Justine Howard
Coldwell Banker Realty
(949) 822-9869
14 Total Sales
1 in Balboa Peninsula Point
$3,850,000 Price
2172 E Oceanfront Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $8,459,125
4
Beds
3.5
Baths
3,350
Sq Ft
$2,525/Sq Ft
Est. Value
Highlights
- Beach Front
- White Water Ocean Views
- Deck
- Newport Elementary School Rated A
- Ocean Side of Highway 1
- 1-minute walk to West Jetty View Park
About This Home
As of October 2018Make your coastal living dreams come true with this spectacular oceanfront corner estate lot in Newport Beach at Peninsula Point that offers breathtaking surrounding views of the harbor, ocean, coastline and Catalina Island! You can enjoy the welcoming 3,300' retreat immediately while potentially designing your own compound that optimizes these amazing views & beach access. Wake up to breakfast by- the - sea and fall asleep to the soothing lull of the waves in this 4 bedroom retreat that includes upper level main living and entertaining area with endless water views from every vantage and a balcony for enjoying the ocean air. A secluded master bedroom completes the upstairs floor plan. The lower level offers a 2nd living area, including small kitchen and private access to the most notable beach in all of Southern California, featuring every body surfer's nirvana- the infamous Wedge. An oversized rooftop deck is the perfect spot to enjoy the picturesque vistas, watch magnificent yachts go by or gather with friends to sip cocktails during those crimson California sunsets. The secluded residential location of this exclusive section of the peninsula affords one of the least populated environs that marries California beachfront and bayside living. As it is with many prestigious properties , 2172 E Oceanfront has the potential to become a "named" compound establishing its reputation as a generational estate within the Newport Beach community.
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 Details
Home Type
- Single Family
Year Built
- Built in 1964
Lot Details
- 4,193 Sq Ft Lot
- Beach Front
- Corner Lot
Parking
- 3 Car Direct Access Garage
- Parking Available
- Three Garage Doors
- Driveway
Property Views
- White Water Ocean
- Coastline
- Bay
- Harbor
- Catalina
- Panoramic
- City Lights
- Bluff
- Hills
- Neighborhood
- Rock
Interior Spaces
- 3,350 Sq Ft Home
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room
- Laundry closet
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
Outdoor Features
- Ocean Side of Highway 1
- Balcony
- Deck
- Patio
- Outdoor Fireplace
- Exterior Lighting
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 19
- Tax Tract Number 518
- Assessor Parcel Number 04828237
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Point Subdivision
Amenities
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2018
Closed on
Oct 7, 2018
Sold by
Parekh Mukesh K
Bought by
Seller's Agent
Coleen Brennan
Compass
Buyer's Agent
Coleen Brennan
Compass
List Price
$9,788,888
Sold Price
$8,600,000
Premium/Discount to List
-$1,188,888
-12.15%
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
-$140,875
Avg. Annual Appreciation
-0.21%
Purchase Details
Closed on
Sep 12, 2014
Sold by
Stewart Jennifer D
Bought by
Parekh Mukesh K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jun 10, 2004
Sold by
Mitchell Kenneth Richard
Bought by
Parekh Mukesh K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 2, 2004
Sold by
Mitchell Kenneth Richard and Mitchell Joan Ellen
Bought by
Mitchell Kenneth Richard and Reader Ellen Beate
Purchase Details
Closed on
Sep 20, 2001
Sold by
Mitchell Richard G
Bought by
First American Trust Fsb
Purchase Details
Closed on
May 3, 1997
Sold by
Mitchell Richard G
Bought by
Mitchell Richard G and The Mitchell Family Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Balboa Peninsula Point, CA
-
Justine Howard
-
Paul Daftarian
Paul Daftarian
Luxe Real Estate
(657) 385-8384
248 Total Sales
2 in Balboa Peninsula Point
$11.4M - $27M Price Range
-
Keegan Budden
Keegan Budden
Douglas Elliman of California Inc.
