1 month on rocket

40 Canyon Island Dr, Newport Beach, CA, 92660

$1,200,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,197 SqFt
$1,003/SqFt
Condo
Schools Nearby

Location

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40 Canyon Island Dr, Newport Beach$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage2 spaces
Year Built1976
HeatingForced Air
CoolingNone
FireplaceLiving Room
ViewOther, Golf Course
MLS #OC24041476
Lot Size0.03 Acres
StatusActive

About 40 Canyon Island Dr

Major price reduction, motivated to sell! Welcome to your dream home nestled in the renowned Big Canyon Golf Course Community. With a designer feel through out, this 2 bedroom, 2 bathroom, 2 car parking home is for the the person who seeks a turn-key home or vacation home! Completely remodeled second level unit which encompasses all new luxury vinyl planking flooring, open concept kitchen with an expansive island, brand new kitchen appliances, and vaulted ceiling living room with access to balcony that offers spectacular golf course and city light views. Spacious master suite with retreat complimented with a walk in closet adorned with a contemporary barn door. Master bath completed with oversized shower and double vanity. Laundry is located in the guest bathroom closet. In the hallway you can find ample amount of storage enclosed with custom made cabinet doors to resemble the kitchen cabinetry. The gated subterranean garage area has two separate additional storage cabinets. Come enjoy this serene community just minutes from the beach, restaurants and shopping at Fashion Island, the Back Bay, and John Wayne airport.

Property Details

Property Features

Property Information:

  • Year Built: 1976
  • Stories: 1
  • Living Area: 1,197 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (714) 812-6743
  • Listing Agent: Jennifer Froemke

Interior Features

Interior Information:

  • Appliances: Stove, Electric Range, Range, Gas Range, Microwave, Dryer, Washer
  • Flooring Type: Vinyl
  • Interior: Beamed Ceilings, Balcony, High Ceilings, Living Room Deck Attached, Open Floorplan, Quartz Counters, Two Story Ceilings, Primary Suite, Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Other, Golf Course

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Corona Del Mar High School, Public District Grades 7-12
  • Abraham Lincoln Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: On maps it will tell you to stop halfway down the street. Please continue down street until you see 4 parking spaces at end of curl-de-sac & see the tennis court. Park & enter gate. Once you have entered gate, walk straight & you will see unit 40.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $1,003/SqFt

HOA Fees:

  • Amount: $675
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,618
  • Tax Year: 2021
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Housing Market Comparison

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

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Newport Beach, CA

City

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,343

Avg. Days On Market

43

# of Sold Homes

86

40 Canyon Island Dr vs Newport Beach

54 DAYS ON ROCKET

+11 Days

$1,200,000

-$2.0M Less

$1,003/SqFt

-$341 Less

KEY TAKEAWAY

This property is $2.0M less than the Median Sold Price and $341/SqFt less 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: #OC24041476

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (714) 812-6743
  • Listing Agent: Jennifer Froemke

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: 4/30/2024, 7:25:18 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

Feb 09, 2009Home Sold
$500,000
Jul 25, 2002Home Sold
$370,000
Feb 26, 1999Home Sold
$267,500
Jul 17, 1992Home Sold
$280,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,618$594,843
2020$6,554$588,744
2019$6,298$577,200
2018$6,298$565,883
2017$6,188$554,788

History based on county public records data.

Payment Calculator

$6,732

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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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.

Elementary School

school-card-donut-3568529
7
/10

  • Abraham Lincoln Elementary School

  • 3101 Pacific View Dr

  • 1.32 miles

  • Public District Grades KG-6

High School

school-card-donut-3568530
9
/10

  • Corona Del Mar High School

  • 2101 Eastbluff Dr

  • 0.70 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $159,756. Residents of Newport Beach, CA typically earn $200k+ each year. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 Canyon Island Dr

What is the listing price of this property?

The listing price of 40 Canyon Island Dr property is $1,200,000.

What type of property is this?

The property 40 Canyon Island Dr is a condo located in Newport Beach, California, 92660.

Is this property for sale now?

Active Listing: 40 Canyon Island Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 40 Canyon Island Dr are:
Abraham Lincoln Elementary School: GreatSchools Rating 7/10
Corona Del Mar High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,618 (source: MLS/based on county public records data).

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

The last sale was on February 9, 2009 for $500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 40 Canyon Island Dr has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 40 Canyon Island Dr is 1,197 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Canyon Island Dr is 1976.

Rocket Homes›California›Orange County›Newport Beach›92660›40 Canyon Island Dr

This home is located at 40 Canyon Island Dr in Newport Beach, CA and zip code 92660 in the Big Canyon neighborhood. This 1,197 square foot home, which was built in 1976, sits on a 0.03 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $1,200,000.

Newport Beach, CA housing market in March 2024 saw over 23 listings sold above listed price, more than 13 sold at listed price and over 50 sold below. The number of listings in Newport Beach, CA increased by 8.8% between February 2024 and March 2024. In March 2024 median list price was $3,228,690 and the average listing age was 43 days.

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

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