$3,750,000
SOLD MAR 21, 2025 RENTED APR 28, 2025
2 Beds
2 Baths
1,523 Sq Ft
$1,945/mo HOA Fee

Recently Sold

$2,462 Per Sq Ft

6% Below List Price

87 Days on Market

Highlights

  • Concierge
  • Ocean View
  • In Ground Pool
  • Newport Elementary School Rated A
  • Fitness Center
  • 1-minute walk to Lido Park

About This Home

As of March 2025

Discover unparalleled waterfront living at 601 Lido Park Drive, a stunning residence located in the heart of Newport Beach. This exquisite condominium offers a perfect blend of elegance and tranquility, with panoramic views of the iconic Newport Harbor. Featuring a spacious 2-bedroom, 2-bathroom layout, the home is bathed in natural light thanks to expansive floor-to-ceiling windows that frame the scenic beauty of the harbor, sailboats, and vibrant sunsets. The gourmet kitchen is adorned with sleek granite countertops, top-of-the-line stainless steel appliances, and generous cabinetry, making it ideal for both everyday cooking and entertaining. Step outside onto your private balcony and experience the calming sea breeze— perfect for relaxation. The primary suite features serene water views and a luxurious ensuite bathroom with dual sinks and a walk-in closet. It’s the perfect sanctuary to unwind and recharge, with the picturesque harbor just outside your window. This prestigious community offers amenities, including a pool, spa, fitness center, 24/7 concierge services, and secure underground parking. Residents also enjoy easy access to the vibrant Lido Marina Village, fine dining, shopping at Fashion Island, and beautiful beaches—all just moments away.

Last Agent to Sell the Property

Drew Teicheira

Harcourts Place Brokerage Phone: 949-244-7438 License #02030547 Listed on: 11/25/2024

Harcourts Place

Last Buyer's Agent

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,165

Year Built

  • Built in 1972

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $1,945 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Marina
  • Coastline
  • Bay
  • Harbor
  • Panoramic
  • Bridge
  • City Lights
  • Mountain
  • Hills

Interior Spaces

  • 1,523 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Pest Guard System

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7695
  • Assessor Parcel Number 93255034
  • $375 per year additional tax assessments

Community Details

Overview

  • 54 Units
  • 601 Lido Community Association, Phone Number (949) 675-6101
  • Danielle Glass HOA
  • Lido Building Subdivision

Amenities

  • Concierge
  • Outdoor Cooking Area

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,165

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,945 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Lido Building (#601) (L601)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93255034
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1523.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2462.25
  • Room Type: Kitchen, Living Room, Primary Suite

Exterior Features

  • View: Bay, Bridge(s), City Lights, Coastline, Harbor, Hills, Marina, Mountain(s), Ocean, Panoramic, Water
  • Pool Features: Association, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Pest Control, Gym/Ex Room, Concierge, Trash, Call for Rules, Guard, Security
  • Association Fee: 1945.00
  • Association Fee Frequency: Monthly
  • Association Name: 601 Lido Community Association
  • Phone: 949-675-6101
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Storm Drains, Street Lights
  • Association Management: Danielle Glass

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 54
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 635.00
  • Tax Lot: 1
  • Tax Tract Number: 7695
  • TaxOtherAnnualAssessmentAmount: 375.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2024
Closed on
Feb 25, 2025
Sold by
Liu Family Trust and Liu Joseph H
Bought by
Eva Simpson Living Trust and Simpson
Seller's Agent
Drew Teicheira
Harcourts Place
Buyer's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
List Price
$3,995,000
Sold Price
$3,750,000
Premium/Discount to List
-$245,000
-6.13%
Views
58
Current Estimated Value
$3,573,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$176,147
Avg. Annual Appreciation
-10.36%

Purchase Details

Closed on
Jun 10, 2016
Sold by
Molway Christine and Daichendt Christine
Bought by
Daichendt Gary J and Daichendt Catherine A

Purchase Details

Closed on
Mar 31, 2010
Sold by
Daichendt Gary J and Daichendt Catherine A
Bought by
Daichendt Gary J and Daichendt Catherine A

Purchase Details

Closed on
Mar 16, 2001
Sold by
Sth Ltd Partnership
Bought by
Daichendt Gary J and Daichendt Catherine A

Purchase Details

Closed on
Nov 13, 1998
Sold by
Dick Jerald Michael
Bought by
Sth Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.5%

Purchase Details

Closed on
May 7, 1998
Sold by
Dick Jerald M
Bought by
Sth Ltd Partnership

Purchase Details

Closed on
Jan 6, 1997
Sold by
Pittroff Edward J and Pittroff Lido Trust Of 1992
Bought by
Dick Jerald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.87%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,750,000 Wfg National Title
Grant Deed $600,000 Accommodation
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer $600,000 Accommodation
Grant Deed $925,000 North American Title Co
Grant Deed -- First American Title Ins Co
Grant Deed -- First American Title Ins Co
Warranty Deed -- --
Individual Deed $435,000 California Counties Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $345,000 No Value Available
Previous Owner $348,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Rented $11,500 0.0% --
03/31/2025 03/31/25 For Rent $11,500 0.0% --
03/21/2025 03/21/25 Sold $3,750,000 -6.1% $2,462 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
12/02/2024 12/02/24 For Sale $3,995,000 +6.5% $2,623 / Sq Ft
11/27/2024 11/27/24 Off Market $3,750,000 -- --
11/25/2024 11/25/24 For Sale $3,995,000 -- $2,623 / 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 $30,165 $2,886,485 $2,510,679 $375,806
2024 $30,165 $2,829,888 $2,461,450 $368,438
2023 $29,459 $2,774,400 $2,413,186 $361,214
2022 $17,660 $1,644,433 $1,282,861 $361,572
2021 $17,322 $1,612,190 $1,257,707 $354,483
2020 $17,156 $1,595,659 $1,244,810 $350,849
2019 $16,802 $1,564,372 $1,220,402 $343,970
2018 $16,468 $1,533,699 $1,196,473 $337,226
2017 $16,178 $1,503,627 $1,173,013 $330,614
2016 $12,701 $1,177,422 $854,854 $322,568
2015 $12,581 $1,159,737 $842,014 $317,723
2014 $12,285 $1,137,020 $825,520 $311,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24240175

California Regional Multiple Listing Service (CRMLS)

APN: 932-550-34