Seller's Agent in 2026
Don Abrams
Abrams Coastal Properties
(714) 325-9055
64 in this area
88 Total Sales
126 Ruby Ave Newport Beach, CA 92662
Balboa Island Neighborhood
3
Beds
4.5
Baths
2,429
Sq Ft
2,550
Sq Ft Lot
Highlights
- Fishing
- Bay View
- Open Floorplan
- Abraham Lincoln Elementary School Rated A
- Primary Bedroom Suite
- 4-minute walk to Balboa Island Park
About This Home
As of January 2026Stunning Balboa Island 3 bedroom, 5 bath traditional and bright corner home with modern appeal in the beautiful 100 block of Ruby Avenue. This timeless classic has an open floor plan on the first level, with a sunny great room leading to an expansive elevated front patio with BBQ and firepit. Also on the first level is an inspired chef’s kitchen with marble counters and spacious pantry, eating bar, a separate dining space, and an ELEVATOR to all 3 levels of the home. The second level is reached by an elegant curved staircase and presents 3 en-suite bedrooms plus an open lounge seating area with endless possibilities. The primary suite has its own wraparound balcony and a deluxe spa-quality bath. The third level provides a large interior space with bath, perfect for use as an office, den, game room, or sleeping area. French doors lead to a substantial outdoor roof deck, ideal for entertaining, with both covered and open areas surrounded by dazzling views. Other amenities of this fantastic home include a second-floor laundry room, wood flooring, central AC, and a finished two-car garage with additional space for a golf cart.
Last Agent to Sell the Property
Abrams Coastal Properties Brokerage Phone: 714-325-9055 License #01234323 Listed on: 02/18/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 2016
Lot Details
- 2,550 Sq Ft Lot
- Vinyl Fence
- Garden
- Property is zoned R1.5
Parking
- 2 Car Attached Garage
- Parking Available
- Rear-Facing Garage
- Parking Lot
Home Design
- Cape Cod Architecture
- Traditional Architecture
- Entry on the 1st floor
- Turnkey
- Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,429 Sq Ft Home
- 3-Story Property
- Elevator
- Open Floorplan
- Cathedral Ceiling
- French Doors
- Sliding Doors
- Great Room
- Living Room with Fireplace
- L-Shaped Dining Room
- Loft
- Game Room
- Home Gym
- Wood Flooring
- Bay Views
- Laundry Room
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Six Burner Stove
- Gas Cooktop
- Dishwasher
- Stone Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Retreat
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Balcony
- Deck
- Wrap Around Porch
- Open Patio
- Rooftop Access
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 17 / 2
- Tax Tract Number 100
- Assessor Parcel Number 05010201
- $36,000 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Balboa Island Main Island Subdivision
Recreation
- Fishing
- Water Sports
- Bike Trail
Matterport 3D Tour
Floorplans
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 18, 2025
Closed on
Dec 29, 2025
Sold by
Keating Richard and Khang Bonnie B
Bought by
Kenneth R And Kathleen K Turknette Trust and Turknette
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
List Price
$6,700,000
Sold Price
$5,500,000
Premium/Discount to List
-$1,200,000
-17.91%
Views
2892
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
192.13%
Original Mortgage
$2,500,000
Outstanding Balance
$2,500,000
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$3,492,518
Purchase Details
Listed on
Jul 16, 2021
Closed on
Jul 22, 2021
Sold by
Algeo Edward Laurence and Algeo Misha Shah
Bought by
Keating Richard and Khang Bonnie B
Seller's Agent
Heather Kidder
Arbor Real Estate
Buyer's Agent
Don Abrams
Abrams Coastal Properties
List Price
$4,395,000
Sold Price
$4,500,000
Premium/Discount to List
$105,000
2.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$4,500,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 8, 2015
Sold by
Algeo Edward Laurence and Algeo Misha Shah
Bought by
Algeo Edward Laurence and Algeo Misha Shah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.5%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 18, 2014
Sold by
Algeo John E and Algeo Ann Marie
Bought by
Algeo Edward Laurence and Algeo Misha Shah
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 | $5,500,000 | Lawyers Title Company | |
| Grant Deed | $4,500,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,500,000 | New Conventional | |
| Previous Owner | $4,500,000 | Purchase Money Mortgage | |
| Previous Owner | $900,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/02/2026 01/02/26 | Sold | $5,500,000 | -4.3% | $2,264 / Sq Ft | |
| 06/19/2025 06/19/25 | Pending | -- | -- | -- | |
| 05/27/2025 05/27/25 | Price Changed | $5,750,000 | -4.1% | $2,367 / Sq Ft | |
| 03/25/2025 03/25/25 | Price Changed | $5,995,000 | -10.5% | $2,468 / Sq Ft | |
| 02/18/2025 02/18/25 | For Sale | $6,700,000 | 0.0% | $2,758 / Sq Ft | |
| 01/10/2023 01/10/23 | Rented | $18,000 | -7.7% | -- | |
| 11/01/2022 11/01/22 | For Rent | $19,500 | 0.0% | -- | |
| 08/19/2021 08/19/21 | Sold | $4,500,000 | +2.4% | $1,853 / Sq Ft | View Prior Sale |
| 07/19/2021 07/19/21 | Pending | -- | -- | -- | |
| 07/16/2021 07/16/21 | For Sale | $4,395,000 | 0.0% | $1,809 / Sq Ft | |
| 06/24/2021 06/24/21 | Rented | $13,500 | 0.0% | -- | |
| 06/16/2021 06/16/21 | For Rent | $13,500 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $52,454 | $4,775,436 | $3,752,747 | $1,022,689 |
| 2024 | $52,454 | $4,681,800 | $3,679,163 | $1,002,637 |
| 2023 | $51,198 | $4,590,000 | $3,607,022 | $982,978 |
| 2022 | $47,837 | $4,500,000 | $3,536,296 | $963,704 |
| 2021 | $11,126 | $1,009,804 | $115,504 | $894,300 |
| 2020 | $11,019 | $999,450 | $114,319 | $885,131 |
| 2019 | $10,797 | $979,853 | $112,077 | $867,776 |
| 2018 | $10,585 | $960,641 | $109,880 | $850,761 |
| 2017 | $10,399 | $941,805 | $107,725 | $834,080 |
| 2016 | $3,826 | $318,961 | $105,613 | $213,348 |
| 2015 | $1,788 | $124,360 | $104,027 | $20,333 |
| 2014 | $1,748 | $121,924 | $101,989 | $19,935 |
Source: Public Records
Agents Affiliated with this Home
-
Don Abrams
-
Jon Flagg
Buyer's Agent in 2026
Jon Flagg
Pacific Sotheby's Int'l Realty
(949) 554-1200
3 in this area
143 Total Sales
-
Cheri Axelson
Seller's Agent in 2021
Cheri Axelson
Arbor Real Estate
(949) 278-1964
8 in this area
20 Total Sales
-
Heather Kidder
Seller's Agent in 2021
Heather Kidder
Arbor Real Estate
(949) 466-8699
16 in this area
127 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25018375
APN: 050-102-01
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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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