NOT LISTED FOR SALE

Estimated Value: $3,537,000 - $4,551,000

5 Beds
4 Baths
2,674 Sq Ft
$1,575/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $2,800,000 $1,047 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $26,472/month

6 Days on Market

Highlights

  • Boat Dock
  • Beach Access
  • Primary Bedroom Suite
  • Abraham Lincoln Elementary School Rated A
  • Bay View
  • Wood Flooring

About This Home

As of August 2022

Welcome to Beacon Bay, one of Newport Beach’s most desirable bayfront communities. This five-bedroom main home offers gracious, lovely sized rooms, view of the harbor and a wonderful interior patio with large pergola. Additionally, there is a detached studio which is a legal rental. Centrally located, the home is in a perfect location on the wide grass estrada. The wonderful community of Beacon Bay, founded in 1927, offers sprawling beaches, docks and boat slips, grass estradas, tennis court, pickleball courts, kids play park and direct access to the Balboa Yacht Basin marina and the infamous Eddie’s Gallery diner. With its unique design, there is no place quite like Beacon Bay in Newport Beach with large lots near the water and open space with mature trees, parks, and grass areas. All property in Beacon Bay is subject to a 50-year land lease with the City of Newport Beach. There is no land buyout available. The annual lease payment is 2.5% of the purchase price with annual CPI adjustments. Call listing agent for more details. Beacon Bay offers a casual atmosphere, community events and a neighborhood camaraderie that is second to none. Come enjoy relaxed, comfortable living at the beach in magical Beacon Bay.

Last Agent to Sell the Property

Anne Hoover

Surterre Properties Inc. License #01073709 Listed on: 07/28/2022

Surterre Properties Inc.

Last Buyer's Agent

Pallie Jones

Arbor Real Estate License #01918002

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,584

Year Built

  • Built in 1947

Lot Details

  • 4,387 Sq Ft Lot
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Garden
  • Back Yard
  • Land Lease
  • Property is zoned R2

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Planned Development

Interior Spaces

  • 2,674 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Recessed Lighting
  • Plantation Shutters
  • Drapes & Rods
  • French Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Beach Access
  • Patio
  • Exterior Lighting

Schools

  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Central Heating
  • Natural Gas Connected
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 32 / 98888
  • Assessor Parcel Number 98888024
  • $501 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • Beacon Bay Community Association, Phone Number (949) 215-8485
  • Boyd Management HOA
  • Beacon Bay Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,584

Year Built

Built in 1947

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Subdivision Name Other: Beacon Bay (BEAC)
  • View: Yes
  • Zoning: R2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 98888024
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2674.00 Square Feet
  • Interior Amenities: Built-in Features, Granite Counters, Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1047.12
  • Room Type: Entry, Foyer, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Window Features: Drapes, Plantation Shutters
  • Bathroom Features: Shower, Shower In Tub, Granite Counters, Remodeled
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • Exterior Features: Satellite Dish
  • View: Bay
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Playground, Dock, Pier, Tennis Court(s), Maintenance Grounds, Maintenance Front Yard
  • Association Fee: 3300.00
  • Association Fee Frequency: Annually
  • Association Name: Beacon Bay Community Association
  • Phone: 949.215.8485
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Park, Sidewalks, Storm Drains, Street Lights
  • Association Management: Boyd Management

Schools

  • School District: Newport Mesa Unified
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Land Lease Amount Frequency: Monthly
  • Land Lease Purchase: No
  • Lot Features: Back Yard, Garden, Landscaped, Rectangular Lot, Level
  • Lot Size Sq Ft: 4387.00
  • Lot Size Acres: 0.1007

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4387.0000 Square Feet
  • Number Of Units In Community: 72
  • Number Of Units Total: 2
  • Waterfront Features: Beach Access

Tax Info

  • Tax Block: 98888
  • Tax Census Tract: 630.05
  • Tax Lot: 32
  • TaxOtherAnnualAssessmentAmount: 501.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walot Irwin $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $2,800,000 0.0% $1,047 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $2,800,000 0.0% $1,047 / Sq Ft
02/13/2013 02/13/13 Rented $1,375 0.0% --
02/13/2013 02/13/13 Under Contract -- -- --
02/01/2013 02/01/13 For Rent $1,375 -- --
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 $39,584 $4,045,475 $3,610,548 $434,927
2024 $39,584 $3,685,797 $3,539,753 $146,044
2023 $38,399 $3,613,043 $3,469,881 $143,162
2022 $4,871 $421,900 $341,819 $80,081
2021 $4,780 $413,628 $335,117 $78,511
2020 $4,732 $409,387 $331,681 $77,706
2019 $4,642 $401,360 $325,177 $76,183
2018 $4,551 $393,491 $318,801 $74,690
2017 $4,472 $385,776 $312,550 $73,226
2016 $4,374 $378,212 $306,421 $71,791
2015 $5,551 $372,530 $301,817 $70,713
2014 $5,766 $365,233 $295,905 $69,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22163624

California Regional Multiple Listing Service (CRMLS)

APN: 988-880-24