342 Peach Tree Lane, Newport Beach, CA 92660
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342 Peach Tree Lane Newport Beach, CA 92660

$1,820,000 Sold Price as of 12/21/2020
  • 4 Beds
  • 4 Baths
  • 2,683 Sq.Ft.
Sold
$1,820,000 Sold Price as of 12/21/2020 Refinance Your Mortgage

Map preview of 342 Peach Tree Lane, Newport Beach, CA 92660

Property Overview: 342 Peach Tree Lane Newport Beach, CA has 4 bedrooms, 4 bathrooms, 2,683 living square feet and 7,416 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Ideally positioned on a quaint cul-de-sac in Newport’s Cherry Lake District, 342 Peach Tree Lane boasts a rarely offered versatile single level living experience. This mid-century modern bungalow inspired home includes 2,683 square feet of relaxing living space, four bedrooms, four bathrooms, and a flex room off the entry suitable for a home office, teen room, or a fifth bedroom suite. The floor plan effortlessly flows from the gracious formal dining area into the entertainer’s kitchen opening to the living room. Retreat to the secluded master suite features vaulted ceilings, his & hers wardrobe closets, a dual vanity, walk-in shower, and direct access to the backyard. Enjoy year round outdoor living in both the fenced in front yard and private rear exterior living space with pool, spa, and wrap around deck. Whole house recent upgrades include hardwood flooring, bathrooms, windows & shades, furnace & condenser, electrical panel, kitchen cabinet refinishing, and roof. Located within walking distance to the Back Bay trails, Irvine Ranch Market, Newport Beach Golf Club and a short drive to major freeways, John Wayne Airport, and Orange County’s best beaches, shopping, and restaurants. Don’t miss your opportunity to secure this truly one-of-kind property.

Listed by Mark Taylor | BRE #01877391 | Compass
Co-listed by Dylan Mason | BRE #01709074 | Compass
Last checked: 4 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
7,416
HOA Dues
$0/mo
Year built
1961
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP20201662
City
Newport Beach
County
Orange
Time on Site
1290 days

Property Details for 342 Peach Tree Lane

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Closet, Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 5
  • Downstairs Bathrooms: 4
  • Eating Area: Area, Dining Room, In Kitchen, In Living Room, Separated
  • Flooring: Wood
  • All Bedrooms Down, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room
Kitchen Information
  • Has Appliances
  • Convection Oven, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Refrigerator
  • Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 4
Interior Features
  • Open Floorplan
  • Levels: One
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Private, In Ground
Exterior Features
  • Has Pool
  • Pool Features: Private, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Attached Garage
Lot Information
  • Lot Features: Corner Lot, Cul-De-Sac
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Year Built Source: Assessor
  • 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
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Cherry Lake Area (UBCL)
  • Directions: Santa Isabel Avenue and Redlands Drive
Neighborhood Information
  • Community Features: Curbs, Suburban
View more facts & features

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Sale History for 342 Peach Tree Lane

Last sold for $1,820,000 on December 21st, 2020
  • December, 2020

  • Dec 22, 2020

    Date

    Sold

    CRMLS: NP20201662

    $1,820,000

    Price

  • Dec 7, 2020

    Date

    Active Under Contract

    CRMLS: NP20201662

    $1,895,000

    Price

  • Nov 4, 2020

    Date

    Active

    CRMLS: NP20201662

    $1,895,000

    Price

Tax History for 342 Peach Tree Lane

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

342 Peach Tree Lane sold on December 21, 2020 for 48.78% 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 $706.3 per/sqft which puts the price per square foot 48.07% lower than the current median sale per square foot for the city of Newport Beach.

About 342 Peach Tree Lane

Detailed summary of property

342 Peach Tree Lane is a single family home that recently sold in Newport Beach, CA 92660. This house offered 4 bedrooms, 4 bathrooms, roughly 2,683 living square feet, and sits on an approximately 7,416 square foot lot. 342 Peach Tree Lane was first listed on ArdentRealEstateGroup.com on November 4, 2020. The homeowner sold the property for $1,820,000. 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 48.78% lower than the current median priced home. Local homes that are currently for sale include 236 Loyola Rd, 1967 Vista Del Oro and 2371 Colgate Dr. While the average home in Newport Beach, CA is selling in 75 days, 342 Peach Tree Lane has a days on market of 16 days. There are currently 284 homes for sale in the Newport Beach real estate market and 215 of them are single family homes while 56 of them are condos and 13 are townhomes. For more information on this home for sale at 342 Peach Tree Lane 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 342 Peach Tree Lane

Public county record property details
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Baths
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Year built
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Sq. Ft.
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Lot Size
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Stories
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Type
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Pool
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Spa
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County
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APN
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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
$3,999,000
Median List Price/Sq.Ft.
$1,250
Median Sold Price
$3,050,000
Median Sold Price/Sq.Ft.
$1,166
Total Inventory
135
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 342 Peach Tree Lane

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.