NOT LISTED FOR SALE

Estimated Value: $7,531,000 - $19,692,472

7 Beds
8 Baths
11,100 Sq Ft
$1,088/Sq Ft Est. Value

Last Sold September 27, 2013

Last sale price $8,800,000 $793 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $76,876/month

27 Days on Market

Highlights

  • Ocean View
  • Dance Studio
  • 24-Hour Security
  • Newport Coast Elementary School Rated A
  • Wine Cellar
  • Projection Room

About This Home

As of September 2013

Perfection defines this magnificent Mediterranean custom Pelican Crest Estate by world renowned builder Mark Falcone. Privately situated, this elegant yet casual masterpiece reveals 7 bedrooms, 8 baths, choice of entertainment in multiple stunning spaces such as oversized formal dining with adjacent living room perfect for large events, or impress your wine enthusiast guests in your wine tasting room with 800 bottle wine cellar. Chefs will be able to create the finest culinary masterpieces in this state of the art kitchen with an antique center island. Enjoy romantic sunset, Catalina and harbor view from your grand master suite and loggia. Additional highlights are: home theater, maid quarters, gym and elevator. Disappearing pocket doors allow seamless flow from indoors to lush back yard that welcomes you with incredible ocean views, elegant pool, spa, outdoor dining and entertainment terraces! Subterranean car garage allows you to showcase 10 cars comfortably. Unsurpassed quality & craftsmanship throughout from thick, solid wood doors to hand- polished Venetian plaster, two original fireplaces from 16th & 18th century were delivered from Italy. Enjoy prestigious life style with walking distance to Pelican Hill Resort, just minutes from Fashion Island!

Last Agent to Sell the Property

Alona Tetter

Coldwell Banker Realty License #01706725 Listed on: 07/26/2013

Coldwell Banker Realty

Last Buyer's Agent

Marcus Gualter

Coldwell Banker Realty License #01079157

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $113,138

Year Built

  • Built in 2002

Lot Details

  • 0.53 Acre Lot
  • Fenced
  • Fence is in excellent condition
  • Landscaped
  • Front Yard

HOA Fees

Parking

  • 10 Car Direct Access Garage
  • Parking Available
  • Driveway
  • Gated Parking

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Spanish Tile Roof
  • Clay Roof
  • Copper Plumbing

Interior Spaces

  • 11,100 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Cathedral Ceiling
  • Recessed Lighting
  • Custom Window Coverings
  • Panel Doors
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Projection Room
  • Home Theater
  • Home Office
  • Library with Fireplace
  • Dance Studio
  • Storage
  • Laundry Room
  • Utility Room
  • Home Gym
  • Stone Flooring

Kitchen

  • Kitchenette
  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Walk-In Pantry
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bidet
  • Bathtub
  • Walk-in Shower

Home Security

  • Intercom
  • Smart Home
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Patio
  • Outdoor Fireplace
  • Terrace
  • Exterior Lighting
  • Gazebo
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Sewer on Bond
  • Phone System
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 15604
  • Assessor Parcel Number 47314218

