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Closed
- Listed price
- $2,899,000
- Listed Oct 13, 2021 · $1,544/sq ft
- Sold price
- $2,700,000
- Sold Mar 18, 2022
3 beds|2 ba|1,877 sqft|29,550 sqft lot|1954 Built|96 MLS days on market
2420 23rd St, Newport Beach, CA 92660
Property Description
One of only 19 lake front homes in the exclusive Newport Beach neighborhood of Cherry Lake, discover this charming home on a 30,000 SF lot, the largest in the enclave. The Cherry Lake community is one of the most unique and highly sought after areas in the Newport Beach/Back Bay region. This home is positioned on an incredible lot offering unlimited potential for expansion and growth. Lush landscape, mature trees, tropical plants and flowers give the property a tranquil energy. The spring-fed lake is a rare gem, offering swimming, paddle-boarding and a beautiful view. This home is minutes from the ocean, 500 feet to the Back Bay, yet feels as though you’ve escaped to a private paradise resort. This quaint home boasts almost 2000 SF of interior living space and an open concept floor plan. There is an outdoor workspace, newer AC (3 separate zones) and solar. Discover why Cherry Lake is dubbed at the “Hidden Gem” of Newport Beach.
Listing agent: Branden FellaDRE #01860709fella@compass.com, Listing office: Compass
MLS data updated 11/2/2026, 8:36:12 PM PT
Source: CRMLSMLS #: NP21227042
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,700,000
Mar 18, 2022
Available records32021–2022
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,700,000Closed sale · Mar 18, 2022ZIP 92660 · Mar 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsJan 13, 2022 – Mar 18, 2022
ZIP 92660 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.