NOT LISTED FOR SALE

Estimated Value: $3,574,270 - $4,517,000

4 Beds
4.5 Baths
3,105 Sq Ft
$1,272/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $3,500,000 $1,127 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $22,315/month

117 Days on Market

Highlights

  • Ocean View
  • New Construction
  • Rooftop Deck
  • Naples Bayside Academy Rated A
  • Fishing
  • Across the Road from Lake or Ocean

About This Home

As of August 2023

A modern beacon of coastal opulence, this exquisitely crafted, newly built (2023) residence on the covetable Long Beach Peninsula places the pinnacle of luxury at your doorstep and invites you to take in views of the Pacific Ocean, the bay, Naples Island, downtown Long Beach, and Catalina Island. Curated by renowned Sennikoff Architects and Esoteric Homes with interiors by designer Sherry Alexander, this open floor plan boasts four bedrooms and four-and-one-half-bathrooms, spanning approximately 3,105 square feet over three levels. The finest materials and appliances have been carefully selected to embrace a lifestyle of luxury, comfort, and indulgence, including immaculate hardwood flooring, sumptuous stone countertops and fireplaces, and a commercial-grade elevator serving all floors, including the rooftop deck. Gourmet chefs will delight in the Bertazzoni appliances, which include a 48" range, 36" fridge, Zepher Beverage cooler, and Sharp microwave drawer, ideal for creating and serving delectable dishes. Upstairs, the master suite displays the ultimate in opulence with fireplace, soaking tub, dual vanity sinks, walk-in closet, and private balcony accessed by accordion glass sliding doors. Crowning the home is media room and expansive rooftop deck providing the perfect vantage point to marvel at the stunning vistas from every angle. A water sports enthusiast's paradise, this property offers easy access to a wide array of aquatic activities, including boating, yacht club, paddle boarding, gondola rides, surfing, and fishing. Live moments from dozens of shops, restaurants, and the turquoise blue ocean where life is at its most serene.

Last Agent to Sell the Property

Andy Carter

Fiv Realty Co License #01907002 Listed on: 03/29/2023

Co-Listed By

Tim Smith

Coldwell Banker Realty License #01346878

Last Buyer's Agent

Nick Smith

Compass License #01742384

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 2,480 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LBR2I

Parking

  • 2 Car Attached Garage
  • Public Parking
  • Parking Available

Property Views

  • Ocean
  • Back Bay
  • Harbor
  • Catalina
  • City Lights
  • Canal

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 3,105 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Bar
  • Recessed Lighting
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Built-In Trash or Recycling Cabinet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Parking

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Concrete Porch or Patio
  • Exterior Lighting

Location

  • Across the Road from Lake or Ocean

Schools

  • Naples Elementary School
  • Rogers Middle School
  • Wilson High School

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block 9 / 37
  • Assessor Parcel Number 7245014015
  • $435 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Peninsula Subdivision

Recreation

  • Fishing
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 5623971373
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Peninsula (PI)
  • View: Yes
  • Zoning: LBR2I
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7245014015
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 3105.00 Square Feet
  • Interior Amenities: Balcony, Bar, Elevator, Open Floorplan, Recessed Lighting, Stone Counters
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Accessible Elevator Installed, Parking, See Remarks
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1127.21
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Utility Room, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Stone Counters

Exterior Features

  • Patio: Yes
  • View: Back Bay, Bay, Canal, Catalina, City Lights, Harbor, Ocean, Water
  • Patio And Porch Features: Concrete, Patio, Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Public
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Freezer, Gas Oven, Gas Range, Gas Cooktop, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Naples
  • High School: Wilson
  • Middle Or Junior School: Rogers
  • Elementary School #2: NAPLES
  • High School2: WILSON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 2480
  • Lot Size Sq Ft: 2480.00
  • Lot Size Acres: 0.0569

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2480.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean

Tax Info

  • Tax Block: 37
  • Tax Census Tract: 5775.04
  • Tax Lot: 9
  • TaxOtherAnnualAssessmentAmount: 435.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2024
Sold by
20 S Balboa Place Eat Llc
Bought by
Limelight Family Partners Llc
Current Estimated Value
$3,948,818

