$21,000,000
SOLD AUG 7, 2017
6 Beds
11 Baths
12,780 Sq Ft
0.49 Acres

Recently Sold

$1,643 Per Sq Ft

12% Below List Price

114 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Newly Remodeled
  • El Morro Elementary School Rated A+
  • Wine Cellar
  • In Ground Pool

About This Home

As of April 2019

Behind the gates of the prestigious Newport Coast enclave of Crystal Cove, this contemporary trophy estate perfectly blends old-world elegance and taste with modern appointments to create a truly extraordinary living experience. The estate was created by a team of distinguished professionals; thoughtfully inspired by architect David Hohmann, built with the highest quality of craftsmanship by Dugally Oberfeld, and exquisitely designed by Errol de Jager. A private central courtyard leads into the residence, where bespoke interiors are complemented by designer finishes and every amenity imaginable. Beautifully appointed main level common areas include a luxurious great room, chef’s kitchen with butler’s pantry and breakfast nook, library with adjacent lounge and bar, and stately home office. The subterranean level is an entertainer’s dream complete with an air-conditioned 9-vehicle showroom style garage with turntable (no need to turn the car around), media lounge with bar, wine tasting & storage, glass-enclosed showroom putting green, billiards room and fitness center with massage studio and wellness spa. An opulent master suite on the upper level features a spacious sitting area, sumptuous dual bathrooms with separate walk-in closets, and private balconies overlooking the central courtyard and backyard against ocean views. With nearly every room in the home having access to a balcony, loggia or patio, this estate perfectly complements the southern California lifestyle.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 02/21/2017

Coldwell Banker Realty

Last Buyer's Agent

Steve High

Pacific Sotheby’s International Realty License #00936421

Pacific Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $217,278

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.49 Acre Lot
  • Wrought Iron Fence
  • Stucco Fence
  • Landscaped
  • Sprinkler System
  • Lawn
  • Back and Front Yard

HOA Fees

  • $1,015 Monthly HOA Fees

Parking

  • 9 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Turnkey

Interior Spaces

  • 12,780 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Recessed Lighting
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Wine Cellar
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Library with Fireplace
  • Bonus Room
  • Game Room
  • Storage
  • Laundry Room
  • Home Gym
  • Fire Sprinkler System

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Butlers Pantry
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Closet In Bathroom

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Terrace
  • Exterior Lighting
  • Rain Gutters

Schools

  • Thurston Middle School
  • Laguna Beach High School

Additional Features

  • Accessible Elevator Installed
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 16455
  • Assessor Parcel Number 47710221

Community Details

Overview

  • Keystone Pacific Property Mgmt Association, Phone Number (949) 833-2600
  • Built by Dugally Oberfeld
  • Custom

Amenities

  • Community Barbecue Grill
  • Card Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$217,278

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$1,015 per month

Parking

9

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Fire Sprinkler System
  • Subdivision Name Other: Custom
  • View: Yes
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47710221
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 12780.00 Square Feet
  • Interior Amenities: Balcony, Coffered Ceiling(s), Crown Molding, Elevator, Open Floorplan, Pantry, Recessed Lighting, Storage, Tray Ceiling(s), Wet Bar, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 9
  • Full And Three Quarter Bathrooms: 9
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Area, Dining Room
  • Fireplace Features: Library, Living Room, Master Bedroom, Great Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1643.19
  • Room Type: Bonus Room, Entry, Exercise Room, Foyer, Game Room, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Master Suite, Retreat, Walk-In Closet, Wine Cellar
  • Spa Features: In Ground, Private
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Stucco Wall, Wrought Iron
  • Builder Name: Dugally Oberfeld
  • Patio And Porch Features: Covered, Patio, Terrace
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 9.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Subterranean
  • Total Parking Spaces: 9.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Freezer, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator, Water Line to Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground, Tennis Court(s), Gym/Ex Room, Card Room, Recreation Room, Guard
  • Association Fee: 1015.00
  • Association Fee Frequency: Monthly
  • Association Name: Keystone Pacific Property Mgmt
  • Phone: (949) 833-2600
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Laguna Beach Unified
  • Middle School: Thurston
  • High School: Laguna Beach
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Lot 20000-39999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 21553.00
  • Lot Size Acres: 0.4948

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21553.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 11
  • Tax Tract Number: 16455

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Apr 23, 2019
Sold by
Deep Sea Property Llc
Bought by
Deep Sea Newport Coast Llc
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Kaleigh Trider
Trider Real Estate
List Price
$21,995,000
Sold Price
$18,747,700
Premium/Discount to List
-$3,247,300
-14.76%
Current Estimated Value
$21,696,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,948,370
Avg. Annual Appreciation
2.29%

Purchase Details

Listed on
Feb 21, 2017
Closed on
Jun 19, 2017
Sold by
Deep Sea Estates Llc
Bought by
Deep Sea Property Llc
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Steve High
Pacific Sotheby’s International Realty
List Price
$23,995,000
Sold Price
$21,000,000
Premium/Discount to List
-$2,995,000
-12.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.35%

Purchase Details

Closed on
Jan 7, 2014
Sold by
Mather Scott A
Bought by
Deep Sea Estates Llc

Purchase Details

Closed on
Oct 1, 2013
Sold by
42 Deep Sea Llc
Bought by
Mather Scott A and Mather Family Trust

Purchase Details

Closed on
Sep 30, 2013
Sold by
Mansour Mansour N N and Mansour Yolanda M
Bought by
42 Deep Sea Llc

Purchase Details

Closed on
Apr 4, 2006
Sold by
Irvine Community Development Co Llc
Bought by
Mansour Mansour N N and Mansour Yolanda M
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $18,748,000 Fidelity National Title Co
Grant Deed $21,000,000 Ticor Title
Grant Deed -- First American Title Nhs
Grant Deed -- First American Title Nhs
Grant Deed -- First American Title
Corporate Deed -- First American Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2019 04/29/19 Sold $18,747,700 -6.0% $1,467 / Sq Ft View Prior Sale
02/19/2019 02/19/19 Price Changed $19,950,000 -9.3% $1,561 / Sq Ft
07/11/2018 07/11/18 For Sale $21,995,000 +4.7% $1,721 / Sq Ft
08/07/2017 08/07/17 Sold $21,000,000 -12.5% $1,643 / Sq Ft
02/21/2017 02/21/17 For Sale $23,995,000 -- $1,878 / 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 $217,278 $20,913,414 $11,673,294 $9,240,120
2024 $217,278 $20,503,348 $11,444,406 $9,058,942
2023 $212,487 $20,101,322 $11,220,006 $8,881,316
2022 $208,268 $19,707,179 $11,000,006 $8,707,173
2021 $204,438 $19,320,764 $10,784,319 $8,536,445
2020 $202,144 $19,122,654 $10,673,739 $8,448,915
2019 $227,534 $21,420,000 $14,254,423 $7,165,577
2018 $223,164 $21,000,000 $13,974,924 $7,025,076
2017 $122,021 $11,167,280 $6,109,348 $5,057,932
2016 $88,467 $7,872,291 $5,695,440 $2,176,851
2015 $64,499 $5,609,890 $5,609,890 $0
2014 $62,022 $5,500,000 $5,500,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17032751

California Regional Multiple Listing Service (CRMLS)

APN: 477-102-21