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Sold for $2,560,000
  • Listed by: RE/MAX Select One • Stuart Thomas • Contact: 714-330-6020
    Bought with: First Team Real Estate
    $2,560,000

    412 62nd St, Newport Beach, CA 92663

    3beds
    1,922sqft
    Single Family Residence
    Built in 1962
    2,822 Square Feet Lot
    $3,483,800 Zestimate®
    $1,332/sqft
    $7,882 Estimated rent

    Home value

    $3,483,800

    $3.10M - $3.97M

    $7,882/mo

    Zestimate® history
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    What's special

    Rare waterfront lotBasketball courtsExclusive waterfront lotContemporary masterpieceBeach volleyballTimeless coastal retreatCoastal landscape
    Nestled within the prestigious enclave of Newport Beach, California, lies an extraordinary opportunity awaiting its discerning owner. This exclusive waterfront lot, a rare jewel amidst the coastal landscape, presents an unparalleled canvas upon which to realize the vision of a dream home. Envisioned as a blank slate for architectural ingenuity, this rarely available water lot invites the creation of a bespoke residence that seamlessly blends luxury, innovation, and the quintessential coastal lifestyle. With the freedom to redesign or build according to personal preferences and desires, the possibilities are as limitless as the horizon stretching before it. Whether envisioned as a contemporary masterpiece, a timeless coastal retreat, or a harmonious fusion of both, the opportunity to craft a home tailored to individual tastes is bound only by imagination. Imagine waking each morning to the gentle caress of sea breezes and the sun's golden rays dancing across the water. Picture entertaining guests amidst sweeping vistas from expansive terraces, where outdoor living seamlessly merges with the beauty of the natural surroundings. As the sun sets over the horizon, casting a warm glow upon the tranquil waters below, there is no doubt that this rare waterfront lot in Newport Beach offers an extraordinary opportunity to create a legacy of coastal living at its finest. With its unparalleled location, unparalleled potential, and unparalleled beauty, this is more than just a place to call home—it is a canvas upon which to paint the life of one's dreams. This dream location ideally situated on the water in the highly desired Community of Newport Shores balances beach proximity with a neighborhood community full of amenities that include include a pool, beach volleyball, Clubhouse, tennis and basketball courts, entertaining area and BBQ. The HOA is only $60 per month for all this.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stuart Thomas DRE #01356198 714-330-6020,

    RE/MAX Select One

    Bought with:

    Nick Skawinski, DRE #01937449

    First Team Real Estate

    Tyler Hosseini, DRE #01492818

    First Team Real Estate

    Source: CRMLS,MLS#: OC24027186MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom, Family Room, Kitchen
    Bedroom
    • Features: All Bedrooms Up
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Washer Hookup
    Features
    • All Bedrooms Up
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,922 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Faces Front, Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: front door
    • Pool features: Community, Association
    • Has view: Yes
    • View description: Bluff, Canal, Water
    • Has water view: Yes
    • Water view: Canal,Water
    • Waterfront features: Dock Access
    Lot
    • Size: 2,822 Square Feet
    • Features: Back Yard, Street Level
    Details
    • Parcel number: 04507530
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks, Pool
    • Subdivision: Newport Shores (News)
    HOA
    • Has HOA: Yes
    • Amenities included: Outdoor Cooking Area, Other Courts, Barbecue, Picnic Area, Pool
    • HOA fee: $60 monthly
    • HOA name: Newport Shores Community Association
    • HOA phone: 949-378-6200
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $1,332/sqft
    • Tax assessed value: $2,611,200
    • Annual tax amount: $27,764
    • Date on market: 2/14/2024
    • Cumulative days on market: 14 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/1/2024Sold$2,560,000-11.7%$1,332/sqft
    Source: CRMLS #OC24027186 Report a problem
    3/12/2024Pending sale$2,900,000$1,509/sqft
    Source: CRMLS #OC24027186 Report a problem
    2/29/2024Contingent$2,900,000$1,509/sqft
    Source: CRMLS #OC24027186 Report a problem
    2/14/2024Listed for sale$2,900,000$1,509/sqft
    Source: CRMLS #OC24027186 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$27,764 +7.6%$2,611,200 +8.8%
    2024$25,803 +1400.7%$2,400,000 +1680.8%
    2023$1,719 +2.1%$134,769 +2%
    2022$1,685 +1.9%$132,127 +2%
    2021$1,653 +1%$129,537 +1%
    2020$1,636 $128,209 +2%
    2019$1,636 +1.8%$125,696 +2%
    2018$1,608 +3.8%$123,232 +2%
    2017$1,550 $120,816 +2%
    2016$1,550 +2.1%$118,448 +1.5%
    2015$1,517 +3.7%$116,669 +2%
    2014$1,464 $114,384 +0.5%
    2013-- $113,868 +2%
    2012-- $111,636 +2%
    2011-- $109,448 +0.8%
    2010-- $108,631 -0.2%
    2009-- $108,890 +2%
    2008-- $106,755 +2%
    2007-- $104,662 +2%
    2006-- $102,610 +2%
    2005-- $100,599 +2%
    2004-- $98,627 +1.9%
    2003-- $96,820 +2%
    2002-- $94,922 +2%
    2001$967 +2.7%$93,061 +2%
    2000$941 $91,237
    Find assessor info on the county website

    Neighborhood: 92663

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Newport
    • 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
    $3,483,800
    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
    $3,483,800