Seller's Agent in 2020
John Cain
Pacific Sothebys
(714) 655-8940
58 in this area
211 Total Sales
21 Spinnaker Newport Beach, CA 92657
Crystal Cove NeighborhoodEstimated Value: $4,355,000 - $23,628,403
5
Beds
7.5
Baths
11,431
Sq Ft
$1,224/Sq Ft
Est. Value
Highlights
- Ocean View
- Wine Cellar
- Home Theater
- Harbor View Elementary School Rated A
- 24-Hour Security
- 2-minute walk to Reef Point Park
About This Home
As of January 202021 Spinnaker is Crystal Cove’s next landmark residence, featuring the highest quality new construction and most sought after design in the region. The estate graces one of the best lots in the enclave, a prime oversized corner site (over 20,600 sf) on Crystal Cove’s smallest, quietest street — providing the most privacy and unobstructed views of ocean, coastline to Palos Verdes, harbor, and sunsets. The new 11,431 sf residence encompasses 5 bedrooms, 7.5 bathrooms with stunning European architecture by famed EBTA Architects. Sophisticated transitional interiors and an open concept floorplan span three levels of casually elegant living with seamless flow from one room to the next and through walls of automated disappearing doors to the sublime grounds. The attention to detail is astounding, with every handcrafted finish, imported material and curated amenity selected for long-lasting appeal and luxury. Dual master suites (one on first level) include a main master with breathtaking views, sitting room with fireplace, his and her spa bathrooms (both with steam showers + dressing rooms), and an expansive terrace. Other highlights: climate-controlled wine wall, large chef’s kitchen and secondary catering kitchen, lower level gym, bar and theater, saltwater pool + spa and pool pavilion, Control 4 home automation, security camera system, Vantage lighting, and an 8+ car subterranean garage.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $190,334
Year Built
- Built in 2019 | New Construction
Lot Details
- 0.47 Acre Lot
- Property fronts a private road
- Cul-De-Sac
- Wrought Iron Fence
- New Fence
- Corner Lot
- Lawn
- Back and Front Yard
HOA Fees
- $1,250 Monthly HOA Fees
Parking
- 8 Car Direct Access Garage
- Parking Available
- Driveway Down Slope From Street
Property Views
- Ocean
- Marina
- Coastline
- Bay
- Harbor
- Views of a pier
- Catalina
- Panoramic
- City Lights
- Canyon
- Hills
- Neighborhood
Home Design
- Turnkey
- Planned Development
- Fire Rated Drywall
- Spanish Tile Roof
- Tile Roof
- Stone Siding
- Steel Beams
- Plaster
Interior Spaces
- 11,431 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Wired For Sound
- Wired For Data
- Built-In Features
- Bar
- Beamed Ceilings
- Brick Wall or Ceiling
- High Ceiling
- Formal Entry
- Wine Cellar
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Home Theater
- Home Office
- Library
- Bonus Room
- Game Room
- Home Gym
- Center Hall
- Finished Basement
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Double Oven
- Gas Oven
- Six Burner Stove
- Built-In Range
- Range Hood
- Warming Drawer
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Stone Countertops
- Pots and Pans Drawers
- Self-Closing Drawers and Cabinet Doors
- Utility Sink
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
- Upgraded Bathroom
- Stone Bathroom Countertops
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Multiple Shower Heads
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
- Washer and Gas Dryer Hookup
Home Security
- Smart Home
- Closed Circuit Camera
- Carbon Monoxide Detectors
Accessible Home Design
- Accessible Elevator Installed
- Halls are 36 inches wide or more
- Doors are 32 inches wide or more
- More Than Two Accessible Exits
Pool
- Heated In Ground Pool
- In Ground Spa
- Saltwater Pool
Outdoor Features
- Outdoor Fireplace
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Schools
- Harbor View Elementary School
- Corona Del Mar High School
Utilities
- Zoned Heating and Cooling
- Water Heater
- Phone System
- Cable TV Available
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 16605
- Assessor Parcel Number 48915106
Community Details
Overview
- Crystal Cove Community Association, Phone Number (949) 376-4551
- Keystone Pacific HOA
Recreation
- Community Playground
- Community Pool
- Community Spa
- Park
- Hiking Trails
Additional Features
- Picnic Area
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 19, 2024
Sold by
Coastal View Trust and Tamura Ryo
Bought by
21 Coastal View Llc
Total Days on Market
87
Current Estimated Value
Purchase Details
Listed on
Oct 2, 2019
Closed on
Jan 3, 2020
Sold by
21 Spinnaker Llc
Bought by
Tamura Ryo and Tamura Mio
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
John Cain
Pacific Sotheby's Int'l Realty
List Price
$18,500,000
Sold Price
$16,170,000
Premium/Discount to List
-$2,330,000
-12.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.85%
Original Mortgage
$8,000,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 16, 2016
Sold by
Irvine Community Development Company Llc
Bought by
21 Spinnaker Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 21 Coastal View Llc | -- | None Listed On Document | |
| Coastal View Trust | -- | None Listed On Document | |
| Tamura Ryo | $16,170,000 | Fidelity National Title | |
| 21 Spinnaker Llc | $3,000,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tamura Ryo | $8,750,000 | |
| Previous Owner | Tamura Ryo | $2,000,000 | |
| Previous Owner | Tamura Ryo | $8,000,000 | |
| Previous Owner | Tamura Ryo | $8,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2020 01/17/20 | Sold | $16,170,000 | -12.6% | $1,415 / Sq Ft |
| 12/28/2019 12/28/19 | Pending | -- | -- | -- |
| 10/02/2019 10/02/19 | For Sale | $18,500,000 | -- | $1,618 / 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 |
|---|---|---|---|---|
| 2024 | $190,334 | $17,337,507 | $12,531,783 | $4,805,724 |
| 2023 | $186,091 | $16,997,556 | $12,286,061 | $4,711,495 |
| 2022 | $182,716 | $16,664,271 | $12,045,158 | $4,619,113 |
| 2021 | $179,343 | $16,337,521 | $11,808,978 | $4,528,543 |
| 2020 | $82,802 | $7,385,912 | $3,455,376 | $3,930,536 |
| 2019 | $55,433 | $4,748,986 | $3,387,624 | $1,361,362 |
| 2018 | $44,931 | $3,756,835 | $3,321,200 | $435,635 |
| 2017 | $38,237 | $3,060,000 | $3,060,000 | $0 |
| 2016 | $6,700 | $135,882 | $135,882 | $0 |
| 2015 | $6,251 | $133,841 | $133,841 | $0 |
| 2014 | $6,153 | $131,220 | $131,220 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Cain
Map
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC19233835
APN: 489-151-06
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