NOT LISTED FOR SALE

Estimated Value: $6,112,000 - $6,631,000

3 Beds
2.5 Baths
3,165 Sq Ft
$2,014/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $5,800,000 $1,833 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $35,932/month

102 Days on Market

Highlights

  • Ocean View
  • New Construction
  • Fireplace in Primary Bedroom
  • Top Of The World Elementary School Rated A+
  • Gourmet Kitchen
  • Contemporary Architecture

About This Home

As of March 2024

This NEW (ground up), ocean-view, 3 bedroom + 2-1/2 bath light-filled, coastal contemporary jewel, designed by world renowned architect Paul McClean, will take your breath away! Panoramic ocean views, seamless indoor-outdoor flow and broad, brilliant glass treatments - windows, sliders, skylights and deck enclosures - allow for the enjoyment of shimmering waters and splendid sunsets while lounging or dining al-fresco. From the moment you enter the sophisticated, voluminous residence, you will enjoy stunning architectural features, including the luminous and dramatic glass bridge, curved ceiling detail and a central, expansive sky light. The sophisticated, Miele Chef's kitchen is accented with a large, sleek quartz island and walk-in pantry. The primary bedroom boasts a Calacatta porcelain slab linear fireplace, technology desk, 2 generous, custom walk-in closets, dual vanities, freestanding tub and steam shower. Designer finishes include creamy, Italian porcelain flooring, glossy porcelain slab fireplaces and European style cabinetry. Six spacious decks provide private, relaxing space for soaking in spectacular views of the ocean, green hillsides and twinkling city lights! This entertainer's delight, meticulously built and developed by Pacific Cove Development, includes tech-savvy features, like a smart home system to control lighting, audio/ video, cameras, security and more with the home's touch screen tablets or your personal mobile device. A 3-stop, elevator provides direct access from the private, 2-car garage. Pre-wired for flat screens, motorized shades and EV-charger ready. Situated on a tranquil, cul-du-sac... near the beach, village, art galleries, boutiques and restaurants, this magnificent residence is the perfect retreat for those seeking coastal, contemporary elegance, while immersed in the beauty of Laguna Beach.

Last Agent to Sell the Property

Lauri Lappin

Lappin Realty Group License #01439532 Listed on: 11/09/2023

Last Buyer's Agent

John Stanaland

DOUGLAS ELLIMAN OF CALIFORNIA, INC. License #01223768

DOUGLAS ELLIMAN OF CALIFORNIA, INC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 4,792 Sq Ft Lot
  • Cul-De-Sac
  • Glass Fence
  • Wrought Iron Fence
  • Stucco Fence
  • Drip System Landscaping

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Side by Side Parking
  • Driveway
  • Controlled Entrance

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Trees
  • Hills

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,165 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Entryway
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Porcelain Tile

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Bathtub with Shower
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Security Lights
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 644-122-58

