NOT LISTED FOR SALE

Estimated Value: $5,263,000 - $6,285,000

5 Beds
3 Baths
2,876 Sq Ft
$2,044/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $3,800,000 $1,321 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $33,260/month

40 Days on Market

Highlights

  • Beach Front
  • Marina
  • Property has ocean access
  • Newport Elementary School Rated A
  • Ocean View
  • Private Dock Site

About This Home

As of April 2021

This Cape Cod Beach Gem Sits One House from the Ocean on Balboa Peninsula w Priceless Ocean Views. The home’s interior is welcoming with high-quality fixtures. Perfect as a prestigious year-round home or enviable holiday retreat there’s plenty of room for friends or visitors to come enjoy all the Point has to offer. A soothing fountain adds grandeur to the formal front garden upon arrival. The first level consists of a Remodeled Kitchen, dining/living space, guest bedroom & full bathroom. This property combines coastal charm, sophisticated luxury & iconic beach location just a few blocks from the world-famous Wedge! A large master bedroom with ensuite boasts a gorgeous bathroom complete with a soaking tub, walk-in shower & a private balcony. Timeless French doors & windows connect the indoors & out. The third level is simply amazing & provides an adaptable open space with lots of enclosed storage cabinets & a spacious lofty bedroom. Seamlessly flowing out to the expansive third level rooftop deck with jacuzzi & room for lounging you will never want to leave! The magnificent ocean views consume the top floor! Living on the Peninsula is truly incredible. Tennis court memberships are available along with access to a Private beach & Barbecue area on the bay for residents only. Impeccably presented, this residence epitomizes luxury beach side living to give you the lifestyle you've been waiting for. ELEVATE YOUR QUALITY OF LIFE & Secure your own piece of Oceanside paradise today.

Last Agent to Sell the Property

Carl Capitano

COMPASS License #01078792 Listed on: 09/05/2020

COMPASS

Last Buyer's Agent

Jeremy Hardy

Craig Estates and Fine Properties License #01369308

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 2,450 Sq Ft Lot
  • Beach Front
  • Home fronts navigable water
  • Vinyl Fence
  • Wood Fence
  • Brick Fence
  • New Fence
  • Landscaped
  • Level Lot
  • Front and Side Yard Sprinklers
  • Wooded Lot
  • Private Yard
  • Lawn
  • Garden
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Rear-Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Peek-A-Boo
  • Neighborhood

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Bungalow
  • Patio Home
  • Entry on the 1st floor
  • Turnkey
  • Additions or Alterations
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Roof
  • Wood Siding
  • Shingle Siding
  • Vinyl Siding
  • Copper Plumbing
  • Cedar

Interior Spaces

  • 2,876 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Built-In Features
  • Bar
  • Crown Molding
  • Coffered Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • Roller Shields
  • French Mullion Window
  • Garden Windows
  • Wood Frame Window
  • French Doors
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Loft
  • Bonus Room
  • Game Room
  • Storage
  • Attic

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Corian Countertops
  • Tile Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Quartz Bathroom Countertops
  • Stone Bathroom Countertops
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Home Security

  • Smart Home
  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors swing in
  • Low Pile Carpeting

Pool

  • Roof Top Spa
  • Heated Spa
  • Above Ground Spa
  • Fiberglass Spa

Outdoor Features

  • Property has ocean access
  • Private Dock Site
  • Tennis Courts
  • Living Room Balcony
  • Covered Patio or Porch
  • Terrace
  • Exterior Lighting
  • Rooftop Access
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near park

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts For Spa
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Central Water Heater
  • Phone System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 27 / B
  • Tax Tract Number 518
  • Assessor Parcel Number 04820215

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Recreation

  • Community Boat Dock
  • Marina
  • Tennis Courts
  • Fishing
  • Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1952 | Remodeled

