507 L St, Newport Beach, CA 92661
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507 L St Newport Beach, CA 92661

$4,650,000 Sold Price as of 03/16/2021
  • 4 Beds
  • 5 Baths
  • 3,256 Sq.Ft.
Sold
$4,650,000 Sold Price as of 03/16/2021 Refinance Your Mortgage

Map preview of 507 L St, Newport Beach, CA 92661

Property Overview: 507 L St Newport Beach, CA has 4 bedrooms, 5 bathrooms, 3,256 living square feet and 3,615 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Form and function unite in this stunning Modern Traditionalist approach to a classic California Cape Cod, as conceived by noteworthy architect Brad Smith. With exceptional thought to timeless interior appointments the four bedroom plus den, five bath layout of 3,256 SFT lends itself to a relaxed and welcoming beach lifestyle. Striking bespoke fixtures, interior brickwork, and Warren Christopher European Oak floors ground the home’s amicable palette and convey enduring style. Great room living, dining and kitchen spaces progress seamlessly to a large sunny terrace perfect for al fresco dining and entertaining. The professional-grade kitchen is highlighted by a La Cornue range, Sub-Zero and Wolf appliances, an adjacent butler’s pantry/prep area, and a temperature controlled walk-in wine cellar. Ascending the second level the expansive master retreat opens to a private terrace and is appointed with his and hers walk-in dressing areas, custom millwork, a fireplace, and a stunning spa bath with steeping tub, walk-in shower and Calcutta marble vanity. Two additional guest suites and a separate office/den complete the second level. The third floor California room with adjacent full bath makes for a wonderful entertaining area and opens to a roof top terrace with abundant views of the harbor and city lights at night. Sited one home from the bay on a large corner lot of 3615 SFT additional features include a first floor guest suite, mudroom/laundry and elevator servicing all levels.

Listed by Tara Foster Shapiro | BRE #01892201 | Pacific Sotheby's Int'l Realty
Last checked: 35 seconds ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
3,615
HOA Dues
$0/mo
Year built
2019
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP21023782
City
Newport Beach
County
Orange
Time on Site
1181 days

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Property Details for 507 L St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Dual, Zoned
Heating Information
  • Has Heating
  • Zoned, Forced Air, Natural Gas
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Master Retreat
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: See Remarks
  • Flooring: Wood
  • Dressing Area, Great Room, Kitchen, Laundry, Main Floor Bedroom, Master Suite, Office, See Remarks, Separate Family Room, Walk-In Closet, Wine Cellar
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Freezer, Gas Cooktop, Microwave, Range Hood, Refrigerator, Self Cleaning Oven
  • Butler's Pantry, Kitchen Island, Self-closing cabinet doors, Self-closing drawers, Stone Counters
Bathroom Information
  • # of Baths (Full): 5
Interior Features
  • Brick Walls, Built-in Features, Elevator, Open Floorplan, Recessed Lighting, Stone Counters, Wired for Data, Wired for Sound
  • Levels: Three Or More
  • Window Features: Blinds, Custom Covering, Drapes
  • Security Features: Fire Sprinkler System, Smoke Detector(s), Wired for Alarm System
Exterior Features
Exterior Information
  • Lighting, Rain Gutters
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
  • Has Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Lanai, Roof Top, Terrace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access, Garage Faces Rear, See Remarks
  • Has Attached Garage
Lot Information
  • Lot Features: Front Yard, Garden, Level with Street, Sprinklers Drip System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, City Lights, Hills, Neighborhood, See Remarks
  • Common Walls: End Unit, No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04824050
  • Year Built Source: Public Records
  • Architectural Style: Cape Cod
  • Property is not Attached
  • Accessibility Features: Accessible Elevator Installed, See Remarks
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Natural Gas Connected, See Remarks, Sewer Connected, Underground Utilities, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula Point (BLPP)
  • Directions: Balboa Blvd To L Street - Turn Left Towards Bay Front
Neighborhood Information
  • Community Features: Biking, Watersports, Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

