2617 Clay St, Newport Beach, CA 92663
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2617 Clay St Newport Beach, CA 92663

$9,600,000 Sold Price as of 01/19/2023
  • 6 Beds
  • 6.5 Baths
  • 6,707 Sq.Ft.
Sold
$9,600,000 Sold Price as of 01/19/2023 Refinance Your Mortgage

Map preview of 2617 Clay St, Newport Beach, CA 92663

Property Overview: 2617 Clay St Newport Beach, CA has 6 bedrooms, 6.5 bathrooms, 6,707 living square feet and 9,562 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investor Opportunity - Please Do Not Disturb The Tenant. Located in the highly sought-after Newport Heights neighborhood on a rare 9,500 square foot corner lot, this newly built, Mark Teale designed, soft contemporary residence is the epitome of a chic coastal oasis. A modern pivot door welcomes you into the home with immediate access to the expansive outdoor garden. The grand foyer leads you to a sophisticated dining room and a well-equipped chef’s kitchen featuring European cabinetry, oversized Wolf & Subzero appliances, Miele built-in coffee station, and a separate butler’s pantry which includes a secondary dishwasher and refrigerator. The kitchen and great room flow seamlessly via a 24-foot Fleetwood pocket sliding door system into a spacious California room featuring a dining and lounge area warmed by in-ceiling heaters. The yard has direct access from two downstairs bedrooms and offers numerous amenities including an oversized pool/spa with automatic cover, outdoor shower, full custom kitchen and bar, fire-pit, and 85” television with enhanced audio that serves as an entertainer’s dream. Upstairs, the master bedroom is your personal retreat and includes a double-sided fireplace separating the bedroom from the master en-suite living room, which has access to a covered view deck. The spa-like master bath with oversized shower and separate soaking tub leads to a sizable master closet outfitted with a custom California Closet system. The upper level features three secondary bedrooms and a game room/home theater featuring an ocean view, 85” television, surround sound system and Fleetwood sliding doors that extend to a large upstairs deck. White oak flooring runs throughout the home appointed with the highest level of finishes. The energy efficient and smart home features 52 solar panels, electric car charging, enhanced audio/video capabilities throughout including control4 and Lutron with voice command, high-end surveillance and security, and a whole-home water softener with reverse osmosis system in the kitchen and upstairs game room. A three-car garage with extra storage rounds out the impeccable residence. Step outside the private gate and there is no shortage of restaurants, cafes, and bars within walking distance - including Lido Village and all it has to offer just a short stroll across Pacific Coast Highway.

Listed by Aaron Andersen | BRE #01981667 | Luxe Real Estate
Co-listed by Paul Daftarian | BRE #01317949 | Luxe Real Estate
Last checked: 4 minutes ago | Last updated: January 20th, 2023 | Source CRMLS | DOM: 113

Home details

Lot Sq. Ft
9,562
HOA Dues
$0/mo
Year built
2017
Garage
3 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC22125805
City
Newport Beach
County
Orange
Time on Site
681 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 6
  • # of Baths: 7
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $55,000
  • Total Rent: $55,000
  • Pro Forma/Market Rent: $660,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.47%
  • Gross Rent Multiplier: 15.15
  • Gross Scheduled Income: $660,000
  • Net Operating Income: $547,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $113,000
  • New Taxes: $110,000
  • Trash: $0
  • Insurance: $3,000

Virtual Tour

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Property Details for 2617 Clay St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room, Inside, Upper Level
Fireplace Information
  • Has Fireplace
  • Living Room, Master Bedroom, Gas, Fire Pit
Room Information
  • Flooring: Wood
  • Bonus Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Freezer, Gas Range, Refrigerator, Water Heater Central, Water Line to Refrigerator
Interior Features
  • 2 Staircases, Built-in Features, Furnished, Open Floorplan, Stone Counters, Wired for Sound
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
Exterior Features
Exterior Information
  • Lighting
  • Has Spa
  • Spa Features: Private, Heated, In Ground
Exterior Features
  • Has Pool
  • Pool Features: Private, Heated, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Direct Garage Access, Garage
Lot Information
  • Lot Features: Front Yard, Landscaped, Lot 6500-9999, Park Nearby, Sprinkler System, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Catalina, City Lights, Ocean, Pool
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04903327
  • Year Built Source: Builder
  • Architectural Style: Contemporary
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Assessments
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments, Sewer Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: Newport Heights (NEWH)
  • Directions: Irvine Ave., Right on Clay St., Left on Riverside
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Street Lights, Suburban
View more facts & features

