NOT LISTED FOR SALE

Estimated Value: $7,120,000 - $11,963,824

4 Beds
6 Baths
3,599 Sq Ft
$2,504/Sq Ft Est. Value

Last Sold October 15, 2019

Last sale price $19,380,000 $5,385 Per Sq Ft

Current estimated payment $59,008/month

186 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Open Floorplan
  • Newport Elementary School Rated A
  • Guest House
  • Cape Cod Architecture

About This Home

As of October 2019

An exquisite representation of Cape Cod craftsmanship and design this breathtaking oceanfront home located within the picturesque community of Peninsula Point is irreplaceable. Commanding 60' of water frontage the classic shingled residence is sited on one-and-a-half waterfront lots and flows seamlessly between indoor and outdoor living spaces. Here richly stained wood floors contrast against crisp white woodwork and the timeless appeal of reclaimed brick. Expanses of French doors open and lead to multiple covered and uncovered terraces. From the welcoming Dutch door entry the home’s open living, dining and kitchen spaces lend them self to relaxed coastal living. Chefs will delight in the professional-grade kitchen accented by classic soapstone counters and artisan tile backsplash. A well-appointed home office is detailed with fine handcrafted millwork. Thoughtfully conceived with three gracious bedroom suites in the main residence and a charming courtyard guesthouse, the home allows for family and friends to stay comfortably together and enjoy the beach lifestyle. Elevator service to all levels, two laundry areas and an oversized garage complete this extraordinary home. A stunning oceanfront estate affording unparalleled views, space, and privacy from one of the best lots on the sand. **Adjoining 40'x80', 3200 SFT corner lot available for concurrent purchase and is being offered at $7,995,000.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 03/21/2019

Coldwell Banker Realty

Last Buyer's Agent

John Genova

Coldwell Banker Realty License #01870745

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 100x80
  • Beach Front
  • Landscaped
  • Corner Lot
  • Sprinklers on Timer
  • Lawn
  • Garden
  • 048-212-32

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Oversized Parking
  • Parking Available
  • Brick Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Cape Cod Architecture
  • Turnkey

Interior Spaces

  • 3,599 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • Cathedral Ceiling
  • Awning
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Storage
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet
  • Dressing Area

Home Security

  • Alarm System
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Guest House
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 14 / C
  • Tax Tract Number 518
  • Assessor Parcel Number 04821231

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Fire and Smoke Detection System, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04821231
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3599.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Brick Walls, Built-in Features, Cathedral Ceiling(s), Chair Railings, Crown Molding, Elevator, High Ceilings, Open Floorplan, Pantry, Stone Counters, Storage
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Master Retreat, Outside
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 5384.83
  • Room Type: Bonus Room, Dressing Area, Formal Entry, Great Room, Kitchen, Laundry, Office, Walk-In Closet, Walk-In Pantry
  • Room Kitchen Features: Kitchen Island, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House
  • Exterior Features: Awning(s)
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Brick, Covered, Deck, Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway - Brick, Oversized
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Microwave, Range Hood, Refrigerator
  • Heating Type: Zoned, Forced Air, Natural Gas
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 048-212-32
  • Land Lease: No
  • Lot Features: Corner Lot, Garden, Landscaped, Lawn, Sprinkler System, Sprinklers Timer
  • Lot Size: 100x80
  • Lot Size Sq Ft: 4800.00
  • Lot Size Acres: 0.1102

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4800.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Beach Front, Ocean Front

Tax Info

  • Tax Block: C
  • Tax Census Tract: 628.00
  • Tax Lot: 14
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2019
Closed on
Oct 10, 2019
Sold by
Beach Property Llc
Bought by
Contessa I Llc
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
John Genova
Coldwell Banker Realty
List Price
$11,975,000
Sold Price
$19,380,000
Premium/Discount to List
$7,405,000
61.84%
Current Estimated Value
$9,012,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,367,059
Avg. Annual Appreciation
-11.63%

Purchase Details

Closed on
Mar 11, 2008
Sold by
Beach Property Llc
Bought by
Beach Property Llc

Purchase Details

Closed on
Jun 30, 2006
Sold by
Beach Property Llc
Bought by
Sandy Retreat Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2006
Sold by
Banning Hancock and Banning Julia Mccook
Bought by
Beach Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 1994
Sold by
Banning Hancock and Banning Julia Mccook
Bought by
Banning Hancock and Banning Julia Mccook
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Contessa I Llc $19,380,000 First American Title Company
Beach Property Llc -- First American Title Company
Sandy Retreat Llc -- First American Title Co
Beach Property Llc $13,000,000 First American Title Co
Banning Hancock -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sandy Retreat Llc $5,000,000
Previous Owner Beach Property Llc $5,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2019 10/15/19 Sold $19,380,000 +61.8% $5,385 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $11,975,000 0.0% $3,327 / Sq Ft
05/29/2015 05/29/15 Rented $55,000 +37.5% --
04/29/2015 04/29/15 Under Contract -- -- --
02/09/2015 02/09/15 For Rent $40,000 -20.0% --
06/12/2012 06/12/12 Rented $50,000 0.0% --
06/05/2012 06/05/12 Under Contract -- -- --
06/05/2012 06/05/12 For Rent $50,000 +66.7% --
04/13/2012 04/13/12 Rented $30,000 0.0% --
04/09/2012 04/09/12 Under Contract -- -- --
01/17/2012 01/17/12 For Rent $30,000 -- --
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
2025 $141,416 $13,670,575 $12,359,562 $1,311,013
2024 $141,416 $13,402,525 $12,117,218 $1,285,307
2023 $138,124 $13,139,731 $11,879,626 $1,260,105
2022 $135,857 $12,882,090 $11,646,692 $1,235,398
2021 $133,243 $12,629,500 $11,418,325 $1,211,175
2020 $131,966 $12,500,000 $11,301,244 $1,198,756
2019 $124,472 $11,805,340 $10,668,454 $1,136,886
2018 $121,979 $11,573,863 $10,459,268 $1,114,595
2017 $119,815 $11,346,925 $10,254,184 $1,092,741
2016 $117,105 $11,124,437 $10,053,122 $1,071,315
2015 $116,015 $10,957,338 $9,902,115 $1,055,223
2014 $110,103 $10,440,878 $9,450,990 $989,888
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19063438

California Regional Multiple Listing Service (CRMLS)

APN: 048-212-31