7 Collins Island, Newport Beach, CA 92662
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7 Collins Island Newport Beach, CA 92662

$12,540,000 Sold Price as of 06/03/2022
  • 5 Beds
  • 3.5 Baths
  • 3,498 Sq.Ft.
Sold
$12,540,000 Sold Price as of 06/03/2022 Refinance Your Mortgage

Map preview of 7 Collins Island, Newport Beach, CA 92662

Property Overview: 7 Collins Island Newport Beach, CA has 5 bedrooms, 3.5 bathrooms, 3,498 living square feet and 6,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Among the most exclusive addresses in Newport Beach, this extraordinary property is one of only eight homes on private-gated Collins Island, capturing pristine harbor views from every vantage point. The huge 6,000 sq ft lot hosts a completely reimagined residence that has recently been remodeled inside and out, with 150 linear feet on the water and two dock spaces to accommodate approx. 71' and 43' boats. A light-filled foyer beckons to three private suites and a main-level great room designed for entertaining, with Lutron controlled lighting installed throughout. Wide-plank floors and bronze finishes enhance a light, airy ambience in the gourmet kitchen and bar, equipped with the finest finishes and chef-level appliances. The Craftsman-inspired living area displays stained glass and built-ins flanking a fireplace, vanishing through bi-fold doors to a waterfront patio with a fire pit and abundant space to dine under the stars, while a unique sunroom living area proceeds through multiple doors to the patio for tranquil indoor-outdoor enjoyment. Retreat upstairs to the stunning primary suite with a sitting area and sunroom/office, private view balcony, stunning primary bath, and vaulted open-beamed ceilings. Each secondary bedroom has an en-suite bath for ultimate privacy and convenience, with one guest suite downstairs. Enjoy shops and dining within blocks on Balboa Island and Marine Ave, or take the ferry across to the Balboa Peninsula. Rare and charming, this is a legacy property unlike any other.

Listed by Joshua Altman | BRE #01764587 | Douglas Elliman of California, Inc.
Co-listed by Andy Stavros | BRE #01408840 | DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Last checked: 13 minutes ago | Last updated: June 4th, 2022 | Source CRMLS | DOM: 113

Home details

Lot Sq. Ft
6,000
HOA Dues
$0/mo
Year built
1974
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
22123299
City
Newport Beach
County
Orange
Time on Site
785 days

Virtual Tour

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Property Details for 7 Collins Island

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside, Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room, Fire Pit
Room Information
  • Eating Area: In Kitchen, Dining Room, Family Kitchen, Breakfast Counter / Bar
  • Flooring: Wood, Stone, Tile
  • Dressing Area, Living Room, Master Bathroom, Entry, Office
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator, Range, Range Hood, Gas Oven, Built-In, Oven, Gas Cooktop
  • Kitchen Island, Walk-In Pantry, Kitchen Open to Family Room, Stone Counters
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Dry Bar, Open Floorplan, Living Room Deck Attached, High Ceilings, Recessed Lighting
  • Levels: Multi/Split
  • Window Features: Bay Window(s)
  • Security Features: Automatic Gate, Gated Community
Exterior Features
Exterior Information
  • Roof: Shake
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Patio Open, Wrap Around
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage - Two Door, Garage, Private, Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Water, Bay, Pier, Ocean, Panoramic
  • Parcel Number: 05001008
  • Year Built Source: Assessor
  • Architectural Style: Cape Cod
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: N Bay Front - Right on Waters Way
View more facts & features

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Sale History for 7 Collins Island

Last sold for $12,540,000 on June 3rd, 2022
  • June, 2022

  • Jun 3, 2022

    Date

    Sold

    CRMLS: 22123299

    $12,540,000

    Price

  • Feb 2, 2022

    Date

    Active

    CRMLS: 22123299

    $15,995,000

    Price

  • October, 2020

  • Oct 28, 2020

    Date

    Sold

    CRMLS: NP20185944

    $7,500,000

    Price

  • Oct 26, 2020

    Date

    Pending

    CRMLS: NP20185944

    $8,500,000

    Price

  • Oct 8, 2020

    Date

    Active Under Contract

    CRMLS: NP20185944

    $8,500,000

    Price

  • Sep 8, 2020

    Date

    Active

    CRMLS: NP20185944

    $8,500,000

    Price

  • Listing provided courtesy of CRMLS

    The ultimate Newport Beach address, 7 Collins Island is lucky in all respects. One of only eight homes on this unique private island at the western tip of Balboa Island, 7 Collins offers a 3498 square foot Cape Cod style home on a giant 6000 square foot lot at the best location in the Harbor. With a dazzling 150 linear feet on the water and dock space for 2 boats (one up to 70 feet long), the 1970’s era home is livable as it is or can be remodeled or rebuilt into an estimated 6800 sf home. The first floor provides a large living room with fireplace, separate sitting, dining, and kitchen areas, a first floor bedroom suite and a large garage with private driveway. The second level comprises a large master suite with its own sitting room and balcony and a 2nd guest suite. With superior views of the Harbor and Beacon Bay, 7 Collins has it all!

  • January, 2008

  • Jan 3, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 7 Collins Island

Assessed Value (2020): $527,817
Year Land Value Improved Value Assessed Value
2020 $329,730 $198,087 $527,817

Home Value Compared to the Market

This property vs the competition

7 Collins Island sold on June 3, 2022 for 392.31% higher than the current median sold price for the city of Newport Beach which is $2,600,000. The median sold price per/sqft for Newport Beach is $1,282 and this home is sold at $3659.23 per/sqft which puts the price per square foot 185.43% higher than the current median sale per square foot for the city of Newport Beach.

About 7 Collins Island

Detailed summary of property

7 Collins Island is a single family home that recently sold in Newport Beach, CA 92662. This house offered 5 bedrooms, 3.5 bathrooms, roughly 3,498 living square feet, and sits on an approximately 6,000 square foot lot. 7 Collins Island was first listed on ArdentRealEstateGroup.com on February 2, 2022. The homeowner sold the property for $12,540,000. Home in Newport Beach are selling for a median price of $2,600,000 and a median price per square foot of $1,282. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 392.31% higher than the current median priced home. Local homes that are currently for sale include 17 Telescope, 16 Clearview and 18 Tasman Sea. While the average home in Newport Beach, CA is selling in 78 days, 7 Collins Island has a days on market of 113 days. There are currently 243 homes for sale in the Newport Beach real estate market and 193 of them are single family homes while 41 of them are condos and 9 are townhomes. For more information on this home for sale at 7 Collins Island Newport Beach, CA 92662 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 7 Collins Island

Public county record property details
Beds
3
Baths
3
Year built
1974
Sq. Ft.
3,498
Lot Size
6,000
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
6
APN
050-010-08

The source for these homes facts are from public records.

92662 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$5,200,000
Median List Price/Sq.Ft.
$2,496
Median Sold Price
$6,505,000
Median Sold Price/Sq.Ft.
$2,028
Total Inventory
9
Median Sale to List Price %
95.73%
Avg Days on Market
76
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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.