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Sold for $3,350,000 · Dec 2021

SOLD

Listed at $3,499,999

Sold

501 San Bernardino Avenue, Newport Beach, CA 92663

Newport Beach, CA

MLS# PW21168473

4,822 Sq Ft • Single Family Home6bd • 7ba
82 days on market

Listing Agent

Garett Green

Listing Agent

Joseph Martelli R E Invst Inc

DRE #: 01874973

Brokerage: Joseph Martelli R E Invst Inc

Property Details

6

Bedrooms

7

Bathrooms

4,822 sqft

Square Feet

2002

Year Built

5,875 sqft

Lot Size

$695

Price/Sq Ft

3

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

Stunning Newport Heights European Custom Villa situated on a prime corner lot, two blocks away from Cliff Drive Park where you can experience beautiful Ocean and Balboa Peninsula views. Experience the Newport Beach lifestyle walking distance to restaurants, Lido Shops and Newport Beach Pier. This turn-key Single Family Residence with a 3 car attached garage was recently renovated inside and out boasting 4,822 square feet of living space. The main house is 5 Bedrooms, 5.5 Bathrooms with a private guest casita with a separate entry staircase that has 1 Bedroom, 1 Bathroom and a kitchenette. The main floor consists of 2 Bedrooms/Offices and 2.5 Baths, Luxurious entry chandelier, limestone stairs, with motor washed brick walls, separate Living Room with a fireplace, Dining Room, Family Room with a fireplace, Laundry Room and a 300 bottle Wine cellar with new cooling system. As you make your way into the Gourmet Kitchen you’ll notice a spacious Island, 2 sinks, 2 dishwashers, Wolf professional stove, oversized Refrigerator/Freezer, Microwave, built in Wolfe coffee/espresso maker, Walk-in Pantry, Kitchen eating area and bar seating. Upstairs consists of 3 Bedrooms 3 Bathrooms with walk-in closets, one leading to the balcony over the front entry doors. The spacious master bedroom suite offers a fireplace, His/Hers large walk-in closets, double sinks in the bathroom with an oversized bath tub and a shower with a steamer. As you make your way outside you will notice the beautifully landscaped yard and exterior face lift with new custom windows with stone trim, front Dutch door, bricked entry and balcony with new stucco. The bifold doors lead to a newly built covered patio and side yard, which includes a custom built gas/wood Pizza Oven, limestone serving bar, refrigerator, ice maker, TV, and a BBQ, gas fireplace. Additional amenities: New light fixtures/LED, custom painted cabinets, ceilings, wood and travertine floors thru out. 7 Televisions, Laundry Drop, Sound system thru home and outdoor patio area. Life Source Water purifying system, Fire Sprinklers, Alarm System and Arlo Security Camera’s.

Listing description from the December 2021 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2
Cooling
CentralAir
Heating
Central, Fireplaces

Sale history for 501 San Bernardino Avenue

2 recorded sales

$3,350,000
Sold December 2021 · listed $3,499,999, orig. $4,199,999, on market July 2021, 82 days on market · MLS #PW21168473 · Source: CRMLS
Listing Agent: Garett Green · Listing Office: Joseph Martelli R E Invst Inc · Contact: 714-778-5300 · Bought with: John Stanaland · VILLA REAL ESTATE
$2,437,500
Sold June 2015 · listed $2,700,000, on market April 2015, 54 days on market · MLS #OC15081677 · Source: CRMLS
Listing Agent: Valerie Nguyen · Listing Office: Capital Team Real Estate Svc · Contact: 626-789-6928 · Bought with: Marco Martelli · Joseph Martelli R E Invst Inc

How this sale compares

501 San Bernardino Avenue sold for $3,350,000 in December 2021, 4.3% under its $3,499,999 list price, after 82 days on the market. It was first listed at $4,199,999. That works out to $695 per square foot on 4,822 square feet. Across 153 closed sales in 92663 over the last 12 months, the median sold price is $2,650,000 and the median is $1,372 per square foot, 97% above this sale's $695.

$695
This sale, per sq ft
$1,372
92663 median per sq ft (12 mo)
$2,650,000
92663 median sold price (12 mo)
153
Closed sales in 92663 (12 mo)
82
Days on market
−4.3%
Sold vs. list price
QuarterClosed sales in 92663Median sold price
Q1 20268$5,312,500
Q2 202658$2,281,250
Q3 202669$3,150,000
Q4 202618$2,297,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Newport Beach · Homes for sale in 92663

Recent sales near 501 San Bernardino Avenue

Closed sales reported in 92663, nearest first, last 12 months. All recent sales in Newport Beach →

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