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Off market
  • $2,243,700

    487 62nd St, Newport Beach, CA 92663

    3beds
    1,167sqft
    SingleFamily
    Built in 1960
    2,718 Square Feet Lot
    $2,243,700 Zestimate®
    $1,923/sqft
    $7,769 Estimated rent

    Home value

    $2,243,700

    $2.02M - $2.54M

    $7,769/mo

    Zestimate® history
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    $14,024/mo

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    What's special

    This is the lowest priced single-family residence on the Peninsula. This one-story beach bungalow located in the back of the enclave has one of the best locations in the desirable and highly sought-after Newport Shores community. It can have a three-bedroom layout, or you can leave it as a two-bedroom with two full bathrooms. You enter into a bright and open interior to find a large living area with high ceilings and newer travertine floors. The master suite has a private patio along with an attached master bath. The remodeled kitchen includes granite countertops, newer appliances, and is open to the dining area--making it perfect for entertaining. There is also a separate living area in the back of the home that overlooks the back patio. The whole house has been freshly painted and is turnkey-ready. There's a two-car attached garage and ample street parking as well. The home is located just a stone's throw away from world-class beaches and surf breaks. Newport Shores includes a community pool with a private beach and barbecues, tennis courts, volleyball, and very low HOA fees. You are just blocks away from Newport Beach's best restaurants, shopping, and all that Newport has to offer. Come check it out before it's gone.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric, Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Microwave, Range / Oven, Refrigerator
    • Laundry: Washer Hookup, In Garage, Gas & Electric Dryer Hookup
    Features
    • Granite Counters, Open Floorplan, Crown Molding, High Ceilings
    • Flooring: Carpet, Hardwood
    • Doors: Insulated Doors, Sliding Doors
    • Windows: Screens, Double Pane Windows, Skylight(s)
    • Basement: Unfinished
    • Fireplace features: Living Room, Gas, Gas Starter
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,167 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Accessibility
    • Accessibility features: No Interior Steps
    Features
    • Levels: One
    • Patio & porch: Slab, Patio Open, Concrete, Patio, Front Porch
    • Exterior features: Stucco, Cement / Concrete
    • Pool features: In Ground, Association
    • Spa features: Association
    • Fencing: Excellent Condition, Stucco Wall
    • Has view: Yes
    • View description: City
    Lot
    • Size: 2,718 Square Feet
    • Features: Level with Street, Landscaped, Patio Home, Close to Clubhouse, Zero Lot Line, 0-1 Unit/Acre
    Details
    • Parcel number: 04506626
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary, Bungalow
    Condition
    • Updated/Remodeled
    • Year built: 1960

    Utilities & green energy

    • Electric: 220 Volts in Garage
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Connected, Phone Connected, Sewer Connected, Natural Gas Connected, Cable Connected

    Community & HOA

    HOA
    • Has HOA: Yes
    • Amenities included: Pool
    • HOA fee: $43 monthly
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $1,923/sqft
    • Tax assessed value: $1,367,057
    • Annual tax amount: $14,728
    • Road surface type: Paved, Maintained

    Price history

    DateEventPrice
    1/28/2020Sold$1,250,000-3.8%$1,071/sqft
    Source: CRMLS #LG19169618 Report a problem
    10/27/2019Pending sale$1,300,000$1,114/sqft
    Source: First Team Estates #LG19169618 Report a problem
    10/4/2019Price change$1,300,000-1.9%$1,114/sqft
    Source: First Team Estates #LG19169618 Report a problem
    9/3/2019Price change$1,325,000-1.9%$1,135/sqft
    Source: First Team Estates #LG19169618 Report a problem
    8/30/2019Price change$1,349,995+0%$1,157/sqft
    Source: First Team Estates #LG19169618 Report a problem
    8/16/2019Price change$1,349,9900%$1,157/sqft
    Source: First Team Estates #LG19169618 Report a problem
    8/9/2019Price change$1,349,9950%$1,157/sqft
    Source: First Team Estates #LG19169618 Report a problem
    7/18/2019Listed for sale$1,349,999$1,157/sqft
    Source: First Team Estates #LG19169618 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,728 +1.6%$1,367,057 +2%
    2024$14,494 +2.4%$1,340,252 +2%
    2023$14,154 +1.7%$1,313,973 +2%
    2022$13,918 +1.9%$1,288,209 +2%
    2021$13,652 -22.8%$1,262,950 +326.8%
    2020$17,686 +419.9%$295,881 +2%
    2019$3,402 +2%$290,080 +2%
    2018$3,336 -13.3%$284,393 +2%
    2017$3,847 $278,817 +2%
    2016$3,847 +2.1%$273,350 +1.5%
    2015$3,766 +2.7%$269,245 +2%
    2014$3,667 $263,971 +0.5%
    2013-- $262,778 +2%
    2012-- $257,626 +2%
    2011-- $252,575 +0.8%
    2010-- $250,688 -0.2%
    2009-- $251,285 +2%
    2008-- $246,358 +2%
    2007-- $241,528 +2%
    2006-- $236,793 +2%
    2005-- $232,150 +2%
    2004-- $227,599 +1.9%
    2003-- $223,428 +2%
    2002-- $219,048 +2%
    2001$2,201 +2.6%$214,753 +2%
    2000$2,145 $210,543
    Find assessor info on the county website

    Neighborhood: 92663

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Whittier
    • Middle: Horace Ensign
    • High: Newport Harbor
    • District: Newport Mesa Unified

    Source: The MLS. 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
    $2,243,700
    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
    $2,243,700