706 Park Ave, Newport Beach, CA 92662
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706 Park Ave Newport Beach, CA 92662

$2,900,000 Sold Price as of 08/08/2019
  • 4 Beds
  • 3.5 Baths
  • 2,400 Sq.Ft.
Sold
$2,900,000 Sold Price as of 08/08/2019 Refinance Your Mortgage

Map preview of 706 Park Ave, Newport Beach, CA 92662

Property Overview: 706 Park Ave Newport Beach, CA has 4 bedrooms, 3.5 bathrooms, 2,400 living square feet and 2,520 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic, BRAND NEW, 4-bedroom Balboa Island home on a 42-foot-extra-wide lot with sunny southern exposure. The advantageous width of the lot allows for a beautifully designed open concept first floor great room with abundant dining and living space, including a fireplace and a deluxe chef’s kitchen with seating island and Thermador appliances. The lot also accommodates an Island rarity: both a 2-car garage and a driveway for 2 additional spaces. The 2nd level offers a large master bedroom suite with balcony, and a spa-quality bath with tub, shower, and dual sinks; plus 3 additional bedrooms, one ensuite; and a professional 2nd floor laundry space. The 3rd level showcases one of the largest and most fully equipped roof decks on the Island. A built-in barbecue, wine cooler, fireplace and a covered loggia are included with the awesome views from the roof deck. Don’t miss this amazing opportunity to live in a brand new home on Balboa Island for under $3,000,000!

Listed by Donald Abrams | BRE #01234323 | Abrams Coastal Properties
Last checked: 12 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
2,520
HOA Dues
$0/mo
Year built
2018
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP19131200
City
Newport Beach
County
Orange
Time on Site
1380 days

Virtual Tour

Use the following link to view this property's virtual tour:


Property Details for 706 Park Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Dual
Heating Information
  • Has Heating
  • Central, Forced Air
Laundry Information
  • Has Laundry
  • Individual Room, Inside, Upper Level
Fireplace Information
  • Has Fireplace
  • Living Room, Outside
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Area, In Kitchen
  • Flooring: Wood
  • All Bedrooms Up, Kitchen, Laundry, Living Room, Master Suite, Walk-In Closet
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Tankless Water Heater
  • Corian Counters, Kitchen Island, Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
Interior Features
  • Balcony, Cathedral Ceiling(s), Corian Counters
  • Levels: Three Or More
  • Window Features: Double Pane Windows
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Roof Top
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access, Driveway, Garage Faces Side
  • Has Attached Garage
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Bay, City Lights, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 05009214
  • Year Built Source: Public Records
  • Architectural Style: Mid Century Modern
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Directions: Marine Ave to Park go right. Home will be on the right between Diamond and Ruby Street.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 706 Park Ave

