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531 Tustin Ave, Newport Beach, CA 92663
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531 Tustin Ave Newport Beach, CA 92663

$3,275,000 Sold Price as of 01/27/2020
  • 5 Beds
  • 4.5 Baths
  • 5,458 Sq.Ft.
Sold
$3,275,000 Sold Price as of 01/27/2020 Refinance Your Mortgage
Map preview of 531 Tustin Ave, Newport Beach, CA 92663

Property Overview: 531 Tustin Ave Newport Beach, CA has 5 bedrooms, 4.5 bathrooms, 5,458 living square feet and 6,375 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Exquisitely crafted custom home, newly renovated to perfection: This 5 bedroom estate with a 4-car garage features 64 windows and glass doors streaming SoCal sunshine. Ideal for entertaining with chef's kitchen, quartz countertops, butler's pantry, 3 sinks w/ garbage disposals, and Thermador appliances including a double oven, a second oven with warming drawer, 2 dishwashers, and an oversized refrigerator. While cooking, effortlessly converse with family in the breakfast nook or living room where a copper fireplace adds warmth and brilliance. The home has a sophisticated feel with high contrast dark floors and white walls, an overabundance of custom cabinets, 3 fireplaces, luxurious crown molding, large laundry room, surround sound wired throughout, 4 en suite bedrooms, and an additional 5th bonus office/bedroom with a walk in closet and private terrace. Outside find a private patio with a Viking bbq and massive salt system spa that comfortably holds 15+ with waterfall and fire bowl. The spacious master has a balcony, a retreat for an office, gym or sitting area, and a spa-like bath with a generous shower with 3 shower heads, soaking tub, heated towel bar, and huge walk in closet with a limestone topped island. Upstairs has a sun-filled family room perfect for a teen hangout area or game/screening room. Located in the Newport Heights and walking distance to elite schools, beach, dining and shopping areas including the Peninsula and Lido.

Listed by Jonathan Minerick | BRE #01523060 | Homecoin.com
Last checked: 10 minutes ago | Last updated: November 23rd, 2021 | Source CRMLS | DOM: 204

Home details

Lot Sq. Ft
6,375
HOA Dues
$0/mo
Year built
2007
Garage
4 Car
Property Type:
Single Family Home
Status
Sold
MLS#
TR19129242
City
Newport Beach
County
Orange
Time on Site
1398 days

Virtual Tour

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Property Details for 531 Tustin Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Dual, Zoned
Heating Information
  • Has Heating
  • Central, Zoned, Forced Air, Fireplace(s)
Laundry Information
  • Has Laundry
  • Dryer Included, Gas & Electric Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup, Washer Included
Fireplace Information
  • Has Fireplace
  • Bonus Room, Family Room, Library, Fire Pit
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, Dining Room
  • Flooring: Wood
  • Bonus Room, Den, Entry, Family Room, Formal Entry, Foyer, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Retreat, Separate Family Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Indoor Grill, Ice Maker, Instant Hot Water, Microwave, Refrigerator, Self Cleaning Oven, Warming Drawer, Water Heater Central, Water Line to Refrigerator, Water Purifier
  • Butler's Pantry, Kitchen Open to Family Room, Quartz Counters, Remodeled Kitchen, Walk-In Pantry
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 1
Interior Features
  • Balcony, Built-in Features, Ceiling Fan(s), Crown Molding, High Ceilings, Pantry, Recessed Lighting, Stone Counters, Storage, Wired for Data, Wired for Sound
  • Levels: Two
  • Security Features: Fire and Smoke Detection System, Fire Sprinkler System, Wired for Alarm System
Exterior Features
Exterior Information
  • Roof: Clay
  • Barbecue Private, Rain Gutters, Satellite Dish
  • Has Fence
  • Block, Excellent Condition, Stone
  • Has Spa
  • Spa Features: Private, Heated, In Ground
  • Has Sprinklers
Exterior Features
  • Has Patio
  • Has Pool
  • Pool Features: Private, Heated, Gas Heat, In Ground, Salt Water
  • Patio
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage Faces Rear, Garage Door Opener
  • Has Attached Garage
Lot Information
  • Lot Features: Front Yard, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers Timer, 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: 04903412
  • Year Built Source: Appraiser
  • Architectural Style: Custom Built
  • Property is not Attached
  • Accessibility Features: 2+ Access Exits
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Newport Heights (NEWH)
  • Directions: Newport Blvd > E 15th St > Tustin
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
Neighborhood Information
  • Community Features: Street Lights, Suburban
View more facts & features

Local Newport Beach Agent

Sale History for 531 Tustin Ave

Last sold for $3,275,000 on January 27th, 2020

  • January, 2020

  • Jan 28, 2020

    Date

    Sold

    CRMLS: TR19129242

    $3,275,000

    Price

  • Dec 25, 2019

    Date

    Pending

    CRMLS: TR19129242

    $3,399,000

    Price

  • Sep 25, 2019

    Date

    Price Change

    CRMLS: TR19129242

    $3,399,000

    Price

  • Jun 3, 2019

    Date

    Active

    CRMLS: TR19129242

    $3,499,000

    Price

  • January, 2020

  • Jan 27, 2020

    Date

    Sold (Public Records)

