$3,500,000
UNDER CONTRACT $490K PRICE DROP

Estimated payment $21,182/month

Total Views 19,066
3 Beds
3 Baths
1,945 Sq Ft
$1,799 Price per Sq Ft

Highlights

  • Beach Front
  • White Water Ocean Views
  • No Units Above
  • Newport Elementary School Rated A
  • Property has ocean access
  • Updated Kitchen

About This Home

I wanted to share a remarkable opportunity located in the prestigious Peninsula Point area of Newport Beach. This exceptional property offers direct access to the sand and boardwalk, providing stunning views of the Ocean, Sunsets, Balboa Pier, and Catalina Island. The location allows for a leisurely walk to the main street for dining, shopping, or to the world-famous Wedge, where you can witness impressive waves at times. Coastal living at its finest, this home truly exemplifies the coveted lifestyle of Newport Beach.
The property has recently been remodeled, with a beautifully updated master bathroom and two secondary bathrooms. Freshly painted throughout, it features newer carpet, lighting, and more. Enjoy panoramic views from the kitchen, living room, office/bedroom, and master bedroom. Additionally, the home has been upgraded with a newer air conditioning unit, furnace, water heater, plumbing, roof, and gutters.
The garage offers a tandem configuration, comfortably fitting 2 cars depending on size. For additional relaxation, there is an upstairs hangout room, perfect for family gatherings, with beautiful ocean breezes and the calming sound of waves.
This home combines luxury, convenience, and comfort in one of Newport Beach's most desirable neighborhoods.

Listing Agent

Nancy Barfield

Pacific Sotheby's Int'l Realty Brokerage Phone: 714-271-0789 License #01085438 Listed on: 08/01/2024

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,376

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • Beach Front
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Fenced
  • Fence is in good condition

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Rear-Facing Garage
  • Tandem Parking
  • Single Garage Door
  • Garage Door Opener
  • Driveway Level

Property Views

  • White Water Ocean
  • Coastline
  • Views of a pier
  • Neighborhood

Home Design

  • Cape Cod Architecture
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,945 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Casement Windows
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Storage
  • Center Hall

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Open Patio
  • Rain Gutters
  • Rear Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Sewer Paid

Additional Features

  • Doors swing in
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7001
  • Assessor Parcel Number 93050409
  • $375 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units
  • Balboa Shores Condominium Association, Phone Number (919) 606-5575
  • Balboa Shores HOA
  • Balboa Peninsula Point Subdivision
  • Maintained Community

Recreation

  • Water Sports
  • Bike Trail

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,376

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93050409
  • Year Built: 1986
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract

Interior Features

  • Fireplace: Yes
  • Living Area: 1945.00 Square Feet
  • Interior Amenities: 2 Staircases, Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Storage, Tandem
  • Stories: 2
  • Entry Location: Front
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, In Family Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1799.49
  • Room Type: Center Hall, Kitchen, Living Room, Main Floor Bedroom, Walk-In Closet
  • Window Features: Casement Windows
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Primary Bath, Exhaust Fan(s), Linen Closet/Storage, Remodeled, Separate Tub And Shower, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Coastline, Neighborhood, Ocean, Pier, Water, White Water
  • Fence: Yes
  • Fencing: Good Condition
  • Patio And Porch Features: Patio Open, Rear Porch, Tile
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Driveway, Concrete, Driveway Level, Garage Faces Rear, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Closet, Upper Level, Washer Hookup, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Association Name: Balboa Shores Condominium Association
  • Phone: 9196065575
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Gutters, Watersports, Sidewalks
  • Association Management: Balboa Shores

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: Near Public Transit, Walkstreet
  • Latitude Manual: 33.59877800

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Waterfront Features: Beach Access, Beach Front, Ocean Access

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 1
  • Tax Tract Number: 07001
  • TaxOtherAnnualAssessmentAmount: 375.00

Map

Range of Values:

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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 $23,376 $2,235,556 $1,949,800 $285,756
2024 $23,376 $2,191,722 $1,911,569 $280,153
2023 $22,827 $2,148,748 $1,874,088 $274,660
2022 $22,447 $2,106,616 $1,837,341 $269,275
2021 $22,016 $2,065,310 $1,801,314 $263,996
2020 $21,804 $2,044,133 $1,782,843 $261,290
2019 $21,351 $2,004,052 $1,747,885 $256,167
2018 $20,925 $1,964,757 $1,713,612 $251,145
2017 $20,554 $1,926,233 $1,680,012 $246,221
2016 $20,090 $1,888,464 $1,647,070 $241,394
2015 $19,900 $1,860,098 $1,622,329 $237,769
2014 $17,373 $1,627,971 $1,406,589 $221,382
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Price Changed $3,500,000 -4.5% $1,799 / Sq Ft
06/24/2025 06/24/25 Price Changed $3,665,000 -2.9% $1,884 / Sq Ft
05/06/2025 05/06/25 Price Changed $3,775,000 -0.7% $1,941 / Sq Ft
03/28/2025 03/28/25 Price Changed $3,800,000 -1.1% $1,954 / Sq Ft
01/09/2025 01/09/25 Price Changed $3,844,000 -1.4% $1,976 / Sq Ft
11/21/2024 11/21/24 Price Changed $3,900,000 -2.3% $2,005 / Sq Ft
08/01/2024 08/01/24 For Sale $3,990,000 -- $2,051 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Accommodation
Grant Deed $1,736,000 Equity Title Orange County-I
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Grant Deed -- None Available
Individual Deed $805,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $625,500 New Conventional
Closed $729,750 New Conventional
Closed $400,000 Credit Line Revolving
Closed $416,000 Future Advance Clause Open End Mortgage
Closed $729,500 New Conventional
Previous Owner $886,000 Purchase Money Mortgage
Previous Owner $999,990 Fannie Mae Freddie Mac
Previous Owner $583,000 Unknown
Previous Owner $603,750 Purchase Money Mortgage
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24155035

California Regional Multiple Listing Service (CRMLS)

APN: 930-504-09