$848,000
PENDING

Estimated payment $5,309/month

Total Views 25,408
3 Beds
3.5 Baths
2,425 Sq Ft
$350 Price per Sq Ft

Highlights

  • Popular Property
  • White Water Ocean Views
  • Wood Flooring
  • Newport Elementary School Rated A
  • Deck
  • Modern Architecture

About This Home

New Co-Ownership Opportunity: Own one-eighth of this professionally managed, turnkey home. Newport Beach living is all about the beach, and this 3-bedroom, 4-bath home is just steps from the shores of the Pacific. This modern three-story home includes a 600-square-foot rooftop deck with water views, built-in fireplace and a covered loggia for year-round entertaining. Sun pours into the light, bright open concept interior, connected to outdoor living spaces by folding glass doors. A sleek, black tile fireplace anchors the living room, and the chef's kitchen includes custom cabinets, quartz countertops and island, lighted floating shelves and high-end stainless steel appliances. The second floor primary suite features a large balcony with folding glass doors and a luxurious en suite bath with a dual sink vanity, a tiled walk-in shower and a spacious walk-in closet. The two guest bedrooms have their own balconies and share a bathroom. The third floor offers a loft retreat that connects to the outdoor entertaining space. A full bathroom allows the loft space to be used as a fourth bedroom. The home is in the heart of Balboa, close not only to the beach but also to shops and restaurants. The home, which includes a 2-car garage and laundry area, comes fully furnished and professionally decorated.

Listing Agent

Jacob Karp

Pacaso Inc. License #02039254 Listed on: 10/22/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | Remodeled

Lot Details

  • 1,751 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 2 Car Garage

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Modern Architecture
  • Entry on the 1st floor
  • Slab Foundation

Interior Spaces

  • 2,425 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry in Garage

Kitchen

  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 047-094-33

Home Details

Home Type

Single Family

Year Built

Built in 2021 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: Modern
  • Levels: Three Or More
  • Street Number Display: Yes
  • Advertising Remarks: New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home by Pacaso.Newport Beach living is all about the beach, and this newly built 3-bedroom, 4-bath home is just steps from the shores of the Pacific. This modern three-story home includes a 600-square-foot rooftop deck with water views, built-in fireplace and a covered loggia for year-round entertaining.Sun pours into the light, bright open concept interior, connected to outdoor living spaces by folding glass doors. A sleek, black tile fireplace anchors the living room, and the chef's kitchen includes custom cabinets, quartz countertops and island, lighted floating shelves and high-end stainless steel appliances.The second floor master suite features a large balcony with folding glass doors and a luxurious en suite bath with a dual sink vanity, a tiled walk-in shower and a spacious walk-in closet.
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 2425
  • Lot Acreage: 0.0402
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 2021
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room, Patio
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Freezer, Microwave, Vented Exhaust Fan
  • Price Per S Q F T: 349.69

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Partial
  • Patio: Covered, Deck(s)
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 047-094-33
  • Lot Size Area: 1751

Rental Info

  • Furnished: Furnished

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

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 $47,011 $4,437,971 $3,783,552 $654,419
2024 $47,011 $4,350,952 $3,709,364 $641,588
2023 $45,934 $4,265,640 $3,636,632 $629,008
2022 $45,175 $4,182,000 $3,565,325 $616,675
2021 $16,810 $1,517,959 $1,051,379 $466,580
2020 $12,404 $1,098,767 $1,040,599 $58,168
2019 $11,471 $1,043,970 $1,020,196 $23,774
2018 $11,245 $1,023,500 $1,000,192 $23,308
2017 $11,048 $1,003,432 $980,581 $22,851
2016 $10,803 $983,757 $961,354 $22,403
2015 $10,700 $968,981 $946,914 $22,067
2014 $10,449 $950,000 $928,365 $21,635
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2025 12/15/25 Pending -- -- --
10/22/2025 10/22/25 For Sale $848,000 -79.3% $350 / Sq Ft
06/17/2021 06/17/21 Sold $4,100,000 +2.5% $1,691 / Sq Ft View Prior Sale
05/08/2021 05/08/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $3,998,800 0.0% $1,649 / Sq Ft
09/12/2015 09/12/15 Rented $1,700 0.0% --
09/01/2015 09/01/15 For Rent $1,700 0.0% --
09/03/2014 09/03/14 Rented $1,700 0.0% --
09/03/2014 09/03/14 For Rent $1,700 0.0% --
09/01/2013 09/01/13 Rented $1,700 +21.4% --
08/27/2013 08/27/13 Under Contract -- -- --
08/08/2013 08/08/13 For Rent $1,400 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $4,100,000 Lawyers Title Company
Grant Deed $950,000 California Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: The MLS

MLS Number: 25609517

The MLS

APN: 047-094-33