NOT LISTED FOR SALE

Estimated Value: $9,110,000 - $21,306,381

5 Beds
5.5 Baths
6,109 Sq Ft
$2,489/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $21,000,000 $3,438 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $99,676/month

926 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • 24-Hour Security
  • El Morro Elementary School Rated A+
  • Property has ocean access
  • Heated Spa

About This Home

As of January 2019

This extraordinary property offers a once in a lifetime opportunity to own one of the few, but celebrated properties along the highly coveted front row of Emerald Bay, a treasured enclave of seaside homes nestled between the blue waters of the Pacific Ocean and the hillsides of the Laguna Coast Wilderness Park. Magnificent, extraordinary, and unparalleled are words that only begin to describe this wonderful property located at the center of what is arguably the most beautiful beach along the Southern California coastline. This five level home is masterfully constructed offering five bedrooms and five and one half bathrooms with, panoramic views from each of the bedrooms and living areas. Other features include a grand and luxurious master suite, plentiful deck and outdoor space, a secluded beachside grass area and garden, jacuzzi that provides sit-down, sunset views, and direct beach access to the private and exclusive half-mile, white sand stretch of this alluring and scenic cove. The guard-gated community of Emerald Bay offers exceptional amenities that include six tennis courts, large pool complex, multiple parks and playgrounds, and an endless list of activities and events for residents of all ages.

Last Agent to Sell the Property

Celeste Gilles

Pacific Sotheby’s International Realty License #01209187 Listed on: 06/13/2016

Pacific Sotheby’s International Realty

Last Buyer's Agent

Robert Giem

Plus Real Estate License #01082750

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $214,931

Year Built

  • Built in 1991

Lot Details

  • 7,562 Sq Ft Lot
  • Beach Front

HOA Fees

  • $737 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Custom Home
  • Slate Roof

Interior Spaces

  • 6,109 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Bar
  • Crown Molding
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Two Way Fireplace
  • Raised Hearth
  • See Through Fireplace
  • Gas Fireplace
  • Double Door Entry
  • French Doors
  • Panel Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Storage
  • Utility Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Fireplace in Patio
  • Patio
  • Outdoor Fireplace
  • Terrace
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill
  • Wrap Around Porch

Location

  • Property is near a park
  • Suburban Location

Schools

  • El Morro Elementary School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 975
  • Assessor Parcel Number 05305034

Community Details

Amenities

  • Community Fire Pit
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Meeting Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Additional Features

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$214,931

Year Built

Built in 1991

Lot Details

0

HOA Fees

$737 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • Subdivision Name Other: Emerald Bay (EB)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05305034
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6109.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Elevator, Granite Counters, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Storage, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors, Panel Doors
  • Eating Area: Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Fire Pit, Gas, Raised Hearth, Living Room, Master Retreat, Outside, Patio, See Through, Two Way
  • Levels: Three Or More
  • Price Per Square Foot: 3437.55
  • Room Type: Dressing Area, Entry, Family Room, Formal Entry, Living Room, Master Suite, Walk-In Pantry, Walk-In Closet, Retreat, Office, Utility Room
  • Spa Features: Association, Heated, Private
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck, Patio, Stone, Terrace, Wrap Around
  • Pool Features: Association, Community, Heated
  • Pool Private: No
  • Roof: Slate
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Garage, Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Double Oven, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Instant Hot Water, Ice Maker, Refrigerator
  • Heating Type: Central, Forced Air, Zoned
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Banquet Facilities, Clubhouse, Dues Paid Annually, Fire Pit, Guard, Meeting Room, Pet Rules, Picnic Area, Playground, Pool, Recreation Room, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 8840.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Storm Drains, Suburban

Schools

  • School District: Laguna Beach Unified
  • Elementary School: El Morro
  • Elementary School: El Morro
  • Elementary School #2: ELMOR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Park Nearby
  • Lot Size Sq Ft: 7562.00
  • Price Per Lot Square Foot: 4628.41
  • Lot Size Acres: 0.1740

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7562.0000 Square Feet
  • Number Of Units In Community: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 975

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Jan 10, 2019
Sold by
Isola Thomas A and Isola Mary June
Bought by
Brighton Road Investments Llc
Seller's Agent
Celeste Gilles
Pacific Sotheby’s International Realty
Buyer's Agent
Robert Giem
Plus Real Estate
List Price
$35,000,000
Sold Price
$21,000,000
Premium/Discount to List
-$14,000,000
-40%
Current Estimated Value
$15,208,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,791,809
Avg. Annual Appreciation
-1.75%

Purchase Details

Closed on
Nov 19, 1997
Sold by
Armstrong Robert A and Armstrong Margaret
Bought by
Isola Thomas A and Isola Mary June
Source: Public Records

Range of Values:

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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
Brighton Road Investments Llc $21,000,000 Chicago Title Company
Isola Thomas A -- Orange Coast Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Sold $21,000,000 -10.6% $3,438 / Sq Ft
12/26/2018 12/26/18 Pending -- -- --
10/02/2018 10/02/18 Price Changed $23,500,000 -11.3% $3,847 / Sq Ft
03/01/2017 03/01/17 Price Changed $26,500,000 -11.6% $4,338 / Sq Ft
10/03/2016 10/03/16 Price Changed $29,975,000 -14.4% $4,907 / Sq Ft
06/13/2016 06/13/16 For Sale $35,000,000 -- $5,729 / 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 $214,931 $21,730,529 $21,730,529 --
2024 $214,931 $21,157,382 $21,157,382 --
2023 $227,961 $22,516,243 $20,742,532 $1,773,711
2022 $223,685 $22,074,749 $20,335,816 $1,738,933
2021 $219,401 $21,641,911 $19,937,074 $1,704,837
2020 $217,139 $21,420,000 $19,732,644 $1,687,356
2019 $90,802 $8,933,664 $7,568,444 $1,365,220
2018 $89,038 $8,758,495 $7,420,044 $1,338,451
2017 $87,293 $8,586,760 $7,274,553 $1,312,207
2016 $85,653 $8,418,393 $7,131,915 $1,286,478
2015 $84,387 $8,291,941 $7,024,787 $1,267,154
2014 $82,786 $8,129,514 $6,887,181 $1,242,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG16126945

California Regional Multiple Listing Service (CRMLS)

APN: 053-050-34