
1202 S Bay Front Newport Beach, CA 92662
Balboa Island NeighborhoodHighlights
- Beach Front
- Private Dock Site
- Boat Slip
- Abraham Lincoln Elementary School Rated A
- Marina View
- Wood Flooring
About This Home
As of October 2024This prime south-facing Bay Front home on Newport Harbor's charming Balboa Island comes with stunning, expansive water views and direct access to the beach and a private, shared dock. The location truly doesn't get any better, situated less than two blocks from the quaint shops and restaurants on Marine Avenue and facing the widest, most picturesque part of the harbor. Swimming, sailing, and strolling the boardwalk are all just steps away. The existing home has been lovingly cared for by the same family for almost fifty years and is very livable, though some may choose to remodel or build new. After entering through the Dutch door, you are greeted by a spacious living room with dining area, fireplace and panoramic water views. A picture window connects through to the kitchen, ensuring bay views from nearly every room on the first floor. Rounding out the ground floor is a den and private rear patio and a two car garage with tons of storage space. An additional, private downstairs bedroom and bath with separate entrance off the back patio are perfect for either an office or multi-generational living. Upstairs there are three bedrooms (including a master suite), two of which have sweeping bay views, and two baths.
Last Agent to Sell the Property
JohnHart Real Estate License #01946620 Listed on: 03/25/2021

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $76,787
Year Built
- Built in 1948
Lot Details
- 2,550 Sq Ft Lot
- Beach Front
- Property Fronts a Bay or Harbor
- South Facing Home
- Rectangular Lot
Parking
- 2 Car Direct Access Garage
- Parking Available
- Single Garage Door
Property Views
- Marina
- Bay
- Harbor
Interior Spaces
- 2,160 Sq Ft Home
- Built-In Features
- Crown Molding
- Decorative Fireplace
- Gas Fireplace
- Living Room with Fireplace
- Dining Room
- Bonus Room
- Storage
Kitchen
- Eat-In Kitchen
- Range
- Tile Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Garage
- Dryer
- Washer
Outdoor Features
- Boat Slip
- Private Dock Site
- Open Patio
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
- Not Applicable 105 Subdivision
Listing and Financial Details
- Assessor Parcel Number 05017112
Ownership History
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
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
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
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 |
---|---|---|---|
Grant Deed | -- | None Listed On Document | |
Grant Deed | -- | Old Republic Title | |
Grant Deed | $6,965,000 | First American Title | |
Interfamily Deed Transfer | -- | Lawyers Title | |
Grant Deed | $6,600,000 | Lawyers Title Company | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $5,000,000 | New Conventional | |
Closed | $5,000,000 | New Conventional | |
Previous Owner | $270,000 | New Conventional | |
Previous Owner | $4,950,000 | Commercial |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/22/2024 10/22/24 | Sold | $6,965,000 | -2.5% | $3,225 / Sq Ft |
10/18/2024 10/18/24 | Pending | -- | -- | -- |
10/11/2024 10/11/24 | Price Changed | $7,142,123 | -4.8% | $3,307 / Sq Ft |
10/04/2024 10/04/24 | Price Changed | $7,500,000 | -5.1% | $3,472 / Sq Ft |
09/03/2024 09/03/24 | Price Changed | $7,900,000 | -11.7% | $3,657 / Sq Ft |
07/20/2024 07/20/24 | For Sale | $8,950,000 | +28.5% | $4,144 / Sq Ft |
07/18/2024 07/18/24 | Off Market | $6,965,000 | -- | -- |
12/06/2023 12/06/23 | Price Changed | $8,950,000 | -10.1% | $4,144 / Sq Ft |
08/25/2023 08/25/23 | Price Changed | $9,950,000 | -16.4% | $4,606 / Sq Ft |
07/27/2023 07/27/23 | For Sale | $11,900,000 | +80.3% | $5,509 / Sq Ft |
06/04/2021 06/04/21 | Sold | $6,600,000 | +10.1% | $3,056 / Sq Ft |
03/25/2021 03/25/21 | For Sale | $5,995,000 | -- | $2,775 / 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 | $76,787 | $7,003,972 | $6,849,680 | $154,292 |
2023 | $74,921 | $6,866,640 | $6,715,373 | $151,267 |
2022 | $71,173 | $6,732,000 | $6,583,699 | $148,301 |
2021 | $5,250 | $464,353 | $394,578 | $69,775 |
2020 | $5,199 | $459,592 | $390,532 | $69,060 |
2019 | $5,097 | $450,581 | $382,875 | $67,706 |
2018 | $4,998 | $441,747 | $375,368 | $66,379 |
2017 | $4,911 | $433,086 | $368,008 | $65,078 |
2016 | $4,804 | $424,595 | $360,793 | $63,802 |
2015 | $4,757 | $418,218 | $355,374 | $62,844 |
2014 | -- | $410,026 | $348,413 | $61,613 |
Agents Affiliated with this Home
-
A
Seller's Agent in 2024
Andrea O Hill
Compass
-
G
Seller Co-Listing Agent in 2024
George Hanold
Times Real Estate CA
-
R
Buyer Co-Listing Agent in 2024
Regan Beegle
Times Real Estate CA
-
D
Seller's Agent in 2021
David Wilson
JohnHart Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: 320005315

APN: 050-171-12
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