
1120 W Oceanfront Newport Beach, CA 92661
Central Newport Beach NeighborhoodHighlights
- Beach Front
- White Water Ocean Views
- Primary Bedroom Suite
- Newport Elementary School Rated A
- Heated Spa
- 4-minute walk to Newport Beach Playground
About This Home
As of January 2018PERHAPS THE BEST VALUE ON THE OCEANFRONT! Sited on one of the most favored stretches of sand in Newport Beach, this charming Balboa Peninsula oceanfront home illustrates a remarkable opportunity to acquire a wonderful property on a significantly oversize, 3900+ square foot parcel with sweeping vistas in every direction. Breathtaking coastline views abound from the welcoming oceanfront living and dining room areas with spacious adjoining beach front terrace. Open format gourmet kitchen leads to large family/media room with separate office nook. Adjacent French doors open to a rare private and tranquil interior courtyard entertaining space replete with BBQ, fireplace, and custom built-in spa/pool. Upstairs master suite with large oceanfront veranda from which to enjoy sunsets behind Catalina. Separate dressing room area opens to inviting spa-inspired bath with adjoining loggia-covered patio. Two additional upstairs guest accommodations. Whether looking for a full-time beach residence or a weekend retreat, this immaculate oceanfront home with its romantic Spanish-inspired architecture, and possibilities for expansion, represents a unique opportunity to enjoy waking up everyday to some of the most breathtaking views along the Southern California coast!
Last Agent to Sell the Property
Coldwell Banker Realty License #01892201 Listed on: 01/29/2015

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $83,926
Year Built
- Built in 2001
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 36x103
- Beach Front
- Back Yard
Parking
- 2 Car Garage
- Parking Available
- Single Garage Door
Property Views
- White Water Ocean
- Coastline
- Panoramic
Home Design
- Spanish Tile Roof
Interior Spaces
- 2,639 Sq Ft Home
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Laundry Room
Kitchen
- Open to Family Room
- Walk-In Pantry
- Kitchen Island
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Dressing Area
- 3 Full Bathrooms
Outdoor Features
- Heated Spa
- Brick Porch or Patio
- Outdoor Fireplace
- Terrace
- Exterior Lighting
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
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
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | -- | |
Grant Deed | $5,600,000 | First American Title Co | |
Grant Deed | $4,900,000 | First American Title Company | |
Grant Deed | -- | Chicago Title Co | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $2,000,000 | Future Advance Clause Open End Mortgage |
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 |
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 |
Agents Affiliated with this Home
-
Seller's Agent in 2018
Kimberly Harvey
Seven Gables Real Estate
(714) 731-3777
106 Total Sales
-
Buyer's Agent in 2018
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
23 in this area
96 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP15020906

APN: 047-251-18
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