NOT LISTED FOR SALE

2116 Balboa Ave Del Mar, CA 92014

Estimated Value: $7,750,000 - $9,563,620

5 Beds
4.5 Baths
5,600 Sq Ft
$1,591/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $8,750,000 $1,562 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $54,790/month

103 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Automatic Gate
  • Del Mar Heights School Rated A+
  • Pool and Spa
  • Maid or Guest Quarters

About This Home

As of December 2022

This extraordinary seaside Villa represents a tremendous value in Olde Del Mar comprised of a sizeable gated residence on an impressive 15,000 sq. ft. parcel, a generous yard with a pool and spa, and awe-inspiring views spanning across the Pacific Ocean to the Del Mar racetrack. This floor plan is a unique opportunity for flexible living spaces and extensive options for its occupants. The main house is ideal for couples, singles or a small family which includes the ocean view master suite with 1,000 sq. ft. view loggia, dual walk-in closets, and a romantic bath. In addition, there is an en suite bedroom plus a 2-story den/office. Outside the main house, and within the loggia, you will find another ocean view bedroom suite (continued). plus an ocean view office/music room (optimized for sound isolation), as well as a separate ocean view en suite bedroom below the pool deck - perfect for guests or kids coming back home! The kitchen is a cook’s dream with custom cabinetry in solid Honduran mahogany, Brazilian granite counter tops, stainless steel appliances, a butler’s pantry, and floor-to-ceiling paneled glass doors that open onto a spacious Cameroon flagstone deck. Enjoy a 2,400 bottle climate-controlled wine room, 4 fireplaces, Venetian plaster walls, imported marble and mahogany wood flooring. The breathtaking yard is surrounded by gracious patios with mature landscaping, a large grassy area, a fire pit, built-in barbecue, vanishing edge pool and spa. Other notable highlights: 3-level security & monitoring system, computer-controlled radiant floor heating throughout, 3 zones of central forced A/C, built-in music system with independent stations, distinctive ceiling designs including custom Venetian plaster ceiling vaults, reclaimed wood beam ceilings, custom-designed solid Honduran mahogany doors, windows & shutters, custom light fixtures, smart wiring, and much more!

Last Agent to Sell the Property

Maxine Gellens

Berkshire Hathaway HomeServices California Properties License #00591299 Listed on: 07/29/2022

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Marti Gellens-Stubbs

Berkshire Hathaway HomeService License #882546

Last Buyer's Agent

Brett Combs

Compass License #01347012

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.34 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Sprinkler System
  • Private Yard
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Automatic Gate

Property Views

  • Ocean
  • Panoramic

Home Design

  • Mediterranean Architecture
  • Clay Roof

Interior Spaces

  • 5,600 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Wine Cellar
  • Living Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Home Office
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Pool and Spa
  • In Ground Pool
  • Gas Heated Pool
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace

Location

  • West of 5 Freeway

Utilities

  • Zoned Heating and Cooling
  • Radiant Heating System
  • Separate Water Meter
  • Water Filtration System
  • Prewired Cat-5 Cables
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 299-072-52-00

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0.34 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Mediterranean/Spanish
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Luzon
  • Neighborhood: Olde Del Mar
  • Supplement: plus an ocean view office/music room (optimized for sound isolation), as well as a separate ocean view en suite bedroom below the pool deck - perfect for guests or kids coming back home! The kitchen is a cook’s dream with custom cabinetry in solid Honduran mahogany, Brazilian granite counter tops, stainless steel appliances, a butler’s pantry, and floor-to-ceiling paneled glass doors that open onto a spacious Cameroon flagstone deck. Enjoy a 2,400 bottle climate-controlled wine room, 4 fireplaces, Venetian plaster walls, imported marble and mahogany wood flooring. The breathtaking yard is surrounded by gracious patios with mature landscaping, a large grassy area, a fire pit, built-in barbecue, vanishing edge pool and spa. Other notable highlights: 3-level security & monitoring system, computer-controlled radiant floor heating throughout, 3 zones of central forced A/C, built-in music system with independent stations, distinctive ceiling designs including custom Venetian plaster ceiling vaults, reclaimed wood beam ceilings, custom-designed solid Honduran mahogany doors, windows & shutters, custom light fixtures, smart wiring, and much more!
  • Estimated Living Space: 5,000 to 7,499 SqFt
  • LP / Sq Ft: 1767.86
  • Price Per Sq Ft: 1562.5
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 1562.5
  • Stories: 3 Story
  • Ownership: Fee Simple
  • Total Stories: 3
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Balcony, Beamed Ceilings, Built-Ins, Kitchen Island, Cathedral-Vaulted Ceiling
  • Flooring: Stone, Wood
  • Equipment Available: Dishwasher, Disposal, Pool/Spa/Equipment, Range/Oven, Refrigerator, Water Filtration
  • Fireplaces: 4
  • Fireplace: Fp In Living Room, Fp In Master Br, Patio/Outdoors
  • Searchable Rooms: Breakfast Area, Den, Dining Room/Separate, Guest Maid, MBR Entry Level, Office, Wine Cellar
  • Total Bedrooms: 5
  • Bedrooms: 4
  • Master Bedroom Dimensions: 22x14
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 5600
  • Total Bathrooms: 5

