507 Avenida Lorenzo, Newport Beach, CA 92660
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507 Avenida Lorenzo Newport Beach, CA 92660

$1,825,000 Sold Price as of 02/15/2024
  • 3 Beds
  • 2 Baths
  • 1,754 Sq.Ft.
Sold
$1,825,000 Sold Price as of 02/15/2024 Refinance Your Mortgage

Map preview of 507 Avenida Lorenzo, Newport Beach, CA 92660

Property Overview: 507 Avenida Lorenzo Newport Beach, CA has 3 bedrooms, 2 bathrooms, 1,754 living square feet and 2,402 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Delightful open, single level living on a beautifully landscaped greenbelt within the highly desirable "Bluffs" community located in prime Newport Beach. A charming and lovingly cared for expanded three bedroom, two bath end unit home that affords privacy, a premium cul-de-sac location, and perhaps the most coveted floor plan within "the Bluffs" enclave. Setting the stage, a welcoming private gated courtyard serves as a fluent transition to the home's entry. Here stunning, light-filled principal living, dining, and kitchen areas all flow together seamlessly and are highlighted by dramatic vaulted, beamed ceilings and scenic views. The cheerful kitchen features updated granite counters, stainless appliances, abundant storage, and a convenient breakfast bar eating area. Glass doors slide open to reveal a generous back patio area, perfectly proportioned for al fresco dining and entertaining while enjoying glorious greenbelt views. The expansive primary suite area boasts vaulted ceilings, custom built-ins, dressing area, and separate dual vanity areas. An additional guest bedroom and bath, a beautifully appointed third bedroom/office with abundant custom built-ins, and the laundry/utility room complete the home's interior. There is also direct access to your private two car garage with room for storage. Enjoy “The Bluffs” lifestyle with community pools, barbeque areas, hiking and biking trails, club house, on-site management, and evening security. Located just minutes away from John Wayne Airport, Fashion Island, Balboa Island, and some of the best beaches in all of Southern California, this is an amenity-rich lifestyle opportunity.

Listed by Tara Foster Shapiro | BRE #01892201 | EQTY Forbes Global Properties
Last checked: 11 minutes ago | Last updated: February 15th, 2024 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
2,402
HOA Dues
$535/mo
Year built
1964
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP23228168
City
Newport Beach
County
Orange
Time on Site
151 days

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Property Details for 507 Avenida Lorenzo

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Zoned
Heating Information
  • Has Heating
  • Central, Forced Air
Laundry Information
  • Has Laundry
  • Dryer Included, Individual Room, Inside, Washer Included
Fireplace Information
  • Has Fireplace
  • Great Room, Masonry
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room, See Remarks
  • Dressing Area, Entry, Great Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Office, See Remarks, Utility Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Freezer, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator, Self Cleaning Oven
  • Granite Counters, Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Bar, Beamed Ceilings, Granite Counters, High Ceilings, Open Floorplan
  • Levels: One
  • Window Features: Plantation Shutters
Exterior Features
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Community, Heated, In Ground
  • Patio, See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Front, Off Street
  • Has Attached Garage
Lot Information
  • Lot Features: Corner Lot, Cul-De-Sac, Front Yard, Landscaped, Level
  • Lot Size Source: Assessor
  • Common Interest: Planned Development
Property Information
  • Has View
  • View: Neighborhood, Park/Greenbelt, See Remarks
  • Common Walls: 1 Common Wall, End Unit
  • Total # of Units: 1
  • Parcel Number: 44034408
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: No Interior Steps
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Bluffs HOA
  • Association Fee: $535 (Monthly)
  • Association Amenities: Pool, Barbecue, Outdoor Cooking Area, Playground, Biking Trails, Hiking Trails, Clubhouse, Meeting Room, Maintenance Grounds, Pets Permitted, Management
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • Elementary School: East Bluff
  • Elementary School: EASBLU
  • 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 Original (BORI)
  • Directions: Vista Del Oro to Vista Laredo To Avenida Lorenzo
Neighborhood Information
  • Community Features: Biking, Hiking, Park, Sidewalks, Street Lights, Urban
View more facts & features

Local Newport Beach Agent

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Sale History for 507 Avenida Lorenzo

Last sold for $1,825,000 on February 15th, 2024
  • February, 2024

  • Feb 15, 2024

    Date

    Sold

    CRMLS: NP23228168

    $1,825,000

    Price

  • Dec 19, 2023

    Date

    Active

    CRMLS: NP23228168

    $1,850,000

    Price

  • September, 2010

  • Sep 3, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 507 Avenida Lorenzo

Assessed Value (2020): $690,561
Year Land Value Improved Value Assessed Value
2020 $559,664 $130,897 $690,561

Home Value Compared to the Market

This property vs the competition

507 Avenida Lorenzo sold on February 15, 2024 for 50% 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 $1054.73 per/sqft which puts the price per square foot 22.45% lower than the current median sale per square foot for the city of Newport Beach.

About 507 Avenida Lorenzo

Detailed summary of property

507 Avenida Lorenzo is a single family home that recently sold in Newport Beach, CA 92660. This house offered 3 bedrooms, 2 bathrooms, roughly 1,754 living square feet, and sits on an approximately 2,402 square foot lot. 507 Avenida Lorenzo was first listed on ArdentRealEstateGroup.com on December 19, 2023. The homeowner sold the property for $1,825,000. 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 50% lower than the current median priced home. Local homes that are currently for sale include 1237 Winslow, 153 Del Mar Ave and 359 Flower St. This home does have a Homeowners Association and the monthly fee is $535 per month. While the average home in Newport Beach, CA is selling in 73 days, 507 Avenida Lorenzo has a days on market of 31 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 507 Avenida Lorenzo 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 507 Avenida Lorenzo

Public county record property details
Beds
3
Baths
2
Year built
1964
Sq. Ft.
1,809
Lot Size
2,402
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
39
APN
440-344-08

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
$3,800,000
Median List Price/Sq.Ft.
$1,227
Median Sold Price
$3,050,000
Median Sold Price/Sq.Ft.
$1,166
Total Inventory
140
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 507 Avenida Lorenzo

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.