NOT LISTED FOR SALE

Estimated Value: $6,290,000 - $14,825,675

4 Beds
5.5 Baths
4,041 Sq Ft
$2,613/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $13,000,000 $3,217 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $69,286/month

139 Days on Market

Highlights

  • White Water Ocean Views
  • 12,500 Sq Ft lot
  • Wood Flooring
  • El Morro Elementary School Rated A+
  • Living Room with Fireplace
  • Mediterranean Architecture

About This Home

As of October 2020

With uncompromising style and a rich history, this legendary oceanfront estate on the northern shore of Laguna Beach displays a thorough update while remaining true to its Early California Mission heritage. Postcard views overlooking Shaw's Cove stretch across the horizon to capture mesmerizing sunsets, breaking waves, the evening lights of Laguna Beach and the dramatic headlands of Dana Point. The multi-level residence, formerly home to one of Hollywood's leading actresses, is terraced down a bluff and offers direct access to the beach below, with numerous decks and balconies offering outdoor enjoyment above the sea, and a spacious front courtyard with mature tropical landscaping and stone decking for private entertaining. Tranquil interior spaces extend 4,041sf and feature a living room with fireplace and terrace access, a dining room with ornate custom ceiling, 4 bedrooms, 6 bathrooms, an office with a bay window and built-in cabinetry, and a top-level bonus room.

Last Agent to Sell the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 05/06/2020

Douglas Elliman of California, Inc.

Co-Listed By

Andy Stavros

License #01408840

Last Buyer's Agent

Tara Shapiro

Coldwell Banker Realty License #01892201

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $141,119

Year Built

  • Built in 2012

Lot Details

  • 0.29 Acre Lot
  • Property is zoned R1

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,041 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Entryway
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dressing Area

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Private Parking
  • Driveway

Outdoor Features

  • Open Patio
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 053-162-14

Home Details

Home Type

Single Family

Est. Annual Taxes

$141,119

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 4041
  • Stories: 3
  • Year Built: 2012
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Exterior, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Laundry Area, Room
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 3463.25

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Coastline, Ocean, Panoramic, Water, White Water
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage, Garage - 2 Car, Private

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 053-162-14
  • Geocode Override: No
  • Lot Size Area: 12500

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2024
Sold by
Gilbertson Scott Raymond and Gilbertson Sarah Jane
Bought by
Gilbertson Revocable Trust and Gilbertson
Total Days on Market
139
Current Estimated Value
$10,557,838

Purchase Details

Listed on
May 6, 2020
Closed on
Sep 17, 2020
Sold by
Miscione Janet
Bought by
Gilbertson Scott Raymond and Gilbertson Sarah Jane
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$14,250,000
Sold Price
$13,000,000
Premium/Discount to List
-$1,250,000
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.21%
Original Mortgage
$9,000,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2012
Closed on
Jun 1, 2012
Sold by
Miscione Eugene
Bought by
Miscione Janet
Seller's Agent
Victor Vasu
Pacific Sotheby's International Realty
Buyer's Agent
James St. James
Teles Properties
List Price
$8,100,000
Sold Price
$8,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%

Purchase Details

Listed on
May 17, 2012
Closed on
May 31, 2012
Sold by
Capital One Na
Bought by
Miscione Janet
Seller's Agent
Victor Vasu
Pacific Sotheby's International Realty
Buyer's Agent
James St. James
Teles Properties
List Price
$8,100,000
Sold Price
$8,100,000

Purchase Details

Closed on
Dec 23, 2011
Sold by
Smith Patrick N
Bought by
Capital One N A

Purchase Details

Closed on
Dec 19, 2008
Sold by
Smith Susan
Bought by
Cliff Investors Llc

Purchase Details

Closed on
Jul 13, 2006
Sold by
Hall Diane
Bought by
Smith Patrick N and The Patrick N Smith 2004 Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 11, 2006
Sold by
Simmons Susan K
Bought by
Smith Patrick N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 23, 2004
Sold by
Hall Diane
Bought by
Hall Diane and The Keaton Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2003
Sold by
Turner Henry Elliott
Bought by
Hall Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2001
Sold by
Turner Henry Elliott
Bought by
Turner Henry Elliott and The Turner Survivors Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.62%
Mortgage Type
Unknown
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
Gilbertson Revocable Trust -- None Listed On Document
Gilbertson Scott Raymond $13,000,000 Chicago Title Company
Miscione Janet -- Lsi Title Company
Miscione Janet $8,100,000 Lsi Title Company
Capital One N A $7,006,347 Accommodation
Cliff Investors Llc -- 1St American Title
Smith Susan -- 1St American Title
Smith Patrick N -- First American Title Co
Smith Patrick N -- Accommodation
Hall Diane -- --
Hall Diane -- Fidelity National Title
Turner Henry Elliott -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilbertson Scott Raymond $9,000,000
Previous Owner Gilbertson Scott Raymond $9,000,000
Previous Owner Smith Patrick N $7,400,000
Previous Owner Smith Patrick N $7,000,000
Previous Owner Hall Diane $5,000,000
Previous Owner Turner Henry Elliott $644,000
Previous Owner Turner Henry Elliott $644,000
Previous Owner Turner Henry Elliott $650,000
Previous Owner Turner Henry Elliott $300,000
Previous Owner Turner Virginia L $1,100,000
Closed Hall Diane $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $13,000,000 -7.1% $3,217 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
07/18/2020 07/18/20 Price Changed $13,995,000 -1.8% $3,463 / Sq Ft
05/06/2020 05/06/20 For Sale $14,250,000 +75.9% $3,526 / Sq Ft
06/15/2012 06/15/12 Sold $8,100,000 0.0% $1,845 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $8,100,000 -- $1,845 / Sq Ft
Source: The MLS

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 $141,119 $14,071,618 $12,945,665 $1,125,953
2024 $141,119 $13,795,704 $12,691,828 $1,103,876
2023 $138,182 $13,525,200 $12,442,968 $1,082,232
2022 $135,529 $13,260,000 $12,198,988 $1,061,012
2021 $132,874 $13,000,000 $11,959,792 $1,040,208
2020 $99,015 $9,667,879 $8,709,019 $958,860
2019 $97,292 $9,478,313 $8,538,254 $940,059
2018 $95,387 $9,292,464 $8,370,837 $921,627
2017 $93,499 $9,110,259 $8,206,703 $903,556
2016 $91,723 $8,931,627 $8,045,787 $885,840
2015 $90,346 $8,797,466 $7,924,932 $872,534
2014 $88,619 $8,625,136 $7,769,693 $855,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-580112

The MLS

APN: 053-162-14