Lot Details

2,450 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Well Report: No
  • Architectural Style: Bungalow, Cape Cod, Custom Built
  • Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04820215
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2876.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Copper Plumbing Full, Corian Counters, Crown Molding, Home Automation System, Living Room Balcony, Open Floorplan, Pantry, Phone System, Recessed Lighting, Stone Counters, Storage, Tile Counters, Wet Bar, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Accessibility Features: 36 Inch Or More Wide Halls, Doors - Swing In, Low Pile Carpeting
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors, Mirror Closet Door(s), Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, Dining Room, In Kitchen, Separated
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas, Gas Starter
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1321.28
  • Room Type: Attic, Bonus Room, Den, Entry, Game Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Recreation, Retreat
  • Spa Features: Private, Above Ground, Fiberglass, Heated, Roof Top
  • Window Features: Custom Covering, Drapes, French/Mullioned, Garden Window(s), Roller Shields, Wood Frames
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Linen Closet/Storage, Privacy Toilet Door, Quartz Counters, Remodeled, Separate Tub And Shower, Soaking Tub, Stone Counters, Tile Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Corian Counters, Kitchen Island, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Tennis Court Private
  • Exterior Features: Barbecue Private, Dock Private, Lighting, Rain Gutters
  • View: City Lights, Coastline, Neighborhood, Ocean, Peek-A-Boo, Water
  • Fence: Yes
  • Fencing: Brick, Excellent Condition, Good Condition, New Condition, Privacy, Vinyl, Wood
  • Patio And Porch Features: Brick, Covered, Patio, Porch, Front Porch, Rear Porch, Roof Top, Stone, Terrace
  • Pool Private: No
  • Roof: Other, Shingle, Wood
  • Spa: Yes
  • Construction Materials: Brick, Cedar, Drywall Walls, Shingle Siding, Vinyl Siding, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Direct Garage Access, Concrete, Garage, Garage Faces Rear, Garage - Two Door, Garage Door Opener, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Freezer, Disposal, Gas Range, Gas Cooktop, Gas Water Heater, High Efficiency Water Heater, Ice Maker, Microwave, Range Hood, Recirculated Exhaust Fan, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater Central, Water Heater, Water Line to Refrigerator
  • Electric: 220 Volts For Spa, Electricity - On Property, Standard
  • Heating Type: Central, Zoned, Forced Air, Natural Gas, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, In Closet, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Dock, Tennis Court(s)
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Park, Watersports, Sidewalks, Storm Drains, Street Lights

Schools

  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Garden, Landscaped, Lawn, Level with Street, Level, Park Nearby, Patio Home, Sprinkler System, Sprinklers In Front, Sprinklers On Side, Sprinklers Timer, Treed Lot, Yard
  • Lot Size: 2450
  • Lot Size Sq Ft: 2450.00
  • Lot Size Acres: 0.0562
  • Latitude Manual: 33.59750000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2450.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Fishing in Community, Marina in Community, Navigable Water, Ocean Access

Tax Info

  • Tax Block: B
  • Tax Census Tract: 628.00
  • Tax Lot: 27
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2020
Sold by
Bonar John and Bonar Lorel
Bought by
Wendling Timothy K and Wendling Marcianne R
Current Estimated Value
$5,769,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,419,620
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2000
Sold by
Larkin Thomas B
Bought by
Bonar John and Bonar Lorel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wendling Timothy K $3,800,000 First American Title
Bonar John $795,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wendling Timothy K $3,419,620
Previous Owner Bonar John $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2021 04/12/21 Sold $3,800,000 -2.4% $1,321 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
09/05/2020 09/05/20 For Sale $3,895,000 -- $1,354 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $42,825 $4,113,241 $4,023,667 $89,574
2024 $42,825 $4,032,590 $3,944,772 $87,818
2023 $41,825 $3,953,520 $3,867,423 $86,097
2022 $41,135 $3,876,000 $3,791,591 $84,409
2021 $11,935 $1,106,709 $1,003,503 $103,206
2020 $11,819 $1,095,362 $993,214 $102,148
2019 $11,577 $1,073,885 $973,739 $100,146
2018 $11,346 $1,052,829 $954,646 $98,183
2017 $11,145 $1,032,186 $935,928 $96,258
2016 $10,895 $1,011,948 $917,577 $94,371
2015 $10,790 $996,748 $903,794 $92,954
2014 $10,535 $977,224 $886,090 $91,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20181461

California Regional Multiple Listing Service (CRMLS)

APN: 048-202-15

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