NOT LISTED FOR SALE

Estimated Value: $8,842,000 - $9,414,000

6 Beds
6.5 Baths
4,945 Sq Ft
$1,863/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $7,900,000 $1,598 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $55,295/month

166 Days on Market

Highlights

  • White Water Ocean Views
  • Beach Access
  • Spa
  • El Morro Elementary School Rated A+
  • Gated with Attendant
  • Primary Bedroom Suite

About This Home

As of October 2021

Views! Views! Views! The most commanding, panoramic ocean views in all of Emerald Bay! Prominently positioned on a flat cul-de-sac, this grand residence showcases sweeping ocean, coastline and Catalina Island views. This masterfully designed home was built in 2000 and features an abundance of natural light and voluminous interior spaces. There are six bedrooms and six and a half bathrooms, including a completely separate guest/maid’s quarters. Bonus features include generous view decks, an over sized three-car garage with 16-foot high ceilings and additional storage, plus an elevator that serves all three levels of the home. Emerald Bay is an exceptional, gated residential community with private beach, parks, swim complex, tennis courts and much more.

Last Agent to Sell the Property

Dean Ledger

Emerald Bay Real Estate License #01154116 Listed on: 04/12/2021

Last Buyer's Agent

Aspen Potter

Keller Williams Realty License #02106715

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 6,630 Sq Ft Lot
  • Cul-De-Sac

HOA Fees

  • $642 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Workshop in Garage
  • Two Garage Doors
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Stone Siding
  • Stucco

Interior Spaces

  • 4,945 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Wood Frame Window
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Loft
  • Storage
  • Home Security System

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Spa
  • Beach Access
  • Living Room Balcony
  • Tile Patio or Porch
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 1108
  • Assessor Parcel Number 05308118

Community Details

Overview

  • Emerald Bay Community Association, Phone Number (949) 494-8571
  • Emerald Bay Subdivision

Amenities

  • Community Fire Pit
  • Picnic Area

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Dog Park
  • Hiking Trails

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

HOA Fees

$642 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Gated Community, Gated with Guard, Security System
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05308118
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4945.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Elevator, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Storage, Two Story Ceilings
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1597.57
  • Room Type: Family Room, Guest/Maid's Quarters, Kitchen, Living Room, Loft, Master Bathroom, Master Bedroom, Master Suite, Office
  • Spa Features: Association, Community
  • Window Features: Wood Frames
  • Bathroom Features: Bathtub, Bidet, Shower, Double Sinks In Master Bath, Jetted Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Catalina, Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck, Patio, Tile
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stone, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage - Two Door, Workshop in Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator
  • Heating Type: Central, Zoned
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Picnic Area, Playground, Dog Park, Tennis Court(s), Sport Court, Hiking Trails, Guard, Controlled Access
  • Association Fee: 7707.00
  • Association Fee Frequency: Annually
  • Association Name: Emerald Bay Community Association
  • Phone: (949)494-8571
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Gutters
  • Association Management: Emerald Bay Community Association

Schools

  • 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: Cul-De-Sac
  • Lot Size Sq Ft: 6630.00
  • Lot Size Acres: 0.1522

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6630.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 39
  • Tax Tract Number: 1108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2022
Sold by
Giancursio Thomas Joseph
Bought by
Thomas J Giancursio Ii Living Trust and Giancursio
Current Estimated Value
$9,213,115

Purchase Details

Listed on
Apr 12, 2021
Closed on
Sep 29, 2021
Sold by
Twomey Kevin M and Twomey Dannehl M
Bought by
Giancursio Thomas Joseph
Seller's Agent
Dean Ledger
Emerald Bay Real Estate
Buyer's Agent
Aspen Potter
Keller Williams Realty
List Price
$8,195,000
Sold Price
$7,900,000
Premium/Discount to List
-$295,000
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%

Purchase Details

Listed on
Jan 17, 2013
Closed on
May 28, 2013
Sold by
Hutchinson Edson B
Bought by
Twomey Kevin M and Twomey Dannehl M
Seller's Agent
Maura Short
Compass
Buyer's Agent
Dean Ledger
Emerald Bay Real Estate
List Price
$6,750,000
Sold Price
$6,450,000
Premium/Discount to List
-$300,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%

