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127 Pearl Ave, Newport Beach, CA 92662
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127 Pearl Ave Newport Beach, CA 92662

$2,519,000 Sold Price as of 10/23/2018
  • 3 Beds
  • 2.5 Baths
  • 2,259 Sq.Ft.
Sold
$2,519,000 Sold Price as of 10/23/2018 Refinance Your Mortgage
Map preview of 127 Pearl Ave, Newport Beach, CA 92662

Property Overview: 127 Pearl Ave Newport Beach, CA has 3 bedrooms, 2.5 bathrooms, 2,259 living square feet and 2,550 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Nestled in the 100 block of one of Balboa Island’s most serene and picturesque tree-lined streets at the "Quiet End" of the Island, this custom Cape Cod offers the feel of new-home space, design, and relaxation without the new-home price. The spacious floor plan offers 3 bedrooms plus a large upstairs family room, 3 baths, and eye-popping finishes throughout. Beautifully remodeled in 2011, no detail was left untouched. The first floor includes a deluxe gourmet kitchen with island, granite countertops, limestone backsplash, high-end stainless steel appliances, and tongue & groove ceilings along with a large living room with fireplace, dining room, outdoor patio & more. The second level offers master bedroom and bath suite, over-sized family room with vaulted ceilings and skylights, serene and private patio for relaxation and light, plus two guest rooms, bath and laundry. The exquisite elevated front patio with authentic stone flooring and built-in ceiling heaters offers the outdoor living and beach relaxation that locals rave about. Enjoy the Island lifestyle NOW!

Listed by Donald Abrams | BRE #01234323 | Abrams Coastal Properties
Last checked: 40 seconds ago | Last updated: September 18th, 2021 | Source CRMLS | DOM: 103

Home details

Lot Sq. Ft
2,550
HOA Dues
$0/mo
Year built
1984
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP18112429
City
Newport Beach
County
Orange
Time on Site
1127 days

Property Details for 127 Pearl Ave

Interior Features
Cooling Information
  • Has Cooling
  • Whole House Fan
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen, Separated
  • Flooring: Carpet, Wood
  • All Bedrooms Up, Great Room, Living Room, Walk-In Pantry
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Dishwasher, Gas Range, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater, Trash Compactor
  • Granite Counters, Kitchen Island
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
Interior Features
  • Balcony, Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Pantry, Recessed Lighting, Wired for Sound
  • Levels: Two
  • Window Features: Blinds, Double Pane Windows, Shutters, Skylight(s), Stained Glass
  • Door Features: French Doors
Exterior Features
Exterior Information
  • Roof: Shingle, Slate
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Enclosed, Patio, Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 2
  • Has Attached Garage
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Bay, City Lights, Harbor
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 05004224
  • Year Built Source: Assessor
  • Architectural Style: Cape Cod
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Directions: Marine Ave to Park (go right) to Pearl Avenue. Pearl is one way street, property will be on your left.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Newport Beach Agent

Sale History for 127 Pearl Ave

Last sold on October 18th, 2019

  • October, 2019

  • Oct 18, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2018

  • Oct 24, 2018

    Date

    Sold

    CRMLS: NP18112429

    $2,519,000

    Price

  • Oct 18, 2018

    Date

    Pending

    CRMLS: NP18112429

    $2,639,000

    Price

  • Oct 4, 2018

    Date

    Active Under Contract

    CRMLS: NP18112429

    $2,639,000

    Price

  • Aug 31, 2018

    Date

    Price Change

    CRMLS: NP18112429

    $2,639,000

    Price

  • Jun 21, 2018

    Date

    Active

    CRMLS: NP18112429

    $2,675,000

    Price

  • October, 2018

  • Oct 23, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,519,000

    Price

  • May, 2018

  • May 15, 2018

    Date

    Canceled

    CRMLS: OC18057473

    $2,698,000

    Price

  • Mar 13, 2018

    Date

    Active

    CRMLS: OC18057473

    $2,698,000

    Price

  • Listing provided courtesy of CRMLS

    Pearl Avenue is a beautiful, tree-lined, quiet street on Balboa Island. Past the Ferry Landing, the Island quiets down and there is less traffic and parking issues! This custom Island home is located in the prime 100 block of Pearl. An original home was built here in 1984, however in 2011 a complete redo and remodel of the home was done, estimated at over $1/2 million! The raised Stone Front Porch with BBQ, Fire Pit Table, The upstairs veranda has room for relaxing and enjoying the atmosphere only found on the quiet part of the Island. The large gourmet kitchen has custom granite counter tops, an Island with room for several bar stools and seating arrangements. The spacious living room has a fireplace. The second level has three bedrooms, a large open family room area with vaulted ceilings and skylights, convenient laundry room, and access to the sunny deck from the front bedrooms. Additional amenities include walnut hardwood floors on the main level, Surround Sound on the first floor and front patio, French doors, Ceiling Fans, and a Private Interior Courtyard that makes the entire downstairs light and bright. Garage has been separated, one side enclosed, the other open for a Golf Cart, etc. Again, this home was completely remodeled about 6 years ago, is very maintained and shows well. Check out the 18's Mooring for an 18' Boat at the end of Pearl, great location, that is negotiable. Make us an offer!

