Landlord's Agent in 2026
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
37 in this area
88 Total Sales
2144 E Oceanfront Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $6,773,000 - $9,063,038
3
Beds
3.5
Baths
3,715
Sq Ft
$2,036/Sq Ft
Est. Value
Highlights
- Beach Front
- White Water Ocean Views
- Fishing
- Newport Elementary School Rated A
- Roof Top Spa
- 1-minute walk to West Jetty View Park
About This Home
As of January 2026Uncluttered organic contemporary interiors and stunning architectural detail combine in one of the finest waterfront homes in Newport Beach. Just steps to the infamous "Wedge" - with water views from every angle - this furnished oceanfront lease opportunity is being offered for the first time. The light, bright, open floor plan is perfect for everyday living and seaside entertaining on any scale. Large sliding glass panels open to the sand for the ultimate indoor-outdoor beachfront lifestyle experience. The gourmet kitchen includes Sub-Zero and Viking appliances, concrete counters, and dual sinks. A focal point of the home, a dramatic, sculptural open stairwell of steel and glass is bathed with light from the atrium skylight above. Upstairs the expansive primary suite with sitting area, spa bath with wet room, and walk-in dressing room are highlighted by seamless walls of glass and sensational whitewater views. Two additional spacious guest areas with en-suite baths can be found on the home's second level A stunning rooftop deck with spa and fire pit capture 360-degree views of the coastline, city lights and spectacular sunsets over Catalina. The oversized two car garage and laundry room with doggie wash area complete the offering. An architecturally award-winning home in the prestigious seaside enclave of Balboa Peninsula Point that is turn-key ready for a flexible term lease.
Last Agent to Rent the Property
Coldwell Banker Realty Brokerage Phone: 949-478-7781 License #01892201 Listed on: 03/25/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 2002
Lot Details
- 3,280 Sq Ft Lot
- Lot Dimensions are 40x82
- Beach Front
- Rectangular Lot
Parking
- 2 Car Direct Access Garage
- Parking Available
- Rear-Facing Garage
- Single Garage Door
Property Views
- White Water Ocean
- Coastline
- Bay
- Catalina
- Panoramic
- City Lights
- Neighborhood
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Steel Beams
- Pre-Cast Concrete Construction
Interior Spaces
- 3,715 Sq Ft Home
- 2-Story Property
- Furnished
- High Ceiling
- Skylights
- Fireplace With Gas Starter
- Insulated Doors
- Family Room Off Kitchen
- Living Room with Fireplace
- Formal Dining Room
Kitchen
- Updated Kitchen
- Open to Family Room
- Self-Cleaning Oven
- Six Burner Stove
- Built-In Range
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Viking Appliances
- Kitchen Island
- Stone Countertops
- Pots and Pans Drawers
- Disposal
Flooring
- Wood
- Stone
- Concrete
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom Retreat
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Stone Bathroom Countertops
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Roof Top Spa
- Above Ground Spa
Outdoor Features
- Open Patio
- Outdoor Fireplace
- Exterior Lighting
- Rooftop Access
Location
- Urban Location
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Sewer Paid
Listing and Financial Details
- Security Deposit $100,000
- Rent includes sewer, trash collection
- Available 4/1/25
- Legal Lot and Block 12 / E
- Tax Tract Number 518
- Assessor Parcel Number 04828225
Community Details
Overview
- No Home Owners Association
- Built by GALLO BUILDERS
- Balboa Peninsula Point Subdivision
Recreation
- Fishing
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2020
Closed on
Aug 6, 2020
Sold by
2144 Ocean Llc
Bought by
Schaper Ryan
Seller's Agent
Devin Lucas
Coldwell Banker Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$8,800,000
Sold Price
$8,110,000
Premium/Discount to List
-$690,000
-7.84%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$545,321
Avg. Annual Appreciation
-1.26%
Original Mortgage
$4,400,000
Outstanding Balance
$3,903,109
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$3,661,570
Purchase Details
Listed on
Dec 16, 2014
Closed on
Apr 10, 2015
Sold by
Abascon Properties Inc
Bought by
2144 Ocean Llc
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$8,695,000
Sold Price
$8,000,000
Premium/Discount to List
-$695,000
-7.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.26%
Purchase Details
Closed on
