Seller's Agent in 2022
Tim Smith
Coldwell Banker Realty
(949) 717-4711
12 in this area
717 Total Sales
2907 Cliff Dr Newport Beach, CA 92663
Newport Heights NeighborhoodEstimated Value: $8,313,000 - $8,646,000
5
Beds
5.5
Baths
5,002
Sq Ft
$1,694/Sq Ft
Est. Value
Highlights
- Ocean View
- Wine Cellar
- Primary Bedroom Suite
- Newport Heights Elementary Rated A
- In Ground Pool
- 2-minute walk to Cliff Drive Park
About This Home
As of February 2022Destined to be without equal, this showpiece property presents ocean, harbor, and Catalina views on a premier parcel perched next to Cliff Drive Park on one side, and just steps away from luscious, open greenbelt on the other. Extending over 5,000 square feet, the grandly appointed five bedroom (optional sixth). five-and-one-half bath residence is introduced by a retreat-like walkway lined by flowing water features, stately double front doors, a foyer with double-height ceilings, a fireplace, and oversized Marvin windows, lending an ambience of light and space. Among the elegant architectural details are brilliant wood and stone flooring, custom millwork, and sunken common areas setting a refined tone throughout the estate. The main level is dedicated to two spacious en suite bedrooms, elegant living room, temperature-controlled wine room, open-concept combined dining area and gourmet eat-in kitchen, wet bar, and family room opening to a covered terrace with awe-inspiring harbor vistas. Equipped with new Thermador appliances, the newly constructed kitchen satisfies the most discerning of tastes with a 13 ft. “Bistro”-style island, new quartz countertops, and custom cabinetry. Occupying a separate wing of the home, the primary suite is a lavish retreat warmed by fireplace, with private balcony, walk-in closet, and incredible spa-like bath. Another wing is occupied by a media room, a generously sized library/office overlooking the living room below, and two sumptuous en suite bedrooms each with built-in library-style study areas. Outside, a saltwater pool, spa, built-in BBQ, and al fresco dining areas coalesce into an entertainer’s paradise. Additional highlights include Vantage lighting system, centrally located laundry room, a sweeping, private driveway, set off by manicured lawns and beautiful landscaping, leading to an oversized three-car garage. This is a home that truly offers the ultimate in privacy, both from the outside world as well as between the different living spaces within. Situated only minutes from upscale shopping and dining, the Balboa Peninsula, Lido Village, world class marinas, and beautiful beaches, an extraordinary lifestyle of privilege and convenience awaits.
Last Agent to Sell the Property
Coldwell Banker Realty License #01346878 Listed on: 12/28/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $75,929
Year Built
- Built in 1989
Lot Details
- 8,892 Sq Ft Lot
- Back Yard
Parking
- 3 Car Attached Garage
- Parking Available
- Front Facing Garage
- Two Garage Doors
- Driveway
Property Views
- Ocean
- Harbor
- Catalina
- City Lights
- Park or Greenbelt
- Neighborhood
Home Design
- Split Level Home
- Turnkey
Interior Spaces
- 5,002 Sq Ft Home
- Wet Bar
- Dual Staircase
- Built-In Features
- Bar
- Beamed Ceilings
- High Ceiling
- Skylights
- Recessed Lighting
- Sliding Doors
- Entrance Foyer
- Wine Cellar
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room
- Dining Room
- Home Office
- Laundry Room
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Gas Oven
- Six Burner Stove
- Built-In Range
- Microwave
- Freezer
- Kitchen Island
- Quartz Countertops
- Utility Sink
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Jack-and-Jill Bathroom
- Makeup or Vanity Space
- Dual Sinks
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Multiple Shower Heads
- Separate Shower
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Balcony
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Location
- Suburban Location
Schools
- Newport Heights Elementary School
- Horace Ensign Middle School
- Newport Harbor High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Standard Electricity
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 04910320
- $360 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Newport Heights Subdivision
