NOT LISTED FOR SALE

Estimated Value: $3,113,000 - $4,373,000

3 Beds
4 Baths
1,861 Sq Ft
$2,081/Sq Ft Est. Value

Last Sold February 13, 2024

Last sale price $3,830,000 $2,058 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $22,877/month

143 Days on Market

Highlights

  • New Construction
  • Spa
  • Rooftop Deck
  • Newport Elementary School Rated A
  • Fishing
  • 1-minute walk to 38th Street Park

About This Home

As of February 2024

If a newly constructed, coastal chic surf pad has been on your bucket list look no further than 3702 Park Lane, on the Balboa Peninsula. Located on a hidden gem block facing the 38th St. Park, this locals' favorite location is just a block from the sand and one house from the picturesque Rivo Alto Canal. With a splendid, sun-filled exposure the welcoming open floor plan features bespoke finishes throughout - from custom hardware to lighting to built-ins the devil is in the detail, and this home checks all the boxes. Designed for a relaxed coastal lifestyle the great room and designer island kitchen open to a spacious front patio that enjoys front row views onto the park. With a cozy dining nook, mud room, walk-in pantry, and artisan kitchen, entertaining an abundance of family and friends is a breeze. Upstairs, relax, unwind and take in the park views from the calming primary suite, enhanced by a private terrace, walk-in closet and beautifully appointed spa bath with double vanity, walk-in shower and soaking tub. Two additional guest room suites complete the second level. On the roof top the party really gets started! Enjoy the park views and have dinner al fresco, then take a soak at sunset in your private spa with water views, or cozy-up with a book in the bonus room/ lounge. Located in the heart of the Peninsula with easy walking or biking access to myriad shops, restaurants, entertainments venues, and Southern California’s best beaches this cheerful coastal abode is a must see.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 09/02/2023

Coldwell Banker Realty

Last Buyer's Agent

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 09/02/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,812

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1,750 Sq Ft Lot
  • Fenced
  • New Fence
  • Landscaped

Parking

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

Property Views

  • Bay
  • City Lights
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 1,861 Sq Ft Home
  • 3-Story Property
  • Wired For Sound
  • Built-In Features
  • Recessed Lighting
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bonus Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Spa
  • Ocean Side of Highway 1
  • Balcony
  • Rooftop Deck
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater

Additional Features

  • Solar Power System
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 2 / 137
  • Tax Tract Number 670
  • Assessor Parcel Number 42336106
  • $369 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • West Newport Beach Subdivision

Recreation

  • Fishing
  • Park
  • Dog Park
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,812

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42336106
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 1861.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Recessed Lighting, Stone Counters, Wired for Sound
  • Stories: 3
  • Entry Location: first floor
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2058.03
  • Room Type: All Bedrooms Up, Bonus Room, Great Room, Kitchen, Primary Suite, Walk-In Closet
  • Spa Features: Private
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Primary Bath, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: Bay, City Lights, Neighborhood, Water
  • Fence: Yes
  • Fencing: New Condition
  • Patio And Porch Features: Covered, Patio, Patio Open, Front Porch, Roof Top
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear, Garage - Single Door, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Freezer, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Water Heater
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Inside, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park, Fishing, Park, Watersports, Sidewalks, Storm Drains, Street Lights, Urban

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 1750.00
  • Lot Size Acres: 0.0402

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1750.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Block: 137
  • Tax Census Tract: 635.00
  • Tax Lot: 2
  • Tax Tract Number: 670
  • TaxOtherAnnualAssessmentAmount: 369.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2023
Closed on
Feb 1, 2024
Sold by
Golden Opportunity No 17 Lp
Bought by
Bonn Irrevocable Trust and Bonn
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$3,995,000
Sold Price
$3,830,000
Premium/Discount to List
-$165,000
-4.13%
Views
159
Current Estimated Value
$3,872,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,536
Avg. Annual Appreciation
0.67%

Purchase Details

Listed on
Mar 2, 2021
Closed on
Mar 24, 2021
Sold by
Stone Joel R
Bought by
Golden Opportunity No 17 Lp
Seller's Agent
Matt Spade
Surterre Properties Inc.
Buyer's Agent
Sina Oveissi
Pointe Real Estate Inc.
List Price
$1,500,000
Sold Price
$1,355,000
Premium/Discount to List
-$145,000
-9.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.81%

Purchase Details

Closed on
Jul 13, 2015
Sold by
Stone Joel R and Stone Iren E
Bought by
Stone Joel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2015
Sold by
Stone James A and Stone Patricia R
Bought by
Stone Joel Richard
Source: Public Records

Range of Values:

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List Price
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
Bonn Irrevocable Trust $3,830,000 Orange Coast Title
Golden Opportunity No 17 Lp $1,355,000 Fidelity Natl Ttl Co Long Be
Stone Joel R -- Wfg National Title Co Of Ca
Stone Joel Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stone Joel R $100,000
Previous Owner Stone Joel R $532,000
Previous Owner Stone Joel Richard $60,000
Previous Owner Stone Joel Richard $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2024 02/13/24 Sold $3,830,000 -4.1% $2,058 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
09/04/2023 09/04/23 For Sale $3,995,000 +4.3% $2,147 / Sq Ft
09/02/2023 09/02/23 Off Market $3,830,000 -- --
09/02/2023 09/02/23 For Sale $3,995,000 0.0% $2,147 / Sq Ft
06/15/2021 06/15/21 Rented $3,750 0.0% --
06/11/2021 06/11/21 For Rent $3,750 0.0% --
04/06/2021 04/06/21 Sold $1,355,000 -9.7% $1,441 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $1,500,000 -- $1,596 / 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 $21,812 $3,906,600 $3,198,835 $707,765
2024 $21,812 $2,035,614 $1,441,689 $593,925
2023 $19,364 $1,810,910 $1,413,421 $397,489
2022 $14,943 $1,385,707 $1,385,707 $0
2021 $5,263 $465,594 $449,131 $16,463
2020 $5,212 $460,820 $444,525 $16,295
2019 $5,110 $451,785 $435,809 $15,976
2018 $5,010 $442,927 $427,264 $15,663
2017 $4,923 $434,243 $418,887 $15,356
2016 $4,816 $425,729 $410,674 $15,055
2015 $4,694 $419,335 $404,506 $14,829
2014 $4,583 $411,121 $396,582 $14,539
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23151262

California Regional Multiple Listing Service (CRMLS)

APN: 423-361-06