$6,800,000
SOLD SEP 19, 2024
4 Beds
5 Baths
3,563 Sq Ft
2,870 Sq Ft Lot

Recently Sold

$1,909 Per Sq Ft

1% Below List Price

11 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Primary Bedroom Suite
  • Newport Elementary School Rated A
  • Rooftop Deck
  • 1-minute walk to West Jetty View Park

About This Home

As of September 2024

Set sail for unparalleled coastal living in this stunning Newport Beach residence, just one row of houses from the shore, where you can fall asleep and wake up to the rhythmic symphony of ocean waves. Anchored just steps from the sandy beaches of Newport’s coastline, this exquisite haven spans 3,600 square feet of artfully designed living space. The home's sophisticated design and premium amenities are harmoniously intertwined with breathtaking vistas that evoke the spirit of the sea. On the main level, natural light pours through sliding glass pocket doors, seamlessly blending the indoor and outdoor spaces, perfect for hosting seaside soirées or relaxing in solitude. The open kitchen, outfitted with top-of-the-line appliances, is a culinary captain's dream. A thoughtfully placed office offers a peaceful harbor for work or reflection, with the sound of waves ever-present. Ascend to the second level, where four expansive en-suite staterooms provide private retreats, each echoing the tranquility of the ocean. The sunlit captain’s quarters, your primary bedroom suite, captures the refreshing sea breeze and the soothing melody of the surf, epitomizing coastal elegance. Chart your course to the third level, where a versatile loft awaits, ideal for leisure or intimate gatherings. Step out onto the rooftop deck to indulge in ocean views and the sound of waves crashing on the shore—an enchanting backdrop for any occasion. This rare opportunity on Newport Beach’s prestigious Peninsula Point offers a lifestyle of unmatched seaside splendor. Don't miss your chance to experience the epitome of coastal chic living—where every day is a serene voyage at the water’s edge.

Last Agent to Sell the Property

Giovanne Helou

The Oppenheim Group Brokerage Phone: 310-866-9410 License #02068352 Listed on: 08/14/2024

The Oppenheim Group

Co-Listed By

Lisa Helou

The Oppenheim Group Brokerage Phone: 310-866-9410 License #00624164

Last Buyer's Agent

Nancy Arrache

IS Luxury of California License #00425126

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,111

Year Built

  • Built in 2013

Lot Details

  • 2,870 Sq Ft Lot
  • Fenced
  • Fence is in excellent condition
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Craftsman Architecture
  • Turnkey

Interior Spaces

  • 3,563 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Home Office
  • Bonus Room
  • Wood Flooring
  • Ocean Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Walk-In Pantry
  • Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Makeup or Vanity Space
  • Dual Sinks
  • Soaking Tub
  • Walk-in Shower

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Rooftop Deck
  • Enclosed patio or porch
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Newport Harbor High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 25 / E
  • Tax Tract Number 518
  • Assessor Parcel Number 04828214
  • $380 per year additional tax assessments

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

$46,111

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Lisa Helou
  • Other Phone Number: 949-566-3345
  • Property Attached: No
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Cape Cod, Craftsman, Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04828214
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3563.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Crown Molding, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry
  • Stories: 3
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 5
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1908.50
  • Room Type: All Bedrooms Down, Bonus Room, Family Room, Great Room, Kitchen, Laundry, Living Room, Primary Suite, Office, Walk-In Closet
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Soaking Tub, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Ocean
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Concrete, Enclosed, Front Porch, Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Rear, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Range Hood
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified
  • High School: Newport Harbor
  • High School: Newport Harbor
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 2870.00
  • Lot Size Acres: 0.0659

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 2870.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Block: E
  • Tax Census Tract: 628.00
  • Tax Lot: 25
  • Tax Tract Number: 518
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Aug 31, 2024
Sold by
Beador David and Beador Lesley
Bought by
Timothy D Davis And Jennifer K Davis Family T and Davis
Seller's Agent
Giovanne Helou
The Oppenheim Group
Buyer's Agent
Nancy Arrache
IS Luxury of California
List Price
$6,895,000
Sold Price
$6,800,000
Premium/Discount to List
-$95,000
-1.38%
Views
53
Current Estimated Value
$7,227,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,875
Avg. Annual Appreciation
5.50%

