324 Otero, Newport Beach, CA 92660
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324 Otero Newport Beach, CA 92660

$2,175,000 Sold Price as of 11/17/2023
  • 2 Beds
  • 2.5 Baths
  • 1,887 Sq.Ft.
Sold
$2,175,000 Sold Price as of 11/17/2023 Refinance Your Mortgage

Map preview of 324 Otero, Newport Beach, CA 92660

Property Overview: 324 Otero Newport Beach, CA has 2 bedrooms, 2.5 bathrooms, 1,887 living square feet and 1,956 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 324 Otero, a stunning residence that perfectly encapsulates the essence of coastal living in the heart of Newport Beach. Situated in the coveted Bluffs community, with a prime location and expansive Back Bay views, this renovated 2-bedroom, 2.5-bathroom residence was redesigned in 2016 to capture panoramic views of the Back Bay, Mountains, City Lights, and Disneyland fireworks from every room. Step inside to see the original "Trina" plan that was altered into a layout unlike any other in the Bluffs. As you descend to the lower level, you are greeted with beautiful French limestone flooring throughout and an open floor plan that flows seamlessly through the kitchen, living, dining, and sitting area – all with sweeping views. The gourmet kitchen features quartz counters and a large center island, a top-of-the-line Wolf range and double ovens, as well as a stainless refrigerator. The kitchen has custom-designed cabinets and hardware with extra-large drawers for storage. It also features a Scotsman built-in ice maker, dishwasher, and microwave drawer. Upstairs the Primary Suite is wonderfully appointed with custom built-ins and an extra-large walk in closet, a freestanding tub stands as a luxurious centerpiece complemented by an elegant chandelier. The secondary bedroom has custom closets and a private balcony, where you can privately enjoy the sweeping views. The guest also bathroom also features a coveted steam shower. The outdoor patio is an entertainer and sunset lover's dream. A beautifully landscaped greenbelt provides the perfect backdrop for gatherings with family and friends. Enjoy al fresco dining, admire the nightly sunset, and relax on the patio or in the hot tub on cool evenings. 324 Otero boasts a convenient location that provides easy access to the best of Southern California living. Enjoy proximity to pristine beaches, excellent schools, renowned dining, world-class shopping, and John Wayne Airport.

Listed by Susie McKibben | BRE #01966883 | Compass
Co-listed by Skyler Dearen | BRE #02136890 | Coastal Estates Group Corporation
Last checked: 1 minute ago | Last updated: November 18th, 2023 | Source CRMLS | DOM: 80

Home details

Lot Sq. Ft
1,956
HOA Dues
$350/mo
Year built
1970
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP23148753
City
Newport Beach
County
Orange
Time on Site
254 days

Virtual Tour

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Property Details for 324 Otero

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Flooring: Carpet, Stone
  • All Bedrooms Up, Converted Bedroom, Dressing Area, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Dishwasher, Ice Maker, Microwave, Refrigerator
  • Built-in Trash/Recycling, Kitchen Island, Quartz Counters, Remodeled Kitchen, Stone Counters
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
Interior Features
  • Balcony, Built-in Features, Ceiling Fan(s), Open Floorplan, Quartz Counters, Recessed Lighting, Storage
  • Levels: Two
  • Window Features: Double Pane Windows, Drapes
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Flat, Spanish Tile
  • Rain Gutters
  • No Fence
  • None
  • Has Spa
  • Spa Features: Private, Above Ground
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Association, Community
  • Deck, Patio Open, Stone
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access, Garage
  • Has Attached Garage
Lot Information
  • Lot Features: Cul-De-Sac
  • Lot Size Source: Assessor
  • Common Interest: Planned Development
Property Information
  • Has View
  • View: Back Bay, Bluff, City Lights, Mountain(s)
  • Common Walls: 2+ Common Walls
  • Total # of Units: 1
  • Parcel Number: 44020213
  • Year Built Source: Assessor
  • Architectural Style: Mediterranean
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: North Bluff Bay View
  • Association Fee: $350 (Monthly)
  • Association Amenities: Pool, Outdoor Cooking Area, Picnic Area, Playground
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • Elementary School: Eastbluff
  • Elementary School: EASTBL
  • Middle/Junior High School: Corona Del Mar
  • Middle/Junior High School: CODEMA
  • High School: Corona Del Mar
  • High School: CODEMA
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Bluffs Homes on the Bay (BNHB)
  • Directions: Via Eastbluff to Vista Del Sol (Ralphs) Right onto Vista Del Oro, Left onto Vista Ornada, Left onto Otero
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Hiking, Park, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights, Suburban
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Sale History for 324 Otero

