2290 Channel Rd Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
4
Beds
4
Baths
3,418
Sq Ft
4,000
Sq Ft Lot
Highlights
- Ocean View
- Private Dock Site
- Property Fronts a Bay or Harbor
- Newport Elementary School Rated A
- Parking available for a boat
- 1-minute walk to West Jetty View Park
About This Home
As of September 2024Experience the epitome of bayfront living with this contemporary masterpiece, meticulously reimagined in 2011 with over $1.2 million in architectural upgrades. Resting on a prized 40-foot bay-frontage lot in one of Newport Beach’s most sought-after neighborhoods, this home is positioned at the end of the channel, offering breathtaking views that evolve with the ebb and flow of boats entering and exiting the harbor year-round, providing an ever-changing panorama of Newport Harbor.
Step into luxury within this 4 bedroom, 4 bath residence, featuring one bedroom and bath on the main level, encompassing 3,418 sq. ft. of impeccably designed living space. Expansive windows and glass doors frame the stunning bayfront views, seamlessly blending indoor and outdoor living. The open-concept floor plan flows into a spacious great room, perfect for both dining and entertaining, while the chef’s kitchen boasts professional-grade stainless steel appliances, Cantoni high-polished white cabinets, and a large center island with counter seating.
The home's interior is adorned with a custom glass and stainless steel staircase leading to the second level, where you’ll find a luxurious primary suite. This suite features floor-to-ceiling glass walls, a private terrace with unparalleled bay views, and an ensuite with a walk-in steam shower, custom cabinetry, and natural stone wall treatments. Two additional ensuite bedrooms, one of which shares the same incredible bay views as the primary suite, and a laundry room complete the upstairs living space.
Outside, the property offers an expansive private patio with a built-in BBQ, heaters, and a newer private dock accommodating up to a 40-foot yacht. This provides you with the ultimate waterfront lifestyle. Just steps out your front door is the famous Wedge, where you can watch world-class shore break surfing. Furthermore, you can enjoy modern amenities such as a water softening and filtration system, solar panels, a leak detection system, zoned HVAC, and motorized blinds, ensuring comfort and peace of mind.
This property transcends mere real estate; it embodies a lifestyle. Enjoy close proximity to the waterfront, beaches, world-class resorts, and fine dining, embracing the quintessential Newport Beach experience.
Last Agent to Sell the Property
Berkshire Hathaway HomeService Brokerage Phone: 714-609-2361 License #00892388 Listed on: 03/08/2024
Co-Listed By
Berkshire Hathaway HomeService Brokerage Phone: 714-609-2361 License #02020525
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $63,101
Year Built
- Built in 2011
Lot Details
- 4,000 Sq Ft Lot
- Property Fronts a Bay or Harbor
- Glass Fence
- Block Wall Fence
- Sprinkler System
- Density is up to 1 Unit/Acre
Parking
- 3 Car Direct Access Garage
- Parking Available
- Front Facing Garage
- Two Garage Doors
- Parking available for a boat
Property Views
- Ocean
- Coastline
- Bay
- Harbor
- Panoramic
- City Lights
- Hills
Home Design
- Contemporary Architecture
- Turnkey
- Flat Roof Shape
- Slab Foundation
- Stone Siding
- Copper Plumbing
- Stucco
Interior Spaces
- 3,418 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Two Story Ceilings
- Recessed Lighting
- Blinds
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Living Room with Attached Deck
- Dining Room
- Stone Flooring
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Convection Oven
- Six Burner Stove
- Built-In Range
- Dishwasher
- Kitchen Island
- Stone Countertops
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- 4 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
Home Security
- Alarm System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Private Dock Site
- Living Room Balcony
- Patio
- Terrace
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Location
- Suburban Location
Schools
