7 Beacon Bay, Newport Beach, CA 92660 – LG22096260

$7,425,000

Est. payment -/mo

$6,595,000

12.6%

Est.Price: ?

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3 Beds

3 Baths

2,764 SqFt

SOLD DATE : 06/10/2022

Key Details

Sold Price $7,425,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,764 sqft

Price per Sqft $2,686

Subdivision Beacon Bay (Beac)

MLS Listing ID LG22096260

Sold Date 06/10/22

Bedrooms 3

Full Baths 2

Half Baths 1

Condo Fees $3,300

Construction Status Updated/Remodeled

HOA Fees $275/ann

HOA Y/N Yes

Year Built 1939

Lot Size 3,998 Sqft

Property Description

Step out of your bayfront lanai onto the white sandy beach of 7 Beacon Bay. This home is ideally located with unobstructed views of the main channel, Bay Island, the north channel, hills of Newport Coast, winter sunsets and everything in between. Live the bayfront lifestyle and watch yachts gracefully sail by, listen to the sounds of lapping water and feel the cool ocean breezes. This meticulously maintained home hosts 3 bedrooms, 3 baths, a spacious primary suite that opens to a large upper level balcony with dreamlike views. The main level living area has an open floor plan with walls of glass and a large covered patio that showcases the spectacular bay views. 7 Beacon Bay is located across from Russ Lund Park, the tennis courts and is within close proximity to all Newport Beach has to offer including Fashion Island, Corona Del Mar, and Balboa Island. Beacon Bay is a Tidelands Leasehold. Purchasers receive a new 50 year lease with the City of Newport Beach. The yearly land lease fee is approximately 2.5% of the sales price. Boat slips are subject to availability.

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Interior

Interior Features Wet Bar, Balcony, Granite Counters, Open Floorplan, Pantry, Stone Counters, All Bedrooms Up, Primary Suite

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Appliance Double Oven, Dishwasher, Gas Cooktop, Ice Maker

Laundry In Garage

Exterior

Garage Direct Access, Garage, On Street

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Water Sports, Park

Amenities Available Dock, Playground, Pickleball, Storage, Tennis Court(s)

Waterfront Description Bayfront,Canal Front,Ocean Side Of Highway

View Y/N Yes

View Bay, City Lights, Harbor, Hills, Marina, Water

Attached Garage Yes

Total Parking Spaces 2

Private Pool No

Building

Lot Description Landscaped, Level, Near Park, Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Schools

School District Newport Mesa Unified

Others

HOA Name Beacon Bay Community Association

Senior Community No

Tax ID 98888039

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash

Special Listing Condition Standard

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Diego Magdaleno

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Listed by John Trevino • VILLA REAL ESTATE
Bought with Anne Hoover • Surterre Properties Inc.

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