R
Seller's Agent in 2021
Robert Giem
Plus Real Estate
(949) 933-7046
45 Total Sales
Estimated Value: $7,949,000 - $51,324,404
6
Beds
9
Baths
10,000
Sq Ft
$2,964/Sq Ft
Est. Value
Highlights
- Beach Front
- White Water Ocean Views
- Guarded Parking
- El Morro Elementary School Rated A+
- Property has ocean access
- Wine Cellar
About This Home
As of December 2021Irvine Cove is considered the most scenic private beach on the coast of Orange County – and home to the area’s most expensive and desirable properties. Only five homes in the community open onto the sands of this private beach – and 2431 Riviera is the largest and most private. The parcel of approximately one-half acre features 180 linear feet of frontage on the sand. Surrounded by spacious terraces and mature gardens, this sublime Mediterranean Revival style residence feels like a private resort. Walls of glass enhance the striking views of the emerald waters seen from every major room. Nearly ten thousand square feet of interior space is arranged in a flowing plan of graciously scaled rooms. The great room alone is nearly one thousand square feet - and features three seaward exposures. The warmth of the surroundings is reflected in the colors and materials selected for the home, which include honed limestone floors, artisanal bronze, and finely crafted millwork. The interiors are uniquely harmonious with the seaside locale. This is an incomparable opportunity to live and entertain without compromise in a private beach setting.
Last Agent to Sell the Property
Plus Real Estate License #01082750 Listed on: 10/01/2021
Home Details
Home Type
- Single Family
Year Built
- Built in 1996 | Remodeled
Lot Details
- 0.48 Acre Lot
- Beach Front
- Cul-De-Sac
- Private Yard
HOA Fees
- $550 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- 3 Open Parking Spaces
- Parking Available
- Front Facing Garage
- Three Garage Doors
- Garage Door Opener
- Combination Of Materials Used In The Driveway
- Auto Driveway Gate
- Off-Street Parking
- Guarded Parking
Property Views
- White Water Ocean
- Coastline
- Catalina
- Panoramic
- Rock
Home Design
- Custom Home
- Turnkey
- Planned Development
- Spanish Tile Roof
Interior Spaces
- 10,000 Sq Ft Home
- Elevator
- Open Floorplan
- Wet Bar
- Wired For Sound
- Wired For Data
- Built-In Features
- Bar
- Beamed Ceilings
- Cathedral Ceiling
- Skylights
- Double Pane Windows
- Custom Window Coverings
- Double Door Entry
- French Doors
- Sliding Doors
- Wine Cellar
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Formal Dining Room
- Home Theater
- Home Office
- Library with Fireplace
- Storage
- Laundry Room
Kitchen
- Kitchenette
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Gas Oven
- Six Burner Stove
- Built-In Range
- Indoor Grill
- Range Hood
- Warming Drawer
- Ice Maker
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 6 Bedrooms | 1 Main Level Bedroom
- Retreat
- Fireplace in Primary Bedroom
- Fireplace in Primary Bedroom Retreat
- Primary Bedroom Suite
- Walk-In Closet
- Maid or Guest Quarters
Home Security
- Smart Home
- Fire and Smoke Detector
Pool
- Cabana
- Filtered Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Property has ocean access
- Ocean Side of Highway 1
- Living Room Balcony
- Deck
- Enclosed Patio or Porch
- Fireplace in Patio
- Outdoor Fireplace
- Terrace
- Exterior Lighting
- Outdoor Grill
Utilities
- Forced Air Heating and Cooling System
- Water Purifier
Listing and Financial Details
- Tax Lot 45
- Tax Tract Number 2818
- Assessor Parcel Number 05331901
Community Details
Overview
- Irvine Cove Association
- Irvine Cove Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
Recreation
- Tennis Courts
- Community Playground
Security
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2021
Closed on
Dec 14, 2021
Sold by
Irvine Ove 2004 Llc
Bought by
Dream Vista Llc
Seller's Agent
Robert Giem
Plus Real Estate
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$45,000,000
Sold Price
$43,000,000
Premium/Discount to List
-$2,000,000
-4.44%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,363,298
Avg. Annual Appreciation
-8.66%
Purchase Details
Closed on
Nov 12, 2015
Sold by
Allen Russell G
Bought by
Irvine Cove 2004 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 30, 2005
Sold by
Thompson William S and Thompson Nancy E
Bought by
Nevills Neil D and The Irvine Cove 2004 Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 3, 1996
Sold by
Thompson William S and Thompson Nancy E
Bought by
Thompson William S and Thompson Nancy E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dream Vista Llc | $43,000,000 | Lawyers Title | |
| Irvine Cove 2004 Llc | -- | First American Title Company | |
| Nevills Neil D | -- | Fidelity National Title | |
| Thompson William S | -- | -- | |
| Thompson William S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Irvine Cove 2004 Llc | $4,500,000 | |
| Previous Owner | Nevills Neil D | $1,000,000 | |
| Closed | Nevills Neil D | $9,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/16/2021 12/16/21 | Sold | $43,000,000 | -4.4% | $4,300 / Sq Ft |
| 10/01/2021 10/01/21 | For Sale | $45,000,000 | -- | $4,500 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $456,952 | $45,782,737 | $41,811,595 | $3,971,142 |
| 2024 | $456,952 | $44,888,970 | $40,991,760 | $3,897,210 |
| 2023 | $445,270 | $43,860,000 | $40,188,000 | $3,672,000 |
| 2022 | $436,858 | $43,000,000 | $39,400,000 | $3,600,000 |
| 2021 | $379,657 | $37,345,230 | $35,267,932 | $2,077,298 |
| 2020 | $375,677 | $36,962,301 | $34,906,303 | $2,055,998 |
| 2019 | $369,209 | $36,237,550 | $34,221,865 | $2,015,685 |
| 2018 | $362,022 | $35,527,010 | $33,550,848 | $1,976,162 |
| 2017 | $332,000 | $32,576,169 | $30,764,144 | $1,812,025 |
| 2016 | $325,741 | $31,937,421 | $30,160,925 | $1,776,496 |
| 2015 | $320,904 | $31,457,692 | $29,707,880 | $1,749,812 |
| 2014 | $314,806 | $30,841,480 | $29,125,944 | $1,715,536 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Giem
-
Paul Daftarian
Buyer's Agent in 2021
Paul Daftarian
Luxe Real Estate
(714) 865-5969
252 Total Sales
-
Michael Balliet
Buyer Co-Listing Agent in 2021
Michael Balliet
Luxe Real Estate
(949) 566-3801
42 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP21218886
APN: 053-319-01
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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