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Sale History for 2617 Clay St

Last sold for $9,600,000 on January 19th, 2023
  • January, 2023

  • Jan 19, 2023

    Date

    Sold

    CRMLS: OC22125805

    $9,600,000

    Price

  • Jun 13, 2022

    Date

    Active

    CRMLS: OC22125805

    $9,999,995

    Price

  • June, 2022

  • Jun 10, 2022

    Date

    Canceled

    CRMLS: OC22063572

    $9,999,995

    Price

  • Mar 30, 2022

    Date

    Active

    CRMLS: OC22063572

    $9,999,995

    Price

  • Listing provided courtesy of CRMLS

    Located in the highly sought-after Newport Heights neighborhood on a rare 9,500 square foot corner lot, this newly built, Mark Teale designed, soft contemporary residence is the epitome of a chic coastal oasis. A modern pivot door welcomes you into the home with immediate access to the expansive outdoor garden. The grand foyer leads you to a sophisticated dining room and a well-equipped chef’s kitchen featuring European cabinetry, oversized Wolf & Subzero appliances, Miele built-in coffee station, and a separate butler’s pantry which includes a secondary dishwasher and refrigerator. The kitchen and great room flow seamlessly via a 24-foot Fleetwood pocket sliding door system into a spacious California room featuring a dining and lounge area warmed by in-ceiling heaters. The yard has direct access from two downstairs bedrooms and offers numerous amenities including an oversized pool/spa with automatic cover, outdoor shower, full custom kitchen and bar, fire-pit, and 85” television with enhanced audio that serves as an entertainer’s dream. Upstairs, the master bedroom is your personal retreat and includes a double-sided fireplace separating the bedroom from the master en-suite living room, which has access to a covered view deck. The spa-like master bath with oversized shower and separate soaking tub leads to a sizable master closet outfitted with a custom California Closet system. The upper level features three secondary bedrooms and a game room/home theater featuring an ocean view, 85” television, surround sound system and Fleetwood sliding doors that extend to a large upstairs deck. White oak flooring runs throughout the home appointed with the highest level of finishes. The energy efficient and smart home features 52 solar panels, electric car charging, enhanced audio/video capabilities throughout including control4 and Lutron with voice command, high-end surveillance and security, and a whole-home water softener with reverse osmosis system in the kitchen and upstairs game room. A three-car garage with extra storage rounds out the impeccable residence. Step outside the private gate and there is no shortage of restaurants, cafes, and bars within walking distance - including Lido Village and all it has to offer just a short stroll across Pacific Coast Highway.

