NOT LISTED FOR SALE

Estimated Value: $3,640,642 - $3,998,000

4 Beds
4.5 Baths
3,861 Sq Ft
$986/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $3,650,000 $945 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $23,263/month

9 Days on Market

Highlights

  • 24-Hour Security
  • Spa
  • Open Floorplan
  • Loma Ridge Elementary School Rated A
  • Primary Bedroom Suite
  • Near a National Forest

About This Home

As of April 2024

Nestled in the gated Portola Springs community of Lambert Ranch, this exquisite, former model home is a masterpiece of design and craftsmanship, featuring significant upgrades throughout. Situated on a promontory corner lot on a single-loaded street, 68 Peacevine boasts 4 bedrooms, 5 bathrooms, an office/bonus room, and a sizeable rear yard perfect for entertaining and al fresco dining. Upon entry, guests are met with an executive office and adjacent guest bathroom, an inviting, formal dining room currently offering seating for 12, and thereafter, at the heart of the home, a well-appointed chef's kitchen and a great room with handsome limestone fireplace and ample built-ins. The spacious kitchen is a culinary haven equipped with a large island, high-end stainless steel appliances, a Bertazzoni range, and a walk-in pantry, making it perfect for both casual meals and grand entertaining. Adjoining the kitchen and dining room, a dry bar with a wine refrigerator adds a touch of sophistication to hosting capabilities. The attractive layout includes a versatile, main-level, primary suite with garden views and a spa-like bath, complete with soaking tub and two oversized, walk-in closets, ideal for guests or as a ground-level primary suite. Upstairs, the second primary suite boasts a spa-like bathroom with soaking tub, dual sinks, a separate shower, a large walk-in closet and rear yard/tree top views; two additional guest en-suite bedrooms round out the top floor. Additional home features include two laundry rooms, (one on each floor and complete with sinks and cabinets), plantation shutters, tankless water heaters, and a two-car garage with built-in cabinets, overhead storage and epoxy flooring. Finally, the property continues to impress with a beautifully landscaped backyard, including a flagstone patio, firepit, mature olive trees and English garden; a truly, serene and breathtaking outdoor oasis. Lambert Ranch community amenities include 24-hour guard-gated security, pool, clubhouse, playground and manicured grounds, plus no Mello-Roos tax. A harmonious balance of privacy and sophistication, 68 Peacevine is an ideal Irvine sanctuary.

Last Agent to Sell the Property

Mahlia Rittenhouse

Coldwell Banker Realty Brokerage Email: MAHLIA@TIMSMITHGROUP.COM License #01920332 Listed on: 02/29/2024

Coldwell Banker Realty

Co-Listed By

Tim Smith

Coldwell Banker Realty Brokerage Email: MAHLIA@TIMSMITHGROUP.COM License #01346878

Last Buyer's Agent

Zujie Yan

Golden Orange Realty License #01927933

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,960

Year Built

  • Built in 2012

Lot Details

  • 6,812 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Corner Lot
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $483 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door

Interior Spaces

  • 3,861 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Dry Bar
  • High Ceiling
  • Recessed Lighting
  • Entryway
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Six Burner Stove
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Outdoor Features

  • Spa
  • Open Patio
  • Exterior Lighting

Location

  • Suburban Location

Schools

  • Jeffrey Trail Middle School
  • Portola High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Water Softener

Listing and Financial Details

  • Tax Lot 141
  • Tax Tract Number 16868
  • Assessor Parcel Number 58027112
  • $618 per year additional tax assessments

Community Details

Overview

  • Lambert Ranch Management Association, Phone Number (949) 833-2600
  • Keystone Pacific Management HOA
  • Built by The New Home Company
  • Near a National Forest
  • Foothills
  • Mountainous Community

