NOT LISTED FOR SALE

Estimated Value: $2,720,000 - $3,033,615

3 Beds
2.5 Baths
1,922 Sq Ft
$1,504/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $2,560,000 $1,332 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $17,948/month

13 Days on Market

Highlights

  • Docks
  • Bluff View
  • Outdoor Cooking Area
  • Newport Elementary School Rated A
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of April 2024

Nestled within the prestigious enclave of Newport Beach, California, lies an extraordinary opportunity awaiting its discerning owner. This exclusive waterfront lot, a rare jewel amidst the coastal landscape, presents an unparalleled canvas upon which to realize the vision of a dream home. Envisioned as a blank slate for architectural ingenuity, this rarely available water lot invites the creation of a bespoke residence that seamlessly blends luxury, innovation, and the quintessential coastal lifestyle. With the freedom to redesign or build according to personal preferences and desires, the possibilities are as limitless as the horizon stretching before it. Whether envisioned as a contemporary masterpiece, a timeless coastal retreat, or a harmonious fusion of both, the opportunity to craft a home tailored to individual tastes is bound only by imagination. Imagine waking each morning to the gentle caress of sea breezes and the sun's golden rays dancing across the water. Picture entertaining guests amidst sweeping vistas from expansive terraces, where outdoor living seamlessly merges with the beauty of the natural surroundings. As the sun sets over the horizon, casting a warm glow upon the tranquil waters below, there is no doubt that this rare waterfront lot in Newport Beach offers an extraordinary opportunity to create a legacy of coastal living at its finest. With its unparalleled location, unparalleled potential, and unparalleled beauty, this is more than just a place to call home—it is a canvas upon which to paint the life of one's dreams. This dream location ideally situated on the water in the highly desired Community of Newport Shores balances beach proximity with a neighborhood community full of amenities that include include a pool, beach volleyball, Clubhouse, tennis and basketball courts, entertaining area and BBQ. The HOA is only $60 per month for all this.

Last Agent to Sell the Property

Stuart Thomas

RE/MAX Select One Brokerage Phone: 714-330-6020 License #01356198 Listed on: 02/14/2024

RE/MAX Select One

Last Buyer's Agent

Nick Skawinski

First Team Real Estate License #01937449

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,646

Year Built

  • Built in 1962

Lot Details

  • 2,822 Sq Ft Lot
  • Level Lot
  • Back Yard

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Bluff
  • Canal

Interior Spaces

  • 1,922 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Washer Hookup

Schools

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

Additional Features

  • Docks
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 4 / 21
  • Tax Tract Number 772
  • Assessor Parcel Number 04507530
  • $380 per year additional tax assessments

Community Details

Overview

  • Newport Shores Community Association, Phone Number (949) 378-6200
  • Newport Shores Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,646

Year Built

Built in 1962

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 714-330-6020
  • Other Phone Description: Cell
  • Other Phone Number: 714-330-6020
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Newport Shores (NEWS)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04507530
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1922.00 Square Feet
  • Stories: 2
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1331.95
  • Room Type: All Bedrooms Up, Family Room, Kitchen

Exterior Features

  • View: Bluff, Canal, Water
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Outdoor Cooking Area, Picnic Area
  • Association Fee: 60.00
  • Association Fee Frequency: Monthly
  • Association Name: Newport Shores Community Association
  • Phone: 949-378-6200
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Newport Shores Community Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level with Street
  • Lot Size Sq Ft: 2822.00
  • Lot Size Acres: 0.0648

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2822.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Includes Dock

Tax Info

  • Tax Block: 21
  • Tax Census Tract: 636.03
  • Tax Lot: 4
  • Tax Tract Number: 772
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Mar 18, 2024
Sold by
George Carroll Gillette Living Trust and Henson Karen
Bought by
Kaminski Family Revocable Living Trust and Kaminski
Seller's Agent
Stuart Thomas
RE/MAX Select One
Buyer's Agent
Nick Skawinski
First Team Real Estate
List Price
$2,900,000
Sold Price
$2,560,000
Premium/Discount to List
-$340,000
-11.72%
Views
27
Current Estimated Value
$2,890,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,654
Avg. Annual Appreciation
12.86%
Original Mortgage
$1,920,000
Outstanding Balance
$1,896,083
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$1,129,019

Purchase Details

Closed on
Aug 31, 2002
Sold by
Gillette George C
Bought by
George Carroll Gillette Living Trust
Source: Public Records

Range of Values:

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Average Value
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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
Kaminski Family Revocable Living Trust $2,560,000 First American Title
George Carroll Gillette Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaminski Family Revocable Livi $366,255
Open Kaminski Family Revocable Living Trust $1,920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $2,560,000 -11.7% $1,332 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $2,900,000 -- $1,509 / 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 $25,646 $2,611,200 $2,470,136 $141,064
2024 $25,646 $2,400,000 $2,267,999 $132,001
2023 $1,719 $134,769 $56,597 $78,172
2022 $1,685 $132,127 $55,487 $76,640
2021 $1,653 $129,537 $54,399 $75,138
2020 $1,636 $128,209 $53,841 $74,368
2019 $1,608 $125,696 $52,786 $72,910
2018 $1,577 $123,232 $51,751 $71,481
2017 $1,550 $120,816 $50,736 $70,080
2016 $1,517 $118,448 $49,742 $68,706
2015 $1,499 $116,669 $48,995 $67,674
2014 $1,464 $114,384 $48,035 $66,349
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24027186

California Regional Multiple Listing Service (CRMLS)

APN: 045-075-30