2420 23Rd St, Newport Beach, CA 92660
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2420 23Rd St Newport Beach, CA 92660

$2,700,000 Sold Price as of 03/18/2022
  • 3 Beds
  • 2 Baths
  • 1,877 Sq.Ft.
Sold
$2,700,000 Sold Price as of 03/18/2022 Refinance Your Mortgage

Map preview of 2420 23Rd St, Newport Beach, CA 92660

Property Overview: 2420 23Rd St Newport Beach, CA has 3 bedrooms, 2 bathrooms, 1,877 living square feet and 29,550 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: One of only 19 lake front homes in the exclusive Newport Beach neighborhood of Cherry Lake, discover this charming home on a 30,000 SF lot, the largest in the enclave. The Cherry Lake community is one of the most unique and highly sought after areas in the Newport Beach/Back Bay region. This home is positioned on an incredible lot offering unlimited potential for expansion and growth. Lush landscape, mature trees, tropical plants and flowers give the property a tranquil energy. The spring-fed lake is a rare gem, offering swimming, paddle-boarding and a beautiful view. This home is minutes from the ocean, 500 feet to the Back Bay, yet feels as though you’ve escaped to a private paradise resort. This quaint home boasts almost 2000 SF of interior living space and an open concept floor plan. There is an outdoor workspace, newer AC (3 separate zones) and solar. Discover why Cherry Lake is dubbed at the “Hidden Gem” of Newport Beach.

Listed by Branden Fella | BRE #01860709 | Compass
Last checked: 1 minute ago | Last updated: September 13th, 2022 | Source CRMLS | DOM: 96

Home details

Lot Sq. Ft
29,550
HOA Dues
$192/mo
Year built
1954
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP21227042
City
Newport Beach
County
Orange
Time on Site
938 days

Property Details for 2420 23Rd St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Zoned
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Flooring: Wood
  • All Bedrooms Down, Game Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator, Self Cleaning Oven
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Bar, Granite Counters, Living Room Deck Attached, Open Floorplan, Pantry
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio, Patio Open, Front Porch, Rear Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • No Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Lake
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 11932108
  • Year Built Source: Estimated
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Lake Park Homeowners Assn
  • Association Fee: $192 (Monthly)
  • Association Amenities: Pets Permitted
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Cherry Lake Area (UBCL)
  • Directions: Irvine Avenue to 23rd, home is on the right side of street
Neighborhood Information
  • Community Features: Biking, Curbs, Fishing, Hiking, Gutters, Lake, Watersports, Sidewalks, Storm Drains, Street Lights
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Sale History for 2420 23Rd St

Last sold for $2,700,000 on March 18th, 2022
  • January, 2022

  • Jan 18, 2022

    Date

    Active Under Contract

    CRMLS: NP21227042

    $3,499,000

    Price

  • October, 1994

  • Oct 7, 1994

    Date

    Sold (Public Records)

    Public Records

    $415,000

    Price

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Tax History for 2420 23Rd St

Assessed Value (2020): $637,382
Year Land Value Improved Value Assessed Value
2020 $533,089 $104,293 $637,382

Home Value Compared to the Market

This property vs the competition

2420 23Rd St sold on March 18, 2022 for 21.65% 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 $1544.49 per/sqft which puts the price per square foot 13.57% higher than the current median sale per square foot for the city of Newport Beach.

About 2420 23Rd St

Detailed summary of property

2420 23Rd St is a single family home that recently sold in Newport Beach, CA 92660. This house offered 3 bedrooms, 2 bathrooms, roughly 1,877 living square feet, and sits on an approximately 29,550 square foot lot. 2420 23Rd St was first listed on ArdentRealEstateGroup.com on October 13, 2021. The homeowner sold the property for $2,700,000. 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 21.65% lower than the current median priced home. Local homes that are currently for sale include 2167 Andover Ln, 20111 Kline Dr and 1627 Cornwall Ln. This home does have a Homeowners Association and the monthly fee is $192 per month. While the average home in Newport Beach, CA is selling in 73 days, 2420 23Rd St has a days on market of 96 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 2420 23Rd St Newport Beach, CA 92660 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 2420 23Rd St

Public county record property details
Beds
3
Baths
2
Year built
1954
Sq. Ft.
1,877
Lot Size
29,550
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
104
APN
119-321-08

The source for these homes facts are from public records.

92660 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,800,000
Median List Price/Sq.Ft.
$1,227
Median Sold Price
$3,050,000
Median Sold Price/Sq.Ft.
$1,166
Total Inventory
131
Median Sale to List Price %
91.05%
Avg Days on Market
51
Loan Type
Conventional (7.14%), FHA (3.57%), VA (0%), Cash (46.43%), Other (42.86%)

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Related Resources to 2420 23Rd St

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.