$5,985,000
OPEN SAT 12PM - 3PM $810K PRICE DROP

Estimated payment $34,920/month

Total Views 25,146
7 Beds
7 Baths
3,314 Sq Ft
$1,806 Price per Sq Ft

Highlights

  • Ocean View
  • Property has ocean access
  • Heated Spa
  • Newport Elementary School Rated A
  • Newly Remodeled
  • 5-minute walk to Balboa Peninsula Park

About This Home

Two Separate Homes on this Beautiful Lot! Total of 3 Units! Absolutely Perfect Opportunity here on the Balboa Peninsula. Two Newer Build & Remodeled Homes 417 and 419 E. Balboa Blvd. Fantastic Family Compound and/or Prime Investment for Rental Income possibilities, Steps to the Beach. First Home 417 is 2 Units. Gorgeous Two Story approx 1914 living sqft with 3 bedrooms (1st Floor Primary bed) plus a 4th extra room for bedroom, den or office, 2.5 Bathrooms, large Livingroom and Kitchen. This home has 2 Kitchen areas and Living rooms (upstairs and downstairs) and can be perfect for multi-families as well. Newer Custom Remodeling includes; Porcelain Tile and Cherry Walnut Wood floors, Low E Vinyl Windows, Custom Panel Doors & Front Door, Fire Sprinklers, New Electrical and Plumbing, House Water Softener System, Roof, Outside Patio Deck & Shower. Second Home 419 is Newer Construction. Just Perfect with 3 levels, approx 1400 living sqft with an elevator for easy access. 3 bedrooms, 3.5 bathrooms. Beautiful, Light & Bright! Gorgeous Open Views from the 3rd floor Kitchen, Patio and Viewing Deck looking out to the Ocean and Newport Pier. A Spacious Floorplan with Living Area with Custom Fireplace which opens to the Kitchen & Dining. Beautiful Elegant Custom work includes; Luxury Italian Porcelain Tile Flooring through the Home, New Paint (inside and outside), Low E Vinyl Windows, Baseboards, Recessed Lighting, Custom Panel Doors & Hardware, Heating and A/C systems with ductwork, Whole House Water Softener System & House Vacuum System. Extra Large Gourmet Kitchen has Granite Counters/Tile Backsplash, Blue Star Professional 8 Burner Gas Range, Plenty of Storage Cabinets and Pantry. Inviting, Elegant Master Bedroom Suite with Custom Fireplace and Relaxing Master Bath with Custom jet bubbled tub. These are truly 2 unique homes. Wonderful Beach Living with Patio Decks for you to Enjoy Star Gazing and Quiet, Peaceful Times at the Beach. This is your Own Private Oasis with a Sparkling Lighted Home Spa in your Designer Garden Yard. Additionally, there is a finished 2 Car Attached Garage with 2 sets of doors, 2 Car Carport and 2 Charging Stations (Tesla and Regular). A Rare Find here in Newport Beach. Just Steps to the Beach, Permit Parking available, close to shopping, restaurants, Beach trails, Biking and Award winning Schools. Welcome Home!!

Listing Agent

Margaret Bowles

Coldwell Banker Realty Brokerage Phone: 714-307-8908 License #01228960 Listed on: 06/26/2024

Coldwell Banker Realty

Open House Schedule

  • Saturday, July 19, 2025
    12:00 to 3:00 pm
    7/19/2025 12:00:00 PM +00:00
    7/19/2025 3:00:00 PM +00:00

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,240

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • No Common Walls
  • Vinyl Fence
  • Rectangular Lot
  • On-Hand Building Permits

Parking

  • 4 Car Direct Access Garage
  • 2 Carport Spaces
  • Pull-through
  • Electric Vehicle Home Charger
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener

Property Views

  • Ocean
  • City Lights
  • Neighborhood

Home Design

  • Duplex
  • Custom Home
  • Modern Architecture
  • Turnkey
  • Additions or Alterations
  • Stucco

