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427 Belvue Ln, Newport Beach, CA 92661
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427 Belvue Ln Newport Beach, CA 92661

$4,595,000
  • 3 Beds
  • 2 Baths
  • 1,200 Sq.Ft.
Pending
$4,595,000 Get Pre-Qualified
Map preview of 427 Belvue Ln, Newport Beach, CA 92661

Property Overview: 427 Belvue Ln Newport Beach, CA has 3 bedrooms, 2 bathrooms, 1,200 living square feet and 4,000 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: Enveloped by the serene embrace of Belvue Lane, this exquisite coastal sanctuary is a true gem nestled within the idyllic Balboa Peninsula Point. Poised on a generous 4,000 square foot lot, this vintage residence exudes timeless elegance and invites endless imagination. Approaching this coastal haven, a picturesque white picket fence envelops the splendid front yard, adorned with a lush, blooming garden that leads to an inviting Dutch-door entry. Meticulously updated, the sun-drenched living spaces seamlessly flow towards a verdant lawn and a tranquil terrace, gracefully separating the charming two-bedroom cottage from an enchanting separate guest area or home office, all crowned by a welcoming garage. Whether one's vision leans towards restoring the original character of this endearing beachside bungalow or embarking on the creation of an opulent coastal retreat, the allure of Belvue Lane's picturesque promenade orientation is undeniable. A leisurely stroll away, the glistening shores and tranquil bay beckon, while Peninsula Point homeowners relish the offerings of a community racquet club and a neighborhood association bayfront BBQ area with a convenient boat launch. Nearby, the historic Balboa Village unfolds its eclectic tapestry of shops and restaurants, beckoning with its coastal charm. Included in this offering are City of Newport Beach approved architectural plans, artfully crafted by Bill Guidero, and landscape designs by Molly Wood Garden, envisioning a luxurious 3,800 square foot coastal masterpiece.

Listed by Robin McMonigle | BRE #01197591 | Compass
Last checked: 2 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 121
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Home details

Lot Sq. Ft
4,000
HOA Dues
$0/mo
Year built
1951
Garage
2 Car
Property Type:
Single Family Home
Status
Pending
MLS#
NP23217026
City
Newport Beach
County
Orange
Time on Site
143 days

Open Houses for 427 Belvue Ln

No upcoming open houses

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Property Details for 427 Belvue Ln

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • Kitchen, Living Room
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • No Attached Garage
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04825122
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer On Bond
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula Point (BLPP)
  • Directions: CLA
Neighborhood Information
  • Community Features: Street Lights, Suburban
View more facts & features

Local Newport Beach Agent

Sale History for 427 Belvue Ln

Last sold for $4,500,000 on July 25th, 2022

  • April, 2024

  • Apr 16, 2024

    Date

    Pending

    CRMLS: NP23217026

    $4,595,000

    Price

  • Nov 27, 2023

    Date

    Active

    CRMLS: NP23217026

    $4,595,000

    Price

  • September, 2023

  • Sep 21, 2023

    Date

    Canceled

    CRMLS: NP23174765

    $4,650,000

    Price

  • Sep 18, 2023

    Date

    Active

    CRMLS: NP23174765

    $4,650,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2022

  • Jul 25, 2022

    Date

    Sold

    CRMLS: NP22097921

    $4,500,000

    Price

  • May 10, 2022

    Date

    Active

    CRMLS: NP22097921

    $5,250,000

    Price

  • Listing provided courtesy of CRMLS

    Enchanting Belvue Lane represents what is considered by many to be the most charming location within the seaside enclave of Balboa Peninsula Point. Here on a rare 4000SF lot this jewel-box, vintage gem will stir the imagination, as it offers endless possibilities for its new owner. A storybook white picket fence surrounds the splendid front yard and flowering garden, leading to the home’s delightful Dutch-door entry. Tastefully updated throughout, the sun-filled living spaces open to a grassy yard and terrace that separates the two-bedroom cottage from a cute separate guest area/home office and garage. Whether looking to restore the original character of this endearing beach bungalow, or desirous of the ultimate building site for a new home, the character and appeal of Belvue Lane's promenade orientation is undeniable. Just a short stroll to either the beach or the bay, Peninsula Point homeowners can enjoy the community racquet club, neighborhood association bay front BBQ area and boat launch, as well as the nearby shops and restaurants of the historic Balboa Village. Pull up a chair, sit back and relax, and chat with the neighbors as they stroll by. 427 Belvue Lane will tug at your heart and bring back your fondest memories of time spent at the beach.

