4 months on rocket

402 38th St, Newport Beach, CA, 92663

$6,500,000

3 Bedrooms
3 Full Baths
2,629 SqFt
$2,472/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Garage
Attached Garage2 spaces
Year Built2001
HeatingCentral
CoolingCentral Air
WaterfrontBay Front, Canal, Dock Access, Ocean Access
FireplaceLiving Room, Primary Bedroom
ViewBay, Canal, City Lights, Water
MLS #NP24155810
Lot Size0.07 Acres
StatusActive

About 402 38th St

Welcome to 402 38th Street, a premier waterfront residence nestled in the exclusive Newport Island community, within the Newport Peninsula. This home epitomizes indoor-outdoor coastal living, featuring a private boat dock accommodating up to two 30-foot vessels, perfect for boating and water enthusiasts. Upon entering, you are greeted by 9-foot high ceilings and crown molding that enhance the spacious feel of the home. The open-concept living area features floor-to-ceiling accordion doors off the living room that seamlessly blend indoor and outdoor spaces, leading to a deck right on the bay. Enjoy cozy evenings with fireplaces in both the living room and the primary bedroom. The chef’s kitchen is a dream, equipped with a six-burner stove, newer refrigerator and dishwasher, elegant granite countertops, with walk-in pantry. Recent upgrades include fresh exterior paint and new windows, ensuring a modern and energy-efficient living experience with the added benefit of solar panels. This 3-bedroom, 3-bathroom home offers generous bay views and a luxury retreat atmosphere year-round. The spacious master suite includes a fireplace and custom built-ins, creating a warm and inviting space to unwind. Live in one of Orange County’s most exclusive areas with the convenience of quick access to the beach, boardwalk, Lido Marina Village, with an array of cafes, restaurants and grocery nearby. Experience island living at its finest, welcome to 402 38th St!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 2001
  • Stories: 2
  • Living Area: 2,629 SqFt

Listing Office:

  • Office Name: Pacific Sotheby's Int'l Realty
  • Office Phone: (949) 306-8339
  • Listing Agent: Nicolai Glazer

Interior Features

Interior Information:

  • Appliances: Stove, Dishwasher, Gas Cooktop, Gas Range
  • Interior: Breakfast Bar, Ceiling Fan(s), Crown Molding, Separate/Formal Dining Room, Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, All Bedrooms Up, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Bay Front, Canal, Dock Access, Ocean Access
  • View: Bay, Canal, City Lights, Water
  • Exterior: Boat Slip, Dock

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Garage

Virtual/3D Tour

  • Virtual Tour: 402 38th St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Balboa Blvd to 38th St, cross bridge onto Newport Island

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,500,000
  • Price Per SqFt: $2,472/SqFt

Tax Information:

  • Annual Amount: $38,336
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$3.5M

Med. Price/SqFt

$1,425

Avg. Days On Market

43

# of Sold Homes

71

402 38th St vs Newport Beach

138 DAYS ON ROCKET

+95 Days

$6,500,000

+$3.0M More

$2,472/SqFt

+$1K More

KEY TAKEAWAY

This property is $3.0M 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: #NP24155810

Listing Office:

  • Office Name: Pacific Sotheby's Int'l Realty
  • Office Phone: (949) 306-8339
  • Listing Agent: Nicolai Glazer

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: 12/18/2024, 5:15:57 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

Dec 14, 2015Home Sold
$3,300,000
Sep 21, 2015Home Sold
$3,300,000
Sep 06, 2006Home Sold
$3,350,000
Aug 01, 2000Home Sold
$745,000
May 22, 2000Home Sold
$625,000

Tax History

YEARPROP. TAXASSESSMENT
2021$38,336$3,609,031
2020$37,894$3,572,025
2019$36,434$3,501,986
2018$36,435$3,433,320
2017$35,789$3,366,000

History based on county public records data.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

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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.

Nearby Schools

school-card-donut-4408308
7
/10
  • Newport Heights Elementary School

  • 300 E 15th St

  • 1.02 miles

  • Public District Grades KG-6

school-card-donut-4408309
8
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 1.21 miles

  • Public District Grades KG-6

school-card-donut-4408310
4
/10
  • Whittier Elementary School

  • 1800 Whittier Ave

  • 1.58 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $114,706. The majority of Newport Beach, CA residents have income between $100k-200k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 402 38th St

What is the listing price of this property?

The listing price of 402 38th St property is $6,500,000.

What type of property is this?

The property 402 38th St is a house located in Newport Beach, California, 92663.

Is this property for sale now?

Active Listing: 402 38th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $38,336 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 14, 2015 for $3,300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 402 38th St has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 402 38th St is 2,629 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 402 38th St is 2001.
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Rocket HomesCaliforniaOrange CountyNewport Beach92663402 38th St

This home is located at 402 38th St in Newport Beach, CA and zip code 92663 in the Balboa Peninsula neighborhood. This 2,629 square foot home, which was built in 2001, sits on a 0.07 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $6,500,000.

Over 9 listings were sold over their listed price in November 2024 in Newport Beach, CA. In the same period over 48 listings were sold below the listed price and 14 listings were sold for the listed price. Between October 2024 and November 2024, Newport Beach, CA real estate market has seen decrease in the number of listings by 2.5%. In November 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $3,500,000.

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

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