NOT LISTED FOR SALE

Estimated Value: $6,769,000 - $26,511,678

5 Beds
9 Baths
9,478 Sq Ft
$1,756/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $27,000,000 $2,849 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $110,290/month

73 Days on Market

Highlights

  • Private Dock Site
  • Detached Guest House
  • Boat Slip
  • Newport Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • 5-minute walk to West Jetty View Park

About This Home

As of August 2023

Gracing the waterfront of Balboa Peninsula Point, 2112 E Balboa Blvd stands singular even among the great coastal estates — serene, magnificent, and breathtaking in its aesthetic. Observe the finest curation of global influences with imported Italian stone, stunning Mediterranean architecture, and exquisite antique finishes hand-selected throughout. Situated on an extraordinary one-third acre parcel on the bayfront, enjoy sweeping views of the harbor, Corona del Mar, and Newport Coast from nearly every room. Boasting a spacious private yard with landscaping manicured to the highest standards, the outdoor spaces include an infinity pool, outdoor kitchen, entertainment space, and a massive private dock suitable for approximately two 60-foot yachts. The gourmet kitchen features a modern open concept and is equipped to satisfy the most discerning chef. Entertain with charm and sophistication in the spacious subterranean wine room, walk-in cellar, and bar. The oversized master retreat, complete with his-and-hers baths, features private terraces from both the bedroom and attached living room/office. The bonus interior spaces include a home theater, formal dining room, gorgeous office, and an incredibly spacious detached guest house with a master suite, living room, kitchenette, and sauna. Showcasing elegance and grandeur, this palatial residence presents the opportunity to live the iconic Newport Beach lifestyle, sitting directly on the bay with serene coastline views and enjoying the beauty of the California Riviera.

Last Agent to Sell the Property

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 04/19/2023

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Paul Daftarian

Luxe Real Estate License #01317949

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 0.34 Acre Lot
  • Property Fronts a Bay or Harbor
  • Security Fence
  • Stone Wall
  • Privacy Fence
  • New Fence
  • Drip System Landscaping
  • Sprinkler System
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Attached Garage
  • 4 Open Parking Spaces
  • Parking Available

Property Views

  • Bay
  • Harbor
  • City Lights
  • Pool
  • Courtyard

Home Design

  • Custom Home
  • French Architecture
  • Mediterranean Architecture
  • Entry on the 1st floor
  • Turnkey
  • Interior Block Wall
  • Tile Roof
  • Stone Siding

Interior Spaces

  • 9,478 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Custom Window Coverings
  • Double Door Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Theater
  • Home Office
  • Storage
  • Sauna
  • Center Hall
  • Wood Flooring
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Humidity Controlled
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed
  • Customized Wheelchair Accessible
  • More Than Two Accessible Exits
  • Accessible Parking

Pool

  • Heated Infinity Pool
  • Heated Spa
  • Saltwater Pool
  • Waterfall Pool Feature
  • Pool Tile

Outdoor Features

  • Boat Slip
  • Private Dock Site
  • Docks
  • Balcony
  • Tile Patio or Porch
  • Outdoor Fireplace
  • Outdoor Grill

Additional Homes

  • Detached Guest House

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Phone System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 04830111

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Amenities

  • Service Entrance

Recreation

  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2006 | Remodeled

Lot Details

0.34 Acres

Parking

8

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Custom Built, French, Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04830111
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 9478.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Beamed Ceilings, Block Walls, Built-in Features, Cathedral Ceiling(s), Crown Molding, Elevator, High Ceilings, In-Law Floorplan, Open Floorplan, Phone System, Recessed Lighting, Stone Counters, Storage, Wet Bar, Wired for Data, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits, Accessible Elevator Installed, Customized Wheelchair Accessible, Parking
  • Appliances: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, Service Entrance
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Entry Level: 1
  • Fireplace Features: Dining Room, Family Room, Living Room, Master Bedroom, Outside
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Price Per Square Foot: 2848.70
  • Room Type: Basement, Center Hall, Formal Entry, Guest/Maid's Quarters, Home Theatre, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet, Wine Cellar
  • Spa Features: Private, Heated
  • Window Features: Custom Covering, Double Pane Windows, Skylight(s)
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Humidity Controlled, Linen Closet/Storage, Privacy Toilet Door, Remodeled, Separate Tub And Shower, Stone Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House, Guest House Detached, Sauna Private
  • Exterior Features: Barbecue Private, Boat Slip, Dock Private
  • View: Bay, City Lights, Courtyard, Harbor, Pool
  • Fence: Yes
  • Fencing: Excellent Condition, New Condition, Privacy, Security, Stone
  • Patio And Porch Features: Tile
  • Pool Features: Private, Heated, Infinity, Salt Water, Tile, Waterfall
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stone

