NOT LISTED FOR SALE

428 Acacia Ave Corona Del Mar, CA 92625

Corona Del Mar Neighborhood

Estimated Value: $7,021,000 - $7,697,418

4 Beds
5.5 Baths
3,249 Sq Ft
$2,234/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $5,595,000 $1,722 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $44,504/month

5 Days on Market

Highlights

  • Coastline Views
  • Wine Cellar
  • Rooftop Deck
  • Harbor View Elementary School Rated A
  • New Construction
  • 3-minute walk to Begonia Park

About This Home

As of April 2021

Exquisite new-construction residence by highly desirable custom home builder, Devco Homes. Richly detailed and filled with natural light, this single-family home offers 4 bedrooms, 5 1/2 baths, a custom chef’s kitchen, elevator access to all levels, and an oversized rooftop deck with views of the Newport harbor. Designed by Teale Architecture, all 4,449 sf (approx. 3249 livable, 796 sf rooftop deck, and 404 sf garage) are built to perfection with no detail overlooked. A premium selection of finishes and fixtures, including white oak hardwood floors, marble countertops, custom rift white oak cabinetry, European stone and tile accents, gives this home a sophisticated Napa farmhouse style. Additional highlights to include a private interior courtyard, wine wall, library lounge/office, master suite with private balcony, dual walk-in closets, fireplace and lavish spa bath. This quiet location offers privacy in the heart of Newport Beach/Corona del Mar, while providing all-access to the Village, beautiful beaches, Begonia Park, Fashion Island, John Wayne Airport, world class shopping, and dining.

Last Agent to Sell the Property

Andrew Deverian

Andrew Deverian License #02063185 Listed on: 03/12/2021

Last Buyer's Agent

Alison Mccormick

Arbor Real Estate License #00607959

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,465

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 3,411 Sq Ft Lot
  • Wood Fence
  • Sprinkler System
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Side by Side Parking

Property Views

  • Coastline
  • Bay

Home Design

  • Custom Home
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Roof
  • Board and Batten Siding
  • Stone Veneer
  • Stucco
  • Cedar

Interior Spaces

  • 3,249 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Library
  • Storage
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers
  • Utility Sink
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Soaking Tub
  • Separate Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Home Security

  • Alarm System
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

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

Schools

  • Corona Del Mar High School

Utilities

  • High Efficiency Air Conditioning
  • SEER Rated 13-15 Air Conditioning Units
  • Forced Air Zoned Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Natural Gas
  • Overhead Utilities
  • 220 Volts For Spa
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Tankless Water Heater
  • Water Purifier
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • ENERGY STAR Qualified Equipment for Heating
  • Property is near a park

Listing and Financial Details

  • Legal Lot and Block 12 / 429
  • Tax Tract Number 186
  • Assessor Parcel Number 45909506

Community Details

Overview

  • No Home Owners Association
  • Built by Devco Homes

Recreation

  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,465

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Architectural Style: Custom Built
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45909506
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 3249.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Elevator, Granite Counters, High Ceilings, Home Automation System, Living Room Deck Attached, Open Floorplan, Pantry, Pull Down Stairs to Attic, Recessed Lighting, Storage, Wet Bar, Wired for Sound
  • Stories: 3
  • Entry Location: Front/1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: ENERGY STAR Qualified Doors, Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1722.07
  • Room Type: Entry, Family Room, Kitchen, Laundry, Library, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Window Features: Double Pane Windows, Screens, Skylight(s)
  • Bathroom Features: Bathtub, Bidet, Low Flow Shower, Low Flow Toilet(s), Shower, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Linen Closet/Storage, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Self-Closing Drawers, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • View: Bay, Coastline
  • Fence: Yes
  • Fencing: Wood
  • Builder Name: Devco Homes
  • Patio And Porch Features: Covered, Patio Open, Front Porch, Roof Top
  • Pool Private: No
  • Roof: Shingle, Wood
  • Spa: No
  • Construction Materials: Board & Batten Siding, Cedar, Drywall Walls, Stone Veneer, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Free-Standing Range, Disposal, Gas Range, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Trash Compactor, Water Line to Refrigerator, Water Purifier
  • Electric: 220 Volts For Spa, 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Central, Zoned, Forced Air, Natural Gas, ENERGY STAR Qualified Equipment, High Efficiency
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Upper Level, Stackable, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned, Energy Star Qualified Equipment, High Efficiency, Seer Rated 13-15
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Gutters, Park, Sidewalks, Storm Drains

