Check Availability
$4,295,000
↓ $200K (4.4%)
House - For Sale

5301 River Avenue

Newport Beach, CA 92663
bedrooms
4 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
2758 Sqft
$21,090
Estimated Monthly

About This Property

Situated on an oversized corner lot within the quiet coastal enclave of West Newport Beach, this beautiful property delivers approximately 2,758 square feet of refined living. A classic Dutch door entry brings the outdoors into stunning open living spaces with high ceilings and custom-fitted finishes throughout.  Wide plank white oak floors, wood beamed cathedral ceilings, and wood-framed double-hung windows, produce a tasteful aesthetic, equal in form and function.  Expertly designed to satisfy contemporary tastes, the fully equipped gourmet chef's kitchen features waterfall-edge quartz countertops, built-in Sub-Zero glass-door refrigerator, GE Monogram 6-burner range with grill and double ovens, dishwasher, and a sleek under-counter built-in wine cooler. Rounding out the main level is a light and bright full bath ideal for guests or sandy beachgoers alike and a stone patio accented by lighting and landscaping. The middle level houses all four gracious bedrooms, including the primary suite with a deluxe spa bath boasting a drop-in infinity air bathtub, dual sinks, and stunning marble finishes. Crowning the estate atop a sweeping wrought-iron wood staircase is the versatile bonus room that opens to a spacious split-level deck perfect for alfresco entertaining with a backdrop of sparkling ocean and city light vistas. Adding to the allure of the abode are three gas fireplaces, built-in audio available with Sonos, Eero Wi-Fi system, quiet and energy efficient Fujitsu mini split units, slate roof, two-car garage with epoxy flooring, and an optional third parking space. 5301 River Avenue is perfectly appointed for the most discriminating tastes and just moments to scenic beaches, sprawling parks, and world-class shopping and dining.

The manager has listed the unit size as 2758 square feet.
Unit Size
2,758Ft²
Days on Market
83 days
Land Size
0.05 acres
Price per sqft
$1,557
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005

Listed By

Last updated: 3 days ago (MRMLSCA #NP24049206)

Price History

Date / Event Date Event Price
Apr 26, 2024 Price Decreased $4,295,000
↓ $200K (4.5%)
Price Decreased
Mar 14, 2024 Listed by Arbor Real Estate Professionals $4,495,000
Listed by Arbor Real Estate Professionals
Aug 2, 2021 Sold $3,760,000
Sold
Mar 4, 2021 Sold to David M Caulfield, Kimberly... $3,250,000
Sold to David M Caulfield, Kimberly...
Nov 25, 2020 Sold to Angela K Khorsandi, Mojtaba... $2,077,000
Sold to Angela K Khorsandi, Mojtaba...

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 488
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,340
  • Total Building Area: 2,758
  • Gross Building Area: 3,246
  • Building Area: 2,758
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,758
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY/NEWPORT BEACH
  • Land Acres: 0.054
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P BK 5 PG 38 PAR A

Ownership

  • Current Owner : NG RIVER LLC
  • Previous Owner : CAULFIELD DAVID M
  • Previous Owner 2: CAULFIELD KIMBERLY L
  • Owner Before Previous Owner: KHORSANDI MOJTABA
  • Owner Before Previous Owner 2: KHORSANDI ANGELA K
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 063500

Geography

  • Assessors Map Reference: 31-B4
  • Parcel: 424-502-06
  • Lot: A
  • Latitude: 33.6238
  • Longitude: -117.944

    Address

  • Full Address: 5301 River Ave
  • Address - House Number: 5301
  • Address - Street Name: River
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C024
  • 4-Digit Zip Code: 2208
  • Zip Code: 92663

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $40,584
  • Tax Rate Code Area: 07-001

    Appraisal Valuation

  • Standard Deviation: 0.0506
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 99
  • Final Value: 4,761,331
  • High Value: 5,002,581
  • Low Value: 4,520,081

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,820,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 02, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,820,000
  • 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: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,835,200
  • Assessed Land Value: $3,301,854
  • Assessed Improvements Value: $533,346

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Transaction ID: 11846072230
  • Current Sale Price: $3,760,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000487525
  • Previous Sale Recording Date: Mar 04, 2021
  • Previous Sale Contract Date: Feb 04, 2021
  • Previous Sale Amount: $3,250,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 02, 2021
  • First Mortgage Loan Amount: $2,820,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: ANGEL OAK MORTGAGE SOLUTIONS L
  • Previous Mortgage Transaction Date: Mar 04, 2021
  • Previous Mortgage Loan Amount: $2,600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2051

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
5 Beds
3.5 Baths
2,608 ft²
$2,051/ft²
$5,350,000 Dec 12, 2023
-
-

About Newport Beach


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Frequently Asked Questions

When was property at 5301 River Avenue built and last sold?
The property at 5301 River Avenue was built in 2005 and last sold on Jul 7, 2021 for $3,760,000.
How much is this home worth?
The estimated value of the home located at 5301 River Avenue is $4,530,398.
What are some comparable homes to 5301 River Avenue?
Homes that are comparable to 5301 River Avenue include a multifamily property at 4015 Marcus Avenue, located in Newport Beach, CA.

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