NOT LISTED FOR SALE

Estimated Value: $5,844,000 - $6,530,000

4 Beds
6 Baths
4,800 Sq Ft
$1,296/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $6,100,000 $1,271 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $35,401/month

82 Days on Market

Highlights

  • Wine Cellar
  • New Construction
  • Open Floorplan
  • Newport Heights Elementary Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of August 2023

Brand-new construction nestled on a cul-de-sac in coveted Newport Heights, this cutting-edge masterpiece embodies modern living, with a harmonious fusion of indoor and outdoor living spaces. A flowing water feature greets guest at the entry, where tall glass doors open to a foyer with statement lighting, natural limestone walls, and stunning mahogany ceilings. An airy and spacious 4,800 +/- s.f. floor plan boasts sprawling common areas, 4 bedrooms, 6 luxe bathrooms, and a 3-car garage. Lavish upgrades showcase thoughtful design, including whole-house audio, a cost-saving solar system, and bespoke finishes such as rift cut white oak cabinets & doors that blend beautifully with durable European white oak floors. The great room basks in abundant natural light, courtesy of 27-foot sliding glass doors that effortlessly vanish, merging indoor and outdoor spaces into one captivating living experience. Italian travertine slabs line the fireplaces in the great room and loggia, while soaring ceilings create a stunning indoor dining area and great room living space. Sleek and minimalist, the kitchen creates a luxe backdrop for entertaining, with two massive quartz-topped kitchen islands, and Thermador appliances that provide the tools for culinary magic: 2 convection wall ovens, 2 warming drawers, a wine refrigerator & 5-burner gas cooktop. The main floor is completed by private guest quarters with an ensuite bath, a powder room, and a tucked away wine tasting area with a full-size beverage cooler. The upper floor offers flowing spaces to lounge and relax, with a bonus area at the top of the stairs, a flex room with a beverage cooler, and an office. Bedrooms all feature impeccably designed ensuite baths, and include 2 guest suites, and a massive primary bedroom with an oversized walk-in closet, and a linear gas fireplace set in a wall of natural quartzite. The primary ensuite rivals a luxe boutique spa, with porcelain counters, marble-lined walls, a soaking tub, separate shower, and two toilet closets. A meticulously designed outdoor living space, the backyard is curated to embrace sunny SoCal weather, with a loggia, fully equipped BBQ kitchen, fireplace, fans, pergola, and a tranquil water feature. Set on one of only a few cul-de-sacs in Newport Heights with zero drive-through traffic, this home is conveniently walkable to 3 schools, and dining and entertainment at Mariners' Mile and is a short drive from beaches, Fashion Island, and Balboa Peninsula.

Last Agent to Sell the Property

John Cain

Pacific Sotheby's Int'l Realty License #01467294 Listed on: 05/18/2023

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Nikki Gwaltney

Compass License #02042709

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,954

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 5,925 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Copper Plumbing

Interior Spaces

  • 4,800 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Awning
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Home Office
  • Recreation Room
  • Bonus Room
  • Game Room
  • Utility Room
  • Laundry Room
  • Home Gym
  • Wood Flooring
  • Neighborhood Views
  • Smart Home

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Bathroom on Main Level
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Low Flow Shower

Schools

  • Newport Heights Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Central Water Heater
  • Phone Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • No Home Owners Association
  • Newport Heights Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 4106
  • Assessor Parcel Number 42530115
  • $470 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,954

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Newport Heights (NEWH)
  • View: Yes
  • Zoning: R-1
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42530115
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 4800.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, High Ceilings, Home Automation System, Living Room Deck Attached, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Two Story Ceilings, Wet Bar, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, In Family Room, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1270.83
  • Room Type: Bonus Room, Entry, Exercise Room, Family Room, Formal Entry, Foyer, Game Room, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Recreation, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Window Features: Skylight(s)
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Master Bath, Main Floor Full Bath, Separate Tub And Shower, Soaking Tub, Stone Counters, Upgraded, 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
  • Exterior Features: Awning(s)
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered, Patio, Patio Open, Porch, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Warming Drawer, Water Heater Central, Water Heater, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central, Fireplace(s), Natural Gas, Zoned
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Suburban