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 28, 2021
Closed on
Feb 9, 2022
Sold by
Pilalas Troy A and Pilalas Stefanie M
Bought by
Huang George
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$6,995,000
Sold Price
$6,900,000
Premium/Discount to List
-$95,000
-1.36%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,571,423
Avg. Annual Appreciation
6.28%
Original Mortgage
$4,830,000
Outstanding Balance
$4,479,016
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$3,992,407
Purchase Details
Listed on
Dec 28, 2021
Closed on
Feb 8, 2022
Sold by
Huang Clicia Z
Bought by
Huang George
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$6,995,000
Sold Price
$6,900,000
Premium/Discount to List
-$95,000
-1.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,830,000
Outstanding Balance
$4,479,016
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$3,992,407
Purchase Details
Listed on
Feb 7, 2019
Closed on
Jul 9, 2019
Sold by
Davey Timothy M
Bought by
Pilalas Troy A and Sitzer Stefanie M
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Tracy Bowie
Pacific Sotheby's Int'l Realty
List Price
$4,495,000
Sold Price
$3,770,000
Premium/Discount to List
-$725,000
-16.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.40%
Original Mortgage
$2,500,000
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 22, 2016
Sold by
Davey Timothy M
Bought by
Davey Timothy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 7, 1993
Sold by
Davey Timothy M
Bought by
Davey Timothy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
5.12%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Huang George | $6,900,000 | Ticor Title | |
| Huang George | -- | Ticor Title | |
| Pilalas Troy A | $3,770,000 | California Title Company | |
| Davey Timothy M | -- | None Available | |
| Davey Timothy M | -- | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Huang George | $4,830,000 | |
| Previous Owner | Pilalas Troy A | $2,500,000 | |
| Previous Owner | Davey Mr Timothy M | $950,000 | |
| Previous Owner | Davey Timothy M | $275,000 | |
| Previous Owner | Davey Timothy M | $250,000 | |
| Previous Owner | Davey Timothy M | $1,250,000 | |
| Previous Owner | Davey Timothy M | $6,000,000 | |
| Previous Owner | Davey Timothy M | $500,000 | |
| Previous Owner | Davey Timothy M | $800,000 | |
| Previous Owner | Davey Timothy M | $805,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2022 02/25/22 | Sold | $6,900,000 | -1.4% | $1,379 / Sq Ft |
| 01/10/2022 01/10/22 | Pending | -- | -- | -- |
| 12/28/2021 12/28/21 | For Sale | $6,995,000 | +85.5% | $1,398 / Sq Ft |
| 07/29/2019 07/29/19 | Sold | $3,770,000 | -5.4% | $748 / Sq Ft |
| 07/03/2019 07/03/19 | Pending | -- | -- | -- |
| 04/22/2019 04/22/19 | Price Changed | $3,985,000 | -11.3% | $790 / Sq Ft |
| 02/07/2019 02/07/19 | For Sale | $4,495,000 | -- | $892 / 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 | $75,929 | $7,178,760 | $5,618,160 | $1,560,600 |
| 2023 | $74,159 | $7,038,000 | $5,508,000 | $1,530,000 |
| 2022 | $41,232 | $3,885,238 | $2,436,301 | $1,448,937 |
| 2021 | $40,440 | $3,809,057 | $2,388,530 | $1,420,527 |
| 2020 | $40,053 | $3,770,000 | $2,364,038 | $1,405,962 |
| 2019 | $18,606 | $1,742,486 | $536,121 | $1,206,365 |
| 2018 | $18,234 | $1,708,320 | $525,609 | $1,182,711 |
| 2017 | $17,911 | $1,674,824 | $515,303 | $1,159,521 |
| 2016 | $17,507 | $1,641,985 | $505,199 | $1,136,786 |
| 2015 | $17,341 | $1,617,321 | $497,610 | $1,119,711 |
| 2014 | $16,931 | $1,585,640 | $487,862 | $1,097,778 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Smith
-
Hunter Jack
Seller Co-Listing Agent in 2022
Hunter Jack
Coldwell Banker Realty
(949) 230-2836
3 in this area
48 Total Sales
-
Paul Daftarian
Buyer's Agent in 2022
Paul Daftarian
Luxe Real Estate
(714) 865-5969
4 in this area
251 Total Sales
-
Michael Balliet
Buyer Co-Listing Agent in 2022
Michael Balliet
Luxe Real Estate
(949) 484-0387
1 in this area
38 Total Sales
-
John Cain
Seller's Agent in 2019
John Cain
Pacific Sothebys
(714) 655-8940
2 in this area
215 Total Sales
-
Tracy Bowie
Buyer's Agent in 2019
Tracy Bowie
Pacific Sotheby's Int'l Realty
(949) 922-1670
9 in this area
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP21256471
APN: 049-103-20
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