7 Marisol, Newport Coast, California 92657, Newport Coast, 92657 - 4 bed, 4 bath
ACTIVE$4,299,888$2,784/sqft
Est. Value: $4,259,718
%
FairlyEstimate
7 Marisol, Newport Coast, California 92657
4Beds
4Baths
2,784Sqft
4,810Lot
Price Vs. Estimate
The estimated value ($4,259,718.08) is $40,169.92 (0%) lower than the list price ($4,299,888). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Newport Coast Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Top Cons:
Age of Property / Potential for Updates: Built in 1998, the property may require updates to interior finishes and systems to meet contemporary luxury standards, potentially incurring additional investment for a discerning buyer.
Compared to the nearby listings
Price:$4.30M vs avg $6.75M ($-2,450,112)17%
Size:2,784 sqft vs avg 3,787 sqft17%
Price/sqft:$1.5K vs avg $1.7K35%
More Insights
Built in 1998 (28 years old).
Condition: Built in 1998, the property is 26 years old. However, the kitchen and master bathroom have been extensively updated with modern finishes, including white shaker cabinets, stainless steel appliances, contemporary countertops, a freestanding tub, and a modern tiled shower with a pebble floor. These renovations appear to be within the last 5-15 years, making the home move-in ready with no immediate renovations required. While some elements like the living room fireplace might show slight age, the overall condition, flooring (tile and hardwood), and recessed lighting are well-maintained and functional, aligning with a 'Good' rating.
Year Built
1998
Close
-
List price
$4.3M
Original List price
$4.3M
Price/Sqft
$1,545
HOA
$380
Days on market
-
Sold On
-
MLS number
OC26007263
Home ConditionGood
Features
Excellent View: Catalina, City Lights, Ocean, Panoramic, Water
Deck
Patio
ViewCatalina,City Lights,Ocean,Panoramic,Water
About this home
View! View! View! A beautiful sit-down ocean view and city light view home in a desirable gated Tesoro community. The sweeping Catalina, Ocean and Palos Verdes Peninsula view. Dazzeling city lights in the evenings. This gorgeous home offers 4Bed plus an office. 3.5 bath. Nice mother-in-law bedroom with bath on the main floor. Short distant to the homeowner association clubhouse offering pool and spa. YOU NEED TO LOOK NO FURTHER.
S
Shalan Nowak
Listing Agent
Nearby schools
9/10
Newport Coast Elementary School
Public,•PK-6•0.3mi
9/10
Corona Del Mar High School
Public,•7-12•3.6mi
Price History
Date
Event
Price
12/09/98
Sold
$711,000
04/05/16
Sold
$2,195,000
01/22/14
Sold
$2,020,000
02/24/09
Sold
$1,400,000
Condition Rating
Good
Built in 1998, the property is 26 years old. However, the kitchen and master bathroom have been extensively updated with modern finishes, including white shaker cabinets, stainless steel appliances, contemporary countertops, a freestanding tub, and a modern tiled shower with a pebble floor. These renovations appear to be within the last 5-15 years, making the home move-in ready with no immediate renovations required. While some elements like the living room fireplace might show slight age, the overall condition, flooring (tile and hardwood), and recessed lighting are well-maintained and functional, aligning with a 'Good' rating.
Pros & Cons
Pros
Great Schools: Elementary School: Newport Coast Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Panoramic Views: The property boasts sweeping panoramic views of Catalina Island, the Pacific Ocean, Palos Verdes Peninsula, and dazzling city lights, significantly enhancing its appeal and value.
Desirable Gated Community & Location: Located in the highly sought-after, desirable gated Tesoro community in Newport Coast, offering exclusivity and a prestigious address.
Excellent School Proximity & Ratings: Zoned for top-rated Newport Mesa Unified schools, including Newport Coast Elementary (rated 9) within 0.26 miles, providing exceptional educational opportunities.
Flexible Floor Plan: Features a versatile layout with 4 bedrooms plus an office and a convenient mother-in-law suite with a bath on the main floor, accommodating diverse living arrangements.
HOA Amenities: Residents benefit from access to homeowner association amenities, including a clubhouse with a pool and spa, located a short distance from the home.
Cons
Age of Property / Potential for Updates: Built in 1998, the property may require updates to interior finishes and systems to meet contemporary luxury standards, potentially incurring additional investment for a discerning buyer.
Monthly HOA Fees: A monthly association fee of $380 adds a recurring cost to homeownership, which should be considered in the overall budget.
Modest Lot Size: With a lot size of 4,810 sqft, the outdoor space is relatively modest for a luxury home in this price range, potentially limiting extensive landscaping or large outdoor entertainment areas.