NOT LISTED FOR SALE

Estimated Value: $6,721,000 - $10,261,485

5 Beds
5.5 Baths
4,348 Sq Ft
$1,953/Sq Ft Est. Value

Last Sold October 15, 2024

Last sale price $11,500,000 $2,645 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $47,999/month

20 Days on Market

Highlights

  • White Water Ocean Views
  • Wine Cellar
  • Fishing
  • El Morro Elementary School Rated A+
  • Private Pool
  • Primary Bedroom Suite

About This Home

As of October 2024

Welcome to Reve-Sur-Mer, an elegant property situated at 390 Ledroit in prestigious North Laguna Beach. This luxurious home is crafted to mirror the charm of an exquisite French estate, offering a seamless blend of elegance and comfort. The main residence, designed on a true single level, includes three generously sized bedrooms and three and a half beautifully appointed bathrooms. The floor plan flawlessly merges indoor and outdoor spaces, providing breathtaking views of the coastline. Additionally, Reve-Sur-Mer features a delightful guest house, perfect for visitors seeking privacy. This standalone unit includes a cozy one-bedroom suite, a fully equipped kitchen, and a private entrance, ensuring guests enjoy both comfort and seclusion.
Enhancing the appeal is the pool house, which offers an extra bedroom, a chic bathroom, a dedicated office, and a wine storage room, perfect for the avid collector. The outdoor amenities include a private pool with stunning coastal views, providing a tranquil space for relaxation and entertainment.
Reve-Sur-Mer is more than just a home; it epitomizes refined living. Experience the height of luxury in this remarkable residence, inspired by the timeless elegance of French architecture and located in one of California’s most sought-after areas.

Last Agent to Sell the Property

Richard Dewey

Pacific Sotheby’s International Realty Brokerage Phone: 949-355-3223 License #01988199 Listed on: 06/03/2024

Pacific Sotheby’s International Realty

Co-Listed By

Colin Rice

Pacific Sotheby’s International Realty Brokerage Phone: 949-355-3223 License #02221842

Last Buyer's Agent

Celeste Gilles

Pacific Sotheby’s International Realty License #01209187

Pacific Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 0.31 Acre Lot
  • Gentle Sloping Lot

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • City Lights

Home Design

  • French Architecture
  • Mediterranean Architecture
  • Entry on the 1st floor

Interior Spaces

  • 4,348 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Ceiling Fan
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Living Room with Attached Deck
  • Living Room Balcony
  • Dining Room
  • Home Office
  • Bonus Room
  • Game Room
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Walk-In Pantry
  • Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Free-Standing Range
  • Range Hood
  • Ice Maker
  • Kitchen Island
  • Stone Countertops
  • Self-Closing Drawers

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Open Patio
  • Terrace

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 63
  • Tax Tract Number 1100
  • Assessor Parcel Number 05310108
  • $1,262 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • North Laguna Subdivision

Recreation

  • Fishing
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 9493553223
  • Property Attached: No
  • Security: Wired for Alarm System
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Architectural Style: French, Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05310108
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4348.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Crown Molding, In-Law Floorplan, Living Room Balcony, Living Room Deck Attached, Pantry, Stone Counters, Wainscoting
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2644.89
  • Room Type: Bonus Room, Den, Entry, Family Room, Formal Entry, Foyer, Game Room, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Exhaust Fan(s), Granite Counters, Main Floor Full Bath, Stone Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Ocean, White Water
  • Patio And Porch Features: Patio Open, Terrace
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Free-Standing Range, Gas Range, Ice Maker, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Watersports, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping
  • Lot Size Sq Ft: 13504.00
  • Lot Size Acres: 0.3100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13504.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.56
  • Tax Lot: 63
  • Tax Tract Number: 1100
  • TaxOtherAnnualAssessmentAmount: 1262.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Magher Craig F and Magher Virginia M
Bought by
Bianchi Revocable Living Trust and Bianchi
Current Estimated Value
$8,491,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2007
Sold by
Hutchinson Kathleen Duffin
Bought by
Magher Craig F and Magher Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2005
Sold by
Shaffer James
Bought by
Hutchinson Kathleen Duffin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
5.17%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 25, 2001
Sold by
Oppenheim Michael
Bought by
Shaffer James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.24%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 18, 2000
Sold by
Mark Zigner
Bought by
Oppenheim Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
Bianchi Revocable Living Trust $11,500,000 First American Title
Magher Craig F $4,552,500 Southland Title Corporation
Hutchinson Kathleen Duffin $4,000,000 Chicago Title Co
Shaffer James -- Gateway Title Company
Shaffer James -- Gateway Title Company
Oppenheim Michael -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bianchi Revocable Living Trust $9,000,000
Previous Owner Magher Craig F $1,200,000
Previous Owner Hutchinson Kathleen Duffin $2,600,000
Previous Owner Shaffer James $100,000
Previous Owner Shaffer James $1,000,000
Previous Owner Oppenheim Michael $1,000,000
Closed Oppenheim Michael $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2024 10/15/24 Sold $11,500,000 0.0% $2,645 / Sq Ft
06/23/2024 06/23/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $11,500,000 -- $2,645 / 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 $46,875 $11,500,000 $10,622,521 $877,479
2024 $46,875 $4,517,561 $3,550,506 $967,055
2023 $46,995 $4,517,561 $3,550,506 $967,055
2022 $46,053 $4,428,982 $3,480,888 $948,094
2021 $45,111 $4,342,140 $3,412,636 $929,504
2020 $45,032 $4,342,140 $3,412,636 $929,504
2019 $44,681 $4,257,000 $3,345,721 $911,279
2018 $45,185 $4,257,000 $3,345,721 $911,279
2017 $45,098 $4,257,000 $3,345,721 $911,279
2016 $41,042 $3,862,011 $2,950,732 $911,279
2015 $40,461 $3,804,000 $2,906,409 $897,591
2014 $37,725 $3,509,000 $2,611,409 $897,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG24107632

California Regional Multiple Listing Service (CRMLS)

APN: 053-101-08