  • Turnkey

Interior Spaces

  • 5,000 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wired For Sound
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Storage
  • Laundry Room
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Gas Range
  • Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Multiple Shower Heads
  • Separate Shower

Outdoor Features

  • Spa
  • Property has ocean access
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Fireplace in Patio
  • Patio
  • Outdoor Fireplace

Location

  • Across the Road from Lake or Ocean
  • Property is near park

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 1026
  • Assessor Parcel Number 05212012

Community Details

Overview

  • Breakers Dr Association, Phone Number (949) 673-2876
  • Corona Del Mar South Of Pch Subdivision

Amenities

  • Picnic Area

Recreation

  • Fishing
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2017 | Remodeled

Lot Details

7,228 Sq Ft Lot

HOA Fees

$100 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Maintained, Paved
  • Security: Card/Code Access, Gated Community
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Zoning: R1
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05212012
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5000.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Crown Molding, Elevator, Living Room Balcony, Living Room Deck Attached, Recessed Lighting, Stone Counters, Storage, Wainscoting, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Area, Dining Room, In Kitchen, Separated
  • Fireplace Features: Family Room, Master Bedroom, Outside, Patio
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2837.60
  • Room Type: Bonus Room, Den, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office, Separate Family Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Remodeled, Separate Tub And Shower, Soaking Tub, Stone Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean, Water, White Water
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Freezer, Disposal, Gas Range, Range Hood, Refrigerator, Water Purifier
  • Heating Type: Central, Forced Air, Zoned
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Biking Trails, Hiking Trails, Call for Rules, Management
  • Association Fee: 1200.00
  • Association Fee Frequency: Annually
  • Association Name: Breakers Dr
  • Phone: 949-673-2876
  • Senior Community: No
  • Community Features: Biking, Fishing, Park, Watersports
  • Association Management: Breakers Dr

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 7228.00
  • Lot Size Acres: 0.1659

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7228.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Beach Front, Fishing in Community, Ocean Access, Ocean Front, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 627.02
  • Tax Lot: 11
  • Tax Tract Number: 1026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Mar 18, 2022
Sold by
Jon M Muller Qualified Residence Trust and Melinda K Muller Qualified Residence Tru
Bought by
Breakers Cdm Llc
Seller's Agent
Katrina Smith
Pinpoint Properties
Buyer's Agent
GENI ADDICOTT
Coldwell Banker Top Team
List Price
$14,188,000
Sold Price
$14,188,000
Current Estimated Value
$10,274,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,913,519
Avg. Annual Appreciation
-7.94%

Purchase Details

Closed on
Dec 28, 2012
Sold by
Muller Melinda K
Bought by
Muller Jon M and Muller Melinda K

Purchase Details

Closed on
Mar 24, 2006
Sold by
Lee John O and Lee Betty Buckley
Bought by
Muller Sc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2000
Sold by
Weissman William R and Weissman Gwen C
Bought by
Lee John O and Lee Betty Buckley

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
7.77%

Purchase Details

Closed on
Jun 8, 1994
Sold by
Weissman William R
Bought by
Weissman William R and The Weissman Revocable Living Trust

Purchase Details

Closed on
Aug 16, 1993
Sold by
Weissman William R
Bought by
Weissman William R and Weissman Gwen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
7.2%
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
Breakers Cdm Llc $14,188,000 Fidelity National Title
Muller Jon M -- None Available
Muller Jon M -- None Available
Muller Jon M -- None Available
Muller Jon M -- None Available
Muller Jon M -- None Available
Muller Sc Llc $5,200,000 None Available
Lee John O $2,450,000 First American Title Co
Weissman William R -- --
Weissman William R -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muller Sc Llc $2,000,000
Previous Owner Lee John O $1,100,000
Previous Owner Weissman William R $515,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2022 05/05/22 Sold $14,188,000 0.0% $2,838 / Sq Ft
05/05/2022 05/05/22 For Sale $14,188,000 -- $2,838 / 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 $155,712 $15,056,418 $14,700,963 $355,455
2024 $155,712 $14,761,195 $14,412,709 $348,486
2023 $152,088 $14,471,760 $14,130,107 $341,653
2022 $67,901 $6,420,857 $6,144,009 $276,848
2021 $66,595 $6,294,958 $6,023,538 $271,420
2020 $65,957 $6,230,411 $5,961,774 $268,637
2019 $64,577 $6,108,247 $5,844,877 $263,370
2018 $63,285 $5,988,478 $5,730,272 $258,206
2017 $62,163 $5,871,057 $5,617,913 $253,144
2016 $60,759 $5,755,939 $5,507,758 $248,181
2015 $60,136 $5,664,143 $5,425,026 $239,117
2014 $59,883 $5,664,143 $5,425,026 $239,117
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22092440

California Regional Multiple Listing Service (CRMLS)

APN: 052-120-12

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