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$4,795,000

Beds
4
Baths
4.5
sq ft
3,704

205 Ocean Pl, Seal Beach, CA 90740

205 Ocean Pl

Seal Beach, CA 90740

  • 138 days on market
    • Price drop $200,000↓
Discover an enchanting mix of ocean-view waterfront luxury, small-town living and nearly new modern architecture with high-end appointments at this extensively upgraded home in Seal Beach. Crafted by Shea Homes in 2021, the Ocean Place residence presents ocean, channel and coastline views from both levels, which include four bedrooms (three of which are en suite) and four-and-one-half baths in approximately 3,704 square feet. The location is virtually unbeatable, with just a short stroll or bike ride leading to the Seal Beach Pier and beaches, River’s End Park, The Beach House restaurant, tennis at Marina Community Park, and restaurants, coffee shops, and boutiques along Main Street. Of course, with an upscale living environment and coveted on-trend features, time spent at home is even more enjoyable. A gated side entry leads to the first floor, which reveals a two-car garage, secondary bedroom, family room, and a private primary suite with sunny patio, oversized walk-in closet, and a stylish bath with rain shower, freestanding tub and two sinks. Glass railings and multiple tiers accentuate a floating staircase that rises to the main level, where an open arrangement flows seamlessly through two sets of sliding glass doors to a covered and heated wraparound ocean-view terrace. Enriched with a contemporary linear fireplace, the great room and dining area are united with an impressive chef-inspired kitchen that displays quartz countertops, full tile backsplash, walk-in pantry, an extra-large island, white Shaker cabinetry with glass uppers, a 48" six-burner Wolf range, wine refrigerator, and a built-in Sub-Zero refrigerator. Enviable custom-caliber upgrades are led by owned solar, plantation shutters, designer carpet, wood-inspired laminate flooring, custom light fixtures including a holiday lighting package, and smart-home features complete with dual-zone HVAC and a tankless water heater

Details

Property type

Single Family Residence

Est. home value

$4,541,745

Lot size

4,003 sq ft

Price per sq ft

$1,295

Year built

2021

Monthly HOA fee

$85

Price History

05/20/2024
CRMLS

CRMLS #NP24025829

Price change
$4,795,000
-4%
02/14/2024
CRMLS

CRMLS #NP24025829

Listed
$4,995,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

High school district: 

Los Alamitos Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$3,708,784
Asking price
$4,795,000
Closing costs (~8% of asking)
-$383,600
Est. remaining loan balance
-$702,616
Cash to seller
$3,708,784

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Shea Mortgage Inc

Loan start date

July 2021

Original loan amount

$750,000

Est. remaining balance

$702,616

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Joan S Mcmahon and Thomas H Mcmahon

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/01/2024 at 11:05 AM

Listing updated: 06/29/2024 at 3:33 PM

Listed by: Tim Smith, Coldwell Banker Realty Phone #: (949) 644-1600

MLS: CRMLS #NP24025829

CRMLS logo