Purchase Details

Closed on
Apr 8, 2013
Sold by
Hutchinson Edson B and Hutchinson Cynthia Hunter
Bought by
Hutchinton Edson B and Edson B Huthinson Trust

Purchase Details

Closed on
Feb 26, 2013
Sold by
Hutchinson Edson B and Hutchinson Cynthia H
Bought by
Hutchinson Edson B and Hutchinson Cynthia Hunter

Purchase Details

Closed on
Jul 25, 2006
Sold by
Hutchinson Edson B and Hutchinson Cynthia H
Bought by
Hutchinson Edson B and Hutchinson Cynthia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,058,000
Interest Rate
7.13%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 9, 2001
Sold by
Hutchinson Family Partnership Ltd
Bought by
Hutchinson Edson B and Hutchinson Cynthia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
4%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 10, 1998
Sold by
Hutchinson Edson B and Hutchinson Cynthia H
Bought by
Hutchinson Family Partnership

Purchase Details

Closed on
Oct 14, 1997
Sold by
Hutchinson Cynthia H
Bought by
Hutchinson Edson B and Hutchinson Cynthia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.49%

Purchase Details

Closed on
Jul 24, 1996
Sold by
Hutchinson Edson B
Bought by
Hutchinson Cynthia H

Purchase Details

Closed on
May 3, 1994
Sold by
Davis Robert C and Davis Alison Z
Bought by
Hutchison Edson B and Hutchison Cynthia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Thomas J Giancursio Ii Living Trust -- Mcnulty Meghan
Giancursio Thomas Joseph $7,900,000 Fidelity Natl Ttl Orange Cnt
Twomey Kevin M $6,450,000 Fidelity National Title Co
Hutchinton Edson B -- None Available
Hutchinson Edson B -- None Available
Hutchinson Edson B -- Chicago Title Co
Hutchinson Edson B -- Fidelity National Title Co
Hutchinson Family Partnership -- --
Hutchinson Edson B -- Lawyers Title Company
Hutchinson Cynthia H -- --
Hutchison Edson B $700,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hutchinson Edson B $3,058,000
Previous Owner Hutchinson Edson B $1,750,000
Previous Owner Hutchinson Edson B $750,000
Previous Owner Hutchison Edson B $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2021 10/14/21 Sold $7,900,000 -3.6% $1,598 / Sq Ft
08/14/2021 08/14/21 For Sale $8,195,000 +3.7% $1,657 / Sq Ft
07/07/2021 07/07/21 Off Market $7,900,000 -- --
04/12/2021 04/12/21 For Sale $8,195,000 0.0% $1,657 / Sq Ft
10/16/2019 10/16/19 Rented $16,000 -15.8% --
10/14/2019 10/14/19 Off Market $19,000 -- --
09/26/2019 09/26/19 For Rent $19,000 0.0% --
06/13/2013 06/13/13 Sold $6,450,000 -4.4% $1,217 / Sq Ft View Prior Sale
01/17/2013 01/17/13 For Sale $6,750,000 -- $1,274 / 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 $83,438 $8,383,543 $6,189,783 $2,193,760
2024 $83,438 $8,219,160 $6,068,414 $2,150,746
2023 $81,525 $8,058,000 $5,949,425 $2,108,575
2022 $80,065 $7,900,000 $5,832,769 $2,067,231
2021 $74,403 $7,337,840 $5,355,110 $1,982,730
2020 $73,636 $7,262,600 $5,300,200 $1,962,400
2019 $72,374 $7,120,197 $5,196,275 $1,923,922
2018 $70,968 $6,980,586 $5,094,387 $1,886,199
2017 $69,578 $6,843,712 $4,994,497 $1,849,215
2016 $68,270 $6,709,522 $4,896,566 $1,812,956
2015 $67,261 $6,608,739 $4,823,015 $1,785,724
2014 $65,985 $6,479,283 $4,728,538 $1,750,745
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21073611

California Regional Multiple Listing Service (CRMLS)

APN: 053-081-18