$4,905,000
SOLD NOV 6, 2024
5 Beds
6 Baths
3,100 Sq Ft
3,206 Sq Ft Lot

Recently Sold

$1,582 Per Sq Ft

7% Below List Price

128 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Ocean Side of Highway 1
  • Newport Elementary School Rated A
  • Across the Road from Lake or Ocean
  • 2-minute walk to Channel Place Park

About This Home

As of November 2024

A rare find indeed! Located steps to the sand in prime West Newport Beach sits this move-in ready Single-Family Residence on a wide, oversized lot. Originally branded as an “Oceanaire”, these limited-edition homes are still coveted for their beach-close location annd oversized 40’ wide parcels. Rebuilt and converted in 2006 from duplex to SFR, and extensively renovated in May 2024, this 3,100-sf home features 5 bedrooms, 6 baths and 3-car garage. Upstairs, the primary suite enjoys ocean views from its private terrace. Its fireplace, sumptuous bathtub, enclosed shower, double sinks, dressing table, and walk-in closet make this an irresistible retreat. Also upstairs are 3 additional en-suite bedrooms and a comfortable open area ideal for library, office, TV or games. The 5th bedroom and adjacent 5th bathroom with a shower/tub are conveniently located downstairs near the kitchen, laundry room and the access to the 3-car garage. Its gourmet kitchen will please any chef, outfitted with new quartz countertops, Viking Professional gas and electric appliances, large island with secondary sink, walk-in pantry, and generous cabinetry with plenty of storage. The adjacent dining and living rooms spill out on to the large sunny front patio with ocean views and is ideal for entertaining or some sunbathing. A 6th bathroom with shower and a large storage closet, both accessible from the side yard are perfect for rinsing off after the beach and storing the toys. Only steps to the sand, this quintessential beach home is great for both the full time resident and the second-home vacationer. Our re-imagined “Oceanaire” is an easy jaunt by foot, bike or car to nearby restaurants, markets, shops and beaches, all part of the wonderful amenities making West Newport so special. Be advised however, ocean breezes and the sound of waves may prevent one from ever leaving your new home.

Last Agent to Sell the Property

Gordon Henry

Pacific Sotheby's Int'l Realty Brokerage Phone: 949-500-1236 License #00704984 Listed on: 05/30/2024

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Pamela Spruce

Compass License #01242934

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,385

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 3,206 Sq Ft Lot
  • South Facing Home
  • Stone Wall
  • Vinyl Fence
  • Fence is in good condition
  • Rectangular Lot
  • Level Lot
  • Manual Sprinklers System
  • Property is zoned R-2

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Side by Side Parking
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Spanish Tile Roof
  • Tile Roof
  • Plaster
  • Stucco

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Double Pane Windows
  • Sliding Doors
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Game Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Walk-In Pantry
  • Double Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Utility Sink
  • Disposal

Flooring

  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 6 Full Bathrooms
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Enclosed patio or porch
  • Rain Gutters

Location

  • Across the Road from Lake or Ocean

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Overhead Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 47
  • Tax Tract Number 3813
  • Assessor Parcel Number 42302309
  • $380 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • West Newport Beach Subdivision, Oceanaire Floorplan

Recreation

  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,385

Year Built

Built in 2006 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Zoning: R-2
  • Architectural Style: Custom Built, Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42302309
  • Year Built: 2006
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3100.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Living Room Deck Attached, Open Floorplan, Pantry, Quartz Counters, Stone Counters
  • Stories: 2
  • Entry Location: Ground
  • Common Walls: No Common Walls
  • Flooring: Laminate, Stone
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1582.26
  • Room Type: Entry, Formal Entry, Foyer, Game Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Suite, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Primary Bath, Main Floor Full Bath, Remodeled, Separate Tub And Shower, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • View: Ocean, Peek-A-Boo, Water
  • Fence: Yes
  • Fencing: Good Condition, Stone, Vinyl
  • Patio And Porch Features: Deck, Enclosed, Patio, Stone
  • Pool Private: No
  • Roof: Spanish Tile, Tile
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Two Door, Garage Door Opener, Side by Side
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Double Oven, Electric Oven, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Gutters, Watersports, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level, Sprinklers Manual, Utilities - Overhead
  • Lot Size Sq Ft: 3206.00
  • Lot Size Acres: 0.0736

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3206.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 635.00
  • Tax Lot: 47
  • Tax Tract Number: 3813
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Oct 9, 2024
Sold by
Emerald Financial Llc
Bought by
Chin Michael and Chin Kit Wu
Seller's Agent
Gordon Henry
Pacific Sotheby's Int'l Realty
Buyer's Agent
Pamela Spruce
Compass
List Price
$5,265,000
Sold Price
$4,905,000
Premium/Discount to List
-$360,000
-6.84%
Total Days on Market
128
Views
318
Current Estimated Value
$4,980,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,627
Avg. Annual Appreciation
2.67%
Original Mortgage
$1,400,000
Outstanding Balance
$1,391,676
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$3,588,951

Purchase Details

Closed on
May 3, 2007
Sold by
A & W Llc
Bought by
Emerald Financial Llc

Purchase Details

Closed on
Sep 7, 2005
Sold by
A & W Llc
Bought by
A & W Llc

Purchase Details

Closed on
Apr 13, 2005
Sold by
Carr Timothy Walter
Bought by
A & W Ii Llc

Purchase Details

Closed on
Feb 14, 2005
Sold by
Carr Timothy W and Carr Julie
Bought by
Carr Timothy Walter and 2002 Timothy W Carr & Julie Carr Revocab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,293,750
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2005
Sold by
Swanson Leslie Robert and Rosso Anita M
Bought by
Carr Timothy W and Carr Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,293,750
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $4,905,000 Chicago Title
Grant Deed $3,195,000 Equity Title Company
Grant Deed -- Southland Title
Grant Deed -- Stewart Title Company
Interfamily Deed Transfer -- Stewart Title Company
Grant Deed $1,685,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,400,000 New Conventional
Previous Owner $1,800,000 New Conventional
Previous Owner $1,750,000 Unknown
Previous Owner $1,820,000 Unknown
Previous Owner $1,293,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $4,905,000 -1.8% $1,582 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
10/02/2024 10/02/24 Price Changed $4,995,000 -5.1% $1,611 / Sq Ft
05/30/2024 05/30/24 For Sale $5,265,000 0.0% $1,698 / Sq Ft
07/28/2015 07/28/15 Rented $6,500 -16.7% --
07/28/2015 07/28/15 For Rent $7,800 -- --
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 $44,385 $4,180,930 $3,414,222 $766,708
2023 $39,338 $3,716,250 $3,090,396 $625,854
2022 $38,688 $3,643,383 $3,029,800 $613,583
2021 $37,946 $3,571,945 $2,970,393 $601,552
2020 $37,582 $3,535,320 $2,939,936 $595,384
2019 $36,799 $3,466,000 $2,882,290 $583,710
2018 $36,778 $3,466,000 $2,882,290 $583,710
2017 $36,842 $3,466,000 $2,882,290 $583,710
2016 $32,731 $3,085,444 $2,501,734 $583,710
2015 $32,914 $3,085,444 $2,501,734 $583,710
2014 $32,773 $3,085,444 $2,501,734 $583,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24104228

California Regional Multiple Listing Service (CRMLS)

APN: 423-023-09