NOT LISTED FOR SALE

437 Pine Needles Dr Del Mar, CA 92014

Estimated Value: $6,992,000 - $10,280,879

5 Beds
7 Baths
4,839 Sq Ft
$1,688/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $6,400,000 $1,323 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $49,102/month

61 Days on Market

Highlights

  • Solar Heated In Ground Pool
  • Family Room with Fireplace
  • Home Office
  • Del Mar Heights School Rated A+
  • Retreat
  • 2 Car Attached Garage

About This Home

As of March 2021

Welcome to Del Mar's newest showpiece. Sprawling over 4,800 square feet and nestled into the natural cliffs surrounding it, this brand new 4 bedroom, 6+ bath home exudes natural light, luxury and extreme attention to detail. No expense was spared on the finishes of this architecturally significant, LEED Gold certified custom home.With light suffusing every inch, air flowing freely, and nature's palette coloring it all in, this one-of-a-kind home can be your everything, the place you belong. See supplement As you approach this mid-century masterpiece, you are greeted with an ultra-private, long drive edging the front yard, complete with an impressive grass lawn and gorgeous, vivid landscape. Enter this serene home with it's 9-foot custom lime green front door to a beautiful natural foyer. Two large entertainment decks front this home: one on the ground floor, one upstairs. Both areas open wide through floor-to-ceiling glass windows and disappearing doors, with peek ocean views through the famous Torrey Pines. The great room, including the upper deck, living room, dining room, kitchen (and butler's pantry ), and elevator, is a breezy and light-filled space, opening seamlessly to the backyard. The modern kitchen features clean lines and stream-lined counters in a smooth layout. Plentiful custom Farrow & Ball Studio Green cabinets are complimented with Breccia Capraia honed marble, wrapped waterfall style on the extra long island with seating for six and highlighted by SKLO pendants. Professional appliances include a paneled Sub Zero 30" refrigerator and 24" freezer, La Canche dual-fuel range imported from France, and paneled Fisher Paykel dishwasher drawers. A massive hidden pantry area houses a Sub Zero 30" wine fridge, Miele dishwasher, Dacor microwave and Bosch warming drawer. The large dining area floats between the kitchen and living room, with ample seating for 12 or more and features a custom Apparatus chandelier. Du Chateau wide plank white oak floors paired with dark wood beamed ceilings flow naturally through the great room area, strategically lit by Cedar & Moss can lighting. A stone sculpture wall with a fantastically long custom steel fireplace in the living room layers warm tones to the mix. The sizeable backyard and pool/spa area is framed in by natural sandstone cliffs and Torrey Pines. Completely private, this back patio winds around the home, providing each bedroom and the office with its own deck area, each boasting floor-to-ceiling glass walls. Each bedroom has its own en-suite bath, showcasing MGS faucets and shower fixtures, Louis Poulsen lighting, terrazzo floors by Concrete Collaborative, and Heath Ceramics tile. The master bath includes a long vanity with double sinks, MGS plumbing fixtures, RBW lighting, Health Ceramics tile, a free standing ex.t tub and separate glass-walled steam shower. The thoroughly thought out master walk-in closet features multiple custom built-ins and ample storage. The mud room, with direct access from the pool, offers a wide array of counters and cabinets, a Meile washer and dryer and large Alape sink. The custom elevator connects the great room to the ground floor family room and deck, as well as a guest suite complete with its own floor-to-ceiling glass windows and doors and exterior deck area. With light suffusing every inch, air flowing freely, and nature's palette coloring it all in, this one-of-a-kind home can be your everything, the place you belong, your home.

Last Agent to Sell the Property

Brett Combs

Compass License #01347012 Listed on: 11/09/2020

Compass

Last Buyer's Agent

Jennifer Anderson

Compass License #01885540

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019

Lot Details

  • 0.45 Acre Lot
  • Partially Fenced Property
  • Gentle Sloping Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Composition Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 4,839 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Home Office

