NOT LISTED FOR SALE

Estimated Value: $8,932,000 - $10,855,160

5 Beds
4.5 Baths
5,272 Sq Ft
$1,864/Sq Ft Est. Value

Last Sold October 04, 2018

Last sale price $8,187,000 $1,553 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $59,917/month

313 Days on Market

Highlights

  • White Water Ocean Views
  • Wine Cellar
  • Heated Spa
  • El Morro Elementary School Rated A+
  • Gated with Attendant
  • Primary Bedroom Suite

About This Home

As of October 2018

For the first time, one of Emerald Bay’s most exquisite properties—a gorgeous traditional estate that’s full of warmth and light—is on the market. Thanks to its premier location on a hillside street-to-street lot, spellbinding views of the ocean, crashing waves, Catalina Island, and beyond welcome visitors immediately upon entry, and are prominent throughout each of its levels. Along with striking high ceilings and a prime layout, the home offers a warm and inviting family room, a stunning living room replete with Brazilian cherry hardwood floors and a hand-carved marble fireplace, and a gourmet kitchen with appliances by Sub Zero and Viking. Spanning approximately 5,272 square feet of living space, including five bedrooms and four-and-one-half bathrooms, it exudes exceptional quality and meticulous attention to detail at every turn, showcasing impeccable design by renowned architect Michael Martin. A tranquil master suite offers some of the property’s most mesmerizing ocean views in addition to his-and-hers walk-in closets and a master bathroom featuring statutory match slab marble floors and shower. A back yard—particularly rare in Emerald Bay—is framed by even more mesmerizing ocean views, creating yet another space in which to relax or entertain guests. With a private beach and many tree lined parks, the Al Simmons pool center, six championship tennis courts, 24-hour security and more, the community of Emerald Bay offers a luxurious living experience unlike any other.

Last Agent to Sell the Property

Meital Taub

Livel Real Estate License #01871040 Listed on: 11/06/2017

Co-Listed By

William Dolby

Pacific Sotheby’s International Realty License #01005904

Pacific Sotheby’s International Realty

Last Buyer's Agent

William Dolby

Pacific Sotheby’s International Realty License #01005904

Pacific Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,970

Year Built

  • Built in 2001

Lot Details

  • 8,473 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Garden
  • Back Yard

HOA Fees

  • $803 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Custom Home
  • Cottage
  • Turnkey
  • Slate Roof

Interior Spaces

  • 5,272 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Den with Fireplace
  • Storage
  • Laundry Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Pool

  • Heated Spa
  • Heated Pool

Schools

  • El Morro Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • Tile Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 1108
  • Assessor Parcel Number 05308108

Community Details

Overview

  • Emerald Bay Association, Phone Number (949) 922-9552

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Additional Features

  • Picnic Area
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,970

Year Built

Built in 2001

Lot Details

0

HOA Fees

$803 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Cottage, Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05308108
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5272.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Crown Molding, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, In Family Room, Dining Room, In Living Room, Separated
  • Fireplace Features: Den, Family Room, Living Room, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1552.92
  • Room Type: Entry, Family Room, Great Room, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Retreat, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Community, Association, Heated
  • Bathroom Features: Bathtub, Bidet, Shower, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Hollywood Bathroom (Jack&Jill), Privacy Toilet Door, Separate Tub And Shower, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck, Patio, Patio Open, Tile
  • Pool Features: Association, Community, Heated
  • Pool Private: No
  • Roof: Slate
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan, Warming Drawer
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Playground, Tennis Court(s)
  • Association Fee: 9635.00
  • Association Fee Frequency: Annually
  • Association Name: Emerald Bay
  • Phone: 949.922.9552
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Laguna Beach Unified
  • Elementary School: El Morro
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: El Morro
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: ELMOR
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Garden, Landscaped, Sprinkler System
  • Lot Size Sq Ft: 8473.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 29
  • Tax Tract Number: 1108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2017
Closed on
Oct 1, 2018
Sold by
Decarion Phillip G
Bought by
Potter Daniel A
Seller's Agent
Meital Taub
Livel Real Estate
Buyer's Agent
William Dolby
Pacific Sotheby’s International Realty
List Price
$10,950,000
Sold Price
$8,187,000
Premium/Discount to List
-$2,763,000
-25.23%
Current Estimated Value
$9,826,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,639,053
Avg. Annual Appreciation
2.61%
Original Mortgage
$4,912,200
Outstanding Balance
$4,187,407
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,638,646

Purchase Details

Closed on
Nov 28, 2012
Sold by
Decarion Philip G
Bought by
Decarion Philip G and Decarion Living Trust

Purchase Details

Closed on
Aug 5, 2011
Sold by
Decarion Philip G and Decarion Gina M
Bought by
Decarion Philip G and Decarion Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,953,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 1999
Sold by
Decarion Philip G
Bought by
Decarion Philip G and Decarion Gina M

Purchase Details

Closed on
Mar 16, 1999
Sold by
Wildflower Estates Associates
Bought by
Decarion Philip G and The Decarion Living Trust

Purchase Details

Closed on
Aug 28, 1998
Sold by
Wildflower Estates Associates
Bought by
Silberberg Marshall and Silberberg Anne Morrow

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.88%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 14, 1998
Sold by
Holladay Collis H
Bought by
Wildflower Estates Associates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.88%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Potter Daniel A $8,187,000 Orange Coast Title
Decarion Philip G -- None Available
Decarion Philip G -- Advantage Title Inc
Decarion Philip G -- North American Title Co
Decarion Philip G -- North American Title Co
Silberberg Marshall $1,200,000 Lawyers Title Company
Wildflower Estates Associates $1,900,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Daniel A $4,912,200
Previous Owner Decarion Philip G $2,953,000
Previous Owner Silberberg Marshall $1,400,000
Previous Owner Wildflower Estates Associates $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2018 10/04/18 Sold $8,187,000 -9.0% $1,553 / Sq Ft
08/10/2018 08/10/18 Price Changed $8,995,000 -5.3% $1,706 / Sq Ft
06/05/2018 06/05/18 Price Changed $9,495,000 -5.0% $1,801 / Sq Ft
03/14/2018 03/14/18 Price Changed $9,995,000 -8.7% $1,896 / Sq Ft
11/06/2017 11/06/17 For Sale $10,950,000 0.0% $2,077 / Sq Ft
09/13/2015 09/13/15 Rented $15,000 -25.0% --
08/14/2015 08/14/15 Under Contract -- -- --
04/15/2015 04/15/15 For Rent $20,000 -- --
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 $90,970 $9,132,752 $6,786,561 $2,346,191
2024 $90,970 $8,953,679 $6,653,491 $2,300,188
2023 $88,886 $8,778,117 $6,523,030 $2,255,087
2022 $87,219 $8,605,998 $6,395,128 $2,210,870
2021 $85,548 $8,437,253 $6,269,733 $2,167,520
2020 $84,666 $8,350,740 $6,205,445 $2,145,295
2019 $83,214 $8,187,000 $6,083,769 $2,103,231
2018 $29,775 $2,927,536 $1,415,842 $1,511,694
2017 $29,191 $2,870,134 $1,388,081 $1,482,053
2016 $28,643 $2,813,857 $1,360,863 $1,452,994
2015 $28,219 $2,771,591 $1,340,422 $1,431,169
2014 $27,684 $2,717,300 $1,314,165 $1,403,135
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG17250115

California Regional Multiple Listing Service (CRMLS)

APN: 053-081-08