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1 Collins Island, Newport Beach, CA 92662
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1 Collins Island Newport Beach, CA 92662

$8,575,000 Sold Price as of 08/31/2020
  • 4 Beds
  • 4.5 Baths
  • 3,116 Sq.Ft.
Sold
$8,575,000 Sold Price as of 08/31/2020 Refinance Your Mortgage
Map preview of 1 Collins Island, Newport Beach, CA 92662

Property Overview: 1 Collins Island Newport Beach, CA has 4 bedrooms, 4.5 bathrooms, 3,116 living square feet and 7,003 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Few locations in Newport Harbor rival historic Collins Island for spectacular harbor views, privacy and access to all of the fun of Newport Beach. Located on the western tip of Balboa Island, across a secured bridge, lies Collins Island’s eight waterfront homes. One Collins Island is a stylish Traditional-style home with 140' of waterfrontage & 270 degree views of Newport harbor’s main channel, turning basin and Balboa Pavilion; from this vantage point you have “front row seats” to the morning crew workouts, all of boating activity of the harbor, sailing regattas, the auto-ferry, paddleboarders, spectacular sunsets and the holiday boat parades. Balboa Island, Newport’s most famous recreational playground, is out your door, swimming, sailing, strolling the waterfront boardwalk, Dad’s Donuts, and Chocolate Covered Frozen bananas are just a short walk away on Marine Ave or a Ferry ride gets you to the World Famous Fun Zone and Balboa Beaches. Ready to beacon its next owner’s Balboa memories, this well-cared for house, rich with character and style, has it all; the perfect oversized waterfront deck, hardwood floors; a big kitchen with white cabinetry and counter seating, a large waterfront living room with a fireplace, a dining area with a fireplace, a downstairs bedroom and bath, a big bayfront master suite with “jaw dropping views,” and two additional bedrooms. The extensive private pier and slip can accommodate a boat to 60 feet. Remodel, or rebuild the home of your dreams.

Listed by Steve High | BRE #00936421 | Villa Real Estate
Co-listed by Evan Corkett | BRE #00468496 | Villa Real Estate
Last checked: 12 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 173

Home details

Lot Sq. Ft
7,003
HOA Dues
$0/mo
Year built
1961
Garage
3 Car
Property Type:
Single Family Home
Status
Sold
MLS#
LG20041306
City
Newport Beach
County
Orange
Time on Site
1396 days

Virtual Tour

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Property Details for 1 Collins Island

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Dining Room, Living Room, Master Bedroom, Gas Starter
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 2
  • Flooring: Carpet, Wood
  • Main Floor Bedroom, Master Suite
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 1
Interior Features
  • Beamed Ceilings, Block Walls, Ceramic Counters, Corian Counters, Living Room Deck Attached, Open Floorplan
  • Levels: Two
  • Security Features: Automatic Gate, Gated Community
Exterior Features
Exterior Information
  • Roof: Composition
  • Boat Slip, Dock Private, Boat Slip
  • Has Fence
  • Block, Brick
  • No Spa
  • Spa Features: None
  • Has Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Patio, Wrap Around
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Assigned, Direct Garage Access, Paved, Garage, Garage Faces Front, Garage - Two Door
  • Has Attached Garage
Lot Information
  • Lot Features: Cul-De-Sac, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, Canal, City Lights, Coastline, Harbor, Marina, Ocean, Pier
  • Common Walls: 1 Common Wall
  • Total # of Units: 1
  • Parcel Number: 05001006
  • Year Built Source: Assessor
  • Architectural Style: Colonial, Traditional
  • Foundation Details: Slab
  • Property is Attached
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Collins Island
  • Association Amenities: Dock, Pier
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Collins Island (BALC)
  • Directions: PCH to Jamboree to Marine Ave to Park Avenue to Collins Island
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Fishing, Watersports, Sidewalks, Street Lights, Suburban
View more facts & features

Local Newport Beach Agent

Sale History for 1 Collins Island

Last sold for $8,575,000 on August 31st, 2020

  • August, 2020

  • Aug 31, 2020

    Date

    Sold

    CRMLS: LG20041306

    $8,575,000

    Price

  • Aug 18, 2020

    Date

    Active Under Contract

    CRMLS: LG20041306

    $9,250,000

    Price

  • Jul 1, 2020

    Date

    Price Change

    CRMLS: LG20041306

    $9,250,000

    Price

  • Feb 26, 2020

    Date

    Active

    CRMLS: LG20041306

    $9,995,000

    Price

  • August, 2020

  • Aug 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $8,575,000

    Price

  • July, 1996

  • Jul 22, 1996

    Date

    Sold (Public Records)

    Public Records

    $320,000

    Price

Show More

Tax History for 1 Collins Island

Assessed Value (2020): $3,859,364
Year Land Value Improved Value Assessed Value
2020 $3,524,274 $335,090 $3,859,364

Home Value Compared to the Market

This property vs the competition

1 Collins Island sold on August 31, 2020 for 150% higher than the current median sold price for the city of Newport Beach which is $3,700,000. The median sold price per/sqft for Newport Beach is $1,360 and this home is sold at $2968.55 per/sqft which puts the price per square foot 118.28% higher than the current median sale per square foot for the city of Newport Beach.

About 1 Collins Island

Detailed summary of property

1 Collins Island is a single family home that recently sold in Newport Beach, CA 92662. This house offered 4 bedrooms, 4.5 bathrooms, roughly 3,116 living square feet, and sits on an approximately 7,003 square foot lot. 1 Collins Island was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $8,575,000. Home in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 150% higher than the current median priced home. Local homes that are currently for sale include 1740 E Ocean Blvd, 1232 W Oceanfront and 1344 W Bay Ave. While the average home in Newport Beach, CA is selling in 73 days, 1 Collins Island has a days on market of 173 days. There are currently 293 homes for sale in the Newport Beach real estate market and 219 of them are single family homes while 63 of them are condos and 11 are townhomes. For more information on this home for sale at 1 Collins Island Newport Beach, CA 92662 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1 Collins Island

Public county record property details
Beds
4
Baths
4
Year built
1961
Sq. Ft.
3,116
Lot Size
7,003
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
1
APN
050-010-06

The source for these homes facts are from public records.

92662 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$5,495,000
Median List Price/Sq.Ft.
$2,379
Median Sold Price
$6,300,000
Median Sold Price/Sq.Ft.
$2,734
Total Inventory
11
Median Sale to List Price %
98.51%
Avg Days on Market
19
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (66.67%), Other (33.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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