$4,220,000
SOLD MAY 14, 2021
4 Beds
3 Baths
1,800 Sq Ft
1989 Built

Recently Sold

$2,344 Per Sq Ft

6% Below List Price

62 Days on Market

Highlights

  • White Water Ocean Views
  • Fishing
  • Rooftop Deck
  • Newport Elementary School Rated A
  • No Units Above
  • 3-minute walk to Balboa Peninsula Park

About This Home

As of May 2021

Back on the Market with additional improvements! This turn-key, three-level beachfront home has just completed a full designer remodel. Unlike anything else currently available; A rare opportunity to enjoy panoramic views, an ideal sand-front location all in a low maintenance condo-zoned property that lives like a true single-family home. A thoughtful floorplan features sand-front ocean views from all main living areas culminating in an oversized panoramic rooftop deck complete with fire pits, outdoor kitchen and postcard scenes of Newport pier, Catalina Island, Newport Harbor, and more. A highly sought after first level Master Suite with spa-inspired bath with steam shower opens to the beach front patio. Three additional guest rooms, Gourmet Chefs Kitchen, ample storage space, subterranean parking with space for multiple vehicles, three outdoor terraces, custom finishes and fine materials throughout complete this most perfect beach home.

Last Agent to Sell the Property

Andrew Cotton

Compass License #01895023 Listed on: 02/17/2021

Compass

Co-Listed By

Christopher Bellot

Compass License #01895021

Last Buyer's Agent

Laurie Paxson

Berkshire Hathaway Home Services License #02006227

Berkshire Hathaway Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $47,286

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • No Units Above
  • No Units Located Below
  • 1 Common Wall

Parking

  • 1 Carport Space
  • Subterranean Parking
  • Parking Available
  • Tandem Garage
  • Single Garage Door
  • Driveway

Property Views

  • White Water Ocean
  • Marina
  • Coastline
  • Bay
  • Harbor
  • Views of a pier
  • Catalina
  • Panoramic
  • City Lights
  • Views of a landmark
  • Mountain
  • Hills

Interior Spaces

  • 1,800 Sq Ft Home
  • Gas Fireplace
  • Entryway
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • 3 Full Bathrooms

Outdoor Features

  • Rooftop Deck
  • Fireplace in Patio
  • Patio
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Tankless Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7001
  • Assessor Parcel Number 93793017

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Balboa Peninsula Point Subdivision

Recreation

  • Fishing
  • Park
  • Water Sports
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$47,286

Year Built

Built in 1989 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93793017
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1800.00 Square Feet
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Outside, Patio, Gas, Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2344.44
  • Room Type: Entry, Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom
  • Bathroom Features: Remodeled, Upgraded

Exterior Features

  • Patio: Yes
  • View: Bay, Catalina, City Lights, Coastline, Harbor, Hills, Landmark, Marina, Mountain(s), Ocean, Panoramic, Pier, Water, White Water
  • Patio And Porch Features: Patio, Roof Top
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Direct Garage Access, Driveway, Garage - Single Door, Subterranean, Tandem Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Tankless Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Fishing, Park, Watersports, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Latitude Manual: 33.60002000

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 1
  • Tax Tract Number: 07001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Apr 13, 2021
Sold by
Tembo California Real Estate Llc
Bought by
Trifecta California Properties Llc
Seller's Agent
Andrew Cotton
Compass
Buyer's Agent
Laurie Paxson
Berkshire Hathaway Home Services
List Price
$4,500,000
Sold Price
$4,220,000
Premium/Discount to List
-$280,000
-6.22%
Current Estimated Value
$4,553,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,707
Avg. Annual Appreciation
2.19%

Purchase Details

Closed on
Sep 14, 2016
Sold by
Beadles Zane D
Bought by
Tembo California Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 15, 2014
Closed on
Feb 24, 2015
Sold by
Beadles Zane D
Bought by
Tembo California Real Estate Llc
Seller's Agent
Karly Brown
Karly Brown, Broker
Buyer's Agent
Andrew Cotton
Compass
List Price
$2,850,000
Sold Price
$2,740,000
Premium/Discount to List
-$110,000
-3.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%

Purchase Details

Listed on
Oct 15, 2014
Closed on
Dec 2, 2014
Sold by
1119 Balboa Llc
Bought by
Beadles Zane D
Seller's Agent
Karly Brown
Karly Brown, Broker
Buyer's Agent
Andrew Cotton
Compass
List Price
$2,850,000
Sold Price
$2,740,000
Premium/Discount to List
-$110,000
-3.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 28, 2007
Sold by
Wickland Valerie E
Bought by
1119 Balboa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,278,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2007
Sold by
1119 Balboa Llc
Bought by
Wickland Valerie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,278,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2006
Sold by
Wickland Valerie E and Wicklund Valerie E
Bought by
1119 Balboa Llc

Purchase Details

Closed on
Apr 26, 2005
Sold by
Wicklund Valerie E
Bought by
Wicklund Valerie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 6, 2002
Sold by
Hooper Jimmie W and Hooper Terri P
Bought by
Hooper Jimmie W and Jim Hooper Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.52%