Exterior Features

  • Fencing: Full, Gate
  • Patio: Balcony, Covered, Stone/Tile
  • Pool: Below Ground
  • Pool Heat: Gas
  • Roof: Tile/Clay
  • Spa: Private w/Pool
  • Spa Heat: Gas
  • View: Ocean, Panoramic
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Gated
  • Parking Spaces Total: 6

Utilities

  • Cooling: Central Forced Air, Zoned Area(s)
  • Laundry Utilities: Electric, Gas
  • Security: Automatic Gate, Eqpt Owned
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Radiant
  • Telecommunications: Cable (coaxial), Computer (cat5)

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: DEL MAR

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: .25 to .5 AC
  • Site: Public Street, Street Paved, West of I-5
  • Zoning: R1
  • Assessor Parcel Number: 299-072-52-00
  • Estimated Lot Sq Ft: 14902
  • Estimated Number of Acres: 0.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Dec 6, 2022
Sold by
Zuker Family Trust
Bought by
2116 Balboa Trust
Seller's Agent
Maxine Gellens
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Brett Combs
Compass
List Price
$9,900,000
Sold Price
$8,750,000
Premium/Discount to List
-$1,150,000
-11.62%
Views
21
Current Estimated Value
$8,910,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,540
Avg. Annual Appreciation
0.56%
Original Mortgage
$5,000,000
Outstanding Balance
$4,837,156
Interest Rate
6.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$4,073,384

Purchase Details

Closed on
Nov 9, 2000
Sold by
Fisher Patricia F
Bought by
Zuker Charles S and Zuker Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,430,000
Interest Rate
8%

Purchase Details

Closed on
Mar 17, 2000
Sold by
Fisher Philip B
Bought by
Fisher Patricia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2116 Balboa Trust $8,750,000 California Title Company
Zuker Charles S $2,200,000 First American Title Ins Co
Fisher Patricia F -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2116 Balboa Trust $5,000,000
Previous Owner Zuker Charles S $1,430,000
Previous Owner Fisher Patricia F $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2022 12/29/22 Sold $8,750,000 -11.6% $1,563 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $9,900,000 -- $1,768 / Sq Ft
Source: San Diego MLS

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 $95,026 $9,103,500 $7,074,720 $2,028,780
2024 $95,026 $8,925,000 $6,936,000 $1,989,000
2023 $92,938 $4,792,843 $2,951,790 $1,841,053
2022 $51,133 $4,792,843 $2,951,790 $1,841,053
2021 $49,241 $4,698,866 $2,893,912 $1,804,954
2020 $49,681 $4,650,686 $2,864,239 $1,786,447
2019 $48,703 $4,559,497 $2,808,078 $1,751,419
2018 $46,542 $4,470,096 $2,753,018 $1,717,078
2017 $45,664 $4,382,448 $2,699,038 $1,683,410
2016 $44,167 $4,296,518 $2,646,116 $1,650,402
2015 $43,503 $4,231,981 $2,606,369 $1,625,612
2014 $42,601 $4,149,083 $2,555,314 $1,593,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220019758

San Diego MLS

APN: 299-072-52

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