$4,195,000
UNDER CONTRACT $100K PRICE DROP

Estimated payment $25,352/month

Total Views 3,989
4 Beds
2.5 Baths
2,584 Sq Ft
$1,623 Price per Sq Ft

Highlights

  • Ocean View
  • Lap Pool
  • Gated Community
  • Newport Coast Elementary School Rated A
  • Primary Bedroom Suite
  • 3-minute walk to Coastal Canyon Park

About This Home

Perched on a premier view lot within the gated enclave of Tesoro, this Tuscan-inspired residence captures panoramic views of the Pacific Ocean, Catalina Island and vibrant coastal sunsets. Enjoy an ever-changing tableau of blue water, rolling hills, and golden skies—offering an ambiance of refined coastal living. Thoughtfully remodeled throughout, the home features a desirable 4-bedroom layout designed for both everyday comfort and stylish entertaining. At its heart lies a chef’s kitchen, appointed with custom cabinetry, Calacatta quartz countertops with full height backsplash, and a full suite of premium built-in refrigeration—including a full-size refrigerator, matching freezer, and integrated wine column.
The open-concept floor plan effortlessly transitions to a resort-inspired backyard, complete with a covered outdoor kitchen and bar, oversized television, stone fireplace, and multiple areas for lounging and dining—perfect for casual gatherings or elevated entertaining. Fireplaces grace both the interior and exterior spaces, creating warmth and ambiance throughout. The primary suite is a true sanctuary, showcasing dual custom walk-in closets and a spa-like bath with a walk-in shower, deep soaking tub, dual vanities, and designer tile flooring. Additional features include rich stone flooring, detailed moldings, and sun-drenched living spaces that blend warmth with sophistication.
Ideally situated near top-ranked schools, toll roads, parks, shopping, and resort-style community amenities—including direct private access to Newport Coast Elementary—this exceptional home offers the perfect blend of luxury, location, and lifestyle.

Listing Agent

Marlene Reed

Coastal Dwellings Brokerage Phone: 949-463-4880 License #01901840 Listed on: 06/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,250

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 4,049 Sq Ft Lot
  • Glass Fence
  • Stucco Fence
  • Sprinkler System
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,584 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Security System

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • Lap Pool
  • In Ground Pool
  • Above Ground Pool
  • Spa

Outdoor Features

  • Stone Porch or Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

  • Newport Coast Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 15646
  • Assessor Parcel Number 47811108
  • $904 per year additional tax assessments

Community Details

Overview

  • Tesoro Association, Phone Number (949) 672-9076
  • Newport Coast Home Owners Association
  • Sea Breeze HOA
  • Tesoro Villas Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,250

Year Built

Built in 1999 | Remodeled

Lot Details

0

HOA Fees

$518 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community, Security System
  • Subdivision Name Other: Tesoro Villas (TEVS)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47811108
  • Year Built: 1999
  • Special Features: UnderContract

Interior Features

  • Fireplace: Yes
  • Living Area: 2584.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Quartz Counters, Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Outside
  • Levels: Two
  • Price Per Square Foot: 1623.45
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Primary Suite
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Primary Bath, Remodeled, Soaking Tub, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting
  • View: Catalina, City Lights, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Glass, Stucco Wall
  • Patio And Porch Features: Patio, Stone
  • Pool Features: Association, Community, Above Ground, In Ground, Lap
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Range, Gas Cooktop, Microwave
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Newport Coast Home Owners
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Tennis Court(s), Clubhouse, Meeting Room
  • Association Fee: 380.00
  • Association #2 Fee: 138.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Tesoro
  • Phone: (949) 672-9076
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights
  • Association Management: Sea Breeze

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Coast
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Newport Coast
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: NEWCOA
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 0-1 Unit/Acre, Sprinkler System
  • Lot Size Sq Ft: 4049.00
  • Lot Size Acres: 0.0930

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4049.0000 Square Feet
  • Number Of Units In Community: 76
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 2
  • Tax Tract Number: 15646
  • TaxOtherAnnualAssessmentAmount: 904.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $24,250 $2,263,140 $1,867,271 $395,869
2024 $24,250 $2,218,765 $1,830,658 $388,107
2023 $23,763 $2,175,260 $1,794,762 $380,498
2022 $23,366 $2,132,608 $1,759,570 $373,038
2021 $22,438 $2,090,793 $1,725,069 $365,724
2020 $22,766 $2,069,355 $1,707,381 $361,974
2019 $22,443 $2,028,780 $1,673,903 $354,877
2018 $22,003 $1,989,000 $1,641,081 $347,919
2017 $22,328 $1,950,000 $1,608,902 $341,098
2016 $22,766 $1,847,755 $1,489,908 $357,847
2015 $24,657 $2,008,000 $1,647,948 $360,052
2014 $20,358 $1,622,076 $1,262,024 $360,052
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 For Sale $4,195,000 0.0% $1,623 / Sq Ft
08/08/2025 08/08/25 Off Market $4,195,000 -- --
07/16/2025 07/16/25 Price Changed $4,195,000 -2.3% $1,623 / Sq Ft
06/30/2025 06/30/25 For Sale $4,295,000 0.0% $1,662 / Sq Ft
10/08/2020 10/08/20 Rented $7,995 0.0% --
10/01/2020 10/01/20 For Rent $7,995 0.0% --
09/27/2020 09/27/20 Off Market $7,995 -- --
09/10/2020 09/10/20 For Rent $7,995 +9.5% --
08/16/2019 08/16/19 Rented $7,300 -2.7% --
07/26/2019 07/26/19 Price Changed $7,500 -6.3% $3 / Sq Ft
07/02/2019 07/02/19 For Rent $8,000 +6.7% --
09/11/2017 09/11/17 Rented $7,500 0.0% --
08/29/2017 08/29/17 For Rent $7,500 +15.4% --
06/10/2015 06/10/15 Rented $6,500 0.0% --
06/10/2015 06/10/15 For Rent $6,500 0.0% --
04/09/2015 04/09/15 Sold $1,820,000 -1.6% $704 / Sq Ft
03/12/2015 03/12/15 Pending -- -- --
02/24/2015 02/24/15 Price Changed $1,850,000 -2.0% $716 / Sq Ft
02/09/2015 02/09/15 For Sale $1,888,000 0.0% $731 / Sq Ft
02/08/2015 02/08/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $1,888,000 +3.7% $731 / Sq Ft
01/19/2015 01/19/15 Off Market $1,820,000 -- --
11/26/2014 11/26/14 For Sale $1,888,000 -- $731 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,950,000 Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $1,820,000 Equity Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Co
Grant Deed $1,840,000 North American Title Company
Interfamily Deed Transfer -- American Title Co
Grant Deed $758,000 First American Title Ins Co
Grant Deed $600,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Open $475,000 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $1,472,000 Purchase Money Mortgage
Previous Owner $775,000 Unknown
Previous Owner $557,000 No Value Available
Previous Owner $130,900 Credit Line Revolving
Previous Owner $568,492 No Value Available
Closed $37,899 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25143338

California Regional Multiple Listing Service (CRMLS)

APN: 478-111-08