2 months on rocket

Sale Pending

108 Park Ave, Newport Beach, CA, 92662

$7,800,000

5 Bedrooms
4 Full Baths, 1 Partial
3,168 SqFt
$2,462/SqFt
Multi

Location

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Property Highlights

Home TypeDuplex
ParkingDoor-Multi, Direct Access, Door-Single, Garage, Garage Door Opener, On Street
Attached Garage4 spaces
Year Built2005
HeatingCentral, Natural Gas, Zoned
CoolingCentral Air, Dual, Gas, Zoned
FireplaceGas, Living Room, Primary Bedroom, Multi-Sided
ViewBay, City Lights, Harbor, Neighborhood
MLS #NP24182349
Lot Size0.09 Acres
StatusSale Pending
(Pending)

About 108 Park Ave

One of a Kind! Custom Quality Home & Apartment. Oversize Living Space ~ Oversize Lot ~ 3 Garages. Prime Location ~ Quiet West End of Balboa Island. Main Residence: 4 Bedroom | 4 Bath | Den | Laundry Room | 2 Downstairs Patios |Patio Balcony | Roof Deck | Air Conditioning. Apartment: 1 Bedroom | 1 Bath | Private Entrance | Stacked Washer/Dryer | Single Car Garage. Custom Designed to Provide Generous Living Spaces, Natural Light & Multiple Outdoor Areas to Relax or Entertain | Design Includes Sought After 1st Floor Bedroom Suite. Interior & Exterior Custom Crafted Finishes in Wood & Stone * Hardwood Floors * Crown Molding * High Baseboards * Beadboard Cabinetry * Wainscoting * Coffered & Tongue and Groove Ceilings * Recessed Lighting *Ceiling Fans * Alarm System * Copper Rain Gutters & Downspouts * French Doors Opening to multiple Outdoor Living Spaces * Spacious Roof Deck w/ Water Views, Built-in Viking BBQ & Market Lighting. Chef’s Kitchen features Viking Range, Sub-Zero Refrigerator, Double Oven, 2 Bosch Dishwashers, Calcutta Marble Countertops including a Center Island w/ additional Sink & Walk-In Pantry. Private Primary Bedroom Suite on 2nd level w/ Patio Deck * Large Walk-in Closet w/built-in drawers & shelving * 2-Sided Fireplace to enjoy in Bedroom & Bath* Spa Inspired Bath Designed in Marble, Double Vanity, Jet Tub, Separate Walk-in Shower, Water Closet, Window Placement provides Generous Light & Ventilation. Convenient 2nd Floor Laundry Room w/ Sink, Counter & Cabinetry. Den w/Built-in Bookcase. 2nd & 3rd Guest Bedrooms w/ private Vanity Areas & Shared Full Bath. 1 Bedroom Apartment is designed w/ great utility featuring Private Entrance, Separate Laundry Facility & Separate Single Car Parking Garage. In Close Proximity to the Enjoyable Emerald Avenue Beach & Public Dock at North Bay Front. This Exceptional Property Offers More Livable Square Footage & Garage Accommodations than most Balboa Island Properties can offer….. A Rare Find!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod, Custom
  • Year Built: 2005
  • Stories: 3
  • Living Area: 3,168 SqFt

Listing Office:

  • Office Name: Mary Hardesty Realty
  • Office Phone: (949) 500-4866
  • Listing Agent: Mary Hardesty

Interior Features

Interior Information:

  • Appliances: Stove, Range, Convection Oven, Double Oven, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Water Softener, Water Heater, Dryer, Washer
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Beamed Ceilings, Breakfast Bar, Built-in Features, Chair Rail, Ceiling Fan(s), Crown Molding, Coffered Ceiling(s), Living Room Deck Attached, Open Floorplan, Pantry, Paneling/Wainscoting, Recessed Lighting, Storage, Wood Product Walls, Wired for Sound, Attic, Bedroom on Main Level, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: Gas, Living Room, Primary Bedroom, Multi-Sided

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Bay, City Lights, Harbor, Neighborhood
  • Exterior: Barbecue, Rain Gutters

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Direct Access, Door-Single, Garage, Garage Door Opener, On Street

Lot Features

Lot Information:

  • Lot: Corner Lot, Irrigation System, Sprinklers In Front, Irregular Lot, Level, Sprinklers
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Zoned
  • Cooling: Central Air, Dual, Gas, Zoned

School Info

Assigned Schools Information:

  • Corona Del Mar High School, Public District Grades 7-12
  • Abraham Lincoln Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: From Marine Ave., RT onto Park Ave., House is past Emerald Ave on the RT Side

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,800,000
  • Price Per SqFt: $2,462/SqFt

Tax Information:

  • Annual Amount: $41,178
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.4M

Med. Price/SqFt

$1,427

Avg. Days On Market

50

# of Sold Homes

68

108 Park Ave vs Newport Beach

60 DAYS ON ROCKET

+10 Days

$7,800,000

+$4.3M More

$2,462/SqFt

+$1K More

KEY TAKEAWAY

This property is $4.3M more than the Median Sold Price and $1K/SqFt more than other homes in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24182349

Listing Office:

  • Office Name: Mary Hardesty Realty
  • Office Phone: (949) 500-4866
  • Listing Agent: Mary Hardesty

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/3/2024, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 24, 2012Home Sold
$3,300,000
Nov 17, 2005Home Sold
$3,841,000

Tax History

YEARPROP. TAXASSESSMENT
2021$41,178$3,864,138
2020$40,779$3,824,517
2019$39,135$3,749,527
2018$39,136$3,676,007
2017$38,442$3,603,929

History based on county public records data.

Payment Calculator

$38.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$23.4K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-859702
8
/10
  • Abraham Lincoln Elementary School

  • 3101 Pacific View Dr

  • 2.27 miles

  • Public District Grades KG-6

High School

school-card-donut-859703
8
/10
  • Corona Del Mar High School

  • 2101 Eastbluff Dr

  • 2.17 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $97,018. Most Newport Beach, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaOrange CountyNewport Beach92662108 Park Ave

This home is located at 108 Park Ave in Newport Beach, CA and zip code 92662 in the Balboa Island neighborhood. This 3,168 square foot home, which was built in 2005, sits on a 0.09 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $7,800,000.

In October 2024 more than 6 listings in Newport Beach, CA were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 52 were sold below. In October 2024 in Newport Beach, CA there were 2.6% more homes for sale than in September 2024. Listings spent 50 days on the market in October 2024, and had a median list price of $3,475,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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