See Home Value
$4,320,000 - $5,280,000
House - Off Market

7 Castaways North

Newport Beach, CA 92660
bedrooms
6 Beds
bathrooms
5.5 Baths, 1 Half Bath
square feet
4196 Sqft
Sold Oct 17, 1997
$756,000
$570,000 by Union Bank Of California Na
Mortgage Due Jun 17, 2038

About This Property

Buyers, if you want a deal, this is it. Boasting the LOWEST offered price per square foot in the Castaways in recent history, this presents an unparalleled opportunity for any discerning buyer looking for exceptional value.

Let's delve into the numbers:

Our competitively priced property offers a remarkable $1,144 per square foot, in a prime location with no neighbors across and considerable guest parking.

Three properties just closed escrow within the last few weeks in the Castaways, with price points at $1,528, $1,459 and $1,200 per square foot (all within a block of our property).

Examining the last original sale prior to those in the area, which featured an entirely untouched property and a smaller lot, in a less desirable location that sold at $1,165 a square foot.

This home has been thoughtfully expanded to unveil a custom floor plan. The layout boasts an impressive six bedrooms (one currently being used as a loft space), most of which have their en-suite bathroom, one on the main level, and a private home office.

The bonus bedroom, in particular, offers an intriguing versatility for many buyers; whether envisioned as an airy loft, a vibrant teen retreat, a sixth bedroom, or a game room, the space is adorned with vaulted ceilings that create an atmosphere of openness and possibility. The large and private primary bedroom has its wing, featuring his and her closets that provide ample storage space and a large bathroom with his and her vanity areas.

The expansive family room opens to the kitchen and outdoor living area. Bifold doors connect the indoor space to a custom-designed backyard, which underwent a complete transformation four years ago. A covered loggia is an extension of the home, full with an outdoor built-in barbecue and a custom fire that sits on a custom wood deck. The highlight, however, lies in the splendid pool and spa adorned with a captivating waterfall feature, an oasis of relaxation to indulge in the ultimate outdoor lifestyle.

Floor plan is provided in the supplements. Virtual tour is loaded for a video tour of the property as well.

The manager has listed the unit size as 4196 square feet.
Unit Size
4,196Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$1,144
Property Type
House
Property Taxes
-
HOA Dues
$440
Year Built
1997

Price History

Date / Event Date Event Price
Apr 24, 2024 No longer available -
No longer available
Mar 24, 2024 In contract -
In contract
Jan 14, 2024 Relisted $4,800,000
Relisted
Dec 29, 2023 No longer available -
No longer available
Dec 21, 2023 Price Decreased $4,800,000
↓ $100K (2%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 566
  • Parking Space Count: 2
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 6,215
  • Total Building Area: 3,967
  • Building Area: 3,967
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,967
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 15012
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 15012 BLK LOT 98

Ownership

  • Current Owner : BARKER CLARENCE
  • Current Owner 2: BARKER SUZANNE
  • Previous Owner : TAYLOR WOODROW HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 063010

Geography

  • Subdivision Tract Number: 15012
  • Parcel: 117-803-22
  • Lot: 98
  • Latitude: 33.6226
  • Longitude: -117.904

    Address

  • Full Address: 7 Castaways N
  • Address - House Number: 7
  • Street Segment Direction: N
  • Address - Street Name: Castaways
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C006
  • 4-Digit Zip Code: 8403
  • Zip Code: 92660

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,731
  • Tax Rate Code Area: 07-045

    Appraisal Valuation

  • Standard Deviation: 0.0506
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 99
  • Final Value: 4,569,274
  • High Value: 4,800,793
  • Low Value: 4,337,755

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,762,272
  • First Open Lien Mortgage Lender: UNION BANK OF CALIFORNIA NA
  • First Open Lien Mortgage Recording Date: Jun 17, 2008
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $570,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 17, 2038
  • Second Open Lien Mortgage Lender: MUFG UNION BANK NA
  • Second Open Lien Mortgage Recording Date: Apr 18, 2017
  • Second Open Lien Mortgage Loan Amount: $1,094,514
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2047
  • Third Open Lien Mortgage Lender: MUFG UNION BANK NA
  • Third Open Lien Mortgage Recording Date: Aug 30, 2021
  • Third Open Lien Mortgage Financing Type: Variable
  • Third Open Lien Mortgage Loan Amount: $97,758
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Sep 24, 2051
  • Fourth Open Lien Mortgage Lender: REVIVE HQ LLC
  • Fourth Open Lien Mortgage Recording Date: Jul 12, 2023
  • Fourth Open Lien Mortgage Loan Amount: $62,293
  • Fourth Open Lien Mortgage Term: 360
  • Fourth Open Lien Mortgage Position: 4
  • Fourth Open Lien Mortgage Loan Type: New Conventional
  • Fourth Open Lien Mortgage Loan Due Date: Jul 12, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,566,720
  • Assessed Land Value: $774,215
  • Assessed Improvements Value: $792,505

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 25, 1997
  • Current Sale Recording Date: Oct 17, 1997
  • Current Sale Transaction ID: 1040778014
  • Current Sale Price: $756,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19970520078

    Last Sale Mortgage

  • First Mortgage Lender: STANDARD FEDERAL BANK FSB
  • First Mortgage Transaction Date: Oct 17, 1997
  • First Mortgage Loan Amount: $550,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2027



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4.5 Baths
3,450 ft²
$1,594/ft²
$5,500,000 Feb 5, 2024
-
-
House
4 Beds
4 Baths
5,206 ft²
$863/ft²
$4,495,000 Dec 28, 2023
-
-

About Newport Beach


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Frequently Asked Questions

When was property at 7 Castaways North built and last sold?
The property at 7 Castaways North was built in 1997 and last sold on Sep 25, 1997 for $756,000.
How much is this home worth?
The estimated value of the home located at 7 Castaways North is $4,848,000.
What are some comparable homes to 7 Castaways North?
Homes that are comparable to 7 Castaways North include a house property at 1312 Dover Drive, 2325 East 16th Street, which are both great to check out.

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