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Off market
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  • $6,857,500

    501 K St, Newport Beach, CA 92661

    4beds
    3,188sqft
    SingleFamily
    Built in 1998
    3,000 Square Feet Lot
    $6,857,500 Zestimate®
    $2,151/sqft
    $7,583 Estimated rent

    Home value

    $6,857,500

    $6.17M - $7.68M

    $7,583/mo

    Zestimate® history
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    $43,266/mo

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    $43,266/mo

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    What's special

    Sun-filled California Mediterranean-style home on a large (3,000sft) corner lot within the charming beach community of Balboa Peninsula Point. Sited three doors from the bay, capturing views of the harbor and city lights, this completely remodeled home spans approximately 3,200 interior square feet and encompasses four spacious bedrooms, three and one-half baths and a large upstairs game/media room. Thoughtfully appointed interiors showcase casual coastal appeal with artisan stone and millwork, custom built-ins and an expansive gourmet kitchen with a full complement of professional-grade appliances and a large walk-in pantry. With a welcoming open floor plan the kitchen and adjoining great room lead to the more formal living and dining room spaces. French doors open to a sunny patio with views to the bay, creating a perfect venue for stylish indoor/outdoor entertaining. Upstairs the inviting master suite offers his/hers walk in closets, relaxing spa bath with soaking tub, his/her vanity areas, separate shower, and romantic bay view terrace. Three additional guest rooms and a large media room complete the upper level. Additional amenities include separate laundry room, abundant storage and two car garage with separate third car parking pad. With a thoughtfully conceived floor plan affording space not often found in such a beach-close location 501 K Street provides the perfect backdrop for an abundance of friends and family to come together at the beach.

    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: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,188 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached, Off-street
    Features
    • Has view: Yes
    • View description: Water, City
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 3,000 Square Feet
    Details
    • Parcel number: 04823324

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Tile
    Condition
    • Year built: 1998

    Community & HOA

    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $2,151/sqft
    • Tax assessed value: $3,829,931
    • Annual tax amount: $40,532

    Price history

    DateEventPrice
    5/11/2017Sold$3,300,000-5.6%$1,035/sqft
    Source: Public Record Report a problem
    3/30/2017Pending sale$3,495,000$1,096/sqft
    Source: HOM Sotheby's International Realty #NP17035225 Report a problem
    2/21/2017Listed for sale$3,495,000+16.7%$1,096/sqft
    Source: HOM Sotheby's International Re #NP17035225 Report a problem
    10/16/2008Listing removed$2,995,000$939/sqft
    Source: Listhub #U8001556 Report a problem
    7/13/2008Price change$2,995,000-6.4%$939/sqft
    Source: Listhub #U8001556 Report a problem
    7/2/2008Listed for sale$3,200,000+106.5%$1,004/sqft
    Source: Listhub #U8001556 Report a problem
    5/14/2003Sold$1,550,000$486/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$40,532 +1.6%$3,829,931 +2%
    2024$39,902 +2.4%$3,754,835 +2%
    2023$38,970 +1.7%$3,681,211 +2%
    2022$38,327 +2%$3,609,031 +2%
    2021$37,591 +1%$3,538,266 +1%
    2020$37,231 $3,501,986 +2%
    2019$37,231 +2.1%$3,433,320 +2%
    2018$36,455 +76%$3,366,000 +74%
    2017$20,716 $1,934,300 +2%
    2016$20,716 +2.3%$1,896,373 +1.5%
    2015$20,251 +3.4%$1,867,888 +2%
    2014$19,588 $1,831,299 +0.5%
    2013-- $1,823,023 +9%
    2012-- $1,673,025
    2011-- $1,673,025
    2010-- $1,673,025 -0.2%
    2009-- $1,677,000 -1.9%
    2008-- $1,709,091 +2%
    2007-- $1,675,580 +2%
    2006-- $1,642,726 +2%
    2005-- $1,610,516 +2%
    2004-- $1,578,938 +24.1%
    2003-- $1,271,857 +2%
    2002-- $1,246,919 +2%
    2001$12,497 +2.6%$1,222,470 +2%
    2000$12,182 $1,198,500
    Find assessor info on the county website

    Neighborhood: 92661

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Newport
    • Middle: 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
    $6,857,500
    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
    $6,857,500