Last sold for $2,900,000 on August 8th, 2019
  • January, 2021

  • Jan 16, 2021

    Date

    Expired

    CRMLS: NP20191386

    $3,149,000

    Price

  • Jan 15, 2021

    Date

    Hold

    CRMLS: NP20191386

    $3,149,000

    Price

  • Jan 15, 2021

    Date

    Active

    CRMLS: NP20191386

    $3,149,000

    Price

  • Nov 8, 2020

    Date

    Hold

    CRMLS: NP20191386

    $3,149,000

    Price

  • Oct 8, 2020

    Date

    Price Change

    CRMLS: NP20191386

    $3,149,000

    Price

  • Sep 16, 2020

    Date

    Active

    CRMLS: NP20191386

    $3,249,000

    Price

  • Listing provided courtesy of CRMLS

    This stunning centrally located 4 bedroom 3 ½ bath Balboa Island beach modern property sits on an extra-wide 42’ lot. With sliding glass doors that allow an abundance of natural light to flow throughout the main floor and maximize the indoor/outdoor space, this home is designed for Island living and entertaining at its finest. The main floor also boasts generous space for dining, a deluxe chef’s kitchen including a large island, high end appliances and a beautiful fireplace. The highly sought after extra-wide lot allows for both a 2-car garage and a driveway with 2 additional parking spaces, which is a rarity on Balboa Island. The second level offers a large master bedroom suite with balcony, and a spa-quality bath with tub, shower, and dual sinks. The second level also has three additional bedrooms, one with an en-suite bathroom and one that has been converted into a spectacular walk-in closet that could be restored back to a bedroom with minimal effort, along with a large laundry room. The third level showcases one of the largest and most fully equipped roof decks on the Island with a custom built-in barbecue, wine cooler, fireplace, artificial grass and a covered loggia, which allows for gorgeous views from the roof deck. Last but not least, the side yard includes 66’ of artificial grass that makes for the perfect dog run. 3D Virtual Tour: https://my.matterport.com/show/?m=sfDjXzppsJZ&mls=1&ts=2

  • August, 2019

  • Aug 12, 2019

    Date

    Sold

    CRMLS: NP19131200

    $2,900,000

    Price

  • Jul 5, 2019

    Date

    Pending

    CRMLS: NP19131200

    $2,995,000

    Price

  • Jun 26, 2019

    Date

    Active Under Contract

    CRMLS: NP19131200

    $2,995,000

    Price

  • Jun 12, 2019

    Date

    Active

    CRMLS: NP19131200

    $2,995,000

    Price

  • August, 2019

  • Aug 8, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,900,000

    Price

  • November, 2018

  • Nov 8, 2018

    Date

    Canceled

    CRMLS: PW18138981

    $2,990,000

    Price

  • Aug 17, 2018

    Date

    Price Change

    CRMLS: PW18138981

    $2,990,000

    Price

  • Jun 27, 2018

    Date

    Price Change

    CRMLS: PW18138981

    $3,290,000

    Price

  • Jun 12, 2018

    Date

    Active

    CRMLS: PW18138981

    $3,390,000

    Price

  • Listing provided courtesy of CRMLS

    Proudly presenting this wonderful custom home for Summer 2018! This 4 bedroom, 4 bathroom home has two-car garage with a driveway for extra two car parking spaces, which is rare to find on the Balboa Island! Open concept kitchen has a huge island with LED light strips, all new Thermador refrigerator/range/dishwasher, two-tone cabinets and two-tone countertops. Spacious dining area and living area are all in one space. Master Bedroom and Master Bathroom have a balcony, walk-in closet with barn door, dual sinks, and freestanding tub with wet bath concept. Laundry room comes with a skylight that provides extra lights. Rooftop features built-in BBQ, built-in wine cooler, fireplace, and covered rooftop with beautiful views of Balboa Island! Huge covered rooftop serves as an extra entertaining space that is not included in the living square footages. Postless glass walls throughout the deck. Dual zone heating and AC. Tankless water heater. Enjoy the spectacular views and BBQ on the covered rooftop! Close proximity to the Village, shops, dining, and bay with all Balboa Island has to offer! Be the first to live in this newly built custom home!

