MAJOR PRICE REDUCTION! Nestled in the coveted Balboa Peninsula Point neighborhood, 425 Belvue Lane is a captivating two-story residence seamlessly blending modern living with coastal charm. Featuring three bedrooms and four bathrooms, this home offers a versatile layout for comfort and functionality. The main level encompasses a downstairs retreat with one bedroom, a spacious living room, and dining room with doors opening up to both the front yard and rear enclosed patio. The functional kitchen can be found off the dining room, which includes a walk-in pantry and additional eating space opening up to the private brick patio; providing an ideal space for daily living. Upstairs, the master suite features his and her sinks, a walk-in closet, and sliding doors leading to a charming small deck with views of the strada. An additional bedroom, bathroom, and entertainment room, separated by sliding doors, offer flexible living spaces with a wraparound deck overlooking the courtyard. The living room, adorned with a fireplace, has vaulted ceilings with skylights bathing the interior with natural light. With its prime location on the only Strada street on the Peninsula, a full interior laundry room, three car garage, and entertainment-ready spaces, 425 Belvue Lane provides a unique opportunity to experience the coastal lifestyle at its finest.
Sold for $5,000,000
Listed by: Pacific Sotheby's Int'l Realty • Kimberly Bibb • Contact: 714-396-0185
Bought with: Pacific Sotheby's Int'l Realty
$5,000,000
425 Belvue Ln, Newport Beach, CA 92661
3beds
3,305sqft
Single Family Residence
Built in 1998
4,000 Square Feet Lot
$5,484,200 Zestimate®
$1,513/sqft
$7,258 Estimated rent
Home value
$5,484,200
$4.99M - $6.09M
$7,258/mo
Zestimate® history
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List your homeWhat's special
Entertainment roomEntertainment-ready spacesPrivate brick patioVersatile layoutFunctional kitchenWalk-in closetFull interior laundry room
Zillow last checked:
Listing updated:
Listed by:
Kimberly Bibb DRE #01210754 714-396-0185,
Pacific Sotheby's Int'l Realty
Bought with:
Kimberly Bibb, DRE #01210754
Pacific Sotheby's Int'l Realty
Source: CRMLS,MLS#: NP24045161
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- 3/4 bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Bonus Room, Bedroom, Den, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other, Pantry, Dining Room
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Dual Sinks, Walk-In Shower
Kitchen
- Features: Walk-In Pantry
Other
- Features: Walk-In Closet(s)
Heating
- Central, Fireplace(s)
Cooling
- None
Appliances
- Included: 6 Burner Stove, Dishwasher, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Water To Refrigerator
- Laundry: Inside, Laundry Room
Features
- Breakfast Bar, Built-in Features, Balcony, Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Pantry, Bedroom on Main Level, Walk-In Pantry, Walk-In Closet(s)
- Flooring: Wood
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,305 sqft
Property
Parking
- Total spaces: 3
- Parking features: Direct Access, Garage, Garage Faces Rear
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Brick, Deck, Enclosed, Front Porch, Wrap Around
- Pool features: None
- Spa features: None
- Fencing: Vinyl
- Has view: Yes
- View description: Neighborhood
- Waterfront features: Across the Road from Lake/Ocean
Lot
- Size: 4,000 Square Feet
- Features: 0-1 Unit/Acre, Front Yard, Lawn, Near Park, Walkstreet
Details
- Parcel number: 04825123
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Water Heater
Community & HOA
Community
- Features: Biking, Curbs, Sidewalks, Water Sports, Park
- Subdivision: Balboa Peninsula Point (Blpp)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,513/sqft
- Tax assessed value: $4,978,494
- Date on market: 3/11/2024
- Cumulative days on market: 277 days
- Listing terms: Cash,Cash to Existing Loan,Conventional,1031 Exchange
- Road surface type: Alley Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/10/2025 | Sold | $5,000,000-7.3%$1,513/sqft |
Source:  CRMLS #NP24045161 Report a problem | ||
| 1/9/2025 | Pending sale | $5,395,000$1,632/sqft |
Source: CRMLS #NP24045161 Report a problem | ||
| 12/20/2024 | Contingent | $5,395,000$1,632/sqft |
Source: CRMLS #NP24045161 Report a problem | ||
| 12/2/2024 | Price change | $5,395,000-5.3%$1,632/sqft |
Source: CRMLS #NP24045161 Report a problem | ||
| 6/20/2024 | Price change | $5,695,000-1.7%$1,723/sqft |
Source: CRMLS #NP24045161 Report a problem | ||
| 3/12/2024 | Listed for sale | $5,795,000+1205.2%$1,753/sqft |
Source: CRMLS #NP24045161 Report a problem | ||
| 5/3/1996 | Sold | $444,000$134/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $4,978,494 +903.4% |
| 2025 | $6,203 +14.1% | $496,183 +2% |
| 2024 | $5,438 +2.5% | $486,454 +2% |
| 2023 | $5,306 +1.8% | $476,916 +2% |
| 2022 | $5,213 +1.9% | $467,565 +2% |
| 2021 | $5,114 +1% | $458,398 +1% |
| 2020 | $5,063 | $453,698 +2% |
| 2019 | $5,063 +2% | $444,802 +2% |
| 2018 | $4,963 +3.9% | $436,081 +2% |
| 2017 | $4,779 | $427,531 +2% |
| 2016 | $4,779 +2.3% | $419,149 +1.5% |
| 2015 | $4,673 +3.5% | $412,853 +2% |
| 2014 | $4,516 | $404,766 +0.5% |
| 2013 | -- | $402,937 +2% |
| 2012 | -- | $395,037 +2% |
| 2011 | -- | $387,292 +0.8% |
| 2010 | -- | $384,398 -0.2% |
| 2009 | -- | $385,312 +2% |
| 2008 | -- | $377,757 +2% |
| 2007 | -- | $370,350 +2% |
| 2006 | -- | $363,089 +2% |
| 2005 | -- | $355,970 +2% |
| 2004 | -- | $348,991 +1.9% |
| 2003 | -- | $342,595 +2% |
| 2002 | -- | $335,878 +2% |
| 2001 | $3,435 +2.6% | $329,293 +2% |
| 2000 | $3,348 | $322,837 |
Find assessor info on the county website
Neighborhood: 92661
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Nearby schools
GreatSchools rating
- 8/10Newport Elementary SchoolGrades: K-6Distance: 2 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 2.3 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 2.3 mi
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
$5,484,200
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Estimated market value
$5,484,200
- California
- Orange County
- Newport Beach
- 92661
- 425 Belvue Ln
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