Seller's Agent in 2019
Rex Mckown
Compass
(949) 689-5018
12 in this area
53 Total Sales
Estimated Value: $9,504,000 - $72,114,536
5
Beds
11
Baths
18,868
Sq Ft
$2,163/Sq Ft
Est. Value
Highlights
- Ocean View
- Wine Cellar
- Home Theater
- Harbor View Elementary School Rated A
- Gated with Attendant
- Private Pool
About This Home
As of October 2019When art becomes home.... Rarely do we encounter such in life, but the seemingly impossible has been done. Masterfully situated upon a double lot in Crystal Cove, no item has been overlooked. As you walk towards the entrance of this magnificent estate, your eyes are drawn through the home and towards the unbeatable views, from Catalina and San Clemente Islands, to Newport Harbor’s sailboats and sparkling city lights and all the way up the golden crescent coast to Palos Verde Peninsula and beyond. Mature hedges provide the ultimate privacy while framing the spectacular architecture. Automated vanishing walls of glass disappear with the touch of a button on the entire rear of the home, allowing the fortunate owners to fully enjoy the 65 ‘ zero edge infinity pool and spa and the two fire pits that flank it on each side with the epic views as a backdrop.
Property is located on two lots each in a different school district. Owners have the option to choose which school district they would like to attend, either Newport Mesa Unified or Laguna Beach Unified school district.
Home Details
Home Type
- Single Family
Year Built
- Built in 2016
Lot Details
- 0.76
HOA Fees
- $2,500 Monthly HOA Fees
Parking
- 8 Car Attached Garage
- Parking Available
Property Views
- Ocean
- Coastline
- Harbor
- Catalina
- City Lights
Home Design
- Turnkey
Interior Spaces
- 18,868 Sq Ft Home
- Elevator
- Built-In Features
- High Ceiling
- Formal Entry
- Wine Cellar
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room with Fireplace
- Home Theater
- Home Office
- Library with Fireplace
- Home Gym
- Laundry Room
- Finished Basement
Kitchen
- Open to Family Room
- Walk-In Pantry
- Butlers Pantry
- Double Oven
- Dishwasher
- Kitchen Island
- Stone Countertops
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
Home Security
- Home Security System
- Smart Home
- Fire Sprinkler System
Pool
- Private Pool
- Spa
Outdoor Features
- Outdoor Fireplace
- Exterior Lighting
Additional Features
- 0.76 Acre Lot
- Suburban Location
- Forced Air Zoned Heating and Cooling System
Listing and Financial Details
- Tax Lot 23
- Tax Tract Number 16457
- Assessor Parcel Number 48918168
Community Details
Overview
- Crystal Cove Community Association, Phone Number (949) 833-2600
- Keystone HOA
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Sport Court
- Community Playground
- Community Pool
- Hiking Trails
Security
- Gated with Attendant
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 11, 2021
Sold by
Midsummer Mariner Llc
Bought by
Newport Coast Sunshine Llc
Current Estimated Value
Purchase Details
Listed on
Jul 24, 2019
Closed on
Oct 10, 2019
Sold by
Bower Scott L and Bower Paula A
Bought by
Midsummer Mariner Llc
Seller's Agent
Rex Mckown
Compass
Buyer's Agent
Steve High
Pacific Sotheby’s International Realty
List Price
$45,000,000
Sold Price
$38,000,000
Premium/Discount to List
-$7,000,000
-15.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.16%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Newport Coast Sunshine Llc | $41,000,000 | First Amer Ttl Co Res Div | |
| Midsummer Mariner Llc | $38,000,000 | First American Title Company |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2019 10/15/19 | Sold | $38,000,000 | -15.6% | $2,014 / Sq Ft |
| 10/04/2019 10/04/19 | Pending | -- | -- | -- |
| 07/24/2019 07/24/19 | For Sale | $45,000,000 | -- | $2,385 / 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 | $464,297 | $44,740,111 | $36,345,296 | $8,394,815 |
| 2024 | $464,297 | $43,746,093 | $35,632,643 | $8,113,450 |
| 2023 | $451,610 | $42,656,400 | $34,933,964 | $7,722,436 |
| 2022 | $442,498 | $41,820,000 | $34,248,984 | $7,571,016 |
| 2021 | $407,124 | $38,393,680 | $30,953,747 | $7,439,933 |
| 2020 | $403,397 | $38,000,000 | $30,636,354 | $7,363,646 |
| 2019 | $176,911 | $16,123,549 | $9,468,275 | $6,655,274 |
| 2018 | $173,266 | $15,807,401 | $9,282,622 | $6,524,779 |
| 2017 | $172,266 | $15,497,452 | $9,100,609 | $6,396,843 |
| 2016 | $168,584 | $15,078,381 | $8,922,166 | $6,156,215 |
| 2015 | $125,245 | $10,912,371 | $8,788,147 | $2,124,224 |
Source: Public Records
Agents Affiliated with this Home
-
Rex Mckown
-
Marcy Weinstein
Seller Co-Listing Agent in 2019
Marcy Weinstein
Compass
(949) 689-3550
10 in this area
38 Total Sales
-
Steve High
Buyer's Agent in 2019
Steve High
Pacific Sotheby’s International Realty
(949) 874-4724
68 Total Sales
-
Evan Corkett
Buyer Co-Listing Agent in 2019
Evan Corkett
Pacific Sotheby's Int'l Realty
(949) 285-1055
42 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP19175920
APN: 489-181-68
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