  • July, 2020

  • Jul 20, 2020

    Date

    Leased

    CRMLS: NP20131540

    $6,050

    Price

  • Jul 12, 2020

    Date

    Active

    CRMLS: NP20131540

    $5,950

    Price

  • Listing provided courtesy of CRMLS

    This home has been completely remodeled and refreshed. Belvue Lane is a charming pedestrian-only Strada lined with 30 beautiful homes. No expense was spared on the completely remodeled kitchen with all new top of the line appliances, Corian counters and the refrigerator is included. Easy to maintain, wide-plank faux wood tiling for easy beach living. Open floor plan in the main house includes 2 bedrooms and one full bathroom. A third bedroom and bath are in private quarters behind the house. The 2 car garage is equipped with brand new washer/dryer and a large area for extra storage. There are two additional parking spaces behind the garage. The living room has a gas fireplace with ample room for seating and eating area. The wall to wall sliding back door opens to a charming backyard, gardener services included. All new landscaping, freshly painted inside and out. There is huge stand-up attic space above the main house with pull-down stairs, for extra storage or whatever your imagination provides. Perfect location to the beach, tennis club and shopping.

  • March, 2019

  • Mar 19, 2019

    Date

    Leased

    CRMLS: OC19054519

    $5,800

    Price

  • Mar 12, 2019

    Date

    Active

    CRMLS: OC19054519

    $5,800

    Price

  • Listing provided courtesy of CRMLS

    Belvue Lane is a charming pedestrian-only Strada lined with 30 beautiful homes. No expense was spared on the completely remodeled kitchen with top of the line appliances, Corian counters, refrigerator included. Easy to maintain, wide-plank faux wood tiling for easy beach living. Open floorplan in the main house includes 2 bedrooms and one full bathroom. A third bedroom and bath are in private quarters behind the house. The 2 car garage is equipped with brand new washer/dryer and a large area for extra storage. There are two additional parking spaces behind the garage. The living room has a gas fireplace with ample room for seating and eating area. The wall to wall sliding back door opens to a charming backyard, gardener services included. All new landscaping, freshly painted inside and out and never lived in since the remodel. There is huge stand-up attic space above the main house with pull-down stairs, for extra storage or whatever your imagination provides. Perfect location to the beach, tennis club and shopping.

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Tax History for 427 Belvue Ln

Assessed Value (2020): $101,448
Year Land Value Improved Value Assessed Value
2020 $67,260 $34,188 $101,448

Home Value Compared to the Market

This property vs the competition

427 Belvue Ln is listed 4.55% higher than the median list price for the city of Newport Beach which has a median list price of $4,395,000. The median price per/sqft for Newport Beach is $1,501 and this home is listed at $3829.17 per/sqft which puts the price per square foot 155.11% higher than the median price per square foot for the city of Newport Beach.

About 427 Belvue Ln

Detailed summary of property

427 Belvue Ln is a single family home located in Newport Beach, CA 92661 and is currently in escrow to be sold. This house offers 3 bedrooms, 2 bathrooms, roughly 1,200 living square feet, and sits on an approximately 4,000 square foot lot. 427 Belvue Ln was first listed on ArdentRealEstateGroup.com on November 27, 2023. The homeowner is currently asking $4,595,000. The median priced home in Newport Beach is $4,395,000 with a median price per square foot of $1,501. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 4.55% higher than the median priced home. Local competing homes currently for sale include 602 Iris Ave, 301 Lindo Ave and 1616 Arch Bay Dr. While the average home in Newport Beach, CA is selling in 76 days, 427 Belvue Ln has a days on market of 121 days. There are currently 259 homes for sale in the Newport Beach real estate market and 190 of them are single family homes while 54 of them are condos and 15 are townhomes. For more information on this home for sale at 427 Belvue Ln Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 427 Belvue Ln

Public county record property details
Beds
2
Baths
1
Year built
1951
Sq. Ft.
971
Lot Size
4,000
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
2
APN
048-251-22

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,595,000
Median List Price/Sq.Ft.
$2,243
Median Sold Price
$11,100,000
Median Sold Price/Sq.Ft.
$2,775
Total Inventory
46
Median Sale to List Price %
94.11%
Avg Days on Market
174
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (33.33%)

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Recently Sold Homes Near 427 Belvue Ln

407 Belvue Ln, Newport Beach, CA 92661
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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.

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