(949) 763-5747
15 Total Sales
2 in Balboa Peninsula Point
$6.9M - $8.7M Price Range
-
Christine Morgan
Christine Morgan
Responds QuicklyMarterra Real Estate
(657) 279-5220
138 Total Sales
1 in Balboa Peninsula Point
$6,600,000 Price
-
Cora Berkery
Cora Berkery
Responds QuicklyColdwell Banker Realty
(949) 220-0989
55 Total Sales
1 in Balboa Peninsula Point
$6,550,000 Price
-
Westley Williams
Westley Williams
Responds QuicklyHarcourts Prime Properties
(949) 541-2816
183 Total Sales
1 in Balboa Peninsula Point
$4,200,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $8,600,000 | Bnt Title Co | ||
| Parekh Mukesh K | -- | None Available | |
| Parekh Mukesh K | -- | None Available | |
| Parekh Mukesh K | -- | Equity Title Company | |
| Mitchell Kenneth Richard | -- | Old Republic Title Company | |
| Mitchell Kenneth Richard | -- | Old Republic Title Company | |
| Mitchell Kenneth Richard | -- | -- | |
| First American Trust Fsb | -- | -- | |
| First American Trust Fsb | -- | -- | |
| Mitchell Richard G | -- | -- | |
| Mitchell Richard G | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $2,000,000 | ||
| Previous Owner | Parekh Mukesh K | $2,000,000 | |
| Previous Owner | Mitchell Kenneth Richard | $50,000 | |
| Previous Owner | Mitchell Kenneth Richard | $190,000 | |
| Previous Owner | Mitchell Kenneth Richard | $30,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2018 10/15/18 | Sold | $8,600,000 | -12.1% | $2,567 / Sq Ft |
| 09/25/2018 09/25/18 | Pending | -- | -- | -- |
| 09/15/2018 09/15/18 | Price Changed | $9,788,885 | 0.0% | $2,922 / Sq Ft |
| 09/14/2018 09/14/18 | Price Changed | $9,788,886 | 0.0% | $2,922 / Sq Ft |
| 09/13/2018 09/13/18 | Price Changed | $9,788,887 | 0.0% | $2,922 / Sq Ft |
| 08/28/2018 08/28/18 | For Sale | $9,788,888 | 0.0% | $2,922 / Sq Ft |
| 07/26/2018 07/26/18 | Pending | -- | -- | -- |
| 07/06/2018 07/06/18 | For Sale | $9,788,888 | -- | $2,922 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $90,395 | $9,103,703 | $8,761,284 | $342,419 |
| 2025 | $90,395 | $8,589,495 | $8,589,495 | |
| 2024 | $88,995 | $8,421,074 | $8,421,074 | |
| 2023 | $86,927 | $8,255,955 | $8,255,955 | $0 |
| 2022 | $85,499 | $8,094,074 | $8,094,074 | $0 |
| 2021 | $83,855 | $7,935,367 | $7,935,367 | $0 |
| 2020 | $92,716 | $8,772,000 | $7,854,000 | $918,000 |
| 2019 | $90,774 | $8,600,000 | $7,700,000 | $900,000 |
| 2018 | $56,163 | $5,310,669 | $5,032,590 | $278,079 |
| 2017 | $55,167 | $5,206,539 | $4,933,912 | $272,627 |
| 2016 | $53,922 | $5,104,450 | $4,837,168 | $267,282 |
| 2015 | $53,418 | $5,027,777 | $4,764,509 | $263,268 |
| 2014 | $52,158 | $4,929,290 | $4,671,179 | $258,111 |
Source: Public Records
Agents Affiliated with this Home
-
Coleen Brennan
Seller's Agent in 2018
Coleen Brennan
Compass
(949) 275-2775
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP18155600
APN: 048-282-37
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 2137 Miramar Dr
- 2258 Channel Rd
- 2712 Shell St
- 2525 Ocean Blvd Unit 6B & 6C
- 2012 E Ocean Blvd
- 2715 Cove St
- 183 Carnation Ave
- 2804 Ocean Blvd
- 2800 Ocean Blvd
- 2516 Ocean Blvd
- 2508 Ocean Blvd
- 1717 E Ocean Blvd
- 503 L St
- 2928 Ocean Blvd
- 302 Carnation Ave
- 2323 Bayside Dr
- 312 Carnation Ave
- 1706 E Ocean Blvd
- 1703 Plaza Del Sur
- 310 Fernleaf Ave
- 2168 E Oceanfront
- 2166 E Oceanfront
- 2301 Channel Rd
- 2156 E Oceanfront
- 2173 E Ocean Blvd
- 2169 E Ocean Blvd
- 2152 E Oceanfront
- 2165 E Ocean Blvd
- 2296 Channel Rd
- 2161 E Ocean Blvd
- 2157 E Ocean Blvd
- 2294 Channel Rd
- 2153 E Ocean Blvd
- 2164 E Ocean Blvd
- 2290 Channel Rd
- 2291 Channel Rd
- 2160 E Ocean Blvd
- 2152 E Ocean Blvd
- 2145 E Ocean Blvd
- 2286 Channel Rd
Your Personal Tour Guide
Ask me questions while you tour the home.