4
Beds
5
Baths
2,488
Sq Ft
2,625
Sq Ft Lot
Highlights
- Ocean View
- Roof Top Spa
- Open Floorplan
- Newport Elementary School Rated A
- Across the Road from Lake or Ocean
- Dumbwaiter
About This Home
As of February 2025Nestled in the prestigious Balboa Peninsula Point, this newly constructed coastal masterpiece offers luxury and thoughtful design across three spectacular levels, enhanced with premium finishes and modern conveniences. The first level features an elevator to all three floors, a two-car garage, a laundry room, and a serene patio equipped with a fire pit, ping pong table, and outdoor shower. Additionally you can find a charming built-in bunk room with an en suite bath and two guest bedrooms, each with full bathrooms and private backyard access. The second floor is an entertainer's dream, showcasing a Calcutta marble and white oak island, SubZero appliances, a built-in Miele coffee machine, and a stunning limestone walk-in pantry. The living room, complete with a fireplace, flows seamlessly through pocket doors to a spacious deck, offering built-in heaters, a BBQ, and views of the ocean. The luxurious primary suite boasts a private deck and a spa-inspired bathroom with a steam shower, his-and-hers vanities, a standalone tub, and a water closet. Crowned by an extraordinary rooftop retreat, the third floor features a full bathroom, a jacuzzi, and a living area with heaters and a cozy fireplace. A firepit, dining area, and unparalleled panoramic views of the ocean, Catalina Island, and the sparkling city lights at night create a rooftop experience like no other. Every detail is elevated with exquisite materials, including Rocky Mountain Hardware, Concept Studios tile, Urban Electric lighting, Waterworks fixtures, and a Control4 sound system, ensuring an unmatched blend of luxury, sophistication, and coastal living.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty Brokerage Phone: 714-396-0185 License #01210754 Listed on: 01/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $43,394
Year Built
- Built in 2024 | Remodeled
Lot Details
- 2,625 Sq Ft Lot
Parking
- 2 Car Direct Access Garage
- Parking Storage or Cabinetry
- Parking Available
- Front Facing Garage
Property Views
- Ocean
- Bay
- Catalina
- City Lights
- Neighborhood
Interior Spaces
- 2,488 Sq Ft Home
- 3-Story Property
- Elevator
- Open Floorplan
- Family Room Off Kitchen
- Living Room with Fireplace
- Living Room with Attached Deck
- Dining Room
- Bonus Room with Fireplace
- Wood Flooring
- Laundry Room
Kitchen
- Dumbwaiter
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Walk-In Closet
Outdoor Features
- Roof Top Spa
- Balcony
- Covered patio or porch
- Fireplace in Patio
- Outdoor Fireplace
- Fire Pit
- Outdoor Grill
Location
- Across the Road from Lake or Ocean
- Property is near a park
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Central Air
- No Utilities
Listing and Financial Details
- Legal Lot and Block 4 / A
- Tax Tract Number 518
- Assessor Parcel Number 04817004
- $380 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Point Subdivision
Recreation
- Dog Park
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 17, 2025
Closed on
Feb 4, 2025
Sold by
Canada Matthew R and Revoc Sara
Bought by
Brewster Living Trust and Brewster
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Laurie Eastman
Compass
List Price
$7,495,000
Sold Price
$7,495,000
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$199,400
Avg. Annual Appreciation
-4.17%
Purchase Details
Closed on
Sep 21, 2016
Sold by
Kim Hyo Young
Bought by
Kim Hyo Young and Survivors Trust Of The Nak & Hyo Kim 201
Purchase Details
Closed on
Mar 2, 2012
Sold by
Kim Nak K and Kim Hyo Y
Bought by
Kim Nak Kyu and Kim Hyo Young
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $7,495,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,500,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/18/2025 02/18/25 | Sold | $7,495,000 | 0.0% | $3,012 / Sq Ft |
| 01/17/2025 01/17/25 | For Sale | $7,495,000 | +114.4% | $3,012 / Sq Ft |
| 04/28/2022 04/28/22 | Sold | $3,495,000 | 0.0% | $1,710 / Sq Ft |
| 04/04/2022 04/04/22 | Pending | -- | -- | -- |
| 03/31/2022 03/31/22 | For Sale | $3,495,000 | 0.0% | $1,710 / Sq Ft |
| 04/11/2018 04/11/18 | Rented | $4,750 | -5.0% | -- |
| 03/07/2018 03/07/18 | For Rent | $5,000 | +9.9% | -- |
| 01/26/2017 01/26/17 | Rented | $4,550 | +1.1% | -- |
| 12/16/2016 12/16/16 | For Rent | $4,500 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $43,394 | $4,410,112 | $3,395,865 | $1,014,247 |
| 2024 | $43,394 | $4,086,722 | $3,329,280 | $757,442 |
| 2023 | $37,751 | $3,564,900 | $3,264,000 | $300,900 |
| 2022 | $8,068 | $739,065 | $620,144 | $118,921 |
| 2021 | $7,914 | $724,574 | $607,984 | $116,590 |
| 2020 | $7,837 | $717,145 | $601,750 | $115,395 |
| 2019 | $7,678 | $703,084 | $589,951 | $113,133 |
| 2018 | $7,526 | $689,299 | $578,384 | $110,915 |
| 2017 | $7,392 | $675,784 | $567,043 | $108,741 |
| 2016 | $7,227 | $662,534 | $555,925 | $106,609 |
| 2015 | $7,157 | $652,583 | $547,575 | $105,008 |
| 2014 | $6,987 | $639,800 | $536,848 | $102,952 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
54 in this area
128 Total Sales
-
Buyer's Agent in 2025
Laurie Eastman
Compass
(949) 717-7100
3 in this area
77 Total Sales
-
P
Buyer Co-Listing Agent in 2025
Priscila Knox
Compass
(949) 438-4340
1 in this area
3 Total Sales
-
Seller's Agent in 2018
Katrina Smith
Pinpoint Properties
(949) 291-7631
228 Total Sales
-
C
Buyer's Agent in 2018
Chang Lee
Balboa Real Estate, Inc
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25008880
APN: 048-170-04
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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