See Home Value
$5,488,995*
House - Off Market

125 Via Venezia

Newport Beach, CA 92663
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2988 Sqft
$4,856,000 - $5,934,000
Reference Base Price*
1.74%
Since May 1, 2023
National-US
Primary Model
Sold Jun 22, 2023
$4,500,000
$2,700,000 by Ubs Bank Usa
Mortgage Due Aug 01, 2053

About This Property

LIDO ISLE. Once in a rare while a home comes to market that is so refreshingly unique, possessing an inspiration and perfect palette that tugs in a manner that suggests: I can and will make this exceptional place even more phenomenal. Once you lay eyes on and step foot into this wonderful residence, sited on 53', extra-wide Lido Isle parcel (nearly a double-lot), adjacent to a charming strada, you will instantly feel the "it" factor that this home generates and a smile will beam from your face. Reimagined by Lydia Wang Hine and Associates and offering the best of Newport Beach coastal living on beautiful Lido Isle, 125 Via Venezia is a mid-century modern, 4-bedroom, approximate 3000sf home that is beyond compare. Of note of this location, is that all of the homes on this wonderful street, steps to the Lido Isle beach and clubhouse, are on considerably oversized lots; supplying a sense of space. Rare for this desirable island, guests enter the spacious entryway, highlighted by custom contemporary shelving perfect for displaying books and collectibles and are awe-inspired as they are greeted to open floorplan bathed in natural light emanating from multiple windows and skylights. Thoughtful details such as high ceilings, unique features, a fireplace and built-in cabinetry are standout features of the living room, which flows into the dining area and kitchen with views towards the private, sunlit patio. Glass doors line the large, lushly landscaped courtyard and an adjacent wet bar makes entertaining easy with a separate Dutch door entry onto the outdoor entertaining space. The downstairs also includes three bedrooms, one en-suite and two with a shared guest bathroom. On the second level is a private, light-filled primary suite with built-in cabinetry, a spa-like bathroom, and a large custom closet. A generous downstairs craft room with plenty of counter space and storage plus a two-car garage complete the home. Many gatherings, family events and functions have been enjoyed within these walls and it's time for a new generation of memories to be created.  Located at the quiet end of Lido Isle, the home is just moments from San Remo park and tennis courts, the Lido Isle Yacht Club and private community beach plus other neighborhood amenities. You are also a short stroll to world-class shopping, dining, and entertainment in Lido Marina Village.

The manager has listed the unit size as 2988 square feet.
Unit Size
2,988Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$1,806
Property Type
House
Property Taxes
-
HOA Dues
$2,100
Year Built
1947

Price History

Date / Event Date Event Price
Jun 22, 2023 Sold to Joseph Michael Scardino, Ot... $4,500,000
Sold to Joseph Michael Scardino, Ot...
Apr 19, 2023 No longer available -
No longer available
Feb 28, 2023 Listed $5,395,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 380
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,620
  • Total Building Area: 2,911
  • Building Area: 2,911
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,911
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 907
  • Land Acres: 0.106
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 907 BLK LOT 276 TR 907 LOT 276(AND SWLY1/2 LOT 275

Ownership

  • Current Owner : SCARDINO JOSEPH MICHAEL
  • Current Owner 2: SCARDINO OTTAVIA FEY
  • Previous Owner : JUDY B ROSENER SURVIVORS TRUST
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Oct 23, 2023

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 062900

Geography

  • Assessors Map Reference: 31-D6
  • Subdivision Tract Number: 907
  • Parcel: 423-263-06
  • Lot: 276
  • Latitude: 33.6105
  • Longitude: -117.913

    Address

  • Full Address: 125 Via Venezia
  • Address - House Number: 125
  • Address - Street Name: Via Venezia
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 5516
  • Zip Code: 92663

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,784
  • Tax Rate Code Area: 07-001

    Appraisal Valuation

  • Standard Deviation: 0.0506
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 99
  • Final Value: 5,299,700
  • High Value: 5,568,014
  • Low Value: 5,031,385

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,700,000
  • First Open Lien Mortgage Lender: UBS BANK USA
  • First Open Lien Mortgage Recording Date: Jul 14, 2023
  • First Open Lien Mortgage Loan Amount: $2,700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,287
  • Assessed Land Value: $132,275
  • Assessed Improvements Value: $104,012

    Sales

  • Current Sale Contract Date: Jun 12, 2023
  • Current Sale Recording Date: Jun 22, 2023
  • Current Sale Transaction ID: 11908463318
  • Current Sale Price: $4,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 148573



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
2,655 ft²
$1,826/ft²
$4,849,000 Feb 7, 2023
-
$1,300/mo
House
4 Beds
3.5 Baths
3,850 ft²
$1,635/ft²
$6,295,000 Mar 11, 2023
-
$2,000/mo
House
3 Beds
3.5 Baths
2,850 ft²
$1,893/ft²
$5,395,000 Apr 12, 2023
-
$1,300/mo

About Newport Beach


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Frequently Asked Questions

When was property at 125 Via Venezia built and last sold?
The property at 125 Via Venezia was built in 1947 and last sold on Jun 12, 2023 for $4,500,000.
How much is this home worth?
The estimated value of the home located at 125 Via Venezia is $5,427,440.
What are some comparable homes to 125 Via Venezia?
Homes that are comparable to 125 Via Venezia include a house property at 110 Via Orvieto, 908 Zurich Circle, 912 Zurich Circle.

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