NOT LISTED FOR SALE

124 Kings Place Newport Beach, CA 92663

Cliff Haven Neighborhood

Estimated Value: $5,353,000 - $6,160,000

0.35 Acre
$16,376,867 Price per Acre
15,364 Sq Ft Lot

Last Sold December 05, 2024

Last sale price $5,700,000 $7,393 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $33,502/month

Highlights

  • Ocean View
  • No HOA
  • Bike Trail
  • Newport Heights Elementary Rated A

About This Lot

As of December 2024

"Vacant lot " Front row located on a highly sought after street Kings Place, buildable vacant lot that you can build an incredible home with a spectacular Ocean View, Newport Harbor, City Lights and Back bay. Million dollar retaining walls and foundation are in place and ready for the next step in building your Ocean View dream home.
This buildable lot is approximately one-third acre with room for an estate home, swimming pool, tennis court/ pickle-ball, fire pit and endless ideas and opportunities to make it your dream home.

Last Agent to Sell the Property

Suzanne Malerbe

RE/MAX Select One Brokerage Phone: 714-925-1436 License #01467209 Listed on: 12/04/2024

RE/MAX Select One

Last Buyer's Agent

Suzanne Malerbe

RE/MAX Select One Brokerage Phone: 714-925-1436 License #01467209 Listed on: 12/04/2024

RE/MAX Select One

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,112

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 73x210
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Property Views

  • Ocean
  • Marina
  • Back Bay
  • City Lights

Listing and Financial Details

  • Legal Lot and Block 10 / D
  • Tax Tract Number 1219
  • Assessor Parcel Number 04920234

Community Details

Overview

  • No Home Owners Association
  • Kings Road Subdivision

Recreation

  • Bike Trail
  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$18,112

Lot Details

0

Listing Details

  • Ad Number: 714-925-1436
  • Other Phone Description: 714-925-1436
  • Other Phone Number: 714-925-1436
  • Subdivision Name Other: Kings Road (KGRD)
  • View: Yes
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 04920234
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 370.97

Exterior Features

  • View: Back Bay, Bay, City Lights, Marina, Ocean, Water

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 73x210
  • Lot Size Sq Ft: 15365.00
  • Lot Size Acres: 0.3527

Multi Family

  • Lot Size Area: 15365.0000 Square Feet

Tax Info

  • Tax Block: D
  • Tax Lot: 10
  • Tax Tract Number: 1219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2025
Sold by
Burns Marc and Burns Laurie
Bought by
Kpre Ventures Llc
Current Estimated Value
$5,776,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,505,000
Outstanding Balance
$6,499,530
Interest Rate
6.87%
Mortgage Type
Construction
Estimated Equity
-$723,409

Purchase Details

Listed on
Dec 4, 2024
Closed on
Nov 15, 2024
Sold by
Mann Elena
Bought by
Mann Alex
Seller's Agent
Suzanne Malerbe
RE/MAX Select One
Buyer's Agent
Suzanne Malerbe
RE/MAX Select One
List Price
$5,700,000
Sold Price
$5,700,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%

Purchase Details

Listed on
Dec 4, 2024
Closed on
Nov 14, 2024
Sold by
Mann Alex
Bought by
Burns Marc and Burns Laurie
Seller's Agent
Suzanne Malerbe
RE/MAX Select One
Buyer's Agent
Suzanne Malerbe
RE/MAX Select One
List Price
$5,700,000
Sold Price
$5,700,000
Views
7

Purchase Details

Closed on
Feb 13, 2013
Sold by
Mann Ryoko
Bought by
Mann Alex

Purchase Details

Closed on
Dec 13, 2011
Sold by
Mann Ryoko
Bought by
Mann Ryoko

Purchase Details

Closed on
Jun 22, 2010
Sold by
U S Bank National Association
Bought by
The J & R Mann Family N Limited Partners

Purchase Details

Closed on
Dec 15, 2009
Sold by
Harwood Eric M
Bought by
Us Bank National Association

Purchase Details

Closed on
Nov 5, 2008
Sold by
Harwood Eric M
Bought by
Kings Place Llc

Purchase Details

Closed on
May 16, 2006
Sold by
Rice Patricia Ann
Bought by
Harwood Eric M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,840,000
Interest Rate
8.12%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kpre Ventures Llc -- Old Republic Title
Mann Alex -- First American Title
Mann Alex -- First American Title
Burns Marc $5,700,000 First American Title
Burns Marc $5,700,000 First American Title
Mann Alex -- None Available
Mann Ryoko -- None Available
Mann Ryoko -- None Available
The J & R Mann Family N Limited Partners $1,435,000 Landsafe Title Of Ca Inc
Us Bank National Association $1,190,000 Landsafe Title
Kings Place Llc -- None Available
Harwood Eric M $2,400,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kpre Ventures Llc $6,505,000
Previous Owner Mann Alex $1,143,000
Previous Owner Mann Alex $900,000
Previous Owner Harwood Eric M $1,840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Sold $5,700,000 0.0% $7,393 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
12/04/2024 12/04/24 For Sale $5,700,000 -- $7,393 / 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 $18,112 $1,684,515 $1,684,515 --
2023 $17,693 $1,651,486 $1,651,486 $0
2022 $17,398 $1,619,104 $1,619,104 $0
2021 $17,065 $1,587,357 $1,587,357 $0
2020 $16,901 $1,571,081 $1,571,081 $0
2019 $17,274 $1,615,785 $1,540,277 $75,508
2018 $16,929 $1,584,103 $1,510,075 $74,028
2017 $16,628 $1,553,043 $1,480,466 $72,577
2016 $16,254 $1,522,592 $1,451,438 $71,154
2015 $16,100 $1,499,722 $1,429,636 $70,086
2014 $15,719 $1,470,345 $1,401,631 $68,714
Source: Public Records

Agents Affiliated with this Home

  • Suzanne Malerbe

    Seller's Agent in 2024

    Suzanne Malerbe

    RE/MAX

    (714) 925-1436

    3 in this area

    54 Total Sales

    Suzanne Malerbe
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24244107

California Regional Multiple Listing Service (CRMLS)

APN: 049-202-34

California Orange County Newport Beach 92663 Cliff Haven

124 Kings Place, Newport Beach, CA

This home is located at 124 Kings Place, Newport Beach, CA 92663 since 04 December 2024 and is currently estimated at $5,776,121, approximately $7,491 per square foot. 124 Kings Place is a home located in Orange County with nearby schools including Newport Heights Elementary, 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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