$5,600,000
SOLD FEB 18, 2025
3 Beds
5 Baths
2,393 Sq Ft
2,550 Sq Ft Lot

Recently Sold

$2,340 Per Sq Ft

2% Below List Price

25 Days on Market

Highlights

  • New Construction
  • Bay View
  • 2 Car Attached Garage
  • Abraham Lincoln Elementary School Rated A
  • No HOA
  • 4-minute walk to Balboa Island Park

About This Home

As of February 2025

This stunning Cape Cod home, thoughtfully built by Waterpointe Custom Home Builders and designed by Ian Harrison, blends coastal luxury with timeless design in a spacious layout with an elevator connecting all three levels. Enter through a large front patio to a main living area centered around a cozy fireplace, seamlessly opening to a private courtyard with a tranquil fountain and folding doors, creating a perfect indoor-outdoor experience. The chef’s kitchen, featuring Wolf and SubZero appliances, includes a spacious island with bar seating, a large walk-in pantry, and ample room for entertaining. On the second level, the primary suite offers a retreat-like atmosphere with an incredible bathroom, an oversized walk-in closet, and a private balcony, joined by two additional guest suites, one of which is a generous JADU with its own private staircase, a bar area with a sink, refrigerator, elegant tile backsplash, and floating shelves. The rooftop deck crowns this remarkable home, with an expansive indoor area accommodating a seating area, office, or gym setup, complete with a bathroom and ample storage, alongside a covered loggia and a raised open-air seating area with stunning views of the Bay, Fashion Island, and beyond. Situated on a wide street just a few blocks from the ferry, don’t miss out on this incredible opportunity!

Last Agent to Sell the Property

Ryan Gunderson

Arbor Real Estate Brokerage Email: ryan@arborrealestate.com License #01869795 Listed on: 01/03/2025

Arbor Real Estate

Last Buyer's Agent

Ryan Gunderson

Arbor Real Estate Brokerage Email: ryan@arborrealestate.com License #01869795 Listed on: 01/03/2025

Arbor Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 2,550 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • City Lights

Interior Spaces

  • 2,393 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 11
  • Tax Tract Number 100
  • Assessor Parcel Number 05009110
  • $33,000 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05009110
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2393.00 Square Feet
  • Stories: 3
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2340.16
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Bay, City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • 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: 2

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 630.06
  • Tax Lot: 14
  • Tax Tract Number: 100
  • TaxOtherAnnualAssessmentAmount: 33000.00

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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

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $5,600,000 -1.7% $2,340 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
01/03/2025 01/03/25 For Sale $5,695,000 +127.8% $2,380 / Sq Ft
09/09/2022 09/09/22 Sold $2,500,000 0.0% $1,216 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $2,500,000 -- $1,216 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25000545

California Regional Multiple Listing Service (CRMLS)

APN: 050-091-10