$9,450,000
SOLD JAN 31, 2025
5 Beds
6 Baths
4,858 Sq Ft
0.68 Acres

Recently Sold

$1,945 Per Sq Ft

Highlights

  • Access To Lake
  • Home Theater
  • Private Pool
  • Heinz Kaiser Elementary School Rated A
  • New Construction
  • Custom Home

About This Home

As of January 2025

Welcome to 2420 23rd St, a 4,858 sq ft newly constructed wellness retreat on a sprawling 29,550 sq ft lot with private lake access in Newport Beach, CA. This luxury home combines comfort and well-being, featuring five spacious bedrooms, six bathrooms, and a master retreat with high ceilings and elegant finishes. Designed for relaxation and entertaining, the home includes a movie room, a flex space with a bar, and a vanishing-edge pool with a cascading waterfall, all set among lush landscaping and mature trees. As a wellness-focused retreat, this home uses eco-friendly materials and non-toxic paint, with owned solar panels further enhancing its sustainability. The gourmet kitchen showcases a 14' Calacatta Antica marble island, a 60" Italian Ilve stove, and Subzero fridges, plus a fully equipped back kitchen with a Subzero fridge, dishwasher, and ovens for added convenience. The living area boasts 27’ ceilings, limestone walls, custom lighting, and a Maple tree centerpiece on the deck that adds an organic touch to the entry. The master suite is a true sanctuary, featuring a fireplace, a private seating area, and an outdoor shower. Its spa-like bath includes floor-to-ceiling Zellige tiles, Calacatta Vintage Viola marble, and integrated sinks. Each additional bathroom is similarly luxurious, with Calacatta Gold herringbone tile and tumbled marble floors. An 800 sq ft ADU with two bedrooms, two bathrooms, a kitchen, living room, and private lake views provides flexible space for guests or extended family. The ADU includes Black Limestone counters, a tumbled marble backsplash, and eco-friendly finishes. Outdoors, you’ll enjoy a custom fire pit, a serene gazebo, and direct access to the lake for swimming, paddleboarding, or simply soaking up the peaceful surroundings. With landscaping designed by Garden Studio and proximity to Back Bay for hiking and biking, as well as Newport Beach’s dining and shopping, this property perfectly balances luxury, nature, and wellness. 2420 23rd St isn’t just a home—it’s a lifestyle centered on well-being and tranquility.

Last Agent to Sell the Property

Keven Stirdivant

Kase Real Estate Brokerage Phone: 9493555947 License #01434793 Listed on: 12/14/2024

Kase Real Estate

Last Buyer's Agent

Keven Stirdivant

Kase Real Estate Brokerage Phone: 9493555947 License #01434793 Listed on: 12/14/2024

Kase Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,290

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.68 Acre Lot
  • Landscaped
  • Lot Sloped Down
  • Backyard Sprinklers
  • Private Yard
  • Back Yard
  • Property is zoned R1

HOA Fees

  • $192 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • Automatic Gate

Home Design

  • Custom Home
  • Modern Architecture
  • Metal Roof

Interior Spaces

  • 4,858 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Family Room with Fireplace
  • Family or Dining Combination
  • Home Theater
  • Lake Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 6 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Access To Lake
  • Balcony
  • Deck
  • Open Patio
  • Fire Pit
  • Rain Gutters

Location

  • Suburban Location

Schools

  • Horace Ensign Middle School
  • Newport Harbor High School

Utilities

  • Zoned Heating and Cooling
  • 220 Volts

Listing and Financial Details

  • Tax Lot 104
  • Tax Tract Number 300
  • Assessor Parcel Number 11932108
  • $541 per year additional tax assessments

Community Details

Overview

  • Lake Park Homeowners Assn Association, Phone Number (949) 677-4994
  • Built by Revere Real Estate Development Company
  • Community Lake

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,290

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$192 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Custom Built, Modern
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 11932108
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 4858.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Area, In Family Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1945.24
  • Room Type: Home Theatre, Kitchen, Laundry, Main Floor Bedroom, Primary Bathroom, Primary Bedroom
  • Spa Features: Private
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Lake
  • Builder Name: Revere Real Estate Development Company
  • Patio And Porch Features: Deck, Patio, Patio Open
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Metal
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator
  • Electric: 220 Volts, Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pets Permitted
  • Association Fee: 192.00
  • Association Fee Frequency: Monthly
  • Association Name: Lake Park Homeowners Assn
  • Phone: 949.677.4994
  • Senior Community: No
  • Community Features: Biking, Hiking, Lake, Suburban

