2046 E Oceanfront Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $5,115,000 - $11,003,109
4
Beds
5.5
Baths
5,314
Sq Ft
$1,517/Sq Ft
Est. Value
Highlights
- Beach Front
- White Water Ocean Views
- Roof Top Spa
- Newport Elementary School Rated A
- Property has ocean access
- 3-minute walk to West Jetty View Park
About This Home
As of May 2017Serene whitewater views and stunning contemporary architecture combine to present one of the finest waterfront residences ever available along the Newport Beach shoreline. Masterfully conceived by noted designer Ed Lohrbach and sited on a striking oceanfront lot within the prestigious Balboa Peninsula Point neighborhood, this exquisitely appointed home glistens with its tasteful use of glass, steel, and stone. Slab limestone stairs link the home's three principle spaces. Open living, dining and kitchen areas are accented with a soothing palette of bleached English sycamore, honed French limestone, and softly polished ivory plaster walls. Two story Deco-influenced bay window frames the forever view to the sea and adjoins the oceanfront dining terrace and BBQ area. Bathed in light the upstairs master suite and its adjacent solarium sitting room are luxurious and enveloping. Expansive dressing area leads to spa bath with wet room shower and soaking tub with coastline views. Two impressive guest suites afford privacy and indulgence with their use of sumptuous finish materials. Light-filled glass stairway descends to dramatic lower entertaining level replete with large scale media room, office, gym and walk-in wine cellar with adjoining bar. Extraordinary 2000 sft roof top lounge w/ custom spa and a panorama of endless sunset views. A remarkable seaside home that can be enjoyed for years to come and that could not be replicated given today's coastal building code limitations.
Last Agent to Sell the Property
Coldwell Banker Realty License #01892201 Listed on: 01/09/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $130,593
Year Built
- Built in 2005
Lot Details
- 3,200 Sq Ft Lot
- Lot Dimensions are 40x80
- Beach Front
- Paved or Partially Paved Lot
- Level Lot
- Drip System Landscaping
- Front and Back Yard Sprinklers
Parking
- 2 Car Direct Access Garage
- 2 Carport Spaces
- Parking Available
- Single Garage Door
- Garage Door Opener
Property Views
- White Water Ocean
- Coastline
- Panoramic
- City Lights
Home Design
- Contemporary Architecture
- Turnkey
- Flat Roof Shape
- Slab Foundation
- Steel Beams
- Pre-Cast Concrete Construction
- Copper Plumbing
- Stucco
Interior Spaces
- 5,314 Sq Ft Home
- Elevator
- Open Floorplan
- Central Vacuum
- Wired For Sound
- Wired For Data
- Built-In Features
- Bar
- Coffered Ceiling
- High Ceiling
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Insulated Windows
- Custom Window Coverings
- Double Door Entry
- Sliding Doors
- Insulated Doors
- Wine Cellar
- Living Room with Fireplace
- Dining Room
- Home Theater
- Home Office
- Utility Room
- Home Gym
- Basement
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Double Oven
- Six Burner Stove
- Indoor Grill
- Range Hood
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Dressing Area
- Maid or Guest Quarters
Laundry
- Laundry Room
- Laundry in Kitchen
- Dryer
- Washer
Home Security
- Home Security System
- Smart Home
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Roof Top Spa
- Property has ocean access
- Balcony
- Rooftop Deck
- Fireplace in Patio
- Slab Porch or Patio
- Outdoor Fireplace
- Terrace
- Exterior Lighting
- Outdoor Grill
Location
- Urban Location
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Underground Utilities
- Natural Gas Connected
- Central Water Heater
- Water Purifier
- Water Softener
- Phone System
- Cable TV Available
Community Details
- No Home Owners Association
- Built by Mark Falcone
Listing and Financial Details
- Legal Lot and Block 12 / D
- Tax Tract Number 518
- Assessor Parcel Number 04826219
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2017
Closed on
May 17, 2017
Sold by
Michael F Mucnch 1990 Living Trust
Bought by
Purple Sage Nb Llc
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$11,400,000
Sold Price
$10,875,000
Premium/Discount to List
-$525,000
-4.61%
Total Days on Market
126
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,815,945
Avg. Annual Appreciation
-2.50%
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Purple Sage Nb Llc | $10,875,000 | Chicago Title Company |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2017 05/17/17 | Sold | $10,875,000 | -4.6% | $2,046 / Sq Ft |
| 05/15/2017 05/15/17 | Pending | -- | -- | -- |
| 01/09/2017 01/09/17 | For Sale | $11,400,000 | -- | $2,145 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $130,593 | $12,373,893 | $10,524,480 | $1,849,413 |
| 2023 | $127,552 | $12,131,268 | $10,318,118 | $1,813,150 |
| 2022 | $125,459 | $11,893,400 | $10,115,801 | $1,777,599 |
| 2021 | $123,045 | $11,660,197 | $9,917,452 | $1,742,745 |
| 2020 | $121,866 | $11,540,637 | $9,815,761 | $1,724,876 |
| 2019 | $119,310 | $11,314,350 | $9,623,295 | $1,691,055 |
| 2018 | $116,920 | $11,092,500 | $9,434,602 | $1,657,898 |
| 2017 | $30,715 | $2,891,032 | $1,413,322 | $1,477,710 |
| 2016 | $30,022 | $2,834,346 | $1,385,610 | $1,448,736 |
| 2015 | $29,740 | $2,791,772 | $1,364,797 | $1,426,975 |
| 2014 | $29,037 | $2,737,086 | $1,338,063 | $1,399,023 |
Source: Public Records
Agents Affiliated with this Home
-
Tara Shapiro
Seller's Agent in 2017
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
40 in this area
95 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP17005196
APN: 048-262-19
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