$12,400,000
SOLD APR 26, 2021
2 Beds
3.5 Baths
4,682 Sq Ft
5,400 Sq Ft Lot

Recently Sold

$2,648 Per Sq Ft

4% Below List Price

17 Days on Market

Highlights

  • Property has ocean access
  • Private Dock Site
  • Parking available for a boat
  • Newport Elementary School Rated A
  • Home fronts a seawall
  • 3-minute walk to Genoa Park

About This Home

As of April 2021

Situated on 60 feet of waterfront on the famous Lido Isle in Newport Beach this home will accommodate an approximately 65' vessel and 75' side tie to fit two large boats. Measuring 4,685 square feet with approximately 60 ft. of bay frontage, this home offers stunning panoramic views. The open, flowing floorplan is ideal for entertaining and is equipped with a private jacuzzi, large outdoor TV, built in BBQ and bar, kegerator and ice maker. Currently setup as a 2 bedroom plus an office with an optional 3rd bedroom the home boasts a chef's kitchen with premium appliances including a built-in coffee station, wok, Sub-Zero refrigerator/freezer system and wine storage. Multiple French doors open to the back patio and stunning waterfront views. The second level includes the bedrooms, an expansive master retreat with a panoramic view of the harbor, a spa-bath with sauna, jetted tub and oversize shower. Located walking distance of Lido village, beach, shopping and eateries. The community HOA includes tennis courts, private beach, BBQ and more. This extraordinary Lido Isle estate is ideal for the most discerning client.

Last Agent to Sell the Property

Sean Stanfield

Pacific Sotheby's Int'l Realty License #01024996 Listed on: 03/18/2021

Pacific Sotheby's Int'l Realty

Co-Listed By

Ryan Tarr

Pacific Sotheby's Int'l Realty License #01960027

Last Buyer's Agent

Steve High

Pacific Sotheby's Int'l Realty License #00936421

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $138,320

Year Built

  • Built in 2008

Lot Details

  • 5,400 Sq Ft Lot
  • Home fronts a seawall
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Density is up to 1 Unit/Acre

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Parking available for a boat

Property Views

  • Back Bay
  • Harbor
  • Panoramic
  • City Lights

Interior Spaces

  • 4,682 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Bar
  • Crown Molding
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Dining Room
  • Storage
  • Laundry Room
  • Sauna
  • Home Security System

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Self-Closing Drawers and Cabinet Doors
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Accessible Home Design

  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • In Ground Spa
  • Property has ocean access
  • Beach Access
  • Boat Slip
  • Private Dock Site
  • Docks
  • Ocean Side of Highway 1
  • Balcony
  • Open Patio
  • Terrace
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 908
  • Tax Tract Number 907
  • Assessor Parcel Number 42316604

Community Details

Overview

  • Lido Isle Homeowners Association, Phone Number (949) 673-6170
  • Lido Island Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities

Recreation

  • Boat Dock
  • Tennis Courts
  • Sport Court
  • Community Playground
  • Park
  • Water Sports
  • Bike Trail

Security

  • 24-Hour Security
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$138,320

Year Built

Built in 2008

Lot Details

0

HOA Fees

$100 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Security System
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42316604
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4682.00 Square Feet
  • Interior Amenities: Balcony, Bar, Crown Molding, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Storage, Unfurnished, Wet Bar, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Master Retreat
  • Levels: Two
  • Main Level Bathrooms: 2
  • Price Per Square Foot: 2648.44
  • Room Type: All Bedrooms Up, Entry, Family Room, Kitchen, Laundry, Living Room, Master Suite, Sauna, Walk-In Closet
  • Spa Features: Private, In Ground
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Bathtub, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Jetted Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Exterior Features: Barbecue Private, Boat Slip, Dock Private, Lighting
  • View: Back Bay, Bay, City Lights, Harbor, Panoramic, Water
  • Patio And Porch Features: Deck, Patio, Patio Open, Terrace
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Boat, Garage, Garage Faces Front
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, Freezer, Disposal, Gas Range, Gas Cooktop, Ice Maker, Refrigerator, Trash Compactor, Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Picnic Area, Playground, Dock, Tennis Court(s), Sport Court, Clubhouse, Banquet Facilities, Management
  • Association Fee: 1200.00
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle Homeowners Association
  • Phone: 949-673-6170
  • Senior Community: No
  • Community Features: Biking, Gutters, Park, Watersports, Sidewalks, Storm Drains, Street Lights
  • Association Management: Lido Isle Homeowners Association

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5400.00
  • Lot Size Acres: 0.1240
  • Latitude Manual: 33.61366300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5400.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Access, Includes Dock, Navigable Water, Ocean Access, Ocean Side Of Highway 1, Seawall

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
$11,797,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,777,881
Avg. Annual Appreciation
-2.69%

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

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Range of Values:

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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 $12,400,000 Lawyers Title
Divorce Dissolution Of Marriage Transfer -- None Available
Interfamily Deed Transfer -- California Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,780,000 Unknown
Previous Owner $3,780,000 No Value Available
Previous Owner $2,635,000 Unknown
Previous Owner $2,665,000 Unknown
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
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: OC21052689

California Regional Multiple Listing Service (CRMLS)

APN: 423-166-04