NOT LISTED FOR SALE

Estimated Value: $6,188,000 - $7,827,000

4 Beds
4.5 Baths
2,929 Sq Ft
$2,351/Sq Ft Est. Value

Sale Details

Date Sold: November 4, 2024

Last sale price $6,200,058 $2,117 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $39,697 / mo

2 Days on Market

Highlights

  • Ocean View
  • Roof Top Spa
  • 3 Car Direct Access Garage
  • Newport Elementary School Rated A
  • Rooftop Deck
  • Primary Bedroom Suite

About This Home

As of November 2024

Welcome to 1505 E Ocean Boulevard, a custom built home on Balboa Peninsula Point, where coastal elegance meets modern comfort. Just one house from the beach, this stunning 4-bedroom, 5-bathroom residence features a main-level bedroom, an inviting atrium off the dining room, and a spacious front patio creating a seamless flow for entertaining. The spacious master suite boasts a sitting area, deck, and his-and-hers closets, providing both luxury and functionality. Enjoy rare, unobstructed ocean views from the expansive rooftop deck and California room, perfect for relaxing under the stars or taking in the year-round sun. The large kitchen offers plenty of storage space with top of the line Thermador appliances and an inviting breakfast bar. A generous second floor laundry room and dumbwaiter that goes up to all three levels adds convenience and ease to everyday living. With a three-car garage and an outdoor shower, this exquisite home perfectly blends beachside charm and contemporary amenities!

Last Agent to Sell the Property

Kim Bibb

Pacific Sotheby's Int'l Realty Brokerage Phone: 714-396-0185 License #01210754 Listed on: 09/30/2024

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Kim Bibb

Pacific Sotheby's Int'l Realty Brokerage Phone: 714-396-0185 License #01210754 Listed on: 09/30/2024

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016 | Remodeled

Lot Details

  • 2,450 Sq Ft Lot
  • East Facing Home

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Golf Cart Garage

Property Views

  • Ocean
  • Bay

Home Design

  • Custom Home
  • Entry on the 1st floor

Interior Spaces

  • 2,929 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bar
  • Dry Bar
  • Ceiling Fan
  • Sliding Doors
  • Atrium Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Den
  • Bonus Room
  • Atrium Room
  • Storage
  • Tile Flooring

Kitchen

  • Dumbwaiter
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Six Burner Stove
  • Built-In Range
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Pots and Pans Drawers
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Separate Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Garage

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Roof Top Spa
  • Balcony
  • Rooftop Deck
  • Open Patio
  • Outdoor Grill
  • Front Porch

Location

  • Property is near park

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 44 / B
  • Tax Tract Number 518
  • Assessor Parcel Number 04820202
  • $380 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Recreation

  • Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2016 | Remodeled

Lot Details

2,450 Sq Ft Lot

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04820202
  • Year Built: 2016
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2929.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Ceiling Fan(s), Dry Bar, Dumbwaiter, Pantry, Storage
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Atrium Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Family Room, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Primary Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2116.78
  • Room Type: Atrium, Bonus Room, Den, Entry, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Roof Top
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Primary Bath, Main Floor Full Bath, Privacy Toilet Door, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Other Structures: Second Garage Attached
  • View: Bay, Ocean
  • Patio And Porch Features: Deck, Patio Open, Front Porch, Roof Top
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Rear, Garage - Single Door, Golf Cart Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Warming Drawer, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: In Garage, Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Watersports, Sidewalks

Schools

  • 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: Park Nearby
  • Lot Size Sq Ft: 2450.00
  • Lot Size Acres: 0.0562

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2450.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: B
  • Tax Census Tract: 628.00
  • Tax Lot: 44
  • Tax Tract Number: 518
  • 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
Sep 30, 2024
Closed on
Oct 8, 2024
Sold by
Bought by
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$6,595,000
Sold Price
$6,200,058
Premium/Discount to List
-$394,942
-5.99%
Views
19
Current Estimated Value
$6,885,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$685,160
Avg. Annual Appreciation
6.28%
Original Mortgage
$4,340,040
Interest Rate
0.0538%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2019
Sold by
Bought by

Purchase Details

Closed on
Feb 19, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
0.0519%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2004
Sold by
Bought by

Purchase Details

Closed on
May 1, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,200
Interest Rate
0.0707%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
$6,200,500 Fidelity National Title
-- Equity Title Company
-- Equity Title Company
$1,275,000 --
$575,000 Guardian Title Company
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $4,340,040
Previous Owner $692,000
Previous Owner $750,000
Previous Owner $596,700
Previous Owner $625,500
Previous Owner $478,000
Previous Owner $477,000
Previous Owner $431,200
Previous Owner $25,000
Previous Owner --
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
11/04/2024 11/04/24 Sold $6,200,058 -6.0% $2,117 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
09/30/2024 09/30/24 For Sale $6,595,000 -- $2,252 / 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 $26,167 $6,200,058 $4,887,512 $1,312,546
2024 $26,167 $2,449,435 $1,424,752 $1,024,683
2023 $25,554 $2,401,407 $1,396,815 $1,004,592
2022 $25,131 $2,354,321 $1,369,426 $984,895
2021 $24,649 $2,308,158 $1,342,574 $965,584
2020 $24,412 $2,284,491 $1,328,807 $955,684
2019 $23,907 $2,239,698 $1,302,752 $936,946
2018 $23,430 $2,195,783 $1,277,208 $918,575
2017 $15,630 $1,451,236 $1,252,165 $199,071
2016 $14,048 $1,305,388 $1,227,613 $77,775
2015 $13,915 $1,285,780 $1,209,173 $76,607
2014 $13,588 $1,260,594 $1,185,487 $75,107
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24195141

California Regional Multiple Listing Service (CRMLS)

APN: 048-202-02

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