$5,492,000 - $6,719,000
RENTED JUN 2, 2025
3 Beds
4.5 Baths
2,588 Sq Ft
$2,274 Price per Sq Ft

Last Sold February 21, 2020

Last sale price $3,225,000 $1,246 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $34,631/month

Highlights

  • Beach Access
  • Fishing
  • Bay View
  • Abraham Lincoln Elementary School Rated A
  • Rooftop Deck
  • Primary Bedroom Suite

About This Home

As of January 2025

STUNNING LUXURY FURNISHED VACATION HOME - Balboa Island Home with Bay Views & Prime Location. Situated just one house from South Bay Front, this exceptional home offers beautiful views of the bay and Fashion Island. Ideally located on one of Balboa Island’s most desirable blocks, it’s just steps from Marine Avenue’s shops and restaurants. This casual contemporary residence features 3 spacious en-suite bedrooms and a third-floor bonus room with a full bath and rooftop deck—perfect for entertaining or a guest suite. The open-concept main level includes a gourmet kitchen with center island, Thermador professional appliances, quartz countertops, and marble backsplash, all flowing into a bright great room with La Cantina stacking doors leading to an oversized front patio. Additional highlights include an elevator to all levels, central A/C, and a prime location for enjoying the best of island living. Don’t miss this rare opportunity to enjoy a luxury coastal retreat in the heart of Balboa Island! WEEKLY AND MONTHLY RATES AVAILABLE. JULY $40,000/mo. JUNE AND AUGUST $30,000/mo. OFF SEASON $20,000/mo.

Last Agent to Rent the Property

Cheri Axelson

Arbor Real Estate Brokerage Phone: 949-278-1964 License #02116436 Listed on: 01/01/2025

Arbor Real Estate

Last Renter's Agent

Ryan Gunderson

Arbor Real Estate License #01869795

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,429

Year Built

  • Built in 2018

Lot Details

  • 2,554 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • No Driveway

Property Views

  • Bay
  • Harbor
  • City Lights

Interior Spaces

  • 2,588 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Furnished
  • Brick Wall or Ceiling
  • High Ceiling
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Loft
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Six Burner Stove
  • Gas and Electric Range
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Balcony
  • Rooftop Deck
  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $19,000
  • Rent includes all utilities, gardener, trash collection, water
  • Available 8/1/24
  • Tax Lot 1
  • Tax Tract Number 7067
  • Assessor Parcel Number 05017127

Community Details

Overview

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Recreation

  • Fishing
  • Water Sports
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,429

Year Built

Built in 2018

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-08-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 19000
  • Furnished: Furnished
  • Total Move In Costs: 38000.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Ad Number: 949-238-6000
  • Other Phone Description: Kidder Group
  • Other Phone Number: 949-238-6000
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05017127
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2588.00 Square Feet
  • Interior Amenities: Balcony, Brick Walls, Elevator, Furnished, High Ceilings, Open Floorplan, Pantry, Stone Counters
  • Stories: 3
  • Entry Location: main level
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, In Family Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 7.73
  • Room Type: All Bedrooms Up, Great Room, Kitchen, Laundry, Loft, Primary Suite, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Primary Bath, Privacy Toilet Door, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Bay, City Lights, Harbor
  • Patio And Porch Features: Covered, Patio, Front Porch, Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, No Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Freezer, Disposal, Gas & Electric Range, Microwave, Refrigerator, Tankless Water Heater, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Hiking, Watersports, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2554.00
  • Lot Size Acres: 0.0586

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Month To Month, Negotiable, Seasonal, Short Term Lease, Vacation Rental, Weekly
  • Lot Size Area: 2554.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: All Utilities, Gardener, Trash Collection, Water
  • Waterfront Features: Beach Access

Tax Info

  • Tax Census Tract: 630.06
  • Tax Lot: 1
  • Tax Tract Number: 07067

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2025
Closed on
May 14, 2025
Sold by
Gonzalez Rollo Community Property Trust and Gonzalez Joseph J
Bought by
Harbor View Properties Lp
Seller's Agent
Cheri Axelson
Arbor Real Estate
Buyer's Agent
Cheri Axelson
Arbor Real Estate
Sold Price
$40,000
Current Estimated Value
$5,675,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,635,570