- Newport Elementary School
- Horace Ensign Middle School
- Harbor High School
Utilities
- Forced Air Heating and Cooling System
- Tankless Water Heater
- Water Softener
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 3 / P
- Tax Tract Number 518
- Assessor Parcel Number 04828303
- $380 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Point Subdivision
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2024
Closed on
Aug 22, 2024
Sold by
Marc S Maister Residence Trust and Mandy D Maister Residence Trust
Bought by
Jsssca Llc
Seller's Agent
Mehdi Khosh
Berkshire Hathaway HomeService
Buyer's Agent
Loan Ly
Berkshire Hathaway HomeServices California Properties
List Price
$12,500,000
Sold Price
$12,000,000
Premium/Discount to List
-$500,000
-4%
Total Days on Market
181
Views
169
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
-$3,390,134
Avg. Annual Appreciation
-37.77%
Purchase Details
Closed on
Dec 19, 2012
Sold by
Maister Mandy D
Bought by
Maister Marc S and Maister Mandy D
Purchase Details
Closed on
Aug 28, 2009
Sold by
Herberts Curt A
Bought by
Maister Marc S and Maister Mandy D
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
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 11, 2008
Sold by
Herberts Curtis A
Bought by
Herberts Curtis A and Herberts Ii Curt A
Purchase Details
Closed on
Dec 10, 2002
Sold by
Herberts Curtis A and Herberts Virginia L
Bought by
Herberts Curtis A and Herberts Virginia Louise
Similar Homes in the area
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 Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $12,000,000 | California Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $4,450,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | American Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $500,000 | Unknown | |
| Previous Owner | $1,397,500 | New Conventional | |
| Previous Owner | $1,404,432 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,474,767 | New Conventional | |
| Previous Owner | $2,000,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2024 09/18/24 | Sold | $12,000,000 | -4.0% | $3,511 / Sq Ft |
| 09/05/2024 09/05/24 | Pending | -- | -- | -- |
| 04/30/2024 04/30/24 | For Sale | $12,500,000 | +4.2% | $3,657 / Sq Ft |
| 04/03/2024 04/03/24 | Off Market | $12,000,000 | -- | -- |
| 03/08/2024 03/08/24 | For Sale | $12,500,000 | 0.0% | $3,657 / Sq Ft |
| 04/21/2023 04/21/23 | Rented | $30,000 | 0.0% | -- |
| 01/25/2023 01/25/23 | For Rent | $30,000 | +20.0% | -- |
| 09/07/2021 09/07/21 | Rented | $25,000 | 0.0% | -- |
| 08/17/2021 08/17/21 | For Rent | $25,000 | 0.0% | -- |
| 02/15/2018 02/15/18 | Rented | $25,000 | 0.0% | -- |
| 12/27/2017 12/27/17 | For Rent | $25,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $63,101 | $5,959,631 | $5,273,216 | $686,415 |
| 2023 | $61,630 | $5,842,776 | $5,169,820 | $672,956 |
| 2022 | $60,616 | $5,728,212 | $5,068,451 | $659,761 |
| 2021 | $59,451 | $5,615,895 | $4,969,070 | $646,825 |
| 2020 | $58,881 | $5,558,311 | $4,918,118 | $640,193 |
| 2019 | $57,650 | $5,449,325 | $4,821,684 | $627,641 |
| 2018 | $56,497 | $5,342,476 | $4,727,141 | $615,335 |
| 2017 | $55,496 | $5,237,722 | $4,634,452 | $603,270 |
| 2016 | $54,242 | $5,135,022 | $4,543,580 | $591,442 |
| 2015 | $53,736 | $5,057,890 | $4,475,332 | $582,558 |
| 2014 | $52,468 | $4,958,813 | $4,387,666 | $571,147 |
Source: Public Records
Agents Affiliated with this Home
-
Mehdi Khosh
Seller's Agent in 2024
Mehdi Khosh
Berkshire Hathaway HomeService
(714) 612-0452
1 in this area
95 Total Sales
-
Aaron Khosh
Seller Co-Listing Agent in 2024
Aaron Khosh
Berkshire Hathaway HomeService
(949) 554-4155
1 in this area
49 Total Sales
-
Loan Ly
Buyer's Agent in 2024
Loan Ly
Berkshire Hathaway HomeServices California Properties
(760) 413-3393
1 in this area
28 Total Sales
-
Jon Flagg
Buyer's Agent in 2018
Jon Flagg
Pacific Sotheby's Int'l Realty
(949) 698-1910
1 in this area
134 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP24045317
APN: 048-283-03
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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
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