See Home Value
$13,375,669*
House - Off Market

2511 Bayshore Drive

Newport Beach, CA 92663
bedrooms
4 Beds
bathrooms
4.5 Baths, 1 Half Bath
square feet
3813 Sqft
$11,682,000 - $14,278,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
Sold Sep 28, 2023
$13,000,000
Sold Mar 10, 2023
$11,500,000
$6,900,000 by Citadel Servicing Corporation
Mortgage Due Apr 01, 2053

About This Property

Situated on a rare double lot with stunning bay views, step inside a two-story crown jewel, proudly located at the far end of coveted Bayshore Drive. Featuring an open first floor with beamed ceilings, enjoy a formal living room, well-appointed gourmet kitchen, spacious dining room with a fireplace and an additional family room with a fireplace. Outside is a large yard, fireplace, outdoor BBQ with counter seating, and an oversized spa and abundant seating and dining areas. The service wing includes a downstairs bedroom and bathroom, laundry room, plentiful storage and garage access. The second floor showcases the spacious, luxurious primary retreat with a vaulted beamed ceiling, an elegantly appointed resort-like bath and a deep patio/deck with stunning Bay views - two additional bedroom suites complete the floor. Two-car garage with storage and a prime coastal location. Bayshores is Guard gated with two private beaches, children's play park, Marina and access to The Balboa Bay Club.  See Video.

The manager has listed the unit size as 3813 square feet.
Unit Size
3,813Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$3,404
Property Type
House
Property Taxes
-
HOA Dues
$635
Year Built
2015

Price History

Date / Event Date Event Price
Sep 28, 2023 Sold to Bonnie J Kinney, Raymond W ... $13,000,000
Sold to Bonnie J Kinney, Raymond W ...
Mar 17, 2023 No longer available -
No longer available
Mar 10, 2023 Sold to Harold Sterling, Leslie Ste... $11,500,000
Sold to Harold Sterling, Leslie Ste...
Feb 12, 2023 In contract -
In contract
Oct 22, 2022 Price Decreased $12,980,000
↓ $2M (12.3%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 419
  • Parking Space Count: 2
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 8,281
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 910
  • Total Building Area: 3,813
  • Gross Building Area: 4,232
  • Building Area: 3,813
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,813
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: UNIT 3 ON BAY SHORES
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 1140 BLK LOT 7

Ownership

  • Current Owner : KINNEY RAYMOND W
  • Current Owner 2: KINNEY BONNIE J
  • Previous Owner : STERLING HAROLD
  • Previous Owner 2: STERLING LESLIE
  • Owner Before Previous Owner: REED FAMILY TRUST
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 063400

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 31-D5
  • Subdivision Tract Number: 1140
  • Parcel: 049-173-16
  • Lot: 7
  • Latitude: 33.6141
  • Longitude: -117.911

    Address

  • Full Address: 2511 Bayshore Dr
  • Address - House Number: 2511
  • Address - Street Name: Bayshore
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 5606
  • Zip Code: 92663

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $109,445
  • Tax Rate Code Area: 07-001

    Appraisal Valuation

  • Standard Deviation: 0.2227
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 69
  • Final Value: 4,727,970
  • High Value: 5,781,317
  • Low Value: 3,674,623

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,404,000
  • Assessed Land Value: $9,039,436
  • Assessed Improvements Value: $1,364,564

    Sales

  • Current Sale Contract Date: Sep 15, 2023
  • Current Sale Recording Date: Sep 28, 2023
  • Current Sale Transaction ID: 11916165082
  • Current Sale Price: $13,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 236144
  • Previous Sale Recording Date: Mar 10, 2023
  • Previous Sale Contract Date: Feb 10, 2023
  • Previous Sale Amount: $11,500,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: CITADEL SERVICING CORPORATION
  • Previous Mortgage Transaction Date: Mar 10, 2023
  • Previous Mortgage Loan Amount: $6,900,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2053



Comparables

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

About Newport Beach


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Frequently Asked Questions

When was property at 2511 Bayshore Drive built and last sold?
The property at 2511 Bayshore Drive was built in 2015 and last sold on Sep 15, 2023 for $13,000,000.
How much is this home worth?
The estimated value of the home located at 2511 Bayshore Drive is $12,662,158.
What are some comparable homes to 2511 Bayshore Drive?
There are currently no comparable homes to 2511 Bayshore Drive.

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