NOT LISTED FOR SALE

Estimated Value: $5,152,000 - $7,088,000

5 Beds
4.5 Baths
3,943 Sq Ft
$1,586/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $4,250,000 $1,078 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $37,787/month

Highlights

  • Ocean View
  • Wine Cellar
  • Primary Bedroom Suite
  • Eastbluff Elementary School Rated A
  • In Ground Pool
  • 1-minute walk to Blue Heron Park

About This Home

As of July 2023

Welcome to this quintessential Newport Beach home, expertly designed and constructed in 2020. Located on a single-loaded street within the desirable, central enclave of East Bluff. This seamless, timeless and flawless design, awaits the most discerning clientele. The impeccable, quality construction and distinguished design is truly a masterpiece with every amenity desired, starting with the video-surveilled gated entry, private, resort style pool and spa, built-in barbecue area, outdoor shower, California Room, fire pit and natural landscaping. The grand entrance immediately captures your attention where you are graciously gestured into the cohesive floor plan with layers of natural light and soaring ceilings. The elegantly styled soft contemporary ambience guides you through the stunning formal dining area with La Cantina stacking doors and statement glass-encased wine display. Generously sized family room brilliantly showcases stunning Heat & Glo Fireplace, seamless sliding glass panels that seemingly unite the indoors with the outdoors. Open Family area transitions you into a show stopping kitchen. Home chefs will admire the functionally curated layout, the premium appliances, finely crafted cabinetry, the notable size walk-in pantry and sleek waterfall edge on an impressive central island. Completing the lower level are a powder bath (with pool access), designated laundry room, office, guest suite, and one of two master suites. The upper level delivers a den/flex space, a secondary guest en suite and the luxurious primary master suite with spa bath and views across Newport Beach to Palos Verdes. This spectacular home will make you appreciate the art of fine living and will impresses even the most discerning with the highest caliber standards. Newport Beach amenities include wide sandy beaches, prestigious, award-winning schools, highly respected dining establishments, friendly trails, friendly parks, boutique shopping and unifying community events which are all part of the package.

Last Agent to Rent the Property

Breanna Mason

HomeSmart, Evergreen Realty License #01936758 Listed on: 06/17/2023

HomeSmart, Evergreen Realty

Last Renter's Agent

Courtney Hackbarth

Compass License #02080832

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,849

Year Built

  • Built in 2020

Lot Details

  • 0.27 Acre Lot
  • Paved or Partially Paved Lot
  • Back and Front Yard

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Bluff

Home Design

  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 3,943 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Home Office
  • Loft
  • Home Security System
  • Attic

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Butlers Pantry
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Self-Closing Drawers

Bedrooms and Bathrooms

  • Retreat
  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Eastbluff Macco Subdivision

Listing and Financial Details

  • Security Deposit $38,000
  • 12-Month Minimum Lease Term
  • Available 6/17/23
  • Tax Lot 104
  • Tax Tract Number 4893
  • Assessor Parcel Number 44003302

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,849

Year Built

Built in 2020

Lot Details

0

Parking

3

Rental Info

  • Additional Rent For Pets: Yes
  • Available Date: 2023-06-17
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 38000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Total Move In Costs: 57000.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Security System
  • Subdivision Name Other: Eastbluff - Macco (EBMO)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 44003302
  • Year Built: 2020
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3943.00 Square Feet
  • Stories: 2
  • Entry Location: Ground
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Dining Room, In Kitchen, Separated
  • Entry Level: 1
  • Fireplace Features: Family Room, Master Bedroom, Master Retreat
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 4.82
  • Room Type: Attic, Den, Entry, Family Room, Foyer, Great Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Retreat, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private, In Ground
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Master Bath, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting
  • View: Bluff, City Lights, Ocean, Panoramic
  • Patio And Porch Features: Enclosed, Patio
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Range, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard, Paved
  • Lot Size Sq Ft: 11544.00
  • Lot Size Acres: 0.2650

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 11544.0000 Square Feet
  • Management Co: Eastbluff HOA
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 630.07
  • Tax Lot: 104
  • Tax Tract Number: 4893

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Sep 1, 2020
Sold by
2507 Alta Vista Newport Beach Llc
Bought by
Zhang Miyi
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Randy Zhao
RE/MAX Galaxy
List Price
$4,499,000
Sold Price
$4,250,000
Premium/Discount to List
-$249,000
-5.53%
Current Estimated Value
$6,251,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,001,654
Avg. Annual Appreciation
8.13%
Original Mortgage
$2,975,000
Outstanding Balance
$2,674,499
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$3,577,155

Purchase Details

Closed on
Feb 8, 2018
Sold by
Burton James T and Burton Margot A
Bought by
2507 Alta Vista Newport Beach Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 1995
Sold by
Burton James T and Burton Margot A
Bought by
Burton James T and Burton Margot A
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Zhang Miyi $4,250,000 Chicago Title
2507 Alta Vista Newport Beach Llc $2,050,000 None Available
Burton James T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Miyi $2,975,000
Previous Owner Alta Vista Newport Beach Llc $2,500,000
Previous Owner 2507 Alta Vista Newport Beach Llc $2,200,000
Previous Owner Burton James T $938,250
Previous Owner Burton James T $469,342
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2023 07/03/23 Rented $19,000 0.0% --
06/25/2023 06/25/23 For Rent $19,000 0.0% --
06/24/2023 06/24/23 Off Market $19,000 -- --
06/17/2023 06/17/23 For Rent $19,000 0.0% --
08/24/2022 08/24/22 Rented $19,000 +1.1% --
08/17/2022 08/17/22 Off Market $18,800 -- --
08/16/2022 08/16/22 For Rent $18,800 0.0% --
08/15/2022 08/15/22 Off Market $18,800 -- --
08/14/2022 08/14/22 For Rent $18,800 0.0% --
08/13/2022 08/13/22 Off Market $18,800 -- --
08/10/2022 08/10/22 For Rent $18,800 0.0% --
08/10/2022 08/10/22 Off Market $18,800 -- --
08/09/2022 08/09/22 Off Market $18,800 -- --
07/29/2022 07/29/22 For Rent $18,800 0.0% --
10/02/2020 10/02/20 Sold $4,250,000 -1.0% $1,078 / Sq Ft
07/21/2020 07/21/20 Price Changed $4,295,000 -4.5% $1,089 / Sq Ft
06/02/2020 06/02/20 For Sale $4,499,000 +119.5% $1,141 / Sq Ft
04/20/2018 04/20/18 Sold $2,050,000 -6.8% $838 / Sq Ft
02/08/2018 02/08/18 For Sale $2,200,000 0.0% $899 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $2,200,000 -- $899 / 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 $47,849 $4,600,336 $3,498,832 $1,101,504
2024 $47,849 $4,510,134 $3,430,228 $1,079,906
2023 $46,733 $4,421,700 $3,362,968 $1,058,732
2022 $45,963 $4,335,000 $3,297,027 $1,037,973
2021 $45,080 $4,250,000 $3,232,379 $1,017,621
2020 $29,571 $2,774,494 $1,963,587 $810,907
2019 $22,343 $2,091,000 $1,925,086 $165,914
2018 $1,682 $133,176 $62,421 $70,755
2017 $1,652 $130,565 $61,197 $69,368
2016 $1,617 $128,005 $59,997 $68,008
2015 $1,599 $126,083 $59,096 $66,987
2014 $1,561 $123,614 $57,939 $65,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23107953

California Regional Multiple Listing Service (CRMLS)

APN: 440-033-02