$3,069,774 - $4,567,000
RENTED MAR 12, 2025
3 Beds
3 Baths
1,381 Sq Ft
$2,796 Price per Sq Ft

About This Home

This single-family home is just steps from the sand in the highly sought-after Balboa Peninsula Point neighborhood. Offering 3 spacious bedrooms and 2 bathrooms, this beach house features two inviting outdoor patios and a large, private rooftop deck—perfect for relaxing and enjoying ocean breezes. With its prime location, you're only moments away from both the beach and Newport’s scenic bayfront, ideal for paddleboarding, kayaking, or simply enjoying waterfront views. Nestled on the iconic Balboa Peninsula, this home provides one of the best spots for coastal living.

Inside, the open-concept great room boasts a stone fireplace and vaulted ceilings, creating a bright and airy atmosphere with brand new luxury vinyl plank flooring throughout. The recently updated kitchen is equipped with brand-new stainless steel appliances, sleek shaker cabinetry, and a cozy breakfast nook. Just off the kitchen, a convenient utility room comes with an included washer and dryer. The three bedrooms are located down the hall, two of which, offer direct access to each full bathroom.

Additional amenities include direct access to a single-car garage and an outdoor shower, perfect for rinsing off after a day at the beach.

The home is unfurnished and ready for long-term tenants with a 12-month lease.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2009
Sold by
Morse Kathleen Ann
Bought by
Morse Bradley Scott and Morse Kathleen Ann
Current Estimated Value
$3,861,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
5.02%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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 Buyer Sale Price Title Company
Morse Bradley Scott -- None Available
Morse Kathleen Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Morse Kathleen Ann $780,000
Closed Herron John R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Rented $6,100 -3.1% --
02/05/2025 02/05/25 Price Changed $6,295 -3.1% $5 / Sq Ft
12/31/2024 12/31/24 For Rent $6,495 +20.3% --
07/07/2022 07/07/22 Rented $5,400 0.0% --
06/13/2022 06/13/22 Under Contract -- -- --
06/06/2022 06/06/22 For Rent $5,400 +10.2% --
07/01/2021 07/01/21 Rented $4,900 0.0% --
06/28/2021 06/28/21 Under Contract -- -- --
06/02/2021 06/02/21 For Rent $4,900 0.0% --
05/22/2021 05/22/21 Off Market $4,900 -- --
05/19/2021 05/19/21 For Rent $4,900 0.0% --
05/18/2021 05/18/21 Off Market $4,900 -- --
05/16/2021 05/16/21 For Rent $4,900 0.0% --
05/07/2021 05/07/21 Off Market $4,900 -- --
04/21/2021 04/21/21 For Rent $4,900 +19.5% --
08/30/2017 08/30/17 Rented $4,100 0.0% --
08/16/2017 08/16/17 Under Contract -- -- --
07/08/2017 07/08/17 Price Changed $4,100 -3.5% $3 / Sq Ft
06/15/2017 06/15/17 For Rent $4,250 +3.7% --
07/01/2016 07/01/16 Rented $4,100 +2.6% --
06/10/2016 06/10/16 Price Changed $3,995 -7.1% $3 / Sq Ft
05/01/2016 05/01/16 For Rent $4,300 -- --

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
2024 $1,662 $120,586 $74,423 $46,163
2023 $1,619 $118,222 $72,964 $45,258
2022 $1,588 $115,904 $71,533 $44,371
2021 $1,560 $113,632 $70,131 $43,501
2020 $1,544 $112,467 $69,412 $43,055
2019 $1,519 $110,262 $68,051 $42,211
2018 $1,492 $108,100 $66,716 $41,384
2017 $1,467 $105,981 $65,408 $40,573
2016 $1,438 $103,903 $64,125 $39,778
2015 $1,422 $102,343 $63,162 $39,181
2014 $1,389 $100,339 $61,925 $38,414
Source: Public Records

Agents Affiliated with this Home

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