$9,500,000
$3M PRICE DROP

Estimated payment $58,974/month

Total Views 20,060
4 Beds
3.5 Baths
2,576 Sq Ft
$3,688 Price per Sq Ft

Highlights

  • Beach Front
  • Ocean View
  • Primary Bedroom Suite
  • Newport Elementary School Rated A
  • Property has ocean access
  • Open Floorplan

About This Home

Available for sale or long term lease! Welcome to an unparalleled oceanfront retreat on the iconic Balboa Peninsula in Newport Beach. This rare gem offers breathtaking, panoramic views of sandy beaches, Catalina Island, sparkling ocean waters, and the Balboa Pier from both levels of the home, creating an unrivaled coastal living experience.

Step inside to discover a thoughtfully designed open floor plan, where luxury and functionality harmonize seamlessly. The chef’s kitchen is a culinary masterpiece, featuring a center island, a 48" Wolf range, a Sub-Zero refrigerator, and premium finishes. The kitchen flows effortlessly into the dining and living areas, highlighted by floor-to-ceiling Weiland glass doors that invite natural light and coastal breezes into the heart of the home.

This residence boasts four spacious bedrooms, including a stunning primary suite that serves as a private sanctuary. The primary features a walk-in closet, a cozy sitting area, and a spa-inspired bathroom with limestone finishes, a freestanding soaking tub, and a private balcony, where you can savor mesmerizing sunsets over the Pacific.

The home is outfitted with a state-of-the-art AV system and Control4 automation, providing seamless control of entertainment, motorized window shades, lighting, and security features, including cameras and an alarm system, for effortless living.

Outdoor living is elevated with a raised and oversized front patio, perfect for entertaining or quiet relaxation. Equipped with a cozy fire pit and a built-in BBQ, this space is ideal for enjoying the ultimate beachside lifestyle.

Additional luxury amenities include DuChateau plank hardwood floors, Walker Zanger tiles, A/C system, surround sound, recessed lighting, Anderson windows, wood beam ceilings, and a freshly painted two-car garage with epoxy flooring and carport parking.

Nestled in the heart of coastal charm, this home offers easy access to beach activities, as well as nearby attractions like the Balboa Pier, Fun Zone, Balboa Ferry, top-tier restaurants, and boutique shopping. The prime location, set further from Newport Pier, offers a quieter and more peaceful ambiance while still providing convenient access to vibrant nightlife when desired.

This is more than a home; it’s an invitation to live the Newport Beach dream. Coastal living doesn’t get finer than this.

Listing Agent

Gabe Cole

Real Broker Brokerage Phone: 949-395-4223 License #01327442 Listed on: 01/31/2025

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $87,744

Year Built

  • Built in 2014

Lot Details

  • 2,400 Sq Ft Lot
  • Beach Front
  • Level Lot
  • Private Yard

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • City Lights

Interior Spaces

  • 2,576 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Custom Window Coverings
  • Blinds
  • Wood Frame Window
  • Window Screens
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Balcony
  • Concrete Porch or Patio
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Overhead Utilities
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 2
  • Tax Tract Number 510
  • Assessor Parcel Number 04808206

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$87,744

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04808206
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2576.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Vacuum Central, Wet Bar
  • Stories: 1
  • Entry Location: ground
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3687.89
  • Room Type: All Bedrooms Up, Entry, Family Room, Primary Suite
  • Window Features: Blinds, Custom Covering, Screens, Skylight(s), Wood Frames
  • Room Kitchen Features: Kitchen Island, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Ocean
  • Patio And Porch Features: Concrete, Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park, Watersports, Sidewalks, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Utilities - Overhead, Yard
  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0551

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 2400.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 628.00
  • Tax Lot: 6
  • Tax Tract Number: 510

Map

Range of Values:

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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 $87,744 $8,427,240 $7,594,920 $832,320
2024 $87,744 $8,262,000 $7,446,000 $816,000
2023 $85,987 $8,100,000 $7,300,000 $800,000
2022 $66,906 $6,269,007 $5,670,136 $598,871
2021 $65,856 $6,146,086 $5,558,957 $587,129
2020 $65,229 $6,083,066 $5,501,957 $581,109
2019 $63,893 $5,963,791 $5,394,076 $569,715
2018 $62,708 $5,846,854 $5,288,309 $558,545
2017 $61,610 $5,732,210 $5,184,616 $547,594
2016 $60,248 $5,619,814 $5,082,957 $536,857
2015 $32,516 $2,943,867 $2,415,074 $528,793
2014 -- $2,367,767 $2,367,767 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Price Changed $9,500,000 -2.6% $3,688 / Sq Ft
07/28/2025 07/28/25 Price Changed $9,750,000 0.0% $3,785 / Sq Ft
07/11/2025 07/11/25 Price Changed $40,000 0.0% $16 / Sq Ft
04/29/2025 04/29/25 Price Changed $9,995,000 -7.0% $3,880 / Sq Ft
04/05/2025 04/05/25 Price Changed $10,750,000 -10.4% $4,173 / Sq Ft
01/31/2025 01/31/25 For Sale $12,000,000 0.0% $4,658 / Sq Ft
01/24/2025 01/24/25 For Rent $50,000 0.0% --
07/26/2022 07/26/22 Sold $8,100,000 -1.2% $3,095 / Sq Ft
06/18/2022 06/18/22 Pending -- -- --
06/11/2022 06/11/22 For Sale $8,200,000 +48.1% $3,133 / Sq Ft
06/04/2015 06/04/15 Sold $5,535,400 -7.7% $1,977 / Sq Ft
05/12/2015 05/12/15 Pending -- -- --
04/21/2015 04/21/15 Price Changed $5,995,000 -5.6% $2,141 / Sq Ft
11/19/2014 11/19/14 For Sale $6,350,000 +167.4% $2,268 / Sq Ft
12/26/2012 12/26/12 Sold $2,375,000 -11.9% $3,068 / Sq Ft
07/24/2012 07/24/12 For Sale $2,695,000 -- $3,482 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- --
Grant Deed $8,100,000 Chicago Title
Interfamily Deed Transfer -- Provident Title Company
Grant Deed $5,535,500 Ticor Title Tustin Orange Co
Grant Deed $2,375,000 First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,000,000 New Conventional
Previous Owner $822,375 New Conventional
Previous Owner $2,000,000 New Conventional
Previous Owner $2,500,000 New Conventional
Previous Owner $850,000 Construction
Previous Owner $1,950,000 Seller Take Back
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25023238

California Regional Multiple Listing Service (CRMLS)

APN: 048-082-06