NOT LISTED FOR SALE

Estimated Value: $8,928,000 - $10,601,850

6 Beds
6.5 Baths
5,493 Sq Ft
$1,747/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2016

Last sale price $7,525,000 $1,370 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $60,082 / mo

Highlights

  • Ocean View
  • Property has ocean access
  • Heated Pool
  • El Morro Elementary School Rated A+
  • 24-Hour Security
  • Primary Bedroom Suite

About This Home

As of May 2023

This luxury 6 bedroom residence is the perfect beachside property to enjoy a getaway with all the amenities the Emerald Bay community offers. Flawless custom construction seamlessly incorporates a clean contemporary style with affluent coastal living. Designed for ultimate privacy, entertaining, relaxing, and enjoying the expansive ocean and Catalina views. Over 5,000 square feet of spacious living surround an exquisite outdoor courtyard complete with a spa, waterfalls, covered dining loggia, fireplace, grilling station, lounge areas, and lush landscaping. Nearly every room welcomes ocean breezes and ample natural sunlight through over-scale windows. Several balconies wrap the front exterior of the home extending the living area. The chef's kitchen boasts high-end appliances, a large island and a dumb waiter to transport food items from the garage level. The three-car garage includes a space for a golf cart that will easily whisk you down to Emerald Bay’s pristine white sand beach. Emerald Bay is minutes away from John Wayne Airport, world class shopping at Newport’s Fashion Island, and charming Downtown Laguna Beach. List price is weekly. Property is available weekly and on a month to month basis. Please call for availability. See private remarks for specifics.

Last Agent to Rent the Property

Maura Short

Compass License #01883774 Listed on: 05/23/2023

Compass

Co-Listed By

Michelle Cormier

Compass License #02028389

Last Renter's Agent

Maura Short

Compass License #01883774 Listed on: 05/23/2023

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 6,490 Sq Ft Lot
  • Property fronts a private road
  • Stone Wall
  • Wood Fence
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Automatic Gate
  • Parking Permit Required

Property Views

  • Ocean
  • Bay
  • Catalina
  • Panoramic
  • Bluff
  • Hills
  • Neighborhood
  • Courtyard

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 5,493 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Wired For Sound
  • Beamed Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Bonus Room with Fireplace
  • Recreation Room
  • Game Room
  • Home Gym
  • Stone Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet

Bedrooms and Bathrooms

  • 6 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Walk-in Shower

Pool

  • Heated Pool
  • Fence Around Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Living Room Balcony
  • Covered Patio or Porch
  • Fireplace in Patio
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

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

Utilities

  • Zoned Heating and Cooling
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $30,000
  • Rent includes gardener, pool, sewer, trash collection
  • Available 10/14/22
  • Tax Lot 75
  • Tax Tract Number 977
  • Assessor Parcel Number 05307114

Community Details

Overview

  • Property has a Home Owners Association
  • $500 HOA Transfer Fee
  • Ebca Association
  • Emerald Bay Subdivision
  • Valley

Amenities

  • Card Room
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails
  • Bike Trail

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

6,490 Sq Ft Lot

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-10-14
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Other: 2000
  • Deposit Pets: 5000
  • Deposit Security: 30000
  • Furnished: Furnished
  • Pets Allowed: Breed Restrictions, Call
  • Transfer Fees: 500.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved, Privately Maintained
  • Security: 24 Hour Security, Gated with Attendant, Automatic Gate, Gated Community, Gated with Guard
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05307114
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5493.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Ceiling Fan(s), Furnished, Living Room Balcony, Living Room Deck Attached, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Bonus Room, Living Room, Master Bedroom, Outside, Patio, Gas, Gas Starter, Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 7.74
  • Room Type: Bonus Room, Exercise Room, Family Room, Game Room, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Office, Recreation, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, Association, Community, Heated, In Ground
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Privacy Toilet Door
  • Room Kitchen Features: Built-In Trash/Recycling, Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • View: Bay, Bluff, Catalina, Courtyard, Hills, Neighborhood, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Stone, Wood
  • Patio And Porch Features: Covered, Patio Open, Stone
  • Pool Features: Private, Association, Community, Fenced, Heated
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Permit Required, Private
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Microwave, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Tennis Court(s), Sport Court, Card Room, Guard
  • Association Name: EBCA
  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking, Park, Sidewalks, Storm Drains, Street Lights, Suburban, Valley

Lot Info

  • Additional Parcels: No
  • Lot Features: Lot 6500-9999, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 6490.00
  • Lot Size Acres: 0.1490

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Negotiable
  • Lot Size Area: 6490.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Pool, Sewer, Trash Collection
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Ocean Access

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 75
  • Tax Tract Number: 977

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2018
Sold by
Bought by
Current Estimated Value
$9,595,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,536,000
Outstanding Balance
$3,603,828
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,991,455

Purchase Details

Listed on
Jul 25, 2016
Closed on
Sep 23, 2016
Sold by
Bought by
Seller's Agent
Tad Baltzer
Riviera Properties
Buyer's Agent
Maura Short
Compass
List Price
$7,995,000
Sold Price
$7,525,000
Premium/Discount to List
-$470,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Original Mortgage
$5,000,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 2, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2000
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title
$7,525,000 Chicago Title Company
$4,425,000 Chicago Title Company
-- Equity Title Company
$1,350,000 Lawyers Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $500,000
Open $4,536,000
Closed $5,000,000
Previous Owner $500,000
Previous Owner $1,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2023 05/23/23 Rented $42,500 +144.3% --
05/23/2023 05/23/23 For Rent $17,400 -74.4% --
05/22/2023 05/22/23 Rented $68,000 +290.8% --
10/14/2022 10/14/22 For Rent $17,400 0.0% --
10/05/2016 10/05/16 Sold $7,525,000 -5.9% $1,428 / Sq Ft View Prior Sale
09/16/2016 09/16/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $7,995,000 -- $1,517 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $88,741 $8,733,407 $7,481,393 $1,252,014
2024 $86,993 $8,562,164 $7,334,699 $1,227,465
2023 $85,000 $8,394,279 $7,190,881 $1,203,398
2022 $83,406 $8,229,686 $7,049,884 $1,179,802
2021 $81,808 $8,068,320 $6,911,651 $1,156,669
2020 $80,965 $7,985,590 $6,840,781 $1,144,809
2019 $79,576 $7,829,010 $6,706,648 $1,122,362
2018 $78,031 $7,675,500 $6,575,145 $1,100,355
2017 $76,502 $7,525,000 $6,446,220 $1,078,780
2016 $49,101 $4,825,065 $3,698,566 $1,126,499
2015 $48,375 $4,752,589 $3,643,011 $1,109,578
2014 $47,457 $4,659,493 $3,571,650 $1,087,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG23089081

California Regional Multiple Listing Service (CRMLS)

APN: 053-071-14

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