Schools

  • Elementary School: Newport Heights
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWHEI
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac
  • Lot Size Sq Ft: 5925.00
  • Lot Size Acres: 0.1360

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5925.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 634.00
  • Tax Lot: 4
  • Tax Tract Number: 4106
  • TaxOtherAnnualAssessmentAmount: 470.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Aug 17, 2023
Sold by
11 Marbella Llc
Bought by
Anderson Family Trust and Anderson
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Nikki Gwaltney
Compass
List Price
$7,195,000
Sold Price
$6,100,000
Premium/Discount to List
-$1,095,000
-15.22%
Views
125
Current Estimated Value
$6,222,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,697
Avg. Annual Appreciation
0.93%

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 7, 2021
Sold by
Simon Hunter Gideon and The Dennis I Simon Revocable F
Bought by
11 Marbella Llc
Seller's Agent
Annie Clougherty
Compass
Buyer's Agent
John Cain
Pacific Sotheby's Int'l Realty
List Price
$1,795,000
Sold Price
$1,830,000
Premium/Discount to List
$35,000
1.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.96%

Purchase Details

Closed on
Dec 9, 2019
Sold by
Simon Transferor Dennis and Simon Dennis
Bought by
Simon Dennis I and Simon Revocable Famil Dennis I

Purchase Details

Closed on
Jul 8, 2015
Sold by
Simon Dennis and Simon Young Sook
Bought by
Simon Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 29, 2012
Sold by
Simon Dennison and Simon Bonnie
Bought by
Simon Dennis

Purchase Details

Closed on
Apr 21, 2003
Sold by
Simon Dennis and Simon Bonnie
Bought by
Simon Dennis and Simon Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
5.73%

Purchase Details

Closed on
Mar 24, 2003
Sold by
Simon Dennis and Simon Bonnie
Bought by
Simon Dennis and Simon Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
5.73%

Purchase Details

Closed on
Jan 9, 2001
Sold by
Simon Dennis and Simon Bonnie
Bought by
Simon Dennis and Simon Bonnie
Source: Public Records

Range of Values:

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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
Anderson Family Trust $6,100,000 Ticor Title Company
11 Marbella Llc $1,830,000 Fidelity Natl Ttl Orange Cnt
Simon Dennis I -- None Available
Simon Dennis -- North American Title Co Inc
Simon Dennis -- None Available
Simon Dennis -- --
Simon Dennis -- Commerce Title
Simon Dennis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simon Dennis $292,000
Previous Owner Simon Dennis $241,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2023 08/29/23 Sold $6,100,000 -11.5% $1,271 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
07/07/2023 07/07/23 Price Changed $6,895,000 -4.2% $1,436 / Sq Ft
06/13/2023 06/13/23 For Sale $7,195,000 +18.0% $1,499 / Sq Ft
06/07/2023 06/07/23 Off Market $6,100,000 -- --
05/18/2023 05/18/23 For Sale $7,195,000 +293.2% $1,499 / Sq Ft
05/21/2021 05/21/21 Sold $1,830,000 +1.9% $954 / Sq Ft View Prior Sale
05/04/2021 05/04/21 Pending -- -- --
04/21/2021 04/21/21 Price Changed $1,795,000 0.0% $935 / Sq Ft
04/21/2021 04/21/21 For Sale $1,795,000 0.0% $935 / Sq Ft
04/16/2021 04/16/21 For Sale $1,795,000 -- $935 / 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 $33,954 $3,241,818 $2,431,364 $810,454
2024 $33,954 $3,178,253 $2,383,690 $794,563
2023 $26,611 $2,490,967 $1,757,331 $733,636
2022 $20,102 $1,866,600 $1,722,874 $143,726
2021 $8,960 $808,182 $638,453 $169,729
2020 $8,874 $799,896 $631,907 $167,989
2019 $8,697 $784,212 $619,516 $164,696
2018 $8,528 $768,836 $607,369 $161,467
2017 $8,379 $753,761 $595,460 $158,301
2016 $8,194 $738,982 $583,784 $155,198
2015 $8,114 $727,882 $575,015 $152,867
2014 $7,924 $713,624 $563,751 $149,873
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23085673

California Regional Multiple Listing Service (CRMLS)

APN: 425-301-15