1303 E Balboa Blvd Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated payment $43,204/month
Highlights
- Beach Front
- Ocean View
- Wood Flooring
- Newport Elementary School Rated A
- Property has ocean access
- Main Floor Bedroom
About This Home
Located past the last turnout on the boardwalk at Peninsula Point, this highly desired location is close enough to walk to many of the area's most desirable amenities yet also private and serene. The oversized lot affords this spacious and meticulously kept home featuring an "upside down" floor plan with living areas on both levels. Perfect for entertaining at the beach, it includes a family room opening to a large terrace on the beach level. Upstairs, there are vaulted ceilings and a fireplace in the very large, open-concept great room overlooking the coastline and ocean. The Catalina and sunset views are not to be missed. The home also includes a spacious master suite upstairs, two additional bedrooms with a bath downstairs, a guest bath, laundry room, and an amazing oversized garage with parking for three cars and over-height ceilings ideal for beach storage. The elevation change on the lot - which is a rarity among oceanfront properties in Newport - affords extra buildability which has been captured in this structure. This home is very well-kept and is ideal for those looking to personalize a home without having to build new. The location is excellent and is close to world-famous Wedge, the Balboa Pier, Balboa Island, and several neighborhood parks. The beach here is very deep and rarely attracts the crowds found elsewhere on the peninsula. This is an extraordinary opportunity for such a location, and priced attractively for the value-conscious buyer.
Listing Agent
Plus Real Estate Brokerage Phone: 949-933-7046 License #01082750 Listed on: 09/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,471
Year Built
- Built in 1972
Lot Details
- 2,400 Sq Ft Lot
- Beach Front
- Density is up to 1 Unit/Acre
Parking
- 3 Car Attached Garage
- Parking Available
Property Views
- Ocean
- Catalina
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,562 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Laundry Room
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Walk-In Pantry
- Double Oven
- Tile Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Walk-in Shower
- Closet In Bathroom
Outdoor Features
- Property has ocean access
- Living Room Balcony
- Patio
- Exterior Lighting
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 2 / 22
- Tax Tract Number 105
- Assessor Parcel Number 04816402
- $380 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Subdivision
Recreation
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,471 | $1,073,819 | $945,756 | $128,063 |
| 2024 | $11,471 | $1,052,764 | $927,212 | $125,552 |
| 2023 | $11,200 | $1,032,122 | $909,031 | $123,091 |
| 2022 | $11,011 | $1,011,885 | $891,207 | $120,678 |
| 2021 | $10,802 | $992,045 | $873,733 | $118,312 |
| 2020 | $10,698 | $981,873 | $864,774 | $117,099 |
| 2019 | $10,480 | $962,621 | $847,818 | $114,803 |
| 2018 | $10,273 | $943,747 | $831,195 | $112,552 |
| 2017 | $10,092 | $925,243 | $814,897 | $110,346 |
| 2016 | $9,868 | $907,101 | $798,918 | $108,183 |
| 2015 | $9,774 | $893,476 | $786,918 | $106,558 |
| 2014 | $9,544 | $875,975 | $771,504 | $104,471 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/24/2024 09/24/24 | For Sale | $8,000,000 | -- | $3,123 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Interfamily Deed Transfer | -- | Stewart Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $337,000 | New Conventional | |
| Closed | $213,750 | New Conventional | |
| Closed | $500,000 | New Conventional | |
| Closed | $241,500 | Unknown | |
| Closed | $243,200 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP24195328
APN: 048-164-02
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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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