116 Via Koron, Newport Beach, CA 92663

5 beds4 baths3,405 sqft Edit

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Sold: $3,175,000
Sold on 02/25/14
Zestimate®: $3,137,160
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Buy to tear down or remodel on this 75 X 88'' lot! This lot comes with architectural plans for 2 Cape Cod style homes designed by local architect, Cynthia Childs. Each home is approximately 3300 sf and will have 4 bedrooms, 3 bathrooms, a 2 car garage and a roof top deck. This expansive home is built on one of the largest interior street to street lots on the island and is approximately two and a half lots. Existing home is being sold 'As-Is'. Lot split has been applied for with the city and is in process. Architectural plans have been submitted with the city of Newport Beach. Architectural plans have been submitted with the HOA and in the process of approval. These structural plans also come with a completed Geotechnical Investigation. This is a great opportunity for a developer/investor to build and sell both homes or for a builder/owner to build both homes, live in one and sell the other. Or just remodel existing home to your taste! Lido Isle includes a yacht club, boat docks, boat storage, grass parks and children's playgrounds, plus three tennis courts and beautiful sandy beaches.  More Less 

Facts

  • Lot: 6,600 sqft
  • Single Family
  • Built in 1950
  • Views: 2,096 all time views
  • Cooling: None
  • Heating: Forced air
  • Last sold: Feb 2014 for $3,175,000
  • Last sale price/sqft: $932

Features

  • Flooring: Carpet
  • Parking: Garage - Attached, 2 spaces

    Construction

    • Roof type: Other
    • Room count: 6
    • Stories: 2
    • Structure type: Other
    • Unit count: 1

    Other

    • Floor size: 3,405 sqft
    • Parcel #: 42320104
    • Zillow Home ID: 25465187

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $3,137,160
    -$4,535 Last 30 days
    $2.51M
    $3.61M
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $10,129/mo
    +$369 Last 30 days
    $5.4K
    $18K
    Zestimate range

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    2,096 all-time views
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    Comparable Homes

    Homes like this sold for $2.45-3.68M.

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    Mortgages

    Neighborhood: 92663

    Zillow predicts 92663 home values will increase 1.5% next year, compared to a 3.1% rise for Newport Beach as a whole. Among 92663 homes, this home is valued 152% more than the midpoint (median) home, and is valued 20.4% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 92663, the number of foreclosures waiting to be sold is 10.3% greater than in Newport Beach, and 59% lower than the national average. This higher local number may prevent 92663 home values from rising as quickly as other regions in Newport Beach.

    Learn more about forecast calculations or 92663 home values.
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      Nearby Schools in Newport Beach

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      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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