Seller's Agent in 2020
Rob Smith
Compass
(949) 697-8855
4 in this area
28 Total Sales
8 Midsummer Newport Beach, CA 92657
Crystal Cove NeighborhoodEstimated Value: $6,814,000 - $44,890,284
6
Beds
11
Baths
13,430
Sq Ft
$1,925/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Fitness Center
- 24-Hour Security
- Harbor View Elementary School Rated A
- Wine Cellar
- 3-minute walk to Reef Point Park
About This Home
As of December 2020Newly completed in 2020, and situated on one of the finest ocean view lots in Crystal Cove, this Northern Italian-inspired custom built estate -- boasting the extraordinary design/build team of EBTA Architects, Pridemark Contractors & DeJager Design -- is now ready for immediate occupancy. At over 13,400 square feet of luxury interior living space, plus and additional 1,400 square feet of covered outdoor living space, the home offers six bedrooms and 11 baths, as well as the many additional rooms, spaces and amenities that one would expect in a property of this caliber. The main level is comprised of a two-story entry foyer, grand living/dining salon with a towering ceiling, and gourmet kitchen & morning room that open to a massive great room with panoramic views & adjacent lounge. A gracious guest suite, wood-paneled office/library, second kitchen and sizable butler’s pantry round out this floor. The upper level offers an expansive master suite with dual baths and closets, three additional bedroom suites, and a secondary laundry room. The expansive subterranean level includes a large entertainment area with bar and wine cellar, home theater, fitness room, nanny/housekeeping suite, large primary laundry room, and eight-car garage. Outside, the main loggia overlooks a beautiful pool, spa and cabana. Spectacular ocean, harbor, Catalina Island, city lights, sunsets and sweeping coastal vistas from San Clemente Island to Palos Verdes are featured throughout the residence.
Home Details
Home Type
- Single Family
Year Built
- Built in 2020 | New Construction
Lot Details
- 0.56 Acre Lot
- Property fronts a private road
- Cul-De-Sac
- West Facing Home
- Wrought Iron Fence
- Block Wall Fence
- New Fence
- Landscaped
- Corners Of The Lot Have Been Marked
- Irregular Lot
- Lot Sloped Down
- Sprinklers Throughout Yard
- Lawn
- Back and Front Yard
- Density is 2-5 Units/Acre
HOA Fees
- $1,015 Monthly HOA Fees
Parking
- 8 Car Direct Access Garage
- Front Facing Garage
- Single Garage Door
- Garage Door Opener
- Driveway Down Slope From Street
- Guest Parking
- On-Street Parking
Property Views
- White Water Ocean
- Coastline
- Bay
- Harbor
- Catalina
- Panoramic
- City Lights
- Golf Course
- Bluff
- Hills
Home Design
- Custom Home
- Mediterranean Architecture
- Entry on the 1st floor
- Turnkey
- Planned Development
- Barrel Roof Shape
- Combination Foundation
- Slab Foundation
- Frame Construction
- Tile Roof
- Clay Roof
- Stone Siding
- Steel Beams
- Pre-Cast Concrete Construction
- Plaster
- Stucco
Interior Spaces
- 13,430 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Wet Bar
- Wired For Sound
- Wired For Data
- Built-In Features
- Bar
- Crown Molding
- Beamed Ceilings
- Coffered Ceiling
- Two Story Ceilings
- Skylights
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Insulated Windows
- French Mullion Window
- Double Door Entry
- French Doors
- Sliding Doors
- Panel Doors
- Wine Cellar
- Family Room with Fireplace
- Great Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room with Fireplace
- Home Theater
- Home Office
- Library with Fireplace
- Recreation Room
- Bonus Room
- Game Room
- Sun or Florida Room
- Storage
- Utility Room
- Home Gym
- Center Hall
- Finished Basement
- Sump Pump
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Double Self-Cleaning Oven
- Six Burner Stove
- Built-In Range
- Free-Standing Range
- Range Hood
- Warming Drawer
- Microwave
- Ice Maker
- Water Line To Refrigerator
- Dishwasher
- Kitchen Island
- Stone Countertops
- Pots and Pans Drawers
- Built-In Trash or Recycling Cabinet
- Self-Closing Drawers and Cabinet Doors
- Utility Sink
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 6 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Upgraded Bathroom
