NOT LISTED FOR SALE

Estimated Value: $8,322,000 - $13,349,448

5 Beds
5.5 Baths
6,500 Sq Ft
$1,648/Sq Ft Est. Value

Last Sold February 06, 2017

Last sale price $10,000,000 $1,538 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $65,828/month

643 Days on Market

Highlights

  • Ocean Front
  • In Ground Spa
  • Ocean Side of Highway 1
  • El Morro Elementary School Rated A+
  • Primary Bedroom Suite
  • Custom Home

About This Home

As of February 2017

Undeniably the best deal on the ocean! Reminiscent of classic sea villas along the Mediterranean Riviera, this finely appointed estate presents uncommon privacy and superlative ocean views. Sited on a prime oceanfront parcel in private, gated Smithcliffs, the home graciously accommodates both family living and large scale entertaining within a 5 bedroom, 6 bath, 6,500sf plan. A stone Provence-style gatehouse opens into the palm courtyard with limestone fireplace and spa feature. Enter the soaring rotunda foyer and the home immediately opens to the ocean. Main level library, great room, formal dining, and gourmet country kitchen all enjoy fireplaces, views from every vantage point and merge seamlessly to outdoor verandas. An exquisite master retreat on upper level has private oceanfront terrace, Emperador marble bath and extravagant closet. Guest casita with private courtyard entry, fireplace and spa bath. Craftsmanship and layers of fine materials are articulated throughout including Beaumaniere limestone, quartzite, granite and marble, glazed cabinetry, French doors, eight artisan fireplaces, picture windows, honed wood beam ceilings, and extensive water purification and security systems. A beautiful living experience in convenient North Laguna Beach.

Last Agent to Sell the Property

John Stanaland

The Agency License #01223768 Listed on: 04/15/2015

The Agency

Last Buyer's Agent

John Stanaland

The Agency License #01223768 Listed on: 04/15/2015

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 0.35 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Secluded Lot
  • Sprinklers on Timer
  • Wooded Lot

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Bluff
  • Courtyard

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Spanish Tile Roof

Interior Spaces

  • 6,500 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • French Doors
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room with Fireplace
  • Den with Fireplace
  • Library with Fireplace
  • Storage
  • Home Gym
  • Center Hall
  • Stone Flooring

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Intercom
  • Smart Home

Outdoor Features

  • In Ground Spa
  • Ocean Side of Highway 1
  • Balcony
  • Fireplace in Patio
  • Open Patio
  • Outdoor Fireplace
  • Terrace
  • Exterior Lighting
  • Rain Gutters
  • Wrap Around Porch

Schools

  • Thurston Middle School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Purifier
  • Water Softener
  • Phone System

Additional Features

  • Electronic Air Cleaner
  • Fireplace in Guest House

Community Details

  • Controlled Access

Listing and Financial Details

  • Tax Lot 62
  • Tax Tract Number 533
  • Assessor Parcel Number 05330162

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$460 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Maintained
  • Subdivision Name Other: Smithcliffs (SMC)
  • View: Yes
  • Architectural Style: Custom Built, Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05330162
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6500.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), Wired for Data, Electronic Air Cleaner, Granite Counters, Home Automation System, High Ceilings, Intercom, Living Room Deck Attached, Open Floorplan, Phone System, Pantry, Recessed Lighting, Storage, Stone Counters, Wired for Sound, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Country Kitchen, Dining Room
  • Fireplace Features: Den, Dining Room, Guest House, Kitchen, Library, Living Room, Master Bedroom, Outside, Patio
  • Levels: Two
  • Price Per Square Foot: 1538.46
  • Room Type: Center Hall, Dressing Area, Formal Entry, Foyer, Guest/Maid's Quarters, Great Room, Exercise Room, Library, Living Room, Main Floor Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Office
  • Spa Features: In Ground
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Courtyard, Ocean, Panoramic, White Water
  • Patio And Porch Features: Patio Open, Stone, Terrace, Wrap Around
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Direct Garage Access
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Oven, Range Hood, Microwave, Refrigerator, Trash Compactor, Water Purifier, Water Softener
  • Heating Type: Central, Fireplace(s), Zoned
  • Laundry Features: Individual Room, Upper Level
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access
  • Association Fee: 460.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Gutters, Street Lights

