402 38th St Newport Beach, CA 92663
West Newport Beach Neighborhood
3
Beds
3
Baths
2,629
Sq Ft
3,000
Sq Ft Lot
Highlights
- Property has ocean access
- Docks
- Primary Bedroom Suite
- Newport Elementary School Rated A
- Property Fronts a Bay or Harbor
- 2-minute walk to 38th Street Park
About This Home
As of April 2025Premier waterfront residence with a dock nestled in the exclusive Newport Island community, within the Newport Peninsula. This home epitomizes indoor-outdoor coastal living, featuring a private boat dock accommodating up to two 30-foot vessels, perfect for boating and water enthusiasts. Upon entering, you are greeted by 9-foot high ceilings and crown molding that enhance the spacious feel of the home. The open-concept living area features floor-to-ceiling accordion doors off the living room that seamlessly blend indoor and outdoor spaces, leading to a deck right on the bay. Enjoy cozy evenings with fireplaces in both the living room and the primary bedroom. The chef’s kitchen is a dream, equipped with a six-burner stove, newer refrigerator and dishwasher, elegant granite countertops, with walk-in pantry. Recent upgrades include fresh exterior paint and new windows, ensuring a modern and energy-efficient living experience with the added benefit of solar panels. This 3-bedroom, 3-bathroom home has generous bay views and a luxury retreat atmosphere year-round. The spacious master suite includes a fireplace and custom built-ins, creating a warm and inviting space to unwind. Live in one of Orange County’s most exclusive areas with the convenience of quick access to the beach, boardwalk, Lido Marina Village, with an array of cafes, restaurants and grocery nearby. Experience island living at its finest, welcome to 402 38th St!
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty Brokerage Phone: 949-306-8339 License #01857997 Listed on: 02/20/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $40,692
Year Built
- Built in 2001
Lot Details
- 3,000 Sq Ft Lot
- Property Fronts a Bay or Harbor
- Home fronts a canal
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
- Parking Available
- Two Garage Doors
Property Views
- Bay
- City Lights
- Canal
Home Design
- Cape Cod Architecture
Interior Spaces
- 2,629 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Crown Molding
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Low Emissivity Windows
- Sliding Doors
- Panel Doors
- Family Room Off Kitchen
- Living Room with Fireplace
- Living Room with Attached Deck
- Dining Room
- Laundry Room
Kitchen
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Six Burner Stove
- Gas Cooktop
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- 3 Full Bathrooms
Outdoor Features
- Property has ocean access
- Docks
- Patio
- Exterior Lighting
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Standard Electricity
Community Details
- No Home Owners Association
- Newport Island Subdivision
Listing and Financial Details
- Legal Lot and Block 2 / 437
- Tax Tract Number 164
- Assessor Parcel Number 42307308
- $380 per year additional tax assessments
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2025
Closed on
Mar 6, 2025
Sold by
402 38Th St Llc
Bought by
Rim Properties Llc
Seller's Agent
Nicolai Glazer
Pacific Sotheby's Int'l Realty
Buyer's Agent
Amelie Mason
Pacific Sotheby's Int'l Realty
List Price
$6,500,000
Sold Price
$6,250,000
Premium/Discount to List
-$250,000
-3.85%
Total Days on Market
4
Views
138
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.08%
Purchase Details
Closed on
Apr 11, 2020
Sold by
Ye Mason Foster
Bought by
402 38Th St Llc
Purchase Details
Closed on
Apr 9, 2020
Sold by
Jia Yunping
Bought by
Ye Mason Foster and The Leafport Trust
Purchase Details
Closed on
Jan 16, 2018
Sold by
Ye Qing
Bought by
Ye Qing and Jia Yanping
Purchase Details
Listed on
Aug 7, 2015
Closed on
Aug 18, 2015
Sold by
Hansen Peter A and Hansen Carolyn S
Bought by
Ye Qing
Seller's Agent
Noemi Romero
The Oppenheim Group
