$7,950,000
SOLD DEC 31, 2020
3 Beds
3.5 Baths
3,292 Sq Ft
3,200 Sq Ft Lot

Recently Sold

$2,415 Per Sq Ft

6% Below List Price

168 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Primary Bedroom Suite
  • Newport Elementary School Rated A
  • Rooftop Deck
  • 1-minute walk to West Jetty View Park

About This Home

As of December 2020

Exhilarating views of “The Wedge”, ocean, Catalina, and sunsets abound from this James Kincannon estate completely reimagined with a coastal contemporary design by celebrated designer, Becki Owens. Situated at the sand’s edge with approximately 40 feet of frontage and no pedestrian boardwalk to compromise its views or privacy, the home leans into its open-concept layout with floor-to-ceiling Western accordion doors systems that effortlessly blend the luxe interior and patio living. Upon arrival, a refreshed façade introduces the light and bright aesthetic with smooth stucco exterior, hardwood flooring and a custom garage door. Bespoke appointments are evident throughout the 3-bedroom, 3.5-bathroom residence including a mix of black, bronze and brass fixtures. A gourmet kitchen with slab waterfall countertops and premium appliances overlooks the main level common areas while flowing into a formal dining area backed by the glistening sea. On the second level awaits all bedrooms, two of which are en suite. The master suite is a sight to behold with walls of glass overlooking the coast, private deck and spa-bath featuring book-matched slab marble shower and freestanding tub. Completing the residence are a beautifully appointed laundry room, a 360-degree-view rooftop deck, outdoor shower and a premier beach front location.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 06/17/2020

Coldwell Banker Realty

Last Buyer's Agent

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 06/17/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $89,164

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 3,200 Sq Ft Lot
  • Beach Front
  • Level Lot

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space
  • 1 Carport Space
  • Parking Available

Property Views

  • White Water Ocean
  • Coastline
  • Harbor
  • Views of a pier
  • Catalina
  • Panoramic
  • Views of a landmark
  • Neighborhood

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,292 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Recessed Lighting
  • Entryway
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Storage
  • Laundry Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Multiple Shower Heads

Outdoor Features

  • Rooftop Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$89,164

Year Built

Built in 1980 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04828227
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3292.00 Square Feet
  • Interior Amenities: Open Floorplan, Recessed Lighting, Storage, Wet Bar
  • Stories: 2
  • 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
  • Fireplace Features: Great Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2414.95
  • Room Type: Entry, Kitchen, Laundry, Living Room, Master Suite
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Privacy Toilet Door, Quartz Counters, Vanity Area
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Harbor, Landmark, Neighborhood, Ocean, Panoramic, Pier, Water, White Water
  • Patio And Porch Features: Deck, Patio, Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Range Hood, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: 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: Curbs, Sidewalks

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
  • Lot Features: Level with Street
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Dec 3, 2020
Sold by
Manhattan West Real Estate Spv Vi Lp
Bought by
Brown Gregory Paul and Gregory Paul Brown Trust
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Tim Smith
Coldwell Banker Realty
List Price
$8,495,000
Sold Price
$7,950,000
Premium/Discount to List
-$545,000
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.81%
Original Mortgage
$4,372,500
Outstanding Balance
$3,833,525
Interest Rate
1.75%
Mortgage Type
New Conventional
Estimated Equity
$3,817,517

Purchase Details

Listed on
Apr 5, 2018
Closed on
May 18, 2018
Sold by
Poole David A
Bought by
Manhattan West Real Estate Spv Vi Lp
Seller's Agent
Evan Corkett
Pacific Sotheby's Int'l Realty
Buyer's Agent
NEIL TURNER
POINTE REAL ESTATE INC.
List Price
$7,450,000
Sold Price
$6,995,000
Premium/Discount to List
-$455,000
-6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$426,562
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 1995
Sold by
Spurzem Richard H
Bought by
Spurzem Richard H and The 1995 Richard H Spurzem Revocable Tr

Purchase Details

Closed on
Dec 22, 1994
Sold by
Spurzem Richard H
Bought by
Spurzem Richard H
Source: Public Records

Range of Values:

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Average Value
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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 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

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)

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 $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

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20112974

California Regional Multiple Listing Service (CRMLS)

APN: 048-282-27