Seller's Agent in 2025
Phillip Caruso
Arbor Real Estate
(949) 293-7334
1 in this area
62 Total Sales
1309 E Balboa Blvd Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
3
Beds
2
Baths
1,316
Sq Ft
2,400
Sq Ft Lot
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 2025Ideally 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
Arbor Real Estate Brokerage Phone: 949-293-7334 License #01934516 Listed on: 02/17/2025
Home Details
Home Type
- Single Family
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
- Entry on the 1st floor
- 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
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
Arbor Real Estate
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,441
Avg. Annual Appreciation
1.58%
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,200,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
| 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
-
Phillip Caruso
-
Mitch Bassett
Seller Co-Listing Agent in 2025
Mitch Bassett
Carolwood Estates
(310) 266-3286
1 in this area
15 Total Sales
-
Kim Bibb
Buyer's Agent in 2025
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
49 in this area
117 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25024912
APN: 048-164-05
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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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