Check Availability
$6,585,000
↓ $395K (5.7%)
House - For Sale

1701 Port Margate Place

Newport Beach, CA 92660
bedrooms
5 Beds
bathrooms
5.5 Baths, 1 Half Bath
square feet
4200 Sqft
$32,449
Estimated Monthly
$115
HOA / Fees
1.44%
Cap Rate

About This Property

Welcome to 1701 Port Margate, a stunning architectural gem nestled in the highly sought-after Harbor View Homes community. Crafted by the renowned Graystone Custom Builders in 2015, this this residence stands as a testament to modern luxury and stylish living.

As you approach this corner property, the cool and stylish vibe is immediately apparent. The 2015 build exudes sophistication and uniqueness, offering an ideal blend of comfort and elegance. Bathed in natural light, the residence boasts over 4,200 square feet of living space, providing a spacious and inviting atmosphere.

Situated on a quiet corner lot, this home offers unparalleled privacy, making it an ideal entertaining location. The sunny, south-facing backyard is a true oasis – featuring a built-in BBQ, a large spa, and a fire pit with cozy seating, creating the perfect setting for all your favorite gatherings.

Step inside, and you'll be captivated by the casually elegant design and meticulous attention to detail. With 5 ensuite bedrooms, 5.5 baths, an office, and a playroom, there's ample space for everyone. The open concept great room with vaulted cathedral ceilings and bifold doors seamlessly blends indoor and outdoor living, enhancing the overall sense of spaciousness.

Graystone's signature design elements, ranging from the dramatic natural stone entry to custom millwork, stonework, and artisan details, showcase a commitment to quality and aesthetics. Large plank French oak floors add warmth and sophistication to the living spaces, contributing to a timeless ambiance.

Beyond the property, residents of Harbor View Homes enjoy access to top-rated schools, parks, shopping, dining, and the world-renowned beaches of Newport Beach. Don't miss the opportunity to own this architectural gem and an opportunity to experience the best of coastal living. Prepare to fall in love with 1701 Port Margate – where style, luxury, and privacy converge in perfect harmony.

The manager has listed the unit size as 4200 square feet.
Unit Size
4,200Ft²
Days on Market
104 days
Land Size
0.16 acres
Price per sqft
$1,568
Property Type
House
Property Taxes
-
HOA Dues
$115
Year Built
2014
Last updated: 16 days ago (MRMLSCA #NP24012942)

Price History

Date / Event Date Event Price
Mar 24, 2024 Price Decreased $6,585,000
↓ $395K (5.7%)
Price Decreased
Jan 24, 2024 Listed by Compass $6,980,000
Listed by Compass

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Floor Count: 1
  • Basement Area: 0
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,128
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 720
  • Total Building Area: 4,091
  • Gross Building Area: 4,091
  • Building Area: 4,091
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,091
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: TRACT NO. 6621
  • Land Acres: 0.164
  • Legal Description 1: N TR 6621 BLK LOT 45

Ownership

  • Current Owner : FLORIANI FAMILY TRUST
  • Previous Owner : NEWPORT BEACH PARTNERSHIP LLC
  • Owner Before Previous Owner: MAFFEI DAVID L
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 062658

Zoning

  • Zoning: PC

Geography

  • Assessors Map Reference: 32-C4
  • Subdivision Tract Number: 6621
  • Parcel: 458-122-01
  • Lot: 45
  • Latitude: 33.6256
  • Longitude: -117.86

    Address

  • Full Address: 1701 Port Margate Pl
  • Address - House Number: 1701
  • Address - Street Name: Port Margate
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C046
  • 4-Digit Zip Code: 5323
  • Zip Code: 92660

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $45,792
  • Tax Rate Code Area: 07-034

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 5,046,738
  • High Value: 6,051,765
  • Low Value: 4,041,712

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,190,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jun 04, 2020
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $1,190,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,331,925
  • Assessed Land Value: $3,183,123
  • Assessed Improvements Value: $1,148,802

    Sales

  • Current Sale Contract Date: Mar 03, 2015
  • Current Sale Recording Date: Apr 14, 2015
  • Current Sale Transaction ID: 1227810015
  • Current Sale Price: $3,750,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2015000190387
  • Previous Sale Recording Date: Jul 17, 2013
  • Previous Sale Contract Date: Jul 10, 2013
  • Previous Sale Amount: $1,575,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: BOFI FEDERAL BANK
  • First Mortgage Transaction Date: Apr 14, 2015
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: May 01, 2045

    Financing

  • First Mortgage Financing Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5.5 Baths
4,805 ft²
$1,664/ft²
$7,995,000 Jan 19, 2024
-
$115/mo

About Newport Beach


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Frequently Asked Questions

When was property at 1701 Port Margate Place built and last sold?
The property at 1701 Port Margate Place was built in 2014 and last sold on Mar 3, 2015 for $3,750,000.
How much is this home worth?
The estimated value of the home located at 1701 Port Margate Place is $6,650,850.
What are some comparable homes to 1701 Port Margate Place?
Homes that are comparable to 1701 Port Margate Place include a house property at 1829 Port Sheffield Place, located in Newport Beach, CA.

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