NOT LISTED FOR SALE

1014 Polaris Dr Newport Beach, CA 92660

Dover Shores Neighborhood

Estimated Value: $7,629,000 - $13,837,244

4 Beds
4.5 Baths
4,347 Sq Ft
$2,244/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $11,400,000 $2,622 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $64,275/month

Highlights

  • Water Views
  • Spa
  • Open Floorplan
  • Mariners Elementary School Rated A
  • Updated Kitchen
  • 4-minute walk to Westcliff Park

About This Home

As of June 2023

Discover this exceptional bay front residence in the sought-after Dover Shores neighborhood of Newport Beach, masterfully constructed in 2013 by RDM General Contractors. Spanning over 4,300 square feet, this stunning home features 4 bedroom suites, 4.5 baths, a one of a kind office, and a secure dock for a boat up to 60+ feet. Showcasing an exceptional blend of the finest hardwoods and natural stone, this luxurious property stands as a testament to meticulous attention to detail and unparalleled craftsmanship. The main level showcases a spacious great room with vaulted ceilings, over-sized picture windows, and sliding door systems, all oriented towards breathtaking views of the private community beach, Back Bay, and Fashion Island. The primary suite boasts a cozy fireplace, dual closets, and a luxurious bath with steam shower, soaking tub, and direct hot tub access. The chef's kitchen comes fully equipped with state-of-the-art appliances, a custom eat-up island, and walk-in pantry. Three secondary bedroom suites provide ample space for family and guests (two located upstairs with elevator access). Don't miss this rare opportunity to own one of the bay's best-kept secrets.

Property listed for comp purposes only

Last Agent to Sell the Property

Mark Taylor

Compass License #01877391 Listed on: 06/01/2023

Compass

Co-Listed By

Dylan Mason

Compass License #01709074

Last Buyer's Agent

Andy Carter

Fiv Realty Co License #01907002

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $122,671

Year Built

  • Built in 1963

Lot Details

  • 7,200 Sq Ft Lot
  • Corner Lot
  • Front Yard

HOA Fees

  • $182 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Water
  • Neighborhood

Interior Spaces

  • 4,347 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room with Fireplace

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Six Burner Stove
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • <<tubWithShowerToken>>
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Spa
  • Central Air

Listing and Financial Details

  • Tax Lot 180
  • Tax Tract Number 4224
  • Assessor Parcel Number 11772131

Community Details

Overview

  • Dover Shores Area Management Association, Phone Number (310) 694-0600
  • Dover Shores HOA
  • Dover Shores Viewpoint Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$122,671

Year Built

Built in 1963

Lot Details

0

HOA Fees

$182 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Dover Shores Viewpoint (DSAV)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 11772131
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4347.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Elevator, High Ceilings, Open Floorplan, Pantry
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2622.50
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Spa Features: Private
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Primary Bath, Remodeled, Separate Tub And Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: Neighborhood, Water
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Picnic Area, Playground
  • Association Fee: 2180.00
  • Association Fee Frequency: Annually
  • Association Name: Dover Shores Area Management
  • Phone: 3106940600
  • Senior Community: No
  • Community Features: Curbs
  • Association Management: Dover Shores

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard
  • Lot Size Sq Ft: 7200.00
  • Lot Size Acres: 0.1653

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7200.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 630.10
  • Tax Lot: 180
  • Tax Tract Number: 4224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Apr 11, 2023
Sold by
Robert H Murphy Living Trust
Bought by
Grant D Fraser Revocable Trust and Fraser
Seller's Agent
Mark Taylor
Compass
Buyer's Agent
Andy Carter
Fiv Realty Co
List Price
$11,400,000
Sold Price
$11,400,000
Views
12
Current Estimated Value
$9,754,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,645,939
Avg. Annual Appreciation
-11.12%
Original Mortgage
$5,750,000
Outstanding Balance
$5,626,406
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$3,285,044

Purchase Details

Closed on
May 1, 2010
Sold by
Bukewihge Dorothy J
Bought by
Murphy Robert H and Robert H Murphy Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2009
Sold by
Bukewihge Dorothy J
Bought by
Bukewihge Dorothy J and Bukewihge Survivors Trust

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
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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
Grant D Fraser Revocable Trust $11,400,000 Chicago Title Company
Murphy Robert H $3,300,000 Chicago Title Company
Bukewihge Dorothy J -- Lsi Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant D Fraser Revocable Trust $5,750,000
Previous Owner Murphy Robert H $1,300,000
Previous Owner Bukewihge Dorothy J $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $11,400,000 0.0% $2,622 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $11,400,000 -- $2,622 / 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 $122,671 $11,628,000 $9,886,815 $1,741,185
2023 $85,921 $8,160,000 $6,528,000 $1,632,000
2022 $43,127 $4,072,408 $2,676,019 $1,396,389
2021 $42,297 $3,992,557 $2,623,548 $1,369,009
2020 $41,891 $3,951,619 $2,596,647 $1,354,972
2019 $41,016 $3,874,137 $2,545,733 $1,328,404
2018 $40,195 $3,798,174 $2,495,817 $1,302,357
2017 $39,482 $3,723,700 $2,446,879 $1,276,821
2016 $37,586 $3,548,036 $2,398,901 $1,149,135
2015 $32,079 $3,036,911 $2,362,868 $674,043
2014 $26,736 $3,118,433 $2,893,753 $224,680
Source: Public Records

Agents Affiliated with this Home

  • Mark Taylor

    Seller's Agent in 2023

    Mark Taylor

    Compass

    (949) 335-8698

    2 in this area

    113 Total Sales

    Mark Taylor
    Section Image

  • D

    Seller Co-Listing Agent in 2023

    Dylan Mason

    Compass

    (949) 294-7832

    2 in this area

    91 Total Sales

    Dylan Mason
    Section Image
  • Andy Carter

    Buyer's Agent in 2023

    Andy Carter

    Fiv Realty Co

    (562) 397-1373

    1 in this area

    125 Total Sales

    Andy Carter
    Section Image

  • M

    Buyer Co-Listing Agent in 2023

    Mary Galletti

    Arbor Real Estate

    (949) 880-1230

    1 in this area

    9 Total Sales

    Mary Galletti
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23095652

California Regional Multiple Listing Service (CRMLS)

APN: 117-721-31

California Orange County Newport Beach 92660 Dover Shores

1014 Polaris Dr, Newport Beach, CA

This home is located at 1014 Polaris Dr, Newport Beach, CA 92660 since 01 June 2023 and is currently estimated at $9,754,061, approximately $2,243 per square foot. This property was built in 1963. 1014 Polaris Dr is a home located in Orange County with nearby schools including Mariners Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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