506 Harbor Island Dr Newport Beach, CA 92660
Bayside Neighborhood
3
Beds
5
Baths
3,523
Sq Ft
5,000
Sq Ft Lot
Highlights
- Private Dock Site
- Property Fronts a Bay or Harbor
- Fishing
- Abraham Lincoln Elementary School Rated A
- Boat Slip
- Ocean Side of Highway 1
About This Home
As of June 2024This stunning soft contemporary bay front home boasts one of the best view and bay locations on Promontory Bay in Newport Harbor. Promontory Bay is a sought after bay & beach community in a central Newport Beach location within close proximity to fine dining, Bayside shopping center, Balboa Island and renowned Fashion Island shopping and Newport Center. This architectural gem boasts soaring ceilings, single lite French doors and clerestory windows creating an indoor / outdoor ambiance and an abundance of natural light throughout the home. Approximately 3523 square feet of living area includes a bay front living area with wet bar and great room, formal dining, breakfast room, gourmet kitchen with island, interior laundry room, 3 bedrooms total all ensuite, a primary retreat and an at home office. The generous 5000 square foot lot offers a welcoming courtyard entry as well as a fabulous bay fronting stone terrace complete with a built in stainless barbecue and a near new private dock for large yacht and additional tenders. The monochromatic decor features quality appointments and materials throughout including limestone, granite, and warm woods.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty Brokerage Phone: 949-533-5101 License #00602463 Listed on: 04/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,186
Year Built
- Built in 1977
Lot Details
- 5,000 Sq Ft Lot
- Property Fronts a Bay or Harbor
- Landscaped
- Rectangular Lot
- Level Lot
HOA Fees
- $38 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- 2 Open Parking Spaces
- Parking Available
- Front Facing Garage
- Garage Door Opener
- Driveway Level
Property Views
- Bay
- Harbor
Home Design
- Split Level Home
Interior Spaces
- 3,523 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Cathedral Ceiling
- Recessed Lighting
- Fireplace With Gas Starter
- Wood Frame Window
- Entrance Foyer
- Great Room with Fireplace
- Living Room with Attached Deck
- Dining Room
- Home Office
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Double Oven
- Microwave
- Dishwasher
- Stone Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom Retreat
- All Upper Level Bedrooms
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Boat Slip
- Private Dock Site
- Docks
- Ocean Side of Highway 1
- Outdoor Grill
- Rain Gutters
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 40
- Tax Tract Number 3867
- Assessor Parcel Number 05042137
Community Details
Overview
- Promontory Bay Association, Phone Number (949) 533-5101
- Villageway HOA
- Promontory Bay Custom Subdivision
Amenities
- Picnic Area
Recreation
- Fishing
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2024
Closed on
May 9, 2024
Sold by
Leslie K Seidner Irrevocable Trust and Audrey K Monke Irrevocable Trust
Bought by
Donald Lucky Callender Trust and Callender
Seller's Agent
Debra Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Donald A. Bowen
Re/Max Real Estate Group
List Price
$9,800,000
Sold Price
$9,458,750
Premium/Discount to List
-$341,250
-3.48%
Total Days on Market
14
Views
38
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
$72,772
Avg. Annual Appreciation
0.81%
Purchase Details
Closed on
Feb 15, 2024
Sold by
Kremer Audrey E and Kremer Family Irrevocable Trust
Bought by
Leslie K Seidner Irrevocable Trust and Audrey K Monke Irrevocable Trust
Purchase Details
Closed on
May 29, 2013
Sold by
Kremer Bonnie S
Bought by
Seidner Leslie K and Kremer Audrey E
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 | $9,459,000 | Lawyers Title Company | |
| Grant Deed | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2024 06/18/24 | Sold | $9,458,750 | -3.5% | $2,685 / Sq Ft |
| 05/05/2024 05/05/24 | Pending | -- | -- | -- |
| 04/21/2024 04/21/24 | For Sale | $9,800,000 | 0.0% | $2,782 / Sq Ft |
| 09/10/2019 09/10/19 | Rented | $15,000 | -6.3% | -- |
| 08/02/2019 08/02/19 | Price Changed | $16,000 | -15.8% | $5 / Sq Ft |
| 05/14/2019 05/14/19 | For Rent | $19,000 | -- | -- |
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 | $7,186 | $645,533 | $283,178 | $362,355 |
| 2023 | $7,015 | $632,876 | $277,626 | $355,250 |
| 2022 | $6,895 | $620,467 | $272,182 | $348,285 |
| 2021 | $6,764 | $608,301 | $266,845 | $341,456 |
| 2020 | $6,699 | $602,064 | $264,109 | $337,955 |
| 2019 | $6,566 | $590,259 | $258,930 | $331,329 |
| 2018 | $6,437 | $578,686 | $253,853 | $324,833 |
| 2017 | $6,324 | $567,340 | $248,876 | $318,464 |
| 2016 | $6,185 | $556,216 | $243,996 | $312,220 |
| 2015 | $6,125 | $547,862 | $240,331 | $307,531 |
| 2014 | $5,982 | $3,114,074 | $2,663,958 | $450,116 |
Source: Public Records
Agents Affiliated with this Home
-
Debra Bibb
Seller's Agent in 2024
Debra Bibb
Pacific Sotheby's Int'l Realty
(949) 533-5101
1 in this area
20 Total Sales
-
Donald A. Bowen
Buyer's Agent in 2024
Donald A. Bowen
RE/MAX
(949) 290-9754
1 in this area
160 Total Sales
-
Esther Fine
E
Buyer's Agent in 2019
Esther Fine
Surterre Properties Inc.
(949) 466-6483
7 Total Sales
-
Bruce Clark
Buyer Co-Listing Agent in 2019
Bruce Clark
Coldwell Banker Realty
(657) 333-2798
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP24075026
APN: 050-421-37
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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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