337 Cherry Tree Lane, Newport Beach, California 92660, Newport Beach, - bed, bath

home-pic
ACTIVE$3,700,000
337 Cherry Tree Lane, Newport Beach, California 92660
5Beds
4Baths
3,102Sqft
9,335Lot
Year Built
1975
Close
-
List price
$3.7M
Original List price
$3.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP24032048
Home ConditionGood
Features
Good View: Neighborhood
Pool
Spa
Patio
ViewNeighborhood

About this home

****Please note that there is only one opportunity to view this home. Wednesday, July 23rd from 12:30 to 1:30PM**** 337 Cherry Tree Lane is perfectly located at the very end of a picturesque 8-home cul-de-sac in the heart of Newport Beach. Featuring almost 3,000sqft and lovingly upgraded throughout the years, this 5-BD/4-BA home welcomes every visitor with instant comfort and relaxation. High-beamed ceilings drape the interior of the residence with natural light while the pie-shape lot opens to a wonderful backyard retreat. Enter the home through a welcoming tree & brick-lined entry with a covered porch and impressive Dutch doors. Large in scale and illustrating attention to detail everywhere, the open-concept main floor living and dining spaces feature light laminate wood floors, brick-lined fireplaces, vaulted ceilings with plentiful skylights, and upgraded lighting, windows & doors. Entertaining is a breeze from the bright kitchen that showcases GE appliances, a farmhouse sink, black granite counters, separate beverage fridge, and plentiful storage cabinetry. Taking full advantage of the impressive 129-feet length of the backyard, the outside space features a 40-foot lap pool with a separate 12-person spa to offer endless relaxation or exercise options. Additional upgrades throughout the home include newer HVAC, air conditioning, upgraded baths, solar panels, and mature landscaping. Homes in the highly-sought-after Cherry Lake area rarely come on the market and it's easy to understand why due to close proximity to miles of nature trails in Newport's Upper Bay Nature Preserve, short distance to the beach, and easy access to the area's best schools, shops, and restaurants.

Nearby schools

8/10
Heinz Kaiser Elementary School
Public,3-60.5mi
/10
Woodland Elementary School
Public,PK-20.8mi
9/10
Eastbluff Elementary School
Public,K-61.2mi
8/10
Mariners Elementary School
Public,PK-61.5mi
7/10
Horace Ensign Intermediate School
Public,7-82.5mi
9/10
Corona Del Mar High School
Public,7-121.6mi
7/10
Newport Harbor High School
Public,9-122.1mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (115 Listings)
Beds54
73%
Baths44
50%
Square foot3,1022,840
58%
Lot Size9,3357,700
72%
Price$3.7M$3.89M
43%
Price per square foot$1,193$1,382
29%
Built year19759855986
59%
HOA
Days on market630157
99%
Condition Rating
Good

The property, built in 1975, has been upgraded throughout the years. The kitchen features GE appliances, granite counters, and a beverage fridge. The bathrooms have also been upgraded. The listing mentions newer HVAC, air conditioning, and solar panels. While not brand new, the upgrades and well-maintained condition justify a 'Good' rating.
Pros & Cons

Pros

Prime Location: Located at the end of a cul-de-sac in the desirable Cherry Lake area of Newport Beach, offering privacy and minimal traffic.
Upgraded Interiors: The home features upgraded interiors with high-beamed ceilings, light laminate wood floors, brick-lined fireplaces, vaulted ceilings with skylights, and upgraded lighting, windows & doors.
Modern Kitchen: The bright kitchen is equipped with GE appliances, a farmhouse sink, black granite counters, a separate beverage fridge, and ample storage.
Backyard Retreat: The expansive backyard includes a 40-foot lap pool and a 12-person spa, perfect for relaxation and exercise.
Recent Upgrades: The property boasts newer HVAC, air conditioning, upgraded baths, solar panels, and mature landscaping.

Cons

Price Increase: The list price has increased from the original list price, which may deter some buyers.
Limited Viewing Opportunity: The property had a very limited viewing window, which may have restricted potential buyers from seeing the home.
Year Built: Built in 1975, the property may require additional updates to appeal to buyers seeking newer construction or modern amenities.

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