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Sold

1 Terraza Drive sold on May 20, 2022 for $2,055,000, 3% above the $1,995,000 asking price after 13 days on the market. The buyer paid cash. The details are below for reference.

CondominiumSold · May 20, 2022

1 Terraza Drive, Newport Coast, CA 92657

  • 3 beds
  • 3 baths
  • 1,866 sq ft
  • Built 1994

Own 1 Terraza Drive? Request a free home valuation to see what it is worth today.

$2,055,000

MLS# OC22053591

Subdivision Altezza

The home

About 1 Terraza Drive

Welcome home to the prestigious gated community of Altezza in the highly sought after community of Newport Coast. Located up high on the hillside above Newport makes for spectacular views of the sunset, ocean, hillside and city lights glittering at night. And this home does not disappoint with complete 180 degree views of Catalina and the Pacific Ocean. This 3 bedroom 3 bath home (2 bedroom plus den or office) has a highly desirable floor plan with all living areas on one level. Enter to high ceilings in the main living area with a fireplace and new carpet. The kitchen is adjacent and features eat in dining as well as a large kitchen island. Kitchen has a new dishwasher, Ge profile oven, microwave and builtin refrigerator. Stainless steel 5 burner Dacor cooktop to support those true chefs in the kitchen. One secondary bedroom is on its own wing with private full sized bathroom, and the oversized primary bedroom has his and hers closets with organizers, drawers, and shelving and there is also a very spacious master bath with upgraded flooring.

Don't miss the incredible views off the rear patios, truly spectacular views!

Property details for 1 Terraza Drive

This 3-bedroom, 3-bath condo sits in the Altezza neighborhood of Newport Coast in Orange County. It has 1,866 square feet of living space. The home was built in 1994. The MLS record lists the assessor parcel number as 935-344-72. Highlights include ocean and coastline views, a community pool, a fireplace, an attached two-car garage, and central air.

Specifications

Home Details

General Features

Property Type
Condominium
MLS Number
OC22053591
Year Built
1994
Living Area (sq ft)
1,866
Living Area Source
Assessor
Lot Size (acres)
0
Levels
Two
Bedrooms
3
Full Baths
2
Garage Spaces
2
Parking Spaces
2
View
City Lights, Coastline, Harbor, Mountains, Neighborhood, Ocean
HOA Dues
$425
HOA Frequency
Monthly
HOA Name
Altezza
Parcel Number
93534472
On Market Date
2022-03-18
Listing Terms
Standard, Trust
HOA fees
$550 monthly

Interior Features

Interior Features
All Bedrooms Up
Appliances
Dryer, Washer
Cooling
Central Air
Fireplace
Family Room
Laundry
Laundry Room
Main Level Bedrooms
3
Main Level Bathrooms
2
Common Walls
Two Common Walls Or More

Exterior Features

Pool Features
Association
Sewer
Public Sewer
Water
Public
Units
1

Community Features

Subdivision
Altezza (ALTZ)
Community Features
Biking, Curbs, Golf, Hiking
Association Amenities
Fire Pit, Barbecue, Picnic Area, Pool, Spa Hot Tub
Second HOA Dues
$125

The record

Property History for 1 Terraza Drive

DateEventPriceNote
May 20, 2022 Sold $2,055,000
Apr 1, 2022 Status changed to Active Under Contract From Active
Mar 18, 2022 Status changed to Active From Coming Soon
Mar 18, 2022 Listed for sale $1,995,000

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

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 1 Terraza Drive

We looked up this home's map point in public government maps. These facts are not part of the MLS listing.

Hazard zones

Flood zone

Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.

FEMA National Flood Hazard Layer, FIRM panel 06059C0402J effective December 3, 2009. Checked October 15, 2026.

Fire hazard severity zone

Very High Fire Hazard Severity Zone, Local Responsibility Area.

CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.

Earthquake fault zone

Outside the Alquist-Priolo Earthquake Fault Zones.

California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.

Liquefaction zone

Outside the liquefaction zones.

California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Landslide zone

Outside the earthquake-induced landslide zones.

California Geological Survey, Seismic Hazard Zones map, Laguna Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Tsunami hazard area

Outside the Tsunami Hazard Area on the State's evacuation planning map.

California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.

Internet and charging

Fixed internet

Cable: Cox Communications, up to 2,000 Mbps, at 139 of 142 residential locations in this census block. Fixed wireless: GeoLinks, up to 1,000 Mbps, at 2 of 142. Fixed wireless: Verizon, up to 300 Mbps, at 67 of 142.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590626435000, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.4 miles away (ChargePoint, 1 Level 2 port). 122 public charging ports within 3 miles.

U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.

These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).

Official maps

Next steps

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Selling near 1 Terraza Drive

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The neighborhood

About Newport Coast

Master-planned by the Irvine Company in the 1990s, Newport Coast climbs the San Joaquin Hills along Newport Coast Drive within the City of Newport Beach, set above Crystal Cove State Park and its historic beach cottages. The community takes in the Pelican Hill enclaves and resort, and falls within the Newport-Mesa Unified School District.

Newport Coast home sales, past 12 months

Homes sold
24
Median price
$1,915,000
Median days on market
12
Median per sq ft
$1,150

Recorded MLS closings of condos, Nov 4, 2025 to Nov 4, 2026. Days on market run from listing to going under contract.

Recent Newport Coast sales

AddressClosedPriceSq ftPer sq ftDays on market
20 Fecamp Oct 30, 2026 $2,550,000 1,716 $1,486 0
7 Suprema Oct 23, 2026 $4,200,000 2,126 $1,976 37
29 Bretagne Oct 15, 2026 $1,250,000 1,170 $1,068 6
14 Teramo Court Oct 1, 2026 $1,600,000 1,117 $1,432 6
86 Anjou Sep 8, 2026 $1,387,500 1,355 $1,024 74

Schools

School District for 1 Terraza Drive

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 Coast covers its schools, parks and beaches.

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Listed by Colin Delaney of Gatehouse Properties

Listing information updated May 23, 2022 at 10:26 AM PT. Source: CRMLS.

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