  • March, 2018

  • Mar 23, 2018

    Date

    Canceled

    CRMLS: OC17279537

    $2,749,000

    Price

  • Mar 12, 2018

    Date

    Withdrawn

    CRMLS: OC17279537

    $2,749,000

    Price

  • Feb 17, 2018

    Date

    Price Change

    CRMLS: OC17279537

    $2,749,000

    Price

  • Jan 26, 2018

    Date

    Price Change

    CRMLS: OC17279537

    $2,788,000

    Price

  • Jan 23, 2018

    Date

    Price Change

    CRMLS: OC17279537

    $2,849,000

    Price

  • Dec 27, 2017

    Date

    Active

    CRMLS: OC17279537

    $2,880,000

    Price

  • Listing provided courtesy of CRMLS

    Pearl Avenue is a beautiful, tree-lined, quiet street on Balboa Island. Past the Ferry Landing, the Island quiets down and there is less traffic and parking issues! This custom Island home is located in the prime 100 block of Pearl. Two sunny outdoor seating/dining areas. The raised Stone Front Porch with BBQ, Fire Pit Table, Lounges, Bar and 4 stools. The upstairs veranda has room for relaxing and enjoying the atmosphere only found on the quiet part of the Island. The large gourmet kitchen has custom granite counter tops, tumbled Chateau limestone back splash, custom cabinetry, a 6-burner range, wine fridge and a beautiful stained glass privacy window over the sink. There is a large convenient Island with room for several bar stools and seating arrangements. The spacious living room has a fireplace with a raised Hearth and a Bar area. The second level has three bedrooms, a large open family room area with vaulted ceilings and skylights, convenient laundry room, and access to the sunny deck from the front bedrooms. Additional amenities include walnut hardwood floors on the main level, Surround Sound on the first floor and front patio, French doors, Ceiling Fans, and a Private Interior Courtyard that makes the entire downstairs light and bright. Garage has storage and a Tankless Water Heater. This home was completely remodeled about 5 years ago, very well maintained and upgraded. Property includes a boat/shore mooring at the end of the street for an 18 foot boat.

  • January, 2018

  • Jan 12, 2018

    Date

    Canceled

    CRMLS: OC17232349

    $3,150,000

    Price

  • Dec 4, 2017

    Date

    Withdrawn

    CRMLS: OC17232349

    $3,150,000

    Price

  • Dec 2, 2017

    Date

    Hold

    CRMLS: OC17232349

    $3,150,000

    Price

  • Nov 15, 2017

    Date

    Price Change

    CRMLS: OC17232349

    $3,150,000

    Price

  • Oct 10, 2017

    Date

    Active

    CRMLS: OC17232349

    $3,200,000

    Price

  • Listing provided courtesy of CRMLS

    Pearl Avenue is one of the most beautiful, tree-lined, quiet street on Balboa Island. Past the Ferry Landing, the Island quiets down and there is less traffic and parking issues! This custom Island home is located in the prime 100 block of Pearl, the best area. Enjoy this tree-lined street from two Outdoor seating/dining areas that this home has to offer. The raised Stone Front Porch with BBQ, Fire Pit Table, Lounges, Bar and 4 stools. The upstairs veranda has room for relaxing and enjoying the atmosphere only found on the quiet part of the Island. The large gourmet kitchen has custom granite counter tops, tumbled Chateau limestone back splash, custom cabinetry, a 6-burner range, wine fridge and a beautiful stained glass privacy window over the sink. There is a large convenient Island with room for several seating arrangements. The spacious living room has a fireplace with a raised Hearth and a Bar area. The second level has three bedrooms, a large open family room area with vaulted ceilings and skylights, convenient laundry room, and access to the sunny deck from the front bedrooms. Additional amenities include walnut hardwood floors on the main level, Surround Sound on the first floor and front patio, French doors, Ceiling Fans, and a Private Interior Courtyard that makes the entire downstairs light and bright. Garage has storage and a Tankless Water Heater. This home was completely remodeled about 5 years ago, very well maintained and still looks like a NEW HOME.

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Tax History for 127 Pearl Ave

Assessed Value (2020): $2,519,000
Year Land Value Improved Value Assessed Value
2020 $2,225,036 $293,964 $2,519,000

Home Value Compared to the Market

This property vs the competition

127 Pearl Ave sold on October 23, 2018 for 28.68% lower 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 $1168.22 per/sqft which puts the price per square foot 14.1% lower than the current median sale per square foot for the city of Newport Beach.

About 127 Pearl Ave

Detailed summary of property

127 Pearl Ave is a single family home that recently sold in Newport Beach, CA 92662. This house offered 3 bedrooms, 2.5 bathrooms, roughly 2,259 living square feet, and sits on an approximately 2,550 square foot lot. 127 Pearl Ave was first listed on ArdentRealEstateGroup.com on April 7, 2021. The homeowner sold the property for $2,519,000. 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 28.68% lower than the current median priced home. Local homes that are currently for sale include 2600 Newport Blvd #210, 1953 Vista Del Oro and 1967 Vista Del Oro. While the average home in Newport Beach, CA is selling in 73 days, 127 Pearl Ave has a days on market of 103 days. There are currently 275 homes for sale in the Newport Beach real estate market and 208 of them are single family homes while 54 of them are condos and 13 are townhomes. For more information on this home for sale at 127 Pearl Ave 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 127 Pearl Ave

Public county record property details
Beds
3
Baths
2
Year built
1984
Sq. Ft.
2,752
Lot Size
2,550
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
16
APN
050-042-24

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
$4,850,000
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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