NOT LISTED FOR SALE

Estimated Value: $5,735,000 - $49,479,310

6 Beds
9 Baths
15,000 Sq Ft
$1,840/Sq Ft Est. Value

Last Sold November 12, 2018

Last sale price $30,500,000 $2,033 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $184,752/month

143 Days on Market

Highlights

  • White Water Ocean Views
  • Wine Cellar
  • Home Theater
  • El Morro Elementary School Rated A+
  • 24-Hour Security
  • Heated Infinity Pool

About This Home

As of November 2018

This extraordinary estate located at 9 Del Mar is offered for sale on the most coveted street within Newport Coast. Positioned on a 30,000 square foot “due west” peninsula front row lot, the 15,000 (livable) square foot estate offers unimpeded views of Pelican Hill Golf Course, Newport Beach Harbor, Pacific Ocean coastlines all the way to Palos Verdes, with Catalina and year-round sunsets situated in the backdrop. The estate boasts 6 bedroom suites, two powder rooms, and one external pool bath. Behold timeless elegance complimented by state of the art technology in every room within the property. From the two-story great room with salt water aquarium, ocean facing mahogany clad study, gourmet chef’s kitchen with butler’s pantry, formal dining and living room, to the 3300 square foot subterranean garage, 10-person 3D home theater, game room equipped with golf simulator and racing seats, home gym, billiards room, and elevator to all three levels, this estate lives as its own personal coastal resort. Once outside, the expansive grounds offer the highest sense of privacy and seclusion adorned with mature palms, waterfalls, saline infinity edge pool, fire bowls, electric heaters, pool pavilion, ocean facing upper and lower lawn with putting green, and is the only estate with an interior auto court outfitted with an automotive turn table. 9 Del Mar is truly the finest estate offered in Crystal Cove.

Last Agent to Sell the Property

Rex Mckown

Compass License #01275953 Listed on: 05/01/2018

Compass

Co-Listed By

Marcy Weinstein

Compass License #01094198

Last Buyer's Agent

Rob Smith

Compass License #01113111

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $352,259

Year Built

  • Built in 2010

Lot Details

  • 0.69 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $1,015 Monthly HOA Fees

Parking

  • 8 Car Attached Garage
  • Parking Available

Property Views

  • White Water Ocean
  • Bay
  • Harbor
  • Catalina
  • City Lights
  • Golf Course

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Spanish Tile Roof

Interior Spaces

  • 15,000 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Dual Staircase
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Double Door Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Theater
  • Home Office
  • Bonus Room
  • Game Room
  • Home Gym
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Home Security

  • Intercom
  • Smart Home
  • Fire Sprinkler System

Pool

  • Heated Infinity Pool
  • Spa

Outdoor Features

  • Balcony
  • Fireplace in Patio
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Phone System

Additional Features

  • Accessible Elevator Installed
  • Suburban Location

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 16455
  • Assessor Parcel Number 47726105

Community Details

Overview

  • Keystone Pacific Association, Phone Number (949) 376-4551

Amenities

  • Clubhouse
  • Laundry Facilities

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$352,259

Year Built

Built in 2010

Lot Details

0

HOA Fees

$1,015 per month

Parking

8

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • Security: 24 Hour Security, Fire Sprinkler System, Gated Community, Gated with Guard
  • Subdivision Name Other: Crystal Cove Estate Collection (CCEC)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47726105
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 15000.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Coffered Ceiling(s), Elevator, Furnished, High Ceilings, Home Automation System, Intercom, Open Floorplan, Phone System, Recessed Lighting, Stone Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Double Door Entry
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Dining Room, Family Room, Living Room, Master Bedroom, Outside, Patio, Fire Pit, Great Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2033.33
  • Room Type: Bonus Room, Entry, Exercise Room, Family Room, Formal Entry, Game Room, Home Theatre, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Separate Tub And Shower, Soaking Tub, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Stone Counters, Utility Sink, Walk-In Pantry

Exterior Features

  • Exterior Features: Barbecue Private
  • View: Bay, Catalina, City Lights, Golf Course, Harbor, Ocean, White Water
  • Pool Features: Private, Heated, In Ground, Infinity
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Garage, Subterranean
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Microwave, Range Hood, Refrigerator
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Dues Paid Monthly
  • Association Fee: 1015.00
  • Association Fee Frequency: Monthly
  • Association Name: Keystone Pacific
  • Phone: 949-376-4551
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 30162.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 48
  • Tax Tract Number: 16455

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Sep 25, 2018
Sold by
Gareeb Nabeel
Bought by
Brandywine Ct Llc
Seller's Agent
Rex Mckown
Compass
Buyer's Agent
Rob Smith
Compass
List Price
$35,000,000
Sold Price
$30,500,000
Premium/Discount to List
-$4,500,000
-12.86%
Total Days on Market
143
Current Estimated Value
$27,607,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,892,845
Avg. Annual Appreciation
-1.17%
Original Mortgage
$16,500,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2009
Sold by
Gareeb Nabeel
Bought by
Gareeb Nabeel and The Nabeel Gareeb Trust Ii
Source: Public Records

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Range of Values:

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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
Brandywine Ct Llc $30,500,000 Chicago Title Co
Gareeb Nabeel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandywine Ct Llc $16,500,000
Closed Brandywine Ct Llc $16,500,000
Previous Owner Gareeb Nabeel $19,600,000
Previous Owner Gareeb Nabeel $19,600,000
Previous Owner Gareeb Nabeel $14,000,000
Previous Owner Gareeb Nabeel $12,500,000
Previous Owner Gareeb Nabeel $7,500,000
Previous Owner Gareeb Nabeel $7,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2018 11/12/18 Sold $30,500,000 -12.9% $2,033 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $35,000,000 +14.8% $2,333 / Sq Ft
06/13/2018 06/13/18 Off Market $30,500,000 -- --
05/01/2018 05/01/18 For Sale $35,000,000 -- $2,333 / 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
2024 $352,259 $33,356,205 $27,253,974 $6,102,231
2023 $344,389 $32,702,162 $26,719,582 $5,982,580
2022 $337,692 $32,060,944 $26,195,669 $5,865,275
2021 $331,382 $31,432,299 $25,682,029 $5,750,270
2020 $327,779 $31,110,000 $25,418,691 $5,691,309
2019 $322,788 $30,500,000 $24,920,285 $5,579,715
2018 $168,992 $15,772,430 $10,254,628 $5,517,802
2017 $163,037 $15,099,060 $9,875,184 $5,223,876
2016 $159,327 $14,803,000 $9,681,552 $5,121,448
2015 $140,082 $13,018,743 $7,897,295 $5,121,448
2014 $137,393 $12,763,724 $7,742,598 $5,021,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18099834

California Regional Multiple Listing Service (CRMLS)

APN: 477-261-05