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Sold

20242 Orchid Street sold on July 18, 2024 for $2,000,000, 16.6% below the $2,399,000 asking price after 41 days on the market; it was first listed at $2,549,000. The buyer financed the purchase with a conventional loan. The details are below for reference.

Single Family ResidenceSold · Jul 18, 2024

20242 Orchid Street, Newport Beach, CA 92660

  • 4 beds
  • 5 baths
  • 2,994 sq ft
  • 8,100 sq ft lot
  • Built 1952

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$2,000,000

MLS# IV24034013

The home

About 20242 Orchid Street

**PRICE REDUCED!!!** This beautifully remodeled home features 4 bedrooms and 5 bathrooms, with 2,994 squre feet of living space. The mechanical systems have all been updated. The kitchen has quartz counter tops, new cabinetry and tile backsplash. There is a breakfast nook off the kitchen and a formal dining room off the family room. The living room has a fireplace and 2 story ceiling. The staircase leads to a large loft which could be a game room, den or office. There are Large sky lights throughout the home. There is a deck off the rear of the loft. Two of the bedrooms have doors leading to the backyard. As spa with grotto is located in the rear of the property. The roof is new as well as all the doors.

Property details for 20242 Orchid Street

This 4-bedroom, 5-bath single-family home sits in Newport Beach in Orange County. It has 2,994 square feet of living space on an 8,100-square-foot lot. The home was built in 1952. The MLS record lists the assessor parcel number as 439-033-23. Highlights include a private spa, a fireplace, an attached two-car garage, central air, an updated home, and traditional architecture.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
IV24034013
Year Built
1952
Living Area (sq ft)
2,994
Living Area Source
Assessor
Lot Size (sq ft)
8,100
Lot Size (acres)
0.186
Levels
Two
Bedrooms
4
Full Baths
5
Garage Spaces
2
Parking Spaces
2
View
Neighborhood
Parcel Number
43903323
On Market Date
2024-03-09
Zoning
R-1
Listing Terms
Third Party Approval

Interior Features

Interior Features
Balcony, Ceiling Fans, Separate Formal Dining Room, Quartz Counters, Recessed Lighting, All Bedrooms Down
Appliances
Dishwasher, Disposal, Water Heater
Flooring
Laminate
Heating
Central
Cooling
Central Air
Fireplace
Bonus Room
Laundry
In Garage
Main Level Bedrooms
4
Main Level Bathrooms
5
Entry Level
1
Common Walls
No Common Walls
Windows
Double Pane Windows

Exterior Features

Architectural Style
Traditional
Roof
Composition, Shingle
Construction
Frame, Stucco
Lot Features
Front Yard, Lawn, Landscaped
Patio and Porch
Rear Porch, Front Porch
Parking
Driveway, Garage
Fencing
Wood
Pool Features
None
Spa
Private
Sewer
Public Sewer
Water
Public
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected
Condition
Updated Remodeled, Turnkey
Faces
West
Units
1

Community Features

Community Features
Biking, Suburban
Security
Carbon Monoxide Detectors, Smoke Detectors

The record

Property History for 20242 Orchid Street

DateEventPriceNote
Jul 18, 2024 Sold $2,000,000
Apr 19, 2024 Status changed to Pending From Active
Apr 15, 2024 Price reduced $2,399,000 From $2,449,000
Apr 5, 2024 Price reduced $2,449,000 From $2,549,000
Mar 9, 2024 Status changed to Active From Coming Soon
Mar 9, 2024 Listed for sale $2,549,000

No prior MLS sales on record for this home since 2012.

Next steps

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The neighborhood

About Newport Beach

Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.

Newport Beach home sales, past 12 months

Homes sold
460
Median price
$4,382,500
Median days on market
23
Median per sq ft
$1,610

Recorded MLS closings of single-family homes, Nov 1, 2025 to Nov 1, 2026. Days on market run from listing to going under contract.

Recent Newport Beach sales

AddressClosedPriceSq ftPer sq ftDays on market
118 Sapphire Oct 30, 2026 $6,275,000 2,321 $2,704 31
2007 Miramar Oct 29, 2026 $4,850,000 2,408 $2,014 0
449 M Street Oct 29, 2026 $3,800,000 1,174 $3,237 12
4 Narbonne Oct 29, 2026 $10,000,000 5,463 $1,830 0
1740 E Ocean Boulevard Oct 28, 2026 $4,600,000 Not reported Not reported 112

Schools

School District for 20242 Orchid Street

As listed in the MLS record. Confirm attendance boundaries with the school district.

The MLS record lists the school district as Newport Mesa Unified.

Living in Newport Beach covers its schools, parks and beaches.

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Listed by JOHN MARTINDALE of GS STRATEGIES, INC.

Listing information updated Jul 18, 2024 at 2:58 PM PT. Source: CRMLS.

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