Purchase Details

Listed on
Sep 19, 2018
Closed on
Jan 24, 2020
Sold by
109 Onyx Newport Beach Llc
Bought by
Gonzalez Joseph J and Rollo Jonathan B
Seller's Agent
Kevin Kubiak
Arbor Real Estate
Buyer's Agent
Don Abrams
Abrams Coastal Properties
List Price
$4,195,000
Sold Price
$3,225,000
Premium/Discount to List
-$970,000
-23.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%

Purchase Details

Closed on
Jul 17, 2019
Sold by
109 Onyx Newport Beach Llc
Bought by
Axelson Jay Donald and Axelson Cheryl Dyer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,240,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 8, 2013
Closed on
Feb 28, 2014
Sold by
Allen John B
Bought by
109 Onyx Newport Beach Llc
Seller's Agent
Mike McKibben
Arbor Real Estate
Buyer's Agent
Kevin Kubiak
Arbor Real Estate
List Price
$3,749,000
Sold Price
$3,600,000
Premium/Discount to List
-$149,000
-3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$1,350,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harbor View Properties Lp $5,550,000 Fidelity National Title
Gonzalez Joseph J $3,225,000 Lawyers Title
Axelson Jay Donald $3,200,000 Lawyers Title Company
109 Onyx Newport Beach Llc $3,600,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Joseph J $2,000,000
Previous Owner Axelson Jay Donald $2,240,000
Previous Owner Onyx Newport Beach Llc $4,500,000
Previous Owner 109 Onyx Newport Beach Llc $4,225,000
Previous Owner 109 Onyx Newport Beach Llc $3,310,000
Previous Owner 109 Onyx Newport Beach Llc $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Rented $40,000 +33.3% --
05/20/2025 05/20/25 For Rent $30,000 +50.0% --
01/25/2025 01/25/25 Rented $20,000 0.0% --
01/01/2025 01/01/25 For Rent $20,000 0.0% --
08/16/2024 08/16/24 Rented $20,000 +5.3% --
08/02/2024 08/02/24 For Rent $19,000 -36.1% --
06/15/2024 06/15/24 Rented $29,750 -0.8% --
02/06/2024 02/06/24 For Rent $30,000 +81.8% --
10/02/2022 10/02/22 Rented $16,500 -5.7% --
09/20/2022 09/20/22 Price Changed $17,500 -12.5% $7 / Sq Ft
08/04/2022 08/04/22 For Rent $20,000 0.0% --
02/21/2020 02/21/20 Sold $3,225,000 -7.9% $1,361 / Sq Ft
10/07/2019 10/07/19 Price Changed $3,500,000 -5.3% $1,477 / Sq Ft
02/28/2019 02/28/19 Price Changed $3,695,000 -5.1% $1,559 / Sq Ft
11/16/2018 11/16/18 Price Changed $3,895,000 -7.2% $1,643 / Sq Ft
09/19/2018 09/19/18 For Sale $4,195,000 0.0% $1,770 / Sq Ft
05/27/2014 05/27/14 Rented $6,000 -20.0% --
05/27/2014 05/27/14 For Rent $7,500 0.0% --
04/09/2014 04/09/14 Sold $3,600,000 -2.6% $772 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
01/13/2014 01/13/14 Price Changed $3,695,000 -1.4% $793 / Sq Ft
10/08/2013 10/08/13 For Sale $3,749,000 -- $804 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $39,429 $3,457,851 $2,490,938 $966,913
2023 $38,477 $3,390,050 $2,442,096 $947,954
2022 $35,325 $3,323,579 $2,394,212 $929,367
2021 $34,647 $3,258,411 $2,347,266 $911,145
2019 $56,670 $5,343,227 $3,758,568 $1,584,659
2018 $54,172 $5,108,454 $3,684,871 $1,423,583
2017 $40,522 $3,802,482 $3,612,619 $189,863
2016 $39,610 $3,727,924 $3,541,783 $186,141
2015 $39,239 $3,671,928 $3,488,583 $183,345
2014 $3,656 $310,429 $199,999 $110,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24255587

California Regional Multiple Listing Service (CRMLS)

APN: 050-171-27