  • June, 2022

  • Jun 2, 2022

    Date

    Leased

    CRMLS: OC22079687

    $55,000

    Price

  • May 6, 2022

    Date

    Active

    CRMLS: OC22079687

    $55,000

    Price

  • Listing provided courtesy of CRMLS

    OFFERED FULLY FURNISHED. Located in the highly sought-after Newport Heights neighborhood on a rare 9,500 square foot corner lot, this newly built, Mark Teale designed, soft contemporary residence is the epitome of a chic coastal oasis. A modern pivot door welcomes you into the home with immediate access to the expansive outdoor garden. The grand foyer leads you to a sophisticated dining room and a well-equipped chef’s kitchen featuring European cabinetry, oversized Wolf & Subzero appliances, Miele built-in coffee station, and a separate butler’s pantry which includes a secondary dishwasher and refrigerator. The kitchen and great room flow seamlessly via a 24-foot Fleetwood pocket sliding door system into a spacious California room featuring a dining and lounge area warmed by in-ceiling heaters. The yard has direct access from two downstairs bedrooms and offers numerous amenities including an oversized pool/spa with automatic cover, outdoor shower, full custom kitchen and bar, fire-pit, and 85” television with enhanced audio that serves as an entertainer’s dream. Upstairs, the master bedroom is your personal retreat and includes a double-sided fireplace separating the bedroom from the master en-suite living room, which has access to a covered view deck. The spa-like master bath with oversized shower and separate soaking tub leads to a sizable master closet outfitted with a custom California Closet system. The upper level features three secondary bedrooms and a game room/home theater featuring an ocean view, 85” television, surround sound system and Fleetwood sliding doors that extend to a large upstairs deck. White oak flooring runs throughout the home appointed with the highest level of finishes. The energy efficient and smart home features 52 solar panels, electric car charging, enhanced audio/video capabilities throughout including control4 and Lutron with voice command, high-end surveillance and security, and a whole-home water softener with reverse osmosis system in the kitchen and upstairs game room. A three-car garage with extra storage rounds out the impeccable residence. Step outside the private gate and there is no shortage of restaurants, cafes, and bars within walking distance - including Lido Village and all it has to offer just a short stroll across Pacific Coast Highway. Also available for $75,000 per month for 3 months.

  • March, 2022

  • Mar 26, 2022

    Date

    Canceled

    CRMLS: OC22024707

    $9,999,995

    Price

  • Feb 10, 2022

    Date

    Active

    CRMLS: OC22024707

    $9,999,995

    Price

  • Listing provided courtesy of CRMLS

    Located in the highly sought-after Newport Heights neighborhood on a rare 9,500 square foot corner lot, this newly built, Mark Teale designed, soft contemporary residence is the epitome of a chic coastal oasis. A modern pivot door welcomes you into the home with immediate access to the expansive outdoor garden. The grand foyer leads you to a sophisticated dining room and a well-equipped chef’s kitchen featuring European cabinetry, oversized Wolf & Subzero appliances, Miele built-in coffee station, and a separate butler’s pantry which includes a secondary dishwasher and refrigerator. The kitchen and great room flow seamlessly via a 24-foot Fleetwood pocket sliding door system into a spacious California room featuring a dining and lounge area warmed by in-ceiling heaters. The yard has direct access from two downstairs bedrooms and offers numerous amenities including an oversized pool/spa with automatic cover, outdoor shower, full custom kitchen and bar, fire-pit, and 85” television with enhanced audio that serves as an entertainer’s dream. Upstairs, the master bedroom is your personal retreat and includes a double-sided fireplace separating the bedroom from the master en-suite living room, which has access to a covered view deck. The spa-like master bath with oversized shower and separate soaking tub leads to a sizable master closet outfitted with a custom California Closet system. The upper level features three secondary bedrooms and a game room/home theater featuring an ocean view, 85” television, surround sound system and Fleetwood sliding doors that extend to a large upstairs deck. White oak flooring runs throughout the home appointed with the highest level of finishes. The energy efficient and smart home features 52 solar panels, electric car charging, enhanced audio/video capabilities throughout including control4 and Lutron with voice command, high-end surveillance and security, and a whole-home water softener with reverse osmosis system in the kitchen and upstairs game room. A three-car garage with extra storage rounds out the impeccable residence. Step outside the private gate and there is no shortage of restaurants, cafes, and bars within walking distance - including Lido Village and all it has to offer just a short stroll across Pacific Coast Highway.

