NOT LISTED FOR SALE

Estimated Value: $7,219,000

4 Beds
5 Baths
3,127 Sq Ft
$2,309/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $6,300,000 $2,015 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $44,706/month

85 Days on Market

Highlights

  • Bay View
  • Ocean Side of Highway 1
  • Open Floorplan
  • Newport Elementary School Rated A
  • Custom Home
  • Outdoor Fireplace

About This Home

As of May 2023

Understated luxury and coastal contemporary architecture imbue this magazine-worthy Peninsula Point residence with undeniable appeal in Newport Beach. Crafted in 2020, the three-level design invites refined entertaining and relaxed daily living. A custom glass and metal entry door introduces the home and leads to its main level with a dedicated entryway, living room featuring a stone-finished fireplace, built-ins, surround sound, private side patio, and automated glass pocket doors that open to a main front patio with open-air fireplace. This level continues through a dining area and into a stunning high-end kitchen characterized by white quartz countertops, an eat-in island, custom cabinetry with self-closing drawers, and full suite of top-tier appliances including a built-in beverage cooler, built-in Sub-Zero refrigerator, Meile coffee maker, and 6-burner Wolf range. An elegant powder room, large laundry and mud room, and attached two-and-one-half-car garage complete the first level. Extending approximately 3,127 square feet, the inviting layout accommodates four bedrooms and three full and two half baths, including an ensuite guest bedroom, and two secondary bedrooms that share a bath. All bedrooms are located on the second floor, where the primary suite presents a balcony behind automated sliding doors, vaulted ceilings, walk-in closet with custom built-ins, and barn door that opens to reveal a walk-in shower, freestanding tub, and separate vanities. A bonus room awaits on the third level, which leads to a spacious rooftop patio that boasts panoramic city views, peek at the bay, and views of Fashion Island’s office towers. Craftsmanship is evident through the use of French white oak flooring throughout, motorized shades, beamed tongue-and-groove ceilings, Elan smart-home automation, designer tile, custom wall treatments, and bespoke lighting fixtures. This spectacular residence is close to Balboa Beach, Balboa Island, West Jetty View Park, award-winning schools, and premium shopping and dining destinations.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 01/10/2023

Coldwell Banker Realty

Co-Listed By

Hunter Jack

Coldwell Banker Realty License #01879200

Last Buyer's Agent

Michelle Manley

ML Properties License #01180625

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020

Lot Details

  • 2,450 Sq Ft Lot
  • Landscaped

Parking

  • 2.5 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors

Property Views

  • Bay
  • City Lights
  • Peek-A-Boo
  • Neighborhood

Home Design

  • Custom Home
  • Turnkey

Interior Spaces

  • 3,127 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Wainscoting
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Security System
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Multiple Shower Heads
  • Separate Shower

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Rooftop Access
  • Front Porch

Schools

  • Newport Elementary School
  • Horace Ensign Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Community Details

  • No Home Owners Association
  • Balboa Peninsula Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04827102

Home Details

Home Type

Single Family

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 949.919.7799
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Security System
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04827102
  • Year Built: 2020
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3127.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, Wainscoting
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room, Outside
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2014.71
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Window Features: Blinds, Skylight(s)
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Hollywood Bathroom (Jack&Jill), Privacy Toilet Door, Quartz Counters, Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: Bay, City Lights, Neighborhood, Peek-A-Boo
  • Patio And Porch Features: Front Porch, Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.50
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear, Garage - Two Door
  • Total Parking Spaces: 2.50

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Freezer, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Electric: Standard
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • Elementary School: Newport
  • Middle Or Junior School: Horace Ensign
  • Elementary School #2: NEWPOR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 2450.00
  • Lot Size Acres: 0.0562

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2450.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2021
Sold by
Star Property Lb Investment Llc
Bought by
Hoxie John K
Current Estimated Value
$7,219,000

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 16, 2020
Sold by
Star Property Lb Investment Llc
Bought by
Bangs Jeremy and Bangs Amy L
Seller's Agent
Matt Genova
Arbor Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$4,550,000
Sold Price
$4,500,000
Premium/Discount to List
-$50,000
-1.1%

Purchase Details

Closed on
May 18, 2011
Sold by
Tomlinson Laura Jones
Bought by
445 M Street Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hoxie John K $4,400,000 Chicago Title
Bangs Jeremy $4,500,000 Chicago Title
445 M Street Llc $3,400,000 First American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2023 05/04/23 Sold $6,300,000 -8.6% $2,015 / Sq Ft
01/10/2023 01/10/23 For Sale $6,895,000 +53.2% $2,205 / Sq Ft
07/24/2020 07/24/20 Sold $4,500,000 -1.1% $1,439 / Sq Ft View Prior Sale
07/10/2020 07/10/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $4,550,000 -24.2% $1,455 / Sq Ft
06/28/2018 06/28/18 Sold $6,000,000 0.0% $1,970 / Sq Ft View Prior Sale
06/11/2018 06/11/18 For Sale $6,000,000 -- $1,970 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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
2020 -- $6,473,350 $4,843,038 $1,630,312
2019 -- $4,856,648 $4,748,077 $108,571
2018 -- $2,589,763 $2,493,336 $96,427
2017 -- $2,538,984 $2,444,447 $94,537
2016 -- $2,489,200 $2,396,516 $92,684
2015 -- $2,451,810 $2,360,518 $91,292
2014 -- $2,403,783 $2,314,279 $89,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23004103

California Regional Multiple Listing Service (CRMLS)

APN: 048-271-02