- Maid or Guest Quarters
- Stone Bathroom Countertops
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Separate Shower
- Exhaust Fan In Bathroom
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
Home Security
- Alarm System
- Security Lights
- Smart Home
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Accessible Home Design
- Accessible Elevator Installed
Pool
- Heated Infinity Pool
- Cabana
- Filtered Pool
- Heated Spa
- In Ground Spa
- Gas Heated Pool
- Saltwater Pool
- Permits For Spa
- Permits for Pool
Outdoor Features
- Balcony
- Covered Patio or Porch
- Fireplace in Patio
- Outdoor Fireplace
- Terrace
- Fire Pit
- Exterior Lighting
- Outdoor Storage
- Outdoor Grill
- Rain Gutters
Location
- Property is near clubhouse and 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
- Underground Utilities
- Natural Gas Connected
- Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 31
- Tax Tract Number 16457
- Assessor Parcel Number 48918146
Community Details
Overview
- Crystal Cove Community Association, Phone Number (949) 376-4551
- Keystone Pacific HOA
- Built by Pridemark
- Custom
- Maintained Community
- Foothills
- Property is near a preserve or public land
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Picnic Area
- Clubhouse
- Banquet Facilities
- Meeting Room
- Card Room
- Recreation Room
- Service Entrance
Recreation
- Tennis Courts
- Sport Court
- Community Playground
- Fitness Center
- Community Pool
- Community Spa
- Hiking Trails
- Bike Trail
Security
- 24-Hour Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2020
Closed on
Dec 10, 2020
Sold by
8 Midsummer Llc
Bought by
Shuman David and The Midsummer Trust
Seller's Agent
Rob Smith
Compass
Buyer's Agent
Jordan Cohen
RE/MAX One
List Price
$28,000,000
Sold Price
$25,000,000
Premium/Discount to List
-$3,000,000
-10.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$852,142
Avg. Annual Appreciation
0.65%
Purchase Details
Listed on
Sep 15, 2013
Closed on
Aug 25, 2014
Sold by
Irvine Community Development Company Llc
Bought by
8 Midsummer Llc
Seller's Agent
Maureen White
Compass
Buyer's Agent
Rob Smith
Compass
List Price
$7,100,000
Sold Price
$7,100,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.04%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shuman David | $25,000,000 | Chicago Title Company | |
| 8 Midsummer Llc | $7,000,000 | First American Title Company |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/22/2020 12/22/20 | Sold | $25,000,000 | -5.7% | $1,862 / Sq Ft | |
| 12/10/2020 12/10/20 | Pending | -- | -- | -- | |
| 08/26/2020 08/26/20 | Price Changed | $26,500,000 | -5.4% | $1,973 / Sq Ft | |
| 05/15/2020 05/15/20 | For Sale | $28,000,000 | +12.0% | $2,085 / Sq Ft | |
| 03/17/2020 03/17/20 | Off Market | $25,000,000 | -- | -- | |
| 01/29/2020 01/29/20 | For Sale | $28,000,000 | +294.4% | $2,085 / Sq Ft | |
| 08/28/2014 08/28/14 | Sold | $7,100,000 | 0.0% | -- | View Prior Sale |
| 08/28/2014 08/28/14 | Pending | -- | -- | -- | |
| 09/15/2013 09/15/13 | For Sale | $7,100,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $288,824 | $27,060,804 | $18,155,461 | $8,905,343 |
| 2024 | $288,824 | $26,530,200 | $17,799,471 | $8,730,729 |
| 2023 | $282,226 | $26,010,000 | $17,450,461 | $8,559,539 |
| 2022 | $277,255 | $25,500,000 | $17,108,295 | $8,391,705 |
| 2021 | $272,066 | $25,000,000 | $16,772,838 | $8,227,162 |
| 2020 | $160,473 | $14,589,701 | $8,056,713 | $6,532,988 |
| 2019 | $145,601 | $13,152,799 | $7,898,739 | $5,254,060 |
| 2018 | $113,534 | $10,115,069 | $7,743,862 | $2,371,207 |
| 2017 | $83,787 | $7,248,885 | $7,248,885 | $0 |
| 2016 | $82,096 | $7,106,750 | $7,106,750 | $0 |
| 2015 | $80,912 | $7,000,000 | $7,000,000 | $0 |
| 2014 | $6,408 | $131,221 | $131,221 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rob Smith
-
Jordan Cohen
Buyer's Agent in 2020
Jordan Cohen
RE/MAX
(818) 435-5219
214 Total Sales
-
M
Seller's Agent in 2014
Maureen White
Compass
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20020076
APN: 489-181-46
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