Purchase Details

Closed on
Feb 6, 2001
Sold by
Hooper Jimmie W
Bought by
Wickland Valerie E and Valerie E Wickland Revocable Separate Pr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 1997
Sold by
Peterson Stephen R and Peterson Kathy L
Bought by
Hooper Jimmie M and Hooper Terri P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,500
Interest Rate
6.87%
Source: Public Records

Similar Homes in the area

  • 2525 Ocean Blvd Unit C-1, Corona Del Mar, CA 92625

    $4,000,000

    • 4 Beds
    • 3 Baths
    • 2,456 Sq Ft
    • 2525 Ocean Blvd
    • Unit C-1
    • Corona Del Mar, CA

    Elegant, rare, and spacious — welcome to this premier double-unit bay front residence in the exclusive gated community of Channel Reef. Located at 2525 Ocean Blvd in Corona del Mar, this expansive four-bedroom, three-bathroom home offers breathtaking panoramic views of Newport Harbor and the main channel.Designed for both relaxed coastal living and grand-scale entertaining, the

    Cyrus Mohseni The Keystone Team

    Section Image
  • 319 1/2 Jasmine Ave, Corona Del Mar, CA 92625

    $4,295,000

    • 3 Beds
    • 3.5 Baths
    • 2,472 Sq Ft
    • 319 1/2 Jasmine Ave
    • Corona Del Mar, CA

    Situated on a rare oversized 55-foot lot just two blocks from the beach, this stunning 3-bed, 3.5-bath ~2,472 sqft rear unit home captures the essence of coastal living in the heart of Corona del Mar Village. Built by Nicholson Companies, the designer home blends timeless charm with modern sophistication. Enjoy seamless indoor-outdoor living with a private front patio and gas fire pit, expansive

    Paul Daftarian Luxe Real Estate

    Section Image
  • 1319 E Balboa Blvd Unit C, Newport Beach, CA 92661

    $3,500,000

    • 3 Beds
    • 3 Baths
    • 1,945 Sq Ft
    • 1319 E Balboa Blvd
    • Unit C
    • Newport Beach, CA

    I wanted to share a remarkable opportunity located in the prestigious Peninsula Point area of Newport Beach. This exceptional property offers direct access to the sand and boardwalk, providing stunning views of the Ocean, Sunsets, Balboa Pier, and Catalina Island. The location allows for a leisurely walk to the main street for dining, shopping, or to the world-famous Wedge, where you can witness

    Nancy Barfield Pacific Sotheby's Int'l Realty

    Section Image
  • 1203 Bayside Dr, Newport Beach, CA 92625

    $4,190,000

    • 3 Beds
    • 2.5 Baths
    • 2,011 Sq Ft
    • 1203 Bayside Dr
    • Newport Beach, CA

    WATERFRONT LOCATION! Rare opportunity to live oceanfront with unobstructed views of the harbor in one of the most coveted locations! This beautiful second floor end unit home offers priceless sunrise and sunset views! Watch the harbor come alive in the evenings through a wall of windows or walk out to your own private covered terrace and sit front row to the Newport Beach boat parade during the

    Erin Williamson Team First Team Real Estate

    Section Image
  • 1241 Bayside Dr Unit 209, Corona Del Mar, CA 92625

    $4,390,000

    • 2 Beds
    • 2 Baths
    • 1,947 Sq Ft
    • 1241 Bayside Dr
    • Unit 209
    • Corona Del Mar, CA

    Rarely Available, this beautifully remodeled soft contemporary Bayfront home is located in a highly desired community facing Little Balboa Island. Two large bedrooms plus a generous living room/dining/kitchen area were expanded to take advantage of the amazing water views. The expanded Primary Bedroom and Bath Suite with walk-in closet are a luxury. Views from the living areas and newly surfaced

    Phillip Langford Surterre Properties Inc.

    Section Image
  • 309 Carnation Ave Unit 4, Corona Del Mar, CA 92625

    $4,399,000

    • 2 Beds
    • 2 Baths
    • 1,862 Sq Ft
    • 309 Carnation Ave
    • Unit 4
    • Corona Del Mar, CA

    Stunning 2025 complete remodel with high-end luxury in mind. Indulge in awe-inspiring panoramic views of Newport Harbor, Catalina Island, city lights, and the California coastline. The contrast of the majestic white-water scenery against the coastal landscape creates a truly remarkable masterpiece that showcases the exceptional value and uniqueness of this home. Entering through a custom front

    Suzanne Malerbe RE/MAX Select One

    Section Image
  • 302 Carnation Ave, Corona Del Mar, CA 92625

    $3,758,800

    • 3 Beds
    • 2.5 Baths
    • 2,139 Sq Ft
    • 302 Carnation Ave
    • Corona Del Mar, CA

