Seller's Agent in 2024
Rex Mckown
Compass
(949) 689-5018
4 in this area
56 Total Sales
5 Cypress Point Ln Newport Beach, CA 92660
Big Canyon Neighborhood
4
Beds
4.5
Baths
5,978
Sq Ft
0.36
Acres
Highlights
- Golf Course Community
- Wine Cellar
- Heated Pool
- Abraham Lincoln Elementary School Rated A
- Home Theater
- Primary Bedroom Suite
About This Home
As of November 2024Located in the private gated country club coastal community of Big Canyon in Newport Beach, this luxurious estate boasts 5866 sqft of living space on a secluded peninsula parcel, offering unparalleled privacy and a feeling of solitude. Completely reconstructed using only the finest materials with thoughtful craftsmanship, this home is built with LEED certifications in mind. The residence features 4 bedroom suites and 4.5 bathrooms adorned with bespoke Ann Sacks tile work and premium fixtures. Communal living spaces include a theater, foyer, open great room/ dining room with La Cantina retractable doors seamlessly blending the interior with the serene outdoor spaces, media room, backyard with brand new pool and spa, Hasten BBQ area, outdoor lounge and dining space. The backyard is surrounded by new all-weather vinyl fencing and mature trees for utmost privacy. The master retreat spans the entire upper level, offering a sitting area, bedroom chamber, spa-like bathroom with Toto toilets, coffee and refreshment bar, direct elevator access, and flex space for an office, massage room, or home workout studio. The interiors are light and bright with an updated traditional aesthetic, featuring museum-grade lighting, brand new slate roof, solid white oak flooring, and premium insulation throughout. The gourmet kitchen is a chef's dream with a Dual fuel Wolf range, Subzero commercial refrigeration, walk-in butlers pantry, custom appliances including an icemaker, beverage fridge, and wine storage. Full home integration panels and touchpads control the entire house via the app-based Savant system. Additional features include 2 EV chargers in the 3 car garage and specialty designer lighting fixtures by John Pomp and Jonathan Browning. This estate offers easy access to the world-class amenities that define the Newport Beach lifestyle, from upscale boutiques and acclaimed dining establishments to pristine beaches, scenic hiking trails, renowned golf courses, and convenient airport access, providing every indulgence and convenience just moments from your doorstep.
Last Agent to Sell the Property
Compass Brokerage Phone: 949-689-5018 License #01275953 Listed on: 06/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $78,483
Year Built
- Built in 2024
Lot Details
- 0.36 Acre Lot
- Density is up to 1 Unit/Acre
HOA Fees
Parking
- 3 Car Attached Garage
Property Views
- City Lights
- Neighborhood
Home Design
- Entry on the 1st floor
- Planned Development
Interior Spaces
- 5,978 Sq Ft Home
- 1-Story Property
- Formal Entry
- Wine Cellar
- Family Room with Fireplace
- Home Theater
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom Suite
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Heated Pool
- Fire Pit
- Exterior Lighting
Location
- Suburban Location
Utilities
- SEER Rated 13-15 Air Conditioning Units
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 15
- Tax Tract Number 7223
- Assessor Parcel Number 44213120
- $380 per year additional tax assessments
Community Details
Overview
- Big Canyon Association, Phone Number (949) 855-1800
- Sea Breeze HOA
- Big Canyon Custom Subdivision
Recreation
- Golf Course Community
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2024
Closed on
Nov 13, 2024
Sold by
Ruby Chester Trust and Markham James
Bought by
Michael P Wootten And Melaina L Wootten 1999 and Wootten
Seller's Agent
Rex Mckown
Compass
Buyer's Agent
Kristi Faber-Vento
Compass
List Price
$16,500,000
Sold Price
$13,708,750
Premium/Discount to List
-$2,791,250
-16.92%
Views
115
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,821,311
Avg. Annual Appreciation
-30.45%
Purchase Details
Listed on
Feb 23, 2021
Closed on
May 4, 2021
Sold by