Interior Spaces

  • 3,314 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Recessed Lighting
  • Triple Pane Windows
  • <<energyStarQualifiedWindowsToken>>
  • French Doors
  • Sliding Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Fire Sprinkler System

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Two Homes on a Lot

Utilities

  • Central Heating and Cooling System
  • 220 Volts For Spa
  • Tankless Water Heater
  • Water Softener

Listing and Financial Details

  • Legal Lot and Block 8 / 4
  • Tax Tract Number 104
  • Assessor Parcel Number 04812107

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Balboa Peninsula Subdivision

Recreation

  • Water Sports
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $400
  • Fuel Expense $150
  • Insurance Expense $1
  • Trash Expense $200
  • Operating Expense $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,240

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 1995000
  • Property Attached: No
  • Security: Fire Sprinkler System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Custom Built, Modern
  • New Construction: Yes
  • Property Condition: Additions/Alterations, Building Permit, Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 04812107
  • Year Built: 2017
  • Special Features: OpenHouse

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Elevator, Granite Counters, Living Room Deck Attached, Recessed Lighting, Vacuum Central, Wet Bar
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Door Features: French Doors, Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Two, Three Or More
  • Price Per Square Foot: 1805.97
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Walk-In Pantry
  • Spa Features: Private, Above Ground, Heated
  • Window Features: ENERGY STAR Qualified Windows, Triple Pane Windows

Exterior Features

  • Other Structures: Two On A Lot
  • Exterior Features: Rain Gutters
  • View: City Lights, Neighborhood, Ocean
  • Fence: Yes
  • Fencing: Vinyl
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Covered, Direct Garage Access, Electric Vehicle Charging Station(s), Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener, Pull-through
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Gas Oven, Gas Range, Refrigerator, Tankless Water Heater, Water Softener
  • Electric: 220 Volts For Spa
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Electric Expense: 400.00
  • Fuel Expense: 150.00
  • Insurance Expense: 1.00
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Expenses: 1.00
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 628.00
  • Tax Lot: 8
  • Tax Tract Number: 104

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
2024 $21,240 $1,918,598 $1,088,478 $830,120
2023 $21,081 $1,880,979 $1,067,135 $813,844
2022 $20,631 $1,844,098 $1,046,211 $797,887
2021 $20,513 $1,807,940 $1,025,697 $782,243
2020 $20,321 $1,789,402 $1,015,179 $774,223
2019 $19,938 $1,754,316 $995,273 $759,043
2018 $18,600 $1,663,703 $975,758 $687,945
2017 $13,960 $1,220,225 $956,626 $263,599
2016 $12,001 $992,271 $937,869 $54,402
2015 $12,113 $977,367 $923,782 $53,585
2014 $11,844 $958,222 $905,686 $52,536
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Price Changed $5,985,000 0.0% $1,806 / Sq Ft
02/24/2025 02/24/25 For Sale $5,985,000 -9.2% $1,806 / Sq Ft
02/10/2025 02/10/25 Off Market $6,590,000 -- --
02/09/2025 02/09/25 For Sale $6,590,000 0.0% $1,989 / Sq Ft
11/08/2024 11/08/24 Off Market $6,590,000 -- --
10/01/2024 10/01/24 For Sale $6,590,000 0.0% $1,989 / Sq Ft
08/23/2024 08/23/24 Off Market $6,590,000 -- --
08/03/2024 08/03/24 For Sale $6,590,000 +266.1% $1,989 / Sq Ft
07/03/2014 07/03/14 Sold $1,800,000 -5.3% $1,113 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $1,900,000 -- $1,175 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Equity Title Company
Grant Deed -- California Counties Title Co
Grant Deed $910,000 Landwood Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $980,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $664,328 New Conventional
Previous Owner $637,000 Purchase Money Mortgage
Previous Owner $238,000 Credit Line Revolving
Previous Owner $533,850 Stand Alone Refi Refinance Of Original Loan
Previous Owner $533,850 Purchase Money Mortgage
Previous Owner $152,150 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24103028

California Regional Multiple Listing Service (CRMLS)

APN: 048-121-07