$3,850,000
$150K PRICE DROP

Estimated payment $25,104/month

Total Views 223,291
4 Beds
3 Baths
2,456 Sq Ft
$1,568 Price per Sq Ft

Highlights

  • Ocean View
  • Pier
  • Property Fronts a Bay or Harbor
  • Harbor View Elementary School Rated A
  • Pier or Dock
  • 4-minute walk to Lookout Point

About This Home

Experience the pinnacle of coastal elegance with this rare waterfront condominium, the only property of its kind in this price range. Nestled directly on the water’s edge, this stunning 4-bedroom, 3-bathroom home offers 2,456 square feet of luxurious living. From your private dock, enjoy seamless access to the serene waters, perfect for boating and aquatic adventures. Relish in breathtaking sunset views and tranquil living, with a private beach just steps away. This elegant home also features a luxurious master bathroom with a wet room, adding a spa-like touch. As a condominium, the property benefits from low maintenance, expertly managed by the HOA, allowing you to enjoy the beauty without the hassle. Located close to the charming Balboa Island, this home combines convenience with unparalleled elegance. Don’t miss your chance to own this extraordinary waterfront retreat!

Listing Agent

Cyrus Mohseni

The Keystone Team Brokerage Phone: 562-501-4450 License #02024260 Listed on: 07/18/2025

Co-Listing Agent

Tyler Hinson

The Keystone Team Brokerage Phone: 562-501-4450 License #02198945

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $33,025

Year Built

  • Built in 1963

Lot Details

  • Property Fronts a Bay or Harbor
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $2,160 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Gated Parking
  • Guest Parking
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • Ocean
  • Marina
  • Harbor
  • Views of a pier
  • Panoramic
  • Pool

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,456 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Double Door Entry
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Convection Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Stone Bathroom Countertops
  • Bathtub
  • Separate Shower

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Pier
  • Ocean Side of Highway 1
  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Radiant Heating System
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 89525049
  • $382 per year additional tax assessments

Community Details

Overview

  • 48 Units
  • Channel Reef Community Association, Phone Number (949) 673-1788
  • Channel Reef Management HOA
  • Channel Reef Subdivision
  • 6-Story Property

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Pier or Dock
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$33,025

Year Built

Built in 1963

Lot Details

0

HOA Fees

$2,160 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community, Resident Manager
  • Subdivision Name Other: Channel Reef (CREF)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 89525049
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2456.00 Square Feet
  • Interior Amenities: Crown Molding, Open Floorplan, Stone Counters, Unfurnished
  • Stories: 6
  • Common Walls: 2+ Common Walls, No One Below
  • Flooring: Stone, Tile
  • Accessibility Features: 2+ Access Exits, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1567.59
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Spa Features: Community, In Ground
  • Bathroom Features: Bathtub, Shower, Main Floor Full Bath, Separate Tub And Shower, Stone Counters
  • Room Kitchen Features: Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting, Pier
  • View: Harbor, Marina, Ocean, Panoramic, Pier, Pool, Water
  • Patio And Porch Features: Concrete, Patio Open
  • Pool Features: Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Gated, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Double Oven, Electric Cooktop, Microwave, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Common Area, Community
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Pier, Trash, Utilities, Pet Rules, Controlled Access
  • Association Fee: 2160.00
  • Association Fee Frequency: Monthly
  • Association Name: Channel Reef Community Association
  • Phone: (949) 673-1788
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Fishing
  • Association Management: Channel Reef Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 52579.00
  • Lot Size Acres: 1.2070

Multi Family

  • Lease Considered: No
  • Lot Size Area: 52579.0000 Square Feet
  • Number Of Units In Community: 48
  • Number Of Units Total: 2
  • Waterfront Features: Bay Front, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 627.01
  • TaxOtherAnnualAssessmentAmount: 382.00

Matterport 3D Tour

Floorplan

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $33,025 $3,171,571 $2,676,376 $495,195
2024 $33,025 $3,109,384 $2,623,898 $485,486
2023 $32,252 $3,048,416 $2,572,449 $475,967
2022 $31,717 $2,988,644 $2,522,009 $466,635
2021 $31,107 $2,930,044 $2,472,558 $457,486
2019 $18,769 $1,757,003 $1,488,751 $268,252
2018 $8,463 $771,836 $640,630 $131,206
2017 $8,240 $756,702 $628,068 $128,634
2016 $8,056 $741,865 $615,753 $126,112
2015 $7,978 $730,722 $606,504 $124,218
2014 $7,790 $716,409 $594,624 $121,785
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2025 11/26/25 Price Changed $3,850,000 -3.8% $1,568 / Sq Ft
07/18/2025 07/18/25 For Sale $4,000,000 -- $1,629 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Ticor Ttl Orange Cnty Branch
Grant Deed $2,900,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Cyrus Mohseni

The Keystone Team

(949) 666-8017

Section Image

Cyrus Mohseni is a multitalented real estate professional, entrepreneur, speaker, and philanthropist. His unmatched drive, unmistakable integrity, and unwavering commitment to client service have made him a highly sought-after agent by property buyers and sellers in Southern California. Cyrus was named one of the Top Ten Real Estate Entrepreneurs to Follow Going Into 2022 by USA Today, a 30 Under 30 honoree by the National Association of Realtors®, a member of the Forbes Real Estate Council,

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25159680

California Regional Multiple Listing Service (CRMLS)

APN: 895-250-49