NOT LISTED FOR SALE

Estimated Value: $6,404,000 - $7,361,000

4 Beds
3.5 Baths
3,075 Sq Ft
$2,245/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $4,675,000 $1,520 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $41,994/month

56 Days on Market

Highlights

  • Beach Access
  • Heated In Ground Pool
  • Ocean Side of Freeway
  • Harbor View Elementary School Rated A
  • Primary Bedroom Suite
  • Custom Home

About This Home

As of September 2020

Nestled in the esteemed community of Corona Highlands, 461 Morning Canyon Road is the perfect example of outstanding craftsmanship. Opulent, seductive, and meticulously detailed features found within this impeccable David Riley Design home are a rare find. Floor to ceiling Sierra Pacific windows and doors bring in soft sunlight throughout every square inch of this residence. Each space in this 4 bedroom, 3 and one-half bathroom home with additional office was thoughtfully created with a refined designer eye offering seamless indoor/outdoor entertainment opportunities crafted by a pair of glass corner bifold doors. The exterior California room provides an oasis from sunbathing on the elevated deck or swimming in the stunning pool surrounded by fire features. From Carrera marble countertops to an oversized kitchen island with seating for six, the interior is just as show-stopping as the exterior offerings. An impressive glass walled office with access to a tranquil side patio with custom fountain creates the perfect work from home environment. Nine-inch-wide plank oak floors, custom cabinetry with LED strip lighting, custom woodwork on every wall, subway tile in the garage, and Lutron controlled lighting, sound, and window treatments are just a few of the details throughout this custom abode. Welcome yourself home to 461 Morning Canyon Road.

Last Agent to Sell the Property

Summer Perry

Compass License #01882790 Listed on: 07/20/2020

Compass

Last Buyer's Agent

Breanna LePante

Douglas Elliman Of California License #01919560

Douglas Elliman Of California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,595

Year Built

  • Built in 2019

Lot Details

  • 8,424 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Stucco Fence
  • Fence is in excellent condition
  • Landscaped
  • Secluded Lot
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Workshop in Garage
  • Front Facing Garage
  • Tandem Garage
  • Single Garage Door
  • Driveway

Home Design

  • Custom Home
  • Contemporary Architecture
  • Modern Architecture
  • Turnkey
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Pre-Cast Concrete Construction
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,075 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Brick Wall or Ceiling
  • Skylights
  • Recessed Lighting
  • Heatilator
  • Fireplace Features Masonry
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Roller Shields
  • Drapes & Rods
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Living Room Balcony
  • Dining Room
  • Home Office
  • Storage
  • Home Gym
  • Wood Flooring
  • Finished Basement
  • Utility Basement
  • Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Indoor Grill
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Utility Sink
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Security Lights
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Firewall

Accessible Home Design

  • Doors swing in
  • More Than Two Accessible Exits

Pool

  • Heated In Ground Pool
  • Gas Heated Pool
  • Saltwater Pool
  • Waterfall Pool Feature
  • Permits for Pool
  • Heated Spa
  • In Ground Spa
  • Permits For Spa

Outdoor Features

  • Beach Access
  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch
  • Fireplace in Patio
  • Outdoor Fireplace
  • Arizona Room
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Ducts Professionally Air-Sealed
  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts in Garage
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 1237
  • Assessor Parcel Number 45916219

Community Details

Overview

  • No Home Owners Association
  • Optional HOA
  • Corona Highlands Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,595

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Jessie Holchek
  • Other Phone Number: 949.315.1529
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Rated Drywall, Firewall(s), Security Lights, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Corona Highlands (CORH)
  • View: No
  • Architectural Style: Contemporary, Custom Built, Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45916219
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3075.00 Square Feet
  • Interior Amenities: Brick Walls, Built-in Features, Home Automation System, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Tandem, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits, Doors - Swing In
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 423.00 Square Feet
  • Door Features: French Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room, In Kitchen
  • Entry Level: 2
  • Fireplace Features: Family Room, Master Bedroom, Outside, Patio, Gas, Heatilator, Masonry
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1520.33
  • Room Type: All Bedrooms Up, Attic, Basement, Entry, Exercise Room, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, Heated, In Ground, Permits
  • Window Features: Double Pane Windows, Drapes, ENERGY STAR Qualified Windows, Roller Shields, Skylight(s)
  • Bathroom Features: Low Flow Toilet(s), Shower, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Linen Closet/Storage, Privacy Toilet Door, Stone Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Utility Sink, Walk-In Pantry
  • Basement: Finished, Utility