May 26, 2010
Sold by
True Alan Lynn and True Twila Nadine
Bought by
Abascon Properties Inc
Purchase Details
Closed on
Jul 28, 2009
Sold by
True Alan and True Twila
Bought by
True Alan Lynn and True Twila Nadine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,310,000
Interest Rate
4.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 16, 2007
Sold by
True Alan Lynn and True Twila Nadine
Bought by
True Alan and True Twila
Purchase Details
Closed on
Jan 29, 2007
Sold by
Rk Balboa Ll
Bought by
True Alan Lynn and True Twila Nadine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,225,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 24, 2006
Sold by
Knight L Randy
Bought by
Rk Balboa Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 1, 2005
Sold by
Rk Balboa Llc
Bought by
Knight L Randy and R K Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 25, 2000
Sold by
Knight L Randy & R K Trust
Bought by
Rk Balboa Llc
Purchase Details
Closed on
May 7, 1997
Sold by
Mitchell Lee Trust
Bought by
Knight L Randy and The R K Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schaper Ryan | $8,110,000 | Lawyers Title Company | |
| 2144 Ocean Llc | $8,000,000 | First American Title | |
| Abascon Properties Inc | $9,800,000 | Chicago Title Insurance | |
| True Alan Lynn | -- | Lawyers Title Company | |
| True Alan | -- | None Available | |
| True Alan Lynn | -- | Fidelity National Title Co | |
| Rk Balboa Llc | -- | Fidelity National Title Co | |
| Knight L Randy | -- | Fidelity National Title | |
| Rk Balboa Llc | -- | Chicago Title Co | |
| Knight L Randy | -- | -- | |
| Knight L Randy | $1,400,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schaper Ryan | $4,400,000 | |
| Closed | Schaper Ryan | $4,400,000 | |
| Previous Owner | True Alan Lynn | $5,310,000 | |
| Previous Owner | True Alan Lynn | $5,225,000 | |
| Previous Owner | Rk Balboa Llc | $950,000 | |
| Previous Owner | Knight L Randy | $3,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/14/2026 01/14/26 | Rented | $45,000 | -10.0% | -- | |
| 05/13/2025 05/13/25 | Price Changed | $50,000 | -28.6% | $13 / Sq Ft | |
| 03/25/2025 03/25/25 | For Rent | $70,000 | 0.0% | -- | |
| 08/11/2020 08/11/20 | Sold | $8,110,000 | -7.8% | $2,191 / Sq Ft | View Prior Sale |
| 05/14/2020 05/14/20 | For Sale | $8,800,000 | +10.0% | $2,377 / Sq Ft | |
| 05/18/2015 05/18/15 | Sold | $8,000,000 | -8.0% | $2,153 / Sq Ft | View Prior Sale |
| 04/25/2015 04/25/15 | Pending | -- | -- | -- | |
| 12/16/2014 12/16/14 | For Sale | $8,695,000 | 0.0% | $2,341 / Sq Ft | |
| 08/01/2013 08/01/13 | Rented | $27,500 | -5.2% | -- | |
| 07/15/2013 07/15/13 | Under Contract | -- | -- | -- | |
| 05/15/2013 05/15/13 | For Rent | $29,000 | +107.1% | -- | |
| 02/05/2012 02/05/12 | Rented | $14,000 | +21.7% | -- | |
| 02/05/2012 02/05/12 | Under Contract | -- | -- | -- | |
| 10/26/2011 10/26/11 | For Rent | $11,500 | -- | -- |
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 | $89,184 | $8,614,427 | $7,540,852 | $1,073,575 |
| 2024 | $89,184 | $8,445,517 | $7,392,992 | $1,052,525 |
| 2023 | $87,105 | $8,279,919 | $7,248,031 | $1,031,888 |
| 2022 | $85,673 | $8,117,568 | $7,105,913 | $1,011,655 |
| 2021 | $84,023 | $7,958,400 | $6,966,581 | $991,819 |
| 2020 | $92,922 | $8,791,512 | $7,692,574 | $1,098,938 |
| 2019 | $90,975 | $8,619,130 | $7,541,739 | $1,077,391 |
| 2018 | $89,153 | $8,450,128 | $7,393,862 | $1,056,266 |
| 2017 | $87,572 | $8,284,440 | $7,248,885 | $1,035,555 |
| 2016 | $85,593 | $8,122,000 | $7,106,750 | $1,015,250 |
| 2015 | $110,954 | $10,477,941 | $9,512,860 | $965,081 |
| 2014 | $108,334 | $10,272,693 | $9,326,516 | $946,177 |
Source: Public Records
Agents Affiliated with this Home
-
Tara Shapiro
-
Joshua Altman
Tenant's Agent in 2026
Joshua Altman
Douglas Elliman of California
(323) 610-0231
5 in this area
501 Total Sales
-
Matthew J. Altman
Buyer Co-Listing Agent in 2026
Matthew J. Altman
Douglas Elliman of California, Inc.
(323) 791-9398
3 in this area
173 Total Sales
-
Devin Lucas
Seller's Agent in 2020
Devin Lucas
Coldwell Banker Realty
(949) 717-6000
31 Total Sales
-
Courtney Lucas
Seller Co-Listing Agent in 2020
Courtney Lucas
Coldwell Banker Realty
(949) 478-1623
27 Total Sales
-
Kim Bibb
Seller's Agent in 2012
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
50 in this area
119 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25065327
APN: 048-282-25
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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