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,960

Year Built

Built in 2012

Lot Details

0

HOA Fees

$483 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 949.292.9927
  • Other Phone Description: Mahlia Rittenho
  • Other Phone Number: 949.292.9927
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant
  • Subdivision Name Other: The Hills, Lambert Ranch
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 58027112
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3861.00 Square Feet
  • Interior Amenities: Built-in Features, Dry Bar, High Ceilings, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room, Separated
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 945.35
  • Room Type: Entry, Great Room, Laundry, Living Room, Main Floor Primary Bedroom, Primary Suite, Office, Two Primaries, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Primary Bath, Main Floor Full Bath, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Builder Name: The New Home Company
  • Patio And Porch Features: Patio, Patio Open
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Water Softener
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Tennis Court(s), Sport Court, Biking Trails, Hiking Trails, Clubhouse, Guard, Security
  • Association Fee: 483.00
  • Association Fee Frequency: Monthly
  • Association Name: Lambert Ranch Management
  • Phone: 9498332600
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Curbs, Dog Park, Foothills, Park, Mountainous, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Keystone Pacific Management

Schools

  • School District: Irvine Unified
  • Middle School: Jeffrey Trail
  • High School: Portola
  • High School: Portola
  • Middle Or Junior School: Jeffrey Trail
  • High School2: PORTO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Cul-De-Sac, Front Yard, Landscaped, Yard
  • Lot Size Sq Ft: 6812.00
  • Lot Size Acres: 0.1564

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6812.0000 Square Feet
  • Number Of Units In Community: 169
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 524.30
  • Tax Lot: 141
  • Tax Tract Number: 16868
  • TaxOtherAnnualAssessmentAmount: 618.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Mar 11, 2024
Sold by
Allen Family Trust and Allen Thomas D
Bought by
Gavin And Stella Family Trust and Xu
Seller's Agent
Mahlia Rittenhouse
Coldwell Banker Realty
Buyer's Agent
Zujie Yan
Golden Orange Realty
List Price
$3,195,000
Sold Price
$3,650,000
Premium/Discount to List
$455,000
14.24%
Views
62
Current Estimated Value
$3,811,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,180
Avg. Annual Appreciation
3.25%
Original Mortgage
$1,885,000
Outstanding Balance
$1,860,376
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$1,948,285

Purchase Details

Closed on
Jan 26, 2015
Sold by
Allen Thomas D and Allen Kathleen E
Bought by
Allen Family Trust

Purchase Details

Closed on
Jul 8, 2013
Sold by
Lr8 Owner Llc
Bought by
Allen Thomas D and Allen Kathleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,400
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Gavin And Stella Family Trust $3,650,000 Chicago Title
Allen Family Trust -- None Available
Allen Thomas D $1,851,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gavin And Stella Family Trust $1,885,000
Previous Owner Allen Thomas D $925,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $3,650,000 +14.2% $945 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
03/09/2024 03/09/24 For Sale $3,195,000 -12.5% $828 / Sq Ft
03/09/2024 03/09/24 Off Market $3,650,000 -- --
03/06/2024 03/06/24 Off Market $3,650,000 -- --
02/29/2024 02/29/24 For Sale $3,195,000 -- $828 / 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 $22,960 $3,723,000 $2,782,339 $940,661
2024 $22,960 $2,224,335 $1,473,749 $750,586
2023 $22,431 $2,180,721 $1,444,852 $735,869
2022 $21,981 $2,137,962 $1,416,521 $721,441
2021 $21,544 $2,096,042 $1,388,746 $707,296
2020 $21,323 $2,074,550 $1,374,506 $700,044
2019 $20,903 $2,033,873 $1,347,555 $686,318
2018 $20,489 $1,993,994 $1,321,133 $672,861
2017 $20,043 $1,954,897 $1,295,229 $659,668
2016 $19,651 $1,916,566 $1,269,832 $646,734
2015 $19,355 $1,887,778 $1,250,758 $637,020
2014 $18,976 $1,850,800 $1,226,258 $624,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG24030718

California Regional Multiple Listing Service (CRMLS)

APN: 580-271-12