NOT LISTED FOR SALE

Estimated Value: $5,981,000 - $17,147,498

2 Beds
3.5 Baths
4,682 Sq Ft
$2,470/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $12,400,000 $2,648 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $72,838/month

Highlights

  • Marina
  • Ocean View
  • Beach Access
  • Newport Elementary School Rated A
  • Private Dock Site
  • 3-minute walk to Genoa Park

About This Home

As of May 2021

Are you in search of the “uber cool” and “ultimate fun” 12-month unfurnished lease? This Lido Isle bayfront home, on an extraordinarily large 60’ double lot, with a boat dock for two large yachts, and featuring spectacular Newport Harbor views is in move-in ready condition. The 4,600 square foot home with perfect southwestern exposure, features a large living room with a double-sided fireplace, formal dining room, media area with a built-in bar, keg refrigerator, ice machines, and a high-definition television, and a big island kitchen with granite countertops, professional grade stainless steel appliances including a coffee maker, six burner cooktop, double oven, trash compactor, wine refrigerator, Subzero Refrigerator, icemaker, dishwasher and so much more. In addition, the lower level has a large laundry area with two sets of washers and dryers, and a three-car attached garage. The lower level is highlighted by the huge bayfront patio with a built-in entertainment center, sit down countertop bar, BBQ, refrigerator, Jacuzzi and more. The upstairs of the home features a huge bayside master suite with an office or retreat, fireplace, private balcony, stunning bath with a jacuzzi, sauna and walk-in closet, and a big guest suite with a marble bath and vanity. The big dock can accommodate two large boats, one potentially to 70’ and a side-tie. Lido Isle is the ultimate lifestyle community with its private beach club, sailing, tennis courts, parks and activities for all ages. This property is within an easy walk of the new Lido Village with its upscale shops, restaurants, and nightlife.

Last Agent to Rent the Property

Steve High

Pacific Sotheby’s International Realty License #00936421 Listed on: 05/06/2021

Pacific Sotheby’s International Realty

Co-Listed By

Debbie Johnson

Pacific Sotheby's Int'l Realty License #01177685

Last Renter's Agent

Debbie Faremouth

Realty One Group West License #01237579

Realty One Group West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $138,320

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 5,400 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Southwest Facing Home
  • Fenced
  • Stucco Fence
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Property Views

  • Ocean
  • Marina
  • Coastline
  • Bay
  • Catalina
  • City Lights

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Turnkey
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,682 Sq Ft Home
  • 2-Story Property
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Game Room with Fireplace
  • Utility Room
  • Sauna
  • Home Gym
  • Tile Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Double Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Cabinet Doors
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Spa
  • Beach Access
  • Boat Slip
  • Private Dock Site
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Central Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $20,000
  • Rent includes association dues, gardener, trash collection
  • 12-Month Minimum Lease Term
  • Available 5/6/21
  • Tax Lot 908
  • Tax Tract Number 907
  • Assessor Parcel Number 42316604

Community Details

Overview

  • Property has a Home Owners Association
  • Lido Isle Association, Phone Number (949) 673-6710
  • Lido Island Subdivision

Amenities

  • Clubhouse

Recreation

  • Marina
  • Tennis Courts
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$138,320

Year Built

Built in 1948 | Remodeled

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-05-06
  • Credit Check Paid By: Tenant
  • Deposit Security: 20000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Contemporary, Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 42316604
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4682.00 Square Feet
  • Interior Amenities: Granite Counters, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Game Room, Living Room, Master Retreat
  • Levels: Two
  • Main Level Bathrooms: 2
  • Price Per Square Foot: 4.27
  • Room Type: All Bedrooms Up, Exercise Room, Kitchen, Laundry, Living Room, Master Suite, Sauna, Two Masters, Utility Room, Walk-In Closet
  • Spa Features: Private, In Ground
  • Bathroom Features: Granite Counters, Jetted Tub, Remodeled, Stone Counters
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Cabinet Doors

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • Other Structures: Second Garage Attached
  • Exterior Features: Boat Slip, Dock Private
  • View: Bay, Catalina, City Lights, Coastline, Marina, Ocean
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, Double Oven, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Trash Compactor, Water Heater Central, Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Tennis Court(s), Clubhouse
  • Association Name: Lido isle
  • Phone: 949-673-6710
  • Senior Community: No
  • Community Features: Watersports, Sidewalks, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5400.00
  • Lot Size Acres: 0.1240

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 5400.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener, Trash Collection
  • Waterfront Features: Bay Front, Beach Access, Marina in Community

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 908
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Apr 13, 2021
Sold by
Word John M
Bought by
319 Via Soud Llc
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Debbie Faremouth
Realty One Group West
Sold Price
$20,000
Current Estimated Value
$11,564,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,544,249
Avg. Annual Appreciation
-2.59%

Purchase Details

Closed on
May 14, 2020
Sold by
Word Dawn
Bought by
Word John M

Purchase Details

Closed on
May 21, 2002
Sold by
Conrad Gerald L and Conrad Barbara
Bought by
Word John M and Word Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,780,000
Interest Rate
6.12%
Source: Public Records

Range of Values:

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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
319 Via Soud Llc $12,400,000 Lawyers Title
Word John M -- None Available
Word John M -- California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Word John M $3,780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Rented $20,000 0.0% --
05/06/2021 05/06/21 For Rent $20,000 0.0% --
04/26/2021 04/26/21 Sold $12,400,000 -3.9% $2,648 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $12,900,000 -- $2,755 / 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 $138,320 $14,434,841 $12,683,402 $1,751,439
2024 $138,320 $13,108,250 $12,434,708 $673,542
2023 $128,177 $12,190,891 $12,190,891 $0
2022 $133,395 $12,648,000 $11,951,854 $696,146
2021 $77,954 $7,374,544 $6,740,053 $634,491
2020 $77,207 $7,298,928 $6,670,942 $627,986
2019 $75,591 $7,155,812 $6,540,139 $615,673
2018 $74,078 $7,015,502 $6,411,901 $603,601
2017 $72,764 $6,877,944 $6,286,178 $591,766
2016 $71,120 $6,743,083 $6,162,920 $580,163
2015 $70,457 $6,641,796 $6,070,347 $571,449
2014 $68,794 $6,511,693 $5,951,437 $560,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG21096648

California Regional Multiple Listing Service (CRMLS)

APN: 423-166-04