$2,999,900
$200K PRICE DROP

Estimated payment $18,328/month

Total Views 11,092
2 Beds
2 Baths
1,200 Sq Ft
$2,500 Price per Sq Ft

Highlights

  • Ocean Side of Highway 1
  • Main Floor Bedroom
  • Stone Countertops
  • Abraham Lincoln Elementary School Rated A
  • Great Room
  • Private Yard

About This Home

LOWEST PRICE HOME ON BALBOA ISLAND. Single Level 2 bedroom 2 bath home. Property has City of Newport Beach Short Term Rental License which is transferable. Newly remodeled and upgraded. Wonderful kitchen with new appliances and counters plus a spacious great room which opens to a large private back patio which allows for both indoor and outdoor entertainment. Cozy front yard to enjoy and relax. Single car garage plus an additional off street parking space. Great location to enjoy everything that Balboa Island offers. Close to shops, restaurants and beaches which are minutes away. Short drive to Fashion Island, Corona Del Mar Beaches and restaurants plus walking distance to Balboa Peninsula via the ferry.

Listing Agent

JEFFREY STEARMAN

Keller Williams OC Coastal Realty Brokerage Phone: 949-412-5333 License #00932282 Listed on: 05/11/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,783

Year Built

  • Built in 1930

Lot Details

  • 2,550 Sq Ft Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard
  • Density is 11-15 Units/Acre

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Parking Available

Home Design

  • Composition Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Great Room
  • Family Room Off Kitchen

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Corian Bathroom Countertops
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Highway 1
  • Patio
  • Rain Gutters
  • Front Porch

Utilities

  • Two cooling system units
  • Heating Available
  • No Utilities
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 2 / 12
  • Tax Tract Number 102
  • Assessor Parcel Number 05016213
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Recreation

  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,783

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Refrigerator, Stove, Microwave, Dishwasher, Ceiling Fans.
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05016213
  • Year Built: 1930
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1200.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Stone Counters, Unfurnished
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2499.92
  • Room Type: All Bedrooms Down, Great Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom
  • Bathroom Features: Shower, Corian Counters, Remodeled
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • Patio And Porch Features: Concrete, Patio, Front Porch
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: None
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Heating Type: Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Back Yard, Front Yard, Level, Walkstreet, Yard
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0585

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Block: 12
  • Tax Census Tract: 630.06
  • Tax Lot: 2
  • Tax Tract Number: 102

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $23,783 $2,010,481 $1,965,740 $44,741
2024 $23,783 $1,971,060 $1,927,196 $43,864
2023 $23,196 $1,932,412 $1,889,408 $43,004
2022 $20,295 $1,894,522 $1,852,361 $42,161
2021 $15,015 $1,392,479 $1,356,618 $35,861
2020 $14,871 $1,378,201 $1,342,707 $35,494
2019 $14,565 $1,351,178 $1,316,379 $34,799
2018 $14,276 $1,324,685 $1,290,568 $34,117
2017 $14,024 $1,298,711 $1,265,262 $33,449
2016 $13,711 $1,273,247 $1,240,453 $32,794
2015 $13,581 $1,254,122 $1,221,820 $32,302
2014 $13,261 $1,229,556 $1,197,886 $31,670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $2,999,900 -3.2% $2,500 / Sq Ft
06/19/2025 06/19/25 Price Changed $3,100,000 -3.1% $2,583 / Sq Ft
05/11/2025 05/11/25 For Sale $3,200,000 0.0% $2,667 / Sq Ft
08/16/2021 08/16/21 Rented $5,900 0.0% --
08/10/2021 08/10/21 For Rent $5,900 0.0% --
05/10/2021 05/10/21 Sold $1,857,375 -2.0% $1,825 / Sq Ft
04/12/2021 04/12/21 For Sale $1,895,000 0.0% $1,861 / Sq Ft
07/08/2012 07/08/12 Rented $2,800 -6.7% --
07/01/2012 07/01/12 Under Contract -- -- --
06/12/2012 06/12/12 For Rent $3,000 0.0% --
05/16/2012 05/16/12 Sold $1,200,000 -2.0% $1,174 / Sq Ft
04/17/2012 04/17/12 For Sale $1,225,000 -- $1,199 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,857,500 Ticor Title
Grant Deed $1,200,000 First American Title Company
Grant Deed $1,580,000 First American Title Co
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Grant Deed $840,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $999,900 Fannie Mae Freddie Mac
Previous Owner $494,000 Stand Alone First
Previous Owner $490,000 No Value Available
Previous Owner $196,000 Unknown
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25104709

California Regional Multiple Listing Service (CRMLS)

APN: 050-162-13