Paul Daftarian
Luxe Real Estate
(657) 385-8384
244 Total Sales
4 in Balboa Peninsula Point
$11.4M - $27M Price Range
1700 E Oceanfront Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $8,839,867
3
Beds
2.5
Baths
2,987
Sq Ft
$2,959/Sq Ft
Est. Value
Highlights
- Beach Front
- Property has ocean access
- Corner Lot
- White Water Ocean Views
- Fireplace in Primary Bedroom
- No HOA
About This Home
As of December 2020Gracing a corner lot on the pristine sands of coveted Peninsula Point, 1700 East Oceanfront presents a rare opportunity to own a home that is perfectly positioned with panoramic views stretching from the Balboa Pier to the Wedge. Its prime non-boardwalk location affords the property an exceptionally private and peaceful setting, mere steps from the water. Designed and arranged for the ultimate indoor-outdoor living experience, the home combines an open layout with wood beam ceilings, arched doors and windows, and spacious sunlit rooms to highlight the peaceful beachfront setting. The master retreat serves as the perfect seaside oasis, featuring a private balcony looking out to the ocean, a romantic fireplace, iconic arched windows and doors matching the design of those on the lower level, and a dual-sink en suite bathroom. Situated around a warm fireplace, the open living room emanates relaxed ease, seamlessly flowing into the dining room and out to the Oceanfront patio. Experience the finest of coastal living in beautiful Newport Beach, with the sand at your doorstep, the ocean within sight, and world-class amenities just minutes away. This exceptional home would serve as a perfect primary residence, a wonderful beachside retreat, or an excellent opportunity to build your dream home in an unparalleled oceanfront location.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01210754 Listed on: 08/10/2020
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Home Details
Home Type
- Single Family
Year Built
- Built in 1933
Lot Details
- 3,200 Sq Ft Lot
- Lot Dimensions are 40x80
- Beach Front
- Corner Lot
- Property is zoned R1
Parking
- 3 Car Attached Garage
- Parking Available
Property Views
- White Water Ocean
- Coastline
- Catalina
- Panoramic
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,987 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Living Room with Fireplace
- Storage
- Laundry Room
- Carpet
Kitchen
- Eat-In Kitchen
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Bathtub
Outdoor Features
- Property has ocean access
- Enclosed Patio or Porch
Location
- Suburban Location
Utilities
- Forced Air Heating System
- Sewer Paid
Listing and Financial Details
- Assessor Parcel Number 04821229
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Point Subdivision
Amenities
- Laundry Facilities
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
Aug 10, 2020
Closed on
Dec 8, 2020
Sold by
Bought by
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Ron Millar
Arbor Real Estate
List Price
$7,599,000
Sold Price
$7,050,000
Premium/Discount to List
-$549,000
-7.22%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,789,867
Avg. Annual Appreciation
4.13%
Original Mortgage
$4,582,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 4, 2017
Closed on
May 29, 2018
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
$7,695,000
Sold Price
$7,500,000
Premium/Discount to List
-$195,000
-2.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.48%
Purchase Details
Closed on
Sep 24, 2007
Sold by
Bought by
Purchase Details
Closed on
Jul 25, 2007
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
$6,090,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 21, 2003
Sold by
Bought by
Purchase Details
Closed on
Oct 8, 2002
Sold by
Bought by
Purchase Details
Closed on
Sep 30, 2002
Sold by
Bought by
Purchase Details
Closed on
Sep 24, 2002
Sold by
Bought by
Purchase Details
Closed on
Sep 17, 2002
Sold by
Bought by
Purchase Details
Closed on
Sep 15, 1998
Sold by
Bought by
Purchase Details
Closed on
Oct 25, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Balboa Peninsula Point, CA
-
Paul Daftarian
-
Keegan Budden
Keegan Budden
Douglas Elliman of California Inc.
(949) 763-5747
15 Total Sales
4 in Balboa Peninsula Point
$6.9M - $8.7M Price Range
-
Justine Howard
Justine Howard
Coldwell Banker Realty
(949) 822-9869
13 Total Sales
2 in Balboa Peninsula Point
$3,850,000 Price Range
-
Nura Motal
Nura Motal
Responds QuicklyDouglas Elliman of California
(952) 230-0628
63 Total Sales
2 in Balboa Peninsula Point
$4,050,000 Price Range
-
Mehdi Khosh
Mehdi Khosh
Responds QuicklyBerkshire Hathaway HomeService
(949) 541-2190
85 Total Sales
1 in Balboa Peninsula Point
$12,000,000 Price
-
Rebecca Anderson
Rebecca Anderson
Responds QuicklySurterre Properties Inc.
(949) 763-4678
23 Total Sales
1 in Balboa Peninsula Point
$4,625,000 Price
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 |
|---|---|---|---|
| $7,050,000 | Fidelity Natl Ttl Orange Cnt | ||
| $7,500,000 | First American Title Co | ||
| -- | Ctc | ||
| -- | First American Title Ins Co | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
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 | $2,500,000 | ||
| Open | $8,500,000 | ||
| Closed | $2,775,000 | ||
| Closed | $2,000,000 | ||
| Closed | $4,582,000 | ||
| Previous Owner | $6,090,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 12/29/2020 12/29/20 | Sold | $7,050,000 | -3.4% | $2,360 / Sq Ft | |
| 12/06/2020 12/06/20 | Pending | -- | -- | -- | |
| 11/02/2020 11/02/20 | Price Changed | $7,300,000 | -3.9% | $2,444 / Sq Ft | |
| 08/10/2020 08/10/20 | For Sale | $7,599,000 | +1.3% | $2,544 / Sq Ft | |
| 07/16/2018 07/16/18 | Sold | $7,500,000 | -2.5% | $2,511 / Sq Ft | View Prior Sale |
| 05/28/2018 05/28/18 | Pending | -- | -- | -- | |
| 04/04/2017 04/04/17 | For Sale | $7,695,000 | -- | $2,576 / 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 |
|---|---|---|---|---|
| 2026 | $90,499 | $8,770,825 | $7,487,137 | $1,283,688 |
| 2025 | $90,499 | $8,598,849 | $7,340,331 | $1,258,518 |
| 2024 | $86,996 | $8,230,515 | $7,196,403 | $1,034,112 |
| 2023 | $79,585 | $7,555,520 | $7,055,298 | $500,222 |
| 2022 | $76,001 | $7,191,000 | $6,916,959 | $274,041 |
| 2021 | $74,539 | $7,050,000 | $6,781,332 | $268,668 |
| 2020 | $80,903 | $7,650,000 | $7,381,745 | $268,255 |
| 2019 | $79,209 | $7,500,000 | $7,237,004 | $262,996 |
| 2018 | $73,915 | $7,000,000 | $6,711,756 | $288,244 |
| 2017 | $74,049 | $7,000,000 | $6,711,756 | $288,244 |
| 2016 | $84,442 | $8,012,422 | $7,724,178 | $288,244 |
| 2015 | $84,926 | $8,012,422 | $7,724,178 | $288,244 |
| 2014 | $82,921 | $7,855,470 | $7,572,872 | $282,598 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Bibb
Seller's Agent in 2020
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
45 in this area
111 Total Sales
-
Ron Millar
Buyer's Agent in 2020
Ron Millar
Arbor Real Estate
(949) 233-8080
1 in this area
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20161501
APN: 048-212-29
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.
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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