Seller's Agent in 2018
Tim Smith
Coldwell Banker Realty
(949) 478-2295
6 in this area
677 Total Sales
40 N La Senda Dr Laguna Beach, CA 92651
Three Arch Bay NeighborhoodEstimated Value: $4,050,000 - $12,402,130
4
Beds
6
Baths
3,545
Sq Ft
$2,293/Sq Ft
Est. Value
Highlights
- Ocean Front
- Ocean Side of Highway 1
- Multi-Level Bedroom
- El Morro Elementary School Rated A+
- 0.95 Acre Lot
- Clubhouse
About This Home
As of December 2018ABSOLUTE AUCTION, WITHOUT RESERVE by DeCaro Auctions International. Breathtaking panoramic ocean views surround this rare beachfront estate in the exclusive seaside community of Three Arch Bay. Gracefully situated above a private cove and completely immersed in nature, the magnificent setting includes cobblestone paths that wind through the grounds, an oceanfront terrace spanning the width of the property, and an awe-inspiring lighthouse complete with viewing room and bathroom. Built by Edward H. Griffith, a famous director and producer in early American filmmaking, this historically significant residential compound remains a treasured landmark along the Laguna Beach coastline. In addition to the property’s celebrated lighthouse, the compound encompasses three separate living structures; two guest cottages and a nautical-style main house with reclaimed finishes including custom millwork, cage elevator, porthole windows, and a ship’s staircase. Private steps lead down to the sand which make this an incredible opportunity to own a residence with endless possibilities in a setting of unrivaled beauty.
Last Agent to Sell the Property
Coldwell Banker Realty License #01346878 Listed on: 11/01/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,391
Year Built
- Built in 1929
Lot Details
- 0.95 Acre Lot
- Ocean Front
- Property fronts a private road
- Cul-De-Sac
- Brick Fence
- Landscaped
- Secluded Lot
- Irregular Lot
- Lawn
- Front Yard
HOA Fees
Parking
- 6 Car Garage
- Parking Available
Property Views
- White Water Ocean
- Coastline
- Catalina
- Panoramic
- Bluff
- Courtyard
Interior Spaces
- 3,545 Sq Ft Home
- 2-Story Property
- Built-In Features
- Wainscoting
- Beamed Ceilings
- Family Room with Fireplace
- Great Room
- Living Room with Fireplace
- Den
- Bonus Room
- Storage
- Laundry Room
- Wood Flooring
- Basement
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Gas Cooktop
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Multi-Level Bedroom
- Dressing Area
- Maid or Guest Quarters
Outdoor Features
- Property has ocean access
- Beach Access
- Ocean Side of Highway 1
- Stone Porch or Patio
- Exterior Lighting
Location
- Property is near a clubhouse
- Suburban Location
Schools
- El Morro Elementary School
- Thurston Middle School
- Laguna Beach High School
Listing and Financial Details
- Tax Lot 21
- Tax Tract Number 3
- Assessor Parcel Number 05617234
Community Details
Overview
- Three Arch Bay Association, Phone Number (949) 499-4567
Amenities
- Community Fire Pit
- Community Barbecue Grill
- Clubhouse
Recreation
- Tennis Courts
Security
- Security Guard
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2018
Closed on
Dec 7, 2018
Sold by
Hallman Kelly
Bought by
Braff David H
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Meital Taub
Livel Real Estate
List Price
$19,900,000
Sold Price
$10,147,500
Premium/Discount to List
-$9,752,500
-49.01%
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
-$2,020,457
Avg. Annual Appreciation
-3.18%
Purchase Details
Closed on
Sep 4, 2014
Sold by
City National Bank
Bought by
Smith Kelly and Kelly A Smith Trust
Purchase Details
Closed on
Mar 20, 2000
Sold by
Smith L Beth
Bought by
City National Bank and The 306 Bryanstone Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Braff David H | $10,147,500 | None Available | |
| Braff David H | -- | First American Title Company | |
| Smith Kelly | -- | None Available | |
| City National Bank | -- | Chicago Title Co |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/14/2018 12/14/18 | Sold | $10,147,500 | -49.0% | $2,862 / Sq Ft |
| 12/03/2018 12/03/18 | Pending | -- | -- | -- |
| 11/01/2018 11/01/18 | For Sale | $19,900,000 | -- | $5,614 / 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 | $21,391 | $1,692,269 | $1,166,402 | $525,867 |
| 2024 | $21,391 | $1,543,808 | $1,062,835 | $480,973 |
| 2023 | $22,427 | $1,751,473 | $1,226,031 | $525,442 |
| 2022 | $22,727 | $1,896,157 | $1,327,310 | $568,847 |
| 2021 | $22,217 | $1,828,585 | $1,280,009 | $548,576 |
| 2020 | $108,104 | $10,350,450 | $10,087,623 | $262,827 |
| 2019 | $105,575 | $10,147,500 | $9,889,826 | $257,674 |
| 2018 | $98,696 | $9,320,594 | $9,077,572 | $243,022 |
| 2017 | $96,053 | $9,137,838 | $8,899,581 | $238,257 |
| 2016 | $94,654 | $8,958,665 | $8,725,079 | $233,586 |
| 2015 | $92,425 | $8,824,098 | $8,594,020 | $230,078 |
| 2014 | $90,760 | $8,651,247 | $8,425,675 | $225,572 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Smith
-
Meital Taub
Buyer's Agent in 2018
Meital Taub
Livel Real Estate
(949) 922-9552
2 in this area
291 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP18264168
APN: 056-172-34
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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