tomo logo

$2,895,000

Beds
3
Baths
2.5
sq ft
2,428

16 Hillsdale Dr Unit 12, Newport Beach, CA 92660

16 Hillsdale Dr Unit 12

Newport Beach, CA 92660

  • 26 days on market
Welcome to 16 Hillsdale Drive, a stunning gem nestled within the exclusive gated community of Belcourt Terrace in Newport Beach. This chic single-level home is a rare find, boasting three bedrooms, two and a half bathrooms, and a generous 2,428 square feet of living space. As you step inside, you'll be greeted by a recently renovated oasis, where every detail exudes luxury. From the beautifully complimented draperies to the oak wood flooring and LED recessed lighting, no expense has been spared in creating this exquisite retreat. The living room features a marble fireplace with a custom millwork mantle and built-in cabinetry with glass upper cabinets, a dry bar, and an under-counter wine refrigerator. The kitchen is a chef's dream, showcasing custom shaker-style cabinets, under-counter lighting, and high-end appliances. The primary bedroom offers a serene retreat with vaulted ceilings and designer paint, while the en-suite bathroom boasts modern fixtures and finishes. Outside, a custom-covered courtyard atrium with slate flooring and a flowing water fountain provides a tranquil space for relaxation. The community amenities are equally impressive, with a pool, spa, clubhouse, and outdoor cooking area for entertaining. Conveniently located near Fashion Island, Balboa Island, gourmet restaurants, and pristine beaches, this home offers the epitome of Newport Beach living. With easy access to freeways and a host of modern conveniences, this is an opportunity not to be missed. Come experience the epitome of coastal luxury living and welcome yourself home to 16 Hillsdale in Newport Beach. Schedule a showing today and make this stunning Newport Beach retreat yours.

Details

Property type

Townhouse

Est. home value

$2,525,131

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$1,193

Year built

1984

Monthly HOA fee

$633

Price History

06/05/2024
CRMLS

CRMLS #NP24113868

Listed
$2,895,000
+21.13%
03/08/2022
CRMLS

CRMLS #OC22006256

Sold
$2,390,000

Schools & Community

Elementary school: 

Lincoln

Middle school: 

Corona Del Mar

High school: 

Corona Del Mar

Community features: 

Pool, Curbs, Street Lights, Sidewalks, Park

High school district: 

Newport Mesa Unified

Number of units in community: 

56

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$913,116
Asking price
$2,895,000
Closing costs (~8% of asking)
-$231,600
Est. remaining loan balance
-$1,750,284
Cash to seller
$913,116

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pnc Bank Na

Loan start date

February 2022

Original loan amount

$1,840,000

Est. remaining balance

$1,750,284

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Anthony Magaraci and Diana Magaraci

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 06/30/2024 at 7:40 PM

Listing updated: 06/26/2024 at 9:33 PM

Listed by: Summer Perry, Compass Phone #: (949) 438-4340

MLS: CRMLS #NP24113868

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