$14,850,000
SOLD DEC 2, 2020
4 Beds
7 Baths
7,199 Sq Ft
0.34 Acres

Recently Sold

$2,063 Per Sq Ft

26% Below List Price

248 Days on Market

Highlights

  • Ocean View
  • Docks
  • In Ground Pool
  • Newport Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • 0.34 Acre Lot

About This Home

As of March 2024

2104 East Balboa Boulevard presents a truly unprecedented opportunity to build your dream residence in one of Southern California’s most coveted locations. Situated on one of the largest lots on Peninsula Point, the property boasts sweeping views of the ocean and harbor, with close proximity to the wedge and some of the world’s best beaches. Plans for an iconic, contemporary work of architecture by Hudgins Design Group have already been approved by the Coastal Commission. These plans describe a residence that optimizes both the large lot and bayfront location — a multi-leveled estate with a subterranean garage, home theatre, rooftop deck, and 73-foot boat dock. Home to some of the world’s most discerning purveyors of luxury, Newport Beach offers the greatest combination of modern Southern California living — blessed with picturesque beaches, breathtaking sunsets, and a welcoming community, all encompassed in the perfect climate and natural beauty of the California Riviera. Representing the best of both worlds, this property offers a coveted bayfront Peninsula Point location, yet is only minutes from coastal Orange County’s best world-class dining, shopping, and five-star resorts. Welcome to your personal paradise.

Last Agent to Sell the Property

John Stanaland

DOUGLAS ELLIMAN OF CALIFORNIA, INC. License #01223768 Listed on: 03/18/2020

DOUGLAS ELLIMAN OF CALIFORNIA, INC.

Last Buyer's Agent

Robert Giem

Plus Real Estate License #01082750

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $166,210

Year Built

  • Built in 1975

Lot Details

  • 0.34 Acre Lot
  • Property Fronts a Bay or Harbor
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Panoramic

Home Design

  • Spanish Architecture
  • Mediterranean Architecture

Interior Spaces

  • 7,199 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 7 Full Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits

Pool

  • In Ground Pool
  • Above Ground Spa

Outdoor Features

  • Docks
  • Patio
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 7001
  • Assessor Parcel Number 04824036

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$166,210

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Mediterranean, Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04824036
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7199.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2062.79
  • Room Type: Entry, Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Spa Features: Above Ground

Exterior Features

  • Patio: Yes
  • View: Coastline, Harbor, Ocean, Panoramic, Water
  • Patio And Porch Features: Patio
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 15000.00
  • Lot Size Acres: 0.3444

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15000.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Includes Dock

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 2
  • Tax Tract Number: 07001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Jan 25, 2024
Sold by
Brighton Road Investments Llc
Bought by
Burcher Family Trust and Burcher
Seller's Agent
Robert Giem
Plus Real Estate
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$30,000,000
Sold Price
$25,050,000
Premium/Discount to List
-$4,950,000
-16.5%
Views
6
Current Estimated Value
$16,819,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,230,681
Avg. Annual Appreciation
-33.80%
Original Mortgage
$13,777,500
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2020
Closed on
Nov 30, 2020
Sold by
Panic Milan and Milan Panic Family Trust
Bought by
Brighton Road Investments Llc
Seller's Agent
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Buyer's Agent
Robert Giem
Plus Real Estate
List Price
$19,995,000
Sold Price
$14,850,000
Premium/Discount to List
-$5,145,000
-25.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.23%

Purchase Details

Closed on
Jan 8, 2014
Sold by
Panic Milan
Bought by
Panic Milan and Milan Panic Family Trust

Purchase Details

Closed on
Sep 3, 2004
Sold by
Panic Milan
Bought by
Panic Milan and Milan Panic Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,400,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2003
Sold by
Panic Sally A
Bought by
Panic Milan and Milan Panic Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 29, 2002
Sold by
Panic Milan
Bought by
Panic Milan and The Milan Family Trust

Purchase Details

Closed on
Oct 4, 1999
Sold by
Panic Milan
Bought by
Weckwerth Vivian

Purchase Details

Closed on
Dec 14, 1998
Sold by
Sally Panic
Bought by
Panic Sally A and Sally A Panic Separate Property Revocabl
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $25,050,000 Lawyers Title Company
Grant Deed $25,050,000 Lawyers Title Company
Grant Deed $14,850,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- United Title Company Orange
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Quit Claim Deed -- Orange Coast Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $13,777,500 New Conventional
Previous Owner $6,419,640 Adjustable Rate Mortgage/ARM
Previous Owner $4,483,500 New Conventional
Previous Owner $4,455,000 New Conventional
Previous Owner $5,701,800 New Conventional
Previous Owner $3,000,000 Unknown
Previous Owner $6,000,000 New Conventional
Previous Owner $4,400,000 New Conventional
Previous Owner $2,000,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2024 03/18/24 Sold $25,050,000 -16.5% $3,480 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $30,000,000 +102.0% $4,167 / Sq Ft
12/02/2020 12/02/20 Sold $14,850,000 -17.5% $2,063 / Sq Ft
08/27/2020 08/27/20 Price Changed $17,995,000 -10.0% $2,500 / Sq Ft
03/18/2020 03/18/20 For Sale $19,995,000 -- $2,777 / 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 $166,210 $25,551,000 $24,065,590 $1,485,410
2024 $166,210 $15,758,938 $14,477,907 $1,281,031
2023 $162,342 $15,449,940 $14,194,027 $1,255,913
2022 $159,679 $15,147,000 $13,915,712 $1,231,288
2021 $156,606 $14,850,000 $13,642,854 $1,207,146
2020 $47,608 $4,487,586 $3,413,695 $1,073,891
2019 $46,614 $4,399,595 $3,346,760 $1,052,835
2018 $45,682 $4,313,329 $3,281,137 $1,032,192
2017 $44,873 $4,228,754 $3,216,801 $1,011,953
2016 $43,860 $4,145,838 $3,153,727 $992,111
2015 $43,451 $4,083,564 $3,106,355 $977,209
2014 $42,020 $3,965,018 $3,045,505 $919,513
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG20059570

California Regional Multiple Listing Service (CRMLS)

APN: 048-240-36