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507 Morning Star Ln, Newport Beach, CA, 92660

$15,500,000

5 Bedrooms
4 Full Baths, 1 Partial
5,934 SqFt
$2,612/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingBoat
Attached Garage3 spaces
Year Built1963
HeatingCentral, Solar
CoolingCentral Air
WaterfrontBay Front, Dock Access
FireplaceGuest Accommodations, Living Room, Primary Bedroom
ViewBay, Bridge(s), Bluff, City Lights, Other, Harbor, Hills, Marina, Mountain(s), Water
Private PoolYes
MLS #NP24101013
Lot Size0.23 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 507 Morning Star Ln

507 Morning Star is situated in the highly sought after community of Dover Shores along being on one of the larger bay front lots. Panoramic views of Fashion Island, Back Bay Hillsides and the glistening waters of Newport Beach. As you enter through the gated courtyard that reveals a beautifully private landscaped entertaining area with a pool and spa. Entering the home, you come through a formal entry leading into the living room. Downstairs has a massive Living room that looks over the water, with deck that runs the full length of the home for entertaining, along with fireplace then into a large family room with wet bar, also overlooking the water. Large dining room, kitchen, laundry room and bedroom with an on suit. Upstairs has 4 bedrooms, one large enough to be a secondary primary with an on suit overlooking a deck, courtyard and pool/spa. The Main Primary Bedroom Wing includes water views from a walk out deck that runs the full length of the home with spectacular views, along with a fireplace, formal bath, and large office that also includes a fireplace. 2 other bedrooms overlook the water as well and have access to the deck. The home includes an approximately 748 sq. ft., 1 bedroom, 1 bath ADU unit over the 3-car garage with a fireplace. The property has a boat slip that will accommodate 3 larger vessels with permits for being completely updated. Close to outstanding schools, shopping, restaurants, John Wayne airport. Great property to make this home what you want it to be.

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Stories: 2
  • Living Area: 5,934 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 683-8966
  • Listing Agent: Chandler Bell

Interior Features

Interior Information:

  • Appliances: Stove
  • Flooring Type: Carpet, Wood
  • Interior: Wet Bar, Balcony, Block Walls, Ceramic Counters, Central Vacuum, Separate/Formal Dining Room, Eat-in Kitchen, In-Law Floorplan, Living Room Deck Attached, Multiple Staircases, Pantry, Stair Climber, Bedroom on Main Level, Entrance Foyer, Primary Suite
  • Fireplace: Guest Accommodations, Living Room, Primary Bedroom

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Bay Front, Dock Access
  • View: Bay, Bridge(s), Bluff, City Lights, Other, Harbor, Hills, Marina, Mountain(s), Water
  • Exterior: Boat Slip, Dock

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Boat

Lot Features

Lot Information:

  • Lot: Front Yard, Landscaped
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Solar
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Dover Shores, Polaris Dr, right onto Morning Star Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $15,500,000
  • Price Per SqFt: $2,612/SqFt

HOA Fees:

  • Amount: $2500
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,508
  • 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

507 Morning Star Ln vs Newport Beach

171 DAYS ON ROCKET

+121 Days

$15,500,000

+$12.0M More

$2,612/SqFt

+$1.1K More

KEY TAKEAWAY

This property is $12.0M more than the Median Sold Price and $1.1K/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: #NP24101013

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 683-8966
  • Listing Agent: Chandler Bell

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: 11/23/2024, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 19, 2000Home Sold
$2,950,000
Jan 07, 1997Home Sold
$1,600,000
Apr 25, 1989Home Sold
$341,500

Tax History

YEARPROP. TAXASSESSMENT
2021$4,508$393,863
2020$4,464$389,825
2019$4,293$382,182
2018$4,293$374,689
2017$4,219$367,343

History based on county public records data.

Payment Calculator

$77.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$46.5K

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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-993466
7
/10
  • Mariners Elementary School

  • 2100 Mariners Dr

  • 0.78 miles

  • Public District Grades KG-6

school-card-donut-993467
7
/10
  • Newport Heights Elementary School

  • 300 E 15th St

  • 1.34 miles

  • Public District Grades KG-6

school-card-donut-993468
8
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 1.61 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $220,749. The majority of Newport Beach, CA residents have income $200k+ annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 Morning Star Ln

What is the listing price of this property?

The listing price of 507 Morning Star Ln property is $15,500,000.

What type of property is this?

The property 507 Morning Star Ln is a house located in Newport Beach, California, 92660.

Is this property for sale now?

Accepting Backup Offers: 507 Morning Star Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,508 (source: MLS/based on county public records data).

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

The last sale was on July 19, 2000 for $2,950,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 507 Morning Star Ln has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 507 Morning Star Ln is 5,934 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 Morning Star Ln is 1963.
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Rocket HomesCaliforniaOrange CountyNewport Beach92660507 Morning Star Ln

This home is located at 507 Morning Star Ln in Newport Beach, CA and zip code 92660 in the Dover Shores neighborhood. This 5,934 square foot home, which was built in 1963, sits on a 0.23 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 05, 2024 and is currently priced at $15,500,000.

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. The number of homes for sale in Newport Beach, CA increased by 2.6% between September 2024 and October 2024. In October 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $3,475,000.

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

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