NOT LISTED FOR SALE

Estimated Value: $9,131,000 - $9,946,000

4 Beds
7 Baths
7,410 Sq Ft
$1,283/Sq Ft Est. Value

Last Sold December 08, 2016

Last sale price $5,575,000 $752 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $60,061/month

352 Days on Market

Highlights

  • Ocean View
  • On Golf Course
  • 24-Hour Security
  • Bonita Canyon Elementary Rated 9+
  • Wine Cellar
  • Heated In Ground Pool

About This Home

As of December 2016

Situated on a desirable view lot in the guard-gated golf community of Shady Canyon, this custom Santa Barbara style estate encompasses 7,410 +/- square feet and is located on an expansive 27,592 +/- square foot lot, enriched by scenic vistas of the hillsides, city lights and ocean. Constructed by Haigh Builders and designed by Carney Architects, this elegant two story design hosts four bedrooms and five full and two-half baths. The main level offers a highly sought-after master bedroom suite with his and hers walk-in closets, a great room with exposed wood beams and rich walnut floors, wine tasting room and wine cellar, a gourmet kitchen with adjacent family room, an office, powder room, and a guest bedroom suite. The upper level features two additional bedroom suites, a large bonus room with viewing balcony overlooking Shady Canyon’s tranquil topography, and a fitness room. Beautifully manicured grounds graced with mature fruit trees and grape vines and outdoor amenities which include a built-in barbecue, cooking and dining areas, a soothing pool and spa, a romantic fireplace, and a putting green. A gated motor court with garaging for 4 cars completes this exemplary estate.

Last Agent to Sell the Property

John Cain

Pacific Sotheby's Int'l Realty License #01467294 Listed on: 10/20/2015

Pacific Sotheby's Int'l Realty

Co-Listed By

Kathryn White

Coldwell Banker Realty License #01346645

Last Buyer's Agent

Rachel & Doug Swardstrom Group

Coldwell Banker Realty License #01907305

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $72,952

Year Built

  • Built in 2006

Lot Details

  • 0.63 Acre Lot
  • Property fronts a private road
  • On Golf Course
  • Fenced
  • Stucco Fence
  • Landscaped
  • Sprinklers Throughout Yard
  • Lawn

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Auto Driveway Gate

Property Views

  • Ocean
  • City Lights
  • Canyon
  • Mountain

Home Design

  • Custom Home
  • Spanish Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof
  • Plaster

Interior Spaces

  • 7,410 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Shutters
  • Custom Window Coverings
  • Blinds
  • Wood Frame Window
  • Double Door Entry
  • French Doors
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Bonus Room
  • Storage
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Six Burner Stove
  • Gas Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

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

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Terrace
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Purifier
  • Water Softener

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 16646
  • Assessor Parcel Number 48116232

Community Details

Overview

  • Built by Haigh Builders
  • Custom

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$72,952

Year Built

Built in 2006

Lot Details

0

HOA Fees

$600 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire Sprinkler System, Gated Community, Gated with Guard, Guarded, Smoke Detector(s), Security System, Wired for Alarm System
  • Subdivision Name Other: Shady Canyon Custom (SHDC)
  • View: Yes
  • Architectural Style: Custom Built, Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 48116232
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7410.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Balcony, Ceiling Fan(s), Wired for Data, Granite Counters, Home Automation System, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Wired for Sound, Vacuum Central, Wet Bar
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Dining Room, Family Room, Living Room, Master Bedroom, Outside
  • Levels: Two
  • Price Per Square Foot: 752.36
  • Room Type: Bonus Room, Family Room, Great Room, Exercise Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Office, Wine Cellar
  • Spa Features: Association, Heated, In Ground
  • Window Features: Blinds, Custom Covering, Drapes, Double Pane Windows, Shutters, Wood Frames
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • View: City Lights, Canyon, Mountain(s), Ocean
  • Fence: Yes
  • Fencing: Stucco Wall
  • Builder Name: Haigh Builders
  • Patio And Porch Features: Covered, Stone, Terrace
  • Pool Features: Association, Community, Heated, In Ground, Private
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Plaster

