Seller's Agent in 2024
Jennie Sullivan
Compass
(760) 828-0091
1 in this area
34 Total Sales
4 Needlegrass Newport Beach, CA 92657
Newport Coast NeighborhoodEstimated Value: $7,908,000 - $11,711,100
5
Beds
5.5
Baths
6,105
Sq Ft
$1,520/Sq Ft
Est. Value
Highlights
- Ocean View
- Wine Cellar
- Heated Spa
- Newport Coast Elementary School Rated A
- Gated with Attendant
- Two Primary Bedrooms
About This Home
As of July 2024First time on the market this Fiano New Home Company Residence is located on 1/4 of an acre in the prestigious Pacific Ridge, an exclusive 24 hour guard gated community in Newport Coast. Built in 2016, this exquisite 5 bedroom, 5.5 bathroom residence has two primary bedrooms, one upstairs and one downstairs positioned with the best panoramic ocean views Newport Coast has to offer backing to open space with no neighbors behind.
Upon entering, you'll be greeted by high ceilings and floor-to-ceiling windows that bathe the interior in natural light, providing open, panoramic, and water views. The southwestern exposure ensures a constant influx of warm sunlight throughout the day.
With over 6100 sqft, this home offers a highly functional floorplan for your busy lifestyle. This open floorplan concept celebrates the gorgeous chef’s kitchen with quartzite countertops, top-of-the-line Wolf stainless steel appliances, a Sub-Zero refrigerator, a butler’s pantry located just off the kitchen, walk in pantry and a custom 1,000 bottle climate controlled wine room and formal dining.
The main floor primary suite overlooks the backyard with endless views and offers dual vanities, a soaking tub and two oversized closets conveniently opening into the laundry room. The spacious upstairs primary room offers gorgeous ocean views, dual vanities, soaking tub and separate shower and walk in closet.
Each bedroom is en suite, upstairs you will find a bonus family room/den that provides additional space for relaxation or entertainment and right outside the courtyard is your own private home gym.
Situated on over a 1⁄4 of an acre, the outside boasts the perfect oasis for entertaining. Each detail was thoughtfully positioned to capture the stunning views. The sliding doors off the living room open to create a seamless outside inside space. Soak in your private hot tub or enjoy the warmth by the firepit.
Residents of Pacific Ridge enjoy an array of resort-like amenities including community pool, sport courts, fields and a playground, 24-hour guard gated security, close proximity to prestigious schools, pristine hiking/biking trails, world-class shopping and dining at Fashion Island Mall and Pelican Hill Golf Course.
Last Agent to Sell the Property
Compass Brokerage Phone: 760-828-0091 License #01825678 Listed on: 06/25/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $73,200
Year Built
- Built in 2016
Lot Details
- 0.27 Acre Lot
- Cul-De-Sac
- Glass Fence
- Back and Front Yard
HOA Fees
- $485 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Garage Door Opener
- Driveway
Property Views
- Ocean
- Coastline
- Panoramic
- Canyon
Home Design
- Entry on the 1st floor
- Spanish Tile Roof
Interior Spaces
- 6,105 Sq Ft Home
- 2-Story Property
- Open Floorplan
- High Ceiling
- Ceiling Fan
- Gas Fireplace
- Wine Cellar
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Bonus Room
- Home Gym
- Tile Flooring
- Alarm System
Kitchen
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Six Burner Stove
- Warming Drawer
- Dishwasher
- Kitchen Island
- Quartz Countertops
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Double Master Bedroom
- Walk-In Closet
- In-Law or Guest Suite
- Bathroom on Main Level
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Multiple Shower Heads
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Balcony
- Covered Patio or Porch
- Fire Pit
Utilities
- Two cooling system units
- Central Heating and Cooling System
- Space Heater
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 58
- Tax Tract Number 15811
- Assessor Parcel Number 47725316
- $7,363 per year additional tax assessments
Community Details
Overview
- Pacific Ridge Association, Phone Number (949) 497-3440
- Powerstone Property Management HOA
- Built by The New Home Company
- Fiano Subdivision
- Foothills
- Property is near a preserve or public land
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Picnic Area
Recreation
- Community Playground
- Community Pool
- Community Spa
- Hiking Trails
- Bike Trail
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2024
Closed on
Jul 5, 2024
Sold by
Alter Robert A and Alter Joanne
Bought by
Donna Denise Daniels And Patrick Braxton Dani and Daniels
Seller's Agent
Jennie Sullivan
Compass
Buyer's Agent
DeAnn Carroll
Compass
List Price
$12,599,000
Sold Price
$11,600,000
Premium/Discount to List
-$999,000
-7.93%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,320,300
Avg. Annual Appreciation
-17.23%
Original Mortgage
$5,800,000
Outstanding Balance
$5,726,222
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$3,553,478
Purchase Details
Closed on
Jun 7, 2016
Sold by
The New Home Company Southern California
Bought by
Alter Robert A and Alter Joanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Donna Denise Daniels And Patrick Braxton Dani | $11,600,000 | Chicago Title | |
| Alter Robert A | $5,509,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Donna Denise Daniels And Patrick Braxton Dani | $5,800,000 | |
| Previous Owner | Alter Robert A | $2,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2024 07/24/24 | Sold | $11,600,000 | -7.9% | $1,900 / Sq Ft |
| 06/29/2024 06/29/24 | Pending | -- | -- | -- |
| 06/25/2024 06/25/24 | For Sale | $12,599,000 | -- | $2,064 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $73,200 | $11,600,000 | $9,366,141 | $2,233,859 |
| 2024 | $73,200 | $6,268,015 | $4,601,141 | $1,666,874 |
| 2023 | $71,709 | $6,145,113 | $4,510,922 | $1,634,191 |
| 2022 | $70,075 | $6,024,621 | $4,422,472 | $1,602,149 |
| 2021 | $68,916 | $5,906,492 | $4,335,757 | $1,570,735 |
| 2020 | $68,623 | $5,845,929 | $4,291,299 | $1,554,630 |
| 2019 | $67,918 | $5,731,303 | $4,207,155 | $1,524,148 |
| 2018 | $66,638 | $5,618,925 | $4,124,662 | $1,494,263 |
| 2017 | $66,682 | $5,508,750 | $4,043,786 | $1,464,964 |
| 2016 | $8,446 | $96,466 | $96,466 | $0 |
| 2015 | $7,797 | $95,017 | $95,017 | $0 |
| 2014 | $7,712 | $93,156 | $93,156 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jennie Sullivan
-
DeAnn Carroll
Buyer's Agent in 2024
DeAnn Carroll
Compass
(949) 636-4783
1 in this area
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24129738
APN: 477-253-16
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