Seller's Agent in 2023
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
1 in this area
92 Total Sales
818 Harbor Island Dr Newport Beach, CA 92660
Bayside NeighborhoodEstimated Value: $7,675,000 - $8,689,000
4
Beds
4
Baths
3,762
Sq Ft
$2,144/Sq Ft
Est. Value
Highlights
- Boat Slip
- Fishing
- Open Floorplan
- Abraham Lincoln Elementary School Rated A
- Bay View
- Fireplace in Primary Bedroom
About This Home
As of April 2023A storied family home, located on an expansive 50’ wide bay front lot on Newport Harbor’s Promontory Bay. Lived in and loved by a legendary yachtsman and accomplished competitive sailor who explored the world and embraced every opportunity to be on the water, this harbor front home with a decidedly Mid-Century vibe is ready to be re-envisioned by its new owner. Offering four bedrooms and four baths, in approximately 3800 square feet of light-filled living space, the home is punctuated by dramatic 20’ ceilings and walls of glass framing scenic harbor views. Living, dining, and den areas all front the sweeping bay side patio and are accented by a sensational two-story, pass through fireplace and a nautically influenced retro bar. A generously scaled eat-in kitchen boasts water views and is open to the principle living areas. With four bedroom suites – one of which is on the main living level – there is abundant room for family and friends. Upstairs, the water view primary suite features vaulted beamed ceilings, a cozy brick fireplace, dual vanity, soaking tub with separate walk-in shower, and two dressing areas. Two additional en-suite bedrooms and an open den/office with water views complete the home's second level. This is a wonderful remodel opportunity allowing you to relax and enjoy life on the harbor. Dine al fresco on the oversized bay front terrace and then stroll down to your own private dock with two additional side-ties. Located near the end of a quiet cul-de-sac Promontory Bay affords easy access to nearby shops, restaurants, charming Balboa Island and the iconic Galley Café.
Last Agent to Sell the Property
Coldwell Banker Realty License #01892201 Listed on: 03/16/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $70,135
Year Built
- Built in 1974
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 50x100
- Cul-De-Sac
- Landscaped
- Sprinkler System
- Private Yard
HOA Fees
- $38 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
- Single Garage Door
- Off-Street Parking
Property Views
- Bay
- City Lights
- Neighborhood
Interior Spaces
- 3,762 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Bar
- Beamed Ceilings
- High Ceiling
- Two Way Fireplace
- Fireplace With Gas Starter
- Entrance Foyer
- Great Room with Fireplace
- Dining Room
- Den with Fireplace
- Bonus Room
Kitchen
- Eat-In Kitchen
- Double Oven
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Walk-In Closet
- 4 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Boat Slip
- Open Patio
- Terrace
- Exterior Lighting
Location
- Urban Location
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 3867
- Assessor Parcel Number 05043119
- $369 per year additional tax assessments
Community Details
Overview
- Promontory Bay Association, Phone Number (949) 450-1515
- Villageway HOA
- Promontory Bay Custom Subdivision
Recreation
- Fishing
- Water Sports
- Bike Trail
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2023
Closed on
Mar 30, 2023
Sold by
Exemption Equivalent Trust
Bought by
Fore Family Trust
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Jon Dishon
Arbor Real Estate
List Price
$6,475,000
Sold Price
$6,505,000
Premium/Discount to List
$30,000
0.46%
Views
106
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
$1,560,129
Avg. Annual Appreciation
9.58%
Original Mortgage
$4,553,500
Outstanding Balance
$4,434,532
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$3,630,597
Purchase Details
Closed on
Mar 11, 2015
Sold by
Jones H Gilbert
Bought by
Jones H Gilbert and Jones Revocable Trust
Purchase Details
Closed on
Oct 3, 2007
Sold by
Jones H Gilbert and Jones Julie Squier
Bought by
Jones H Gilbert and Jones Julie S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 1993
Sold by
Jones H Gilbert and Jones Julie Squier
Bought by
Jones H Gilbert and Jones Julie Squier
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.2%
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 |
|---|---|---|---|
| Fore Family Trust | $6,505,000 | First American Title | |
| Jones H Gilbert | -- | None Available | |
| Jones H Gilbert | -- | California Title Company | |
| Jones H Gilbert | -- | Investors Title | |
| Jones H Gilbert | -- | Investors Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fore Family Trust | $4,553,500 | |
| Previous Owner | Gilbert Jones H | $350,000 | |
| Previous Owner | Jones H Gilbert | $300,000 | |
| Previous Owner | Jones H Gilbert | $400,000 | |
| Previous Owner | Jones H G | $400,000 | |
| Previous Owner | Jones H Gilbert | $650,000 | |
| Previous Owner | Jones H Gilbert | $322,700 | |
| Previous Owner | Jones H Gilbert | $250,000 | |
| Previous Owner | Jones H Gilbert | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2023 04/24/23 | Sold | $6,505,000 | +0.5% | $1,729 / Sq Ft |
| 03/24/2023 03/24/23 | Pending | -- | -- | -- |
| 03/16/2023 03/16/23 | For Sale | $6,475,000 | -- | $1,721 / 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 | $70,135 | $6,780,808 | $6,220,363 | $560,445 |
| 2024 | $70,135 | $6,635,100 | $6,098,395 | $536,705 |
| 2023 | $68,572 | $6,505,000 | $6,009,379 | $495,621 |
| 2022 | $17,769 | $1,661,382 | $1,230,498 | $430,884 |
| 2021 | $17,428 | $1,628,806 | $1,206,370 | $422,436 |
| 2020 | $17,260 | $1,612,105 | $1,194,000 | $418,105 |
| 2019 | $16,903 | $1,580,496 | $1,170,589 | $409,907 |
| 2018 | $16,565 | $1,549,506 | $1,147,636 | $401,870 |
| 2017 | $16,271 | $1,519,124 | $1,125,133 | $393,991 |
| 2016 | $15,905 | $1,489,338 | $1,103,072 | $386,266 |
| 2015 | $15,754 | $1,466,967 | $1,086,503 | $380,464 |
| 2014 | $15,382 | $1,438,232 | $1,065,220 | $373,012 |
Source: Public Records
Agents Affiliated with this Home
-
Tara Shapiro
-
Jon Dishon
Buyer's Agent in 2023
Jon Dishon
Arbor Real Estate
(949) 632-9967
1 in this area
82 Total Sales
-
Nicole Dishon
N
Buyer Co-Listing Agent in 2023
Nicole Dishon
Arbor Real Estate
(949) 554-1200
1 in this area
61 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23044016
APN: 050-431-19
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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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