NOT LISTED FOR SALE

Estimated Value: $4,197,000 - $18,021,191

5 Beds
7 Baths
7,358 Sq Ft
$1,472/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $8,888,888 $1,208 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $70,605/month

122 Days on Market

Highlights

  • White Water Ocean Views
  • Fitness Center
  • 24-Hour Security
  • El Morro Elementary School Rated A+
  • Wine Cellar
  • Home Theater

About This Home

As of September 2014

Nestled in the hills of Newport Coast, overlooking one of Southern California’s most beautiful shorelines, is the exclusive community of Crystal Cove. Here you will find 37 Moonshell and all the beauty that surrounds. Enjoy stunning sunrise views over El Moro Canyon and Abalone Point, spot whales and dolphins frolicking off Crystal Cove Beach, and watch the sunset on the Pacific all in the same day....pure bliss. Now, let’s turn our attention to the interior of this Tranquil Tuscan Estate where you will find a clean, sophisticated design that masterfully blends the old world charm of a Mediterranean Villa with the fresh, contemporary décor and modern amenities of the 21st Century. At the heart of this magnificent home is a gourmet chef’s kitchen with state of the art appliances and room to use them. Carry the fun downstairs to the subterranean level, where you will enjoy a brilliant billiards/media room, extensive wet bar area, wine cellar, powder room, and private courtyard with separate guest retreat. When it’s time to call it a night, slip into the elevator and disappear up into an expansive master suite with panoramic views of the ocean and canyons below. Come see what else this exquisite home has to offer...this is luxury living at its finest.

Last Agent to Sell the Property

Kelly Olauson

Allison James Estates & Homes License #01357902 Listed on: 04/26/2014

Allison James Estates & Homes

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $113,574

Year Built

  • Built in 2008

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Stucco Fence
  • Fence is in excellent condition
  • Back Yard

HOA Fees

  • $615 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Driveway
  • Golf Cart Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Views of a landmark

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Turnkey
  • Spanish Tile Roof

Interior Spaces

  • 7,358 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • High Ceiling
  • ENERGY STAR Qualified Windows
  • Custom Window Coverings
  • French Mullion Window
  • Casement Windows
  • French Doors
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Theater
  • Home Office
  • Atrium Room
  • Home Gym
  • Basement

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Gas and Electric Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Home Security System
  • Intercom
  • Smart Home
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Infinity Pool
  • In Ground Spa

Outdoor Features

  • Deck
  • Fireplace in Patio
  • Stone Porch or Patio
  • Lanai
  • Fire Pit
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater
  • Hot Water Circulator
  • Water Purifier

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 15918
  • Assessor Parcel Number 48911109

Community Details

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Meeting Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Hiking Trails

Additional Features

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$113,574

Year Built

Built in 2008

Lot Details

0

HOA Fees

$615 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Fire Sprinkler System, Gated with Guard, Security System
  • Subdivision Name Other: The Tides (TIDE)
  • View: Yes
  • Architectural Style: Contemporary, Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 48911109
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7358.00
  • Interior Amenities: Home Automation System, High Ceilings, Intercom, Pantry, Stone Counters, Wet Bar
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Fireplace Features: Dining Room, Family Room, Fire Pit, Living Room, Master Bedroom, Patio
  • Levels: Three Or More
  • Price Per Square Foot: 1208.06
  • Room Type: Atrium, Basement, Family Room, Formal Entry, Guest/Maid's Quarters, Great Room, Exercise Room, Living Room, Main Floor Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Office, Home Theatre, Wine Cellar
  • Spa Features: In Ground
  • Window Features: Casement Windows, Custom Covering, ENERGY STAR Qualified Windows, French/Mullioned
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Catalina, Coastline, Landmark, Ocean, Panoramic, Water, White Water
  • Fence: Yes
  • Fencing: Block, Stucco Wall, Excellent Condition
  • Patio And Porch Features: Deck, Lanai, Patio, Stone
  • Pool Features: In Ground, Infinity, Private
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Golf Cart Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Double Oven, Dishwasher, Gas & Electric Range, Hot Water Circulator, Range Hood, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Warming Drawer, Water Purifier
  • Heating Type: Central, Zoned
  • Laundry Features: Individual Room, Upper Level
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Gym/Ex Room, Hiking Trails, Meeting Room, Outdoor Cooking Area, Picnic Area, Playground, Pool, Recreation Room, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 615.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14710.00
  • Lot Size Acres: 0.3380

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14710.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 22
  • Tax Tract Number: 15918

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2014
Closed on
Aug 29, 2014
Sold by
W E Olauson Investments 1982 Limited
Bought by
Next Commerce Limited
Seller's Agent
Kelly Olauson
Allison James Estates & Homes
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$10,500,000
Sold Price
$8,888,888
Premium/Discount to List
-$1,611,112
-15.34%
Total Days on Market
122
Current Estimated Value
$10,833,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,944,842
Avg. Annual Appreciation
1.86%

Purchase Details

Closed on
Nov 5, 2007
Sold by
Standard Pacific Corp
Bought by
W E Olauson Investments 1982 Ltd and Weoi 1982 Trust

Purchase Details

Closed on
Sep 16, 2007
Sold by
Standard Pacific Corp
Bought by
Crystal Cove Community Assn
Source: Public Records

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Range of Values:

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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
Next Commerce Limited $8,889,000 Fidelity National Title
W E Olauson Investments 1982 Ltd $7,507,500 First American Title
Crystal Cove Community Assn -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner W E Olauson Investments 1982 Limited $4,380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $8,888,888 -7.4% $1,208 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
07/27/2014 07/27/14 Price Changed $9,600,000 -4.0% $1,305 / Sq Ft
06/14/2014 06/14/14 Price Changed $9,995,000 -4.8% $1,358 / Sq Ft
04/26/2014 04/26/14 For Sale $10,500,000 -- $1,427 / 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 $113,574 $10,473,638 $7,953,592 $2,520,046
2023 $111,131 $10,268,273 $7,797,639 $2,470,634
2022 $108,820 $10,066,935 $7,644,744 $2,422,191
2021 $106,861 $9,869,545 $7,494,847 $2,374,698
2020 $105,848 $9,768,345 $7,417,996 $2,350,349
2019 $104,309 $9,576,809 $7,272,545 $2,304,264
2018 $102,335 $9,389,029 $7,129,946 $2,259,083
2017 $101,170 $9,204,931 $6,990,143 $2,214,788
2016 $98,838 $9,024,443 $6,853,082 $2,171,361
2015 $97,114 $8,888,888 $6,750,142 $2,138,746
2014 $82,432 $7,490,000 $5,247,485 $2,242,515
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14085593

California Regional Multiple Listing Service (CRMLS)

APN: 489-111-09