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Sold for $3,025,000 · Nov 2021

SOLD

Listed at $3,200,000

Sold

601 Lido Park Drive 5E, Newport Beach, CA 92663

Newport Beach, CA

MLS# NP21186197

2,000 Sq Ft • Condo2bd • 3ba
51 days on market

Listing Agent

Patricia Presson

Listing Agent

Surterre Properties Inc.

DRE #: 01382806

Brokerage: Surterre Properties Inc.

Property Details

2

Bedrooms

3

Bathrooms

2,000 sqft

Square Feet

1972

Year Built

N/A

Lot Size

$1,513

Price/Sq Ft

1

Garage Spaces

$1,565/mo

HOA

Condo

Property Type

Description

Spectacular luxury condo – with panoramic views of the ocean and Lido Channel. This single-story residence offers privacy and security in the highly sought-after high-rise “601 Building”. Open the door and be greeted with spectacular floor-to-ceiling windows with views of Newport Harbor, mountains, nightlights, and the Pacific. The open-concept living area provides a great room with a spacious seating area, dining area, wet bar, amazing walk-in pantry/laundry/area, and modern Chef’s kitchen with top-end appliances, exquisite quartz waterfall island with plenty of seating. Enjoy al-fresco dining on the attached patio deck. Two private main suites, each with well-appointed baths, roomy closets, and a built-in desk, are ideal for privacy and working remotely. The 601 Building is perfectly positioned in the only 24-hour service building on the bay offering resort-like amenities including a workout room, outdoor pool and spa, community boat dock (based on availability), and on-site maintenance. 601 Lido building consists of 54 residences and is the tallest residential structure situated right on the water in Newport Beach. This incomparable bayfront location is close to everything Newport Beach has to offer including beaches, water sports, world-class dining and shopping. This is the perfect opportunity to enjoy luxury, carefree waterfront living. Love where you live.

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

Facts & Features

Details

Stories
1
Cooling
CentralAir
Heating
ForcedAir
View
Bay, Canal, Catalina, CityLights, Marina, Ocean, Panoramic, Pool, Water

Sale history for 601 Lido Park Drive 5E

2 recorded sales

$3,025,000
Sold November 2021 · listed $3,200,000, on market August 2021, 51 days on market · MLS #NP21186197 · Source: CRMLS
Listing Agent: Patricia Presson · Listing Office: Surterre Properties Inc. · Contact: 949-717-7100 · Bought with: Cathy Kroopf · Compass
$2,820,000
Sold November 2015 · listed $2,995,000, on market May 2015, 163 days on market · MLS #15908629 · Source: CRMLS
Listing Agent: Laurent Louvet · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Tim Smith · Coldwell Banker Res. Brokerage

How this sale compares

601 Lido Park Drive 5E sold for $3,025,000 in November 2021, 5.5% under its $3,200,000 list price, after 51 days on the market. That works out to $1,513 per square foot on 2,000 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, 9.3% below this sale's $1,513. 2-bedroom rentals in 92663 currently list at a median of $5,500 a month (19 listings).

$1,513
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)
51
Days on market
−5.5%
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 601 Lido Park Drive 5E

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

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