Landlord's Agent in 2025
John Cain
Pacific Sothebys
(714) 655-8940
56 in this area
212 Total Sales
5 Currents Newport Coast, CA 92657
Crystal Cove Neighborhood
5
Beds
5.5
Baths
6,900
Sq Ft
$1,762
Price per Sq Ft
Highlights
- Ocean View
- In Ground Pool
- Wood Flooring
- El Morro Elementary School Rated A+
- Fireplace in Primary Bedroom
- Main Floor Primary Bedroom
About This Home
As of January 2025One of the most spectacular homes in Crystal Cove, this wonderfully-appointed, highly-upgraded Seacrest Plan 2A is an entertainer's paradise featuring breathtaking views of the ocean, Catalina and city lights. Situated on an over 26,000 square foot lot, the home offers five bedrooms, five and one-half baths. Enjoy exotic upgrades and unique finishes including dark plank wood floors, slab granite counter tops, and tongue & groove beam ceilings. A sumptuous master suite with his and her closets is conveniently situated on the lower level, along with a generously-sized guest wing. In the rear yard, experience year-round alfresco living featuring a pool with step-in beach and island spa, and two fire pits. An upstairs patio with outdoor fireplace and an oversized 3-car garage complete this magnificent home.
Last Agent to Rent the Property
Pacific Sotheby's Int'l Realty Brokerage Phone: 949.478.7772 License #01467294 Listed on: 07/23/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $102,974
Year Built
- Built in 2007
Lot Details
- 0.6 Acre Lot
- Cul-De-Sac
- Fenced
- Fence is in good condition
- Front and Back Yard Sprinklers
- Back Yard
Parking
- 3 Car Direct Access Garage
- Parking Available
- Driveway
Property Views
- Ocean
- Coastline
- Catalina
- City Lights
Home Design
- Mediterranean Architecture
- Entry on the 1st floor
- Spanish Tile Roof
Interior Spaces
- 6,900 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Recessed Lighting
- Family Room Off Kitchen
- Living Room with Fireplace
- Bonus Room
- Laundry Room
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Self-Cleaning Oven
- Built-In Range
- Range Hood
- Warming Drawer
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Walk-In Closet
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Stone Porch or Patio
- Outdoor Fireplace
- Terrace
- Fire Pit
- Exterior Lighting
- Rain Gutters
Schools
- El Morro Elementary School
- Thurston Middle School
- Laguna Beach High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Sewer Paid
Listing and Financial Details
- Security Deposit $34,995
- Rent includes gardener, pool
- 12-Month Minimum Lease Term
- Available 7/24/24
- Tax Lot 12
- Tax Tract Number 16482
- Assessor Parcel Number 48910112
Community Details
Overview
- Property has a Home Owners Association
- Built by Laing Luxury
- Crystal Cove Sea Crest Subdivision, Plan 2A
Amenities
- Community Barbecue Grill
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 25, 2022
Sold by
Second Amended And Restated C Ed Grasso
Bought by
Grasso Family Trust
Current Estimated Value
Purchase Details
Closed on
Jun 5, 2013
Sold by
Shelly Damon
Bought by
Grasso Charles Edgar and The Second Amended & Restated C Ed Grass
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 18, 2008
Sold by
Wl Homes Llc
Bought by
Shelly Damon and The Damon Shelly Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,350,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grasso Family Trust | -- | None Listed On Document | |
| Grasso Charles Edgar | $7,800,000 | First American Title Company | |
| Shelly Damon | -- | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Grasso Charles Edgar | $4,000,000 | |
| Previous Owner | Shelly Damon | $3,350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2025 01/15/25 | Rented | $36,000 | +2.9% | -- |
| 08/06/2024 08/06/24 | Price Changed | $34,995 | -12.5% | $5 / Sq Ft |
| 07/23/2024 07/23/24 | For Rent | $39,995 | +77.8% | -- |
| 01/10/2020 01/10/20 | Rented | $22,500 | -16.7% | -- |
| 12/09/2019 12/09/19 | For Rent | $26,995 | 0.0% | -- |
| 12/03/2019 12/03/19 | Off Market | $26,995 | -- | -- |
| 12/03/2019 12/03/19 | For Rent | $26,995 | 0.0% | -- |
| 11/25/2019 11/25/19 | Off Market | $26,995 | -- | -- |
| 11/04/2019 11/04/19 | For Rent | $26,995 | +17.4% | -- |
| 07/27/2018 07/27/18 | Rented | $22,995 | 0.0% | -- |
| 07/20/2018 07/20/18 | For Rent | $22,995 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $102,974 | $9,561,731 | $7,258,975 | $2,302,756 |
| 2024 | $102,974 | $9,374,247 | $7,116,643 | $2,257,604 |
| 2023 | $100,715 | $9,190,439 | $6,977,101 | $2,213,338 |
| 2022 | $98,541 | $9,010,235 | $6,840,295 | $2,169,940 |
| 2021 | $96,798 | $8,833,564 | $6,706,171 | $2,127,393 |
| 2020 | $95,917 | $8,742,987 | $6,637,407 | $2,105,580 |
| 2019 | $94,618 | $8,571,556 | $6,507,261 | $2,064,295 |
| 2018 | $92,842 | $8,403,487 | $6,379,668 | $2,023,819 |
| 2017 | $92,086 | $8,238,713 | $6,254,576 | $1,984,137 |
| 2016 | $89,823 | $8,077,170 | $6,131,937 | $1,945,233 |
| 2015 | $88,152 | $7,955,844 | $6,039,830 | $1,916,014 |
| 2014 | $86,508 | $7,800,000 | $5,921,518 | $1,878,482 |
Source: Public Records
Agents Affiliated with this Home
-
John Cain
-
Leo Goldschwartz
Tenant's Agent in 2025
Leo Goldschwartz
Coldwell Banker Realty
(714) 719-0670
62 Total Sales
-
Paul Daftarian
Buyer's Agent in 2020
Paul Daftarian
Luxe Real Estate
(714) 865-5969
11 in this area
242 Total Sales
-
Heather Hosto
Buyer Co-Listing Agent in 2018
Heather Hosto
Pacific Sotheby's Int'l Realty
(949) 258-5999
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24150258
APN: 489-101-14
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