NOT LISTED FOR SALE

Estimated Value: $8,651,000 - $9,607,087

4 Beds
4.5 Baths
4,774 Sq Ft
$1,879/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $7,500,000 $1,571 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $56,824/month

3 Days on Market

Highlights

  • Ocean View
  • New Construction
  • Custom Home
  • Harbor View Elementary School Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of February 2023

Escape to elevated ocean-view living in this CHIC STUNNING NEW MODERN MASTERPIECE in Corona del Mar’s enclave of Corona Highlands, which offers exclusive access to Shorecliff's private beach.  Exceptionally light and open, the design welcomes glimmering blue Pacific Ocean and Catalina views by the renowned architect Mark Teale.  Floor-to-ceiling pocket glass doors and windows on both levels capture uninterrupted water views from the grand living room, family/bonus entertainment room, dual primary ensuite bedrooms & office/ensuite bedroom. A total of four ensuite bedrooms and four and a half bathrooms, including a main level ensuite bedroom + spa-like bath with free-standing tub, pocket sliding doors for privacy, an oversized walk-in closet and wood-framed windows. The impressive entry showcases a frameless solid 8 ft. mahogany custom door and soaring ceilings, welcoming guests into a residence that offers opulent entertaining options and multiple living areas. The Great Room is designed to maximize ocean views while the sliding doors connect indoor to outdoor spaces into one perfect living arrangement. Approximately 5,000 sq ft await you with fashionable rustic white oak wood flooring, crisp white walls and designer treatments throughout. The world-class kitchen was created for the culinary adventurer and features a large Antollini Calcutta marble island W/ custom seating, Miele coffee, 8 burner Miele stove, double oven, SubZero double wide fridge, 42 inch custom dual sink with drying rack and European cabinetry, all overlooking the sparkling waters enriched with yachts and sailboats cruising in the distance. The kitchen opens to the expansive living room with a sleek fireplace framed with floating wood cabinets, expanding to an outdoor deck (with 29ft LaCantina doors) which invites in the gentle sea breezes.  A second primary suite and 2 add ensuite bedrooms are on the lower level, all with ocean views. A large entertainment area with a built-in wet bar, wine fridge and view deck accommodate large events. Added features include surround sound, security cameras, laundry room w/storage & 3 car garage. All minutes from Crystal Cove restaurants & boutiques, Fashion Island, CDM Village, Pelican Hill golf course, award-winning schools & John Wayne airport. For any discerning buyer your expectations will be exceeded on every level! 100% RMB acceptable.

Last Listed By

Giovanne Helou

The Oppenheim Group License #02068352 Listed on: 02/03/2023

The Oppenheim Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $80,887

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,430 Sq Ft Lot
  • Block Wall Fence
  • Landscaped
  • Sprinkler System
  • Private Yard
  • Back Yard

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Custom Home
  • Contemporary Architecture
  • Modern Architecture
  • Split Level Home
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 4,774 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Bar
  • Dry Bar
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Sliding Doors
  • Formal Entry
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Home Office
  • Bonus Room
  • Storage
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Convection Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Retreat
  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Makeup or Vanity Space
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower
  • Exhaust Fan In Bathroom

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Living Room Balcony
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts in Garage
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 139
  • Tax Tract Number 1237
  • Assessor Parcel Number 45913104
  • $364 per year additional tax assessments

Community Details

Overview

  • Corona Highlands Association, Phone Number (949) 903-1337
  • Corona Highlands Subdivision

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$80,887

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$13 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Lisa Helou
  • Other Phone Number: 949-566-3345
  • Property Attached: No
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Corona Highlands (CORH)
  • View: Yes
  • Architectural Style: Contemporary, Custom Built, Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45913104
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 4774.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Built-in Features, Ceiling Fan(s), Crown Molding, Dry Bar, High Ceilings, In-Law Floorplan, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Stone Counters, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Family Room, Dining Room
  • Fireplace Features: Living Room, Master Bedroom, Master Retreat, Gas, Great Room
  • Levels: Multi/Split
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1571.01
  • Room Type: Bonus Room, Entry, Family Room, Formal Entry, Foyer, Great Room, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite, Office, Retreat, Two Masters, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Main Floor Full Bath, Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Stone Counters, Utility Sink

