38 Linda Isle Newport Beach, CA 92660
Bayside Neighborhood
4
Beds
5.5
Baths
5,421
Sq Ft
5,700
Sq Ft Lot
Highlights
- Marina
- Private Dock Site
- Marina View
- Abraham Lincoln Elementary School Rated A
- Beach Access
- Property Fronts a Bay or Harbor
About This Home
As of April 2025This Linda Isle bayfront “Gold Coast” home is likely the finest view property to come on the market in the last decade. Located four homes from the Southwestern tip of Linda Isle, the property features spectacular unobstructed vistas of Newport Harbor’s main turning basin; from this location you have front row seats to morning crew workouts, all of the harbor’s activities, sailing regattas and breathtaking evening sunsets. This Regency Style home features over 5,400 square feet of living space, stunning paneling and mouldings, nicely proportioned rooms and ceiling heights, six fireplaces, an elevator, a large living room with a fireplace, an elegant bar, family room with a fireplace and bookshelves, a formal dining room and a handsome den. Upstairs there are 4 bedroom suites highlighted by two waterfront masters with fireplaces and big baths. The home has 50’ of waterfront with one of the largest deep water private docks in the harbor and can accommodate a boat up to 81’ and several side-ties. Linda Isle is a private 24-hour guard gated island of 107 waterfront homes and features a private tennis court, beach club, and kids play area. Opportunites abound, you may live in the home as-is, remodel or redevelop the property to create the home of your dreams.
Last Agent to Sell the Property
Pacific Sotheby’s International Realty License #00936421 Listed on: 05/10/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $231,880
Year Built
- Built in 1976
Lot Details
- 5,700 Sq Ft Lot
- Property Fronts a Bay or Harbor
- Home fronts a canal
- Density is over 40 Units/Acre
HOA Fees
- $468 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Available
- Single Garage Door
Property Views
- Marina
- Coastline
- Bay
- Harbor
- Views of a pier
- Panoramic
- City Lights
Home Design
- French Architecture
Interior Spaces
- 5,421 Sq Ft Home
- Elevator
- Formal Entry
- Family Room with Fireplace
- Living Room with Fireplace
- Den
- Library
- Fireplace in Kitchen
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Double Master Bedroom
Outdoor Features
- Beach Access
- Pier
- Boat Slip
- Private Dock Site
Additional Features
- Property is near a clubhouse
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 38
- Tax Tract Number 4003
- Assessor Parcel Number 05046124
Community Details
Recreation
- Marina
Additional Features
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 25, 2023
Sold by
2475 Sch Llc
Bought by
38 Linda Isle Newport Beach Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,500,000
Outstanding Balance
$11,307,344
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$7,505,997
Purchase Details
Closed on
Jan 15, 2019
Sold by
Security Eat 222 Inc
Bought by
2475 Sch Llc
Purchase Details
Listed on
Apr 18, 2018
Closed on
Jul 23, 2018
Sold by
Cooper Court Llc
Bought by
Security Eat 222 Inc
Seller's Agent
Robert Giem
Plus Real Estate
Buyer's Agent
Robert Giem
Plus Real Estate
List Price
$12,850,000
Sold Price
$11,700,000
Premium/Discount to List
-$1,150,000
-8.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Purchase Details
Listed on
Aug 8, 2017
Closed on
Oct 23, 2017
Sold by
Olmans Ii Joseph O and Olmans Annette
Bought by
Cooper Court Llc and The Linda Isle Trust
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Robert Giem
Plus Real Estate
List Price
$11,500,000
Sold Price
$11,000,000
Premium/Discount to List
-$500,000
-4.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$5,000,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
May 10, 2016
