$3,500,000
SOLD NOV 27, 2024
3 Beds
2 Baths
1,176 Sq Ft
2,625 Sq Ft Lot

Recently Sold

$2,976 Per Sq Ft

4% Below List Price

32 Days on Market

Highlights

  • Updated Kitchen
  • Property is near a park
  • Main Floor Bedroom
  • Newport Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to West Jetty View Park

About This Home

As of November 2024

Loved by the same family for over 60 years, this warm and inviting 1950's "Balboa Charmer" home is in pristine condition and could be your perfect beach cottage retreat! Located in the highly-coveted & picturesque Peninsula Point neighborhood of the Balboa Peninsula, the 3-bd/2-ba home is on the sunny side of the street, one lot in from the corner and only two lots away from the crashing waves of the ocean.

Step inside to find original hardwood floors throughout, high wood-beamed ceilings, diamond casement windows, and a warm & welcoming fireplace. The bright, updated kitchen features maple cabinetry, stainless steel appliances, granite counters and plenty of windows to flood the space with natural light. Three spacious bedrooms with large closets feature wood floors, ceiling fans and custom shutters. An oversized two-car attached garage conveniently leads directly into the home and provides ample storage. The outdoor patio is a true highlight, with a south facing brick lined entertainer's space that includes a sitting area, dining area and firepit area—perfect for entertaining or simply relaxing to enjoy sunsets & the ocean breeze.

Peninsula Point, located at the very end of the 4-mile Balboa Peninsula, is a historic beach enclave known for its enchanting tree-lined streets, relative quiet setting with long-term residents, and proximity to the harbor entrance and famous Wedge. Residents here are able to join the Balboa Peninsula Racquet Club as well as the voluntary Balboa Peninsula Point Association, which just celebrated 75 years, and offers resident members access to gated bay beach and multiple community activities throughout the year.

Last Agent to Sell the Property

Claire Namdar

Compass Brokerage Phone: 949-413-7283 License #01351990 Listed on: 09/19/2024

Compass

Last Buyer's Agent

Cynthia Holechek

Beachside Properties License #01843708

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,554

Year Built

  • Built in 1952

Lot Details

  • 2,625 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Parking Storage or Cabinetry
  • Parking Available
  • Two Garage Doors

Home Design

  • Cottage
  • Entry on the 1st floor
  • Tile Roof

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Raised Hearth
  • Gas Fireplace
  • Family Room Off Kitchen
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Central Air
  • 220 Volts in Garage

Additional Features

  • No Interior Steps
  • Brick Porch or Patio
  • Property is near a park

Listing and Financial Details

  • Legal Lot and Block 2 / G
  • Tax Tract Number 518
  • Assessor Parcel Number 04826129
  • $380 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Recreation

  • Park
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,554

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: No
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04826129
  • Year Built: 1952
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1176.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Granite Counters
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Gas, Raised Hearth
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2976.19
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Primary Bedroom
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Brick, Concrete
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Electric Vehicle Charging Station(s), Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave
  • Electric: 220 Volts in Garage
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Watersports, Sidewalks

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Park Nearby
  • Lot Size Sq Ft: 2625.00
  • Lot Size Acres: 0.0603

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2625.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: G
  • Tax Census Tract: 628.00
  • Tax Lot: 2
  • Tax Tract Number: 518
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2025
Sold by
Holechek Cindy and Holechek Mark
Bought by
Holechek Living Trust and Holechek
Current Estimated Value
$3,486,249

Purchase Details

Listed on
Sep 19, 2024
Closed on
Oct 24, 2024
Sold by
Nanas Beach House Llc
Bought by
Holechek Mark and Holechek Cynthia
Seller's Agent
Claire Namdar
Compass
Buyer's Agent
Cynthia Holechek
Beachside Properties
List Price
$3,650,000
Sold Price
$3,500,000
Premium/Discount to List
-$150,000
-4.11%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.44%
Original Mortgage
$500,000
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2021
Sold by
Neslen Nancy Grace and Ruch Martha Neslen
Bought by
Nanas Beach House Llc

Purchase Details

Closed on
Feb 3, 2021
Sold by
Neslen Nancy Grace and Eleanor K Neslen Ramsay Trust
Bought by
Neslen Nancy Grace and Ruch Martha Neslen
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed $3,500,000 Consumers Title
Grant Deed $3,500,000 Consumers Title
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $3,500,000 -2.6% $2,976 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/17/2024 10/17/24 Price Changed $3,595,000 -1.5% $3,057 / Sq Ft
09/19/2024 09/19/24 For Sale $3,650,000 -- $3,104 / 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
2025 $1,554 $3,500,000 $3,431,253 $68,747
2024 $1,554 $110,285 $72,124 $38,161
2023 $1,514 $108,123 $70,710 $37,413
2022 $1,484 $106,003 $69,323 $36,680
2021 $1,384 $103,925 $67,964 $35,961
2020 $1,369 $102,860 $67,267 $35,593
2019 $1,347 $100,844 $65,948 $34,896
2018 $1,321 $98,867 $64,655 $34,212
2017 $1,298 $96,929 $63,387 $33,542
2016 $1,271 $95,029 $62,144 $32,885
2015 $1,256 $93,602 $61,210 $32,392
2014 $1,226 $91,769 $60,011 $31,758
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24193481

California Regional Multiple Listing Service (CRMLS)

APN: 048-261-29