NOT LISTED FOR SALE

Estimated Value: $4,350,000 - $5,066,000

5 Beds
5.5 Baths
5,271 Sq Ft
$874/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $3,450,000 $655 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $27,737/month

79 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • Living Room with Fireplace
  • Olivenhain Pioneer Elementary Rated A
  • Maid or Guest Quarters
  • Retreat

About This Home

As of July 2021

Set on one of the BEST OCEAN VIEW lots in Olivenhain, this BRAND NEW home has over $470,000 in Buyer Options & Upgrades including surround sound/whole house audio, whole home water filtration system, LED & under cabinet lighting, Satin Nickel hardware, designer paint, DuChateau European Oak Strata flooring, and custom cabinetry and finishes. The main house has a sought-after open concept floor plan that includes a living room with fireplace, chef’s kitchen with center island, wet bar adjacent to the formal dining, and 16-ft. sliders to the backyard facing the sweeping panoramas. Upstairs is the master suite with two private view balconies, plus two ensuite bedrooms and a bonus room. There is an ensuite bedroom downstairs with a separate entrance, laundry rooms on both levels, whole-house surround sound, multiple patios, outdoor fireplace, 4-car tandem garage, and a detached casita with full bath, walk-in closet, & kitchenette that is great for guests or as an office. The open concept floor plan includes a living room with fireplace, chef’s kitchen with center island, wet bar adjacent to the formal dining and 16’ sliders to the backyard. Upstairs includes the master suite with dual sinks/vanities, soaking tub, rainshower, huge walk-in closet, & two private view balconies while two additional ensuite bedrooms with walk-in closets share a balcony with a loft-style bonus room. The fourth ensuite bedroom & a half bath are on the main floor and there is a laundry room on each level. The 4-car tandem garage has epoxy floors. The new neighborhood of One Oak in Olivenhain enjoys ocean breezes in a country setting but is just minutes to shopping and beaches. So new that the landscaping isn’t in yet but the backyard is all ready for a vanishing edge pool!

Last Agent to Sell the Property

Catherine Gilchrist-Colmar

Pacific Sotheby's International Realty License #00517562 Listed on: 03/13/2021

Pacific Sotheby's International Realty

Co-Listed By

Kathleen Gelcich

Pacific Sotheby's International Realty License #01503240

Last Buyer's Agent

Nick Taylor

Nick Taylor Ent. License #01510958

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021

Lot Details

  • 1.25 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot

HOA Fees

  • $374 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Tandem Garage
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Mountain
  • Valley

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 5,271 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Bonus Room

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Schools

  • Encinitas Union School District Elementary School
  • San Dieguito High School District Middle School
  • San Dieguito High School District

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Water Filtration System

Additional Features

  • Outdoor Fireplace
  • Detached Guest House

Community Details

  • Association fees include common area maintenance
  • Prime Association, Phone Number (951) 335-8563

Listing and Financial Details

  • Assessor Parcel Number 264-591-08-00
  • $1,430 annual special tax assessment

Home Details

Home Type

Single Family

Year Built

Built in 2021

Lot Details

0

HOA Fees

$374 per month

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Canyon De Oro
  • Neighborhood: One Oak in Olivenhain
  • Supplement: The open concept floor plan includes a living room with fireplace, chef’s kitchen with center island, wet bar adjacent to the formal dining and 16’ sliders to the backyard. Upstairs includes the master suite with dual sinks/vanities, soaking tub, rainshower, huge walk-in closet, & two private view balconies while two additional ensuite bedrooms with walk-in closets share a balcony with a loft-style bonus room. The fourth ensuite bedroom & a half bath are on the main floor and there is a laundry room on each level. The 4-car tandem garage has epoxy floors. The new neighborhood of One Oak in Olivenhain enjoys ocean breezes in a country setting but is just minutes to shopping and beaches. So new that the landscaping isn’t in yet but the backyard is all ready for a vanishing edge pool!
  • Estimated Living Space: 5,000 to 7,499 SqFt
  • LP / Sq Ft: 681.09
  • Price Per Sq Ft: 654.52
  • SP/ Sq Ft: 654.52
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 2021
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Equipment Available: Dishwasher, Disposal, Microwave, Refrigerator, Water Filtration, 6 Burner Stove, Built In Range, Double Oven, Ice Maker, Gas Range, Built-In, Counter Top
  • Fireplaces: 2
  • Fireplace: Fp In Living Room, Patio/Outdoors
  • Searchable Rooms: Bedroom Entry Level, Bonus Room, Dining Area, Great Room, Guest Maid, Master Retreat, Walk-In Closet, Walk-In Pantry
  • Total Bedrooms: 5
  • Bedrooms: 4
  • Master Bedroom Dimensions: 19x19
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 5271
  • Total Bathrooms: 6

