$3,202,000 - $6,770,000
RENTED SEP 23, 2024

1701 E Balboa Blvd Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood
6 Beds
6 Baths
3,963 Sq Ft
$1,258 Price per Sq Ft

About This Home

This property is a captivating residence situated in the highly sought-after Balboa Peninsula Point in Newport Beach. Rebuilt in 2006, this home stands as the epitome of the finest living in the area. Boasting 6 bedrooms and 5.5 baths, it offers a luxurious and spacious living experience.
The essence of Southern California beach living is captured in this residence, with an abundance of natural light and a design that seamlessly integrates indoor and outdoor spaces. The main living area is a highlight, featuring bifold doors that open to the sunny patio equipped with a built-in barbecue, providing an ideal setting for al fresco living and entertaining. The open floor plan in the main living area encompasses the kitchen, dining area, living room, and family room. The space is characterized by stunning features, including beamed ceilings, custom built-ins throughout, gorgeous warm wood floors, and a surround sound system. The primary suite with ocean views adds an extra touch of luxury with a fireplace, creating a cozy and relaxing atmosphere. Additionally, the property's location is ideal for those who appreciate the beauty of the ocean, as it is ideally situated to watch waves at the world-famous Wedge surf break. Moreover, bay views are just one block away, providing a diverse range of scenic vistas. This breathtaking residence not only offers a stylish and comfortable living space but also provides an opportunity to embrace the quintessential Newport Beach lifestyle, combining elegance with the relaxed ambiance of beach living. This home also offers great parking, with a two-car garage, plus parking for a golf cart.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2009
Sold by
Scalzo Nicholas B
Bought by
Scalzo Nicholas B and The Nicholas B Scalzo Separate Property
Current Estimated Value
$4,986,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,700
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 16, 2008
Sold by
Scalzo Nicholas B
Bought by
Scalzo Nicholas B and Nicholas B Scalzo Separate Property Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,048,716
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 8, 2005
Sold by
Scalzo Nicholas B
Bought by
Scalzo Nicholas B and Nicholas B Scalzo Separate Property Trus

Purchase Details

Closed on
Oct 6, 1998
Sold by
Torian Brentnall Susan and Herrmann Emma Herrmann
Bought by
Scalzo Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
9.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 1997
Sold by
Herrmann Torian Emma
Bought by
Brentnall Susan Torian and Emma Herrmann Torian Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
7.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 3, 1997
Sold by
Torian Brentnall Susan and Herrmann Emma Herrmann
Bought by
Torian Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
7.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 20, 1995
Sold by
Torian Emma A
Bought by
Brentnall Susan Torian

Purchase Details

Closed on
Feb 17, 1995
Sold by
Brentnall Susan Torian
Bought by
Torian Emma A

Purchase Details

Closed on
Mar 6, 1994
Sold by
Torian Emma A and Torian Emma Herrmann
Bought by
Brentnall Susan Torian and Emma Herrmann Torian Trust
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Scalzo Nicholas B -- First American Lenders Advan
Scalzo Nicholas B -- United Title Co Orange Cty
Scalzo Nicholas B -- United Title Co Orange Cty
Scalzo Nicholas B -- United Title Co Orange Cty
Scalzo Nicholas B -- --
Scalzo Nicholas $635,000 Stewart Title
Brentnall Susan Torian -- --
Torian Emma -- California Counties Title Co
Brentnall Susan Torian -- --
Torian Emma A -- California Counties Title Co
Brentnall Susan Torian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholas B Scalzo Separate Pro $4,100,000
Closed Scalzo Nicholas B $1,999,999
Closed Scalzo Nicholas B $2,200,300
Closed Scalzo Nicholas B $132,700
Closed Scalzo Nicholas B $1,048,716
Closed Scalzo Nicholas B $2,293,500
Closed Scalzo Nicholas B $1,048,716
Closed Scalzo Nicholas B $1,048,716
Closed Scalzo Nicholas B $2,300,000
Closed Scalzo Nicholas $999,000
Closed Scalzo Nicholas $180,000
Closed Scalzo Nicholas $554,000
Previous Owner Scalzo Nicholas $400,000
Previous Owner Torian Emma $246,000
Closed Scalzo Nicholas $171,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Rented $12,000 -20.0% --
08/24/2024 08/24/24 Price Changed $15,000 -11.8% $4 / Sq Ft
06/25/2024 06/25/24 Price Changed $17,000 -32.0% $4 / Sq Ft
06/10/2024 06/10/24 Price Changed $25,000 -16.7% $6 / Sq Ft
06/07/2024 06/07/24 For Rent $30,000 -- --

Tax History Compared to Growth

Source: Public Records

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 $23,095 $2,164,502 $864,124 $1,300,378
2023 $23,351 $2,122,061 $847,180 $1,274,881
2022 $23,090 $2,080,452 $830,568 $1,249,884
2021 $22,884 $2,039,659 $814,282 $1,225,377
2020 $22,676 $2,018,745 $805,932 $1,212,813
2019 $22,250 $1,979,162 $790,129 $1,189,033
2018 $21,979 $1,940,355 $774,636 $1,165,719
2017 $21,555 $1,902,309 $759,447 $1,142,862
2016 $21,163 $1,865,009 $744,556 $1,120,453
2015 $21,071 $1,836,995 $733,372 $1,103,623
2014 $20,599 $1,801,011 $719,006 $1,082,005
Source: Public Records

Agents Affiliated with this Home

  • Jon Dishon

    Seller's Agent in 2024

    Jon Dishon

    Arbor Real Estate

    (949) 632-9967

    86 Total Sales

    Jon Dishon
    Section Image

  • N

    Seller Co-Listing Agent in 2024

    Nicole Dishon

    Arbor Real Estate

    (949) 554-1200

    63 Total Sales

    Nicole Dishon
    Section Image
  • Anthony Pitini

    Buyer's Agent in 2024

    Anthony Pitini

    Douglas Elliman of California, Inc.

    (818) 648-1045

    1 Total Sale

    Anthony Pitini
    Section Image
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Map

California Orange County Newport Beach 92661 Balboa Peninsula Point

1701 E Balboa Blvd, Newport Beach, CA

This home is located at 1701 E Balboa Blvd, Newport Beach, CA 92661 and is currently estimated at $4,986,000, approximately $1,258 per square foot. 1701 E Balboa Blvd is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

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.

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