Purchase Details

Listed on
Feb 23, 2024
Closed on
Feb 29, 2024
Sold by
Ss Sommers Trust and Sommers Steven M
Bought by
Beador David and Beador Lesley
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
John Cain
Pacific Sotheby's Int'l Realty
List Price
$6,795,000
Sold Price
$6,595,000
Premium/Discount to List
-$200,000
-2.94%
Views
151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$3,957,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2018
Sold by
Christian John R and Christian Reegis
Bought by
Sommers Steven M and Sommers Susan A

Purchase Details

Closed on
Mar 5, 2014
Sold by
Ddcfrj Investments Lp
Bought by
Ddcfrj Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 27, 2011
Sold by
Wright Lauren Stone
Bought by
Ddcfrj Investments Lp

Purchase Details

Closed on
Mar 17, 2011
Sold by
Daks Llc
Bought by
Wright Lauren Stone and Wells Fargo Bank N A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2010
Sold by
Bischel Jon
Bought by
Daks Llc

Purchase Details

Closed on
Mar 3, 2010
Sold by
True Alan Lynn and True Twila Nadine
Bought by
Bischel Jon and Twin Peaks Trust

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
$1,207,500
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2007
Sold by
True Alan and True Twila
Bought by
True Alan and True Twila

Purchase Details

Closed on
Sep 14, 2006
Sold by
Tinsley Mary B
Bought by
True Alan and True Twila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,381,250
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2004
Sold by
Tinsley Gary
Bought by
Tinsley Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2004
Sold by
Alvarez Rodolfo and Alvarez Hilda
Bought by
Tinsley Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2003
Sold by
Seidman Cathy Lynn and Horowitz Craig
Bought by
Alvarez Rodolfo and Alvarez Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,750
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2000
Sold by
Seidman Amparo
Bought by
Seidman Steven Michael

Purchase Details

Closed on
Jul 20, 2000
Sold by
Theodore Seidman and Theodore Ellen F
Bought by
Seidman Theodore M and Seidman Ellen F

Purchase Details

Closed on
Aug 21, 1993
Sold by
Seidman Theodore M and Seidman Ellen F
Bought by
Seidman Theodore M
Source: Public Records

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Range of Values:

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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 $6,800,000 Orange Coast Title Company
Grant Deed $6,595,000 Fidelity National Title
Grant Deed $3,895,000 Lawyers Title
Grant Deed -- Stewart Title Of California
Grant Deed $1,200,000 Stewart Title Irvine
Grant Deed -- Chicago Title Company
Grant Deed $1,650,000 Multiple
Grant Deed $2,000,000 Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- Equity Title Company
Interfamily Deed Transfer -- Ticor Title Company
Grant Deed $1,550,000 Ticor Title Company
Grant Deed $1,025,000 Equity Title Company
Gift Deed -- --
Gift Deed -- --
Interfamily Deed Transfer -- --
Individual Deed -- --
Individual Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,957,000 New Conventional
Previous Owner $1,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,400,000 Purchase Money Mortgage
Previous Owner $1,207,500 New Conventional
Previous Owner $1,381,250 Purchase Money Mortgage
Previous Owner $1,000,000 Purchase Money Mortgage
Previous Owner $768,750 Purchase Money Mortgage
Closed $244,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $6,800,000 -1.4% $1,909 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $6,895,000 +4.5% $1,935 / Sq Ft
04/09/2024 04/09/24 Sold $6,595,000 -2.9% $1,851 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $6,795,000 -- $1,907 / 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 $46,111 $6,800,000 $5,752,346 $1,047,654
2024 $46,111 $4,344,945 $3,447,813 $897,132
2023 $45,035 $4,259,750 $3,380,208 $879,542
2022 $44,293 $4,176,226 $3,313,929 $862,297
2021 $43,442 $4,094,340 $3,248,950 $845,390
2020 $43,025 $4,052,358 $3,215,636 $836,722
2019 $42,128 $3,972,900 $3,152,584 $820,316
2018 $21,178 $1,981,428 $1,244,038 $737,390
2017 $21,045 $1,942,577 $1,219,645 $722,932
2016 $20,652 $1,904,488 $1,195,731 $708,757
2015 $20,481 $3,569,930 $2,803,530 $766,400
2014 $19,925 $1,839,136 $1,154,700 $684,436
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24128585

California Regional Multiple Listing Service (CRMLS)

APN: 048-282-14