  • June, 2018

  • Jun 11, 2018

    Date

    Canceled

    CRMLS: PW18025780

    $3,340,000

    Price

  • May 24, 2018

    Date

    Price Change

    CRMLS: PW18025780

    $3,340,000

    Price

  • May 1, 2018

    Date

    Price Change

    CRMLS: PW18025780

    $3,390,000

    Price

  • Apr 4, 2018

    Date

    Price Change

    CRMLS: PW18025780

    $3,490,000

    Price

  • Mar 14, 2018

    Date

    Active

    CRMLS: PW18025780

    $3,599,000

    Price

  • Feb 2, 2018

    Date

    Hold

    CRMLS: PW18025780

    $3,599,000

    Price

  • Feb 2, 2018

    Date

    Active

    CRMLS: PW18025780

    $3,599,000

    Price

  • Listing provided courtesy of CRMLS

    One of the most artistic brand new Modern custom home on the Balboa Island! This 4 bedroom, 4 bathroom home has two-car garage with a driveway for extra two car parking spaces, which is rare to find on the Balboa Island! Open concept kitchen has a huge island with LED light strips, all new Thermador refrigerator/range/dishwasher, two-tone cabinets and two-tone countertops. Spacious dining area and living area are all in one space. Master Bedroom and Master Bathroom have a balcony, walk-in closet with barn door, dual sinks, and freestanding tub with wet bath concept. Laundry room comes with a skylight that provides extra lights. Rooftop features built-in BBQ, built-in wine cooler, fireplace, and covered rooftop with beautiful views of Balboa Island! Huge covered rooftop serves as an extra entertaining space that is not included in the living square footages. Postless glass walls throughout the deck. Dual zone heating and AC. Tankless water heater. Enjoy the spectacular views and BBQ on the covered rooftop! Close proximity to the Village, shops, dining, and bay with all Balboa Island has to offer! Be the first to live in this newly built custom home!

  • February, 2018

  • Feb 1, 2018

    Date

    Expired

    CRMLS: PW17172881

    $3,599,000

    Price

  • Dec 9, 2017

    Date

    Active

    CRMLS: PW17172881

    $3,599,000

    Price

  • Oct 11, 2017

    Date

    Hold

    CRMLS: PW17172881

    $3,599,000

    Price

  • Jul 28, 2017

    Date

    Active

    CRMLS: PW17172881

    $3,599,000

    Price

  • Listing provided courtesy of CRMLS

    One of the most artistic brand new Modern custom home on the Balboa Island! This 4 bedroom, 4 bathroom home has two-car garage with a driveway for extra two car parking spaces, which is rare to find on the Balboa Island! Open concept kitchen has a huge island with LED light strips, all new Thermador refrigerator/range/dishwasher, two-tone cabinets and two-tone countertops. Spacious dining area and living area are all in one space. Master Bedroom and Master Bathroom have a balcony, walk-in closet with barn door, dual sinks, and freestanding tub with wet bath concept. Laundry room comes with a skylight that provides extra lights. Rooftop features built-in BBQ, built-in wine cooler, fireplace, and covered rooftop with beautiful views of Balboa Island! Huge covered rooftop serves as an extra entertaining space that is not included in the living square footages. Postless glass walls throughout the deck. Dual zone heating and AC. Tankless water heater. Enjoy the spectacular views and BBQ on the covered rooftop! Close proximity to the Village, shops, dining, and bay with all Balboa Island has to offer! Be the first to live in this newly built custom home!

  • June, 2015

  • Jun 12, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,620,000

    Price

Show More

Tax History for 706 Park Ave

Assessed Value (2020): $2,425,364
Year Land Value Improved Value Assessed Value
2020 $1,673,501 $751,863 $2,425,364

Home Value Compared to the Market

This property vs the competition

706 Park Ave sold on August 8, 2019 for 19.05% 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 $1247.92 per/sqft which puts the price per square foot 8.24% lower than the current median sale per square foot for the city of Newport Beach.

About 706 Park Ave

Detailed summary of property

706 Park Ave is a single family home that recently sold in Newport Beach, CA 92662. This house offered 4 bedrooms, 3.5 bathrooms, roughly 2,400 living square feet, and sits on an approximately 2,520 square foot lot. 706 Park Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $2,900,000. 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 19.05% lower than the current median priced home. Local homes that are currently for sale include 257 Esther St, 2501 Via Marina and 305 Costa Bella Court. While the average home in Newport Beach, CA is selling in 74 days, 706 Park Ave has a days on market of 8 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 706 Park Ave 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 706 Park Ave

Public county record property details
Beds
4
Baths
3
Year built
2016
Sq. Ft.
2,523
Lot Size
2,550
Stories
1
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
17,1
APN
050-092-14

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
$4,949,000
Median List Price/Sq.Ft.
$2,379
Median Sold Price
$6,300,000
Median Sold Price/Sq.Ft.
$2,734
Total Inventory
10
Median Sale to List Price %
98.51%
Avg Days on Market
19
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (66.67%), Other (33.33%)

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Related Resources to 706 Park 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.