Bay views and a large lot...what more do you need? A delightful, traditional Cape Cod-Style home sited on a sunny corner lot within the sought after seaside community of Peninsula Point. Just steps from the harbor this spacious four bedroom home is well-suited as either a primary residence or fun beach getaway. A flexible floor plan and multiple living and entertaining areas afford a sense of space not found in many beach-close homes. The first floor features separate living and dining areas and an island kitchen with adjoining den that opens to a brick courtyard perfect for BBQ's and al fresco dining. Upstairs there are four bedrooms and a large bonus/family room. The spacious primary suite enjoys its own private terrace with views of the bay. With no shortage of outdoor living space there is a wonderful roof-top deck with panoramic views in every direction, as well as a cheerful front patio perfect for entertaining and enjoying sit down views of the water front and the boats passing by. Central air, three fireplaces and an attached two car garage complete this ideal beach home. Bring your imagination - this home is ready for you to make it your own.
Sold for $4,400,000
Listed by: Coldwell Banker Realty • Tara Foster Shapiro • Contact: 949-644-1600
Bought with: Coldwell Banker Realty
$4,400,000
500 K St, Newport Beach, CA 92661
4beds
2,600sqft
Single Family Residence
Built in 1978
3,000 Square Feet Lot
$4,459,100 Zestimate®
$1,692/sqft
$8,587 Estimated rent
Home value
$4,459,100
$4.10M - $4.86M
$8,587/mo
Zestimate® history
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List your homeWhat's special
Brick courtyardIsland kitchenSunny corner lotFlexible floor planTraditional cape cod-style homeThree fireplacesSpacious four bedroom home
Zillow last checked:
Listing updated:
Listed by:
Tara Foster Shapiro DRE #01892201 949-478-7781,
Coldwell Banker Realty
Bought with:
Ryan Shippy, DRE #02222818
Coldwell Banker Realty
Source: CRMLS,MLS#: NP25068754
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Rooms
- Room types: Bonus Room, Bedroom, Den, Kitchen, Laundry, Living Room, Primary Bedroom, Other, Dining Room
Bedroom
- Features: All Bedrooms Up
Kitchen
- Features: Kitchen Island
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Zoned
Appliances
- Included: Double Oven, Dishwasher, Freezer, Disposal, Gas Range, Refrigerator, Dryer, Washer
- Laundry: Laundry Room
Features
- Built-in Features, Balcony, Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Multiple Staircases, All Bedrooms Up
- Flooring: Carpet, Wood
- Has fireplace: Yes
- Fireplace features: Den, Living Room, Primary Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,600 sqft
Property
Parking
- Total spaces: 2
- Parking features: Direct Access, Door-Single, Garage, Garage Door Opener, See Remarks
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Side of house
- Patio & porch: Patio, Rooftop, See Remarks, Terrace
- Pool features: None
- Has view: Yes
- View description: Bay, City Lights, Neighborhood
- Has water view: Yes
- Water view: Bay
- Waterfront features: Beach Access, Navigable Water, Ocean Access
Lot
- Size: 3,000 Square Feet
- Features: Corner Lot, Drip Irrigation/Bubblers
Details
- Parcel number: 04824049
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Storm Drain(s), Street Lights, Sidewalks, Urban, Water Sports, Fishing, Marina
- Subdivision: Balboa Peninsula Point (Blpp)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,692/sqft
- Tax assessed value: $1,165,634
- Annual tax amount: $12,618
- Date on market: 3/29/2025
- Cumulative days on market: 114 days
- Listing terms: Cash,Cash to New Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2025 | Sold | $4,400,000-1.7%$1,692/sqft |
Source:  CRMLS #NP25068754 Report a problem | ||
| 7/24/2025 | Pending sale | $4,475,000$1,721/sqft |
Source: CRMLS #NP25068754 Report a problem | ||
| 3/29/2025 | Listed for sale | $4,475,000+44.4%$1,721/sqft |
Source: CRMLS #NP25068754 Report a problem | ||
| 8/30/2018 | Listing removed | $3,100,000$1,192/sqft |
Source: Pacific Sotheby's International Realty #NP18187201 Report a problem | ||
| 8/2/2018 | Listed for sale | $3,100,000+67.6%$1,192/sqft |
Source: Pacific Sotheby's International Realty #NP18187201 Report a problem | ||
| 7/1/2012 | Listing removed | $1,850,000$712/sqft |
Source: HOM REAL ESTATE GROUP, INC #U12000852 Report a problem | ||
| 3/1/2012 | Price change | $1,850,000-7.3%$712/sqft |
Source: HOM Real Estate Group #U12000852 Report a problem | ||
| 9/11/2010 | Price change | $1,995,000-13.2%$767/sqft |
Source: HOM REAL ESTATE GROUP, INC #U10002297 Report a problem | ||
| 5/20/2010 | Listed for sale | $2,299,000+311.9%$884/sqft |
Source: HOM REAL ESTATE GROUP, INC #U10002297 Report a problem | ||
| 7/22/1997 | Sold | $558,080-10.7%$215/sqft |
Source: Public Record Report a problem | ||
| 10/26/1994 | Sold | $625,000$240/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,618 +1.6% | $1,165,634 +2% |
| 2024 | $12,416 +2.4% | $1,142,779 +2% |
| 2023 | $12,125 +1.7% | $1,120,372 +2% |
| 2022 | $11,921 +1.9% | $1,098,404 +2% |
| 2021 | $11,694 +1% | $1,076,867 +1% |
| 2020 | $11,582 | $1,065,826 +2% |
| 2019 | $11,582 +2.1% | $1,044,928 +2% |
| 2018 | $11,346 +3.8% | $1,024,440 +2% |
| 2017 | $10,925 | $1,004,353 +2% |
| 2016 | $10,925 +2.3% | $984,660 +1.5% |
| 2015 | $10,682 +3.4% | $969,870 +2% |
| 2014 | $10,331 | $950,872 +0.5% |
| 2013 | -- | $946,575 +2% |
| 2012 | -- | $928,015 +2% |
| 2011 | -- | $909,819 +0.8% |
| 2010 | -- | $903,020 -0.2% |
| 2009 | -- | $905,166 +2% |
| 2008 | -- | $887,418 +2% |
| 2007 | -- | $870,018 +2% |
| 2006 | -- | $852,959 +2% |
| 2005 | -- | $836,235 +2% |
| 2004 | -- | $819,839 +1.9% |
| 2003 | -- | $804,814 +2% |
| 2002 | -- | $789,034 +2% |
| 2001 | $7,871 +2.6% | $773,563 +2% |
| 2000 | $7,672 | $758,396 |
Find assessor info on the county website
Neighborhood: 92661
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GreatSchools rating
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Estimated market value
$4,459,100
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Estimated market value
$4,459,100
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