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Solar Heated In Ground Pool

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 301-025-09-00

Home Details

Home Type

Single Family

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Ocean View
  • Neighborhood: Del Mar
  • Supplement: As you approach this mid-century masterpiece, you are greeted with an ultra-private, long drive edging the front yard, complete with an impressive grass lawn and gorgeous, vivid landscape. Enter this serene home with it's 9-foot custom lime green front door to a beautiful natural foyer. Two large entertainment decks front this home: one on the ground floor, one upstairs. Both areas open wide through floor-to-ceiling glass windows and disappearing doors, with peek ocean views through the famous Torrey Pines. The great room, including the upper deck, living room, dining room, kitchen (and butler's pantry ), and elevator, is a breezy and light-filled space, opening seamlessly to the backyard. The modern kitchen features clean lines and stream-lined counters in a smooth layout. Plentiful custom Farrow & Ball Studio Green cabinets are complimented with Breccia Capraia honed marble, wrapped waterfall style on the extra long island with seating for six and highlighted by SKLO pendants. Professional appliances include a paneled Sub Zero 30" refrigerator and 24" freezer, La Canche dual-fuel range imported from France, and paneled Fisher Paykel dishwasher drawers. A massive hidden pantry area houses a Sub Zero 30" wine fridge, Miele dishwasher, Dacor microwave and Bosch warming drawer. The large dining area floats between the kitchen and living room, with ample seating for 12 or more and features a custom Apparatus chandelier. Du Chateau wide plank white oak floors paired with dark wood beamed ceilings flow naturally through the great room area, strategically lit by Cedar & Moss can lighting. A stone sculpture wall with a fantastically long custom steel fireplace in the living room layers warm tones to the mix. The sizeable backyard and pool/spa area is framed in by natural sandstone cliffs and Torrey Pines. Completely private, this back patio winds around the home, providing each bedroom and the office with its own deck area, each boasting floor-to-ceiling glass walls. Each bedroom has its own en-suite bath, showcasing MGS faucets and shower fixtures, Louis Poulsen lighting, terrazzo floors by Concrete Collaborative, and Heath Ceramics tile. The master bath includes a long vanity with double sinks, MGS plumbing fixtures, RBW lighting, Health Ceramics tile, a free standing ex.t tub and separate glass-walled steam shower. The thoroughly thought out master walk-in closet features multiple custom built-ins and ample storage. The mud room, with direct access from the pool, offers a wide array of counters and cabinets, a Meile washer and dryer and large Alape sink. The custom elevator connects the great room to the ground floor family room and deck, as well as a guest suite complete with its own floor-to-ceiling glass windows and doors and exterior deck area. With light suffusing every inch, air flowing freely, and nature's palette coloring it all in, this one-of-a-kind home can be your everything, the place you belong, your home.
  • LP / Sq Ft: 1445.55
  • Price Per Sq Ft: 1322.59
  • SP/ Sq Ft: 1322.59
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 2019
  • Allow Comments Review: No
  • Internet Address Field: No Address
  • Internet Syndication Y N: No
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Microwave, Water Softener
  • Elevator: Yes
  • Fireplaces: 2
  • Fireplace: Fp In Family Room, Fp In Living Room
  • Searchable Rooms: Dining Area, Family Room, Master Retreat, Office, Laundry
  • Total Bedrooms: 5
  • Bedrooms: 4
  • Master Bedroom Dimensions: 15x13
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 4839
  • Total Bathrooms: 7

Exterior Features

  • Exterior Material: Stone, Wood
  • Fencing: Partial
  • Pool: Below Ground, Private
  • Pool Heat: Solar
  • Roof: Composition

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 6

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: DEL MAR

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Slope Gentle
  • Assessor Parcel Number: 301-025-09-00
  • Estimated Lot Sq Ft: 19500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Jan 27, 2021
Sold by
Crosby James Evan Brett and Crosby Julie M
Bought by
Jacobs Adam R and Arj Trust
Seller's Agent
Brett Combs
Compass
Buyer's Agent
Jennifer Anderson
Compass
List Price
$6,995,000
Sold Price
$6,400,000
Premium/Discount to List
-$595,000
-8.51%
Current Estimated Value
$8,167,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,767,220
Avg. Annual Appreciation
5.18%

Purchase Details

Closed on
Jul 5, 2018
Sold by
Crosby James Evan Brett and Crosby Julie M
Bought by
Crosby James Evan Brett and Crosby Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2018
Sold by
Crosby International Llc
Bought by
Crosby James Evan Brett and Crosby Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 2017
Sold by
Thornton Nancy
Bought by
Crosby International Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Jacobs Adam R $6,400,000 Lawyers Title Company
Crosby James Evan Brett -- First American Title Company
Crosby James Evan Brett -- None Available
Crosby International Llc $2,150,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crosby James Evan Brett $3,000,000
Previous Owner Crosby International Llc $1,075,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2021 03/08/21 Sold $6,400,000 -8.5% $1,323 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
11/09/2020 11/09/20 For Sale $6,995,000 -- $1,446 / 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 $76,744 $7,212,144 $4,329,728 $2,882,416
2024 $75,228 $7,070,731 $4,244,832 $2,825,899
2023 $70,670 $6,658,560 $4,161,600 $2,496,960
2022 $69,540 $6,528,000 $4,080,000 $2,448,000
2021 $34,475 $3,287,489 $2,049,798 $1,237,691
2020 $34,027 $3,182,860 $2,028,780 $1,154,080
2019 $23,467 $2,193,000 $1,989,000 $204,000
2018 $22,426 $2,150,000 $1,950,000 $200,000
2017 $1,781 $163,790 $58,105 $105,685
2016 $1,650 $160,579 $56,966 $103,613
2015 $1,625 $158,168 $56,111 $102,057
2014 $1,592 $155,070 $55,012 $100,058
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200051171

San Diego MLS

APN: 301-025-09