NOT LISTED FOR SALE

126 E Oceanfront Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $3,786,000 - $7,152,000

3 Beds
4 Baths
2,416 Sq Ft
$2,423/Sq Ft Est. Value

Last Sold May 01, 2013

Last sale price $3,900,000 $1,614 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $34,593/month

18 Days on Market

Highlights

  • Beach Front
  • Marina
  • Fishing
  • Newport Elementary School Rated A
  • White Water Ocean Views
  • Open Floorplan

About This Home

As of May 2013

This beautiful custom Cape Cod home was completed in 2008 for the current owner utilizing only premium materials and accessories. No expense was spared in the design, construction and the upgrades in the home. The raised foundation provides privacy and expansive ocean and sunset views from every major room in the home. The first floor features distinct living areas with the living room, dining room and kitchen flowing seamlessly into each other. The floor to ceiling Weiland doors recess into the walls as the living room opens to the large exterior patio. This feature provides indoor/outdoor living for barbecuing and entertaining on the sand. The current downstairs den could also be used as a fourth bedroom with the adjacent downstairs bath. The finish details include limestone floors, walnut wide plank floors, custom cabinets throughout, solid walnut kitchen cabinets, Old Calcutta marble counters and two fireplaces with marble surrounds. There is a video security system, sound system and large storage spaces. The home has a two car garage with a BendPak lift system for a third car, stainless steel cabinets and a Mahogany garage door. This home is for the buyer who understands quality and value. You will not find a comparable property at this price.

Last Agent to Sell the Property

Natalie Fogarty

Berkshire Hathaway HomeService License #00494609 Listed on: 03/07/2013

Berkshire Hathaway HomeService

Last Buyer's Agent

Lauren Eaton

Blue Moon Brokerage & Investme License #01908622

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 2,531 Sq Ft Lot
  • Beach Front

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Garage Door Opener

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Cape Cod Architecture
  • Turnkey
  • Raised Foundation
  • Slate Roof
  • Wood Siding
  • Shingle Siding
  • Stone Siding
  • Steel Beams
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,416 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Self-Cleaning Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Stone Porch or Patio

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 25 / 11
  • Tax Tract Number 219
  • Assessor Parcel Number 04807413

Community Details

Overview

  • No Home Owners Association

Recreation

  • Marina
  • Fishing

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Closed Circuit Camera(s), Smoke Detector(s), Security System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04807413
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2416.00
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan, Recessed Lighting, Wired for Sound, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Gas, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 1614.24
  • Room Type: All Bedrooms Up, Den, Living Room, Master Bedroom, Walk-In Closet
  • Window Features: Custom Covering, Drapes, Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Catalina, City Lights, Coastline, Panoramic, Water, White Water
  • Patio And Porch Features: Deck, Patio, Stone
  • Pool Private: No
  • Roof: Slate
  • Spa: No
  • Construction Materials: Concrete, Shingle Siding, Steel, Stone, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener, Built-In Storage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Electric Oven, Freezer, Disposal, Gas Cooktop, Gas Water Heater, Range Hood, Ice Maker, Refrigerator, Self Cleaning Oven, Recirculated Exhaust Fan, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 2531.00
  • Lot Size Acres: 0.0580

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2531.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Front, Fishing in Community, Marina in Community, Ocean Front

Tax Info

  • Tax Block: 11
  • Tax Lot: 25
  • Tax Tract Number: 219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2025
Sold by
Elizabeth Lyn Vargas Trust and Vargas Elizabeth Lyn
Bought by
Vv Newport Beach Llc
Current Estimated Value
$5,825,662

Purchase Details

Closed on
Mar 16, 2021
Sold by
Vargas Elizabeth Lyn
Bought by
The Elizabeth Lyn Vargas Trust

Purchase Details

Closed on
May 30, 2019
Sold by
Vargas Elizabeth Lyn
Bought by
Vargas Elizabeth Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,556,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2018
Sold by
Bodal Bernt O and Vargas Elizabeth
Bought by
Vargas Elizabeth Lyn

Purchase Details

Listed on
Mar 7, 2013
Closed on
Mar 25, 2013
Sold by
Liskin Max
Bought by
Bodal Bernt O and Vargas Elizabeth
Seller's Agent
Natalie Fogarty
Berkshire Hathaway HomeService
Buyer's Agent
Lauren Eaton
Blue Moon Brokerage & Investme
List Price
$3,998,000
Sold Price
$3,900,000
Premium/Discount to List
-$98,000
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$2,925,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2003
Sold by
Liskin Max
Bought by
Liskin Max and Max Liskin Trust

Purchase Details

Closed on
Apr 26, 2003
Sold by
Lancer Marlene
Bought by
Liskin Max

Purchase Details

Closed on
Aug 31, 2001
Sold by
Demond Frank L
Bought by
Walton Christopher and Walton Geni

Purchase Details

Closed on
Sep 14, 1995
Sold by
Lancer Marlene E
Bought by
Lancer Marlene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Vv Newport Beach Llc -- Accommodation/Courtesy Recordi
The Elizabeth Lyn Vargas Trust -- None Available
Vargas Elizabeth Lyn -- Lawyers Title
Vargas Elizabeth Lyn -- None Available
Bodal Bernt O $3,900,000 California Title Company
Liskin Max -- First American Title Co
Liskin Max -- First American Title Co
Walton Christopher $345,000 Orange Coast Title
Lancer Marlene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vargas Elizabeth Lyn $2,556,000
Previous Owner Bodal Bernt O $2,925,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2013 05/01/13 Sold $3,900,000 -2.5% $1,614 / Sq Ft
03/07/2013 03/07/13 For Sale $3,998,000 -- $1,655 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $49,936 $4,802,568 $4,051,916 $750,652
2024 $49,936 $4,708,400 $3,972,466 $735,934
2023 $48,770 $4,616,079 $3,894,575 $721,504
2022 $47,967 $4,525,568 $3,818,211 $707,357
2021 $47,045 $4,436,832 $3,743,344 $693,488
2020 $46,594 $4,391,338 $3,704,960 $686,378
2019 $45,622 $4,305,234 $3,632,314 $672,920
2018 $44,710 $4,220,818 $3,561,092 $659,726
2017 $43,918 $4,138,057 $3,491,266 $646,791
2016 $42,927 $4,056,919 $3,422,810 $634,109
2015 $42,526 $3,995,981 $3,371,396 $624,585
2014 $41,523 $3,917,706 $3,305,355 $612,351
Source: Public Records

Agents Affiliated with this Home

  • Natalie Fogarty

    Seller's Agent in 2013

    Natalie Fogarty

    Berkshire Hathaway HomeService

    (949) 230-9433

    5 Total Sales

    Natalie Fogarty
    Section Image

  • L

    Buyer's Agent in 2013

    Lauren Eaton

    Blue Moon Brokerage & Investme

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13039686

California Regional Multiple Listing Service (CRMLS)

APN: 048-074-13

California Orange County Newport Beach 92661 Central Newport Beach

126 E Oceanfront, Newport Beach, CA

Not Listed for Sale

Detached

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