7 Inverness Ln, Newport Beach, CA 92660
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7 Inverness Ln Newport Beach, CA 92660

$4,629,000 Sold Price as of 10/29/2018
  • 3 Beds
  • 2.5 Baths
  • 4,687 Sq.Ft.
Sold
$4,629,000 Sold Price as of 10/29/2018 Refinance Your Mortgage

Map preview of 7 Inverness Ln, Newport Beach, CA 92660

Property Overview: 7 Inverness Ln Newport Beach, CA has 3 bedrooms, 2.5 bathrooms, 4,687 living square feet and 12,194 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Sensational single level home with expansive views in Big Canyon.

Listed by John Cain | BRE #01467294 | Pacific Sotheby's Int'l Realty
Last checked: 8 minutes ago | Last updated: September 18th, 2021 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
12,194
HOA Dues
$355/mo
Year built
2005
Garage
3 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC18228740
City
Newport Beach
County
Orange
Time on Site
1125 days

Property Details for 7 Inverness Ln

Interior Features
Cooling Information
  • Has Cooling
  • Zoned
Heating Information
  • Has Heating
  • Zoned, Forced Air
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • Has Fireplace
  • Family Room, Living Room, Gas
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 4
  • Eating Area: Area, Dining Ell, In Kitchen
  • Flooring: Stone, Tile
  • Den, Family Room, Formal Entry, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
Kitchen Information
  • Has Appliances
  • Dishwasher, Double Oven, Freezer, Disposal, Microwave, Refrigerator
  • Kitchen Island, Stone Counters
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
  • # of Baths (3/4): 1
Interior Features
  • Bar, Built-in Features, Ceiling Fan(s), Dry Bar, Open Floorplan, Pantry, Recessed Lighting
  • Levels: One
  • Security Features: 24 Hour Security, Gated Community, Gated with Guard, Guarded
  • Door Features: Double Door Entry, Mirror Closet Door(s)
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Association
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Association
  • Patio, Patio Open
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Has Attached Garage
Lot Information
  • Lot Features: Cul-De-Sac, Sprinkler System
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights, Golf Course
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 44220131
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Big Canyon
  • Association Fee: $115 (Monthly)
  • Second Association Name: Canyon Crest
  • Second Association Fee: $957 (Quarterly)
  • Association Amenities: Pool, Spa/Hot Tub
  • Total Average Monthly Fee: $355
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Schools
School Information
  • Elementary School: Lincoln
  • Elementary School: LINCOL
  • 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: Big Canyon Custom (BCCS)
  • Directions: Take San Joaquin Hills Road to Big Canyon Drive, Turn left onto Burning Tree Road, turn left onto Inverness Lane
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Golf, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 7 Inverness Ln

Last sold for $4,629,000 on October 29th, 2018
  • November, 2018

  • Nov 1, 2018

    Date

    Sold

    CRMLS: OC18228740

    $4,629,000

    Price

  • Oct 4, 2018

    Date

    Pending

    CRMLS: OC18228740

    $4,995,000

    Price

  • Sep 19, 2018

    Date

    Active Under Contract

    CRMLS: OC18228740

    $4,995,000

    Price

  • Sep 19, 2018

    Date

    Active

    CRMLS: OC18228740

    $4,995,000

    Price

  • October, 2018

  • Oct 29, 2018

    Date

    Sold (Public Records)

    Public Records

    $4,629,000

    Price

  • July, 2003

  • Jul 31, 2003

    Date

    Sold (Public Records)

    Public Records

    $2,500,000

    Price

Show More

Tax History for 7 Inverness Ln

Assessed Value (2020): $4,721,580
Year Land Value Improved Value Assessed Value
2020 $3,803,580 $918,000 $4,721,580

Home Value Compared to the Market

This property vs the competition

7 Inverness Ln sold on October 29, 2018 for 35% 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 $1065.71 per/sqft which puts the price per square foot 21.64% lower than the current median sale per square foot for the city of Newport Beach.

About 7 Inverness Ln

Detailed summary of property

7 Inverness Ln is a single family home that recently sold in Newport Beach, CA 92660. This house offered 3 bedrooms, 2.5 bathrooms, roughly 4,687 living square feet, and sits on an approximately 12,194 square foot lot. 7 Inverness Ln was first listed on ArdentRealEstateGroup.com on April 7, 2021. The homeowner sold the property for $4,629,000. 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 35% higher than the current median priced home. Local homes that are currently for sale include 1924 Leeward Ln, 1103 Balboa Ave and 104 Onyx Ave. This home does have a Homeowners Association and the monthly fee is $355 per month. 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 7 Inverness Ln 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 7 Inverness Ln

Public county record property details
Beds
2
Baths
3
Year built
2005
Sq. Ft.
4,687
Lot Size
12,194
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
64
APN
442-201-31

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
131
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 7 Inverness Ln

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.