$12,995,000
$905K PRICE DROP

Estimated payment $76,326/month

Total Views 279,222
3 Beds
3.5 Baths
3,307 Sq Ft
$3,930 Price per Sq Ft

Highlights

  • Beach Front
  • Ocean View
  • Updated Kitchen
  • Newport Elementary School Rated A
  • Fishing
  • 1-minute walk to West Jetty View Park

About This Home

Welcome to a coastal masterpiece where every detail has been thoughtfully designed for a life of refined ease. This James Kincannon estate, reimagined by acclaimed designer Becki Owens, sits gracefully on approximately 40 feet of pristine beachfront—completely free of intrusive boardwalks so that the spellbinding views of “The Wedge,” the vast ocean, Catalina, and unforgettable sunsets remain exclusively yours.

From the moment you arrive, the home’s renewed facade welcomes you with its luminous, smooth stucco exterior, warm hardwood flooring, and an exquisitely crafted custom height garage door. Step inside to discover a space where every nuance speaks to a sophisticated, yet human, sensibility. In the open, airy living area, expansive floor-to-ceiling Western accordion doors blur the line between the sumptuous interior and the tranquil patio living, inviting the coastal beauty right into your daily life. Let the tech-savy feel right at home with Control4 home automation.

The heart of this 3-bedroom, 3.5-bath sanctuary is its gourmet kitchen—complete with striking slab Calcutta quartz waterfall countertops and top-tier Viking Pro 8 burner stove top and appliances—where intimate gatherings become a celebration of both flavor and style. Venture upward to the private second level, where each bedroom is a retreat in its own right, including two indulgent en suites. The master suite, in particular, is a private haven featuring dramatic glass walls that frame the ever-changing seascape, a secluded deck, and a spa-inspired bath with a book-matched Calacatta Gold Borghini marble shower and a freestanding tub designed for pure relaxation.

Every element of this home is curated with the discerning buyer in mind—from a beautifully appointed double-set laundry room to a 360-degree rooftop deck perfect for sunset soirees, Dine al fresco with your Memphis Elite BBQ and take that outdoor shower after a surf session that echoes the casual luxury of beachside living. This is not just a residence; it’s a personal invitation to experience coastal living at its most elegant and human, tailored for those who appreciate the extraordinary.

Listing Agent

Paul Daftarian

Luxe Real Estate License #01317949 Listed on: 03/30/2025

Co-Listing Agent

Victor Jimenez

Luxe Real Estate License #01715970

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $89,164

Year Built

  • Built in 1980

Lot Details

  • 3,200 Sq Ft Lot
  • Beach Front
  • Property fronts an alley
  • Fenced
  • Stucco Fence
  • Fence is in good condition
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • 1 Carport Space
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • Back Bay
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Fire Rated Drywall
  • Plaster

Interior Spaces

  • 3,307 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Double Pane Windows
  • Family Room with Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Double Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Viking Appliances
  • Quartz Countertops
  • Self-Closing Drawers

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Freestanding Bathtub
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Home Security System
  • Security Lights
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Deck
  • Tile Patio or Porch
  • Outdoor Grill

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage
  • Tankless Water Heater
  • Water Purifier
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / E
  • Tax Tract Number 518
  • Assessor Parcel Number 04828227
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Recreation

  • Fishing
  • Water Sports
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$89,164

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 949.922.5125
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire and Smoke Detection System, Security Lights, Security System, Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04828227
  • Year Built: 1980
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3307.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, High Ceilings, Home Automation System, Open Floorplan, Quartz Counters, Wired for Data, Wired for Sound
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3929.54
  • Room Type: All Bedrooms Up, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Double Sinks In Primary Bath, Quartz Counters, Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Satellite Dish
  • View: Back Bay, Bay, Catalina, City Lights, Coastline, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Good Condition, Stucco Wall
  • Patio And Porch Features: Deck, Patio Open, Tile
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls, Plaster

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Carport, Direct Garage Access, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Double Oven, Microwave, Refrigerator, Tankless Water Heater, Water Purifier
  • Electric: 220 Volts in Garage
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Hiking, Watersports

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • 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
  • Land Lease Purchase: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3200.00
  • Lot Size Acres: 0.0735

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3200.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Front

Tax Info

  • Tax Block: E
  • Tax Census Tract: 628.00
  • Tax Lot: 9
  • Tax Tract Number: 518

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $89,164 $8,605,335 $8,016,340 $588,995
2024 $89,164 $8,436,603 $7,859,156 $577,447
2023 $87,087 $8,271,180 $7,705,055 $566,125
2022 $79,282 $7,502,980 $6,932,629 $570,351
2021 $77,757 $7,355,863 $6,796,695 $559,168
2020 $76,982 $7,277,598 $6,727,004 $550,594
2019 $75,371 $7,134,900 $6,595,101 $539,799
2018 $13,306 $1,239,374 $805,506 $433,868
2017 $13,070 $1,215,073 $789,712 $425,361
2016 $12,777 $1,191,249 $774,228 $417,021
2015 $12,654 $1,173,356 $762,599 $410,757
2014 $12,355 $1,150,372 $747,661 $402,711
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Price Changed $12,995,000 -6.5% $3,930 / Sq Ft
03/30/2025 03/30/25 For Sale $13,900,000 +74.8% $4,203 / Sq Ft
12/31/2020 12/31/20 Sold $7,950,000 -6.4% $2,415 / Sq Ft
06/17/2020 06/17/20 For Sale $8,495,000 +21.4% $2,580 / Sq Ft
06/06/2018 06/06/18 Sold $6,995,000 -6.1% $2,125 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $7,450,000 -- $2,263 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $7,950,000 Chicago Title
Grant Deed $6,995,000 Lawyers Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,372,500 New Conventional
Previous Owner $426,562 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Paul Daftarian

Luxe Real Estate

(949) 990-6431

Section Image

Paul Daftarian, co-founder, and principal of the Daftarian Group has forged a sterling reputation for luxury real estate sales representation throughout Southern California over a career that spans more than fifteen years. An agent of choice for discerning clients – ranging from first-time buyers to sophisticated investors – Paul is known for his extensive expertise and six-star service. Today, Paul focuses his practice on the most exclusive enclaves in coastal orange county.

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25068886

California Regional Multiple Listing Service (CRMLS)

APN: 048-282-27