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Sold for $1,040,000
  • Listed by: First Team Real Estate • Bonnie Foley • Contact: 949-240-7979
    Bought with: HomeSmart, Evergreen Realty
    $1,040,000

    40 Villa Point Dr, Newport Beach, CA 92660

    2beds
    1,190sqft
    Condominium
    Built in 1991
    -- sqft lot
    $1,296,200 Zestimate®
    $874/sqft
    $6,108 Estimated rent

    Home value

    $1,296,200

    $1.18M - $1.45M

    $6,108/mo

    Zestimate® history
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    What's special

    Welcome to 40 Villa Point, an exclusive retreat in the heart of Newport Beach's coveted Villa Point gated community. This charming condominium offers a luxurious coastal lifestyle just moments away from Balboa Island, Corona del Mar, Fashion Island, and Newport Harbor. Nestled within a serene enclave, this residence features two bedrooms, two bathrooms, and a convenient one-car detached garage, providing both comfort and convenience. With an open layout spanning 1190 square feet, this home is thoughtfully designed to maximize space and natural light. The gourmet kitchen boasts stainless steel appliances and upper cabinets with glass doors, perfect for culinary enthusiasts and entertaining guests. Adjacent to the kitchen, the inviting living area with its recessed lighting and crown molding features a cozy fireplace and access to a private balcony, where you can unwind and enjoy tranquil views of the surrounding landscape. The spacious primary suite offers a peaceful retreat with a walk-in closet and a secondary wardrobe with mirrored doors. The additional primary bedroom with en suite bathroom provides versatility for guests or a home office. Other highlights include an indoor full-size washer and dryer, and air conditioning ensuring a lifestyle of luxury and relaxation. Residents of Villa Point have access to a host of resort-style amenities, including two sparkling pools, a rejuvenating spa, and a well-equipped fitness center, perfect for enjoying the coastal lifestyle to the fullest. With its prime location near Fashion Island, residents can indulge in world-class shopping, dining, and entertainment options just moments from home. Don't miss the opportunity to experience the best of Newport Beach living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bonnie Foley DRE #01371482 949-294-0719,

    First Team Real Estate

    Bought with:

    Maggie Heshmatifar, DRE #00986917

    HomeSmart, Evergreen Realty

    Source: CRMLS,MLS#: OC24050483MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Entry/Foyer, Kitchen, Living Room, Primary Bedroom, Other
    Primary bedroom
    • Features: Main Level Primary
    Primary bedroom
    • Features: Primary Suite
    Primary bedroom
    • Features: Multiple Primary Suites
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Linen Closet, Separate Shower, Tile Counters, Tub Shower, Walk-In Shower
    Kitchen
    • Features: Kitchen/Family Room Combo, Tile Counters
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Range, Free-Standing Range, Disposal, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Water To Refrigerator, Water Heater, Dryer, Washer
    • Laundry: Washer Hookup, Inside, Laundry Closet
    Features
    • Breakfast Bar, Balcony, Ceramic Counters, Crown Molding, Open Floorplan, Pantry, Recessed Lighting, Storage, Tile Counters, Unfurnished, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites, Primary Suite, Walk-In Closet(s)
    • Flooring: Carpet, Tile
    • Doors: Mirrored Closet Door(s), Sliding Doors
    • Windows: Blinds, Drapes, Screens, Shutters
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 1,190 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Asphalt, Door-Single, Garage, Guest, Gated, No Driveway
    • Garage spaces: 1
    Accessibility
    • Accessibility features: Grab Bars, Low Pile Carpet, No Stairs
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Rear Porch, Concrete, Covered, Front Porch, Patio
    • Exterior features: Lighting, Rain Gutters
    • Pool features: Fenced, Heated, In Ground, Association
    • Has spa: Yes
    • Spa features: Association, Heated, In Ground
    • Fencing: Good Condition,Stucco Wall,Wrought Iron
    • Has view: Yes
    • View description: Courtyard
    • Waterfront features: Ocean Side Of Freeway
    Lot
    • Features: Close to Clubhouse, Greenbelt, Landscaped, Level, Near Park, Near Public Transit
    Details
    • Parcel number: 93963649
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Mediterranean
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Drywall, Concrete, Stucco
    • Foundation: Slab
    • Roof: Common Roof,Tile
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1991

    Utilities & green energy

    • Electric: Electricity - On Property, Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Street Lights, Sidewalks, Gated, Park
    • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security Gate, Gated Community, Key Card Entry, Smoke Detector(s)
    • Subdivision: Villa Point (Vilp)
    HOA
    • Has HOA: Yes
    • Amenities included: Call for Rules, Clubhouse, Controlled Access, Fitness Center, Pool, Pet Restrictions, Pets Allowed, Spa/Hot Tub, Trash
    • HOA fee: $595 monthly
    • HOA name: Villa Point
    • HOA phone: 949-218-9970
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $874/sqft
    • Tax assessed value: $1,060,800
    • Annual tax amount: $11,517
    • Date on market: 3/15/2024
    • Cumulative days on market: 19 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
    • Inclusions: Refrigerator, washer and dryer
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/24/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/9/2024Listed for rent$4,400$4/sqft
    Source: Zillow Rentals Report a problem
    4/29/2024Sold$1,040,000$874/sqft
    Source: CRMLS #OC24050483 Report a problem
    4/27/2024Pending sale$1,040,000$874/sqft
    Source: CRMLS #OC24050483 Report a problem
    4/4/2024Contingent$1,040,000$874/sqft
    Source: CRMLS #OC24050483 Report a problem
    3/16/2024Listed for sale$1,040,000+43.4%$874/sqft
    Source: CRMLS #OC24050483 Report a problem
    8/2/2016Sold$725,000-1.4%$609/sqft
    Source: Public Record Report a problem
    7/2/2016Pending sale$735,000$618/sqft
    Source: RE/MAX Evolution #OC16101946 Report a problem
    5/13/2016Price change$735,000-1.9%$618/sqft
    Source: RE/MAX Evolution #OC16101946 Report a problem
    3/10/2016Listed for sale$749,000+93.3%$629/sqft
    Source: RE/MAX Evolution #OC16049923 Report a problem
    5/22/2012Sold$387,500-38.5%$326/sqft
    Source: Public Record Report a problem
    10/1/2004Sold$630,000+34.2%$529/sqft
    Source: Public Record Report a problem
    5/22/2003Sold$469,500$395/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,517 +0.5%$1,060,800 +1%
    2024$11,457 +30.5%$1,050,000 +29.8%
    2023$8,780 +1.7%$808,748 +2%
    2022$8,630 +1.9%$792,891 +2%
    2021$8,465 +0.3%$777,345 +1%
    2020$8,443 $769,375 +2%
    2019$8,443 +1.3%$754,290 +2%
    2018$8,335 +3.8%$739,500 +2%
    2017$8,031 $725,000 +48.5%
    2016$8,031 +43.6%$488,078 +1.5%
    2015$5,593 +3.3%$480,747 +2%
    2014$5,415 $471,330 +2.5%
    2013-- $460,000 -11.4%
    2012-- $519,000
    2011-- $519,000 -5.6%
    2010-- $550,000
    2009-- $550,000 -17.7%
    2008-- $668,561 +2%
    2007-- $655,452 +2%
    2006-- $642,600 +2%
    2005-- $630,000 +31.7%
    2004-- $478,265 +90.4%
    2003-- $251,251 +2%
    2002-- $246,325 +2%
    2001$2,678 +1.8%$241,496 +2%
    2000$2,630 $236,761
    Find assessor info on the county website

    Neighborhood: 92660

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,296,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,296,200