NOT LISTED FOR SALE

1307 E Balboa Blvd Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $5,752,000 - $6,478,000

3 Beds
3 Baths
1,682 Sq Ft
$3,653/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $5,399,000 $3,210 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $39,272/month

37 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Wood Flooring
  • Newport Elementary School Rated A
  • Property has ocean access
  • Main Floor Bedroom

About This Home

As of September 2023

This Oceanfront cottage is on the market for first time in 45 years. Situated in one of the most coveted blocks, where bay front homes grace the opposite side of the street, this is a gem. Tucked away at the end of the boardwalk it feels quiet and private, this charming retreat, a 3-bed/3-bath bungalow, has captivating ocean views and refreshing breezes. With direct access to the boardwalk and sandy shores, this home embraces living at the beach. A rare chance to own a classic, vintage beach house or seize the opportunity to build your own oceanfront home in this highly sought-after location. The Balboa Peninsula epitomizes the very essence of coastal living at its finest. Indulge in all activities that the beach and bay have to offer, from exhilarating water sports to leisurely seaside strolls. With the main channel of Newport Harbor, the renowned Wedge, Balboa Village and Ferry, Lido Marina Village, and a plethora of world-class dining and shopping destinations in close proximity, you'll find yourself immersed in a vibrant coastal community that caters to every aspect of your lifestyle.

Last Agent to Sell the Property

Tracy Bowie

Pacific Sotheby's Int'l Realty License #01234314 Listed on: 07/12/2023

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Tara Shapiro

Coldwell Banker Realty License #01892201

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,351

Year Built

  • Built in 1924

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 30x80
  • Beach Front
  • Masonry wall
  • Brick Fence
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Ocean
  • Coastline
  • Catalina

Home Design

  • Cottage
  • Bungalow
  • Brick Exterior Construction
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Asbestos Shingle Roof
  • Shingle Siding
  • Plaster
  • Stucco

Interior Spaces

  • 1,682 Sq Ft Home
  • 2-Story Property
  • Track Lighting
  • Wood Frame Window
  • Window Screens
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Granite Countertops
  • Ceramic Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • 220 Volts In Laundry

Accessible Home Design

  • Low Pile Carpeting

Outdoor Features

  • Property has ocean access
  • Brick Porch or Patio

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 4 / 22
  • Tax Tract Number 105
  • Assessor Parcel Number 04816404
  • $508 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,351

Year Built

Built in 1924

Lot Details

0

Parking

2

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
  • Architectural Style: Bungalow, Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04816404
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1682.00 Square Feet
  • Interior Amenities: Ceramic Counters, Granite Counters, Track Lighting
  • Stories: 2
  • Entry Location: ground level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Low Pile Carpeting
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3209.87
  • Room Type: Main Floor Bedroom, Primary Bathroom, Walk-In Closet
  • Window Features: Screens, Wood Frames
  • Bathroom Features: Bathtub, Shower, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Catalina, Coastline, Ocean, Water
  • Fence: Yes
  • Fencing: Brick, Masonry
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Roof: Asbestos Shingle, Shingle
  • Spa: No
  • Construction Materials: Brick, Drywall Walls, Plaster, Shingle Siding, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Two Door, Garage Door Opener, Off Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size: 30x80
  • 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: Beach Access, Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Block: 22
  • Tax Census Tract: 628.00
  • Tax Lot: 4
  • Tax Tract Number: 105
  • TaxOtherAnnualAssessmentAmount: 508.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Aug 23, 2023
Sold by
Andrew Dossett Trust
Bought by
Jg-St Joseph Investments Llc
Seller's Agent
Tracy Bowie
Pacific Sotheby's Int'l Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$5,499,000
Sold Price
$5,399,000
Premium/Discount to List
-$100,000
-1.82%
Total Days on Market
37
Views
177
Current Estimated Value
$6,144,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$745,551
Avg. Annual Appreciation
7.76%

Purchase Details

Closed on
May 22, 2023
Sold by
Dossett Corinne B
Bought by
Andrew Dossett Trust

Purchase Details

Closed on
Mar 27, 2023
Sold by
Corinne And Andrew Dossett Trust
Bought by
Andrew Dossett Trust

Purchase Details

Closed on
Feb 6, 2023
Sold by
Reichardt John Robert
Bought by
Dossett Corinne B

Purchase Details

Closed on
Jun 10, 2019
Sold by
Reichardt Paul E
Bought by
Reichardt Paul E and Reichardt Kathleen A

Purchase Details

Closed on
Jun 7, 2019
Sold by
Reichardt John Robert
Bought by
Reichardt John Robert and Reichardt Linda Anne

Purchase Details

Closed on
Mar 18, 2019
Sold by
Corandoss3 Lp
Bought by
Corinne And Andrew Dossett Trust

Purchase Details

Closed on
Aug 3, 2000
Sold by
Dossett Andrew J and Dossett Corinne B
Bought by
Corandoss3 Lp

Purchase Details

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

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Range of Values:

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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
Jg-St Joseph Investments Llc $5,399,000 Fidelity National Title
Andrew Dossett Trust -- None Listed On Document
Andrew Dossett Trust -- None Listed On Document
Dossett Corinne B -- --
Reichardt John Robert -- --
Dossett Corinne B -- --
Reichardt Paul E -- --
Reichardt Paul E -- None Available
Reichardt John Robert -- None Available
Corinne And Andrew Dossett Trust -- None Available
Corandoss3 Lp -- --
Dossett Andrew J -- --
Dossett Corinne B -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $5,399,000 -1.8% $3,210 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $5,499,000 -- $3,269 / 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
2024 $57,351 $5,399,000 $5,326,699 $72,301
2023 $7,364 $652,601 $611,793 $40,808
2022 $7,237 $639,805 $599,797 $40,008
2021 $7,101 $627,260 $588,036 $39,224
2020 $7,032 $620,829 $582,007 $38,822
2019 $6,895 $608,656 $570,595 $38,061
2018 $6,761 $596,722 $559,407 $37,315
2017 $6,643 $585,022 $548,438 $36,584
2016 $6,498 $573,551 $537,684 $35,867
2015 $6,434 $564,936 $529,607 $35,329
2014 $6,284 $553,870 $519,233 $34,637
Source: Public Records

Agents Affiliated with this Home

  • Tracy Bowie

    Seller's Agent in 2023

    Tracy Bowie

    Pacific Sotheby's Int'l Realty

    (949) 922-1670

    1 in this area

    37 Total Sales

    Tracy Bowie
    Section Image
  • Tara Shapiro

    Buyer's Agent in 2023

    Tara Shapiro

    Coldwell Banker Realty

    (949) 478-7781

    40 in this area

    95 Total Sales

    Tara Shapiro
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23120836

California Regional Multiple Listing Service (CRMLS)

APN: 048-164-04

California Orange County Newport Beach 92661 Balboa Peninsula Point

1307 E Balboa Blvd, Newport Beach, CA

This home is located at 1307 E Balboa Blvd, Newport Beach, CA 92661 since 12 July 2023 and is currently estimated at $6,144,551, approximately $3,653 per square foot. This property was built in 1924. 1307 E Balboa Blvd is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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