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Off market
  • $15,905,500

    7 Collins Is, Newport Beach, CA 92662

    5beds
    3,498sqft
    SingleFamily
    Built in 1974
    6,098 Square Feet Lot
    $15,905,500 Zestimate®
    $4,547/sqft
    $39,580 Estimated rent

    Home value

    $15,905,500

    $14.00M - $18.13M

    $39,580/mo

    Zestimate® history
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    $39,580/mo

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    Rent Zestimate®

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    $98,435/mo

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    $98,435/mo

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    What's special

    Among the most exclusive addresses in Newport Beach, this extraordinary property is one of only eight homes on private-gated Collins Island, capturing pristine harbor views from every vantage point. The huge 6,000 sq ft lot hosts a completely reimagined residence that has recently been remodeled inside and out, with 150 linear feet on the water and two dock spaces to accommodate approx. 71' and 43' boats. A light-filled foyer beckons to three private suites and a main-level great room designed for entertaining, with Lutron controlled lighting installed throughout. Wide-plank floors and bronze finishes enhance a light, airy ambience in the gourmet kitchen and bar, equipped with the finest finishes and chef-level appliances. The Craftsman-inspired living area displays stained glass and built-ins flanking a fireplace, vanishing through bi-fold doors to a waterfront patio with a fire pit and abundant space to dine under the stars, while a unique sunroom living area proceeds through multiple doors to the patio for tranquil indoor-outdoor enjoyment. Retreat upstairs to the stunning primary suite with a sitting area and sunroom/office, private view balcony, stunning primary bath, and vaulted open-beamed ceilings. Each secondary bedroom has an en-suite bath for ultimate privacy and convenience, with one guest suite downstairs. Enjoy shops and dining within blocks on Balboa Island and Marine Ave, or take the ferry across to the Balboa Peninsula. Rare and charming, this is a legacy property unlike any other.

    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: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Electric, Gas
    Cooling
    • Central
    Features
    • Flooring: Tile, Carpet
    Interior area
    • Total interior livable area: 3,498 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 6,098 sqft
    Details
    • Parcel number: 05001008

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1974

    Community & neighborhood

    Location
    • Region: Newport Beach

    Other

    Other facts
    • CoolingSystem: Central
    • Waterfront: Yes
    • NumParkingSpaces: 2
    • RoomCount: 0
    • NumFloors: 2
    • Patio: Yes
    • ArchitectureStyle: Other
    • ViewType: Water
    • BuildingUnitCount: 0
    • PropertyName: Lower Newport Bay - Balboa Island

    Price history

    DateEventPrice
    6/3/2022Sold$12,540,000-2%$3,585/sqft
    Source: Public Record Report a problem
    5/26/2022Pending sale$12,800,000$3,659/sqft
    Source: Douglas Elliman #22123299 Report a problem
    5/20/2022Listed for sale$12,800,000$3,659/sqft
    Source: Douglas Elliman #22123299 Report a problem
    5/13/2022Contingent$12,800,000$3,659/sqft
    Source: CLAW #22-123299 Report a problem
    5/12/2022Price change$12,800,000-8.5%$3,659/sqft
    Source: CLAW #22-123299 Report a problem
    4/16/2022Price change$13,995,000-12.5%$4,001/sqft
    Source: CLAW #22-123299 Report a problem
    2/2/2022Listed for sale$15,995,000+113.3%$4,573/sqft
    Source: CLAW #22-123299 Report a problem
    10/27/2020Sold$7,500,000-11.8%$2,144/sqft
    Source: CRMLS #NP20185944 Report a problem
    10/8/2020Pending sale$8,500,000$2,430/sqft
    Source: Abrams Coastal Properties #NP20185944 Report a problem
    9/8/2020Listed for sale$8,500,000$2,430/sqft
    Source: Abrams Coastal Properties #NP20185944 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$139,832 +1.6%$13,307,548 +2%
    2024$137,670 +2.4%$13,046,616 +2%
    2023$134,466 +66.4%$12,790,800 +67.2%
    2022$80,828 -32%$7,650,000 +2%
    2021$118,899 +1934.7%$7,500,000 +1320.9%
    2020$5,844 $527,817 +2%
    2019$5,844 +2%$517,468 +2%
    2018$5,727 +3.9%$507,322 +2%
    2017$5,514 $497,375 +2%
    2016$5,514 +2.3%$487,623 +1.5%
    2015$5,392 +3.5%$480,299 +2%
    2014$5,212 $470,891 +0.5%
    2013-- $468,763 +2%
    2012-- $459,572 +2%
    2011-- $450,561 +0.8%
    2010-- $447,194 -0.2%
    2009-- $448,257 +2%
    2008-- $439,468 +2%
    2007-- $430,851 +2%
    2006-- $422,403 +2%
    2005-- $414,121 +2%
    2004-- $406,001 +1.9%
    2003-- $398,560 +2%
    2002-- $390,746 +2%
    2001$3,980 +2.6%$383,085 +2%
    2000$3,880 $375,574

    Find assessor info on the county website

    Neighborhood: 92662

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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
    $15,905,500
    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
    $15,905,500