$8,880,000
SOLD SEP 29, 2017
6 Beds
9 Baths
10,310 Sq Ft
0.41 Acres

Recently Sold

$861 Per Sq Ft

10% Below List Price

171 Days on Market

Highlights

  • Wine Cellar
  • 24-Hour Security
  • Infinity Pool
  • Newport Coast Elementary School Rated A
  • Home Theater
  • Sauna

About This Home

As of September 2017

Located in the exclusive Pelican Crest community of Newport Coast, this lavish custom estate offers an abundance in modern-lux amenities to heighten everyday living. Upon entrance through the double glass doors, you’ll be dazzled by soaring two-story coffered ceilings and a sweeping floating staircase. Sprawling over 10,300 square feet, the open floor plan is highlighted by seamless white French limestone flooring throughout and includes a stunning formal dining room with sweeping floor-to-ceiling windows, chic gourmet chef’s kitchen with Viking and Miele appliances, family room complete with onyx fireplace and wet bar showcasing three sets of French doors leading into the spacious backyard. The lower level of the property spares no expense equipped with a gym, sauna, stunning wine cellar and stately movie theater. Traverse upstairs to be greeted by extravagant suites, including the master retreat featuring a spacious sitting area, sumptuous bathroom with his and her showers and deep soaking tub. The resort-style backyard is perfect for hosting grand parties, with a vanishing infinity-edge pool and spa, firepits and built-in bbq, all of which are outlined by breathtaking canyon and peek-a-boo ocean views. This home presents the ultimate in refined living and luxury.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 03/20/2017

Coldwell Banker Realty

Last Buyer's Agent

Michael Franco

Douglas Elliman of California Inc. License #01421021

Douglas Elliman of California Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $106,259

Year Built

  • Built in 2009

Lot Details

  • 0.41 Acre Lot
  • Fenced
  • Fence is in excellent condition
  • Landscaped
  • Sprinklers Throughout Yard
  • Private Yard
  • Lawn
  • Back Yard

HOA Fees

  • $775 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Parking Available

Property Views

  • City Lights
  • Peek-A-Boo
  • Canyon
  • Neighborhood

Home Design

  • Turnkey
  • Planned Development

Interior Spaces

  • 10,310 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Bar
  • Tray Ceiling
  • Two Story Ceilings
  • Recessed Lighting
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Storage
  • Laundry Room
  • Sauna
  • Home Gym
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Makeup or Vanity Space
  • Dual Sinks
  • Bathtub
  • Multiple Shower Heads

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Infinity Pool
  • In Ground Spa

Outdoor Features

  • Tile Patio or Porch
  • Outdoor Fireplace
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 15604
  • Assessor Parcel Number 47313213

Community Details

Overview

  • Newport Coast Community Association, Phone Number (949) 448-6181
  • Pelican Crest Community Association

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Additional Features

  • Community Barbecue Grill
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$106,259

Year Built

Built in 2009

Lot Details

0

HOA Fees

$775 per month

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Gated Community, Gated with Guard, Guarded, Smoke Detector(s)
  • Subdivision Name Other: Pelican Crest (NCPC)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47313213
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 10310.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Storage, Tray Ceiling(s), Two Story Ceilings
  • 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, French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Retreat, Outside
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 861.30
  • Room Type: Entry, Exercise Room, Family Room, Foyer, Great Room, Home Theatre, Kitchen, Living Room, Main Floor Bedroom, Master Suite, Office, Sauna, Walk-In Closet, Wine Cellar
  • Spa Features: In Ground
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Dual Shower Heads (or Multiple), Vanity Area
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Other Structures: Sauna Private
  • Exterior Features: Barbecue Private
  • View: Canyon, City Lights, Neighborhood, Peek-A-Boo
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Patio, Tile
  • Pool Features: Private, In Ground, Infinity
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Range Hood, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Pelican Crest Community Association
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground, Guard, Security
  • Association Fee: 775.00
  • Association Fee Frequency: Monthly
  • Association Name: Newport Coast Community Association
  • Phone: 949-448-6181
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Lawn, Planned Unit Development, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Yard
  • Lot Size Sq Ft: 17834.00

Multi Family

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

Tax Info

  • Tax Lot: 30
  • Tax Tract Number: 15604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2017
Closed on
Sep 8, 2017
Sold by
Yacoel Claude L
Bought by
Adonis Gardenlimited Partnership
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Michael Franco
Douglas Elliman of California Inc.
List Price
$9,895,000
Sold Price
$8,880,000
Premium/Discount to List
-$1,015,000
-10.26%
Current Estimated Value
$10,195,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,315,682
Avg. Annual Appreciation
3.15%

Purchase Details

Closed on
Nov 14, 2011
Sold by
Gozali Dheddy and Gozali Sharyl
Bought by
Yacoel Claude L and Yacoel Michelle Covington

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2004
Sold by
Pelican Homes Llc
Bought by
Gozali Dheddy and Gozali Sharyl

Purchase Details

Closed on
Jan 10, 2000
Sold by
Woo Steve Y and Woo Jolynne E
Bought by
Weeda Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
7.96%
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 Type Sale Price Title Company
Grant Deed $8,880,000 Ticor Title Co
Grant Deed $6,350,000 Lawyers Title Company
Grant Deed $1,400,000 First American Title Co
Grant Deed $750,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,884,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,000,000 New Conventional
Previous Owner $4,623,000 New Conventional
Previous Owner $2,310,000 Construction
Previous Owner $496,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $8,880,000 -10.3% $861 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $9,895,000 +55.8% $960 / Sq Ft
01/20/2012 01/20/12 Sold $6,350,000 -13.6% $617 / Sq Ft
12/14/2011 12/14/11 Pending -- -- --
09/15/2011 09/15/11 Price Changed $7,350,000 -8.1% $714 / Sq Ft
07/05/2011 07/05/11 For Sale $7,995,000 -- $776 / 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 $106,259 $9,905,808 $5,846,155 $4,059,653
2023 $103,869 $9,711,577 $5,731,525 $3,980,052
2022 $102,156 $9,521,154 $5,619,142 $3,902,012
2021 $99,247 $9,334,465 $5,508,963 $3,825,502
2020 $99,338 $9,238,752 $5,452,475 $3,786,277
2019 $97,449 $9,057,600 $5,345,563 $3,712,037
2018 $95,507 $8,880,000 $5,240,748 $3,639,252
2017 $75,028 $6,872,359 $3,138,996 $3,733,363
2016 $76,817 $6,737,607 $3,077,447 $3,660,160
2015 $76,248 $6,636,402 $3,031,221 $3,605,181
2014 $74,498 $6,506,405 $2,971,844 $3,534,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17055468

California Regional Multiple Listing Service (CRMLS)

APN: 473-132-13