Community Details

Overview

  • Built by Mark Falcone

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$113,138

Year Built

Built in 2002

Lot Details

0

HOA Fees

$735 per month

Parking

10

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Fire and Smoke Detection System
  • Subdivision Name Other: Pelican Crest (NCPC)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47314218
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 11100.00
  • Interior Amenities: Built-in Features, Balcony, Cathedral Ceiling(s), Coffered Ceiling(s), Crown Molding, Copper Plumbing Full, Granite Counters, Home Automation System, High Ceilings, Intercom, Phone System, Pantry, Recessed Lighting, Storage, Stone Counters, Wet Bar
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Door Features: Panel Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Library, Living Room, Outside
  • Levels: Three Or More
  • Price Per Square Foot: 792.79
  • Room Type: Dance Studio, Entry, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Great Room, Exercise Room, Library, Living Room, Master Bedroom, Main Floor Bedroom, Multi-Level Bedroom, Master Suite, Walk-In Pantry, Projection, Walk-In Closet, Office, Home Theatre, Utility Room, Wine Cellar
  • Spa Features: In Ground, Private
  • Window Features: Custom Covering
  • Bathroom Features: Bidet, Bathtub, Shower
  • Room Kitchen Features: Kitchen Island, Kitchenette, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Gazebo
  • Exterior Features: Lighting, Rain Gutters, Satellite Dish
  • View: Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Excellent Condition
  • Builder Name: Mark Falcone
  • Patio And Porch Features: Terrace
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Garage, Gated, Oversized, Private, Subterranean
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air, Zoned
  • Laundry Features: Common Area
  • Sewer: Sewer On Bond
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Pool, Tennis Court(s)
  • Association Fee: 485.00
  • Association #2 Fee: 250.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Front Yard, Landscaped, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 23126.00
  • Lot Size Acres: 0.5310

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23126.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 15604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2013
Closed on
Sep 16, 2013
Sold by
Kabykenova Raushan
Bought by
Ding Ding
Seller's Agent
Alona Tetter
Coldwell Banker Realty
Buyer's Agent
Marcus Gualter
Coldwell Banker Realty
List Price
$8,800,000
Sold Price
$8,800,000
Current Estimated Value
$12,079,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,279,491
Avg. Annual Appreciation
3.02%

Purchase Details

Closed on
Feb 15, 2008
Sold by
Kabykenova Raushan
Bought by
Kabykenova Raushan and The Raushan Kabykenova Living Trust

Purchase Details

Closed on
Aug 15, 2007
Sold by
Powers William C and Powers Carolyn C
Bought by
Kabykenova Raushan

Purchase Details

Closed on
Sep 10, 2004
Sold by
Hayashi Douglas J and Kamenar Dagmar
Bought by
Powers William C and Powers Carolyn C

Purchase Details

Closed on
Dec 15, 1998
Sold by
Irvine Community Development Company
Bought by
Hayashi Douglas J and Kamenar Dagmar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,750
Interest Rate
6.86%
Source: Public Records

Range of Values:

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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
Ding Ding $8,800,000 Equity Title
Kabykenova Raushan -- None Available
Kabykenova Raushan -- Fidelity National Title Co
Powers William C $9,500,000 Stewart Title Irvine
Hayashi Douglas J -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayashi Douglas J $250,000
Previous Owner Hayashi Douglas J $3,500,000
Previous Owner Hayashi Douglas J $250,000
Previous Owner Hayashi Douglas J $3,000,000
Previous Owner Hayashi Douglas J $1,030,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2013 09/27/13 Sold $8,800,000 0.0% $793 / Sq Ft
07/26/2013 07/26/13 For Sale $8,800,000 0.0% $793 / Sq Ft
07/09/2013 07/09/13 Off Market $8,800,000 -- --
05/16/2013 05/16/13 For Sale $8,800,000 0.0% $793 / Sq Ft
05/09/2013 05/09/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $8,800,000 -- $793 / 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 $113,138 $10,576,075 $5,227,030 $5,349,045
2023 $110,587 $10,368,701 $5,124,539 $5,244,162
2022 $108,765 $10,165,394 $5,024,058 $5,141,336
2021 $105,729 $9,966,073 $4,925,547 $5,040,526
2020 $105,758 $9,863,884 $4,875,042 $4,988,842
2019 $103,733 $9,670,475 $4,779,453 $4,891,022
2018 $101,665 $9,480,858 $4,685,738 $4,795,120
2017 $101,345 $9,294,959 $4,593,860 $4,701,099
2016 $102,545 $9,112,705 $4,503,784 $4,608,921
2015 $101,733 $8,975,824 $4,436,133 $4,539,691
2014 $99,387 $8,800,000 $4,349,235 $4,450,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13065230

California Regional Multiple Listing Service (CRMLS)

APN: 473-142-18