    Experience iconic Corona Del Mar living in this completely reimagined 3-bedroom, 2.5-bath ocean-view home, offering unparalleled comfort and style—as well as parking for up to 8 cars! Situated on a quiet cul-de-sac just one block from the ocean on the coveted 300 block of Carnation Ave. and featuring stunning panoramic views of Newport Harbor, Fashion Island, and the Pacific Ocean, this idyllic

    Damon Mazzano Ron Mazzano, Broker

    Section Image
  • 825 W Bay Ave Unit A, Newport Beach, CA 92661

    $3,995,000

    • 3 Beds
    • 4 Baths
    • 1,732 Sq Ft
    • 825 W Bay Ave
    • Unit A
    • Newport Beach, CA

    Welcome to your dream coastal retreat at 825 W Bay Avenue Unit A. This stunning new construction condo offers a perfect blend of luxury and comfort, spanning 1,732 square feet of meticulously designed living space. With 3 spacious bedrooms and 4 elegant bathrooms, this home provides an ideal setting for relaxation and entertainment with views of the Newport Harbor from every floor.Step

    Summer Perry Compass

    Section Image
  • 435 Fernleaf Ave Unit 1, Corona Del Mar, CA 92625

    $4,600,000

    • 3 Beds
    • 3 Baths
    • 1,903 Sq Ft
    • 435 Fernleaf Ave
    • Unit 1
    • Corona Del Mar, CA

    Nestled in the heart of Corona del Mar Village, this charming residence offers the ultimate coastal lifestyle—just a short stroll to acclaimed restaurants, and cafes . Featuring 3 spacious bedrooms and 3 full bathrooms, the home boasts a chef’s kitchen with premium appliances, generous counter space, and custom cabinetry.Experience the best of village living—where convenience, charm, and

    Hanna Karcho-Polselli Luxury Fine Homes, Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $4,220,000 Chicago Title Company
Grant Deed -- Accommodation
Grant Deed -- First American Title Co Resi
Quit Claim Deed -- Accommodation
Grant Deed $2,740,000 Old Republic Title Company
Grant Deed -- Placer Title Company
Grant Deed -- Placer Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Grant Deed $1,400,000 Fidelity National Title
Grant Deed $755,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,300,000 New Conventional
Previous Owner $2,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,278,000 Purchase Money Mortgage
Previous Owner $1,150,000 Negative Amortization
Previous Owner $644,000 Unknown
Previous Owner $300,000 Unknown
Previous Owner $650,000 No Value Available
Previous Owner $990,000 Purchase Money Mortgage
Previous Owner $140,000 Credit Line Revolving
Previous Owner $142,000 Credit Line Revolving
Previous Owner $679,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Rented $18,000 +2.9% --
12/06/2023 12/06/23 Price Changed $17,500 -2.8% $10 / Sq Ft
11/29/2023 11/29/23 Price Changed $18,000 -2.7% $10 / Sq Ft
09/11/2023 09/11/23 Price Changed $18,500 -17.8% $10 / Sq Ft
05/23/2023 05/23/23 Price Changed $22,500 +9.8% $13 / Sq Ft
03/15/2023 03/15/23 Price Changed $20,500 -8.9% $11 / Sq Ft
01/02/2023 01/02/23 Price Changed $22,500 +21.6% $13 / Sq Ft
11/02/2022 11/02/22 Price Changed $18,500 -17.8% $10 / Sq Ft
03/08/2022 03/08/22 For Rent $22,500 0.0% --
03/01/2022 03/01/22 Off Market $22,500 -- --
08/27/2021 08/27/21 Price Changed $22,500 -10.0% $13 / Sq Ft
07/05/2021 07/05/21 Price Changed $25,000 -16.7% $14 / Sq Ft
06/27/2021 06/27/21 Price Changed $30,000 -14.3% $17 / Sq Ft
06/12/2021 06/12/21 Price Changed $35,000 +16.7% $19 / Sq Ft
05/19/2021 05/19/21 For Rent $30,000 0.0% --
05/14/2021 05/14/21 Sold $4,220,000 -6.2% $2,344 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $4,500,000 +64.2% $2,500 / Sq Ft
01/06/2015 01/06/15 Sold $2,740,000 -3.9% $1,522 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
10/15/2014 10/15/14 For Sale $2,850,000 -- $1,583 / 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
2025 $47,286 $4,546,214 $4,310,267 $235,947
2024 $47,286 $4,457,073 $4,225,752 $231,321
2023 $46,183 $4,369,680 $4,142,894 $226,786
2022 $45,422 $4,284,000 $4,061,660 $222,340
2021 $31,830 $2,991,083 $2,768,149 $222,934
2020 $31,525 $2,960,414 $2,739,765 $220,649
2019 $30,869 $2,902,367 $2,686,044 $216,323
2018 $30,253 $2,845,458 $2,633,376 $212,082
2017 $29,718 $2,789,665 $2,581,741 $207,924
2016 $29,540 $2,781,785 $2,581,741 $200,044
2015 $17,572 $1,632,546 $1,401,324 $231,222
2014 $12,684 $1,175,000 $963,433 $211,567
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21033322

California Regional Multiple Listing Service (CRMLS)

APN: 937-930-17