NOT LISTED FOR SALE

Estimated Value: $7,312,000 - $13,118,858

4 Beds
4.5 Baths
4,040 Sq Ft
$2,257/Sq Ft Est. Value

Sale Details

Date Sold: February 23, 2025

Last sale price $12,600,000 $3,119 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $53,592 / mo

Highlights

  • Beach Front
  • Ocean View
  • Fireplace in Primary Bedroom Retreat
  • Harbor View Elementary School Rated A
  • Property has ocean access
  • 1-minute walk to Lookout Point

About This Home

As of February 2025

It simply doesn’t get better than this. A true stand-out along Southern California’s world-famous coastline, this extraordinary waterfront estate is set directly on a rocky bluff overlooking Newport Bay in China Cove. Views are incomparable by day or night, with colorful sailboats and magnificent yachts gliding along the main channel in the foreground, festive holiday boat parades in December, and the Pacific Ocean, Balboa Peninsula, amazing sunsets and evening lights providing a kaleidoscopic backdrop for refined luxury living in Corona del Mar. Located on Shell Street, one of the most exclusive addresses in the region, this exquisitely crafted New England-inspired masterpiece takes full advantage of its setting with a massive stone terrace that complements every occasion with stunning views, a custom built-in BBQ and the soothing sounds of the bay lapping at the rocks below. Centered around a sweeping multi-level floating spiral staircase, the opulent residence measures approximately 4,040 square feet and hosts four bedrooms and four- and one-half baths. The main level showcases a fireplace-warmed den with handsome wood paneling, built-in media, a two-story ceiling and a 160-bottle temperature-controlled wine cellar. Memorable entertaining is easy in formal and casual living areas that are richly detailed with wood and brick floors, custom crown molding, custom marble finishes, tray and barrel ceilings, extensive built-ins, handcrafted millwork, custom window treatments and stylish lighting fixtures. A fully appointed chef’s kitchen exhibits a large island, white cabinetry, stone countertops, and top-of-the-line appliances including built-in beverage coolers. Equally impressive, the top-level primary suite features a large bay window, two sitting areas, a view balcony, boutique-style walk-in closet, and an opulent ensuite bath. Curb appeal is unmatched, with classic seaside architecture enhancing a column-lined covered entry porch, handsome brickwork and access to a subterranean garage. Limited to just a few stunning residences, Shell Street is close to Corona del Mar’s main beach, village shops and restaurants, golf at Pelican Hill and high-end shopping at Fashion Island. Outstanding schools serve the community, and miles of beaches and gorgeous coves extend to the north and south.

Last Agent to Sell the Property

Tara McNabb

Compass Brokerage Email: taralmcnabb@icloud.com License #01871729 Listed on: 01/29/2025

Compass

Co-Listed By

Leighton Dean

Plus Real Estate Brokerage Email: taralmcnabb@icloud.com License #02210144

Last Buyer's Agent

Garrett Weston

Coldwell Banker Realty License #01385026

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 4,290 Sq Ft Lot
  • Beach Front
  • Property Fronts a Bay or Harbor
  • Landscaped
  • Rectangular Lot

Parking

  • 4 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Rock

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,040 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room with Fireplace
  • Den with Fireplace
  • Laundry Room

Flooring

  • Wood
  • Brick

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom Retreat

Additional Features

  • Property has ocean access
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 5 / C33
  • Tax Tract Number 186
  • Assessor Parcel Number 05205027
  • $380 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Corona Del Mar South Of Pch Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

4,290 Sq Ft Lot

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05205027
  • Year Built: 1990
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4040.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Brick, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Den, Family Room, Primary Retreat
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3118.81
  • Room Type: Entry, Family Room, Kitchen, Laundry, Main Floor Bedroom, Office

Exterior Features

  • View: Catalina, Coastline, Ocean, Rocks, Water
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Rectangular Lot
  • Lot Size Sq Ft: 4290.00
  • Lot Size Acres: 0.0985

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4290.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Access, Beach Front, Ocean Access

Tax Info

  • Tax Block: C33
  • Tax Census Tract: 627.01
  • Tax Lot: 5
  • Tax Tract Number: 186
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
Feb 6, 2025
Sold by
Mulvaney Kay and Kb Mulvaney Trust
Bought by
Crystal Corporate Holdings Llc
Seller's Agent
Tara McNabb
Compass
Buyer's Agent
Garrett Weston
Coldwell Banker Realty
List Price
$12,600,000
Sold Price
$12,600,000
Views
11
Current Estimated Value
$9,118,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,481,785
Avg. Annual Appreciation
-25.47%

Purchase Details

Closed on
Apr 13, 2012
Sold by
Mulvaney Brian G and Mulvaney Kay A
Bought by
Mulvaney Brian G and Mulvaney Kay A

Purchase Details

Closed on
Feb 4, 2002
Sold by
Beauchamp James B and Beauchamp Martha
Bought by
Beauchamp James B and Beauchamp Martha

Purchase Details

Closed on
Jan 7, 2002
Sold by
Beauchamp James B and Beauchamp Martha G
Bought by
Mulvaney Brian G and Mulvaney Kay A

Purchase Details

Closed on
Jul 12, 2000
Sold by
Beauchamp James B and Beauchamp Martha
Bought by
Beauchamp James B and Beauchamp Martha G

Purchase Details

Closed on
Dec 23, 1998
Sold by
Gene Gallman Martha
Bought by
Beauchamp James B and Beauchamp Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,900
Interest Rate
6.82%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Crystal Corporate Holdings Llc $12,600,000 Western Resources Title
Mulvaney Brian G -- None Available
Beauchamp James B -- --
Mulvaney Brian G $3,850,000 Commonwealth Title
Beauchamp James B -- Fidelity National Title Co
Beauchamp James B -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beauchamp James B $649,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2025 02/23/25 Sold $12,600,000 -4.9% $3,119 / Sq Ft
01/30/2025 01/30/25 Price Changed $13,250,000 +5.2% $3,280 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $12,600,000 -- $3,119 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $58,992 $5,687,633 $5,076,213 $611,420
2024 $58,992 $5,576,111 $4,976,679 $599,432
2023 $57,688 $5,466,776 $4,879,097 $587,679
2022 $56,739 $5,359,585 $4,783,429 $576,156
2021 $55,648 $5,254,496 $4,689,637 $564,859
2020 $55,115 $5,200,618 $4,641,550 $559,068
2019 $53,963 $5,098,646 $4,550,540 $548,106
2018 $52,884 $4,998,673 $4,461,314 $537,359
2017 $51,947 $4,900,660 $4,373,837 $526,823
2016 $50,774 $4,804,569 $4,288,075 $516,494
2015 $50,300 $4,732,400 $4,223,664 $508,736
2014 $49,113 $4,639,699 $4,140,928 $498,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25021246

California Regional Multiple Listing Service (CRMLS)

APN: 052-050-27

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