Schools

  • School District: Newport Mesa Unified
  • Middle School: Horace Ensign
  • High School: Newport Harbor
  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Sloped Down, Landscaped, Lot 20000-39999 Sqft, Sprinkler System, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 29550.00
  • Lot Size Acres: 0.6784

Multi Family

  • Lease Considered: No
  • Lot Size Area: 29550.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Lake

Tax Info

  • Tax Census Tract: 630.09
  • Tax Lot: 104
  • Tax Tract Number: 300
  • TaxOtherAnnualAssessmentAmount: 541.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Jan 19, 2022
Sold by
Vahan Simidian Ii Family Trust
Bought by
Lake Newport Llc
Seller's Agent
Branden Fella
Coldwell Banker Realty
Buyer's Agent
Eliisa Stowell
Surterre Properties Inc.
List Price
$3,499,000
Sold Price
$2,700,000
Premium/Discount to List
-$799,000
-22.84%
Current Estimated Value
$7,842,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,142,231
Avg. Annual Appreciation
36.01%
Original Mortgage
$2,683,736
Interest Rate
2.62%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 24, 2020
Sold by
Simidian Vahan and Simidian Norma
Bought by
Simidian Vahan and Vahan Simidian Ii Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2018
Sold by
Simidian Vahan and Simidian Norma
Bought by
Simidian Vahan and Vahan Simidian Ii Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2011
Sold by
Simidian Vahan
Bought by
Simidian Vahan and Vahan Simidian Ii Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2010
Sold by
Simidian Vahan
Bought by
Simidian Vahan and Vahan Simidian Ii Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,200
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2010
Sold by
Simidian Vahan
Bought by
Simidian Vahan and Vahan Simidian Ii Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$713,750
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2007
Sold by
Simidian Norma
Bought by
Simidian Vahan and Vahan Simidian Ii Family Trust

Purchase Details

Closed on
Jun 20, 2006
Sold by
Simidian Vahan
Bought by
Simidian Norma

Purchase Details

Closed on
May 1, 2006
Sold by
Simidian Norma
Bought by
Simidian Vahan and Vahan Simidian Ii Family Trust

Purchase Details

Closed on
Feb 25, 2006
Sold by
Simidian Vahan
Bought by
Simidian Norma

Purchase Details

Closed on
Apr 15, 2005
Sold by
Simidian Norma and Simidian Norman
Bought by
Simidian Vahan and Vahan Simidian Ii Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 22, 2005
Sold by
Simidian Vahan
Bought by
Simidian Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 3, 1997
Sold by
Norma Simidian
Bought by
Simidian Vahan and The Vahan Simidian Ii Family Trust

Purchase Details

Closed on
Sep 23, 1994
Sold by
King Richard H
Bought by
Simidian Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $2,700,000 Chicago Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $415,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,001,000 Construction
Previous Owner $2,683,736 Construction
Previous Owner $550,333 New Conventional
Previous Owner $550,333 Commercial
Previous Owner $1,200,000 New Conventional
Previous Owner $1,070,000 New Conventional
Previous Owner $400,000 Unknown
Previous Owner $330,000 Unknown
Previous Owner $712,500 New Conventional
Previous Owner $716,200 New Conventional
Previous Owner $713,750 New Conventional
Previous Owner $199,000 Credit Line Revolving
Previous Owner $700,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $332,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $9,450,000 -0.5% $1,945 / Sq Ft
12/14/2024 12/14/24 For Sale $9,495,000 +251.7% $1,955 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
03/18/2022 03/18/22 Sold $2,700,000 -6.9% $1,438 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/13/2022 01/13/22 Price Changed $2,899,000 -17.1% $1,544 / Sq Ft
10/13/2021 10/13/21 For Sale $3,499,000 -- $1,864 / 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
2025 $32,290 $3,870,318 $2,728,265 $1,142,053
2024 $32,290 $3,002,035 $2,674,770 $327,265
2023 $29,411 $2,754,000 $2,622,324 $131,676
2022 $7,385 $656,864 $549,384 $107,480
2021 $7,231 $643,985 $538,612 $105,373
2020 $7,162 $637,382 $533,089 $104,293
2019 $7,021 $624,885 $522,636 $102,249
2018 $6,885 $612,633 $512,388 $100,245
2017 $6,766 $600,621 $502,341 $98,280
2016 $6,617 $588,845 $492,492 $96,353
2015 $6,552 $580,000 $485,094 $94,906
2014 $6,398 $568,639 $475,592 $93,047
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24218915

California Regional Multiple Listing Service (CRMLS)

APN: 119-321-08