NOT LISTED FOR SALE

1320 E Oceanfront Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $6,683,000 - $8,953,958

5 Beds
4 Baths
4,076 Sq Ft
$1,955/Sq Ft Est. Value

Sale Details

Date Sold: August 21, 2024

Last sale price $6,750,000 $1,656 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $49,865 / mo

118 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Sauna
  • Newport Elementary School Rated A
  • In Ground Spa
  • Primary Bedroom Suite

About This Home

As of August 2024

Located directly on the oceanfront sand of Newport Beach’s desirable Balboa Peninsula, beyond where the boardwalk and bike path ends, and Peninsula Point begins, this Mid-Century Modern showplace remains virtually original since its completion in 1960. Panoramic Pacific Ocean and beach views are enjoyed from the custom home, which also offers views of the Balboa Pier and Lifeguard Tower G. With approximately 45' of beach frontage and a homesite of nearly 4,609 square feet, the property is ideal for those who wish to own an architecturally unique residence, restore it while incorporating modern tech and amenities, OR build an entirely new dream home. First impressions are grand at the five-bedroom, four-bath home, thanks to a stunning double-height atrium-style entry with an in-ground pool/spa, vaulted ceiling, large skylight, cork walls, and a floating staircase leading to loft areas above. The kitchen and family room are united in one ocean-view space complete with large windows, illuminated ceiling beams, granite countertops, a breakfast nook and abundant cabinetry. The versatile home is exceptionally open and bright, and it offers the unique opportunity to live on a prime location - Oceanfront. Ample stretches of sandy beaches, Balboa Island, the Balboa Fun Zone, golf, high-end shopping and dining, and award-winning schools are all close by. Trust Sale.

Last Agent to Sell the Property

Paige Charnick

Beach Equities Brokerage Phone: 213-434-4476 License #01755588 Listed on: 04/18/2024

Last Buyer's Agent

josiah silva

Realty Source, Inc License #01782022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 4,609 Sq Ft Lot
  • Beach Front
  • Property fronts an alley
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,076 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Window Screens
  • Double Door Entry
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room with Fireplace
  • Storage
  • Laundry Room
  • Sauna
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony

Utilities

  • Heating Available

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 04817020
  • $380 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

4,609 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04817020
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4076.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, High Ceilings, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: In Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Bonus Room
  • Levels: Two, Multi/Split
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1656.04
  • Room Type: Entry, Family Room, Great Room, Laundry, Main Floor Bedroom, Primary Suite, Office, Sauna, Walk-In Closet
  • Spa Features: In Ground
  • Window Features: Screens

Exterior Features

  • View: Catalina, Coastline, Ocean, Panoramic, Water
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s)
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Preserve/Public Land

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4609.00
  • Lot Size Acres: 0.1058

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4609.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Front, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 628.00
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Aug 20, 2024
Sold by
Bought by
Seller's Agent
Paige Charnick
Beach Equities
Buyer's Agent
josiah silva
Realty Source, Inc
List Price
$8,600,000
Sold Price
$6,750,000
Premium/Discount to List
-$1,850,000
-21.51%
Views
113
Current Estimated Value
$7,967,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,217,490
Avg. Annual Appreciation
9.48%

Purchase Details

Closed on
Jun 26, 2015
Sold by
Bought by

Purchase Details

Closed on
Jun 13, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 4, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,750,000 Ticor Title
-- None Listed On Document
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/21/2024 08/21/24 Sold $6,750,000 -15.4% $1,656 / Sq Ft
07/03/2024 07/03/24 Price Changed $7,980,000 -7.2% $1,958 / Sq Ft
04/18/2024 04/18/24 For Sale $8,600,000 -- $2,110 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $81,961 $6,750,000 $6,395,904 $354,096
2024 $81,961 $7,752,000 $7,411,241 $340,759
2023 $3,616 $315,648 $165,370 $150,278
2022 $3,550 $309,459 $162,127 $147,332
2021 $3,483 $303,392 $158,948 $144,444
2020 $3,448 $300,282 $157,319 $142,963
2019 $3,382 $294,395 $154,235 $140,160
2018 $3,315 $288,623 $151,211 $137,412
2017 $3,257 $282,964 $148,246 $134,718
2016 $3,185 $277,416 $145,339 $132,077
2015 $3,152 $273,249 $143,155 $130,094
2014 $3,077 $267,897 $140,351 $127,546
Source: Public Records

Agents Affiliated with this Home

  • Paige Charnick

    Seller's Agent in 2024

    Paige Charnick

    Beach Equities

    (562) 597-8413

    1 in this area

    89 Total Sales

    Paige Charnick
    Section Image

  • j

    Buyer's Agent in 2024

    josiah silva

    Realty Source, Inc

    (619) 258-1000

    1 in this area

    9 Total Sales

    josiah silva
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24076990

California Regional Multiple Listing Service (CRMLS)

APN: 048-170-20

California Orange County Newport Beach 92661 Balboa Peninsula Point

1320 E Oceanfront, Newport Beach, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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