302 Kings Rd, Newport Beach, CA 92663
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302 Kings Rd Newport Beach, CA 92663

$15,000,000
  • 6 Beds
  • 8.5 Baths
  • 6,550 Sq.Ft.
For Sale
$15,000,000 Get Pre-Qualified

Map preview of 302 Kings Rd, Newport Beach, CA 92663

Property Overview: 302 Kings Rd Newport Beach, CA has 6 bedrooms, 8.5 bathrooms, 6,550 living square feet and 7,370 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Experience a new level of luxury at 302 Kings Road, a Newport Beach haven crafted by a renowned team, including contractor Jason Gonterman and architect Eric Aust. This modern masterpiece, boasting 6 beds and 9 baths, unfolds as a seamless fusion of form and functionality, meticulously curated by an exceptional design team. As you arrive into the expansive living space, the great room, enhanced by disappearing pocket sliding doors, becomes an open canvas for daily living and grand entertaining. Revel in the finest finishes—Calcutta stone, Moroccan tile, and expertly crafted bronze accents. Every detail and exquisite fixture showcases a dedication to unparalleled craftsmanship. Technology seamlessly integrates into luxury living with fully equipped audio-visual systems in every room, complemented by automatic shades that offer effortless ambiance control. The outdoors beckon with a rooftop pool and kitchen area, craned in to provide an elevated rooftop experience. This retreat is an oasis with covered space for entertaining, capturing panoramic views of the coastal horizon. The lower level incorporates serene water features, enhancing the soothing atmosphere that complements the coastal surroundings. Beyond is a separate gym area, a dedicated theater room for the ultimate movie nights, and an elevator granting access to all levels. Move seamlessly outside onto 754sf of covered deck space, or immerse yourself in the open deck spanning 1083sf, each thoughtfully designed to embrace the coastal climate. Discover a new perspective on Newport Beach with the panoramic views of this estate, its proximity to local restaurants, golden beaches, and the renowned Fashion Island. In this luxurious haven, every detail confirms an uncompromising commitment to creating a lifestyle of elevated opulence in one of Southern California's most coveted locations.

Listed by Andy Stavros | BRE #01408840 | DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Last checked: 2 minutes ago | Last updated: April 12th, 2024 | Source CRMLS | DOM: 3
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Home details

Lot Sq. Ft
7,370
HOA Dues
$0/mo
Year built
2024
Garage
3 Car
Property Type:
Single Family Home
Status
Active
MLS#
LG24056982
City
Newport Beach
County
Orange
Time on Site
9 days

Open Houses for 302 Kings Rd

No upcoming open houses

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Property Details for 302 Kings Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Family Kitchen, In Family Room, Dining Room, In Kitchen
  • Flooring: Wood
  • Exercise Room, Family Room, Great Room, Kitchen, Laundry, Living Room, Office, Walk-In Closet, Walk-In Pantry
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Built-In Range, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 8
  • # of Baths (1/2): 1
Interior Features
  • Beamed Ceilings, Elevator, High Ceilings, Recessed Lighting, Storage
  • Levels: Three Or More
Exterior Features
Exterior Features
  • Has Pool
  • Pool Features: Private, Roof Top
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Attached Garage
Lot Information
  • Lot Features: Landscaped, Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Coastline, Ocean
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04920116
  • Year Built Source: Seller
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Kings Road (KGRD)
  • Directions: Cliff Drive to Kings Road
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 302 Kings Rd

Last sold for $1,445,000 on October 30th, 2020
  • April, 2024

  • Apr 9, 2024

    Date

    Active

    CRMLS: LG24056982

    $15,000,000

    Price

  • October, 2020

  • Oct 31, 2020

    Date

    Sold

    CRMLS: NP20189612

    $1,445,000

    Price

  • Oct 13, 2020

    Date

    Pending

    CRMLS: NP20189612

    $1,445,000

    Price

  • Sep 28, 2020

    Date

    Active Under Contract

    CRMLS: NP20189612

    $1,445,000

    Price

  • Sep 11, 2020

    Date

    Active

    CRMLS: NP20189612

    $1,445,000

    Price

  • Listing provided courtesy of CRMLS

    Possible harbor turning basin and ocean view from a new second story. Garage access off cul-de-sac in rear shared by 10 homes so not necessary to add a driveway to the front of the property. This property is on Irvine Company leased land. Purchase price for the land is $1,685,250 -- good until Oct. 1, 2020. Lease ends 9/30/2038. Yearly lease amount is $10,400. Property is reappraised every quarter. That would be a separate escrow with the Irvine company. Sellers are selling the assumption of the lease, improvements (the house/tear down) and the option to purchase the land for $1,445,000. The home and the land prices together total $3,130,250. Being sold as is with no repairs or warranties by seller. All cash buyer is requested as the home may not be suitable for financing due to the condition.

