2 Beacon Bay Newport Beach, CA 92660
Bayside NeighborhoodEstimated Value: $4,128,000 - $9,378,932
4
Beds
4.5
Baths
2,274
Sq Ft
$3,285/Sq Ft
Est. Value
Highlights
- Beach Front
- Marina
- Property has ocean access
- Abraham Lincoln Elementary School Rated A
- Ocean View
- Boat Dock
About This Home
As of August 2021This classic, traditional-style, single-level, Beacon Bay bayfront home is brimming with charm, character and style and sits on the white sands of Newport Harbor’s ultimate lifestyle community Beacon Bay. The home has spectacular vistas of the Balboa Island Reach, Harbor Island Reach and Newport Channel and is an everchanging panorama of boats, kayakers, paddleboarders and colorful sunsets. The Cape Cod style home features a large living room with a fireplace, built-in book cases, gleaming white paneled walls, and vaulted beam ceilings; a formal dining area, with a bar; a kitchen with custom cabinetry, Calcutta Gold marble countertops, subway tile and professional grade appliances, a gracious master suite with a limestone bath, glass tile backsplash, and double vanity, a powder bath, den/office with a skylight, bedroom suite with beadboard siding, limestone bath, and a separate bedroom suite with a private entrance and sitting area. In addition, there is a great entry courtyard with a fireplace, two car attached garage and big waterside Arizona stone patio. Beacon Bay is one of Newport Harbor’s most coveted waterfront neighborhoods with its spectacular water views, handsome Eastern Seaboard homes, nautical style, lush grassy Stradas, and wide sandy bay beach. This location is filled with fun and will invoke your fondest memories of days spent at the beach with the whole family: think swim suits, t-shirts, bare feet, swimming, sailing, and nights filled with cousins, cook outs and playing on the beach to the wee hours. Beacon Bay is a state of California Tidelands Leasehold. Purchasers receive a new 50-year ground lease from the city of Newport Beach that is based upon 2.5% of the purchase price of the property. There is no buy-out option.
Last Agent to Sell the Property
Pacific Sotheby’s International Realty License #00936421 Listed on: 07/14/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $79,819
Year Built
- Built in 1947
Lot Details
- 4,125 Sq Ft Lot
- Lot Dimensions are 55 x 75'
- Beach Front
- Property Fronts a Bay or Harbor
- Property fronts a private road
- Block Wall Fence
- Stucco Fence
- Landscaped
- Sprinklers Throughout Yard
- Land Lease
HOA Fees
- $275 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
- Single Garage Door
- Guest Parking
Property Views
- Ocean
- Coastline
- Bay
- Harbor
- Panoramic
- Bridge
- City Lights
- Views of a landmark
Home Design
- Cape Cod Architecture
- Traditional Architecture
- Cottage
- Slab Foundation
- Interior Block Wall
- Shingle Roof
- Shingle Siding
- Stone Veneer
- Stucco
Interior Spaces
- 2,274 Sq Ft Home
- 1-Story Property
- Bar
- Wainscoting
- Beamed Ceilings
- Cathedral Ceiling
- Sliding Doors
- Separate Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Den
- Laundry Room
Kitchen
- Eat-In Kitchen
- Gas Oven
- Six Burner Stove
- Gas Cooktop
- Stone Countertops
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Maid or Guest Quarters
- In-Law or Guest Suite
- Stone Bathroom Countertops
- Bidet
- Dual Vanity Sinks in Primary Bathroom
- Low Flow Toliet
- Walk-in Shower
Outdoor Features
- Property has ocean access
- Ocean Side of Highway 1
- Fireplace in Patio
- Stone Porch or Patio
- Terrace
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 2 / 98888
- Assessor Parcel Number 98888369
Community Details
Overview
- Beacon Bay Community Association, Phone Number (949) 215-8485
- Beacon Bay Comm HOA
- Beacon Bay Subdivision
Amenities
- Picnic Area
Recreation
- Boat Dock
- Pier or Dock
- Marina
- Tennis Courts
- Community Playground
- Fishing
- Water Sports
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 12, 2022
Sold by
Burnham Family Trust
Bought by
Burnham Family Trust
Total Days on Market
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,963,050
Outstanding Balance
$3,708,484
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$3,180,325
Purchase Details
Listed on
Jul 14, 2021
Closed on
Aug 25, 2021
Sold by
Wittenberg Fletcher Sally
Bought by
Fletcher David
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Jill Wiese
Pacific Sotheby's Int'l Realty
List Price
$6,325,000
Sold Price
$5,700,000
Premium/Discount to List
-$625,000
-9.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Purchase Details
Closed on
Oct 19, 2001
Sold by
Eversoll John D and Eversoll Jessie J
Bought by
Eversoll John D and Eversoll Jessie J
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fletcher David | -- | -- | |
| Eversoll John D | -- | Benefit Land Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ward Patrick | $150,000 | |
| Previous Owner | Ward Patrick | $1,500,000 | |
| Previous Owner | Eversoll John D | $600,000 | |
| Previous Owner | Eversoll John D | $170,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2021 08/25/21 | Sold | $5,700,000 | -9.9% | $2,507 / Sq Ft |
| 08/03/2021 08/03/21 | Pending | -- | -- | -- |
| 07/14/2021 07/14/21 | For Sale | $6,325,000 | -- | $2,781 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $79,819 | $7,548,483 | $7,388,909 | $159,574 |
| 2023 | $78,375 | $7,440,137 | $7,282,852 | $157,285 |
| 2022 | $77,725 | $7,354,931 | $7,199,447 | $155,484 |
| 2021 | $41,664 | $3,932,396 | $781,109 | $3,151,287 |
| 2020 | $41,264 | $3,892,075 | $773,100 | $3,118,975 |
| 2019 | $40,402 | $3,815,760 | $757,941 | $3,057,819 |
| 2018 | $39,594 | $3,740,942 | $743,080 | $2,997,862 |
| 2017 | $38,891 | $3,667,591 | $728,510 | $2,939,081 |
| 2016 | $38,013 | $3,595,678 | $714,226 | $2,881,452 |
| 2015 | $37,616 | $3,537,888 | $699,718 | $2,838,170 |
| 2014 | $36,801 | $3,468,586 | $686,011 | $2,782,575 |
Source: Public Records
Agents Affiliated with this Home
-
Steve High
Seller's Agent in 2021
Steve High
Pacific Sotheby’s International Realty
(949) 874-4724
3 in this area
72 Total Sales
-
Evan Corkett
Seller Co-Listing Agent in 2021
Evan Corkett
Pacific Sotheby's Int'l Realty
(949) 285-1055
2 in this area
51 Total Sales
-
Jill Wiese
Buyer's Agent in 2021
Jill Wiese
Pacific Sotheby's Int'l Realty
(949) 646-3605
1 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG21153667
APN: 988-883-69
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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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