  • June, 2021

  • Jun 17, 2021

    Date

    Leased

    CRMLS: OC21116590

    $35,000

    Price

  • Jun 1, 2021

    Date

    Active

    CRMLS: OC21116590

    $35,000

    Price

  • Listing provided courtesy of CRMLS

    OFFERED FULLY FURNISHED. Located in the highly sought-after Newport Heights neighborhood, this newly built, Mark Teale designed, soft contemporary residence is the epitome of a chic coastal oasis. A modern pivot door welcomes you into the home with an immediate view of the expansive outdoor garden. The impressive foyer leads you to a chef’s kitchen which opens seamlessly to the family room, featuring European cabinetry, oversized Wolf range, Subzero fridge and freezer, wine cooler as well as a separate butler’s pantry with a secondary dishwasher and fridge. The family room opens via a 24 foot Fleetwood pocket slider to the expansive California room with an outdoor dining room and lounge warmed by in-ceiling heaters. The well-appointed yard offers the utmost in privacy and amenities including an oversized pool and spa with automatic cover, outdoor shower, full custom bar, kitchen and BBQ, outdoor fireplace and 85” television with enhanced outdoor audio/speakers. Upstairs, the master bedroom is your personal retreat with a double-sided fireplace between the bedroom and master en-suite living room with covered deck and the spa-like master bath includes an oversized shower with dual rain showerheads and separate soaking tub leading to the master closet outfitted with a custom California Closet system. Three secondary bedrooms on the upper level lead to the game room/home theater featuring an ocean view, 85” television, surround sound system and Fleetwood sliders opening to an expansive upstairs deck with in-ceiling heaters. White oak flooring runs throughout the home appointed with the highest level of finishes and designer furniture in every room. The energy efficient smart home features enhanced audio/video capabilities throughout, control4 and Lutron with Alexa voice command, whole home surveillance and alarm, 52 solar panels, a whole house water softener with reverse osmosis system in the kitchen and upstairs game room. A three-car garage with extra storage rounds out this impeccable residence. Also available for $55,000 per month for 6 months and $75,000 per month for 3 months.

  • June, 2015

  • Jun 30, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2014

  • Jun 6, 2014

    Date

    Sold (Public Records)

    Public Records

    $1,500,000

    Price

Show More

Tax History for 2617 Clay St

Assessed Value (2020): $3,868,643
Year Land Value Improved Value Assessed Value
2020 $1,809,850 $2,058,793 $3,868,643

Home Value Compared to the Market

This property vs the competition

2617 Clay St sold on January 19, 2023 for 280.81% higher than the current median sold price for the city of Newport Beach which is $2,626,000. The median sold price per/sqft for Newport Beach is $1,073 and this home is sold at $1490.98 per/sqft which puts the price per square foot 38.95% higher than the current median sale per square foot for the city of Newport Beach.

About 2617 Clay St

Detailed summary of property

2617 Clay St is a single family home that recently sold in Newport Beach, CA 92663. This house offered 6 bedrooms, 6.5 bathrooms, roughly 6,707 living square feet, and sits on an approximately 9,562 square foot lot. 2617 Clay St was first listed on ArdentRealEstateGroup.com on June 13, 2022. The homeowner sold the property for $9,600,000. Home in Newport Beach are selling for a median price of $2,626,000 and a median price per square foot of $1,073. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 280.81% higher than the current median priced home. Local homes that are currently for sale include 114 E Oceanfront, 701 Bayside Dr and 748 Harbor Island Dr. While the average home in Newport Beach, CA is selling in 75 days, 2617 Clay St has a days on market of 113 days. There are currently 260 homes for sale in the Newport Beach real estate market and 192 of them are single family homes while 54 of them are condos and 14 are townhomes. For more information on this home for sale at 2617 Clay St Newport Beach, CA 92663 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 2617 Clay St

Public county record property details
Beds
6
Baths
6
Year built
2015
Sq. Ft.
6,357
Lot Size
9,562
Stories
2
Type
Single Family Residential
Pool
Yes
Spa
Yes
County
Orange
Lot#
1
APN
049-033-27

The source for these homes facts are from public records.

92663 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,395,000
Median List Price/Sq.Ft.
$1,522
Median Sold Price
$1,730,000
Median Sold Price/Sq.Ft.
$979
Total Inventory
84
Median Sale to List Price %
100.87%
Avg Days on Market
34
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (30.77%), Other (46.15%)

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Related Resources to 2617 Clay 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.