$11,700,000
SOLD AUG 21, 2018
4 Beds
5.5 Baths
5,421 Sq Ft
5,700 Sq Ft Lot

Recently Sold

$2,158 Per Sq Ft

9% Below List Price

123 Days on Market

Highlights

  • Private Dock Site
  • Marina View
  • Boat Slip
  • Abraham Lincoln Elementary School Rated A
  • Pier
  • 24-Hour Security

About This Home

As of April 2025

This waterfront home on the "Gold Coast" of Linda Isle is likely the finest harbor view property to come on the market in the last decade. Located near the south-western tip of Linda Isle, the property features spectacular unobstructed vistas of the main turning basin. From this location one can see all of the activity on the harbor and breathtaking sunsets. This Regency Style home features over 5,400 square feet of eminently livable space arranged in a thoughtful plan. Highlights include detailed paneling and moldings, generously proportioned rooms, an exceptional master suite with “his” and “hers” baths and dressing, large secondary bedroom suites, six fireplaces, an elevator, an elegant bar, and a handsome den.The home has 50' of waterfront with one of the largest deep water private docks in the harbor. The dock can accommodate a boat up to 81', as well as several side-ties. Linda Isle is a private 24-hour guard-gated island of 107 waterfront homes and features a private tennis court, beach club, and kids’ play area. Full of opportunity, this home is currently livable but presents an even more compelling opportunity for those who are looking to improve it.

Last Agent to Sell the Property

Robert Giem

Plus Real Estate License #01082750 Listed on: 04/18/2018

Last Buyer's Agent

Robert Giem

Plus Real Estate License #01082750 Listed on: 04/18/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $231,880

Year Built

  • Built in 1976

Lot Details

  • 5,700 Sq Ft Lot
  • Private Yard
  • Back Yard

HOA Fees

  • $561 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Marina
  • Coastline
  • Bay
  • Harbor
  • Views of a pier
  • Panoramic
  • City Lights

Interior Spaces

  • 5,421 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Den
  • Library
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Pier
  • Boat Slip
  • Private Dock Site
  • Rain Gutters

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 4003
  • Assessor Parcel Number 05046124

Community Details

Overview

  • Linda Isle HOA, Phone Number (949) 833-2600

Amenities

  • Laundry Facilities

Recreation

  • Tennis Courts

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$231,880

Year Built

Built in 1976

Lot Details

0

HOA Fees

$561 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: 24 Hour Security, Gated Community, Gated with Guard, Guarded
  • Subdivision Name Other: Linda Isle (LIND)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05046124
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5421.00 Square Feet
  • Interior Amenities: Elevator
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Kitchen, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2158.27
  • Room Type: Den, Family Room, Formal Entry, Foyer, Library, Living Room, Master Suite, Two Masters

Exterior Features

  • Exterior Features: Boat Slip, Dock Private, Pier
  • View: Bay, City Lights, Coastline, Harbor, Marina, Panoramic, Pier, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Tennis Court(s), Guard, Controlled Access
  • Association Fee: 561.00
  • Association Fee Frequency: Monthly
  • Association Name: Linda Isle HOA
  • Phone: 949-833-2600
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 5700.00
  • Lot Size Acres: 0.1309

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5700.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 630.05
  • Tax Lot: 38
  • Tax Tract Number: 4003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2023
Sold by
2475 Sch Llc
Bought by
38 Linda Isle Newport Beach Llc
Current Estimated Value
$18,813,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,500,000
Outstanding Balance
$11,307,344
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$7,505,997

Purchase Details

Closed on
Jan 15, 2019
Sold by
Security Eat 222 Inc
Bought by
2475 Sch Llc

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jul 23, 2018
Sold by
Cooper Court Llc
Bought by
Security Eat 222 Inc
Seller's Agent
Robert Giem
Plus Real Estate
Buyer's Agent
Robert Giem
Plus Real Estate
List Price
$12,850,000
Sold Price
$11,700,000
Premium/Discount to List
-$1,150,000
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%

Purchase Details

Listed on
Aug 8, 2017
Closed on
Oct 23, 2017
Sold by
Olmans Ii Joseph O and Olmans Annette
Bought by
Cooper Court Llc and The Linda Isle Trust
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Robert Giem
Plus Real Estate
List Price
$11,500,000
Sold Price
$11,000,000
Premium/Discount to List
-$500,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$5,000,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 10, 2016
Closed on
Jun 10, 2016
Sold by
Harris Lee
Bought by
Oltmans Ii Joseph O and Oltmans Annette
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Roderic Daley
Coldwell Banker Realty
List Price
$10,995,000
Sold Price
$10,480,000
Premium/Discount to List
-$515,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$5,764,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2001
Sold by
Warmington Np Associates Lp
Bought by
Baba Steven W and Baba Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,025
Interest Rate
6.87%
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 Type Sale Price Title Company
Grant Deed -- Lawyers Title Company
Grant Deed -- Lawyers Title
Grant Deed $11,700,000 Lawyers Title
Grant Deed $11,000,000 Chicago Title Co
Grant Deed $10,480,000 First American Title Company
Grant Deed $711,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,000,000 New Conventional
Open $11,500,000 New Conventional
Previous Owner $10,000,000 New Conventional
Previous Owner $8,000,000 Commercial
Previous Owner $3,000,000 Commercial
Previous Owner $5,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $5,764,000 Purchase Money Mortgage
Previous Owner $569,025 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 For Sale $29,000,000 +7.4% $5,605 / Sq Ft
04/25/2025 04/25/25 For Sale $27,000,000 -6.9% $5,218 / Sq Ft
04/22/2025 04/22/25 Sold $29,000,000 +7.4% $5,605 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
04/17/2025 04/17/25 Sold $27,000,000 +130.8% $5,218 / Sq Ft
02/24/2025 02/24/25 Pending -- -- --
08/21/2018 08/21/18 Sold $11,700,000 -8.9% $2,158 / Sq Ft
08/19/2018 08/19/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $12,850,000 +16.8% $2,370 / Sq Ft
10/30/2017 10/30/17 Sold $11,000,000 -4.3% $2,029 / Sq Ft
08/08/2017 08/08/17 For Sale $11,500,000 +9.7% $2,121 / Sq Ft
07/19/2016 07/19/16 Sold $10,480,000 -4.7% $1,933 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $10,995,000 -- $2,028 / 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 $231,880 $22,000,000 $20,047,652 $1,952,348
2023 $140,304 $13,347,736 $11,596,871 $1,750,865
2022 $138,002 $13,086,016 $11,369,481 $1,716,535
2021 $135,346 $12,829,428 $11,146,550 $1,682,878
2020 $122,974 $11,645,934 $11,032,256 $613,678
2019 $123,365 $11,700,000 $10,815,938 $884,062
2018 $115,948 $11,000,000 $10,188,814 $811,186
2017 $110,688 $10,480,000 $9,669,480 $810,520
2016 $54,376 $5,147,799 $4,348,639 $799,160
2015 $53,869 $5,070,475 $4,283,319 $787,156
2014 $52,524 $4,971,152 $4,199,415 $771,737
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18089416

California Regional Multiple Listing Service (CRMLS)

APN: 050-461-24