NOT LISTED FOR SALE

Estimated Value: $8,099,000 - $56,939,742

8 Beds
12 Baths
18,650 Sq Ft
$1,744/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $28,000,000 $1,501 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $201,854/month

236 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • In Ground Pool
  • El Morro Elementary School Rated A+
  • Home Theater
  • Primary Bedroom Suite

About This Home

As of December 2016

Gracing two premier lots in Crystal Cove, 8 Mystique is the finest property ever publicly offered in Newport Coast. Encompassing approximately 18,600 square feet of living space and nearly 37,000 square feet of resort-quality grounds, this estate offers an unprecedented level of luxury living with every amenity imaginable. Included in a long list of awe-inspiring features are: Ocean views from every major room above ground, on-grade & subterranean garages for 10 cars, gym with shower and steam room, a 16-seat theater, a dedicated sports pub area, a refrigerated wine room with storage for 1,200 bottles, and a commercial style elevator. Aside from the infinite array of creature comforts, 8 Mystique exudes elegance exquisitely exhibited in the artistry of every surface, of every room, many of which are appointed with reclaimed antique fireplaces. There is much to explore and admire in this flawless estate; you will discover what luxury living in Southern California truly means.

Last Agent to Sell the Property

Rex Mckown

Compass License #01275953 Listed on: 03/10/2016

Compass

Co-Listed By

Marcy Weinstein

Compass License #01094198

Last Buyer's Agent

Cindy Chin

Cindy Chin Realty License #01921826

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $339,782

Year Built

  • Built in 2009

Lot Details

  • 0.85

HOA Fees

  • $1,806 Monthly HOA Fees

Parking

  • 8 Car Garage

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina
  • City Lights

Interior Spaces

  • 18,650 Sq Ft Home
  • Elevator
  • Dual Staircase
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room
  • Home Theater
  • Home Office
  • Library with Fireplace

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Outdoor Fireplace
  • 0.85 Acre Lot
  • Suburban Location
  • Zoned Heating and Cooling

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 16455
  • Assessor Parcel Number 47710249

Home Details

Home Type

Single Family

Est. Annual Taxes

$339,782

Year Built

Built in 2009

Lot Details

0

HOA Fees

$1,806 per month

Parking

8

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Crystal Cove Estate Collection (CCEC)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47710249
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 18650.00 Square Feet
  • Interior Amenities: 2 Staircases, Elevator
  • Common Walls: No Common Walls
  • Full Bathrooms: 9
  • Full And Three Quarter Bathrooms: 9
  • Half Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace Features: Family Room, Library, Master Bedroom, Outside
  • Levels: Three Or More
  • Price Per Square Foot: 1501.34
  • Room Type: Family Room, Formal Entry, Guest/Maid's Quarters, Library, Living Room, Master Bedroom, Master Suite, Walk-In Closet, Office, Home Theatre, Wine Cellar
  • Spa Features: In Ground

Exterior Features

  • View: Catalina, City Lights, Coastline, Harbor, Ocean
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 1806.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 36933.00
  • Price Per Lot Square Foot: 947.66
  • Lot Size Acres: 0.8480

Multi Family

  • Lease Considered: No
  • Lot Size Area: 36933.0000 Square Feet

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 16455

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
Dec 16, 2016
Sold by
Mcmackin Ronald G and Mcmackin Cindy L
Bought by
May Long California Capital Llc
Seller's Agent
Rex Mckown
Compass
Buyer's Agent
Cindy Chin
Cindy Chin Realty
List Price
$35,000,000
Sold Price
$28,000,000
Premium/Discount to List
-$7,000,000
-20%
Current Estimated Value
$32,519,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,519,371
Avg. Annual Appreciation
0.26%

Purchase Details

Closed on
Oct 21, 2004
Sold by
Irvine Community Development Co Llc
Bought by
Mcmackin Ronald G and Mcmackin Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,937,625
Interest Rate
5.74%
Mortgage Type
Seller Take Back
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
May Long California Capital Llc $28,000,000 Fidelity National Title Co
Mcmackin Ronald G -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmackin Ronald G $13,000,000
Previous Owner Mcmackin Ronald G $7,600,000
Previous Owner Mcmackin Ronald G $4,325,000
Previous Owner Mcmackin Ronald G $5,000,000
Previous Owner Mcmackin Ronald G $7,500,000
Previous Owner Mcmackin Ronald G $4,000,000
Previous Owner Mcmackin Ronald G $4,937,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $28,000,000 -20.0% $1,501 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $35,000,000 +25.0% $1,877 / Sq Ft
05/11/2016 05/11/16 Off Market $28,000,000 -- --
03/10/2016 03/10/16 For Sale $35,000,000 -- $1,877 / 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 $339,782 $32,496,407 $25,400,365 $7,096,042
2024 $339,782 $31,859,223 $24,902,319 $6,956,904
2023 $332,254 $31,234,533 $24,414,038 $6,820,495
2022 $325,396 $30,622,092 $23,935,332 $6,686,760
2021 $319,392 $30,021,659 $23,466,011 $6,555,648
2020 $316,358 $29,713,824 $23,225,396 $6,488,428
2019 $311,816 $29,131,200 $22,769,996 $6,361,204
2018 $305,952 $28,560,000 $22,323,525 $6,236,475
2017 $301,738 $28,000,000 $21,885,808 $6,114,192
2016 $153,644 $13,942,354 $7,828,162 $6,114,192
2015 $150,229 $13,732,927 $7,710,575 $6,022,352
2014 $147,465 $13,463,918 $7,559,535 $5,904,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16050412

California Regional Multiple Listing Service (CRMLS)

APN: 477-102-49