1120 W Oceanfront Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $6,158,000 - $11,158,072
3
Beds
3
Baths
2,467
Sq Ft
$3,406/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- Primary Bedroom Suite
- Newport Elementary School Rated A
- In Ground Spa
- 4-minute walk to Newport Beach Playground
About This Home
As of January 2018Located oceanfront on the Balboa Peninsula, this home exemplifies Newport’s beach living. With idyllic sweeping ocean views from the main level and the master and secondary bedroom upstairs, this custom home rests on one of the most open and private stretches of beach area on the peninsula. With 36’ of frontage, the home’s front patio runs the entire length of the house and offers dramatic views of Catalina Island and 180 degree views up and down the coastline. The open floorplan encompasses spacious living with walls of windows focusing on the view. The kitchen opens up to the private family room, where multiple French Doors lead to the backyard patio with private spa and built-in BBQ. Breakfast in bed from your master suite just took on a new level as you count the dolphins at play in the waves out your window. Situated in a quiet pride of ownership block on the boardwalk between the Balboa and Newport piers and originally built in 1931 but customized throughout the years, one can move right in or take this prime location and re-build or add on to the existing home. This sale comes with approved plans to build a 4,000 square foot luxury home that will offer sweeping ocean views from the rooftop deck and an elevator. Visualize yourself living steps from the sands of Newport Beach, casually strolling along the boardwalk, and entertaining your friends and family from your beachfront patio, you truly can’t beat this incredible Southern California home.
Last Agent to Sell the Property
Seven Gables Real Estate License #01255859 Listed on: 11/11/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $83,926
Year Built
- Built in 1931 | Remodeled
Lot Details
- 3,726 Sq Ft Lot
- Lot Dimensions are 36x103
- Beach Front
- Property fronts an alley
- Level Lot
- Back Yard
Parking
- 2 Car Garage
- Parking Available
- Rear-Facing Garage
- Single Garage Door
- Garage Door Opener
Property Views
- Ocean
- Coastline
- Catalina
- Panoramic
Home Design
- Turnkey
- Raised Foundation
- Spanish Tile Roof
Interior Spaces
- 2,467 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Recessed Lighting
- Fireplace With Gas Starter
- Family Room Off Kitchen
- Living Room with Fireplace
- Combination Dining and Living Room
- Laundry Room
Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Gas Cooktop
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Bamboo
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- 3 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Bathtub with Shower
- Separate Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- In Ground Spa
- Ocean Side of Highway 1
- Balcony
- Concrete Porch or Patio
Utilities
- Central Heating
- Natural Gas Connected
- Tankless Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 6 / 11
- Tax Tract Number 234
- Assessor Parcel Number 04725118
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 2, 2021
Sold by
Ann Fanticola Josephine
Bought by
Anthony Fanticola And Joann Fanticola Family and Fa Joann
Total Days on Market
8
Current Estimated Value
Purchase Details
Listed on
Nov 11, 2017
Closed on
Nov 21, 2017
Sold by
Oceanfront Llc
Bought by
Fanticola Anthony and Fanticola Joann
Seller's Agent
Kimberly Harvey
Seven Gables Real Estate
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$5,600,000
Sold Price
$5,600,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Purchase Details
Listed on
Jan 29, 2015
Closed on
Jul 29, 2015
Sold by
Trosky Benjamin and Trosky Cheryl A
Bought by
Oceanfront Llc
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Kimberly Harvey
Seven Gables Real Estate
List Price
$4,975,000
Sold Price
$4,900,000
Premium/Discount to List
-$75,000
-1.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Purchase Details
Closed on
Jul 14, 2000
Sold by
Cheshire D
Bought by
Trosky Benjamin and Trosky Cheryl A
Purchase Details
Closed on
May 3, 1994
Sold by
Davis Cheshire Sherrie Lynn
Bought by
Cheshire D Winston
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Anthony Fanticola And Joann Fanticola Family | -- | -- | |
| Fanticola Anthony | $5,600,000 | First American Title Co | |
| Oceanfront Llc | $4,900,000 | First American Title Company | |
| Trosky Benjamin | -- | Chicago Title Co | |
| Cheshire D Winston | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Trosky Benjamin | $2,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/09/2018 01/09/18 | Sold | $5,600,000 | 0.0% | $2,270 / Sq Ft |
| 11/02/2017 11/02/17 | For Sale | $5,600,000 | +14.3% | $2,270 / Sq Ft |
| 08/18/2015 08/18/15 | Sold | $4,900,000 | -1.5% | $1,857 / Sq Ft |
| 06/22/2015 06/22/15 | Pending | -- | -- | -- |
| 01/29/2015 01/29/15 | For Sale | $4,975,000 | -- | $1,885 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $83,926 | $7,878,592 | $6,050,556 | $1,828,036 |
| 2023 | $82,423 | $7,724,110 | $5,931,917 | $1,792,193 |
| 2022 | $80,944 | $7,572,657 | $5,815,605 | $1,757,052 |
| 2021 | $79,726 | $7,424,174 | $5,701,574 | $1,722,600 |
| 2020 | $67,683 | $6,276,078 | $5,643,112 | $632,966 |
| 2019 | $61,673 | $5,712,000 | $5,532,463 | $179,537 |
| 2018 | $55,319 | $5,097,960 | $4,923,397 | $174,563 |
| 2017 | $54,360 | $4,998,000 | $4,826,859 | $171,141 |
| 2016 | $53,176 | $4,900,000 | $4,732,214 | $167,786 |
| 2015 | $33,396 | $2,972,148 | $2,814,737 | $157,411 |
| 2014 | $32,627 | $2,913,928 | $2,759,600 | $154,328 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Harvey
Seller's Agent in 2018
Kimberly Harvey
Seven Gables Real Estate
(714) 731-3777
106 Total Sales
-
Tara Shapiro
Buyer's Agent in 2018
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
23 in this area
95 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17253751
APN: 047-251-18
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