Schools

  • School District: Newport Mesa Unified
  • High School: Corona Del Mar
  • High School: Corona Del Mar
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Park Nearby, Sprinkler System, Utilities - Overhead
  • Lot Size Sq Ft: 3411.00
  • Lot Size Acres: 0.0783

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3411.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 429
  • Tax Census Tract: 627.01
  • Tax Lot: 12
  • Tax Tract Number: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Mar 24, 2021
Sold by
Devco Homes Llc
Bought by
Mutzke Hans D and Mutzke Michele Laroche
Seller's Agent
Andrew Deverian
Andrew Deverian
Buyer's Agent
Alison Mccormick
Arbor Real Estate
List Price
$5,595,000
Sold Price
$5,595,000
Current Estimated Value
$7,258,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,663,473
Avg. Annual Appreciation
7.17%
Original Mortgage
$2,500,000
Outstanding Balance
$2,259,965
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$5,286,208

Purchase Details

Listed on
Nov 27, 2019
Closed on
Nov 21, 2019
Sold by
Fouts Theodore D
Bought by
Devco Homes Llc
Seller's Agent
Melanie Greiner
RE/MAX One
Buyer's Agent
Melanie Greiner
RE/MAX One
List Price
$2,200,000
Sold Price
$2,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.96%
Original Mortgage
$3,081,692
Interest Rate
3.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Mutzke Hans D $5,595,000 California Title Company
Devco Homes Llc $2,200,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mutzke Hans D $2,500,000
Previous Owner Devco Homes Llc $3,081,692
Previous Owner Fouts Theodore D $700,000
Previous Owner Fouts Theodore D $715,000
Previous Owner Fouts Theodore D $500,000
Previous Owner Fouts Theodore D $400,000
Previous Owner Fouts Theodore D $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $5,595,000 0.0% $1,722 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $5,595,000 +154.3% $1,722 / Sq Ft
11/27/2019 11/27/19 Sold $2,200,000 0.0% $1,768 / Sq Ft
11/27/2019 11/27/19 Pending -- -- --
11/27/2019 11/27/19 For Sale $2,200,000 -- $1,768 / 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 $59,465 $5,582,617 $4,378,632 $1,203,985
2024 $59,465 $5,473,154 $4,292,776 $1,180,378
2023 $58,101 $5,365,838 $4,208,604 $1,157,234
2022 $57,183 $5,260,626 $4,126,082 $1,134,544
2021 $33,782 $3,029,704 $2,176,607 $853,097
2020 $25,185 $2,200,000 $2,154,289 $45,711
2019 $3,897 $176,857 $129,460 $47,397
2018 $4,005 $173,390 $126,922 $46,468
2017 $2,278 $169,991 $124,434 $45,557
2016 $2,232 $166,658 $121,994 $44,664
2015 $2,208 $164,155 $120,161 $43,994
2014 $2,158 $160,940 $117,807 $43,133
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Andrew Deverian

    Andrew Deverian

    (949) 514-4622

    1 in this area

    5 Total Sales

    Andrew Deverian
    Section Image
  • Alison Mccormick

    Buyer's Agent in 2021

    Alison Mccormick

    Arbor Real Estate

    (949) 355-4104

    3 in this area

    48 Total Sales

    Alison Mccormick
    Section Image

  • S

    Buyer Co-Listing Agent in 2021

    Susan Krueger

    Arbor Real Estate

    (949) 270-0440

    2 in this area

    6 Total Sales

    Susan Krueger
    Section Image
  • Melanie Greiner

    Seller's Agent in 2019

    Melanie Greiner

    RE/MAX

    (310) 575-2517

    10 in this area

    17 Total Sales

    Melanie Greiner
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21045719

California Regional Multiple Listing Service (CRMLS)

APN: 459-095-06

California Orange County Corona Del Mar 92625 Corona Del Mar

428 Acacia Ave, Corona Del Mar, CA

This home is located at 428 Acacia Ave, Corona Del Mar, CA 92625 since 12 March 2021 and is currently estimated at $7,258,473, approximately $2,234 per square foot. This property was built in 2021. 428 Acacia Ave is a home located in Orange County with nearby schools including Harbor View Elementary School, Corona del Mar Middle and High School, and Del Mar Lincoln Child Development Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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