NOT LISTED FOR SALE

Estimated Value: $7,744,000 - $7,900,000

3 Beds
3.5 Baths
2,634 Sq Ft
$2,958/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $8,000,000 $3,037 Per Sq Ft

Highlights

  • Ocean Front
  • Primary Bedroom Suite
  • Deck
  • Newport Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of April 2025

Perfectly positioned within the sought-after Alphabet Streets of Balboa Peninsula, this captivating oceanfront property embodies the essence of luxurious coastal living. With its prime location near the end of the boardwalk, it offers a serene and picturesque retreat with sweeping panoramic ocean views. Originally built in 1930, this stunning Spanish-style home has been thoughtfully and recently upgraded while retaining its original charm. Upgrades include a new roof, new windows, a new heat pump and AC, fresh exterior and interior paint, and owned solar panels. As you enter through a private patio, you're greeted by a cozy living room with tall ceilings adorned with exposed wooden beams, a fireplace, and breathtaking views of the dunes and ocean. The primary suite serves as a personal retreat, featuring a secluded sitting room, a newly remodeled en-suite bathroom, and a private balcony all with ocean views. Notable features include stainless steel appliances in the kitchen, hand-painted tiles, a two-car garage, and charming Spanish aesthetics throughout. Experience the epitome of coastal living with close proximity to world-class dining, shopping, the renowned Wedge surf spot, and John Wayne Airport. 1305 E Balboa is not just a residence; it's a lifestyle.

Last Agent to Rent the Property

Joshua Altman

Douglas Elliman of California License #01764587 Listed on: 04/02/2025

Douglas Elliman of California

Co-Listed By

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754

Last Renter's Agent

Keegan Budden

Douglas Elliman of California Inc. License #02017865

Douglas Elliman of California Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,219

Year Built

  • Built in 1930

Lot Details

  • 2,400 Sq Ft Lot
  • Ocean Front
  • Brick Fence
  • Landscaped
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Catalina

Home Design

  • Spanish Architecture
  • Spanish Tile Roof

Interior Spaces

  • 2,634 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Beamed Ceilings
  • High Ceiling
  • Shutters
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Electric Cooktop
  • Freezer
  • Dishwasher
  • Tile Countertops
  • Pots and Pans Drawers

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Front Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Security Deposit $22,000
  • 12-Month Minimum Lease Term
  • Available 4/2/25
  • Legal Lot and Block 3 / 22
  • Tax Tract Number 105
  • Assessor Parcel Number 04816403
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,219

Year Built

Built in 1930

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2025-04-02
  • Credit Check Paid By: Tenant
  • Deposit Security: 22000
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 04816403
  • Year Built: 1930
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2634.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, High Ceilings, Pantry, Tile Counters
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Two
  • Price Per Square Foot: 8.35
  • Room Type: All Bedrooms Up, Dressing Area, Entry, Family Room, Kitchen, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Window Features: Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Primary Bath, Tile Counters, Walk-In Shower
  • Room Kitchen Features: Pots & Pan Drawers, Tile Counters

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean, Water
  • Fence: Yes
  • Fencing: Brick
  • Patio And Porch Features: Deck, Front Porch
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Freezer, Gas Oven, Refrigerator
  • Heating Type: Heat Pump
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Landscaped
  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0551

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months, Month To Month, Negotiable
  • Lot Size Area: 2400.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Front

Tax Info

  • Tax Block: 22
  • Tax Census Tract: 628.00
  • Tax Lot: 3
  • Tax Tract Number: 105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
May 29, 2024
Sold by
Corinne B Dossett Living Trust and Reichardt Paul E
Bought by
Glaser Todd and Glaser Kim
Seller's Agent
Katie Russell
Compass
Buyer's Agent
Matthew J. Altman
Douglas Elliman of California, Inc.
List Price
$8,200,000
Sold Price
$8,000,000
Premium/Discount to List
-$200,000
-2.44%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.34%
Original Mortgage
$5,200,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2023
Sold by
Corinne And Andrew Dossett Trust
Bought by
Corinne B Dossett Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2015
Sold by
Dossett Andrew J and Dossett Corinne B
Bought by
Corinne & Andrew Dossett Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 16, 2000
Sold by
Dossett Corinne B
Bought by
Dossett Andrew J and Dossett Corinne B

Purchase Details

Closed on
May 14, 1997
Sold by
Andrew Dossett and Andrew Corinne B
Bought by
Dossett Corinne B and Dossett Andrew J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Glaser Todd $8,000,000 Chicago Title
Corinne B Dossett Living Trust -- --
Corinne & Andrew Dossett Trust -- None Available
Dossett Andrew J -- None Available
Dossett Corinne B -- None Available
Dossett Andrew J -- None Available
Dossett Andrew J -- --
Dossett Andrew J -- --
Dossett Andrew J -- --
Dossett Andrew J -- --
Dossett Corinne B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glaser Todd $5,200,000
Previous Owner Corinne B Dossett Living Trust $200,000
Previous Owner Corinne B Dossett Living Trust $850,000
Previous Owner Dossett Andrew J $360,000
Previous Owner Dossett Andrew J $250,000
Previous Owner Dossett Andrew J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $7,500,000 -6.0% $2,847 / Sq Ft
07/05/2025 07/05/25 For Sale $7,980,000 0.0% $3,030 / Sq Ft
07/04/2025 07/04/25 Off Market $7,980,000 -- --
06/09/2025 06/09/25 For Sale $7,980,000 0.0% $3,030 / Sq Ft
04/12/2025 04/12/25 Rented $22,000 0.0% --
04/02/2025 04/02/25 For Rent $22,000 0.0% --
07/18/2024 07/18/24 Sold $8,000,000 -2.4% $3,037 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $8,200,000 -- $3,113 / 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 $2,219 $8,000,000 $7,798,695 $201,305
2024 $2,219 $173,526 $110,489 $63,037
2023 $2,163 $170,124 $108,323 $61,801
2022 $2,049 $166,789 $106,199 $60,590
2021 $2,011 $163,519 $104,117 $59,402
2020 $1,990 $161,843 $103,050 $58,793
2019 $1,955 $158,670 $101,029 $57,641
2018 $1,917 $155,559 $99,048 $56,511
2017 $1,883 $152,509 $97,106 $55,403
2016 $1,843 $149,519 $95,202 $54,317
2015 $1,822 $147,274 $93,772 $53,502
2014 $1,779 $144,390 $91,936 $52,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25071739

California Regional Multiple Listing Service (CRMLS)

APN: 048-164-03