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Sold for $1,825,000
  • Listed by: EQTY Forbes Global Properties • Tara Foster Shapiro • 949-438-4908
    Bought with: Luxe Real Estate
    $1,825,000

    507 Avenida Lorenzo, Newport Beach, CA 92660

    3beds
    1,754sqft
    Single Family Residence
    Built in 1964
    2,402 Square Feet Lot
    $2,240,700 Zestimate®
    $1,040/sqft
    $7,136 Estimated rent

    Home value

    $2,240,700

    $2.04M - $2.49M

    $7,136/mo

    Zestimate® history
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    What's special

    Club housePrivate two car garageFashion islandCommunity poolsExpansive primary suite areaScenic viewsGlass doors
    Delightful open, single level living on a beautifully landscaped greenbelt within the highly desirable "Bluffs" community located in prime Newport Beach. A charming and lovingly cared for expanded three bedroom, two bath end unit home that affords privacy, a premium cul-de-sac location, and perhaps the most coveted floor plan within "the Bluffs" enclave. Setting the stage, a welcoming private gated courtyard serves as a fluent transition to the home's entry. Here stunning, light-filled principal living, dining, and kitchen areas all flow together seamlessly and are highlighted by dramatic vaulted, beamed ceilings and scenic views. The cheerful kitchen features updated granite counters, stainless appliances, abundant storage, and a convenient breakfast bar eating area. Glass doors slide open to reveal a generous back patio area, perfectly proportioned for al fresco dining and entertaining while enjoying glorious greenbelt views. The expansive primary suite area boasts vaulted ceilings, custom built-ins, dressing area, and separate dual vanity areas. An additional guest bedroom and bath, a beautifully appointed third bedroom/office with abundant custom built-ins, and the laundry/utility room complete the home's interior. There is also direct access to your private two car garage with room for storage. Enjoy “The Bluffs” lifestyle with community pools, barbeque areas, hiking and biking trails, club house, on-site management, and evening security. Located just minutes away from John Wayne Airport, Fashion Island, Balboa Island, and some of the best beaches in all of Southern California, this is an amenity-rich lifestyle opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tara Foster Shapiro DRE #01892201 949-438-4908,

    EQTY Forbes Global Properties

    Bought with:

    Paul Daftarian, DRE #01317949

    Luxe Real Estate

    Sahand Zargari, DRE #01985671

    Luxe Real Estate

    Source: CRMLS,MLS#: NP23228168MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom, Entry/Foyer, Great Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Office, Other, Utility Room, Dining Room
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Dual Sinks, Linen Closet, Tub Shower, Vanity
    Kitchen
    • Features: Granite Counters, Updated Kitchen
    Heating
    • Central, Forced Air
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Dishwasher, Freezer, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Dryer, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Beamed Ceilings, Breakfast Bar, Separate/Formal Dining Room, Granite Counters, High Ceilings, Open Floorplan, See Remarks, Bar, Bedroom on Main Level, Dressing Area, Main Level Primary, Utility Room
    • Windows: Plantation Shutters
    • Has fireplace: Yes
    • Fireplace features: Great Room, Masonry
    • Common walls with other units/homes: 1 Common Wall,End Unit
    Interior area
    • Total interior livable area: 1,754 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Driveway, Garage Faces Front, Garage, Off Street
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: No Stairs
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Courtyard
    • Patio & porch: Patio, See Remarks
    • Pool features: Community, Heated, In Ground, Association
    • Has view: Yes
    • View description: Park/Greenbelt, Neighborhood
    Lot
    • Size: 2,402 Square Feet
    • Features: Corner Lot, Cul-De-Sac, Front Yard, Landscaped, Level
    Details
    • Parcel number: 44034408
    • Zoning: R-1
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    • Attached to another structure: Yes
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Hiking, Park, Street Lights, Sidewalks, Urban, Pool
    • Subdivision: Bluffs Original (Bori)
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Maintenance Grounds, Meeting Room, Management, Outdoor Cooking Area, Barbecue, Playground, Pool, Pets Allowed, Trail(s)
    • HOA fee: $535 monthly
    • HOA name: Bluffs HOA
    • HOA phone: 949-759-1200
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $1,040/sqft
    • Tax assessed value: $1,898,730
    • Date on market: 12/19/2023
    • Cumulative days on market: 31 days
    • Listing terms: Cash,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    2/15/2024Sold$1,825,000-1.4%$1,040/sqft
    Source: CRMLS #NP23228168 Report a problem
    1/23/2024Pending sale$1,850,000$1,055/sqft
    Source: CRMLS #NP23228168 Report a problem
    1/2/2024Listed for sale$1,850,000$1,055/sqft
    Source: CRMLS #NP23228168 Report a problem
    12/26/2023Contingent$1,850,000$1,055/sqft
    Source: CRMLS #NP23228168 Report a problem
    12/19/2023Listed for sale$1,850,000$1,055/sqft
    Source: CRMLS #NP23228168 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,898,730 +2%
    2025$19,910 +138.8%$1,861,500 +151.4%
    2024$8,336 +4.3%$740,420 +2%
    2023$7,990 +2.7%$725,902 +2%
    2022$7,780 +2%$711,669 +2%
    2021$7,631 +1%$697,715 +1%
    2020$7,557 $690,561 +2%
    2019$7,557 +2.1%$677,021 +2%
    2018$7,404 +3.9%$663,747 +2%
    2017$7,129 $650,733 +2%
    2016$7,129 +2.3%$637,974 +1.5%
    2015$6,970 +3.4%$628,392 +2%
    2014$6,738 $616,083 +0.5%
    2013-- $613,299 +2%
    2012-- $601,274 +2%
    2011-- $589,485 +0.8%
    2010-- $585,080 -0.2%
    2009-- $586,471 +2%
    2008-- $574,972 +2%
    2007-- $563,699 +2%
    2006-- $552,647 +2%
    2005-- $541,811 +2%
    2004-- $531,188 +1.9%
    2003-- $521,453 +11.4%
    2002-- $468,000 +5.2%
    2001$4,537 +11.9%$445,000 +11.3%
    2000$4,056 $400,000
    Find assessor info on the county website

    Neighborhood: 92660

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: East Bluff
    • Middle: Corona Del Mar
    • High: Corona Del Mar

    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
    $2,240,700
    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
    $2,240,700