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: This NEW (ground up), coastal, contemporary residence is a magnificent gem by world renowned architect, Paul McClean. This 3 BR + 2-1/2 BA home is the epitome of sleek sophistication with panoramic ocean views, exquisite design finishes and smart technology. Brilliant walls of glass open to (6) expansive decks, creating a seamless indoor-outdoor flow, as well as the perfect spot to enjoy the sunset. The chef's kitchen is accented with a glossy quartz island, Euro style cabinetry and top-of-the line appliances. A luminous glass bridge, separating the living and dining rooms, provides just the right amount of drama. The primary suite is complete with spacious walk-in closets, linear fireplace, technology desk and a luxurious master bath. A 3-stop elevator provides direct access from the private, 2-car garage. Near the beach, village, art galleries, boutiques and wonderful restaurants
  • Entry Location: Elevator
  • Living Area: 3165
  • Lot Acreage: 0.1100
  • Planned Urban Dev: 0
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2023
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Elevator, High Ceilings (9 Feet+), Home Automation System, Living Room Deck Attached, Recessed Lighting
  • Fireplace Rooms: Living Room, Master Bedroom, Dining, Gas
  • Flooring: Porcelain, Tile
  • Bedrooms: 3
  • Fireplaces: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Powder Room, Shower and Tub, Steam Shower
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Gourmet Kitchen, Island, Pantry, Quartz Counters
  • Laundry: Room, Inside
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Refrigerator, Range/Oven, Vented Exhaust Fan, Washer, Built-Ins, Alarm System
  • Fireplace: Yes
  • Price Per S Q F T: 2022.12
  • Windows: Skylights, Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Custom Built, High Ceilings (9 Feet+), Balcony
  • Other Structures: None
  • Fence: Stucco Wall, Wrought Iron, Glass/Plexiglass
  • Patio: Deck(s), Enclosed, Patio Open, Living Room Deck Attached
  • Pool: No
  • Roof: Metal
  • Spa Yn: No
  • View: Catalina, City Lights, Ocean, Tree Top, Panoramic, Hills, Coastline
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Controlled Entrance, Garage - 2 Car, Side By Side, Attached, Private Garage, Driveway, Direct Entrance
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Multi/Zone, Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Prewired for alarm system
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Drip System
  • Assessor Parcel Number: 644-122-58
  • Lot Location: Cul-De-Sac
  • Lot Size Area: 4792

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Mar 12, 2024
Sold by
Invinceable Inc
Bought by
Senn Properties Llc
Seller's Agent
Lauri Lappin
Lappin Realty Group
Buyer's Agent
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
List Price
$6,400,000
Sold Price
$5,800,000
Premium/Discount to List
-$600,000
-9.38%
Views
104
Current Estimated Value
$6,375,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,558
Avg. Annual Appreciation
5.43%

Purchase Details

Listed on
Jul 18, 2016
Closed on
Sep 14, 2016
Sold by
Rakov Robyn Sue
Bought by
Invinceable Inc
Seller's Agent
Hillary Caston
Berkshire Hathaway HomeService
Buyer's Agent
Robert Langley
Zutila, Inc
List Price
$1,250,000
Sold Price
$1,142,000
Premium/Discount to List
-$108,000
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.38%

Purchase Details

Closed on
Jul 17, 2012
Sold by
Rakov Robyn
Bought by
Rakov Robyn Sue

Purchase Details

Closed on
May 25, 2001
Sold by
Berger Jerry
Bought by
Rakov Robyn

Purchase Details

Closed on
Mar 20, 2001
Sold by
Munushian Jack
Bought by
Rakov Robyn

Purchase Details

Closed on
Apr 23, 1997
Sold by
Jack Munushian
Bought by
Munushian Jack
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
Senn Properties Llc $5,800,000 Stewart Title
Invinceable Inc $1,142,000 Equity Title Inland Dempire
Rakov Robyn Sue -- None Available
Rakov Robyn -- Gateway Title Company
Rakov Robyn $255,000 Gateway Title Company
Munushian Jack -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2024 03/20/24 Sold $5,800,000 -9.4% $1,833 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $6,400,000 0.0% $2,022 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $6,400,000 +460.4% $2,022 / Sq Ft
10/07/2016 10/07/16 Sold $1,142,000 -8.6% $361 / Sq Ft View Prior Sale
09/13/2016 09/13/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $1,250,000 -- $395 / Sq Ft
Source: The MLS

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 $31,533 $5,916,000 $3,607,488 $2,308,512
2024 $31,533 $3,024,406 $1,634,054 $1,390,352
2023 $27,807 $2,638,509 $1,602,014 $1,036,495
2022 $26,970 $2,560,981 $1,570,602 $990,379
2021 $26,597 $2,530,185 $1,539,806 $990,379
2020 $24,580 $2,338,089 $1,524,018 $814,071
2019 $20,164 $1,901,171 $1,494,136 $407,035
2018 $15,409 $1,464,840 $1,464,840 $0
2017 $12,105 $1,142,000 $1,142,000 $0
2016 $3,778 $324,583 $324,583 $0
2015 $3,984 $319,708 $319,708 $0
2014 $4,193 $313,446 $313,446 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-329099

The MLS

APN: 644-122-58