Closed on
Jun 10, 2016
Sold by
Harris Lee
Bought by
Oltmans Ii Joseph O and Oltmans Annette
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Roderic Daley
Coldwell Banker Realty
List Price
$10,995,000
Sold Price
$10,480,000
Premium/Discount to List
-$515,000
-4.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$5,764,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 21, 2001
Sold by
Warmington Np Associates Lp
Bought by
Baba Steven W and Baba Linda J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,025
Interest Rate
6.87%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Lawyers Title Company | |
| Grant Deed | -- | Lawyers Title | |
| Grant Deed | $11,700,000 | Lawyers Title | |
| Grant Deed | $11,000,000 | Chicago Title Co | |
| Grant Deed | $10,480,000 | First American Title Company | |
| Grant Deed | $711,500 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $7,000,000 | New Conventional | |
| Open | $11,500,000 | New Conventional | |
| Previous Owner | $10,000,000 | New Conventional | |
| Previous Owner | $8,000,000 | Commercial | |
| Previous Owner | $3,000,000 | Commercial | |
| Previous Owner | $5,000,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $5,764,000 | Purchase Money Mortgage | |
| Previous Owner | $569,025 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | For Sale | $29,000,000 | +7.4% | $5,605 / Sq Ft |
| 04/25/2025 04/25/25 | For Sale | $27,000,000 | -6.9% | $5,218 / Sq Ft |
| 04/22/2025 04/22/25 | Sold | $29,000,000 | +7.4% | $5,605 / Sq Ft |
| 04/18/2025 04/18/25 | Pending | -- | -- | -- |
| 04/17/2025 04/17/25 | Sold | $27,000,000 | +130.8% | $5,218 / Sq Ft |
| 02/24/2025 02/24/25 | Pending | -- | -- | -- |
| 08/21/2018 08/21/18 | Sold | $11,700,000 | -8.9% | $2,158 / Sq Ft |
| 08/19/2018 08/19/18 | Pending | -- | -- | -- |
| 04/18/2018 04/18/18 | For Sale | $12,850,000 | +16.8% | $2,370 / Sq Ft |
| 10/30/2017 10/30/17 | Sold | $11,000,000 | -4.3% | $2,029 / Sq Ft |
| 08/08/2017 08/08/17 | For Sale | $11,500,000 | +9.7% | $2,121 / Sq Ft |
| 07/19/2016 07/19/16 | Sold | $10,480,000 | -4.7% | $1,933 / Sq Ft |
| 06/08/2016 06/08/16 | Pending | -- | -- | -- |
| 05/10/2016 05/10/16 | For Sale | $10,995,000 | -- | $2,028 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $231,880 | $22,000,000 | $20,047,652 | $1,952,348 |
| 2023 | $140,304 | $13,347,736 | $11,596,871 | $1,750,865 |
| 2022 | $138,002 | $13,086,016 | $11,369,481 | $1,716,535 |
| 2021 | $135,346 | $12,829,428 | $11,146,550 | $1,682,878 |
| 2020 | $122,974 | $11,645,934 | $11,032,256 | $613,678 |
| 2019 | $123,365 | $11,700,000 | $10,815,938 | $884,062 |
| 2018 | $115,948 | $11,000,000 | $10,188,814 | $811,186 |
| 2017 | $110,688 | $10,480,000 | $9,669,480 | $810,520 |
| 2016 | $54,376 | $5,147,799 | $4,348,639 | $799,160 |
| 2015 | $53,869 | $5,070,475 | $4,283,319 | $787,156 |
| 2014 | $52,524 | $4,971,152 | $4,199,415 | $771,737 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Giem
R
Seller's Agent in 2025
Robert Giem
Plus Real Estate
(949) 933-7046
3 in this area
57 Total Sales
-
Garrett Weston
Buyer's Agent in 2025
Garrett Weston
Coldwell Banker Realty
(714) 425-6904
3 in this area
128 Total Sales
-
Garrett Rau
Buyer Co-Listing Agent in 2025
Garrett Rau
Plus Real Estate
(949) 554-1200
1 in this area
21 Total Sales
-
Steve High
Seller's Agent in 2017
Steve High
Pacific Sotheby’s International Realty
(949) 874-4724
3 in this area
72 Total Sales
-
Evan Corkett
Seller Co-Listing Agent in 2017
Evan Corkett
Pacific Sotheby's Int'l Realty
(949) 285-1055
2 in this area
49 Total Sales
-
Roderic Daley
R
Buyer's Agent in 2016
Roderic Daley
Coldwell Banker Realty
(949) 395-1091
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG16100213
APN: 050-461-24
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