Seller's Agent in 2023
Annie Clougherty
Compass
(949) 375-3037
7 in this area
229 Total Sales
3904 Channel Place Newport Beach, CA 92663
West Newport Beach NeighborhoodEstimated Value: $6,408,000 - $9,022,000
3
Beds
4.5
Baths
2,940
Sq Ft
$2,757/Sq Ft
Est. Value
Highlights
- Private Dock Site
- Home fronts a seawall
- Rooftop Deck
- Newport Elementary School Rated A
- Roof Top Spa
- 4-minute walk to 38th Street Park
About This Home
As of May 2023The only Newer Construction, Single Family Residence on the Waterfront with a private dock in Newport Beach listed under $9 million. This is the waterfront home for the discerning buyer looking for the utmost craftsmanship in building standards. Located on Newport Island, 3904 Channel is the perfect culmination of design, function, and location. Completed in 2020 and minimally lived in as a second home, this home is built by premium builder Patterson Custom Homes, designed by highly sought-after Brandon Architects, and with interior designs from Denise Morrison. A home of this caliber rarely comes to market and never at this price point. The combined trio of talents has resulted in the most beautiful home with only the highest quality finishes and no expense spared. This all-en-suite 3 bed, 4.5 bath, three-level home, equipped with an elevator to all floors, has an open concept main floor living with floor-to-ceiling windows overlooking your waterfront bay views. Enter your generous outdoor space with a built-in barbecue, outdoor dining seating, and a new sea wall to accommodate your private dock fitting an approximate 35' boat vessel. In addition, you will enjoy two rooftop outdoor living spaces (not included in the square footage, one which is covered) on the third floor, accessible via elevator or an elegantly designed wood-slatted millwork staircase. Overlooking the bay with water and city views, the rooftop includes a wet bar, a fridge, custom cabinetry, a tile backsplash, seating, and a fire pit. Want to take a soak in the hot tub? Enjoy a rooftop jacuzzi overlooking the Peninsula with a chaise lounge seating area for relaxing. Built to the highest standards and master craftsmanship, the home automation system includes Control4 System, video surveillance, and Vantage Lightning System. Minutes from the beach and famed Lido Village, the location of 3904 Channel makes it easily accessible via bike or walking to all your favorite restaurants and shopping. The sellers recently renewed a one-year Platinum Level Custom Home Care package, which ensures the homeowner routine maintenance on your custom home. The home was also featured in the 2021 Newport Harbor Home Tour and is available fully furnished.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $91,620
Year Built
- Built in 2020
Lot Details
- 3,616 Sq Ft Lot
- Home fronts a seawall
- Home fronts navigable water
- Property Fronts a Bay or Harbor
- Glass Fence
- Block Wall Fence
- Stucco Fence
- Level Lot
Parking
- 2 Car Direct Access Garage
- Parking Available
Property Views
- Harbor
- Bridge
- City Lights
Home Design
- Custom Home
- Contemporary Architecture
- Turnkey
- Brick Exterior Construction
- Slab Foundation
- Interior Block Wall
- Metal Roof
- Wood Siding
- Plaster
- Stucco
Interior Spaces
- 2,940 Sq Ft Home
- Elevator
- Open Floorplan
- Wet Bar
- Furnished
- Wired For Sound
- Wired For Data
- Built-In Features
- Beamed Ceilings
- High Ceiling
- Recessed Lighting
- Custom Window Coverings
- Sliding Doors
- Entrance Foyer
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Living Room
- Home Office
- Loft
- Bonus Room
- Storage
- Utility Room
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Double Oven
- Gas Oven
- Built-In Range
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Self-Closing Drawers and Cabinet Doors
- Utility Sink
- Disposal
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Bathtub
- Separate Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
Home Security
- Alarm System
- Smart Home
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Pool
- Roof Top Spa
- Cabana
Outdoor Features
- Private Dock Site
- Ocean Side of Highway 1
- Balcony
- Rooftop Deck
- Patio
- Fire Pit
- Exterior Lighting
- Outdoor Grill
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Two cooling system units
- Forced Air Heating and Cooling System
- Tankless Water Heater
Community Details
- No Home Owners Association
- Built by Patterson Custom Homes
- Newport Island Subdivision
Listing and Financial Details
- Legal Lot and Block 3 / 539
- Tax Tract Number 635
- Assessor Parcel Number 42306112
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2023
Closed on
Apr 21, 2023
Sold by
Fletcher Family Revocable Trust
Bought by
Moore Keith and Moore Roberta
Seller's Agent
Annie Clougherty
Compass
Buyer's Agent
Brian Doubleday
Doubleday Group
List Price
$9,495,000
Sold Price
$8,500,000
Premium/Discount to List
-$995,000
-10.48%
Views
197
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$394,995
Avg. Annual Appreciation
-1.62%
Original Mortgage
$4,500,000
Outstanding Balance
$4,413,660
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$3,765,695
Purchase Details
Listed on
Apr 16, 2019
Closed on
Aug 24, 2020
Sold by
3900 Channel Place 3 Llc
Bought by
Fletcher Michael and Fletcher Ruth Reinhard
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Annie Clougherty
Compass
List Price
$6,299,000
Sold Price
$5,825,000
Premium/Discount to List
-$474,000
-7.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.04%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moore Keith | $8,500,000 | Lawyers Title | |
| Fletcher Michael | $5,825,000 | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moore Keith | $2,280,000 | |
| Open | Moore Keith | $4,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2023 05/05/23 | Sold | $8,500,000 | -5.5% | $2,891 / Sq Ft |
| 03/14/2023 03/14/23 | Price Changed | $8,995,000 | -5.3% | $3,060 / Sq Ft |
| 01/14/2023 01/14/23 | For Sale | $9,495,000 | +63.0% | $3,230 / Sq Ft |
| 10/21/2020 10/21/20 | Sold | $5,825,000 | -2.8% | $2,163 / Sq Ft |
| 10/13/2020 10/13/20 | Price Changed | $5,995,000 | 0.0% | $2,226 / Sq Ft |
| 08/19/2020 08/19/20 | Pending | -- | -- | -- |
| 03/12/2020 03/12/20 | Price Changed | $5,995,000 | -4.8% | $2,226 / Sq Ft |
| 04/16/2019 04/16/19 | For Sale | $6,299,000 | -- | $2,339 / 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 |
|---|---|---|---|---|
| 2025 | $91,620 | $8,843,400 | $7,162,957 | $1,680,443 |
| 2024 | $91,620 | $8,670,000 | $7,022,506 | $1,647,494 |
| 2023 | $63,911 | $6,060,330 | $4,639,734 | $1,420,596 |
| 2022 | $62,859 | $5,941,500 | $4,548,758 | $1,392,742 |
| 2021 | $61,651 | $5,825,000 | $4,459,566 | $1,365,434 |
| 2020 | $22,453 | $2,098,415 | $1,731,043 | $367,372 |
| 2019 | $17,858 | $1,697,101 | $1,697,101 | $367,372 |
Source: Public Records
Agents Affiliated with this Home
-
Annie Clougherty
-
Neda DeSigio
Seller Co-Listing Agent in 2023
Neda DeSigio
Compass
(949) 438-4340
2 in this area
21 Total Sales
-
Brian Doubleday
Buyer's Agent in 2023
Brian Doubleday
Doubleday Group
(949) 378-6402
1 in this area
125 Total Sales
-
Tim Smith
Seller's Agent in 2020
Tim Smith
Coldwell Banker Realty
(949) 717-4711
22 in this area
699 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP22259539
APN: 423-061-12
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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