2200 Lake Park Ln Newport Beach, CA 92660
Eastside Costa Mesa NeighborhoodEstimated payment $17,930/month
Highlights
- Main Floor Primary Bedroom
- No HOA
- 3 Car Direct Access Garage
- Heinz Kaiser Elementary School Rated A
- Hiking Trails
- Patio
About This Home
Newport Beach Opportunity – Priced to Move at $3,250,000!
They say real estate is all about location, and this one still knocks it out of the park—even if the house itself is limping to first base. Welcome to 2200 Lake Park Ln, now offered at a more attractive price, giving you an even better chance to capitalize on this rare Newport Beach gem. Whether you're dreaming of building a custom estate or giving the existing home a dramatic HGTV-worthy makeover, the opportunity is bigger—and now more affordable than ever.
Sitting on a 7,590 square foot lot, the current 3,400 square foot, 5-bedroom, 4-bath home, built in 1962, needs significant work—or, let’s be honest, a fresh start. But the location? Chef’s kiss. Tucked near the secret serenity of Cherry Lake, you’ll enjoy a peaceful neighborhood vibe that feels miles away from the buzz—but is just minutes to the beach, Fashion Island, and top schools.
So What Are Your Options?
- Renovate and Reimagine – Roll up your sleeves and give this property the glow-up it’s begging for.
- Tear Down and Rebuild – A clean slate on a great lot in a multi-million dollar neighborhood.
- Invest and Profit – Developers are already circling—this is your shot to get in while the price is hot.
Key Features:
- Lot Size: 7,590 square feet
- Existing Home: 3,400 square feet, 5 beds, 4 baths
- Hidden Gem Location: Near Cherry Lake—a tucked-away spot most Newport locals don’t even know exists
- Zoning: Residential
- Investment Potential: New construction homes nearby are trading hands for eye-popping prices
This is the type of property people kick themselves for missing once it’s gone. Whether you're a builder, a buyer with vision, or someone who just wants land in a killer zip code, this is your shot to make something special in 92660—and now at a more compelling price.
Listing Agent
Broker Home Services Brokerage Phone: 949-945-6338 License #01901962 Listed on: 02/20/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,365
Year Built
- Built in 1962
Lot Details
- 7,590 Sq Ft Lot
- Fenced
- Back Yard
Parking
- 3 Car Direct Access Garage
- Parking Available
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,400 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Formal Entry
- Family Room with Fireplace
- Living Room
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Patio
Utilities
- Central Heating and Cooling System
- Source of electricity is unknown
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 104
- Tax Tract Number 300
- Assessor Parcel Number 11932106
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Santa Ana Heights Residential Subdivision
Recreation
- Hiking Trails
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $7,365 | $664,243 | $432,234 | $232,009 |
| 2024 | $7,365 | $651,219 | $423,759 | $227,460 |
| 2023 | $7,201 | $638,450 | $415,450 | $223,000 |
| 2022 | $7,059 | $625,932 | $407,304 | $218,628 |
| 2021 | $6,838 | $613,659 | $399,317 | $214,342 |
| 2020 | $6,772 | $607,367 | $395,222 | $212,145 |
| 2019 | $6,638 | $595,458 | $387,472 | $207,986 |
| 2018 | $6,508 | $583,783 | $379,875 | $203,908 |
| 2017 | $6,394 | $572,337 | $372,427 | $199,910 |
| 2016 | $6,252 | $561,115 | $365,124 | $195,991 |
| 2015 | $6,189 | $552,687 | $359,639 | $193,048 |
| 2014 | $6,043 | $541,861 | $352,594 | $189,267 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/05/2025 04/05/25 | Price Changed | $3,250,000 | -7.1% | $956 / Sq Ft |
| 02/20/2025 02/20/25 | For Sale | $3,500,000 | -- | $1,029 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Amrock Inc | |
| Interfamily Deed Transfer | -- | Amrock Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Lenders Choice Title Company | |
| Interfamily Deed Transfer | -- | Alliance Title Company | |
| Interfamily Deed Transfer | -- | Alliance Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $400,000 | Lawyers Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $70,000 | New Conventional | |
| Open | $428,000 | New Conventional | |
| Closed | $35,000 | Future Advance Clause Open End Mortgage | |
| Closed | $396,800 | New Conventional | |
| Closed | $411,500 | Unknown | |
| Closed | $30,000 | Credit Line Revolving | |
| Closed | $312,000 | Stand Alone First | |
| Previous Owner | $320,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25037244
APN: 119-321-06
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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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