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Paved, Garage, Gated, Private, Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Convection Oven, Double Oven, Dishwasher, Disposal, Gas Range, Range Hood, Ice Maker, Microwave, Refrigerator, Warming Drawer, Water Purifier, Water Softener
  • Heating Type: Forced Air, Zoned
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Golf Course, Guard, Pool, Security, Spa/Hot Tub
  • Association Fee: 600.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Gutters

Schools

  • School District: Irvine Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Landscaped, Lot 20000-39999 Sqft, On Golf Course, Park Nearby, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinkler System
  • Lot Size Sq Ft: 27592.00
  • Price Per Lot Square Foot: 217.38
  • Lot Size Acres: 0.6330

Multi Family

  • Lease Considered: No
  • Lot Size Area: 27592.0000 Square Feet

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 16646

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2025
Sold by
A And B Family Trust and Khanna Ashwin
Bought by
Khanna Family Trust and Khanna
Total Days on Market
352
Current Estimated Value
$9,509,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$5,000,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$4,344,481

Purchase Details

Listed on
Oct 20, 2015
Closed on
Dec 5, 2016
Sold by
Flanders Scott N and Flanders Linda A
Bought by
Khanna Ravi and Khanna Suparna S
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Rachel & Doug Swardstrom Group
Coldwell Banker Realty
List Price
$6,998,000
Sold Price
$5,575,000
Premium/Discount to List
-$1,423,000
-20.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$3,902,500
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2008
Sold by
Flanders Scott N and Flanders Linda A
Bought by
Flanders Scott N and Flanders Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,600
Interest Rate
6.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 16, 2008
Sold by
Flanders Scott N and Flanders Linda A
Bought by
Flanders Scott N and Flanders Linda A

Purchase Details

Closed on
Oct 18, 2006
Sold by
Casey Timothy R and Casey Erin Otoole
Bought by
Flanders Scott N and Flanders Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,781,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Khanna Family Trust -- Chicago Title
Khanna Ravi $5,575,000 First American Title Company
Flanders Scott N -- None Available
Flanders Scott N -- Stewart Title
Flanders Scott N -- None Available
Flanders Scott N $6,400,000 None Available
Casey Timothy R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khanna Family Trust $5,000,000
Previous Owner Khanna Ravi $3,902,500
Previous Owner Flanders Scott N $3,060,000
Previous Owner Flanders Scott N $3,060,000
Previous Owner Flanders Scott N $3,060,000
Previous Owner Flanders Scott N $3,060,000
Previous Owner Flanders Scott N $494,600
Previous Owner Flanders Scott N $4,781,000
Previous Owner Casey Timothy R $1,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2016 12/08/16 Sold $5,575,000 -7.1% $752 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
06/08/2016 06/08/16 Price Changed $5,998,000 -7.7% $809 / Sq Ft
03/04/2016 03/04/16 Price Changed $6,498,000 -7.1% $877 / Sq Ft
10/20/2015 10/20/15 For Sale $6,998,000 -- $944 / 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
2024 $72,952 $6,351,797 $3,729,188 $2,622,609
2023 $73,028 $6,219,017 $3,656,067 $2,562,950
2022 $71,579 $6,097,076 $3,584,379 $2,512,697
2021 $70,298 $5,977,526 $3,514,097 $2,463,429
2020 $69,602 $5,916,234 $3,478,064 $2,438,170
2019 $68,537 $5,800,230 $3,409,867 $2,390,363
2018 $67,243 $5,686,500 $3,343,006 $2,343,494
2017 $66,095 $5,575,000 $3,277,456 $2,297,544
2016 $63,270 $5,298,000 $3,355,776 $1,942,224
2015 $63,163 $5,298,000 $3,355,776 $1,942,224
2014 $58,374 $4,804,000 $2,861,776 $1,942,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15229177

California Regional Multiple Listing Service (CRMLS)

APN: 481-162-32