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Sold for $2,650,000
  • Listed by: Seven Gables Real Estate • Ellen Glasser • Contact: 714-974-7000
    Bought with: Surterre Properties Inc.
    Tax assessed value
    $2,650,000

    531 Playa, Newport Beach, CA 92660

    3beds
    2,750sqft
    Single Family Residence
    Built in 1971
    3,362 Square Feet Lot
    $4,032,500 Zestimate®
    $964/sqft
    $7,580 Estimated rent

    Home value

    $4,032,500

    $3.51M - $4.72M

    $7,580/mo

    Zestimate® history
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    What's special

    Impeccably positioned in The Bluffs, this exquisite residence boasts panoramic vistas of the Back Bay and showcases unparalleled craftsmanship and luxury finishes. As you approach, you are greeted by a lush landscape leading to the gracious private courtyard and the glass front door beyond. Upon entering, you are welcomed into a seamless indoor/outdoor transition that perfectly frames breathtaking views and plush greenery. The redesigned Living Room is characterized by abundant natural light cascading through a wall of windows and numerous skylights. A serene setting invites you to the Dining Room for family or social gatherings. Retreat to the tranquil Primary Suite where relaxation awaits. The sanctuary with its generous bedroom and stunning panoramas has an entire wall of mirrored door closets and a walk-in all completed by California Closets. The ensuite has dual sinks, a glass-enclosed shower, a skylight, and a linen closet. The heart of the home is the recently reimagined chef's kitchen with high-end stainless steel appliances, a 6-burner cooktop, and soft closing drawers and doors. The eating area has a sliding door exiting to the courtyard with built-in barbeque. Two well-appointed bedrooms offer versatility and comfort accommodating family or visitors. One could create a home office with built-ins and a walk-in closet. A full bath with dual sinks and a tub accompanies. Casual living will be enjoyed in the Family Room with a wet bar and sliding doors to the patio and nature reserve greenscape beyond.The Laundry Room as well as the oversized garage have an abundance of cabinets for ample storage in both. Additional features include a freshly painted interior, a new tankless water heater, new Tesla Solar, and newer roof, HVAC, and plantation shutters. Residents enjoy private access to resort-style amenities as well as biking and hiking trails and wonderful walkways to enjoy the coastal life.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ellen Glasser DRE #01379713 714-724-1362,

    Seven Gables Real Estate

    Bought with:

    Corey Anthony, DRE #02029055

    Surterre Properties Inc.

    Source: CRMLS,MLS#: PW24071831MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Rooms
    • Room types: Entry/Foyer, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Other, Utility Room, Dining Room
    Primary bedroom
    • Features: Main Level Primary
    Primary bedroom
    • Features: Primary Suite
    Bathroom
    • Features: Bathtub, Dual Sinks, Enclosed Toilet, Linen Closet, Separate Shower, Tub Shower, Upgraded, Vanity, Walk-In Shower
    Kitchen
    • Features: Granite Counters, Pots & Pan Drawers, Remodeled, Self-closing Cabinet Doors, Self-closing Drawers, Updated Kitchen
    Heating
    • Central, ENERGY STAR Qualified Equipment, Forced Air, High Efficiency
    Cooling
    • Central Air, Electric, ENERGY STAR Qualified Equipment
    Appliances
    • Included: Convection Oven, Double Oven, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Cooktop, Disposal, Gas Water Heater, High Efficiency Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Water Softener, Tankless Water Heater, Water Heater, Warming Drawer, Dryer, Washer
    • Laundry: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
    Features
    • Beamed Ceilings, Wet Bar, Built-in Features, Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Track Lighting, Unfurnished, Bar, Main Level Primary, Primary Suite, Utility Room, Walk-In Closet(s)
    • Flooring: Carpet, See Remarks, Tile
    • Doors: Mirrored Closet Door(s), Sliding Doors
    • Windows: Custom Covering(s), Double Pane Windows, ENERGY STAR Qualified Windows, Plantation Shutters, Skylight(s)
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 2,750 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: front door
    • Patio & porch: Open, Patio, Tile
    • Exterior features: Rain Gutters
    • Pool features: Community, In Ground, Association
    • Has spa: Yes
    • Spa features: Association, Community
    • Fencing: None
    • Has view: Yes
    • View description: Bay, Back Bay, Bluff, City Lights, Courtyard, Park/Greenbelt, Meadow, Panoramic
    • Has water view: Yes
    • Water view: Bay,Back Bay
    Lot
    • Size: 3,362 Square Feet
    • Features: Sprinklers In Rear, Sprinklers In Front, Landscaped, Sprinkler System, Street Level
    Details
    • Parcel number: 44023116
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Updated/Remodeled,Termite Clearance,Turnkey
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Electric: 220 Volts in Laundry
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
    Green energy
    • Energy efficient items: Appliances, Water Heater
    • Energy generation: Solar

    Community & HOA

    Community
    • Features: Biking, Hiking, Preserve/Public Land, Street Lights, Suburban, Pool
    • Security: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
    HOA
    • Has HOA: Yes
    • Amenities included: Maintenance Grounds, Maintenance Front Yard, Pool, Spa/Hot Tub, Trail(s)
    • HOA fee: $350 monthly
    • HOA name: North Bluff Bay View
    • HOA phone: 949-429-5831
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $964/sqft
    • Tax assessed value: $2,650,000
    • Annual tax amount: $28,098
    • Date on market: 5/17/2024
    • Cumulative days on market: 26 days
    • Listing terms: Cash,Cash to New Loan
    • Inclusions: Washer, Dryer in Laundry Room, Refrigerator in Kitchen
    • Exclusions: All staging furniture and accessories
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/17/2024Sold$2,650,000-3.6%$964/sqft
    Source: CRMLS #PW24071831 Report a problem
    7/9/2024Pending sale$2,750,000$1,000/sqft
    Source: CRMLS #PW24071831 Report a problem
    6/14/2024Contingent$2,750,000$1,000/sqft
    Source: CRMLS #PW24071831 Report a problem
    5/17/2024Listed for sale$2,750,000$1,000/sqft
    Source: CRMLS #PW24071831 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$28,098 +981.5%$2,650,000 +1123.6%
    2024$2,598 +2.6%$216,577 +2%
    2023$2,533 +1.9%$212,331 +2%
    2022$2,485 +1.9%$208,168 +2%
    2021$2,438 +1%$204,087 +1%
    2020$2,413 $201,995 +2%
    2019$2,413 +1.9%$198,035 +2%
    2018$2,369 +3.8%$194,152 +2%
    2017$2,282 $190,346 +2%
    2016$2,282 +2.2%$186,614 +1.5%
    2015$2,232 +3.6%$183,811 +2%
    2014$2,156 $180,211 +0.5%
    2013-- $179,397 +2%
    2012-- $175,880 +2%
    2011-- $172,432 +0.8%
    2010-- $171,144 -0.2%
    2009-- $171,552 +2%
    2008-- $168,189 +2%
    2007-- $164,892 +2%
    2006-- $161,659 +2%
    2005-- $158,490 +2%
    2004-- $155,383 +1.9%
    2003-- $152,536 +2%
    2002-- $149,546 +2%
    2001$1,510 +2.7%$146,614 +2%
    2000$1,471 $143,740
    Find assessor info on the county website

    Neighborhood: 92660

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Eastbluff
    • 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
    $4,032,500
    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
    $4,032,500