  • October, 2020

  • Oct 31, 2020

    Date

    Sold

    CRMLS: NP20189345

    $1,445,000

    Price

  • Oct 13, 2020

    Date

    Pending

    CRMLS: NP20189345

    $1,445,000

    Price

  • Sep 28, 2020

    Date

    Active Under Contract

    CRMLS: NP20189345

    $1,445,000

    Price

  • Sep 11, 2020

    Date

    Active

    CRMLS: NP20189345

    $1,445,000

    Price

  • Listing provided courtesy of CRMLS

    Possible harbor turning basin and ocean view from a new second story. Garage access off cul-de-sac in rear shared by 10 homes so not necessary to add a driveway to the front of the property. This property is on Irvine Company leased land. Purchase price for the land is $1,685,250 -- good until Oct. 1, 2020. Lease ends 9/30/2038. Yearly lease amount is $10,400. Property is reappraised every quarter. That would be a separate escrow with the Irvine company. Sellers are selling the assumption of the lease, improvements (the house/tear down) and the option to purchase the land for $1,445,000. The home and the land prices together total $3,130,250. Being sold as is with no repairs or warranties by seller. All cash buyer is requested as the home may not be suitable for financing due to the condition.

  • November, 2019

  • Nov 24, 2019

    Date

    Expired

    CRMLS: NP19130549

    $1,600,000

    Price

  • Sep 16, 2019

    Date

    Price Change

    CRMLS: NP19130549

    $1,600,000

    Price

  • Jun 4, 2019

    Date

    Active

    CRMLS: NP19130549

    $2,495,000

    Price

  • Listing provided courtesy of CRMLS

    Probable harbor turning basin and ocean view from a new second story. Garage access off cul-de-sac in rear shared by 10 homes so not necessary to add a driveway to the front of the property. This property is on Irvine company leased land. Purchase price for the land is $1,638,000 -- good until Oct. 1, 2019. Lease ends 9/3/2038. Yearly lease is $10,400. Property is reappraised every quarter. That would be a separate escrow with the Irvine company. Sellers are selling the assumption of the lease, improvements (the house) and the option to purchase the land for $1,600,000. The home and the land prices together total $3,238,000. Being sold as is with no repairs or warranties by seller.

  • November, 2019

  • Nov 24, 2019

    Date

    Expired

    CRMLS: NP19123957

    $1,600,000

    Price

  • Sep 16, 2019

    Date

    Price Change

    CRMLS: NP19123957

    $1,600,000

    Price

  • May 28, 2019

    Date

    Active

    CRMLS: NP19123957

    $2,495,000

    Price

  • Listing provided courtesy of CRMLS

    Probable harbor turning basin and ocean view from a new second story. Garage access off cul-de-sac in rear shared by 10 homes so not necessary to add a driveway to the front of the property. This property is on Irvine company leased land. Purchase price for the land is $1,638,000 -- good until Oct. 1, 2019. Lease ends 9/3/2038. Yearly lease is $10,400. Property is reappraised every quarter. That would be a separate escrow with the Irvine company. Sellers are selling the assumption of the lease, improvements (the house) and the option to purchase the land for $1,600,000. The home and the land prices together total $3,238,000. Being sold as is with no repairs or warranties by seller.

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Tax History for 302 Kings Rd

Assessed Value (2020): $1,821,870
Year Land Value Improved Value Assessed Value
2020 $1,610,326 $211,544 $1,821,870

Home Value Compared to the Market

This property vs the competition

302 Kings Rd is listed 248.92% higher than the median list price for the city of Newport Beach which has a median list price of $4,299,000. The median price per/sqft for Newport Beach is $1,479 and this home is listed at $2290.08 per/sqft which puts the price per square foot 54.84% higher than the median price per square foot for the city of Newport Beach.

About 302 Kings Rd

Detailed summary of property

302 Kings Rd is a single family home located in Newport Beach, CA 92663 and is currently for sale. This house offers 6 bedrooms, 8.5 bathrooms, roughly 6,550 living square feet, and sits on an approximately 7,370 square foot lot. 302 Kings Rd was first listed on ArdentRealEstateGroup.com on April 3, 2024. The homeowner is currently asking $15,000,000. The median priced home in Newport Beach is $4,299,000 with a median price per square foot of $1,479. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 248.92% higher than the median priced home. Local competing homes currently for sale include 24 Tide Watch, 322 Emerald Bay and 648 Canyon View Dr. While the average home in Newport Beach, CA is selling in 76 days, 302 Kings Rd has a days on market of 3 days. There are currently 254 homes for sale in the Newport Beach real estate market and 187 of them are single family homes while 55 of them are condos and 12 are townhomes. For more information on this home for sale at 302 Kings Rd 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 302 Kings Rd

Public county record property details
Beds
3
Baths
3
Year built
1959
Sq. Ft.
2,624
Lot Size
7,370
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
12
APN
049-201-16

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
$4,399,000
Median List Price/Sq.Ft.
$1,546
Median Sold Price
$1,730,000
Median Sold Price/Sq.Ft.
$979
Total Inventory
87
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 302 Kings 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.