NOT LISTED FOR SALE

Estimated Value: $4,396,381 - $5,388,000

5 Beds
5.5 Baths
5,162 Sq Ft
$990/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $5,200,000 $1,007 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $30,810/month

Highlights

  • Golf Course Community
  • Infinity Pool
  • 0.61 Acre Lot
  • Del Sur Elementary School Rated A+
  • Primary Bedroom Suite
  • View of Hills

About This Home

As of September 2024

Welcome to 8463 Hidden Cove Way! Step into a world of elegance and sophistication with this Sterling Heights Plan 2 Estate, located in the prestigious guard gated community of The Lakes Above Rancho Santa Fe. Perched on one of the most coveted lake-view lots, this contemporary masterpiece offers 5,162 sq. ft. of thoughtfully designed living space. With 5 bedrooms, 5.5 baths, a custom office, and a next-gen suite, this home perfectly blends modern design with functional luxury. The Lakes Above Rancho Santa Fe offers an exceptional, family-friendly lifestyle within the highly acclaimed Poway Unified School District. Just half a mile away, The Crosby Club at Rancho Santa Fe provides access to world-class golf, dining, entertainment, and fitness amenities, with a range of optional membership levels. This prime location is only 12 minutes from the charming Village of Rancho Santa Fe and a short drive to Del Mar and Solana Beach, offering easy access to Southern California’s best. Enjoy proximity to 25 golf courses, 17 parks, 4 scenic hiking reserves within 10 miles, and over 79 restaurants within a 5-mile radius. Conveniently located near the I-15 and CA-56 freeways, this home provides seamless access to everything San Diego has to offer.

Last Agent to Sell the Property

David Butler

Real Broker License #02040296 Listed on: 09/09/2024

Real Broker

Co-Listed By

Julie Butler

Real Broker License #02028216

Last Buyer's Agent

Cesar Zepe Ybarra

Coldwell Banker West License #01850330

Coldwell Banker West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,628

Year Built

  • Built in 2020

Lot Details

  • 0.61 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Private Yard
  • Back and Front Yard
  • Property is zoned R-1:Single Fam-Res

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • 6 Open Parking Spaces

Property Views

  • Hills
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 5,162 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Home Office
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Infinity Pool
  • Fireplace in Patio
  • Outdoor Fireplace

Location

  • Suburban Location

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Tax Tract Number 15707
  • Assessor Parcel Number 2674411000
  • $10,894 per year additional tax assessments

Community Details

Overview

  • The Lakes HOA, Phone Number (858) 832-7268
  • Community Lake
  • Foothills
  • Mountainous Community

Recreation

  • Golf Course Community
  • Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,628

Year Built

Built in 2020

Lot Details

0

HOA Fees

$570 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:Single Fam-Res
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2674411000
  • Year Built: 2020
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5162.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Family Room, Outside, Patio
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1007.36
  • Room Type: Family Room, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Suite, Office, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: Hills, Neighborhood
  • Fence: No
  • Pool Features: In Ground, Infinity
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Biking Trails, Guard, Hiking Trails, Horse Trails, Lake or Pond
  • Association Fee: 570.00
  • Association Fee Frequency: Monthly
  • Association Name: The Lakes HOA
  • Phone: 858-832-7268
  • Senior Community: No
  • Community Features: Foothills, Golf, Horse Trails, Mountainous, Suburban, Biking, Hiking, Lake, Park

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Yard
  • Lot Size Sq Ft: 26571.00
  • Lot Size Acres: 0.6100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 26571.0000 Square Feet
  • Number Of Units In Community: 105

Tax Info

  • Tax Tract Number: 015707
  • TaxOtherAnnualAssessmentAmount: 10894.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Aug 16, 2024
Sold by
Russell Robert and Miles Shannon
Bought by
Gayra Llc
Seller's Agent
David Butler
Real Broker
Buyer's Agent
Cesar Zepe Ybarra
Coldwell Banker West
List Price
$5,250,000
Sold Price
$5,200,000
Premium/Discount to List
-$50,000
-0.95%
Current Estimated Value
$5,112,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,655
Avg. Annual Appreciation
-1.53%

Purchase Details

Closed on
Sep 16, 2020
Sold by
Lennar Homes Of California Inc
Bought by
Russell Robert and Miles Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,202,066
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Aug 25, 2020
Sold by
Ms Riatto The Lakes Ca Llc
Bought by
Lennar Homes Of California Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,202,066
Interest Rate
2.8%
Mortgage Type
VA
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
Gayra Llc $5,200,000 Lawyers Title
Russell Robert $2,202,500 Calatlantic Title Company
Lennar Homes Of California Inc $1,756,000 Calatlantic Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Robert $2,202,066
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2024 09/09/24 For Sale $5,250,000 +1.0% $1,017 / Sq Ft
09/06/2024 09/06/24 Sold $5,200,000 -- $1,007 / 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 $37,628 $5,200,000 $3,700,000 $1,500,000
2024 $37,628 $2,429,668 $886,840 $1,542,828
2023 $36,797 $2,382,028 $869,451 $1,512,577
2022 $35,419 $2,265,107 $844,560 $1,420,547
2021 $34,790 $2,202,066 $828,000 $1,374,066
2020 $14,969 $425,000 $425,000 $0
2019 $13,820 $400,000 $400,000 $0
2018 $8,855 $400,000 $400,000 $0
2017 $8,536 $375,000 $375,000 $0
2016 $9,150 $450,000 $450,000 $0
2015 $10,128 $450,000 $450,000 $0
2014 $7,921 $258,000 $258,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2408095

California Regional Multiple Listing Service (CRMLS)

APN: 267-441-10