1 month on rocket

Sale Pending

427 Harbor Island Dr, Newport Beach, CA, 92660

$7,495,000

4 Bedrooms
3 Full Baths, 1 Partial
2,814 SqFt
$2,663/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage
Attached Garage2 spaces
Year Built1960
HeatingForced Air, Natural Gas
CoolingNone
WaterfrontBeach, Bay Front, Ocean Front
FireplaceLiving Room
ViewBay, Ocean, Water
MLS #OC24041016
Lot Size0.31 Acres
StatusSale Pending
(Pending)

About 427 Harbor Island Dr

Situated on the iconic waterfront of Newport Harbor, this rare offering of a single-story home with 2,814 s.f.+/-, 4 bedrooms, and 4 bathrooms is not to be missed. Located on the front row with private beach access, the water views showcase beautiful sunsets over the bay from the western-facing rear yard, and flow through floor-to-ceiling picture windows and into a kitchen lined with cabinets and a convenient walk-in pantry. The house features four bedrooms in two wings. One bedroom, close to the main living areas, has a private interior courtyard entry and access to a hallway bathroom — a versatile space, ideal for a secluded home office or workout space. The primary bedroom offers exquisite harbor views through expansive windows, with a generous ensuite bath offering a dual sink vanity and a separate jetted tub and shower, and exterior door entry to shower from the beach. The remaining two bedrooms are well-placed, sharing a connecting bathroom. Parking is easy in the attached garage or large motor courtyard. Newport Harbor provides endless opportunities for an enviable lifestyle, from sailboat races and electric boat excursions to paddleboarding, kayaking, swimming, and the celebrated Christmas boat parade. The property is conveniently located within walking distance of Balboa Island, the Back Bay, Newport Beach Country Club, and Fashion Island. Whether embracing this 60s California ranch home as it is, or modernizing it to reflect your unique needs, you will enjoy all the perks of a premier coastal lifestyle.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1960
  • Stories: 1
  • Living Area: 2,814 SqFt

Listing Office:

  • Office Name: Pacific Sotheby's Int'l Realty
  • Office Phone: 714.655.8940
  • Listing Agent: John Cain

Interior Features

Interior Information:

  • Flooring Type: Tile, Vinyl, Wood
  • Interior: Built-in Features
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Bay Front, Ocean Front
  • View: Bay, Ocean, Water
  • Exterior: Dock

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • 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: From PCH head south on Bayside, turn right onto Harbor Island, property is in the cul-de-sac on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,495,000
  • Price Per SqFt: $2,663/SqFt

Tax Information:

  • Annual Amount: $21,776
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,343

Avg. Days On Market

43

# of Sold Homes

86

427 Harbor Island Dr vs Newport Beach

54 DAYS ON ROCKET

+11 Days

$7,495,000

+$4.2M More

$2,663/SqFt

+$1.3K More

KEY TAKEAWAY

This property is $4.2M more than the Median Sold Price and $1.3K/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: #OC24041016

Listing Office:

  • Office Name: Pacific Sotheby's Int'l Realty
  • Office Phone: 714.655.8940
  • Listing Agent: John Cain

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, 4:20:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$21,776$2,042,133
2020$21,566$2,021,194
2019$20,697$1,981,563
2018$20,697$1,942,709
2017$20,330$1,904,617

History based on county public records data.

Payment Calculator

$37.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$22.5K

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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.

Elementary School

school-card-donut-3794280
7
/10
  • Abraham Lincoln Elementary School

  • 3101 Pacific View Dr

  • 2.31 miles

  • Public District Grades KG-6

High School

school-card-donut-3794281
9
/10
  • Corona Del Mar High School

  • 2101 Eastbluff Dr

  • 1.88 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $262,395. Residents of Newport Beach, CA typically earn $200k+ each year. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 427 Harbor Island Dr

What is the listing price of this property?

The listing price of 427 Harbor Island Dr property is $7,495,000.

What type of property is this?

The property 427 Harbor Island Dr is a house located in Newport Beach, California, 92660.

Is this property for sale now?

Sale Pending: 427 Harbor Island Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 427 Harbor 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 $21,776 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 427 Harbor Island Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 427 Harbor Island Dr is 2,814 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 427 Harbor Island Dr is 1960.
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Rocket HomesCaliforniaOrange CountyNewport Beach92660427 Harbor Island Dr

This home is located at 427 Harbor Island Dr in Newport Beach, CA and zip code 92660. This 2,814 square foot home, which was built in 1960, sits on a 0.31 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $7,495,000.

In March 2024 more than 23 listings in Newport Beach, CA were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 50 were sold below. Between February 2024 and March 2024, Newport Beach, CA real estate market has seen increase in the number of listings by 8.8%. The median list price of listings available in March 2024 was $3,228,690, while the average time on the real estate market was 43 days.

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

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