$11,250,000
SOLD JUL 12, 2019
4 Beds
6 Baths
4,229 Sq Ft
3,400 Sq Ft Lot

Recently Sold

$2,660 Per Sq Ft

2% Below List Price

29 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Roof Top Spa
  • Newport Elementary School Rated A
  • Property has ocean access
  • 1-minute walk to West Jetty View Park

About This Home

As of October 2024

Situated at the sand’s edge with no pedestrian boardwalk to compromise its views or privacy is this stunning architectural masterpiece designed by Oatman Architects with interiors by Shanna Kerr. An emphasis on the home’s horizontal lines carry one’s gaze across punches of artful focal points, creating a design as bold as the surfers charging “The Wedge” surf break in the distance. The home’s indoor-outdoor floor plan is optimized with fold-away doors that invite views of the ocean, while the airy freestanding glass staircase, statement fireplace, Walnut accents, and Porclainosa floors that resemble the nuances of the sand, introduce the remaining basic elements – creating a completely balanced design. Measuring more than 4,000 square feet, the residence delivers four spacious bedrooms with en suite baths, including the master suite featuring private deck and spa-bath with incredible Stoneforest soaking tub carved from a block of solid marble. An entertainer’s hub graces the top level and offers a striking view bar and access to the wrap-around rooftop deck with fire pit and hot tub overlooking the beach, as well as fireplace seating area that looks out to the lights at Fashion Island. A three-car garage, automatic shades, security surveillance, and built-in audio throughout are additional highlights. With approximately 40 feet of frontage, a grass barrier to the sand, and easy access to harbor activities, this posh beachfront estate is the epitome of perfection.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 05/29/2019

Coldwell Banker Realty

Last Buyer's Agent

Patricia Pilster

Era Trotter Vogel Realty License #00402956

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $161,744

Year Built

  • Built in 2015

Lot Details

  • 3,400 Sq Ft Lot
  • Beach Front

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Custom Home
  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 4,229 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Home Security System
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower

Outdoor Features

  • Roof Top Spa
  • Property has ocean access
  • Balcony
  • Rooftop Deck
  • Fireplace in Patio
  • Patio
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting

Schools

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

Additional Features

  • Property is near a park
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 14 / E
  • Tax Tract Number 628
  • Assessor Parcel Number 04828223

Home Details

Home Type

Single Family

Est. Annual Taxes

$161,744

Year Built

Built in 2015

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Security System
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Contemporary, Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04828223
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4229.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, High Ceilings, Open Floorplan, Recessed Lighting, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Master Bedroom, Outside, Patio, Gas, Fire Pit, Great Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2660.20
  • Room Type: Entry, Foyer, Great Room, Kitchen, Laundry, Master Suite, Walk-In Closet
  • Spa Features: Private, Roof Top
  • Window Features: Custom Covering
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Separate Tub And Shower
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

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: Park Nearby
  • Lot Size Sq Ft: 3400.00
  • Lot Size Acres: 0.0781

Multi Family

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

Tax Info

  • Tax Block: E
  • Tax Lot: 14
  • Tax Tract: 518
  • Tax Tract Number: 628.00

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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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: NP19123734

California Regional Multiple Listing Service (CRMLS)

APN: 048-282-23