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Concrete Perimeter, Slab
  • Exterior Features: Barbecue Private, Rain Gutters
  • Fence: Yes
  • Fencing: Excellent Condition, Privacy, Stucco Wall
  • Patio And Porch Features: Arizona Room, Covered, Deck, Patio, Patio Open, Porch, Front Porch, Slab, Wood
  • Pool Features: Private, Heated, Gas Heat, In Ground, Permits, Salt Water, Waterfall
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Brick, Concrete, Ducts Professionally Air-Sealed, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Covered, Direct Garage Access, Driveway, Concrete, Garage, Garage Faces Front, Garage - Single Door, Private, Subterranean, Tandem Garage, Workshop in Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Indoor Grill, High Efficiency Water Heater, Ice Maker, Instant Hot Water, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator, Water Purifier, Self Cleaning Oven
  • Electric: 220 Volts in Garage, Electricity - On Property
  • Heating Type: Central, Zoned
  • Laundry Features: Common Area, Dryer Included, Individual Room, Inside, Upper Level, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association Name: Optional HOA
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Garden, Landscaped, Lawn, Near Public Transit, Secluded, Yard
  • Lot Size Sq Ft: 8424.00
  • Lot Size Acres: 0.1934
  • Latitude Manual: 33.59300300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8424.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 627.02
  • Tax Lot: 43
  • Tax Tract Number: 1237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 20, 2020
Sold by
Riley David A and Riley Gianna G
Bought by
Schnitzer Gregory Nelson and Gregory Nelson Schnitzer Trust
Seller's Agent
Summer Perry
Compass
Buyer's Agent
Breanna LePante
Douglas Elliman Of California
List Price
$4,895,000
Sold Price
$4,675,000
Premium/Discount to List
-$220,000
-4.49%
Current Estimated Value
$6,902,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,227,755
Avg. Annual Appreciation
7.97%
Original Mortgage
$2,675,000
Outstanding Balance
$2,382,906
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$4,430,452

Purchase Details

Closed on
Jan 8, 2018
Sold by
Riley David A and Riley Gianna G
Bought by
Riley David A and Riley Gianna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.93%

Purchase Details

Closed on
Nov 10, 2016
Sold by
Giannulli S Gene
Bought by
Riley David A and Riley Gianna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
2.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Schnitzer Gregory Nelson $4,675,000 First American Title Company
Riley David A -- None Available
Riley David A $1,500,000 First Amercan Title Co Resid
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schnitzer Gregory Nelson $2,675,000
Previous Owner Riley David A $150,000
Previous Owner Riley David A $0
Previous Owner Riley David A $2,000,000
Previous Owner Riley David A $975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $4,675,000 -4.5% $1,520 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $4,895,000 -- $1,592 / 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 $52,595 $5,060,369 $3,890,183 $1,170,186
2024 $52,595 $4,961,147 $3,813,905 $1,147,242
2023 $51,368 $4,863,870 $3,739,122 $1,124,748
2022 $50,522 $4,768,500 $3,665,805 $1,102,695
2021 $49,551 $4,675,000 $3,593,926 $1,081,074
2020 $14,982 $1,388,777 $275,972 $1,112,805
2019 $14,674 $1,361,547 $270,561 $1,090,986
2018 $5,474 $487,063 $265,256 $221,807
2017 $5,379 $477,513 $260,055 $217,458
2016 $5,261 $468,150 $254,955 $213,195
2015 $5,209 $461,118 $251,125 $209,993
2014 $5,087 $452,086 $246,206 $205,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20141436

California Regional Multiple Listing Service (CRMLS)

APN: 459-162-19