Buyer's Agent
Noemi Romero
The Oppenheim Group
List Price
$3,300,000
Sold Price
$3,300,000
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
Closed on
Mar 29, 2006
Sold by
Acierno John S and Acierno Luanne E
Bought by
Hansen Peter A and Hansen Carolyn S
Purchase Details
Closed on
Aug 7, 2003
Sold by
Acierno John S and Acierno Luanne E
Bought by
Acierno John S and Acierno Luanne E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 29, 2000
Sold by
Gonzalez Edward
Bought by
Acierno John S and Acierno Luanne E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
8.2%
Purchase Details
Closed on
Apr 18, 2000
Sold by
Reed Kathryn E Trust
Bought by
Gonzalez Edward
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
10.8%
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 | $6,250,000 | Ticor Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $3,300,000 | First American Title Company | |
| Grant Deed | $3,350,000 | Equity Title | |
| Interfamily Deed Transfer | -- | Southland Title | |
| Grant Deed | $745,000 | Commonwealth Land Title | |
| Grant Deed | $625,000 | Commonwealth Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $700,000 | Credit Line Revolving | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $900,000 | Purchase Money Mortgage | |
| Previous Owner | $900,000 | Unknown | |
| Previous Owner | $800,000 | Unknown | |
| Previous Owner | $800,000 | Unknown | |
| Previous Owner | $300,000 | Credit Line Revolving | |
| Previous Owner | $1,029,450 | Construction | |
| Previous Owner | $596,000 | No Value Available | |
| Previous Owner | $500,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2025 04/17/25 | Sold | $6,250,000 | -3.8% | $2,377 / Sq Ft |
| 02/25/2025 02/25/25 | Pending | -- | -- | -- |
| 02/20/2025 02/20/25 | For Sale | $6,500,000 | 0.0% | $2,472 / Sq Ft |
| 09/08/2022 09/08/22 | Rented | $17,000 | +13.3% | -- |
| 07/25/2022 07/25/22 | Price Changed | $15,000 | -25.0% | $6 / Sq Ft |
| 06/11/2022 06/11/22 | Price Changed | $20,000 | +33.3% | $8 / Sq Ft |
| 06/07/2022 06/07/22 | Price Changed | $15,000 | -57.1% | $6 / Sq Ft |
| 03/04/2022 03/04/22 | For Rent | $35,000 | +133.3% | -- |
| 11/19/2021 11/19/21 | Rented | $15,000 | 0.0% | -- |
| 10/15/2021 10/15/21 | Price Changed | $15,000 | -40.0% | $6 / Sq Ft |
| 06/28/2021 06/28/21 | For Rent | $25,000 | 0.0% | -- |
| 09/23/2015 09/23/15 | Off Market | $3,300,000 | -- | -- |
| 09/21/2015 09/21/15 | Sold | $3,300,000 | 0.0% | $1,255 / Sq Ft |
| 08/07/2015 08/07/15 | For Sale | $3,300,000 | -- | $1,255 / 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 | $40,692 | $3,829,931 | $3,381,819 | $448,112 |
| 2023 | $39,742 | $3,754,835 | $3,315,509 | $439,326 |
| 2022 | $39,086 | $3,681,211 | $3,250,499 | $430,712 |
| 2021 | $38,336 | $3,609,031 | $3,186,764 | $422,267 |
| 2020 | $37,895 | $3,572,025 | $3,154,087 | $417,938 |
| 2019 | $37,104 | $3,501,986 | $3,092,242 | $409,744 |
| 2018 | $36,435 | $3,433,320 | $3,031,610 | $401,710 |
| 2017 | $35,789 | $3,366,000 | $2,972,166 | $393,834 |
| 2016 | $34,983 | $3,300,000 | $2,913,888 | $386,112 |
| 2015 | $30,555 | $2,862,000 | $2,412,000 | $450,000 |
| 2014 | $28,342 | $2,664,000 | $2,214,000 | $450,000 |
Source: Public Records
Agents Affiliated with this Home
-
Nicolai Glazer
Seller's Agent in 2025
Nicolai Glazer
Pacific Sotheby's Int'l Realty
(949) 644-6200
33 in this area
94 Total Sales
-
Amelie Mason
Buyer's Agent in 2025
Amelie Mason
Pacific Sotheby's Int'l Realty
(949) 287-1021
20 in this area
31 Total Sales
-
K
Seller's Agent in 2022
Kathy Clark
Harcourts Blue Water
(949) 283-2833
65 Total Sales
-
Buyer's Agent in 2022
Alexa Grant
Compass
(949) 338-7097
5 Total Sales
-
Vicki Lee
Buyer's Agent in 2021
Vicki Lee
Compass
(949) 466-3224
3 in this area
25 Total Sales
-
Noemi Romero
Seller's Agent in 2015
Noemi Romero
The Oppenheim Group
(714) 330-1064
52 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25036398
APN: 423-073-08
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