Schools

  • Middle Or Junior School: Thurston

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bluff, Lot 10000-19999 Sqft, Secluded, Sprinklers Timer, Sprinkler System, Treed Lot
  • Lot Size Sq Ft: 15307.00
  • Price Per Lot Square Foot: 777.42
  • Lot Size Acres: 0.3510

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15307.0000 Square Feet
  • Waterfront Features: Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 62
  • Tax Tract Number: 0533

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2022
Sold by
Dennis I Narlinger Vacation Residence Tr and Narlinger Dennis I
Bought by
Alicante Investment Partners Llc
Current Estimated Value
$10,712,816

Purchase Details

Closed on
Feb 28, 2020
Sold by
Narlinger Jeanne W
Bought by
Narlinger Dennis I and Narlinger Jeanne W

Purchase Details

Closed on
Apr 21, 2017
Sold by
Ias Management Llc
Bought by
Narlinger Dennis and Narlinger Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,800,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 15, 2015
Closed on
Jan 26, 2017
Sold by
Jensen Ronald P and Jensen Alexa C
Bought by
Ias Management Llc
Seller's Agent
John Stanaland
The Agency
Buyer's Agent
John Stanaland
The Agency
List Price
$18,995,000
Sold Price
$10,000,000
Premium/Discount to List
-$8,995,000
-47.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.77%

Purchase Details

Closed on
May 1, 2013
Sold by
Jensen Ronald P and Jensen Alexa C
Bought by
Jensen Ronald P and Jensen Alexa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,375,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 1997
Sold by
Rowland John Alan and Rowland Kim Deborah
Bought by
Jensen Ronald P and Jensen Alexa C

Purchase Details

Closed on
Apr 29, 1996
Sold by
Rowland John Alan and Rowland Kim
Bought by
Rowland John Alan and Rowland Kim Deborah

Purchase Details

Closed on
Sep 27, 1995
Sold by
Brinderson Parent Company
Bought by
Rowland John Alan and Rowland Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
7.58%
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
Alicante Investment Partners Llc -- None Listed On Document
Dennis I Narlinger Vacation Residence Trust -- None Listed On Document
Narlinger Dennis I -- Ticor Title
Narlinger Dennis I -- None Available
Narlinger Dennis I -- None Available
Narlinger Dennis -- Orange Coast Title Company
Ias Management Llc $10,000,000 Chicago Title Company
Jensen Ronald P -- First American Title Company
Jensen Ronald P $3,624,000 Stewart Title
Rowland John Alan -- --
Rowland John Alan $1,225,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Narlinger Dennis $6,800,000
Previous Owner Jensen Ronald P $3,375,000
Previous Owner Rowland John Alan $735,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2017 02/06/17 Sold $10,000,000 -16.0% $1,538 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
09/09/2016 09/09/16 Price Changed $11,900,000 -7.8% $1,831 / Sq Ft
09/08/2016 09/08/16 Price Changed $12,900,000 -21.8% $1,985 / Sq Ft
03/07/2016 03/07/16 Price Changed $16,500,000 -8.3% $2,538 / Sq Ft
10/14/2015 10/14/15 Price Changed $17,995,000 -5.3% $2,768 / Sq Ft
04/15/2015 04/15/15 For Sale $18,995,000 -- $2,922 / 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
2025 $116,862 $11,635,877 $8,982,765 $2,653,112
2024 $116,862 $11,407,723 $8,806,632 $2,601,091
2023 $114,481 $11,184,043 $8,633,953 $2,550,090
2022 $112,274 $10,964,749 $8,464,660 $2,500,089
2021 $110,064 $10,749,754 $8,298,686 $2,451,068
2020 $108,864 $10,639,529 $8,213,593 $2,425,936
2019 $106,698 $10,404,000 $8,052,542 $2,351,458
2018 $104,611 $10,200,000 $7,894,649 $2,305,351
2017 $51,511 $4,986,044 $3,359,133 $1,626,911
2016 $50,523 $4,888,279 $3,293,268 $1,595,011
2015 $49,753 $4,814,853 $3,243,800 $1,571,053
2014 $48,795 $4,720,537 $3,180,258 $1,540,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG15080558

California Regional Multiple Listing Service (CRMLS)

APN: 053-301-62