NOT LISTED FOR SALE

Estimated Value: $7,248,000 - $8,655,000

5 Beds
4 Baths
4,390 Sq Ft
$1,753/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $6,780,000 $1,544 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $49,205/month

35 Days on Market

Highlights

  • Private Dock Site
  • Beach Access
  • Boat Slip
  • Abraham Lincoln Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Fireplace in Primary Bedroom Retreat

About This Home

As of August 2023

Welcome to 806 Harbor Island Drive: A stunning five-bedroom, four-bath waterfront property with direct Bay access, a private dock for a 40-foot vessel and space for two additional boats. The home features a spacious patio overlooking the water, perfect for outdoor entertaining. Inside, this luxurious home offers an abundance of living space, including a large living room with a fireplace and water views, a secondary living room with vaulted wood-beamed ceilings and fireplace, and a desirable downstairs bedroom/office. The gourmet kitchen comes equipped with top-of-the-line appliances and ample counter space. Two separate dining seating areas provide flexibility for both casual meals and formal gatherings. The primary bedroom boasts a private balcony with panoramic Bay views, a fireplace, and a large primary bathroom suite. Equipped with an elevator for easy access to all levels, this property is designed for convenience and comfort. Conveniently located near Newport's sought-after destinations such as Fashion Island, this waterfront gem allows you to indulge in upscale shopping, fine dining, and outdoor recreation just a short distance away. Don’t miss out on waterfront living at its finest!

Last Agent to Sell the Property

Pallie Jones

Arbor Real Estate License #01918002 Listed on: 06/05/2023

Arbor Real Estate

Co-Listed By

Ryan Gunderson

Arbor Real Estate License #01869795

Last Buyer's Agent

Daisy Dai

eXp realty of Greater Los Angeles License #02116074

eXp realty of Greater Los Angeles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,733

Year Built

  • Built in 1979

Lot Details

  • 5,000 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Brick Driveway

Home Design

  • Turnkey
  • Slate Roof

Interior Spaces

  • 4,390 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Shutters
  • Custom Window Coverings
  • Bay Window
  • French Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Bay Views

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom Retreat
  • 4 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Beach Access
  • Boat Slip
  • Private Dock Site
  • Docks
  • Balcony
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 3867
  • Assessor Parcel Number 05043117
  • $369 per year additional tax assessments

Community Details

Overview

  • Village Way Property Management Association, Phone Number (949) 450-1515
  • Village Way Property HOA
  • Promontory Bay Custom Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,733

Year Built

Built in 1979

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 949-500-8082
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Promontory Bay Custom (PBCS)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05043117
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4390.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, High Ceilings
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Master Retreat
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1544.42
  • Room Type: Main Floor Bedroom
  • Window Features: Bay Window(s), Custom Covering, Shutters
  • Bathroom Features: Bathtub

Exterior Features

  • Exterior Features: Boat Slip, Dock Private, Rain Gutters
  • View: Bay
  • Pool Private: No
  • Roof: Slate

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway - Brick, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Microwave
  • Heating Type: Central
  • Laundry Features: In Garage, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 460.00
  • Association Fee Frequency: Annually
  • Association Name: Village Way Property Management
  • Phone: 949.450.1515
  • Senior Community: No
  • Community Features: Curbs, Watersports
  • Association Management: Village Way Property

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size: 5000
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units In Community: 62
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Access, Includes Dock

Tax Info

  • Tax Census Tract: 630.05
  • Tax Lot: 7
  • Tax Tract Number: 3867
  • TaxOtherAnnualAssessmentAmount: 369.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Jul 14, 2023
Sold by
Mcguinness Marital Trust and Mcguinness Survivors Trust
Bought by
White Sand 168 Llc
Seller's Agent
Pallie Jones
Arbor Real Estate
Buyer's Agent
Daisy Dai
eXp realty of Greater Los Angeles
List Price
$7,395,000
Sold Price
$6,780,000
Premium/Discount to List
-$615,000
-8.32%
Total Days on Market
35
Views
113
Current Estimated Value
$7,693,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$913,865
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Nov 9, 2022
Sold by
Mcguinness Family Trust
Bought by
Mcguinness Survivors Trust

Purchase Details

Listed on
Apr 28, 2015
Closed on
Jun 23, 2015
Sold by
Klug Jean J
Bought by
The Mcguinness Family Trust
Seller's Agent
Jean Klug
Coldwell Banker Realty
Buyer's Agent
Daniel Beightol
Sun Coast Real Estate
List Price
$4,850,000
Sold Price
$4,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%

Purchase Details

Closed on
Mar 7, 2014
Sold by
Klug Jean
Bought by
Klug Jean J and Jean J Klug Revocable Trust

Purchase Details

Closed on
Jul 2, 2003
Sold by
Klug Jean J
Bought by
Klug Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 13, 2002
Sold by
Klug Jean J
Bought by
Klug Jean J and Jean J Klug Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,000
Interest Rate
6.03%

Purchase Details

Closed on
Apr 30, 1999
Sold by
King Jean J
Bought by
King Jean J and Jean J King Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.91%

Purchase Details

Closed on
Mar 26, 1999
Sold by
Klug Jean J
Bought by
Klug Jean J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.91%

Purchase Details

Closed on
Feb 15, 1994
Sold by
Klug John W and Klug Jean J
Bought by
Klug Jean J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
7%
Source: Public Records

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Range of Values:

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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
White Sand 168 Llc $6,780,000 First American Title
Mcguinness Survivors Trust -- --
The Mcguinness Family Trust $4,700,000 Fidelity National Title
Klug Jean J -- Accommodation
Klug Jean -- First American Title Co
Klug Jean J -- United Title Company
Klug Jean J -- United Title Company
King Jean J -- United Title Company
Klug Jean J -- United Title Company
Klug Jean J -- Southland Title Corporation
Klug Jean J -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klug Jean $251,540
Previous Owner Klug Jean $880,000
Previous Owner Klug Jean $250,000
Previous Owner Klug Jean $60,000
Previous Owner Klug Jean J $649,000
Previous Owner Klug Jean J $600,000
Previous Owner Klug Jean J $442,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $6,780,000 -8.3% $1,544 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $7,395,000 +52.5% $1,685 / Sq Ft
07/27/2015 07/27/15 Sold $4,850,000 0.0% $1,155 / Sq Ft
06/11/2015 06/11/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $4,850,000 0.0% $1,155 / Sq Ft
03/01/2013 03/01/13 Rented $10,900 -0.9% --
03/01/2013 03/01/13 Under Contract -- -- --
02/11/2013 02/11/13 For Rent $10,995 -- --
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 $71,733 $6,780,000 $5,916,535 $863,465
2023 $56,648 $5,374,568 $4,562,151 $812,417
2022 $55,714 $5,269,185 $4,472,697 $796,488
2021 $54,642 $5,165,868 $4,384,997 $780,871
2020 $54,118 $5,112,899 $4,340,034 $772,865
2019 $52,986 $5,012,647 $4,254,936 $757,711
2018 $51,925 $4,914,360 $4,171,506 $742,854
2017 $51,003 $4,818,000 $4,089,711 $728,289
2016 $49,603 $4,700,000 $4,009,520 $690,480
2015 $12,780 $1,178,215 $589,478 $588,737
2014 $12,479 $1,155,136 $577,931 $577,205
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23086637

California Regional Multiple Listing Service (CRMLS)

APN: 050-431-17