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Sold for $6,450,000
  • Listed by: Compass • Tara McNabb • Contact: 949-500-3910
    Bought with: Coldwell Banker Realty
    $6,450,000

    520 W Oceanfront, Newport Beach, CA 92661

    4beds
    2,303sqft
    Single Family Residence
    Built in 1981
    2,100 Square Feet Lot
    $7,220,200 Zestimate®
    $2,801/sqft
    $7,694 Estimated rent

    Home value

    $7,220,200

    $6.57M - $8.01M

    $7,694/mo

    Zestimate® history
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    What's special

    White brick fireplaceCatalina islandPanoramic viewsOversized showerBay windowStone countertopsCustom oceanfront home
    Imprint your own personal style at this custom oceanfront home on the edge of the sand in Newport Beach. Offering phenomenal beach, ocean, Catalina Island and pier views from both levels, the meticulously maintained residence is bright, open and ready for upgrades. Cape Cod influences are enjoyed inside and out, included a Dutch entry door, traditional-style woodwork, large windows and vaulted open-beam ceilings. A white brick fireplace graces the living room, which opens to a spacious brick patio with built-in BBQ and panoramic views. Views are also enjoyed from the dining room, and another fireplace warms an intimate family room. The kitchen is truly the heart of this home and hosts stone countertops, a breakfast/appetizer bar, stainless steel appliances and a built-in Sub-Zero refrigerator. Four bedrooms and three baths are featured, including a main-level bedroom that is perfect for guests or use as an office or den. Approximately 2,303 square feet, the elegant design features a subterranean garage with ample storage and parking for two large SUVs. On the top floor, two secondary bedrooms share a bath, and the ocean-view primary suite presents two decks, a sitting area with bay window, a walk-in closet with built-ins, and an oversized shower with granite surrounds. Located on a corner site along the Balboa Peninsula, this beautiful home is only blocks from the Newport Harbor Yacht Club, Balboa’s Fun Zone, cafés, restaurants, shops and recreation.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tara McNabb DRE #01871729 949-500-3910,

    Compass

    Bought with:

    Kimberly Bibb, DRE #01210754

    Coldwell Banker Realty

    Tara Bunker, DRE #01827846

    Coldwell Banker Realty

    Source: CRMLS,MLS#: OC23115199MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Family Room, Primary Bathroom, Primary Bedroom
    Bedroom
    • Features: Bedroom on Main Level
    Cooling
    • None
    Appliances
    • Laundry: In Garage
    Features
    • Bedroom on Main Level
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,303 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: main
    • Pool features: None
    • Has view: Yes
    • View description: Catalina, Coastline, Ocean, Panoramic
    • Has water view: Yes
    • Water view: Coastline,Ocean
    Lot
    • Size: 2,100 Square Feet
    • Features: Paved
    Details
    • Parcel number: 04807305
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Sidewalks, Water Sports
    • Subdivision: Balboa Peninsula (Residential) (Balp)
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $2,801/sqft
    • Tax assessed value: $6,579,000
    • Annual tax amount: $69,336
    • Date on market: 6/28/2023
    • Cumulative days on market: 50 days
    • Listing terms: Cash,Cash to Existing Loan

    Price history

    DateEventPrice
    9/18/2023Sold$6,450,000-3.7%$2,801/sqft
    Source: CRMLS #OC23115199 Report a problem
    9/18/2023Pending sale$6,700,000$2,909/sqft
    Source: CRMLS #OC23115199 Report a problem
    8/18/2023Contingent$6,700,000$2,909/sqft
    Source: CRMLS #OC23115199 Report a problem
    8/2/2023Listed for sale$6,700,000+5.5%$2,909/sqft
    Source: CRMLS #OC23115199 Report a problem
    3/10/2023Sold$6,350,000-2.2%$2,757/sqft
    Source: Public Record Report a problem
    3/6/2023Pending sale$6,495,000$2,820/sqft
    Source: CRMLS #NP23020580 Report a problem
    2/8/2023Listed for sale$6,495,000+188.7%$2,820/sqft
    Source: CRMLS #NP23020580 Report a problem
    12/13/2000Sold$2,250,000+66.7%$977/sqft
    Source: Public Record Report a problem
    4/14/1998Sold$1,350,000$586/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$69,336 +1.6%$6,579,000 +2%
    2024$68,260 -9.3%$6,450,000 +97.9%
    2023$75,243 +121.5%$3,258,761 +2%
    2022$33,971 +2%$3,194,864 +2%
    2021$33,319 +1%$3,132,220 +1%
    2020$33,000 $3,100,103 +2%
    2019$33,000 +2.1%$3,039,317 +2%
    2018$32,313 +3.9%$2,979,723 +2%
    2017$31,108 $2,921,298 +2%
    2016$31,108 +2.3%$2,864,018 +1.5%
    2015$30,407 +3.4%$2,820,998 +2%
    2014$29,412 $2,765,739 +0.5%
    2013-- $2,753,240 +2%
    2012-- $2,699,255 +2%
    2011-- $2,646,329 +0.8%
    2010-- $2,626,552 -0.2%
    2009-- $2,632,793 +2%
    2008-- $2,581,170 +2%
    2007-- $2,530,559 +2%
    2006-- $2,480,941 +2%
    2005-- $2,432,296 +2%
    2004-- $2,384,604 +1.9%
    2003-- $2,340,900 +2%
    2002-- $2,295,000 +2%
    2001$22,922 +61%$2,250,000 +60.4%
    2000$14,240 $1,402,515
    Find assessor info on the county website

    Neighborhood: 92661

    Nearby schools

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    Estimated market value
    $7,220,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $7,220,200