2807 Villa Way, Newport Beach, CA 92663
View Photos

2807 Villa Way Newport Beach, CA 92663

$2,351,250 Sold Price as of 02/20/2020
  • -- Beds
  • -- Baths
  • 5,398 Sq.Ft.
Sold
$2,351,250 Sold Price as of 02/20/2020 Refinance Your Mortgage

Map preview of 2807 Villa Way, Newport Beach, CA 92663

Property Overview: 2807 Villa Way Newport Beach, CA has -- bedrooms, -- bathrooms, 5,398 living square feet and 5,398 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present an exciting and rare development opportunity in the popular Cannery Village of Newport Beach. Originally built in the late 1920s and available for the first time in over half a century, 2807 Villa Way offers approximately 60 feet of street frontage in arguably one of the most desirable pockets of Newport Beach. The property is currently set up as one building structure, but has separate APN numbers. The properties are currently tenant occupied with month to month leases. The Cannery Village has become a local hot-spot and enjoys close proximity to the recently renovated Lido Marina Village with its high-end shops, fine dining, and new Lido House boutique hotel. 2807 Villa Way is an amazing offering to a person with the right vision and ideas.

Listed by Timothy Carr | BRE #01017277 | Villa Real Estate
Co-listed by Stephen Mitchell | BRE #01108498 | Steve Mitchell Broker
Last checked: 8 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
5,398
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Warehouse
Status
Sold
MLS#
NP19242628
City
Newport Beach
County
Orange
Time on Site
1408 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2807 Villa Way

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 04705206
  • Year Built Source: Assessor
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: On Villa Way between 28th and 29th Street
View more facts & features

Local Newport Beach Agent

Loading...

Sale History for 2807 Villa Way

Last sold for $2,347,500 on February 20th, 2020
  • February, 2020

  • Feb 21, 2020

    Date

    Sold

    CRMLS: NP19242628

    $2,351,250

    Price

  • Oct 30, 2019

    Date

    Active Under Contract

    CRMLS: NP19242628

    $2,990,000

    Price

  • Oct 17, 2019

    Date

    Active

    CRMLS: NP19242628

    $2,990,000

    Price

  • February, 2020

  • Feb 20, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,347,500

    Price

  • December, 2002

  • Dec 31, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2807 Villa Way

Assessed Value (2020): $47,886
Year Land Value Improved Value Assessed Value
2020 $42,140 $5,746 $47,886

Home Value Compared to the Market

This property vs the competition

2807 Villa Way sold on February 20, 2020 for 19.19% 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 $553.91 per/sqft which puts the price per square foot 59.27% lower than the current median sale per square foot for the city of Newport Beach.

About 2807 Villa Way

Detailed summary of property

2807 Villa Way is a warehouse that recently sold in Newport Beach, CA 92663. This warehouse offered -- bedrooms, -- bathrooms, roughly 5,398 living square feet, and sits on an approximately 5,398 square foot lot. 2807 Villa Way was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $2,351,250. 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 19.19% lower than the current median priced home. Local homes that are currently for sale include 208 W Anaheim St, 1756 Pacific Ave and 230 S Idaho St. While the average home in Newport Beach, CA is selling in 73 days, 2807 Villa Way has a days on market of 11 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 2807 Villa Way 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 2807 Villa Way

Public county record property details
Beds
--
Baths
--
Year built
1928
Sq. Ft.
--
Lot Size
2,727
Stories
1
Type
Light Industrial (10% Improved Office Space; Machine Shop)
Pool
No
Spa
No
County
Orange
Lot#
26
APN
047-052-06

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.
$1,546
Median Sold Price
$3,700,000
Median Sold Price/Sq.Ft.
$1,494
Total Inventory
92
Median Sale to List Price %
105.87%
Avg Days on Market
21
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (47.06%), Other (35.29%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

Related Resources to 2807 Villa Way

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.