The sale includes custom furniture designed to fit the home’s curved walls.
2920 Gate Five Place, a six-bedroom, eight-bath custom estate with nearly 9000 square feet of indoor living space sits at the end of a cul-de-sac overlooking the Upper Otay Reservoir in eastern Chula Vista.
Part of an exclusive development known as The Gates at Eastlake Woods, the home is located in the priciest and most exclusive enclave of Eastlake, a 3000-acre master-planned suburb that first broke ground in 1986. While most of the community’s thousands of housing units are cookie-cutter single-family homes crammed onto postage stamp-sized lots, luxury homes in The Gates are among the only custom-built residences found in Chula Vista’s newer neighborhoods.
The second-level hall is accessible by spiral staircase, but there’s also an elevator.
The Gate Five home was completed in 2004 and sits on two-thirds of an acre abutting dedicated open space in Proctor Valley, ensuring that no future development will obscure the lake views the home was built to take advantage of. According to listing materials retrieved from Realtor.com, the home was featured on the Tour D’Elegance, a four-week showcase of luxury properties in The Gates that attracted more than 50,000 visitors.
Floor-to-ceiling glass is extensively employed along the home’s eastern walls to take advantage of the views, while marble stone and exotic woods are used for flooring and as wall accents. The home’s “exquisite upgrades” include glass doors that fully retract into exterior walls and custom-made furniture that conveys with the house and was designed specifically to fit the curved walls that dominate the home’s architecture.
In addition to the prerequisite “huge gourmet kitchen,” other rooms include an executive home office with wood paneling and a solid glass interior wall, a private theater with leather seating arrangements and a screen that retracts to expose a window overlooking a custom water feature, massage and steam rooms, and a master suite with its own sitting area and a dual-sided fireplace leading into the bath with oversized walk-in closet and soaking tub overlooking the lake. A grand spiral staircase leads to the second level hall with vaulted ceilings, a wall mural, and etched-glass artwork accented by recessed lighting, though the home is also equipped with its own elevator for those who prefer not to climb.
The home is “very high tech and fully automated,” with an “iPhone app to control everything including alarm, lights, climate, fireplaces, windows and shades.” The home also features its own water filtration system with reverse osmosis and ozone systems, and the “gorgeous copper roof” lends to the home’s unique multi-tiered exterior profile.
Outisde, the “killer views” continue to the backyard, which is equipped with two fireplaces, an outdoor kitchen area, and a disappearing-edge infinity pool fashioned in the “shape of a fish where the fire pit is the eye and the spa is the tail.” A private staircase provides direct access to the nature reserve’s network of hiking trails.
Public records show the owners of the Gate Five estate as Kami Hoss and Nazli Keri, owners of a local chain of dentistry offices that cater to children. Though the home reportedly sold for $3,450,000 when new in 2004, it currently carries an assessed value of just $3,050,000, likely a result of a re-assessment following the housing crash of the late aughts.
As it happens, the mansion is available for even less than that. The home has been offered for sale six times dating back to April 2016, when it carried a price tag as high as $4.5 million. Though it was in escrow briefly in 2017, that sale didn’t close. The most recent listing, which went active in November 2019, seeks offers between $2.5 and $2.9 million.
- 2920 Gate Five Place | Chula Vista, 91914
- Beds: 6 | Baths: 8 | Current Owners: Kami Hoss and Nazli Keri | List Price: $2,899,900