Seller's Agent in 2024
Alvin Gels
Coldwell Banker Realty
(949) 887-5982
1 in this area
8 Total Sales
801 Kings Rd Newport Beach, CA 92663
Cliff Haven NeighborhoodEstimated Value: $4,922,169 - $5,957,000
0.27
Acre
$20,493,823
Price per Acre
11,692
Sq Ft Lot
Highlights
- Ocean View
- No HOA
- Rectangular Lot
- Newport Heights Elementary Rated A
About This Lot
As of August 2024Rare Opportunity: Breathtaking Ocean and Bay Views on Kings Road, Newport Beach
Discover an extraordinary opportunity for discerning buyers who crave panoramic ocean and bay views. Perched atop Kings Road, arguably Newport Beach’s premier address, this property offers an expansive 11,690-square-foot lot with an impressive 70 feet of front-row width. Let’s delve into the captivating details: Location and Views: Situated at Newport Beach’s pinnacle, this property boasts awe-inspiring vistas. From Dana Point to Catalina Island and the Palos Verdes Peninsula, the views are nothing short of spectacular. Newport Harbor and the vast Pacific Ocean unfold before you, leaving you in awe. Existing Home: The current residence, a charming 1953 vintage home, spans 1,329 square feet and features 3 bedrooms and 2 baths. However, the true allure lies in the potential to replace it with your dream residence. Dream Residence: Imagine a new home with disappearing walls of glass, seamlessly merging indoor and outdoor spaces. Wake up to the sun rising over the ocean or relish sunsets that paint the sky in hues of orange and pink. Outdoor Living: Enhance your lifestyle with a magical outdoor living space. The veranda overlooks the gently sloping lot, inviting you to create your own oasis. Consider adding a pool, a spa, a pickleball court, and a lanai—all seamlessly integrated into your dream home. Prime Location: Conveniently located near world-class amenities, this property invites you to experience the finest of Newport Beach living. Enjoy proximity to shopping, fine dining, sandy beaches, Newport Harbor, The Back Bay, freeway access, and John Wayne Airport. Unique Opportunity: Notably, this vintage, original residence is the sole offering on the south side of Kings Road. Such opportunities are rare and unlikely to be replicated anytime soon. Unobstructed Bay View: Additionally, this property stands alone on Kings Road, providing a direct, unobstructed nearby view of the bay. Don’t miss this chance to own a slice of Newport Beach paradise
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 949-887-5982 License #01436554 Listed on: 04/22/2024
Last Buyer's Agent
Coldwell Banker Realty Brokerage Phone: 949-887-5982 License #01436554 Listed on: 04/22/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $10,686
Lot Details
- 0.27 Acre Lot
- Rectangular Lot
- The property's topography is sloping
- Value in Land
Property Views
- Ocean
- Bay
- Harbor
- Catalina
- Panoramic
- City Lights
Utilities
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Kings Road Subdivision
Listing and Financial Details
- Legal Lot and Block 23 / E
- Tax Tract Number 1219
- Assessor Parcel Number 04921211
- $364 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2024
Closed on
Jul 8, 2024
Sold by
Sokolich W Gary
Bought by
American Enterprise Elite Club Llc
Seller's Agent
Alvin Gels
Coldwell Banker Realty
Buyer's Agent
Alvin Gels
Coldwell Banker Realty
List Price
$5,995,000
Sold Price
$5,800,000
Premium/Discount to List
-$195,000
-3.25%
Views
90
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
-$299,458
Avg. Annual Appreciation
-4.97%
Original Mortgage
$3,600,000
Interest Rate
6.95%
Mortgage Type
Construction
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 |
|---|---|---|---|
| American Enterprise Elite Club Llc | $5,800,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | American Enterprise Elite Club Llc | $3,600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2024 08/15/24 | Sold | $5,800,000 | -3.3% | $4,364 / Sq Ft |
| 07/04/2024 07/04/24 | Pending | -- | -- | -- |
| 04/22/2024 04/22/24 | For Sale | $5,995,000 | -- | $4,511 / 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 | $10,686 | $5,800,000 | $5,673,561 | $126,439 |
| 2024 | $10,686 | $985,210 | $863,776 | $121,434 |
| 2023 | $10,432 | $965,893 | $846,840 | $119,053 |
| 2022 | $10,255 | $946,954 | $830,235 | $116,719 |
| 2021 | $10,058 | $928,387 | $813,956 | $114,431 |
| 2020 | $9,961 | $918,868 | $805,610 | $113,258 |
| 2019 | $9,757 | $900,851 | $789,813 | $111,038 |
| 2018 | $9,563 | $883,188 | $774,327 | $108,861 |
| 2017 | $9,394 | $865,871 | $759,144 | $106,727 |
| 2016 | $9,183 | $848,894 | $744,259 | $104,635 |
| 2015 | $9,095 | $836,143 | $733,079 | $103,064 |
| 2014 | $8,879 | $819,765 | $718,719 | $101,046 |
Source: Public Records
Agents Affiliated with this Home
-
Alvin Gels
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24055382
APN: 049-212-11
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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