$7,850,000
SOLD JUN 24, 2016
4 Beds
3.5 Baths
3,153 Sq Ft
5,400 Sq Ft Lot

Recently Sold

$2,490 Per Sq Ft

10% Below List Price

57 Days on Market

Highlights

  • Private Dock Site
  • Property Fronts a Bay or Harbor
  • Cabana
  • Newport Elementary School Rated A
  • Boat Slip
  • 4-minute walk to Degrassi Park

About This Home

As of November 2021

(LOT WIDTH 60 FEET) Imagine for a few moments living on a luxury yacht, permanently berthed in one of the world’s most exclusive ports. Although your exquisite vessel has all the comforts one could need, amenities such as private beaches, tennis, playgrounds, fine dining and shopping are nearby as well. Now, consider a fabulous property on the coveted eastern end of Lido Isle in Newport Beach that fulfils the vision just described, but in the form of a traditional, albeit superior, residence. Resting just above the sand and hosting a private pier, and a slip for larger vessels, it provides stunning views from nearly every room. It is an absolutely magnificent panoramic view that continues into a nearby media room off of the adjacent culinary center. This spacious kitchen is designed to please the most discriminating chef with its impressive stainless appliances, richly-stained custom cabinetry and versatile island. Upstairs, the master suite rivals the stateroom of the finest yacht. Its open-beam and white slatted wood ceiling, expanse of windows looking out to the bay, and luxurious spa bath comprise a tranquil sanctuary indeed. This extraordinary Lido Isle retreat qualifies as a world-class home or home away from home for even the most discerning owner.

Last Agent to Sell the Property

Sean Stanfield

Pacific Sotheby's Int'l Realty License #01024996 Listed on: 04/11/2016

Pacific Sotheby's Int'l Realty

Co-Listed By

Branden Fella

Coldwell Banker Realty License #01860709

Last Buyer's Agent

Alison Mccormick

Arbor Real Estate License #00607959

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $207,295

Year Built

  • Built in 2012 | Newly Remodeled

Lot Details

  • 5,400 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a canal

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,153 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Open Floorplan
  • Dining Room
  • Home Office
  • Bay Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Cabana
  • Boat Slip
  • Private Dock Site
  • Balcony
  • Rooftop Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 347
  • Tax Tract Number 907
  • Assessor Parcel Number 42327110

Community Details

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$207,295

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0

HOA Fees

$77 per month

Parking

3

Listing Details

  • Assessments: No
  • Ad Number: 949 533 7500
  • Other Phone Description: 949-533-7500
  • Property Attached: No
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42327110
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3153.00
  • Interior Amenities: Balcony, Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area, Family Kitchen, In Family Room, Dining Room, In Kitchen, In Living Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 2489.69
  • Room Type: All Bedrooms Up, Family Room, Formal Entry, Living Room, Master Bedroom, Master Suite, Walk-In Closet, Office
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Exterior Features: Boat Slip, Dock Private
  • View: Bay
  • Patio And Porch Features: Cabana, Deck, Roof Top
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s)
  • Association Fee: 77.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5400.00
  • Price Per Lot Square Foot: 1453.70

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Canal Front

Tax Info

  • Tax Lot: 347
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 4, 2021
Sold by
Harry Huberman Bernard
Bought by
Bimey Family Living 1989 Trust
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Alison Mccormick
Arbor Real Estate
List Price
$18,900,000
Sold Price
$18,900,000
Total Days on Market
57
Current Estimated Value
$12,750,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,149,025
Avg. Annual Appreciation
-10.33%
Original Mortgage
$10,000,000
Outstanding Balance
$9,364,028
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$3,386,947

Purchase Details

Listed on
Sep 20, 2021
Closed on
Oct 15, 2021
Sold by
Huberman Lukas Ian and Huberman Nikokette
Bought by
Richardson Steven M and Richardson Survivors Trust
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Alison Mccormick
Arbor Real Estate
List Price
$18,900,000
Sold Price
$18,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Outstanding Balance
$9,364,028
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$3,386,947

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 17, 2016
Sold by
Birney Marcia Lynn
Bought by
Huberman Bernard and Bernard Huberman Trust
Seller's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
Buyer's Agent
Alison Mccormick
Arbor Real Estate
List Price
$8,750,000
Sold Price
$7,850,000
Premium/Discount to List
-$900,000
-10.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.78%

Purchase Details

Listed on
Jun 7, 2012
Closed on
Sep 18, 2012
Sold by
Stegall James W
Bought by
Birney Michael T and Birney Marcia Lynn
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Sharon McKinnon
Compass
List Price
$8,495,000
Sold Price
$6,800,000
Premium/Discount to List
-$1,695,000
-19.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$5,000,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2011
Sold by
Lahaye Mary E
Bought by
Lahaye Mary E and Mary E Lahaye Qualified Personal Residen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 14, 2000
Sold by
Lahaye Mary E
Bought by
Lahaye Mary E
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
Deed -- --
Grant Deed $18,900,000 Chicago Title
Deed -- --
Grant Deed $7,850,000 California Title Company
Grant Deed -- First American Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000,000 New Conventional
Previous Owner $4,500,000 Adjustable Rate Mortgage/ARM
Previous Owner $5,000,000 New Conventional
Previous Owner $750,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $18,900,000 0.0% $3,355 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $18,900,000 +140.8% $3,355 / Sq Ft
06/24/2016 06/24/16 Sold $7,850,000 -3.1% $2,490 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
06/05/2016 06/05/16 Price Changed $8,100,000 -7.4% $2,569 / Sq Ft
04/11/2016 04/11/16 For Sale $8,750,000 +28.7% $2,775 / Sq Ft
10/19/2012 10/19/12 Sold $6,800,000 -20.0% $2,305 / Sq Ft
06/07/2012 06/07/12 For Sale $8,495,000 -- $2,880 / 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
2024 $207,295 $19,663,560 $17,470,696 $2,192,864
2023 $202,471 $19,278,000 $17,128,133 $2,149,867
2022 $199,151 $18,900,000 $16,792,287 $2,107,713
2021 $110,398 $10,458,180 $8,385,486 $2,072,694
2020 $102,621 $9,712,760 $8,299,504 $1,413,256
2019 $87,940 $8,330,482 $8,136,769 $193,713
2018 $86,180 $8,167,140 $7,977,225 $189,915
2017 $84,651 $8,007,000 $7,820,808 $186,192
2016 $74,841 $7,097,625 $6,925,703 $171,922
2015 $74,144 $6,991,013 $6,821,673 $169,340
2014 $72,150 $6,830,872 $6,688,046 $142,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16075157

California Regional Multiple Listing Service (CRMLS)

APN: 423-271-10