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Sold for $3,500,000
  • Listed by: William Kennedy And Associates • Lyn Janota • Contact: 949-278-4404
    Bought with: Pellego, Inc.
    Tax assessed value
    $3,500,000

    1007 Grove Ln, Newport Beach, CA 92660

    4beds
    3,836sqft
    Single Family Residence
    Built in 1979
    8,220 Square Feet Lot
    $5,220,300 Zestimate®
    $912/sqft
    $18,499 Estimated rent

    Home value

    $5,220,300

    $4.59M - $6.00M

    $18,499/mo

    Zestimate® history
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    What's special

    Located in a premium location in a quiet and desirable sought after street in Dover Shores. This home has exciting possibilities to improve and upgrade this to be your dream home. The current layout flows seamlessly with four bedrooms, each with their own en-suite bathroom, most bedrooms with walk-in closets, one bathroom on the main level, and a private home office. The bonus bedroom offers versatility for many buyers; as media room, a teen retreat, a fourth bedroom, game room or craft room. The space has vaulted ceilings that create an atmosphere of openness. Has a separate entrance into the garage/outside. The large and private primary bedroom, featuring his and her closets that provide ample storage space and a large bathroom with his and her vanity. Bright and open living room with soaring ceilings. Two cozy fireplaces in the living room and family room. Beautiful wood wet bar provides the perfect space for entertaining. Sun-filled kitchen with large expansive windows. Private backyard with a fire pit, seating area and in ground swim-spa. The 5-car attached garage provides ample parking as well as storage space and back stairs to the upstairs. Lots of possibilities for ADU. The home is conveniently located near excellent schools, restaurants, shops and outdoor activities including hiking and biking trails. The Castaways trail is adjacent to the street, providing access to ocean views. Fashion Island, Corona Del Mar, and the Balboa Peninsula are minutes away. Being sold in "as is" condition. Agent is related to seller.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lyn Janota DRE #01944862 949-278-4404,

    William Kennedy And Associates

    Bought with:

    Audrey Huynh, DRE #02031189

    Pellego, Inc.

    Source: CRMLS,MLS#: NP23229604MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 5
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom, Den, Family Room, Foyer, Kitchen, Living Room, Other, Utility Room, Dining Room
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Enclosed Toilet, Linen Closet, Stone Counters, Remodeled, Separate Shower, Tile Counters, Walk-In Shower
    Kitchen
    • Features: Kitchen Island, Tile Counters
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Range Hood, Trash Compactor, Water Heater
    • Laundry: Inside, Laundry Room
    Features
    • Beamed Ceilings, Wet Bar, Built-in Features, Ceiling Fan(s), Ceramic Counters, Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Multiple Staircases, Pantry, Storage, Sunken Living Room, Two Story Ceilings, All Bedrooms Up, Entrance Foyer, Utility Room, Walk-In Closet(s)
    • Flooring: Carpet, Tile
    • Windows: Double Pane Windows, Drapes, Screens, Shutters
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,836 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Direct Access, Driveway, Garage Faces Front, Garage, Garage Door Opener
    • Attached garage spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Patio & porch: Concrete, Patio
    • Pool features: None
    • Has spa: Yes
    • Spa features: Heated, In Ground, Private
    • Has view: Yes
    • View description: None
    Lot
    • Size: 8,220 Square Feet
    • Features: Back Yard, Cul-De-Sac, Front Yard, Sprinkler System
    Details
    • Additional structures: Second Garage
    • Parcel number: 42512215
    • Zoning: R1
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Siding
    • Foundation: Slab
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Electric: 220 Volts For Spa
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Curbs, Hiking, Sidewalks
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Westcliff Grove (Wcgr)
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $912/sqft
    • Tax assessed value: $3,500,000
    • Annual tax amount: $37,002
    • Date on market: 1/31/2024
    • Cumulative days on market: 185 days
    • Listing terms: Conventional
    • Exclusions: Car lift in garage.
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/6/2024Sold$3,500,000-6.7%$912/sqft
    Source: CRMLS #NP23229604 Report a problem
    8/20/2024Pending sale$3,750,000$978/sqft
    Source: CRMLS #NP23229604 Report a problem
    8/9/2024Price change$3,750,000-6.2%$978/sqft
    Source: CRMLS #NP23229604 Report a problem
    7/26/2024Pending sale$3,999,000$1,042/sqft
    Source: CRMLS #NP23229604 Report a problem
    6/27/2024Price change$3,999,000-5.9%$1,042/sqft
    Source: CRMLS #NP23229604 Report a problem
    6/14/2024Price change$4,250,000-2.3%$1,108/sqft
    Source: CRMLS #NP23229604 Report a problem
    5/16/2024Price change$4,350,000-6.4%$1,134/sqft
    Source: CRMLS #NP23229604 Report a problem
    4/19/2024Price change$4,645,000-5.1%$1,211/sqft
    Source: CRMLS #NP23229604 Report a problem
    3/5/2024Price change$4,895,000-1.8%$1,276/sqft
    Source: CRMLS #NP23229604 Report a problem
    2/1/2024Listed for sale$4,985,000$1,300/sqft
    Source: CRMLS #NP23229604 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$37,002 -16.3%$3,500,000 -15.9%
    2024$44,182 +2.4%$4,161,600 +2%
    2023$43,151 +358.3%$4,080,000 +370.5%
    2022$9,415 +2%$867,142 +2%
    2021$9,235 +1%$850,140 +1%
    2020$9,145 $841,423 +2%
    2019$9,145 +2.1%$824,925 +2%
    2018$8,959 +3.9%$808,750 +2%
    2017$8,625 $792,893 +2%
    2016$8,625 +2.3%$777,347 +1.5%
    2015$8,432 +3.4%$765,671 +2%
    2014$8,153 $750,673 +0.5%
    2013-- $747,281 +2%
    2012-- $732,629 +2%
    2011-- $718,264 +0.8%
    2010-- $712,896 -0.2%
    2009-- $714,591 +2%
    2008-- $700,580 +2%
    2007-- $686,844 +2%
    2006-- $673,377 +10.4%
    2005-- $610,020 +11.5%
    2004-- $547,094 +1.9%
    2003-- $537,067 +2%
    2002-- $526,537 +2%
    2001$5,260 +2.6%$516,213 +2%
    2000$5,126 $506,092
    Find assessor info on the county website

    Neighborhood: 92660

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mariners
    • Middle: Ensign
    • High: Newport Harbor

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $5,220,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,220,300