$6,875,000
SOLD OCT 8, 2024
4 Beds
5 Baths
3,118 Sq Ft
2,450 Sq Ft Lot

Recently Sold

$2,205 Per Sq Ft

4% Below List Price

49 Days on Market

Highlights

  • Fishing
  • Rooftop Deck
  • City Lights View
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of October 2024

A seamless blend of modern design and laid-back, Southern California style, this newer construction 4 bedroom, 5 bath home positioned just one house from the sand within the charming neighborhood of Balboa Peninsula Point affords a rarely available turn-key lifestyle opportunity at the beach. With interior appointments expertly designed by Denise Morrison of House of Morrison Interiors the residence speaks to both sophistication and comfort, engaging a palette of timeless stone, textured neutrals, and rich wood. Open plan living spaces flow from inside to the outdoors, with disappearing walls of glass unveiling tranquil patio spaces made for entertaining. Bespoke interior finishes include abundant wood ceiling detail, refined designer lighting, and the thoughtful implementation of handcrafted stone and tile. A stunning professional-grade kitchen commands attention with abundant storage and prep space, a separate butler’s pantry, and chic wet bar. Upstairs three guest bedroom areas (one currently used an an office) accompany the luxurious, hotel-like primary suite highlighted by soaring ceilings, a private terrace, walk-in dressing area with artisan millwork, and a dramatic spa bath with separate dressing vanity area. The ultimate destination for socializing, the grand rooftop deck enjoys peek-a-boo ocean views, covered and uncovered lounge areas, and is adjoined by a lofted media room/den with a wet bar and full bath. An attached two car garage, two laundry areas, and automated lighting, window, and AV systems complete this residence built with a focus on timeless, warm contemporary design. An opportunity to enjoy luxurious beach living and the amenities associated with the premier location of Balboa Peninsula Point.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty Brokerage Phone: 949-478-7781 License #01892201 Listed on: 07/28/2024

Coldwell Banker Realty

Last Buyer's Agent

Tara Shapiro

Coldwell Banker Realty Brokerage Phone: 949-478-7781 License #01892201 Listed on: 07/28/2024

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,448

Year Built

  • Built in 2021

Lot Details

  • 2,450 Sq Ft Lot
  • Fenced
  • New Fence
  • Level Lot
  • Drip System Landscaping
  • Sprinklers on Timer

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage

Property Views

  • City Lights
  • Peek-A-Boo
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 3,118 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Blinds
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Storage

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Quartz Bathroom Countertops
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Fireplace in Patio
  • Patio
  • Outdoor Fireplace
  • Terrace
  • Exterior Lighting
  • Wrap Around Porch

Location

  • Urban Location

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block 27 / C
  • Tax Tract Number 518
  • Assessor Parcel Number 04821205
  • $380 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Recreation

  • Fishing
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,448

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04821205
  • Year Built: 2021
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3118.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Built-in Features, Coffered Ceiling(s), High Ceilings, Home Automation System, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Stone Counters, Storage, Wet Bar, Wired for Sound
  • Stories: 3
  • Entry Location: on grade
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Outside, Patio, Gas Starter
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2204.94
  • Room Type: All Bedrooms Up, Bonus Room, Dressing Area, Great Room, Kitchen, Primary Suite, Office, Walk-In Closet
  • Window Features: Blinds
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Primary Bath, Linen Closet/Storage, Main Floor Full Bath, Quartz Counters, Soaking Tub, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • View: City Lights, Neighborhood, Peek-A-Boo
  • Fence: Yes
  • Fencing: New Condition
  • Patio And Porch Features: Patio, Front Porch, Roof Top, Terrace, Wrap Around
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Cooktop, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Watersports, Sidewalks, Storm Drains, Street Lights, Urban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Sprinklers Drip System, Sprinklers Timer
  • Lot Size Sq Ft: 2450.00
  • Lot Size Acres: 0.0562

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2450.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: C
  • Tax Census Tract: 628.00
  • Tax Lot: 27
  • Tax Tract Number: 518
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2024
Closed on
Sep 20, 2024
Sold by
Jeffrey D And Elizabeth C Garrett Trust and Garrett Jeffrey D
Bought by
Pishoy Holdings Llc
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$7,150,000
Sold Price
$6,875,000
Premium/Discount to List
-$275,000
-3.85%
Total Days on Market
49
Views
85
Current Estimated Value
$6,723,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$151,339
Avg. Annual Appreciation
-3.37%

Purchase Details

Listed on
Jan 30, 2020
Closed on
Jan 24, 2020
Sold by
Dwyer James E
Bought by
Garrett Jeffrey D and Garrett Elizabeth C
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$2,050,000
Sold Price
$2,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.43%

Purchase Details

Listed on
Jan 30, 2020
Closed on
Jan 15, 2020
Sold by
Thompson Marilyn H and Briery Carol H
Bought by
Dwyer James E
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$2,050,000
Sold Price
$2,050,000

Purchase Details

Closed on
Feb 26, 2002
Sold by
Thompson Marilyn and Briery Carol
Bought by
Thompson Marilyn H and Briery Carol N

Purchase Details

Closed on
Feb 16, 2001
Sold by
Thompson Marilyn and Briery Carol
Bought by
Hamill Trust

Purchase Details

Closed on
Dec 22, 1995
Sold by
Sanwa Bank California
Bought by
Thompson Marilyn H and Briery Carol H
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $6,875,000 Fidelity National Title
Grant Deed $2,050,000 First American Title Company
Grant Deed $1,300,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,300,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $75,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $6,875,000 -3.8% $2,205 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
07/28/2024 07/28/24 For Sale $7,150,000 +248.8% $2,293 / Sq Ft
01/30/2020 01/30/20 Sold $2,050,000 0.0% $2,362 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $2,050,000 -- $2,362 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $33,448 $3,141,424 $2,151,273 $990,151
2023 $32,666 $3,079,828 $2,109,091 $970,737
2022 $32,126 $3,019,440 $2,067,737 $951,703
2021 $23,478 $2,196,878 $2,027,194 $169,684
2020 $3,814 $335,024 $263,973 $71,051
2019 $3,740 $328,455 $258,797 $69,658
2018 $3,666 $322,015 $253,722 $68,293
2017 $3,843 $315,701 $248,747 $66,954
2016 $3,838 $309,511 $243,869 $65,642
2015 $3,822 $304,862 $240,206 $64,656
2014 $3,659 $298,891 $235,501 $63,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24154918

California Regional Multiple Listing Service (CRMLS)

APN: 048-212-05