$5,200,000
SOLD APR 1, 2025
3 Beds
2 Baths
1,316 Sq Ft
2,400 Sq Ft Lot

Recently Sold

$3,951 Per Sq Ft

12% Below List Price

28 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Main Floor Bedroom
  • Newport Elementary School Rated A
  • Ocean Side of Highway 1
  • No HOA

About This Home

As of April 2025

Ideally located in the prestigious Peninsula Point neighborhood, just moments from the Wedge, this charming oceanfront cottage offers a rare chance to embrace the Newport Beach lifestyle. With breathtaking views of the ocean and Catalina Island, the home enjoys a peaceful, private setting at the end of the boardwalk—an unparalleled location. Originally built around 1915, this traditional cottage is now available for the first time in decades. Nestled in one of Newport’s most iconic beach areas, the property maintains a quiet, untouched feel, making it a true hidden gem. Whether you're swimming, enjoying a beach picnic, or taking a daily stroll along the shore, you'll immediately sense the tranquility and charm of this home. Perfect as it is, the cottage also offers potential for future expansion, renovation, or the creation of a completely new home. Lovingly cared for by the same family since the 1980s, this property provides endless possibilities for those seeking the best in beachside living.

Last Agent to Sell the Property

Phillip Caruso

Christie's International R.E. Southern California Brokerage Phone: 949-293-7334 License #01934516 Listed on: 02/17/2025

Christie's International R.E. Southern California

Co-Listed By

Mitchell Bassett

Carolwood Estates Brokerage Phone: 949-293-7334 License #02141643

Last Buyer's Agent

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,723

Year Built

  • Built in 1916

Lot Details

  • 2,400 Sq Ft Lot
  • Beach Front
  • Vinyl Fence
  • Fence is in good condition
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage

Property Views

  • Ocean
  • Coastline
  • Panoramic

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,316 Sq Ft Home
  • 1-Story Property
  • Entryway

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Ocean Side of Highway 1
  • Suburban Location

Community Details

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 22
  • Tax Tract Number 105
  • Assessor Parcel Number 04816405

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,723

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04816405
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1316.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3951.37
  • Room Type: Entry, Kitchen, Main Floor Bedroom

Exterior Features

  • View: Coastline, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Good Condition, Vinyl
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage Faces Rear
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Available
  • Laundry: Yes
  • Appliances: Gas Oven
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street
  • 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 Side Of Highway 1, Sea Front

Tax Info

  • Tax Block: 22
  • Tax Census Tract: 628.00
  • Tax Lot: 5
  • Tax Tract Number: 105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2025
Closed on
Mar 28, 2025
Sold by
Rosenfeld Edward M and Rosenfeld Lynn
Bought by
1309 E Balboa Llc
Seller's Agent
Phillip Caruso
Christie's International R.E. Southern California
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$5,899,000
Sold Price
$5,200,000
Premium/Discount to List
-$699,000
-11.85%
Views
32
Current Estimated Value
$5,225,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,006
Avg. Annual Appreciation
1.73%

Purchase Details

Closed on
Nov 15, 2010
Sold by
Rosenfeld Edward M and Rosenfeld Lynn R
Bought by
Rosenfeld Edward M and Rosenfeld Lynn R
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 Type Sale Price Title Company
Grant Deed $5,200,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $388,000 New Conventional
Previous Owner $384,705 New Conventional
Previous Owner $445,500 Unknown
Previous Owner $450,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold $5,200,000 -11.8% $3,951 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
02/17/2025 02/17/25 For Sale $5,899,000 -- $4,483 / 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 $17,723 $1,679,954 $1,628,401 $51,553
2024 $17,723 $1,647,014 $1,596,471 $50,543
2023 $17,307 $1,614,720 $1,565,168 $49,552
2022 $17,019 $1,583,059 $1,534,478 $48,581
2021 $16,693 $1,552,019 $1,504,390 $47,629
2020 $16,533 $1,536,105 $1,488,964 $47,141
2019 $16,193 $1,505,986 $1,459,769 $46,217
2018 $15,871 $1,476,457 $1,431,146 $45,311
2017 $15,591 $1,447,507 $1,403,084 $44,423
2016 $15,242 $1,419,125 $1,375,573 $43,552
2015 $15,098 $1,397,809 $1,354,911 $42,898
2014 $14,742 $1,370,428 $1,328,370 $42,058
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25024912

California Regional Multiple Listing Service (CRMLS)

APN: 048-164-05