NOT LISTED FOR SALE

Estimated Value: $7,524,000 - $22,113,469

5 Beds
6.5 Baths
6,757 Sq Ft
$1,913/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $18,750,000 $2,775 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $72,628/month

8 Days on Market

Highlights

  • Private Dock Site
  • Home fronts a seawall
  • Boat Slip
  • Newport Elementary School Rated A
  • Pier
  • In Ground Pool

About This Home

As of June 2024

Nestled within the serene beauty of Lido Isle, this bayfront estate boasts an expansive lot directly overlooking the Newport Bay Turning Basin, offering unparalleled vistas of the shimmering bay waters, city lights and majestic mountain ranges. After nearly four decades, this captivating property graces the market for the first time. Spanning almost 6800 square feet of living space, the residence encompasses a grand entry, basement, family room, living room, dining room, kitchen and breakfast nook complemented by a butler's pantry and a library with access to a bayfront balcony. With five bedrooms and seven bathrooms, including a primary suite with awesome panoramas, every corner captures the beauty of Newport bayside living. Outside a large entry courtyard with a pool and a bayfront patio beckon for relaxation and entertainment while a generously sized dock stands ready to welcome a large yacht, ensuring endless opportunities to indulge in coastal living at its finest. With high ceilings amplifying the sense of openness and grandeur, this extraordinary estate promises a lifetime of unforgettable moments.

Last Agent to Sell the Property

Alison Mccormick

Arbor Real Estate Brokerage Phone: 949-355-4104 License #00607959 Listed on: 04/29/2024

Arbor Real Estate

Last Buyer's Agent

Elizabeth Thamer

Pacific Sotheby's Int'l Realty License #01169245

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,502

Year Built

  • Built in 1967

Lot Details

  • 6,380 Sq Ft Lot
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Level Lot

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Tandem Garage

Property Views

  • Bay
  • Harbor
  • City Lights
  • Mountain

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Fixer Upper
  • Planned Development
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 6,757 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Library with Fireplace
  • Laundry Room
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Butlers Pantry
  • Electric Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower
  • Linen Closet In Bathroom

Outdoor Features

  • In Ground Pool
  • Pier
  • Boat Slip
  • Private Dock Site
  • Docks
  • Ocean Side of Highway 1
  • Balcony
  • Deck
  • Open Patio
  • Exterior Lighting

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Central Heating
  • Underground Utilities
  • Water Heater

Listing and Financial Details

  • Tax Lot 331
  • Tax Tract Number 907
  • Assessor Parcel Number 42328103
  • $380 per year additional tax assessments

Community Details

Overview

  • Lido Isle Community Assoc. Association, Phone Number (949) 673-6150
  • Grand Manors HOA
  • Lido Island Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Meeting Room

Recreation

  • Boat Dock
  • Pier or Dock
  • Tennis Courts
  • Pickleball Courts
  • Ping Pong Table
  • Community Playground

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,502

Year Built

Built in 1967

Lot Details

0

HOA Fees

$250 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Guarded
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Zoning: SFR
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42328103
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6757.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Beamed Ceilings, High Ceilings, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Library, Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Price Per Square Foot: 2774.90
  • Room Type: All Bedrooms Up, Basement, Family Room, Formal Entry, Kitchen, Laundry, Library, Living Room, Primary Suite, Separate Family Room, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Linen Closet/Storage, Separate Tub And Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Open To Family Room
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Boat Slip, Dock Private, Pier
  • View: Bay, City Lights, Harbor, Mountain(s)
  • Patio And Porch Features: Deck, Patio Open
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Tandem Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dock, Pier, Tennis Court(s), Paddle Tennis, Clubhouse, Banquet Facilities, Meeting Room, Security
  • Association Fee: 3000.00
  • Association Fee Frequency: Annually
  • Association Name: Lido Isle Community Assoc.
  • Phone: 9496736150
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
  • Association Management: Grand Manors

Schools

  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6380.00
  • Lot Size Acres: 0.1465
  • Latitude Manual: 33.61010400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6380.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Includes Dock, Ocean Side Of Highway 1, Seawall

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 331
  • Tax Tract: 907
  • Tax Tract Number: 907
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2025
Sold by
Bray Nancy J
Bought by
Bray Steven R
Current Estimated Value
$12,928,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,854,200
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2025
Sold by
Via Lido Nord Llc
Bought by
Bray Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,854,200
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2024
Closed on
May 9, 2024
Sold by
Vimol Investment Company B V I Limited
Bought by
Via Lido Nord Llc
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Elizabeth Thamer
Pacific Sotheby's Int'l Realty
List Price
$19,750,000
Sold Price
$18,750,000
Premium/Discount to List
-$1,000,000
-5.06%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-23.32%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bray Steven R -- Chicago Title
Bray Steven R $22,770,000 Chicago Title
Via Lido Nord Llc $18,750,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bray Steven R $11,854,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2024 06/03/24 Sold $18,750,000 -5.1% $2,775 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $19,750,000 -- $2,923 / 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 $56,502 $19,125,000 $18,131,960 $993,040
2024 $56,502 $5,332,445 $4,519,244 $813,201
2023 $55,184 $5,227,888 $4,430,632 $797,256
2022 $54,276 $5,125,381 $4,343,757 $781,624
2021 $53,233 $5,024,884 $4,258,585 $766,299
2020 $52,722 $4,973,360 $4,214,918 $758,442
2019 $51,621 $4,875,844 $4,132,273 $743,571
2018 $50,589 $4,780,240 $4,051,248 $728,992
2017 $49,692 $4,686,510 $3,971,811 $714,699
2016 $48,571 $4,594,618 $3,893,932 $700,686
2015 $48,117 $4,525,603 $3,835,441 $690,162
2014 $46,982 $4,436,953 $3,760,310 $676,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24077442

California Regional Multiple Listing Service (CRMLS)

APN: 423-281-03