Last sold for $2,175,000 on November 17th, 2023
  • November, 2023

  • Nov 17, 2023

    Date

    Sold

    CRMLS: NP23148753

    $2,175,000

    Price

  • Aug 16, 2023

    Date

    Active

    CRMLS: NP23148753

    $2,499,000

    Price

  • August, 2023

  • Aug 10, 2023

    Date

    Canceled

    CRMLS: OC23074582

    $2,689,000

    Price

  • May 8, 2023

    Date

    Active

    CRMLS: OC23074582

    $2,795,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome home! This stunning property is a one of a kind home. Every room provides views that overlook the Back Bay. This high-end property features two bedrooms, two and 1/2 baths and a glamorous walk in closet the size of a bedroom. The main floor offers a custom designed open floor plan including the kitchen, living room and dining room. The gourmet kitchen has a large island and offers top grade appliances such as the 8 Burner Wolf stove and Thermador dish washer. The family room has plenty of space for seating, dining, and entertaining with sliding glass doors that open to the patio overlooking the Back Bay. The patio attached is the perfect size to enjoy your outdoor spa and seating. Upstairs are the two bedrooms and two custom designed bathrooms.The master bedroom provides a chic walk in closet with lots of space for clothing, a bathtub, and walk in shower. The second bedroom has a balcony with a beautiful view of the Back bay. The second bathroom has a built in steam shower system. This property also has a nice two car garage with space for additional storage and a washer and dryer. This property is sure to amaze you with its views and thoughtfully detailed design. Come check it out.

  • December, 2019

  • Dec 10, 2019

    Date

    Sold

    CRMLS: PW19159909

    $1,675,000

    Price

  • Aug 8, 2019

    Date

    Pending

    CRMLS: PW19159909

    $1,325,000

    Price

  • Jul 10, 2019

    Date

    Active Under Contract

    CRMLS: PW19159909

    $1,325,000

    Price

  • Jul 7, 2019

    Date

    Active

    CRMLS: PW19159909

    $1,325,000

    Price

  • Listing provided courtesy of CRMLS

    A home designed to capture the panoramic views on the front line of the Upper Newport Beach Back Bay Nature Preserve, Mountains, City Lights, Disneyland fireworks. Original "Trina" plan it has been altered into a plan unlike any other in this area. The Master Bedroom suite is extraordinarily appointed with built-ins and a master closet and bath certain to please anyone desiring special and custom. Secondary bedroom has custom closets and larger bathroom with steam shower. Kitchen has custom designed cabinets and hardware with extra large drawers for storage of kitchen appliances & china; featuring built-in ice maker, dishwasher, microwave drawer and six burner "Wolf" double oven. Custom glass & wood cabinetry for crystal, decorative items is a space saving feature in the large open area space created. The home was completely renovated in 2016; upgraded throughout, permitted and final with City of Newport Beach; electrical, plumbing, sewer drain, air conditioning installed and water filtration system and new roof. Water feature on patio and above ground spa also makes this home a unique features added. Two car finished garage has air conditioning unit and ample storage for everything from holiday items to sports equipment and gear. Large granite counter for extra work space or hobby area. This is a Leasehold property; Irvine Company.

  • December, 2019

  • Dec 10, 2019

    Date

    Sold (Public Records)

    Public Records

    $484,500

    Price

  • December, 2019

  • Dec 9, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,190,500

    Price

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Tax History for 324 Otero

Assessed Value (2020): $1,675,000
Year Land Value Improved Value Assessed Value
2020 $1,475,000 $200,000 $1,675,000

Home Value Compared to the Market

This property vs the competition

324 Otero sold on November 17, 2023 for 8.64% lower 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 $1271.33 per/sqft which puts the price per square foot 18.48% higher than the current median sale per square foot for the city of Newport Beach.

About 324 Otero

Detailed summary of property

324 Otero is a single family home that recently sold in Newport Beach, CA 92660. This house offered 2 bedrooms, 2.5 bathrooms, roughly 1,887 living square feet, and sits on an approximately 1,956 square foot lot. 324 Otero was first listed on ArdentRealEstateGroup.com on August 15, 2023. The homeowner sold the property for $2,175,000. 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 8.64% lower than the current median priced home. Local homes that are currently for sale include 153 Del Mar Ave, 219 Albert Pl and 4271 Uptown Newport Drive #3. This home does have a Homeowners Association and the monthly fee is $350 per month. While the average home in Newport Beach, CA is selling in 75 days, 324 Otero has a days on market of 80 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 324 Otero 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 324 Otero

Public county record property details
Beds
3
Baths
2
Year built
1970
Sq. Ft.
1,887
Lot Size
1,956
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
13
APN
440-202-13

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
$3,795,000
Median List Price/Sq.Ft.
$1,203
Median Sold Price
$2,675,000
Median Sold Price/Sq.Ft.
$1,073
Total Inventory
118
Median Sale to List Price %
102.88%
Avg Days on Market
35
Loan Type
Conventional (28.57%), FHA (2.86%), VA (0%), Cash (37.14%), Other (31.43%)

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Related Resources to 324 Otero

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.