Check Availability
$4,136,000 - $5,054,000
House - In Contract

427 Belvue Lane

Newport Beach, CA 92661
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1200 Sqft
Sold Jul 22, 2022
$4,500,000

About This Property

Enveloped by the serene embrace of Belvue Lane, this exquisite coastal sanctuary is a true gem nestled within the idyllic Balboa Peninsula Point. Poised on a generous 4,000 square foot lot, this vintage residence exudes timeless elegance and invites endless imagination. Approaching this coastal haven, a picturesque white picket fence envelops the splendid front yard, adorned with a lush, blooming garden that leads to an inviting Dutch-door entry. Meticulously updated, the sun-drenched living spaces seamlessly flow towards a verdant lawn and a tranquil terrace, gracefully separating the charming two-bedroom cottage from an enchanting separate guest area or home office, all crowned by a welcoming garage. Whether one's vision leans towards restoring the original character of this endearing beachside bungalow or embarking on the creation of an opulent coastal retreat, the allure of Belvue Lane's picturesque promenade orientation is undeniable. A leisurely stroll away, the glistening shores and tranquil bay beckon, while Peninsula Point homeowners relish the offerings of a community racquet club and a neighborhood association bayfront BBQ area with a convenient boat launch. Nearby, the historic Balboa Village unfolds its eclectic tapestry of shops and restaurants, beckoning with its coastal charm. Included in this offering are City of Newport Beach approved architectural plans, artfully crafted by Bill Guidero, and landscape designs by Molly Wood Garden, envisioning a luxurious 3,800 square foot coastal masterpiece.

The manager has listed the unit size as 1200 square feet.
Unit Size
1,200Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$3,829
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951

Price History

Date / Event Date Event Price
Apr 17, 2024 In contract -
In contract
Apr 14, 2024 No longer available -
No longer available
Mar 29, 2024 In contract -
In contract
Nov 27, 2023 Listed $4,595,000
Listed
Sep 23, 2023 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 971
  • Gross Building Area: 971
  • Building Area: 971
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 971
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 1090
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 1090 BLK LOT 2

Ownership

  • Current Owner : ROBIN WELLER TRUST
  • Previous Owner : WOOD FAMILY TRUST
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 062800

Geography

  • Assessors Map Reference: 33-A1
  • Subdivision Tract Number: 1090
  • Parcel: 048-251-22
  • Lot: 2
  • Latitude: 33.5987
  • Longitude: -117.886

    Address

  • Full Address: 427 Belvue Ln
  • Address - House Number: 427
  • Address - Street Name: Belvue
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 1507
  • Zip Code: 92661

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $47,480
  • Tax Rate Code Area: 07-001

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 3,969,792
  • High Value: 4,694,015
  • Low Value: 3,245,569

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,500,000
  • Assessed Land Value: $4,446,299
  • Assessed Improvements Value: $53,701

    Sales

  • Current Sale Contract Date: Jul 13, 2022
  • Current Sale Recording Date: Jul 22, 2022
  • Current Sale Transaction ID: 11892702266
  • Current Sale Price: $4,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 256576

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,420 ft²
$3,027/ft²
$4,299,000 Feb 1, 2024
-
-
Condo
3 Beds
1.5 Baths
2,155 ft²
$1,807/ft²
$3,895,000 Apr 6, 2024
-
-
House
4 Beds
4 Baths
2,558 ft²
$1,896/ft²
$4,850,000 Oct 30, 2023
-
-
Condo
4 Beds
3 Baths
2,456 ft²
$1,629/ft²
$3,999,999 Apr 14, 2024
-
$1,800/mo

About Newport Beach


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Frequently Asked Questions

When was property at 427 Belvue Lane built and last sold?
The property at 427 Belvue Lane was built in 1951 and last sold on Jul 13, 2022 for $4,500,000.
How much is this home worth?
The estimated value of the home located at 427 Belvue Lane is $4,518,009.
What are some comparable homes to 427 Belvue Lane?
Homes that are comparable to 427 Belvue Lane include a house property at 326 L Street, 1577 Miramar Drive, 2525 Ocean Boulevard.

Nearby Counties
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