$2,661,625
$2,849,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
6 Baths
4,871 SqFt
SOLD DATE : 06/15/2023
Key Details
Sold Price $2,661,625
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 4,871 sqft
Price per Sqft $546
MLS Listing ID PW23034594
Sold Date 06/15/23
Bedrooms 7
Full Baths 5
Half Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1913
Lot Size 1.200 Acres
Acres 1.2
Property Description
A premium location with a rich history makes this hilltop property in Cowan Heights truly unique. Resting high above Newport Blvd., this home offers unbeatable views of the city lights from L.A. to the snow-capped local mountains, to Newport Beach, Catalina and beyond. Breathtaking sunsets are abundant and striking from this location. The property rests on 1.2 acres of usable land and can be subdivided into two parcels if desired. With 22 acres of donated land (County of Orange) resting below, this property will NEVER have obstructed views, allowing for both privacy and serenity in an exclusive location. This estate has never been listed before and was owned by one of the original developers of the North Tustin/Cowan Heights area, the Cowan family. The current single level home is 4800 square feet featuring seven bedrooms and five and a half baths with an in-ground geometric-style pool. This home has endless potential, or again, the land could be an investment and divided into two half-acre lots, with all necessary utilities already in place to further develop the property. The exclusive and highly sought-after area is equestrian friendly, with hiking and biking trails adjacent to the property. Excellent and award-winning schools (Arroyo, Hewes, and Foothill High), shopping, restaurants, and activities are conveniently located nearby, with world class beaches just a few miles away. The property is centrally located within minutes of the 22/55/5 Freeways and toll roads.
Location
State CA
County Orange
Area Nts - North Tustin
Rooms
Main Level Bedrooms 7
Ensuite Laundry Laundry Room
Interior
Interior Features All Bedrooms Down
Laundry Location Laundry Room
Heating Central
Cooling Central Air
Fireplaces Type Family Room
Fireplace Yes
Laundry Laundry Room
Exterior
Garage Circular Driveway
Garage Spaces 2.0
Garage Description 2.0
Pool In Ground, Private
Community Features Biking, Hiking, Horse Trails
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N Yes
View Catalina, City Lights, Canyon, Hills, Mountain(s), Ocean, Panoramic
Roof Type Composition
Parking Type Circular Driveway
Attached Garage Yes
Total Parking Spaces 2
Private Pool Yes
Building
Lot Description Front Yard, Horse Property, Lot Over 40000 Sqft, Value In Land
Story 1
Entry Level One
Foundation Slab
Sewer Sewer Tap Paid
Water Public
Level or Stories One
New Construction No
Construction Status Fixer
Schools
Elementary Schools Arroyo
Middle Schools Hewes
High Schools Foothill
School District Tustin Unified
Others
Senior Community No
Tax ID 50367108
Acceptable Financing Cash to Existing Loan
Horse Property Yes
Horse Feature Riding Trail
Listing Terms Cash to Existing Loan
Financing Conventional
Special Listing Condition Trust
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Bought with Sean Drumm • Seven Gables Real Estate
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