$6,000,000
SOLD OCT 24, 2014
4 Beds
4 Baths
3,500 Sq Ft
3,400 Sq Ft Lot

Recently Sold

$1,714 Per Sq Ft

43% Above List Price

227 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Open Floorplan
  • Newport Elementary School Rated A
  • Custom Home
  • 1-minute walk to West Jetty View Park

About This Home

As of October 2024

BALBOA PENINSULA POINT OCEAN FRONT. Located on the finest beach Newport Beach has to offer, just a few doors from the world famous Wedge. This 4 bedroom, 4 bath home with loft and rooftop deck is now available for the first time in 45 years. Open floor plan with spectacular ocean, sunset, Catalina Island and coastline views. Open floor plan provides for both freat family living and entertaining.

Last Agent to Sell the Property

Stephen Sutherland

McMonigle Group Corp License #01063950 Listed on: 09/10/2013

McMonigle Group Corp

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $161,744

Year Built

  • Built in 1990

Lot Details

  • 3,400 Sq Ft Lot
  • Beach Front
  • Property fronts an alley
  • South Facing Home

Parking

  • 2 Car Direct Access Garage
  • 2 Carport Spaces
  • Parking Available

Property Views

  • White Water Ocean
  • Coastline
  • Back Bay
  • Harbor
  • Views of a pier
  • Catalina
  • Panoramic
  • City Lights
  • Mountain
  • Hills

Home Design

  • Custom Home
  • Split Level Home
  • Spanish Tile Roof

Interior Spaces

  • 3,500 Sq Ft Home
  • Open Floorplan
  • Dual Staircase
  • Two Story Ceilings
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room with Fireplace
  • Library with Fireplace
  • Wood Flooring
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Multi-Level Bedroom
  • 4 Full Bathrooms

Additional Features

  • Balcony
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 518
  • Assessor Parcel Number 04828223

Home Details

Home Type

Single Family

Est. Annual Taxes

$161,744

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04828223
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3500.00
  • Interior Amenities: 2 Staircases, Balcony, High Ceilings, Living Room Deck Attached, Open Floorplan, Two Story Ceilings
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Dining Room, Library, Living Room, Master Bedroom
  • Levels: Multi/Split
  • Price Per Square Foot: 1714.29
  • Room Type: Multi-Level Bedroom

Exterior Features

  • Direction Faces: South
  • View: Bay, Back Bay, Catalina, City Lights, Coastline, Harbor, Hills, Mountain(s), Ocean, Panoramic, Pier, Water, White Water
  • Pool Private: No
  • Roof: Spanish Tile

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Direct Garage Access, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 3400.00
  • Lot Size Acres: 0.0780

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3400.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Front

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 26, 2024
Sold by
Edward D Smith 2000 Living Trust and Smith Edward D
Bought by
43 Dolphin Llc
Seller's Agent
Jim West
Coldwell Banker Realty
Buyer's Agent
Joshua Altman
Douglas Elliman of California
List Price
$15,495,000
Sold Price
$14,700,000
Premium/Discount to List
-$795,000
-5.13%
Views
157
Current Estimated Value
$10,953,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,746,736
Avg. Annual Appreciation
-23.19%

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 7, 2021
Sold by
Skydweller Llc
Bought by
Smith Edward D and Smith Shauna H
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Jim West
Coldwell Banker Realty
List Price
$14,995,000
Sold Price
$14,450,000
Premium/Discount to List
-$545,000
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.52%

Purchase Details

Listed on
May 29, 2019
Closed on
Jun 30, 2019
Sold by
Previti James L
Bought by
Skydweller Llc
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Patricia Pilster
Era Trotter Vogel Realty
List Price
$11,495,000
Sold Price
$11,250,000
Premium/Discount to List
-$245,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%

Purchase Details

Closed on
May 8, 2014
Sold by
Yunker James A and Yunker James A
Bought by
Previti James L

Purchase Details

Closed on
Sep 20, 2005
Sold by
Yunker James A and Yunker James A
Bought by
Yunker James A and Yunker James A

Purchase Details

Closed on
May 2, 2003
Sold by
Yunker James Arthur
Bought by
Yunker James A and Yunker James A
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 $15,000,000 Orange Coast Title Company
Grant Deed $15,000,000 Orange Coast Title Company
Grant Deed $14,450,000 First Amer Ttl Co Res Div
Grant Deed $14,450,000 First Amer Ttl Co Res Div
Grant Deed $11,250,000 Orange Coast Title Company
Grant Deed $11,250,000 Orange Coast Title Company
Grant Deed $5,850,000 California Title Company
Grant Deed $5,850,000 California Title Company
Interfamily Deed Transfer -- Alliance Title
Interfamily Deed Transfer -- Alliance Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $16,000,000 Credit Line Revolving
Closed $6,000,000 New Conventional
Previous Owner $986,580 Credit Line Revolving
Previous Owner $5,400,000 Adjustable Rate Mortgage/ARM
Previous Owner $5,395,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $14,700,000 -5.1% $3,476 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $15,495,000 +7.2% $3,664 / Sq Ft
06/24/2021 06/24/21 Sold $14,450,000 -3.6% $3,417 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $14,995,000 +33.3% $3,546 / Sq Ft
07/12/2019 07/12/19 Sold $11,250,000 -2.1% $2,660 / Sq Ft
05/29/2019 05/29/19 For Sale $11,495,000 +91.6% $2,718 / Sq Ft
10/24/2014 10/24/14 Sold $6,000,000 -11.1% $1,714 / Sq Ft
09/03/2014 09/03/14 Price Changed $6,750,000 0.0% $1,929 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
03/05/2014 03/05/14 Price Changed $6,750,000 -10.0% $1,929 / Sq Ft
11/06/2013 11/06/13 Price Changed $7,500,000 -8.5% $2,143 / Sq Ft
09/10/2013 09/10/13 Price Changed $8,200,000 +95.2% $2,343 / Sq Ft
09/10/2013 09/10/13 For Sale $4,200,000 -- $1,200 / 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 $161,744 $14,700,000 $12,468,063 $2,231,937
2024 $161,744 $15,334,455 $13,368,454 $1,966,001
2023 $157,979 $15,033,780 $13,106,328 $1,927,452
2022 $155,388 $14,739,000 $12,849,341 $1,889,659
2021 $117,829 $11,164,478 $9,302,182 $1,862,296
2020 $116,700 $11,050,000 $9,206,799 $1,843,201
2019 $80,968 $7,667,329 $6,201,053 $1,466,276
2018 $79,348 $7,516,990 $6,079,464 $1,437,526
2017 $77,941 $7,369,599 $5,960,259 $1,409,340
2016 $65,585 $6,215,745 $5,843,392 $372,353
2015 $62,098 $5,850,000 $5,558,623 $291,377
2014 $4,363 $390,136 $109,971 $280,165
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13183805

California Regional Multiple Listing Service (CRMLS)

APN: 048-282-23