$7,000,000

Estimated payment $38,068/month

Total Views 1,020
3 Beds
2.5 Baths
2,562 Sq Ft
$2,732 Price per Sq Ft

Highlights

  • Beach Front
  • Ocean View
  • Vaulted Ceiling
  • Newport Elementary School Rated A
  • Property has ocean access
  • Wood Flooring

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

Robert Giem

Plus Real Estate Brokerage Phone: 949-933-7046 License #01082750 Listed on: 04/27/2026

Home Details

Home Type

  • Single Family

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
  • Vaulted Ceiling
  • 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

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

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

2,400 Sq Ft Lot

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04816402
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2562.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony, Pantry
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen, Area
  • Entry Level: 1
  • Fireplace Features: Living Room, Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2732.24
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Family Room
  • Bathroom Features: Closet In Bathroom, Bathtub, Double Sinks In Primary Bath, Shower
  • Room Kitchen Features: Tile Counters, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Ocean, Catalina, Water
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Double Oven
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0551

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2400.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access, Beach Access, Beach Front

Tax Info

  • Tax Block: 22
  • Tax Census Tract: 628.00
  • Tax Lot: 2
  • Tax Tract Number: 105
  • TaxOtherAnnualAssessmentAmount: 380.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2026 04/27/26 For Sale $7,000,000 0.0% $2,732 / Sq Ft
12/15/2025 12/15/25 For Rent $15,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $337,000 New Conventional
Closed $213,750 New Conventional
Closed $500,000 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP26090806

California Regional Multiple Listing Service (CRMLS)

APN: 048-164-02

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