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Microwave, Range Hood, Refrigerator
  • Electric: 220 Volts, Standard
  • Heating Type: Electric, Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers Drip System
  • Lot Size Sq Ft: 14810.00
  • Lot Size Acres: 0.3400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14810.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Includes Dock

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Jul 7, 2023
Sold by
Nboc Llc
Bought by
2112 East Balba Blvd Llc
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$32,000,000
Sold Price
$27,000,000
Premium/Discount to List
-$5,000,000
-15.62%
Views
533
Current Estimated Value
$16,640,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,359,661
Avg. Annual Appreciation
-17.23%
Original Mortgage
$9,000,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2018
Sold by
Jones Kimberly Moffatt
Bought by
Nboc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 17, 2018
Sold by
Jones Kimbelry Moffatt and Jones Fletcher
Bought by
Jones Kimberly Moffant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 2, 2006
Sold by
Jrr Development Llc
Bought by
Ercole Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,700,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2003
Sold by
Agopian Janis J and Chaisson Ronald L
Bought by
Jrr Development Llc

Purchase Details

Closed on
Jul 3, 2003
Sold by
Chaisson Ronald L
Bought by
Chaisson Ronald L

Purchase Details

Closed on
Apr 7, 2003
Sold by
Chaisson Ronald and Agopian Janis
Bought by
Chaisson Ronald L and Agopian Janis J

Purchase Details

Closed on
May 8, 1997
Sold by
Lefebvre Warren C and Lefebvre Marie O
Bought by
Sechrist James Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1994
Sold by
Lefebvre Jennifer A
Bought by
Lefebvre Channing A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 1994
Sold by
Lefebvre Warren C and Lefebvre Marie France O
Bought by
Lefebvre Warren C and Lefebvre Marie France O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 1994
Sold by
Lefebvre Channing A and Lefebvre Sophie A
Bought by
Lefebvre Warren C and Lefebvre Marie France O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2112 East Balba Blvd Llc $27,000,000 Fidelity National Title
Nboc Llc -- Orange Coast Title Co
Jones Kimberly Moffant -- Orange Coast Title Co
Jones Kimberly Moffatt -- Orange Cosat Titel Co
Ercole Llc -- None Available
Jrr Development Llc $6,100,000 Fidelity National Title Co
Chaisson Ronald L -- --
Chaisson Ronald L -- --
Sechrist James Ronald -- First American Title Ins Co
Lefebvre Channing A -- --
Lefebvre Warren C -- --
Lefebvre Warren C -- Orange Coast Title
Lefebvre Warren C -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2112 East Balba Blvd Llc $9,000,000
Previous Owner Jones Kimberly Moffatt $11,000,000
Previous Owner Ercole Llc $9,700,000
Previous Owner Sechrist James Ronald $1,500,000
Previous Owner Lefebvre Warren C $1,040,000
Closed Sechrist James Ronald $1,804,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2023 08/22/23 Sold $27,000,000 -15.6% $2,849 / Sq Ft
04/19/2023 04/19/23 For Sale $32,000,000 -- $3,376 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $284,490 $27,540,000 $24,151,392 $3,388,608
2024 $284,490 $27,000,000 $23,677,835 $3,322,165
2023 $212,325 $20,217,931 $16,879,807 $3,338,124
2022 $208,843 $19,821,501 $16,548,830 $3,272,671
2021 $204,823 $19,432,845 $16,224,344 $3,208,501
2020 $202,861 $19,233,586 $16,057,984 $3,175,602
2019 $289,894 $27,540,000 $24,586,966 $2,953,034
2018 $194,622 $18,486,723 $15,434,432 $3,052,291
2017 $191,169 $18,124,239 $15,131,796 $2,992,443
2016 $186,842 $17,768,862 $14,835,094 $2,933,768
2015 $185,104 $17,501,958 $14,612,257 $2,889,701
2014 $180,734 $17,159,119 $14,326,023 $2,833,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23046637

California Regional Multiple Listing Service (CRMLS)

APN: 048-301-11

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