Seller's Agent in 2025
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
52 in this area
122 Total Sales
1517 Miramar Dr Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
3
Beds
2
Baths
2,090
Sq Ft
2,450
Sq Ft Lot
Highlights
- Across the Road from Lake or Ocean
- Wood Flooring
- Park or Greenbelt View
- Newport Elementary School Rated A
- Main Floor Bedroom
- Living Room with Attached Deck
About This Home
As of July 2025Introducing 1517 Miramar Drive, a 3-bedroom, 2-bathroom home nestled on Balboa Peninsula Point. The upstairs main level includes two of the bedrooms, a large den with high beamed ceilings, and a spacious living room/dining room. On the entry level you will find a large bedroom with access out to the front patio, a bathroom, laundry room, and the attached 2 car garage. Rare to the area, in addition to the garage, the home features a double carport - making a total of four parking spaces. This makes for the perfect beach house getaway or an opportunity to make Peninsula Point your full time residence.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $37,221
Year Built
- Built in 1952
Parking
- 2 Car Direct Access Garage
- 2 Open Parking Spaces
- 2 Carport Spaces
- Parking Available
- Workshop in Garage
- Single Garage Door
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,090 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Sliding Doors
- Separate Family Room
- Living Room with Attached Deck
- Dining Room
- Wood Flooring
- Park or Greenbelt Views
- Laundry Room
Kitchen
- Electric Oven
- Tile Countertops
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Bathroom on Main Level
- Bathtub with Shower
Accessible Home Design
- More Than Two Accessible Exits
- Accessible Parking
Outdoor Features
- Balcony
- Patio
- Exterior Lighting
- Separate Outdoor Workshop
Location
- Across the Road from Lake or Ocean
- Property is near a park
Schools
- Newport Elementary School
- Newport Harbor High School
Additional Features
- 2,450 Sq Ft Lot
- Central Heating
Listing and Financial Details
- Legal Lot and Block 42 / I
- Tax Tract Number 518
- Assessor Parcel Number 04820103
- $959 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2024
Closed on
Jul 2, 2025
Sold by
Wood Family Trust and Wood Miles H
Bought by
1517 Miramar Drive Llc
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$4,195,000
Sold Price
$3,200,000
Premium/Discount to List
-$995,000
-23.72%
Views
64
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
158.59%
Original Mortgage
$3,823,697
Outstanding Balance
$3,621,376
Interest Rate
6.84%
Mortgage Type
Construction
Estimated Equity
$175,436
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,200,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,823,697 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Sold | $3,200,000 | -11.0% | $1,531 / Sq Ft |
| 06/19/2025 06/19/25 | Pending | -- | -- | -- |
| 04/17/2025 04/17/25 | Price Changed | $3,595,000 | -7.7% | $1,720 / Sq Ft |
| 03/20/2025 03/20/25 | Price Changed | $3,895,000 | -7.2% | $1,864 / Sq Ft |
| 10/03/2024 10/03/24 | For Sale | $4,195,000 | -- | $2,007 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $37,221 | $3,570,000 | $3,489,028 | $80,972 |
| 2024 | $37,221 | $3,500,000 | $3,420,615 | $79,385 |
| 2023 | $2,132 | $118,832 | $70,708 | $48,124 |
| 2022 | $2,192 | $116,502 | $69,321 | $47,181 |
| 2021 | $2,338 | $114,218 | $67,962 | $46,256 |
| 2020 | $2,324 | $113,047 | $67,265 | $45,782 |
| 2019 | $2,314 | $110,831 | $65,946 | $44,885 |
| 2018 | $2,383 | $108,658 | $64,653 | $44,005 |
| 2017 | $2,323 | $106,528 | $63,385 | $43,143 |
| 2016 | $2,344 | $104,440 | $62,142 | $42,298 |
| 2015 | $2,396 | $102,872 | $61,209 | $41,663 |
| 2014 | $2,359 | $100,857 | $60,010 | $40,847 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Bibb
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP24202646
APN: 048-201-03
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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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