    Public Records

    $3,275,000

    Price

  • June, 2019

  • Jun 3, 2019

    Date

    Canceled

    CRMLS: TR19058084

    $3,499,000

    Price

  • May 30, 2019

    Date

    Price Change

    CRMLS: TR19058084

    $3,499,000

    Price

  • May 13, 2019

    Date

    Price Change

    CRMLS: TR19058084

    $3,599,000

    Price

  • Apr 11, 2019

    Date

    Price Change

    CRMLS: TR19058084

    $3,750,000

    Price

  • Mar 15, 2019

    Date

    Active

    CRMLS: TR19058084

    $3,888,000

    Price

  • Listing provided courtesy of CRMLS

    Exquisitely crafted custom home, newly renovated to perfection: This 5 bedroom estate with a 4-car garage features 64 windows and glass doors streaming SoCal sunshine. Ideal for entertaining with chef’s kitchen, quartz countertops, butler’s pantry, 3 sinks w/ garbage disposals, and Thermador appliances including a double oven, a second oven with warming drawer, 2 dishwashers, and an oversized refrigerator. While cooking, effortlessly converse with family in the breakfast nook or living room where a copper fireplace adds warmth and brilliance. The home has a sophisticated feel with high contrast dark floors and white walls, an overabundance of custom cabinets, 3 fireplaces, luxurious crown molding, large laundry room, surround sound wired throughout, 4 en suite bedrooms, and an additional 5th bonus office/bedroom with a walk in closet and private terrace. Outside find a private patio with a Viking bbq and massive salt system spa that comfortably holds 15+ with waterfall and fire bowl. The spacious master has a balcony, a retreat for an office, gym or sitting area, and a spa-like bath with a generous shower with 3 showerheads, soaking tub, heated towel bar, and huge walk in closet with a limestone topped island. Upstairs has a sun-filled family room perfect for a teen hangout area or game/screening room. Located in the Newport Heights and walking distance to elite schools, dining and shopping areas including the Peninsula and Lido.

  • June, 2015

  • Jun 4, 2015

    Date

    Sold (Public Records)

    Public Records

    $2,825,000

    Price

  • March, 2015

  • Mar 26, 2015

    Date

    Price Change

    CRMLS: NP15062645

    $2,850,000

    Price

  • Listing provided courtesy of CRMLS

    Absolutely stunning Custom home built in 2007 located in the highly desirable Newport Heights neighborhood. Features 5 bedrooms, 4.5 baths and 5,300 sq ft. of light-filled living space. The downstairs includes formal entry, living room, office/5th bedroom, dining room, powder room, downstairs bedroom w/bath, and a family room. The beautiful gourmet kitchen is complete w/breakfast nook, Thermador Professional stainless appliances, 3 ovens, six-burner stove w/grill, warming drawer, dual dishwashers, 48” refrigerator, butlers pantry, wine cellar, granite counter tops, farmhouse sink and center island. Walk out the French doors to the sunny courtyard featuring built in BBQ and entertaining area. The upstairs includes an incredible master bedroom w/retreat, large walk-in closet w/built-ins and center island. Generous master bath w/soaking tub, two sinks, vanity, large shower, heated towel bar, coffee station/linen closet, library, laundry room, two bedrooms w/full baths, and family game room. This home boasts custom cabinetry, crown molding, wide plank distressed oak flooring, designer lighting, custom window coverings, 4-car garage w/overhead storage and so much more! Enjoy close proximity to award winning schools, parks, shopping, restaurants, and beaches.

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Tax History for 531 Tustin Ave

Assessed Value (2020): $3,121,480
Year Land Value Improved Value Assessed Value
2020 $1,672,388 $1,449,092 $3,121,480

Home Value Compared to the Market

This property vs the competition

531 Tustin Ave sold on January 27, 2020 for 8.14% 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 $622.76 per/sqft which puts the price per square foot 54.21% lower than the current median sale per square foot for the city of Newport Beach.

About 531 Tustin Ave

Detailed summary of property

531 Tustin Ave is a single family home that recently sold in Newport Beach, CA 92663. This house offered 5 bedrooms, 4.5 bathrooms, roughly 5,458 living square feet, and sits on an approximately 6,375 square foot lot. 531 Tustin Ave was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $3,275,000. 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 8.14% lower than the current median priced home. Local homes that are currently for sale include 123 E Bay Ave, 1534 Santiago Dr and 2150 Newport Blvd.. While the average home in Newport Beach, CA is selling in 73 days, 531 Tustin Ave has a days on market of 204 days. There are currently 275 homes for sale in the Newport Beach real estate market and 208 of them are single family homes while 54 of them are condos and 13 are townhomes. For more information on this home for sale at 531 Tustin Ave Newport Beach, CA 92663 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 531 Tustin Ave

Public county record property details
Beds
4
Baths
4
Year built
2006
Sq. Ft.
5,454
Lot Size
6,375
Stories
1
Type
Single Family Residential
Pool
No
Spa
Yes
County
Orange
Lot#
17
APN
049-034-12

The source for these homes facts are from public records.

92663 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,395,000
Median List Price/Sq.Ft.
$1,557
Median Sold Price
$3,700,000
Median Sold Price/Sq.Ft.
$1,494
Total Inventory
88
Median Sale to List Price %
105.87%
Avg Days on Market
21
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (47.06%), Other (35.29%)

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Recently Sold Homes Near 531 Tustin Ave

515 Tustin Ave, Newport Beach, CA 92663
$5,050,000 Last Sold Price
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6 Baths
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515 Tustin Ave
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516 Tustin Ave, Newport Beach, CA 92663
$6,500,000 Last Sold Price
5 Beds
6 Baths
5800 Sq.Ft.
516 Tustin Ave
Newport Beach, CA 92663
507 Tustin Ave, Newport Beach, CA 92663
$1,560,000 Last Sold Price
3 Beds
2 Baths
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507 Tustin Ave
Newport Beach, CA 92663
524 Tustin Ave, Newport Beach, CA 92663
$2,550,000 Last Sold Price
4 Beds
2 Baths
1206 Sq.Ft.
524 Tustin Ave
Newport Beach, CA 92663

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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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