Keedy Douglas D and Keedy Sandra K
Bought by
Markham James and Markham Cheryl
Seller's Agent
Lindsay Bibb
Cypress Cove Real Estate
Buyer's Agent
Michael Fawaz
Compass
List Price
$6,975,000
Sold Price
$6,850,000
Premium/Discount to List
-$125,000
-1.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.56%
Purchase Details
Closed on
Oct 18, 2004
Sold by
Keedy Sandra K
Bought by
Keedy Douglas D and Keedy Sandra K
Purchase Details
Closed on
Feb 26, 2003
Sold by
Keedy Doug
Bought by
Keedy Sandra K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,837,500
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 12, 2003
Sold by
Mccullough Michael B and Mccullough Christy C
Bought by
Keedy Sandra K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,837,500
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 12, 1998
Sold by
Mccullough Michael B
Bought by
Mccullough Michael B and Mccullough Christy C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.95%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $13,709,000 | Lawyers Title | |
| Grant Deed | $13,709,000 | Lawyers Title | |
| Grant Deed | $6,850,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Grant Deed | -- | Equity Title Company | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Ins | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,837,500 | Purchase Money Mortgage | |
| Previous Owner | $900,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/18/2024 11/18/24 | Sold | $13,708,750 | -8.6% | $2,293 / Sq Ft | |
| 10/19/2024 10/19/24 | Pending | -- | -- | -- | |
| 09/09/2024 09/09/24 | Price Changed | $14,999,000 | -9.1% | $2,509 / Sq Ft | |
| 08/02/2024 08/02/24 | For Sale | $16,500,000 | +20.4% | $2,760 / Sq Ft | |
| 07/15/2024 07/15/24 | Off Market | $13,708,750 | -- | -- | |
| 06/26/2024 06/26/24 | For Sale | $16,500,000 | +140.9% | $2,760 / Sq Ft | |
| 06/22/2021 06/22/21 | Sold | $6,850,000 | -1.8% | $1,142 / Sq Ft | View Prior Sale |
| 04/29/2021 04/29/21 | Pending | -- | -- | -- | |
| 02/23/2021 02/23/21 | For Sale | $6,975,000 | -- | $1,163 / Sq Ft |
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 | $78,483 | $13,708,750 | $12,288,997 | $1,419,753 |
| 2024 | $78,483 | $7,421,495 | $6,141,199 | $1,280,296 |
| 2023 | $75,090 | $7,126,740 | $6,020,784 | $1,105,956 |
| 2022 | $73,855 | $6,987,000 | $5,902,729 | $1,084,271 |
| 2021 | $47,452 | $4,482,440 | $3,565,251 | $917,189 |
| 2020 | $46,996 | $4,436,479 | $3,528,694 | $907,785 |
| 2019 | $46,014 | $4,349,490 | $3,459,504 | $889,986 |
| 2018 | $45,092 | $4,264,206 | $3,391,670 | $872,536 |
| 2017 | $44,292 | $4,180,595 | $3,325,167 | $855,428 |
| 2016 | $43,291 | $4,098,623 | $3,259,968 | $838,655 |
| 2015 | $42,886 | $4,037,058 | $3,211,000 | $826,058 |
| 2014 | $41,872 | $3,957,978 | $3,148,101 | $809,877 |
Source: Public Records
Agents Affiliated with this Home
-
Rex Mckown
-
Marcy Weinstein
Seller Co-Listing Agent in 2024
Marcy Weinstein
Compass
(949) 689-3550
3 in this area
40 Total Sales
-
Kristi Faber-Vento
Buyer's Agent in 2024
Kristi Faber-Vento
Compass
(714) 724-0769
1 in this area
97 Total Sales
-
Carolyn Faber
Buyer Co-Listing Agent in 2024
Carolyn Faber
Compass
(562) 619-8674
1 in this area
62 Total Sales
-
Lindsay Bibb
Seller's Agent in 2021
Lindsay Bibb
Cypress Cove Real Estate
(949) 698-1300
11 in this area
19 Total Sales
-
Natalie Raney
Seller Co-Listing Agent in 2021
Natalie Raney
Cypress Cove Real Estate
(949) 698-1256
11 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP24125223
APN: 442-131-20
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.
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
Nearby Homes
- 15 Cypress Point Ln
- 1 Cypress Point Ln
- 29 Augusta Ln
- 23 Lochmoor Ln
- 56 Royal Saint George Rd
- 1 Rue du Parc
- 2 Inverness Ln
- 2 Royal Saint George Rd
- 1808 Newport Hills Dr E
- 1935 Port Bishop Place
- 51 Sea Pine Ln Unit 59
- 49 Canyon Island Dr
- 515 Bay Hill Dr
- 1845 Port Westbourne Place
- 19 Harbor Pointe Dr
- 1812 Port Margate Place
- 5 Rue Marseille
- 14 Rue Chantilly
- 1736 Port Sheffield Place
- 6 Rue Cannes