NOT LISTED FOR SALE

Estimated Value: $6,168,000 - $21,253,066

6 Beds
7 Baths
9,391 Sq Ft
$1,460/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $21,500,000 $2,289 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $95,342/month

23 Days on Market

Highlights

  • On Golf Course
  • New Construction
  • Gated Parking
  • Gated with Attendant
  • Heated In Ground Pool
  • 0.6 Acre Lot

About This Home

As of September 2023

Stunning new and private warm contemporary with explosive golf and mountain views on one of the best streets in the ultra desired Madison Club. Top of the line design and construction and that special world class interior design touch that makes instant magic happen and gives you goose bumps as you walk in and imagine the life style experience this property would surely provide it's future very lucky owner. The perfect open floor plan with more than 13,000 SF under roof and Approx. 9,400 SF under A/C boasting a total of 9 beds (6 bedroom suites) including an approx. 1,800 SF 2-bedroom guest penthouse with fireplaces and mountain views, a killer cinema, Italian main kitchen and chef kitchen, a bar area, 3 car garage and an additional golf cart garage all tiled and with RGB lighting, shaded car port and large and gated motor court, a zero edge oversized pool with a large built in fire pit area, covered patio and loggia with 4 different sitting areas, outdoor living room with a fireplace, extensive BBQ area, a private master patio with a spa, outdoor shower and a fire pit, and one of the nicest closets/bath combos out there. A massive sound system fills the spaces with warm and fuzzy bass and perfect frequencies and 16 TV's plus one 210" screen deliver perfect images of the many Apple TV's around. Top of the line home automation and control and the most efficient AC system available today modulating up to 26 SEER joining the solar system of the house in maximizing future savings. Sold furnished and including 19 abstract art pieces curated especially for the property. And yes full sun on the pool and full shade on the covered patio all day...every day...weekends and winter included.

Last Agent to Sell the Property

Ginger Glass

Compass License #01478465 Listed on: 08/09/2023

Compass

Last Buyer's Agent

Ginger Glass

Compass License #01478465

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $272,726

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.6 Acre Lot
  • On Golf Course

HOA Fees

  • $1,753 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Gated Parking
  • Golf Cart Garage

Property Views

  • Golf Course
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 9,391 Sq Ft Home
  • 1-Story Property
  • Furnished
  • 6 Fireplaces
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Heated Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • Gated with Attendant

Listing and Financial Details

  • Assessor Parcel Number 779-490-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$272,726

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$1,753 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Builders Tract Code: 805
  • Living Area: 9391
  • Lot Acreage: 0.6000
  • Property Condition: New Construction
  • Stories: 1
  • Year Built: 2023
  • Builders Tract Name: The Madison
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Bedrooms: 6
  • Fireplaces: 6
  • Full Bathroom: 7
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 7.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 2661.59

Exterior Features

  • Other Structures: None
  • Pool Description: Heated
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: Golf Course, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 6
  • Parking Garage: Garage, Garage - 3 Car, Private, Gated, Golf Cart
  • Total Parking: 15

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated Community with Guard

Condo/Co-op/Association

  • HOA Fee Frequency: Quarterly
  • HOA Fees: 5260.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 779-490-040
  • Lot Description: Gated with Guard
  • Lot Location: On Golf Course
  • Lot Size Area: 26136

Rental Info

  • Furnished: Furnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Sep 7, 2023
Sold by
Barbara Is Ready Llc
Bought by
Peary Madison Club 81370 Llc
Seller's Agent
Ginger Glass
Compass
Buyer's Agent
Ginger Glass
Compass
List Price
$24,995,000
Sold Price
$21,500,000
Premium/Discount to List
-$3,495,000
-13.98%
Views
64
Current Estimated Value
$13,005,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,494,806
Avg. Annual Appreciation
-21.78%
Original Mortgage
$12,000,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2021
Sold by
Krebs Charles L and The Krebs Family Trust
Bought by
Barbara Is Ready Llc
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
Peary Madison Club 81370 Llc $21,500,000 Equity Title
Barbara Is Ready Llc $2,000,000 Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peary Madison Club 81370 Llc $15,050,000
Closed Barbara Is Ready Llc $12,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $21,500,000 -14.0% $2,289 / Sq Ft
08/09/2023 08/09/23 For Sale $24,995,000 +3232.7% $2,662 / Sq Ft
04/15/2013 04/15/13 Sold $750,000 -31.8% --
11/02/2012 11/02/12 Pending -- -- --
11/02/2012 11/02/12 For Sale $1,100,000 -- --
Source: The MLS

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 $272,726 $21,930,000 $5,100,000 $16,830,000
2023 $272,726 $7,980,800 $2,080,800 $5,900,000
2022 $26,525 $2,040,000 $2,040,000 $0
2021 $11,027 $853,232 $853,232 $0
2020 $10,905 $844,484 $844,484 $0
2019 $10,722 $827,926 $827,926 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-299347

The MLS

APN: 779-490-040