$6,400,000
SOLD FEB 21, 2025
4 Beds
4.5 Baths
3,094 Sq Ft
2,450 Sq Ft Lot

Recently Sold

$2,069 Per Sq Ft

3% Below List Price

38 Days on Market

Highlights

  • Rooftop Deck
  • Primary Bedroom Suite
  • Ocean Side of Highway 1
  • Newport Elementary School Rated A
  • Panoramic View
  • Open Floorplan

About This Home

As of February 2025

Positioned on a sunny corner lot overlooking Peninsula Point’s storybook L Street Park this thoughtfully designed custom home checks all of the boxes. With a timeless architectural design the light filled, open-concept floor plan enjoys abundant park views and boasts a front row seat to many festive neighborhood activities. Constructed as a coastal luxury home in 2021 the four bedroom, four-and-a-half bath floor plan spans three floors and is highlighted by myriad top-tier amenities such as an elevator, automated window shades, Crestron home systems, two laundry room areas, a large walk-in pantry, a two car garage with additional golf cart parking, covered and uncovered rooftop entertaining spaces, and abundant indoor and outdoor storage areas. A welcoming Dutch-door entry opens to the park view great room, with glass doors unveiling a sunny wrap around terrace – perfect for summer barbeques and a sunset glass of wine with friends. An impressive professional-grade kitchen features Wolf and Sub-Zero appliances, a large dining island, abundant storage, a walk-in pantry, two sinks, and a separate bar area with wine refrigeration. Upstairs, four generous en-suite bedrooms provide comfortable space for visiting family and friends. The inviting primary suite enjoys its own private terrace with tree-top views over the park, a serene spa bath with dual sinks and make-up vanity, walk-in shower and separate steeping tub, and adjoining walk-in dressing room closet. Indoor-outdoor entertaining is a breeze with the third floor California room that flows onto the rooftop terrace, featuring both covered and uncovered sitting areas and a panorama of stunning city light views. Arguably one of the most preferred locations within the Peninsula Point neighborhood this turn-key home is just steps from the beach, the bay, the private Peninsula Point Racquet Club, and the community bay beach entertaining area. Sit back, relax, enjoy the ocean air and embrace this coastal living opportunity.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty Brokerage Phone: 949-478-7781 License #01892201 Listed on: 12/17/2024

Coldwell Banker Realty

Last Buyer's Agent

Nicolai Glazer

Pacific Sotheby's Int'l Realty License #01857997

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,829

Year Built

  • Built in 2021

Lot Details

  • 2,450 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Sprinklers on Timer

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Off-Street Parking

Property Views

  • Panoramic
  • City Lights
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Cape Cod Architecture
  • Turnkey

Interior Spaces

  • 3,094 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Bar
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Awning
  • Custom Window Coverings
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Storage
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Utility Sink
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Rooftop Deck
  • Covered patio or porch
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 13 / L
  • Tax Tract Number 518
  • Assessor Parcel Number 04822127
  • $380 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Recreation

  • Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,829

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security System, Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04822127
  • Year Built: 2021
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3094.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Crown Molding, Elevator, Granite Counters, High Ceilings, Home Automation System, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Stone Counters, Storage, Wired for Sound
  • Stories: 3
  • Entry Location: First Floor
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2068.52
  • Room Type: All Bedrooms Up, Bonus Room, Great Room, Kitchen, Laundry, Primary Suite, Retreat, Walk-In Closet
  • Window Features: Custom Covering
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Linen Closet/Storage, Separate Tub And Shower, Soaking Tub, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s), Lighting
  • View: City Lights, Neighborhood, Panoramic, Park/Greenbelt
  • Patio And Porch Features: Covered, Deck, Patio, Front Porch, Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Rear, Garage - Single Door, Off Street
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable 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, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Warming Drawer
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, In Garage, Individual Room, Upper Level, 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, Park, Watersports, Sidewalks, Storm Drains, Street Lights, Urban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 2450.00
  • Lot Size Acres: 0.0562
  • Latitude Manual: 33.59858600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2450.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Block: L
  • Tax Census Tract: 628.00
  • Tax Lot: 13
  • Tax Tract Number: 518
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Jan 24, 2025
Sold by
Thomas A Bishop And Jean B Bishop Family and Bishop Thomas A
Bought by
Michael And Elisa Schenkman Family Trust and Schenkman
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Nicolai Glazer
Pacific Sotheby's Int'l Realty
List Price
$6,595,000
Sold Price
$6,400,000
Premium/Discount to List
-$195,000
-2.96%
Views
78
Current Estimated Value
$6,425,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,474
Avg. Annual Appreciation
2.47%

Purchase Details

Listed on
May 24, 2018
Closed on
Apr 3, 2019
Sold by
Javelera Carlos L and Javelera Joan E
Bought by
Bishop Thomas A and Bishop Fmtr Jean
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$2,549,000
Sold Price
$2,050,000
Premium/Discount to List
-$499,000
-19.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.65%

Purchase Details

Closed on
Feb 24, 2016
Sold by
Javelera Carlos L
Bought by
Javelera Carlos L and Javelera Joan E

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
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 1996
Sold by
Ann Javelera Mary
Bought by
Javelera Mary Ann Lucille
Source: Public Records

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Range of Values:

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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 $6,400,000 First American Title Company
Grant Deed $2,050,000 Fidelity Natl Ttl Orange Cnt
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $6,400,000 -3.0% $2,069 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
12/17/2024 12/17/24 For Sale $6,595,000 +221.7% $2,132 / Sq Ft
05/02/2019 05/02/19 Sold $2,050,000 -9.9% $2,026 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
04/02/2019 04/02/19 Price Changed $2,275,000 +8.6% $2,248 / Sq Ft
04/01/2019 04/01/19 Price Changed $2,095,000 -7.9% $2,070 / Sq Ft
10/01/2018 10/01/18 Price Changed $2,275,000 -10.7% $2,248 / Sq Ft
05/24/2018 05/24/18 For Sale $2,549,000 0.0% $2,519 / Sq Ft
04/15/2013 04/15/13 Rented $2,900 0.0% --
04/10/2013 04/10/13 Under Contract -- -- --
02/13/2013 02/13/13 For Rent $2,900 -- --
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 $34,829 $3,345,333 $2,236,914 $1,108,419
2024 $34,829 $3,279,739 $2,193,053 $1,086,686
2023 $34,014 $3,215,431 $2,150,052 $1,065,379
2022 $33,451 $3,152,384 $2,107,894 $1,044,490
2021 $27,389 $2,568,574 $2,066,563 $502,011
2020 $22,375 $2,091,000 $2,045,373 $45,627
2019 $13,944 $1,292,063 $1,245,430 $46,633
2018 $13,667 $1,266,729 $1,221,010 $45,719
2017 $13,426 $1,241,892 $1,197,069 $44,823
2016 $13,126 $1,217,542 $1,173,597 $43,945
2015 $13,002 $1,199,254 $1,155,969 $43,285
2014 $12,622 $1,175,763 $1,133,325 $42,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24250146

California Regional Multiple Listing Service (CRMLS)

APN: 048-221-27