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Catalina, Coastline, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered, Deck, Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Oversized, Private
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Management
  • Association Fee: 150.00
  • Association Fee Frequency: Annually
  • Association Name: CORONA HIGHLANDS
  • Phone: 949-903-1337
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks
  • Association Management: CORONA HIGHLANDS

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Sprinkler System, Yard
  • Lot Size Sq Ft: 6430.00
  • Lot Size Acres: 0.1476

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6430.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 627.02
  • Tax Lot: 139
  • Tax Tract Number: 1237
  • TaxOtherAnnualAssessmentAmount: 364.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Feb 15, 2023
Sold by
Ttg Group Llc
Bought by
Van Horn Family Trust
Seller's Agent
Giovanne Helou
The Oppenheim Group
Buyer's Agent
Edward Gurzi
Coldwell Banker Realty
List Price
$7,600,000
Sold Price
$7,500,000
Premium/Discount to List
-$100,000
-1.32%
Total Days on Market
3
Views
52
Current Estimated Value
$8,970,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,470,772
Avg. Annual Appreciation
8.77%

Purchase Details

Closed on
Oct 7, 2021
Sold by
452 Mendoza Llc
Bought by
The Ttg Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2019
Sold by
Reynolds Pacific Llc
Bought by
452 Mendoza Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750,000
Interest Rate
4.3%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 4, 2018
Sold by
Englander Englander Robert P Robert P
Bought by
Reynolds Pacific Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 2003
Sold by
Englander Robert P and Englander Lizanne
Bought by
Englander Robert P and Englander Lizanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2003
Sold by
Englander Robert P and Englander Lizanne
Bought by
Englander Robert P and Englander Lizanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1997
Sold by
Englander Robert P and Englander Lizanne
Bought by
Englander Robert P and Englander Lizanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Van Horn Family Trust $7,500,000 Western Resources
The Ttg Group Llc -- Chicago Title Company
452 Mendoza Llc $3,000,000 First American Title Company
Reynolds Pacific Llc $2,500,000 Fidelity National Title
Englander Robert P -- First American Title Ins Co
Englander Robert P -- First American Title Ins Co
Englander Robert P -- --
Englander Robert P -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Van Horn Family Trust $5,000,000
Previous Owner Ttg Group Llc $175,000
Previous Owner Ttg Group Llc $500,000
Previous Owner Jtg Group Llc $1,100,000
Previous Owner The Ttg Group Llc $5,350,000
Previous Owner 452 Mendoza Llc $750,000
Previous Owner 452 Mendoza Llc $3,750,000
Previous Owner Reynolds Paccific Llc $2,000,000
Previous Owner Reynolds Pacific Llc $2,000,000
Previous Owner Englander Robert P $88,000
Previous Owner Englander Robert P $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $7,500,000 -1.3% $1,571 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $7,600,000 -- $1,592 / 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
2024 $80,887 $7,650,000 $5,651,188 $1,998,812
2023 $51,038 $4,832,377 $3,131,365 $1,701,012
2022 $46,689 $4,404,091 $3,069,966 $1,334,125
2021 $46,068 $4,343,896 $3,009,771 $1,334,125
2020 $36,513 $3,433,798 $2,978,910 $454,888
2019 $27,169 $2,550,000 $2,471,122 $78,878
2018 $5,204 $468,388 $394,827 $73,561
2017 $5,112 $459,204 $387,085 $72,119
2016 $4,999 $450,200 $379,495 $70,705
2015 $4,949 $443,438 $373,795 $69,643
2014 $4,832 $434,752 $366,473 $68,279
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23019648

California Regional Multiple Listing Service (CRMLS)

APN: 459-131-04