NOT LISTED FOR SALE

53 Strand Beach Dr Dana Point, CA 92629

Estimated Value: $2,816,000 - $16,338,493

4 Beds
7 Baths
8,838 Sq Ft
$1,084/Sq Ft Est. Value

Last Sold March 22, 2016

Last sale price $17,225,000 $1,949 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $71,710/month

698 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Fitness Center
  • Marco Forster Middle School Rated A-
  • Property has ocean access
  • 24-Hour Security

About This Home

As of March 2016

Rare to come to the market, this breathtaking oceanfront estate is located on an oversized lot at The Strand, one of Orange County’s most coveted guard-gated communities. Boasting nearly 9,000 square feet of pristine architecture, this striking estate offers every lavish amenity to satisfy those with the most distinguished taste. Upon entrance into the estate, you are instantly captivated by the meticulous attention to every detail, including the hand-carved beamed ceilings, custom stone flooring, and wrought-iron staircase connecting each level of this impressive property. Ocean views spanning beyond Catalina Island abound from nearly every state-of-the-art room, including a grand kitchen equipped with designer appliances, an extravagant Great Room with vaulted ceilings, and five spacious bedrooms ensuite with gorgeous bathrooms. This estate offers the ultimate venue for entertaining, as it is graced with extravagant outdoor living spaces complete with an infinity pool and spa, outdoor fire pit, and stone terraces. The private neighborhood beach club offers a resort-like pool, fitness center, private lockers and world-class dining. Don’t miss the opportunity to own one of the community’s most prestigious properties!

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 03/10/2014

Coldwell Banker Realty

Last Buyer's Agent

John Stanaland

DOUGLAS ELLIMAN OF CALIFORNIA, INC. License #01223768

DOUGLAS ELLIMAN OF CALIFORNIA, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $233,329

Year Built

  • Built in 2010

Lot Details

  • 10,289 Sq Ft Lot
  • Beach Front
  • Landscaped

HOA Fees

  • $825 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Turnkey

Interior Spaces

  • 8,838 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Bar
  • Crown Molding
  • High Ceiling
  • Gas Fireplace
  • French Doors
  • Sliding Doors
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Living Room Balcony
  • Formal Dining Room
  • Library with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • Heated Infinity Pool
  • Filtered Pool
  • In Ground Spa

Outdoor Features

  • Property has ocean access
  • Stone Porch or Patio
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling System
  • 220 Volts in Garage

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 1234
  • Assessor Parcel Number 67264123

Community Details

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$233,329

Year Built

Built in 2010

Lot Details

0

HOA Fees

$825 per month

Parking

4

Listing Details

  • Assessments: No
  • Other Phone Description: 949.717.4711
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Gated Community, Gated with Guard, Guarded
  • Subdivision Name Other: The Strand
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67264123
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8838.00
  • Interior Amenities: Bar, Built-in Features, Crown Molding, High Ceilings, Living Room Balcony, Pantry, Stone Counters, Wet Bar
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, Separated
  • Fireplace Features: Family Room, Fire Pit, Gas, Library, Outside
  • Levels: Three Or More
  • Price Per Square Foot: 1948.97
  • Room Type: Family Room, Formal Entry, Great Room, Library, Living Room, Master Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet
  • Spa Features: In Ground, Private
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: Catalina, Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Stone
  • Pool Features: Filtered, Heated, In Ground, Infinity, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Double Oven, Dishwasher, Disposal, Microwave, Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Central, Zoned
  • Laundry Features: Inside, Individual Room, Upper Level
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Guard, Gym/Ex Room, Pool, Security, Spa/Hot Tub
  • Association Fee: 825.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Landscaped, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10289.00
  • Price Per Lot Square Foot: 1674.12
  • Lot Size Acres: 0.2360

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10289.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Lot: 46
  • Tax Tract Number: 1234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2014
Closed on
Feb 10, 2016
Sold by
Cumming J Finlay and Mccarthy Sheila Bernadette
Bought by
Spenuzza Velastegul Family Trust
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
List Price
$19,995,000
Sold Price
$17,225,000
Premium/Discount to List
-$2,770,000
-13.85%
Current Estimated Value
$9,692,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,532,084
Avg. Annual Appreciation
-5.71%
Original Mortgage
$4,500,000
Outstanding Balance
$2,052,189
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$7,851,042

Purchase Details

Closed on
Feb 21, 2014
Sold by
Cumming J Finlay
Bought by
Cumming J Finlay and Mccarthy Sheila Bernadette

Purchase Details

Closed on
Jul 27, 2007
Sold by
Headlands Reserve Llc
Bought by
Cumming Finlay and Cabot Family Settlement

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,500,000
Interest Rate
6.62%
Mortgage Type
Construction
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
Spenuzza Velastegul Family Trust $17,225,000 Usa National Title Company
Cumming J Finlay -- None Available
Cumming Finlay -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spenuzza Peter $1,000,000
Open Spenuzza Velastegul Family Trust $4,500,000
Previous Owner Cumming Finlay $10,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2016 03/22/16 Sold $17,225,000 -13.9% $1,949 / Sq Ft
02/06/2016 02/06/16 Pending -- -- --
07/22/2015 07/22/15 Price Changed $19,995,000 +5.3% $2,262 / Sq Ft
02/20/2015 02/20/15 Price Changed $18,995,000 -5.0% $2,149 / Sq Ft
03/10/2014 03/10/14 For Sale $19,995,000 -- $2,262 / 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 $233,329 $20,390,914 $16,071,783 $4,319,131
2024 $233,329 $19,991,093 $15,756,650 $4,234,443
2023 $227,655 $19,599,111 $15,447,696 $4,151,415
2022 $223,445 $19,214,815 $15,144,800 $4,070,015
2021 $222,180 $18,838,054 $14,847,843 $3,990,211
2020 $220,071 $18,644,893 $14,695,596 $3,949,297
2019 $216,205 $18,279,307 $14,407,447 $3,871,860
2018 $212,480 $17,920,890 $14,124,948 $3,795,942
2017 $208,235 $17,569,500 $13,847,988 $3,721,512
2016 $169,539 $13,932,222 $9,986,249 $3,945,973
2015 $169,653 $13,722,948 $9,836,247 $3,886,701
2014 $167,030 $13,454,000 $9,643,569 $3,810,431
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14049336

California Regional Multiple Listing Service (CRMLS)

APN: 672-641-23