See Home Value
$2,876,000 - $3,514,000
House - Off Market

1475 Coral Drive

Laguna Beach, CA 92651
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1771 Sqft
Sold Nov 30, 2023
$2,905,000
$1,000,000 by Mega Capital Funding, Inc.
Mortgage Due Dec 01, 2053
Sold Jul 10, 2023
$2,013,000

About This Property

OVERBID PROCEEDING SCHEDULED FOR MONDAY 10/30. OPENING BID $3,050,750.Offering peace and tranquility overlooking the sparkling Pacific Ocean and the Laguna Village sitting just below – 1475 Coral Drive is a slice of heaven. With a rare combination of single-level living and panoramic unobstructed coastal views, this property presents a rare find.  From the moment the bespoke custom front door opens, the view is front and center. The great room, anchored on one side by a stunning linear fireplace and the other with a terrific custom kitchen, opens to the incredible view through a fold-a-way wall of glass. Down the hall and through double doors, the ocean view primary suite is surprisingly grand for a home of this size – including a spacious view bath with freestanding tub and separate shower and a generous walk-in closet. Two guest bedrooms and a modern guest bath round out the floorplan, and the two car garage provides direct access to an interior mudroom space and laundry adjacent to the kitchen. A coastal view deck spans the width of the property, with unobstructed sight lines to the village and ocean. The unique shape of the parcel provides additional outdoor space on the sides of the home. Single level, top-line finishes, ocean views, and all that Laguna Beach has to offer – it doesn't get much better than this!

The manager has listed the unit size as 1771 square feet.
Unit Size
1,771Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$1,804
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965

Price History

Date / Event Date Event Price
Dec 8, 2023 No longer available -
No longer available
Nov 30, 2023 Sold to Lina Chahine, Todd Walkow $2,905,000
Sold to Lina Chahine, Todd Walkow
Oct 7, 2023 In contract -
In contract
Sep 17, 2023 Price Decreased $3,195,000
↓ $255K (7.4%)
Price Decreased
Aug 21, 2023 Listed $3,450,000
Listed
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,771
  • Gross Building Area: 1,771
  • Building Area: 1,771
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,771
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 5509
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 5509 BLK LOT 28

Ownership

  • Current Owner : WALKOW TODD
  • Current Owner 2: CHAHINE LINA
  • Previous Owner : ALSBROOK BLAKE C
  • Owner Before Previous Owner: 12 CANDLE PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common
  • Vacant Flag: Bank Owned
  • Vacant Flag Date: Oct 23, 2023

Neighborhood

  • School District Name: Laguna Beach Unified School District
  • Census Tract: 062632

Geography

  • Assessors Map Reference: 34-E1
  • Subdivision Tract Number: 5509
  • Parcel: 641-094-05
  • Lot: 28
  • Latitude: 33.5475
  • Longitude: -117.771

    Address

  • Full Address: 1475 Coral Dr
  • Address - House Number: 1475
  • Address - Street Name: Coral
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Laguna Beach
  • Carrier Code: C032
  • 4-Digit Zip Code: 1910
  • Zip Code: 92651

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $30,752
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 05-003

    Appraisal Valuation

  • Standard Deviation: 0.0505
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 99
  • Final Value: 2,816,215
  • High Value: 2,958,964
  • Low Value: 2,673,467

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: MEGA CAPITAL FUNDING, INC.
  • First Open Lien Mortgage Recording Date: Nov 30, 2023
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,913,120
  • Assessed Land Value: $2,721,011
  • Assessed Improvements Value: $192,109

    Sales

  • Current Sale Contract Date: Nov 27, 2023
  • Current Sale Recording Date: Nov 30, 2023
  • Current Sale Transaction ID: 11917357873
  • Current Sale Price: $2,905,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 297461
  • Previous Sale Recording Date: Jul 10, 2023
  • Previous Sale Contract Date: Jun 27, 2023
  • Previous Sale Amount: $2,013,000
  • Previous Sale Document Type: Deed in Lieu of Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: MEGA CAPITAL FUNDING, INC.
  • First Mortgage Transaction Date: Nov 30, 2023
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,472 ft²
$2,004/ft²
$2,950,000 Apr 8, 2022
-
-
House
3 Beds
3 Baths
2,462 ft²
$1,421/ft²
$3,499,000 Aug 17, 2023
-
-
In Contract
House
5 Beds
3 Baths
2,006 ft²
$1,495/ft²
$2,999,000 Jul 25, 2023
-
-
In Contract
Triplex
4 Beds
4 Baths
2,517 ft²
$1,391/ft²
$3,500,000 Sep 28, 2023
-
-

About Mystic Hills


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Frequently Asked Questions

When was property at 1475 Coral Drive built and last sold?
The property at 1475 Coral Drive was built in 1965 and last sold on Nov 27, 2023 for $2,905,000.
How much is this home worth?
The estimated value of the home located at 1475 Coral Drive is $3,194,388.
What are some comparable homes to 1475 Coral Drive?
Homes that are comparable to 1475 Coral Drive include a house property at 1340 Cerritos Drive, 589 Brooks Street, 560 Anita Street.

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