NOT LISTED FOR SALE

Estimated Value: $2,122,000 - $2,297,000

3 Beds
3 Baths
2,469 Sq Ft
$1,620/mo HOA Fee

Last Sold August 22, 2024

Last sale price $2,070,000 $838 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $15,496/month

17 Days on Market

Highlights

  • Ocean View
  • Boat Dock
  • Filtered Pool
  • Property has ocean access
  • Fitness Center
  • Fishing

About This Home

As of August 2024

Extraordinary Hamilton Cove Penthouse Villa. One of the most spectacular full ocean view villas that exists at the Cove. Experience elegant living in this rare 3 bedroom, 2 & 3/4 bath Penthouse Villa. Boasting 2,469 square feet, located in the prestigious Hamilton Cove gated community, overlooking some of the most coveted, unobstructed views of the Blue Pacific Ocean and the beautiful hills of Catalina Island. The large entry greets you with high vaulted ceilings, and has a beautiful dedicated wet bar with double french doors, mirrored glass shelves, sink, and a small bar refrigerator. Step into this open villa which features fully vaulted wood beamed ceilings, a large step-down living room with a wood burning fireplace and double French doors leading to an expansive deck for entertaining and capturing the breathtaking panoramic ocean views. Enjoy a well appointed kitchen with granite counter tops, mahogany cabinetry, and stainless appliances, and a bar counter top. A large separate dining room with double French doors leading to the huge patio all overlooking the beautiful ocean views, thus making this a great space to entertain and enjoy a dinner party. This Villa boasts two of the three bedrooms as Master suites, all with full ocean view. The oversize main master bedroom is closest to the ocean, and boasts a wood burning fireplace, a large sitting room, and double French doors opening to the spacious deck overlook the ocean. The en-suite "spa like" main bath has all the amenities one would expect from a high end one of a kind property. the large en-suite bathroom features, double sink vanity, a large oval soaking tub, large walk-in shower, and a separate water closet. This bedroom also has a walk in closet. A second en-suite main bedroom has a large built in closet, French doors to the deck and the sea, and the bath features a large oval soaking tub, step-in shower, and double vanity sinks. Fall asleep to the sounds of the ocean and awake too beautiful sunrises. A third guest bedroom and a 3/4 guest bath with tiled step in shower. Architectural features, high vaulted wood beamed ceiling, beautiful built-in cabinetry and shelves, travertine flooring flows throughout and breath taking views from every room. This exceptional villa comes beautifully furnished and includes a golf cart.

Last Agent to Sell the Property

Bart Glass

Bart M. Glass, Broker Brokerage Phone: 310-510-0190 License #00965405 Listed on: 06/21/2024

Co-Listed By

Kelly Brown

Kelly Nelson Brown Real Estate Brokerage Phone: 310-510-0190 License #01313763

Last Buyer's Agent

Anita Petersen

Keller Williams West Ventura County License #01998611

Keller Williams West Ventura County

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • Property fronts a private road
  • No Common Walls

HOA Fees

  • $1,620 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a pier
  • Catalina
  • Panoramic
  • Canyon
  • Mountain

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Turnkey
  • Fire Rated Drywall
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,469 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Shutters
  • Drapes & Rods
  • Entryway
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Storage
  • Stone Flooring

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available
  • Assigned Parking

Accessible Home Design

  • More Than Two Accessible Exits

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool
  • Permits For Spa

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Living Room Balcony
  • Covered Patio or Porch

Schools

  • Call City High School

Utilities

  • Cooling Available
  • Heating Available
  • Underground Utilities
  • 220 Volts in Kitchen
  • Private Water Source
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 69836
  • Assessor Parcel Number 7480047036

Community Details

Overview

  • 191 Units
  • Hamilton Cove Homeowners Asssociation Association, Phone Number (310) 510-9500
  • Mountainous Community

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Meeting Room

Recreation

  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Water Sports

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Guard
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

