$7,496,000 - $11,392,023
RENTED JAN 30, 2025
5 Beds
6.5 Baths
5,300 Sq Ft
$1,661 Price per Sq Ft

Highlights

  • Ocean View
  • Property has ocean access
  • Home Theater
  • Harbor View Elementary School Rated A
  • 24-Hour Security
  • Heated Spa

About This Home

As of January 2025

Exceptional quality and floor plan, from this single family residence located in the guard-gated, oceanfront enclave of Pelican Point. Situated along Pelican Hill South golf course, enjoy both main floor views of the course, and second floor ocean vistas. Featuring 5 bedroom suites, including one downstairs, plus office, the home is sophisticated yet comfortable. The open floor plan includes formal living and dining rooms, with great room including casual dining, living, culinary kitchen and wet bar. The master suite, replete with private seating area and his & hers bathrooms & walk-in closets. Multiple patios and stone laid backyard provide the perfect vignettes for entertaining or daily enjoyment. Additional elements include 10’ ceilings throughout, elevator, Beaumaniere limestone and natural wood flooring, lush carpeted bedroom, oversized laundry room, elegant window coverings, in-ground spa, and 3-car tandem garage with built-in storage.

Last Agent to Rent the Property

Steven Sergi

VALIA Properties Brokerage Phone: 949-292-6545 License #01417942 Listed on: 06/07/2024

Last Renter's Agent

Drew D'Angelo

Kase Real Estate License #01935951

Kase Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $83,941

Year Built

  • Built in 1998

Lot Details

  • 0.31 Acre Lot
  • Property fronts a private road
  • Wrought Iron Fence
  • Stucco Fence
  • Landscaped
  • Level Lot
  • Lawn
  • Front Yard
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces

Property Views

  • Ocean
  • Catalina
  • Golf Course

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 5,300 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar
  • Crown Molding
  • Wainscoting
  • High Ceiling
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower
  • Closet In Bathroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Stone Porch or Patio
  • Outdoor Grill

Schools

  • Harbor View Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Two cooling system units
  • Central Heating
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $50,000
  • Rent includes association dues, gardener, pool
  • 12-Month Minimum Lease Term
  • Available 4/11/22
  • Tax Lot 43
  • Tax Tract Number 14063
  • Assessor Parcel Number 47509104

Community Details

Overview

  • Property has a Home Owners Association
  • Pelican Point Subdivision

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$83,941

Year Built

Built in 1998

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2022-04-11
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 5000
  • Deposit Security: 50000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Total Move In Costs: 77000.00

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: 24 Hour Security, Gated with Guard, Security System, Smoke Detector(s)
  • Subdivision Name Other: Pelican Point (NCPP)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 47509104
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5300.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Crown Molding, Elevator, Furnished, High Ceilings, Wainscoting, Wet Bar
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 4.72
  • Room Type: Entry, Family Room, Formal Entry, Laundry, Living Room, Main Floor Bedroom, Primary Suite, Media Room, Office, Retreat, Walk-In Closet, Walk-In Pantry
  • Spa Features: Heated, In Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Primary Bath, Separate Tub And Shower, Soaking Tub, Stone Counters, Vanity Area, Walk-In Shower

Exterior Features

  • Patio: Yes
  • View: Catalina, Golf Course, Ocean
  • Fence: Yes
  • Fencing: Stucco Wall, Wrought Iron
  • Patio And Porch Features: Patio, Stone
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 1
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Freezer, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Harbor View
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Harbor View
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: HARVIE
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13365.00
  • Lot Size Acres: 0.3068
  • Latitude Manual: 33.58653000

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 13365.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener, Pool
  • Waterfront Features: Ocean Access, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 43
  • Tax Tract Number: 14063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2013
Sold by
Murray Keith D and Murray Mara
Bought by
Highwater Kadiem Llc
Current Estimated Value
$8,803,008

Purchase Details

Closed on
May 2, 2007
Sold by
Murray Keith D and Murray Mara R
Bought by
Murray Keith D and Murray Mara

Purchase Details

Closed on
Jan 18, 2007
Sold by
Dekker John C and Dekker Pamela J
Bought by
Murray Keith D and Murray Mara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2006
Sold by
Williams Terry L
Bought by
Dekker John C and Dekker Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,770,000
Interest Rate
7.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2000
Sold by
Frey Rosemarie T
Bought by
Frey Rosemarie T and Rosemarie T Frey Living Trust

Purchase Details

Closed on
Aug 19, 1999
Sold by
Frey Rosemarie T
Bought by
Frey Rosemarie T and The Frey Family Trust

Purchase Details

Closed on
Feb 18, 1997
Sold by
Irvine Community Development Company
Bought by
Frey Walter W and Frey Rosemarie T
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
Highwater Kadiem Llc -- None Available
Murray Keith D -- Accommodation
Murray Keith D -- Fidelity National Title
Dekker John C $5,800,000 California Title Company
Frey Rosemarie T -- --
Frey Rosemarie T -- --
Frey Rosemarie T -- --
Frey Rosemarie T -- --
Frey Walter W -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murray Keith D $4,500,000
Previous Owner Dekker John C $3,770,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2025 01/30/25 Rented $25,000 0.0% --
01/25/2025 01/25/25 Off Market $25,000 -- --
09/16/2024 09/16/24 Price Changed $25,000 -10.1% $5 / Sq Ft
06/07/2024 06/07/24 For Rent $27,800 +18.3% --
08/11/2022 08/11/22 Rented $23,500 -13.0% --
04/04/2022 04/04/22 For Rent $27,000 +42.1% --
10/15/2019 10/15/19 Rented $19,000 -7.3% --
08/12/2019 08/12/19 Price Changed $20,500 -8.9% $4 / Sq Ft
03/13/2019 03/13/19 For Rent $22,500 +7.1% --
03/17/2017 03/17/17 Rented $21,000 -4.5% --
02/22/2017 02/22/17 For Rent $22,000 -- --
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 $83,941 $7,946,802 $5,720,152 $2,226,650
2024 $83,941 $7,790,983 $5,607,992 $2,182,991
2023 $61,522 $5,722,200 $3,849,480 $1,872,720
2022 $60,505 $5,610,000 $3,774,000 $1,836,000
2021 $59,048 $6,755,000 $4,959,349 $1,795,651
2020 $66,188 $6,120,000 $4,324,349 $1,795,651
2019 $64,995 $7,123,862 $5,127,792 $1,996,070
2018 $64,058 $5,916,000 $4,155,557 $1,760,443
2017 $73,246 $6,703,147 $4,942,704 $1,760,443
2016 $72,802 $6,571,713 $4,845,788 $1,725,925
2015 $72,103 $6,473,000 $4,773,000 $1,700,000
2014 $56,587 $5,064,576 $3,364,576 $1,700,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24114284

California Regional Multiple Listing Service (CRMLS)

APN: 475-091-04