1572 E Oceanfront Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
3
Beds
2.5
Baths
3,200
Sq Ft
3,200
Sq Ft Lot
Highlights
- Ocean View
- No HOA
- Eat-In Kitchen
- Newport Elementary School Rated A
- 2 Car Attached Garage
- Laundry Room
About This Home
As of December 2023This is the Newport Peninsula’s ultimate beach house: right on the sand in exclusive Peninsula Point with jaw-dropping Pier to Jetty views and no boardwalk, making it exceptionally private and quiet. This wonderfully functional beachfront home oozes charm with spacious, sunlit rooms finished in white beam ceilings, white bead board-clad walls, and floors finished in wood, terracotta or sisal throughout. Picture windows capture the breathtaking beach and ocean views as far as the eye can see. The master bedroom and a secondary bedroom also enjoy toes-in-the-sand beachfront terraces. The upper level encompasses large living and family rooms, which include areas for dining, entertaining, and lounging. Also on this level are a kitchen and breakfast room, as well as an expansive private, walled terrace with jacuzzi spa, BBQ and entertaining areas. The lower level comprises the home’s 3 bedrooms and 3 baths, as well as a large laundry room, and a finished garage with abundant storage. Parking for 3 cars. Seize the day – and this opportunity – to purchase your dream home at one of the finest beaches in the world!
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01210754 Listed on: 04/14/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $162,765
Year Built
- Built in 1951
Lot Details
- 3,200 Sq Ft Lot
- Property is zoned R1
Parking
- 2 Car Attached Garage
Home Design
- Composition Roof
Interior Spaces
- 3,200 Sq Ft Home
- Family Room
- Living Room with Fireplace
- Ocean Views
- Eat-In Kitchen
- Laundry Room
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 19
- Tax Tract Number 518
- Assessor Parcel Number 04820221
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 23, 2023
Sold by
1572 E Oceanfront Llc and Waterfront 777 Llc
Bought by
Moondoggies Beach Bungalow Llc
Total Days on Market
240
Current Estimated Value
Purchase Details
Closed on
Jul 6, 2021
Sold by
1572 E Oceanfront Llc
Bought by
Watefront 777 Llc
Purchase Details
Listed on
Jan 5, 2021
Closed on
Feb 26, 2021
Sold by
Morgan Thomas H
Bought by
1572 E Oceanfront Llc
Seller's Agent
Russ Fluter
Russell E. Fluter
Buyer's Agent
Russ Fluter
Russell E. Fluter
Sold Price
$10,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$6,400,000
Interest Rate
2.73%
Mortgage Type
Construction
Purchase Details
Listed on
Oct 11, 2020
Closed on
Dec 15, 2020
Sold by
Kpmw Integral Llc
Bought by
Morgan Thomas H
Seller's Agent
Michael Carpenter
Compass
Buyer's Agent
Russ Fluter
Russell E. Fluter
List Price
$7,095,000
Sold Price
$6,750,000
Premium/Discount to List
-$345,000
-4.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,078
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 10, 2015
Sold by
Bohemian Jazz Exchange
Bought by
Kpmw Integral Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,240,000
Interest Rate
3.61%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 14, 2014
Closed on
Jul 15, 2014
Sold by
Brooks Andrew and Brooks Kelly
Bought by
Bohemian Jazz Exchange
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jeff Ewing
Coldwell Banker Realty
List Price
$5,595,000
Sold Price
$5,300,000
Premium/Discount to List
-$295,000
-5.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Purchase Details
Closed on
Feb 8, 2004
Sold by
Brooks Andrew A and Brooks Kelly L
Bought by
Brooks Andrew and Brooks Kelly
Purchase Details
Closed on
Jun 27, 2003
Sold by
Marconi Richard Dale
Bought by
Brooks Andrew A and Brooks Kelly L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 31, 1995
Sold by
Marconi Richard D
Bought by
Marconi Richard Dale
Similar Homes in Newport Beach, CA
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 | $15,432,500 | Ticor Title Company | |
| Grant Deed | -- | Ticor Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | $6,750,000 | Chicago Title Co Com Div | |
| Grant Deed | -- | Chicago Title Company | |
| Grant Deed | $5,300,000 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $3,200,000 | Equity Title Company | |
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $6,400,000 | Construction | |
| Previous Owner | $1,760,078 | Commercial | |
| Previous Owner | $4,240,000 | New Conventional | |
| Previous Owner | $4,240,000 | New Conventional | |
| Previous Owner | $4,240,000 | New Conventional | |
| Previous Owner | $2,000,000 | Credit Line Revolving | |
| Previous Owner | $2,400,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2023 12/18/23 | Sold | $15,431,467 | -2.9% | $4,103 / Sq Ft |
| 12/18/2023 12/18/23 | Pending | -- | -- | -- |
| 12/18/2023 12/18/23 | For Sale | $15,900,000 | 0.0% | $4,228 / Sq Ft |
| 03/19/2021 03/19/21 | Rented | $10,000 | -16.7% | -- |
| 01/05/2021 01/05/21 | For Rent | $12,000 | 0.0% | -- |
| 12/28/2020 12/28/20 | Sold | $6,750,000 | -4.9% | $2,807 / Sq Ft |
| 10/11/2020 10/11/20 | For Sale | $7,095,000 | +33.9% | $2,950 / Sq Ft |
| 07/28/2014 07/28/14 | Sold | $5,300,000 | -5.3% | $1,656 / Sq Ft |
| 07/09/2014 07/09/14 | Pending | -- | -- | -- |
| 04/14/2014 04/14/14 | For Sale | $5,595,000 | +5.6% | $1,748 / Sq Ft |
| 02/03/2014 02/03/14 | Off Market | $5,300,000 | -- | -- |
| 11/11/2013 11/11/13 | For Sale | $5,595,000 | -- | $1,748 / 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 |
|---|---|---|---|---|
| 2024 | $162,765 | $15,431,467 | $14,096,453 | $1,335,014 |
| 2023 | $78,458 | $7,448,035 | $6,819,853 | $628,182 |
| 2022 | $71,836 | $6,795,000 | $6,686,131 | $108,869 |
| 2021 | $71,383 | $6,750,000 | $6,641,462 | $108,538 |
| 2020 | $61,682 | $5,824,376 | $5,709,574 | $114,802 |
| 2019 | $60,392 | $5,710,173 | $5,597,622 | $112,551 |
| 2018 | $59,184 | $5,598,209 | $5,487,864 | $110,345 |
| 2017 | $58,135 | $5,488,441 | $5,380,259 | $108,182 |
| 2016 | $56,822 | $5,380,825 | $5,274,764 | $106,061 |
| 2015 | $56,292 | $5,300,000 | $5,195,532 | $104,468 |
| 2014 | $40,083 | $3,780,755 | $3,674,109 | $106,646 |
Source: Public Records
Agents Affiliated with this Home
-
Russ Fluter
R
Seller's Agent in 2023
Russ Fluter
Russell E. Fluter
(949) 630-8858
2 in this area
5 Total Sales
-
Kim Bibb
Buyer's Agent in 2023
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
54 in this area
125 Total Sales
-
Michael Carpenter
Seller's Agent in 2020
Michael Carpenter
Compass
(949) 922-1092
1 in this area
17 Total Sales
-
Jeff Ewing
Buyer's Agent in 2014
Jeff Ewing
Coldwell Banker Realty
(949) 644-1600
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP13228851
APN: 048-202-21
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