5501 River Ave, Newport Beach, CA 92663
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5501 River Ave Newport Beach, CA 92663

$9,350 Leased Price as of 08/16/2023
  • 3 Beds
  • 3.5 Baths
  • 1,774 Sq.Ft.
Leased
$9,350 Leased Price as of 08/16/2023 Refinance Your Mortgage

Map preview of 5501 River Ave, Newport Beach, CA 92663

Property Overview: 5501 River Ave Newport Beach, CA has 3 bedrooms, 3.5 bathrooms, 1,774 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This stunning property offers an exquisite blend of modern design and desirable features. With 3 bedrooms, all privately ensuited & 3.5 bathrooms, this home is perfect for those seeking contemporary luxury in a prime beachside location. As you approach the property, you'll immediately notice its impressive curb appeal from the front street. Step inside and be greeted by an abundance of natural light that fills every room, creating a welcoming & airy atmosphere. The interior has been meticulously designed to satisfy contemporary tastes, with attention to detail evident in every corner. The fully equipped gourmet kitchen is a chef's dream, boasting sleek quartz countertops, a convenient kitchen island w/ a breakfast bar & top-of-the-line appliances. Prepare culinary masterpieces w/ ease using the built-in Sub-Zero refrigerator, Wolff 6-burner range with grill and oven, and dishwasher. The property offers ample storage options, ensuring all your belongings can be neatly organized. The laundry room features side-by-side pedestal Samsung washer&dryer. Enjoy outdoor living and entertaining on the spacious patio located off the main living area, as well as a second patio off the main bedroom. The main bedroom is a true retreat, featuring a walk-in wardrobe, separate toilet, large bath, and two separate sink areas. Additional highlights include attached 2-car garage, while side access reveals an outdoor shower, a delightful oasis that invites you to cleanse away the salt-kissed skin or the remnants of sandy adventures. If 3 bedrooms is too many, the ground floor room presents itself as a versatile space easily transformed into a personal gym or seamlessly blend w/ the vibrant entertaining area. Speaking of entertaining, the fully equipped entertaining area is perfect for hosting gatherings. It boasts corner built-in seating, a BBQ area, prep bench and outdoor fridge. Privacy is provided by outdoor hedging & planter boxes, ensuring you can relax and enjoy your time outdoors. Located just a block away from the beach, this property offers superb proximity to the coastal lifestyle. Take advantage of easy access to Newport Pier, Lido Village, cafés, shopping destinations, the legendary "Wedge" surf spot, and the renowned Lido House Hotel. Don't miss this incredible opportunity to live in a contemporary gem in one of Newport Beach's most sought-after neighborhoods.

Listed by Benjamin Brady | BRE #01996266 | Harcourts Property Management
Last checked: 12 minutes ago | Last updated: August 21st, 2023 | Source CRMLS | DOM: 54

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
2015
Garage
2 Car
Property Type:
Single Family Home
Status
Leased
MLS#
OC23112355
City
Newport Beach
County
Orange
Time on Site
314 days

Virtual Tour

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Property Details for 5501 River Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, ENERGY STAR Qualified Equipment
Heating Information
  • Has Heating
  • Central, ENERGY STAR Qualified Equipment
Laundry Information
  • Has Laundry
  • Dryer Included, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 0
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen, In Living Room
  • Flooring: Laminate, Wood
  • Entry, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Instant Hot Water, Microwave, Refrigerator, Water Line to Refrigerator
  • Kitchen Island, Kitchen Open to Family Room, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen, Self-closing cabinet doors, Self-closing drawers
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
Interior Features
  • 2 Staircases, Balcony, Built-in Features, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Quartz Counters, Recessed Lighting
  • Levels: Three Or More
  • Window Features: Blinds, Double Pane Windows, Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Panel Doors, Sliding Doors
Exterior Features
Exterior Information
  • Has Fence
  • Excellent Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Covered, Deck, Enclosed Glass Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access, Garage - Single Door
  • Has Attached Garage
Property Information
  • Has View
  • View: Hills
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 93061515
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
  • Offered With Property: Washer & Dryer, fridge/freezer, 2 TV's (Samsung and Sony - living room & 3rd bedroom, outdoor umbrellas, outdoor table and chairs
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Assessments: None, Buyer to Verify
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Seashore Townhomes (SSTH)
  • Directions: 55 South then take xit PCH-North, left on Balboa, right on River Ave.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Privately Maintained
Neighborhood Information
  • Community Features: Biking, Golf, Hiking, Park, Watersports, Sidewalks, Street Lights
View more facts & features

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Sale History for 5501 River Ave

Last leased for $9,350 on August 16th, 2023
  • August, 2023

  • Aug 16, 2023

    Date

    Leased

    CRMLS: OC23112355

    $9,350

    Price

  • Jun 23, 2023

    Date

    Active

    CRMLS: OC23112355

    $13,500

    Price

  • November, 2016

  • Nov 30, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,873,500

    Price

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Tax History for 5501 River Ave

Assessed Value (2020): $1,988,071
Year Land Value Improved Value Assessed Value
2020 $1,557,306 $430,765 $1,988,071

Home Value Compared to the Market

This property vs the competition

5501 River Ave has recently been leased in the city of Newport Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Newport Beach has a median list price of $4,298,800. The median price per/sqft for Newport Beach is $1,506. With those numbers in mind, if you are looking to purchase a median priced home in Newport Beach, CA and put 20% down you will need to save up $859,760 for the down payment and will need roughly $85,976 for closing costs on top of the down payment.

About 5501 River Ave

Detailed summary of property

5501 River Ave is a single family home that was recently leased in Newport Beach, CA 92663. This house offered 3 bedrooms, 3.5 bathrooms, roughly 1,774 living square feet, and sits on an approximately -- square foot lot. 5501 River Ave was first listed on ArdentRealEstateGroup.com on June 23, 2023. The homeowner leased the property for $9,350. While the average home in Newport Beach, CA is selling in 74 days, 5501 River Ave has a days on market of 54 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. Local homes that are currently for sale include 240 Nice Ln #208, 230 Lille Ln #106 and 20 Balboa Coves. For more information on this home for lease at 5501 River 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 5501 River Ave

Public county record property details
Beds
2
Baths
3
Year built
2016
Sq. Ft.
1,774
Lot Size
--
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
930-615-15

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
$4,299,000
Median List Price/Sq.Ft.
$1,509
Median Sold Price
$3,700,000
Median Sold Price/Sq.Ft.
$1,494
Total Inventory
86
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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Related Resources to 5501 River Ave

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.