NOT LISTED FOR SALE

Estimated Value: $7,019,292 - $8,193,000

5 Beds
5.5 Baths
5,559 Sq Ft
$1,348/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $4,200,000 $756 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $44,973/month

8 Days on Market

Highlights

  • Ocean View
  • Rooftop Deck
  • Open Floorplan
  • Newport Heights Elementary Rated A
  • Primary Bedroom Suite
  • 2-minute walk to Cliff Drive Park

About This Home

As of March 2018

Setting the bar for perfection, this brand-new masterpiece by Graystone Custom Builders designates its own class. The deluxe residence provides an exhilarating layout with four ensuite bedrooms, four family rooms, six bathrooms, game room/office, mud room, butler’s pantry and a rooftop deck with ocean views. The immense kitchen was attentively designed with Calcutta counters, copious cabinetry and drawers, six-burner stove, double oven, wine fridge, dry bar, immense island, incredible walk-in pantry, and overlooks the living room, breakfast alcove and central courtyard – replete with brick masonry fireplace and full BBQ station. A luxurious master retreat presents thoughtful built-ins, organic illumination, sprawling private deck, finished walk-in closet, and a spa-like master bathroom with two separate vanities, oversized walk-in shower, independent soaking tub and access to the dreamlike laundry room with drying rods, cabinetry and basin. The arrangement of soaring beamed ceilings, custom shiplap and grid paneled wall treatments, concrete and stone finishes, French white oak flooring, walls of windows and bifold doors, demonstrate the details in this expansive home were meticulously selected and eminently constructed. Located in a desirable location of Newport Heights, with proximity to elite schools, Cliff Drive Park, and nearby shopping and dining.

Last Agent to Sell the Property

Casey Lesher

Christie's International R.E. Southern California License #01795953 Listed on: 01/24/2018

Christie's International R.E. Southern California

Last Buyer's Agent

Casey Lesher

Christie's International R.E. Southern California License #01795953 Listed on: 01/24/2018

Christie's International R.E. Southern California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,691

Year Built

  • Built in 2018 | Remodeled

Lot Details

  • 6,375 Sq Ft Lot
  • Landscaped
  • Front Yard

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Three Garage Doors

Property Views

  • Ocean
  • Catalina
  • City Lights
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 5,559 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Loft
  • Bonus Room
  • Game Room
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Linen Closet In Bathroom

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Enclosed Patio or Porch
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near a park

Schools

  • Newport Heights Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Two cooling system units
  • Forced Air Heating System
  • High-Efficiency Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 256
  • Assessor Parcel Number 04903117

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,691

Year Built

Built in 2018 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Wired for Alarm System
  • Subdivision Name Other: Newport Heights (NEWH)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04903117
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5559.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Recessed Lighting, Stone Counters, Wired for Data, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Outside
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 755.53
  • Room Type: Bonus Room, Den, Dressing Area, Entry, Family Room, Formal Entry, Game Room, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Loft, Master Bedroom, Master Suite, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Linen Closet/Storage, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Catalina, City Lights, Neighborhood, Ocean
  • Patio And Porch Features: Deck, Enclosed, Patio, Porch, Front Porch, Roof Top
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Heights
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport Heights
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWHEI
  • High School2: NEWHAR

Green Features

  • Efficiency: Appliances, Construction, Doors, HVAC, Insulation, Lighting, Water Heater

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Park Nearby
  • Lot Size Sq Ft: 6375.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 634.00
  • Tax Lot: 7
  • Tax Tract Number: 256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2025
Sold by
Kaplan Marc B
Bought by
Marc B Kaplan Trust and Kaplan
Current Estimated Value
$7,493,823

Purchase Details

Closed on
Jan 15, 2019
Sold by
418 Redlands Llc
Bought by
Kaplan Marc B and Kaplan Tricia

Purchase Details

Listed on
Jan 24, 2018
Closed on
Mar 27, 2018
Sold by
Kaplan Marc B and Kaplan Tricia
Bought by
418 Redlands Llc
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Casey Lesher
Christie's International R.E. Southern California
List Price
$4,250,000
Sold Price
$4,200,000
Premium/Discount to List
-$50,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$2,730,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 24, 2018
Closed on
Feb 7, 2018
Sold by
Newport Beach Partnersphip Llc
Bought by
Kaplan Marc B and Kaplan Tricia
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Casey Lesher
Christie's International R.E. Southern California
List Price
$4,250,000
Sold Price
$4,200,000
Premium/Discount to List
-$50,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,730,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 23, 2016
Closed on
May 9, 2016
Sold by
Willow Joyce L C M Red
Bought by
Newport Beach Partnership
Seller's Agent
Travis White
Real Broker
Buyer's Agent
Dian Markstrom
Desert Estates Development
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.10%
Source: Public Records

Range of Values:

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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
Marc B Kaplan Trust -- None Listed On Document
Kaplan Marc B -- None Available
418 Redlands Llc -- None Available
418 Redlands Llc -- None Available
Kaplan Marc B $4,200,000 Ticor Title
Newport Beach Partnership $1,500,000 Western Resources Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaplan Marc B $2,728,000
Previous Owner Kaplan Marc B $2,730,000
Previous Owner Kaplan Marc B $2,730,000
Previous Owner Kaplan Marc B $2,730,000
Previous Owner Willow Joyce L C M Red $1,102,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 Sold $4,200,000 -1.2% $756 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $4,250,000 +183.3% $765 / Sq Ft
06/27/2016 06/27/16 Sold $1,500,000 -6.3% $959 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $1,600,000 0.0% $1,023 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/23/2016 04/23/16 For Sale $1,600,000 -- $1,023 / 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 $49,691 $4,778,880 $2,662,853 $2,116,027
2024 $49,691 $4,685,177 $2,610,640 $2,074,537
2023 $48,532 $4,593,311 $2,559,451 $2,033,860
2022 $47,732 $4,503,247 $2,509,266 $1,993,981
2021 $46,815 $4,414,949 $2,460,065 $1,954,884
2020 $46,366 $4,369,680 $2,434,840 $1,934,840
2019 $45,399 $4,284,000 $2,387,098 $1,896,902
2018 $29,252 $2,749,821 $1,495,942 $1,253,879
2017 $15,787 $1,466,610 $1,466,610 $0
2016 $5,671 $514,198 $424,922 $89,276
2015 $5,614 $506,475 $418,540 $87,935
2014 $5,481 $496,554 $410,341 $86,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18017872

California Regional Multiple Listing Service (CRMLS)

APN: 049-031-17