0

HOA Fees

$1,620 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: All furniture, furnishings, TV's, kitchenware and a golf cart.
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Fire and Smoke Detection System, Fire Sprinkler System
  • View: Yes
  • Zoning: AVU*
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7480047036
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2469.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Furnished, Granite Counters, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Storage, Wet Bar
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 838.40
  • Room Type: Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite
  • Spa Features: Association, Community, Heated, In Ground, Permits
  • Window Features: Drapes, Shutters
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Exhaust Fan(s), Granite Counters, Main Floor Full Bath, Separate Tub And Shower
  • Room Kitchen Features: Granite Counters, Stone Counters

Exterior Features

  • Patio: Yes
  • View: Canyon, Catalina, Mountain(s), Ocean, Panoramic, Pier, Water
  • Patio And Porch Features: Covered, Deck, Patio, Patio Open
  • Pool Features: Association, Community, Fenced, Filtered, Heated, Electric Heat, In Ground
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Electric
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground, Dock, Pier, Tennis Court(s), Gym/Ex Room, Clubhouse, Meeting Room, Pet Rules, Guard, Security
  • Association Fee: 1620.00
  • Association Fee Frequency: Monthly
  • Association Name: Hamilton Cove Homeowners Asssociation
  • Phone: 310510-9500
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Fishing, Watersports, Mountainous

Schools

  • High School: Call City
  • High School2: CALCIT

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 806665.00
  • Lot Size Acres: 18.5185
  • Latitude Manual: 33.35555400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 806665.0000 Square Feet
  • Number Of Units In Community: 191
  • Number Of Units Total: 191
  • Waterfront Features: Beach Access, Fishing in Community, Ocean Access

Tax Info

  • Tax Census Tract: 5990.00
  • Tax Lot: 1
  • Tax Tract Number: 69836

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Jul 3, 2024
Sold by
Living Trust Of Steven C Schreiner And R and Schreiner Steven C
Bought by
Bright Gaviota Llc
Seller's Agent
Bart Glass
Bart M. Glass, Broker
Buyer's Agent
Anita Petersen
Keller Williams West Ventura County
List Price
$2,349,000
Sold Price
$2,070,000
Premium/Discount to List
-$279,000
-11.88%
Views
109
Current Estimated Value
$2,262,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,780
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Dec 19, 2013
Sold by
Hamilton Land Holdings Inc
Bought by
Santa Catalina Island Real Estate Llc

Purchase Details

Closed on
Mar 10, 2011
Sold by
Grindstone Management Llc
Bought by
Schreiner Steven C and Schreiner Ronna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2009
Sold by
Ada Blanche W Schreiner Family Llc
Bought by
Grindstone Management Llc

Purchase Details

Closed on
Apr 14, 2006
Sold by
Santa Catalina Island Co
Bought by
Hamilton Land Holdings Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bright Gaviota Llc $2,070,000 Chicago Title Company
Santa Catalina Island Real Estate Llc -- First American Title Nhs
Schreiner Steven C $1,400,000 Equity Title Company
Grindstone Management Llc -- Equity Title Orange County-I
Hamilton Land Holdings Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schreiner Steven C $1,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2024 08/22/24 Sold $2,070,000 -11.9% $838 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $2,349,000 -- $951 / 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 $24,669 $2,070,000 $1,406,200 $663,800
2024 $24,669 $1,844,450 $56,518 $1,787,932
2023 $24,281 $1,808,285 $55,410 $1,752,875
2022 $22,780 $1,772,829 $54,324 $1,718,505
2021 $22,257 $1,738,068 $53,259 $1,684,809
2019 $21,773 $1,686,518 $51,680 $1,634,838
2018 $21,308 $1,653,450 $50,667 $1,602,783
2016 $19,632 $1,589,246 $48,700 $1,540,546
2015 $18,365 $1,540,375 $47,969 $1,492,406
2014 $18,132 $1,510,202 $47,030 $1,463,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24123799

California Regional Multiple Listing Service (CRMLS)

APN: 7480-047-036