$23,900,000
SOLD MAY 5, 2025
6 Beds
7.5 Baths
7,449 Sq Ft
0.68 Acres

Recently Sold

$3,208 Per Sq Ft

4% Below List Price

Highlights

  • Ocean View
  • Detached Guest House
  • 24-Hour Security
  • Harbor View Elementary School Rated A
  • Wine Cellar
  • 4-minute walk to Reef Point Park

About This Home

As of May 2025

Introducing a rare gem in the esteemed Crystal Cove community, 7 Spinnaker is situated on an oversized nearly 30,000 square foot front-row lot, epitomizing upscale living with its calming ocean and canyon vistas and sophisticated design and privacy, spanning 7,449 +/- square feet (including a brand-new additional dwelling unit of 1,200 square feet).

Last Agent to Sell the Property

John Cain

Pacific Sotheby's Int'l Realty Brokerage Phone: 949.478.7772 License #01467294 Listed on: 04/29/2025

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Robert Pfeif

Pfeif Group, Inc. License #01292044

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $174,151

Year Built

  • Built in 2017

Lot Details

  • 0.68 Acre Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Back and Front Yard

HOA Fees

  • $892 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • Hills
  • Pool

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Spanish Tile Roof

Interior Spaces

  • 7,449 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Awning
  • Custom Window Coverings
  • Window Screens
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Home Office
  • Loft
  • Storage

Kitchen

  • Kitchenette
  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Doors swing in
  • Doors are 32 inches wide or more

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Detached Guest House

Location

  • Property is near a park
  • Suburban Location

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Tankless Water Heater
  • Water Purifier

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 15613
  • Assessor Parcel Number 48916128
  • Seller Considering Concessions

Community Details

Overview

  • Crystal Cove Association, Phone Number (800) 428-5588
  • First Service Residential HOA
  • Maintained Community
  • Foothills
  • Property is near a preserve or public land

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$174,151

Year Built

Built in 2017

Lot Details

0

HOA Fees

$892 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Gated with Attendant, Carbon Monoxide Detector(s), Fire Sprinkler System, Gated Community, Gated with Guard, Guarded, Smoke Detector(s)
  • Subdivision Name Other: Coral Crest
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 48916128
  • Year Built: 2017
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7449.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, High Ceilings, In-Law Floorplan, Pantry, Quartz Counters, Recessed Lighting, Storage, Unfurnished
  • Stories: 2
  • Entry Location: Ground level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 32 Inch Or More Wide Doors, Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 5
  • Total Bedrooms: 6
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen, Separated
  • Entry Level: 1
  • Fireplace Features: Family Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3208.48
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private, In Ground
  • Window Features: Custom Covering, Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Primary Bath, Exhaust Fan(s), Linen Closet/Storage, Main Floor Full Bath, Privacy Toilet Door, Quartz Counters, Remodeled, Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Kitchenette, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House, Guest House Detached
  • Exterior Features: Awning(s), Lighting, Rain Gutters
  • View: Hills, Ocean, Panoramic, Pool, Water
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Patio And Porch Features: Covered, Patio, Wood
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Warming Drawer, Water Heater, Water Purifier
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Individual Room, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Playground, Tennis Court(s), Clubhouse, Maintenance Grounds, Pets Permitted, Management, Guard, Security, Controlled Access
  • Association Fee: 892.00
  • Association Fee Frequency: Monthly
  • Association Name: Crystal Cove
  • Phone: 800-428-5588
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Foothills, Hiking, Park, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: First Service Residential

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
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lot 6500-9999, Park Nearby, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 29729.00
  • Lot Size Acres: 0.6825

Multi Family

  • Lease Considered: No
  • Lot Size Area: 29729.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 4
  • Tax Tract Number: 15613

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2022
Sold by
Ruixia Living Trust
Bought by
Ruixia Zheng Irrevocable Gift Trust
Current Estimated Value
$14,293,713

Purchase Details

Closed on
Aug 23, 2018
Sold by
Zheng Ruixia
Bought by
Zheng Ruixia and The Ruixia Living Trust

Purchase Details

Listed on
Mar 5, 2017
Closed on
Oct 25, 2017
Sold by
The New Homes Company Southersn Californ
Bought by
Zheng Ruixia
Seller's Agent
Jay Larson
You First Realty
Buyer's Agent
Jonaguo Guo
Surterre Properties Inc
List Price
$7,526,158
Sold Price
$7,811,641
Premium/Discount to List
$285,483
3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$2,991,641
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- --
Interfamily Deed Transfer -- None Available
Grant Deed $7,812,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,991,641 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2025 05/05/25 Sold $23,900,000 -3.6% $3,208 / Sq Ft
04/29/2025 04/29/25 For Sale $24,800,000 +217.5% $3,329 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
12/13/2017 12/13/17 Sold $7,811,641 +2.1% $1,180 / Sq Ft View Prior Sale
04/29/2017 04/29/17 Pending -- -- --
04/19/2017 04/19/17 Price Changed $7,649,527 +1.6% $1,156 / Sq Ft
04/12/2017 04/12/17 Price Changed $7,526,158 0.0% $1,137 / Sq Ft
04/12/2017 04/12/17 For Sale $7,526,158 +2.1% $1,137 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
03/05/2017 03/05/17 For Sale $7,372,233 -- $1,114 / 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 $174,151 $16,246,570 $13,536,665 $2,709,905
2024 $174,151 $15,714,718 $13,271,240 $2,443,478
2023 $97,814 $8,624,713 $6,859,077 $1,765,636
2022 $96,239 $8,455,601 $6,724,585 $1,731,016
2021 $93,555 $8,211,805 $6,592,730 $1,619,075
2020 $92,937 $8,127,604 $6,525,130 $1,602,474
2019 $91,273 $7,968,240 $6,397,187 $1,571,053
2018 $89,569 $7,812,000 $6,271,751 $1,540,249
2017 $6,705 $118,799 $118,799 $0
2016 $6,311 $116,470 $116,470 $0
2015 $6,240 $114,721 $114,721 $0
2014 $5,994 $112,474 $112,474 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25064340

California Regional Multiple Listing Service (CRMLS)

APN: 489-161-28