See Home Value
Listed by: Michael Fawaz, Compass
$6,833,000
● House - Off Market

16 Faenza

Newport Coast, CA 92657
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,881 Ft²
$34,625
Est. Monthly
$499
HOA / Fees
2.16%
Cap Rate

About This Property

Main level primary suite ,Ideally located high on the hillside overlooking the serene canyon and Pacific Ocean, discover this immaculate 3881 SF property in the coveted community of Coastal Canyon in Newport Coast. With stunning views to Laguna Beach, the canyon, Pacific Ocean and beyond, this home situated on an expansive 9758 SF lot offers maximum privacy with a functional and stylish floorplan. The main level primary retreat showcases a spa-style bath with jetted tub, separate shower, two vanities, and a large walk-in finished closet with views of the coastline and direct access to the backyard oasis. The gourmet kitchen is spacious and accommodating, flowing through to a traditional great room with a fireplace and custom built-ins. The backyard is a private sanctuary featuring a pool, spa, firepit, lush greenery, trees and flowers with extensive privacy and incredible unobstructed panoramic vistas. Upstairs you'll find a reading loft, two guest bedrooms and a junior primary suite with gorgeous ocean views and a private bathroom. The main level of this luxury property boasts an office, powder room, massive laundry space, formal dining room and a living room with another cozy fireplace and double paned glass French doors leading outside. Auto enthusiasts will appreciate one single car and an oversized double car garage, along with parking for four on the extra-long driveway. Fresh paint on both the interior and exterior, new carpet, polished travertine floors, and new quartz counters create a light and airy energy in this home. Conveniently located near excellent shops, dining, schools and world-class beaches, tennis courts, basketball courts, community club house and hiking trails.
Unit Size
3,881 Ft²
Days on Market
28 days
Land Size
0.22 acres
Price per sqft
$1,791
Property Type
House
Property Taxes
-
HOA Dues
$499
Year Built
1999

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (CRMLS #NP24116191)

Price History

Date / Event Date Event Price
Sep 3, 2024 Sold
Sold
Aug 16, 2024 In contract -
In contract
Jul 31, 2024 Listed by Compass $6,950,000
Listed by Compass

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 755
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 2

    Dimensions

  • Lot Size Square Feet: 9,758
  • Total Building Area: 3,881
  • Building Area: 3,881
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,881
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000224
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: N TR 15467 BLK LOT 20

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 062643

Geography

  • Subdivision Tract Number: 15467
  • Parcel: 478-164-20
  • Lot: 20
  • Latitude: 33.5989
  • Longitude: -117.813

    Address

  • Full Address: 16 Faenza
  • Address - House Number: 16
  • Address - Street Name: Faenza
  • State: CA
  • City Name: Newport Coast
  • Carrier Code: C096
  • 4-Digit Zip Code: 1601
  • Zip Code: 92657

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,923,310
  • Tax Rate Code Area: 07-221

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 69
  • Final Value: 3,385,993
  • High Value: 4,137,341
  • Low Value: 2,634,644

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,768,234
  • Assessed Land Value: $1,117,240
  • Assessed Improvements Value: $650,994

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 19, 1999
  • Current Sale Recording Date: Nov 24, 1999
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 19990813857

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Newport Coast


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Frequently Asked Questions

When was property at 16 Faenza built and last sold?
The property at 16 Faenza was built in 1999 and last sold on Jul 19, 1999 for $1,165,500.
How much is this home worth?
The estimated value of the home located at 16 Faenza is $7,205,448.
What are some comparable homes to 16 Faenza?
There are currently no comparable homes to 16 Faenza.

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