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Sale History for 507 L St

Last sold for $4,650,000 on March 16th, 2021
  • March, 2021

  • Mar 16, 2021

    Date

    Sold

    CRMLS: NP21023782

    $4,650,000

    Price

  • Mar 7, 2021

    Date

    Pending

    CRMLS: NP21023782

    $4,775,000

    Price

  • Feb 22, 2021

    Date

    Active Under Contract

    CRMLS: NP21023782

    $4,775,000

    Price

  • Feb 9, 2021

    Date

    Active

    CRMLS: NP21023782

    $4,775,000

    Price

  • May, 2019

  • May 24, 2019

    Date

    Sold

    CRMLS: NP19054322

    $4,000,000

    Price

  • May 9, 2019

    Date

    Pending

    CRMLS: NP19054322

    $4,095,000

    Price

  • Apr 23, 2019

    Date

    Active Under Contract

    CRMLS: NP19054322

    $4,095,000

    Price

  • Mar 28, 2019

    Date

    Active

    CRMLS: NP19054322

    $4,095,000

    Price

  • Mar 21, 2019

    Date

    Active Under Contract

    CRMLS: NP19054322

    $4,095,000

    Price

  • Mar 12, 2019

    Date

    Active

    CRMLS: NP19054322

    $4,095,000

    Price

  • Listing provided courtesy of CRMLS

    Premier location just one home from the bay, 507 L St is a remarkable, custom new build home offering 4 beds & 5 full baths on Balboa’s highly sought after Peninsula Point. A warm California coastal farmhouse feel is brought to life with architecture by renowned Brad Smith & interior design by the talented Serendipite Designs. Layers of texture elevate the 3,255 sqft of interior living to a sophisticated comfort begging you to unwind. The main level enjoys a great room feel with kitchen opening to large dining area, living room & outdoor patio. Fit for a chef, the kitchen has a huge island, striking La Cornue CornuFe range, Sub-Zero built in refrigerator, wine storage & Calacatta counters. The main level also offers prep kitchen complete with Wolf coffee system & guest room with ensuite bath. The 2nd level offers bonus room, 2 guest suites, & master retreat - complete with fireplace, balcony, 2 walk-in closets & freestanding Victoria & Albert Amiata soaking tub. Quality craftsmanship & attention to detail can be seen on all 3 levels of the home; from stunning wire-brushed European Oak wide plank flooring, masterful staircase, Kolbe windows & doors & fine custom finishes throughout. To complete this one of a kind home, the 3rd floor offers a California room with spacious deck ideal for entertaining, enjoying the ocean breeze, gazing at the sunset & taking in city light views at night. An elevator serves each level making this home the ideal 2nd home or permanent residence.

  • May, 2019

  • May 24, 2019

    Date

    Sold (Public Records)

    Public Records

    $4,000,000

    Price

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Tax History for 507 L St

Assessed Value (2020): $4,080,000
Year Land Value Improved Value Assessed Value
2020 $2,915,272 $1,164,728 $4,080,000

Home Value Compared to the Market

This property vs the competition

507 L St sold on March 16, 2021 for 29.05% higher 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 $1466.52 per/sqft which puts the price per square foot 7.83% higher than the current median sale per square foot for the city of Newport Beach.

About 507 L St

Detailed summary of property

507 L St is a single family home that recently sold in Newport Beach, CA 92661. This house offered 4 bedrooms, 5 bathrooms, roughly 3,256 living square feet, and sits on an approximately 3,615 square foot lot. 507 L St was first listed on ArdentRealEstateGroup.com on February 9, 2021. The homeowner sold the property for $4,650,000. 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 29.05% higher than the current median priced home. Local homes that are currently for sale include 1435 High Bluff Dr, 2 Rue Valbonne and 1007 Grove Ln. While the average home in Newport Beach, CA is selling in 74 days, 507 L St has a days on market of 14 days. There are currently 269 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 55 of them are condos and 13 are townhomes. For more information on this home for sale at 507 L St 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 507 L St

Public county record property details
Beds
4
Baths
5
Year built
2017
Sq. Ft.
3,357
Lot Size
3,615
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
--
APN
048-240-50

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
$6,750,000
Median List Price/Sq.Ft.
$2,241
Median Sold Price
$4,625,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
45
Median Sale to List Price %
92.59%
Avg Days on Market
69
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

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Related Resources to 507 L St

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.