$14,450,000
SOLD JUN 24, 2021
4 Beds
6 Baths
4,229 Sq Ft
3,376 Sq Ft Lot

Recently Sold

$3,417 Per Sq Ft

4% Below List Price

15 Days on Market

Highlights

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

About This Home

As of October 2024

A sensual oceanfront contemporary residence that melds stunning architectural detail with intoxicating whitewater views, unfolding as a seamless expression of high-style waterfront living. Masterfully conceived by Oatman Architects and sited on a striking oceanfront lot within the prestigious Balboa Peninsula Point neighborhood of Newport Beach, this exquisitely appointed home glistens with its tasteful use of glass, steel, stone, and wood. Sleek floor to ceiling walls of glass vanish to the side and invite explosive views of the shoreline and infamous "Wedge" from the expansive living, dining and entertaining areas. An artfully designed three-story floating glass staircase ties together the home's principle spaces. With over 4,000 square feet of living space the residence delivers three impressive en-suite guest accommodations, and a luxurious oceanfront master suite, adjoined by a serene spa bath with steam room shower, Stoneforest free-standing marble soaking tub, and walk-in dressing area. The adjoining private terrace basks in a panorama of coastline views. Designed for extraordinary entertaining and uninterrupted indoor-outdoor living the home's dazzling third level bar/living area is comprised of myriad lounging and dining spaces - with a roof top fire pit and hot tub overlooking the shore break below, and a wrap-around deck that captures equally dramatic nighttime views of the sparkling Fashion Island skyline. Additional interior compliments include two powder baths, laundry room, three car garage with built-in work bench area, CONTROL 4 home automation, electronic window treatments, and stereo throughout. A chic seaside retreat that embraces the sea, sun, and sky.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 05/13/2021

Coldwell Banker Realty

Last Buyer's Agent

Jim West

Coldwell Banker Realty License #01278346

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $161,744

Year Built

  • Built in 2016

Lot Details

  • 3,376 Sq Ft Lot
  • Beach Front
  • Landscaped

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 4,229 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room

Kitchen

  • Breakfast Bar
  • Self-Cleaning Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Spa
  • Deck
  • Fireplace in Patio
  • Patio
  • Outdoor Fireplace
  • Terrace
  • Fire Pit
  • Exterior Lighting
  • Wrap Around Porch

Location

  • Urban Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Water Heater
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 14 / E
  • Tax Tract Number 518
  • Assessor Parcel Number 04828223

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Recreation

  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$161,744

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security Lights, Security System, Smoke Detector(s), Wired for Alarm System
  • 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: 04828223
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4229.00 Square Feet
  • Interior Amenities: Built-in Features, High Ceilings, Home Automation System, Open Floorplan, Stone Counters, Wet Bar, Wired for Data, Wired for Sound
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Master Bedroom, Outside, Patio, Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3416.88
  • Room Type: Foyer, Great Room, Kitchen, Laundry, Master Suite, Recreation, Walk-In Closet
  • Spa Features: Private
  • Bathroom Features: Double Sinks In Master Bath, Separate Tub And Shower, Soaking Tub, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck, Patio, Terrace, Wrap Around
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Freezer, Disposal, Gas Cooktop, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater, Water Purifier
  • Heating Type: Zoned, Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Watersports, Sidewalks, Storm Drains, Street Lights, Urban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 3376.00
  • Lot Size Acres: 0.0775

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3376.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Front, Ocean Front

Tax Info

  • Tax Block: E
  • Tax Census Tract: 628.00
  • 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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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: NP21102640

California Regional Multiple Listing Service (CRMLS)

APN: 048-282-23