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Guest House: Detached
  • Pool: See Remarks
  • Roof: Tile/Clay
  • View: Evening Lights, Mountains/Hills, Ocean, Panoramic, Valley/Canyon, Panoramic Ocean

Garage/Parking

  • Garage Details: Attached, Tandem
  • Garage Spaces: 4
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 8

Utilities

  • Cooling: Central Forced Air, Zoned Area(s)
  • Laundry Utilities: Electric, Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Zoned Areas, Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Community: OLIVENHAIN
  • Home Owner Association: Prime Association
  • Home Owner Association Fee Includes: Common Area Maintenance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 374.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 951-335-8563

Fee Information

  • CFD Mello Roos Fee: 1430.0
  • CFD Mello Roos Fee Reflects: Year
  • CFD Mello Roos Fee Frequency: Semi-Annually

Schools

  • School District URL: http://www.sduhsd.net/
  • Elementary School: Encinitas Union School District
  • Elementary School Website: http://www.eusd.k12.ca.us/
  • High School: San Dieguito High School District
  • Middle School Url: http://www.sduhsd.net/
  • Middle School: San Dieguito High School District

Lot Info

  • Lot Size: 1+ to 2 AC
  • Site: Cul-De-Sac
  • Topography: Level, Slope Gentle
  • Water District: OLIVENHAIN MUNICAL WATER DISTRI
  • Assessor Parcel Number: 264-591-08-00
  • Estimated Lot Sq Ft: 54450
  • Water District URL: http://www.olivenhain.com
  • Estimated Number of Acres: 1.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2023
Sold by
Watters Christopher S and Watters Rebekah D
Bought by
Shmily Trust
Current Estimated Value
$4,605,024

Purchase Details

Listed on
Mar 13, 2021
Closed on
Jun 30, 2021
Sold by
L And E Development Llc and Petrus Edmond
Bought by
Watters Christopher S and Watters Rebekah D
Seller's Agent
Catherine Gilchrist-Colmar
Pacific Sotheby's International Realty
Buyer's Agent
Nick Taylor
Nick Taylor Ent.
List Price
$3,795,000
Sold Price
$3,450,000
Premium/Discount to List
-$345,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$1,450,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2021
Closed on
Jun 25, 2021
Sold by
Petrus Edmond
Bought by
L And E Development Llc
Seller's Agent
Catherine Gilchrist-Colmar
Pacific Sotheby's International Realty
Buyer's Agent
Nick Taylor
Nick Taylor Ent.
List Price
$3,795,000
Sold Price
$3,450,000
Premium/Discount to List
-$345,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2021
Sold by
Shea Homes Limited Partnership
Bought by
Petrus Edmond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,101,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2015
Sold by
Rancho Summit Llc
Bought by
Shea Homes Limited Partnership

Purchase Details

Closed on
Mar 18, 2014
Sold by
Torrey Pacific Corporation
Bought by
Rancho Summit Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Shmily Trust -- --
Watters Christopher S $3,450,000 Chicago Title
L And E Development Llc -- None Available
Petrus Edmond $3,003,000 Fntg Builder Services
Shea Homes Limited Partnership $10,650,000 Chicago Title Company
Rancho Summit Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watters Christopher S $1,450,000
Previous Owner Petrus Edmond $2,101,000
Closed Shea Homes Limited Partnership $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $3,450,000 -3.9% $655 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/08/2021 05/08/21 Price Changed $3,590,000 -5.4% $681 / Sq Ft
03/13/2021 03/13/21 For Sale $3,795,000 -- $720 / Sq Ft
Source: San Diego MLS

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 $38,822 $3,731,167 $2,334,657 $1,396,510
2024 $38,822 $3,589,380 $2,288,880 $1,300,500
2023 $37,958 $3,450,000 $2,200,000 $1,250,000
2022 $37,225 $3,450,000 $2,200,000 $1,250,000
2021 $18,534 $1,665,310 $472,310 $1,193,000
2020 $5,265 $417,980 $417,980 $0
2019 $4,373 $409,785 $409,785 $0
2018 $4,288 $401,750 $401,750 $0
2017 $4,211 $393,873 $393,873 $0
2016 $4,075 $386,150 $386,150 $0
2015 $476 $42,010 $42,010 $0
2014 $248 $20,216 $20,216 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210006519

San Diego MLS

APN: 264-591-08