NOT LISTED FOR SALE

Estimated Value: $7,457,000 - $13,912,301

5 Beds
6 Baths
5,463 Sq Ft
$1,956/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $12,500,000 $2,288 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $69,252/month

68 Days on Market

Highlights

  • Boat Dock
  • Home Theater
  • Bay View
  • Newport Elementary School Rated A
  • Cabana
  • 4-minute walk to Degrassi Park

About This Home

As of December 2016

Sandy beaches and ocean breezes await you with this incredible Lido Island home, sitting on 60 feet of Newport Channel waterfront. Built on two lots, the impeccable Tuscan estate is overflowing with rustic style and amenities, like exposed wood beams, arched windows, wrought iron banisters, stone and wood floors and custom built-ins. This home truly embodies the Lido lifestyle and offers over 5400 sq. ft. of living space right on the water and next to a beach. The home boasts 4 bedrooms including a luxury master with his/her spa style en-suites, a main floor bedroom, 4 fireplaces, an elevator, a multi-purpose large laundry/craft room, gym space, and an office. The kitchen is gourmet, flowing out to the covered patio for indoor/outdoor entertaining and dining al fresco with the tranquility of the water rippling outside. This house features plenty of garage space and nearly 500 sq. ft. of basement, and the private dock offers two huge spots, for around 70’ vessel on the east side and a 50’ vessel on the west. Imagine walking to excellent restaurants, shops and activities. With this beauty on Lido, this is reality. Enjoy the ultimate in beach living in this magnificent home in Newport.

Last Agent to Sell the Property

Sean Stanfield

Pacific Sotheby's Int'l Realty License #01024996 Listed on: 09/16/2016

Pacific Sotheby's Int'l Realty

Co-Listed By

Branden Fella

Coldwell Banker Realty License #01860709

Last Buyer's Agent

Lee Ann Canaday

Remax Fine Homes License #00560041

Remax Fine Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $150,048

Year Built

  • Built in 2008

Lot Details

  • 5,400 Sq Ft Lot
  • Lot Dimensions are 60x90
  • Paved or Partially Paved Lot
  • Side Yard Sprinklers
  • Private Yard

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Three Garage Doors

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 5,463 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Wired For Sound
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Theater
  • Library with Fireplace
  • Game Room
  • Storage
  • Home Gym
  • Wood Flooring
  • Bay Views
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Home Security System
  • Security Lights
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed
  • Customized Wheelchair Accessible

Outdoor Features

  • Cabana
  • Living Room Balcony
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Fireplace
  • Terrace
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Hot Water Circulator
  • Water Softener
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 349
  • Tax Tract Number 907
  • Assessor Parcel Number 42327111

Community Details

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities

Recreation

  • Boat Dock
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$150,048

Year Built

Built in 2008

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 949 533 7500
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security Lights, Security System, Smoke Detector(s)
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42327111
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5463.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Brick Walls, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Elevator, Furnished, Granite Counters, High Ceilings, Home Automation System, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage, Unfurnished, Wet Bar, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Accessible Elevator Installed, Customized Wheelchair Accessible
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 475.00
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, In Kitchen, In Living Room
  • Fireplace Features: Family Room, Library, Living Room, Master Bedroom, Outside, Gas, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2288.12
  • Room Type: Basement, Exercise Room, Family Room, Game Room, Great Room, Home Theatre, Kitchen, Laundry, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Bay
  • Patio And Porch Features: Brick, Cabana, Concrete, Covered, Deck, Enclosed, Patio, Porch, Terrace
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Cable Connected, Phone Connected, Sewer Available, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Freezer, Disposal, Gas Range, Hot Water Circulator, Instant Hot Water, Microwave, Refrigerator, Tankless Water Heater, Water Softener
  • Heating Type: Central, Forced Air
  • Laundry Features: Common Area, In Garage, Individual Room
  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling: Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dock
  • Association Fee: 100.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Park Nearby, Paved, Sprinkler System, Sprinklers Manual, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size: 60x90
  • Lot Size Sq Ft: 5400.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 349
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Nov 29, 2016
Sold by
Brennan Charles C
Bought by
Rnvs Enterprises Lp
Seller's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
Buyer's Agent
Lee Ann Canaday
Remax Fine Homes
List Price
$12,750,000
Sold Price
$12,500,000
Premium/Discount to List
-$250,000
-1.96%
Current Estimated Value
$10,684,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,815,349
Avg. Annual Appreciation
-1.76%

Purchase Details

Listed on
Feb 19, 2014
Closed on
Apr 16, 2014
Sold by
The Watson Family Trust
Bought by
Brennan Charles C and The Charles C Brennan Living Trust
Seller's Agent
Marlys Vasterling
Lora Vance, Realtor
Buyer's Agent
Xavier Trevino
Berkshire Hathaway HomeServices California Properties
List Price
$10,200,000
Sold Price
$9,000,000
Premium/Discount to List
-$1,200,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.87%
Original Mortgage
$5,850,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2003
Sold by
Wells Fargo Bank Na
Bought by
Watson Noel G and Watson Phyllis H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1998
Sold by
Frances Westering Helen
Bought by
Wells Fargo Bank Na and Helen Frances Westering Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rnvs Enterprises Lp $12,500,000 Ticor Title
Brennan Charles C $9,000,000 First American Title Company
Watson Noel G $6,000,000 Stewart Title
Wells Fargo Bank Na -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brennan Charles C $5,850,000
Previous Owner Watson Noel G $2,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2016 12/05/16 Sold $12,500,000 -2.0% $2,288 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $12,750,000 +41.7% $2,334 / Sq Ft
05/27/2014 05/27/14 Sold $9,000,000 -11.8% $1,650 / Sq Ft
04/05/2014 04/05/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $10,200,000 +13.3% $1,870 / Sq Ft
02/15/2014 02/15/14 Off Market $9,000,000 -- --
10/24/2013 10/24/13 Price Changed $10,200,000 -7.2% $1,870 / Sq Ft
05/23/2013 05/23/13 For Sale $10,995,000 -- $2,016 / 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 $150,048 $14,507,323 $12,929,448 $1,577,875
2024 $150,048 $14,222,866 $12,675,929 $1,546,937
2023 $146,555 $13,943,987 $12,427,382 $1,516,605
2022 $144,150 $13,670,576 $12,183,708 $1,486,868
2021 $141,376 $13,402,526 $11,944,812 $1,457,714
2020 $140,022 $13,265,100 $11,822,333 $1,442,767
2019 $137,084 $13,005,000 $11,590,522 $1,414,478
2018 $134,338 $12,750,000 $11,363,256 $1,386,744
2017 $131,955 $12,500,000 $11,140,447 $1,359,553
2016 $98,164 $9,319,812 $7,887,711 $1,432,101
2015 $97,250 $9,179,820 $7,769,230 $1,410,590
2014 $85,966 $8,145,020 $6,668,182 $1,476,838
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16703856

California Regional Multiple Listing Service (CRMLS)

APN: 423-271-11