2278 Channel Rd, Newport Beach, CA 92661
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2278 Channel Rd Newport Beach, CA 92661

$7,800,000 Sold Price as of 04/09/2021
  • 4 Beds
  • 4 Baths
  • 3,300 Sq.Ft.
Sold
$7,800,000 Sold Price as of 04/09/2021 Refinance Your Mortgage

Map preview of 2278 Channel Rd, Newport Beach, CA 92661

Property Overview: 2278 Channel Rd Newport Beach, CA has 4 bedrooms, 4 bathrooms, 3,300 living square feet and 3,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The perfect seaside paradise ideally located on the world class Peninsula Point, this LUXURY BAY FRONT home exemplifies the enviable coastal lifestyle with its warm contemporary design and sweeping channel, ocean and CDM cliff-cape views, being the ONLY Bayfront which ALSO has a view of THE WEDGE waves & home to the hottest surf spot in the USA. Enter through a private courtyard as the soothing sound of the garden waterfall welcomes you to the 2-story atrium. The entryway is adorned w/20 FT CEILINGS with natural light flowing seamlessly to the main floor, with bay views from every nook of relaxation thanks to the glass bay wall. The kitchen features sleek modern cabinetry and top-of-the-line appliances, and a casual breakfast bar. A main floor office can double as a bedroom. A sunken living room looks out onto the bay front patio, where an oversized spa & waterfall accompany a private dock for your Duffy or vessel. A roughly 20-foot indoor water-feature and aquarium top-off the nautical living space, while the modern staircase whisks you upstairs, where you'll find 3 ensuite bedrooms. The luxurious master will ensure a restful night's sleep w/dual fireplace, soaking tub & large walk-in closet, while a coffee/wet bar & private waterfront balcony w/bay views await you for relaxing. Ideal for entertaining the 1200 sq.ft. rooftop deck features panoramic water views of the Wedge beach, bay and coastline. A built-in BBQ are the cherry on top for your endless summer gatherings.

Listed by Lisa Helou | BRE #00624164 | Coldwell Banker Realty
Co-listed by Giovanne Helou | BRE #02068352 | Coldwell Banker Realty
Last checked: 14 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 199

Home details

Lot Sq. Ft
3,500
HOA Dues
$0/mo
Year built
2003
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC20149863
City
Newport Beach
County
Orange
Time on Site
1353 days

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Property Details for 2278 Channel Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Living Room, Master Bedroom, Gas
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, In Living Room
  • Flooring: Carpet, Stone, Wood
  • Bonus Room, Entry, Family Room, Foyer, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Office, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Barbecue, Built-In Range, Dishwasher, Freezer, Gas Oven, Refrigerator, Water Heater
  • Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 4
Interior Features
  • Balcony, Bar, Built-in Features, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Storage, Sunken Living Room, Two Story Ceilings, Wet Bar
  • Levels: Two
  • Window Features: Custom Covering
  • Security Features: Fire Sprinkler System, Security System, Smoke Detector(s)
Exterior Features
Exterior Information
  • Barbecue Private, Dock Private
  • Has Fence
  • Block, Privacy
  • Has Spa
  • Spa Features: Private, Heated, In Ground
  • Has Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Covered, Patio, Roof Top, Stone
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Boat, Direct Garage Access, Garage
  • Has Attached Garage
Lot Information
  • Lot Features: Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04829311
  • Year Built Source: Assessor
  • Architectural Style: Contemporary, Custom Built, Modern
  • Property is not Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula Point (BLPP)
  • Directions: Balboa Blvd turns into Channel Rd where the house is the sixth bay-front property from the Wedge beach.
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
Neighborhood Information
  • Community Features: Biking, Curbs, Fishing, Watersports, Street Lights
View more facts & features

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Sale History for 2278 Channel Rd

Last sold for $7,800,000 on April 9th, 2021
  • April, 2021

  • Apr 12, 2021

    Date

    Sold

    CRMLS: OC20149863

    $7,800,000

    Price

  • Mar 8, 2021

    Date

    Active Under Contract

    CRMLS: OC20149863

    $8,595,000

    Price

  • Feb 11, 2021

    Date

    Price Change

    CRMLS: OC20149863

    $8,595,000

    Price

  • Dec 1, 2020

    Date

    Price Change

    CRMLS: OC20149863

    $9,750,000

    Price

  • Aug 20, 2020

    Date

    Active

    CRMLS: OC20149863

    $10,500,000

    Price

  • Aug 19, 2020

    Date

    Hold

    CRMLS: OC20149863

    $10,500,000

    Price

  • Jul 28, 2020

    Date

    Coming Soon

    CRMLS: OC20149863

    $10,500,000

    Price

  • July, 2008

  • Jul 22, 2008

    Date

    Sold (Public Records)

    Public Records

    $7,100,000

    Price

  • July, 2008

  • Jul 22, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2278 Channel Rd

Assessed Value (2020): $6,630,000
Year Land Value Improved Value Assessed Value
2020 $6,119,266 $510,734 $6,630,000

Home Value Compared to the Market

This property vs the competition

2278 Channel Rd sold on April 9, 2021 for 132.3% 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 $2604.55 per/sqft which puts the price per square foot 91.51% higher than the current median sale per square foot for the city of Newport Beach.

About 2278 Channel Rd

Detailed summary of property

2278 Channel Rd is a single family home that recently sold in Newport Beach, CA 92661. This house offered 4 bedrooms, 4 bathrooms, roughly 3,300 living square feet, and sits on an approximately 3,500 square foot lot. 2278 Channel Rd was first listed on ArdentRealEstateGroup.com on August 20, 2020. The homeowner sold the property for $7,800,000. 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 132.3% higher than the current median priced home. Local homes that are currently for sale include 417 E Balboa Blvd, 211 E Edgewater Ave and 200 E Balboa Blvd. While the average home in Newport Beach, CA is selling in 74 days, 2278 Channel Rd has a days on market of 199 days. There are currently 269 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 55 of them are condos and 13 are townhomes. For more information on this home for sale at 2278 Channel Rd Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 2278 Channel Rd

Public county record property details
Beds
3
Baths
4
Year built
2003
Sq. Ft.
3,322
Lot Size
3,500
Stories
2
Type
Single Family Residential
Pool
No
Spa
Yes
County
Orange
Lot#
6
APN
048-293-11

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,750,000
Median List Price/Sq.Ft.
$2,241
Median Sold Price
$4,625,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
45
Median Sale to List Price %
92.59%
Avg Days on Market
69
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

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Related Resources to 2278 Channel Rd

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.