Purchase Details

Listed on
Mar 29, 2023
Closed on
Oct 17, 2023
Sold by
Ocean Blvd 89 Llc
Bought by
20 S Balboa Place Eat Llc
Seller's Agent
Andy Carter
Fiv Realty Co
Buyer's Agent
Nick Smith
Compass
List Price
$3,788,888
Sold Price
$3,500,000
Premium/Discount to List
-$288,888
-7.62%
Views
171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%

Purchase Details

Listed on
Mar 29, 2023
Closed on
Aug 11, 2023
Sold by
Fraser Stacey Lynn
Bought by
Fraser Douglas Royce
Seller's Agent
Andy Carter
Fiv Realty Co
Buyer's Agent
Nick Smith
Compass
List Price
$3,788,888
Sold Price
$3,500,000
Premium/Discount to List
-$288,888
-7.62%
Views
171

Purchase Details

Listed on
Mar 29, 2023
Closed on
Aug 10, 2023
Sold by
Ocean Blvd 89 Llc
Bought by
Fraser Douglas Royce
Seller's Agent
Andy Carter
Fiv Realty Co
Buyer's Agent
Nick Smith
Compass
List Price
$3,788,888
Sold Price
$3,500,000
Premium/Discount to List
-$288,888
-7.62%
Views
171

Purchase Details

Closed on
Sep 17, 2015
Sold by
Lorbeer William W
Bought by
Lorbeer William W and William W Lorbeer Separate Property Trus

Purchase Details

Closed on
May 20, 2015
Sold by
Bublitz Wendelyn L
Bought by
Lorbeer William W

Purchase Details

Closed on
Apr 1, 2010
Sold by
Lorbeer William W
Bought by
Lorbeer Enterprises L P

Purchase Details

Closed on
Mar 28, 2007
Sold by
Bublitz Wendelyn Lorbeer
Bought by
Bublitz Maxwell E

Purchase Details

Closed on
Nov 29, 2006
Sold by
Seibert Cynthia Lorbeer
Bought by
Seibert Cynthia L and Cynthia L Seibert Separate Property Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Limelight Family Partners Llc -- None Listed On Document
20 S Balboa Place Eat Llc $3,450,000 First American Title
Fraser Douglas Royce -- First American Title
Fraser Douglas Royce $3,500,000 First American Title
Lorbeer William W -- None Available
Lorbeer William W $517,000 Accommodation
Lorbeer William W $517,000 Accommodation
Seibert Cynthia L -- Accommodation
Lorbeer Enterprises L P -- None Available
Lorbeer Enterprises L P -- None Available
Lorbeer Enterprises L P -- None Available
Bublitz Maxwell E -- None Available
Seibert Cynthia L -- None Available
Bublitz Maxwell E -- None Available
Seibert Cynthia L -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2023 08/21/23 Sold $3,500,000 -5.1% $1,127 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $3,688,888 -2.6% $1,188 / Sq Ft
03/29/2023 03/29/23 For Sale $3,788,888 +129.6% $1,220 / Sq Ft
05/11/2021 05/11/21 Sold $1,650,000 -8.3% $1,322 / Sq Ft View Prior Sale
03/02/2021 03/02/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $1,799,000 -- $1,442 / 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
2025 $19,507 $3,570,000 $2,654,958 $915,042
2024 $19,507 $1,537,986 $875,496 $662,490
2023 $21,808 $1,716,660 $1,144,440 $572,220
2022 $20,448 $1,683,000 $1,122,000 $561,000
2021 $11,452 $926,625 $704,227 $222,398
2020 $11,423 $917,125 $697,007 $220,118
2019 $11,289 $899,143 $683,341 $215,802
2018 $10,958 $881,514 $669,943 $211,571
2016 $9,913 $832,188 $624,141 $208,047
2015 $10,308 $819,688 $614,766 $204,922
2014 $9,438 $803,632 $602,724 $200,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23052035

California Regional Multiple Listing Service (CRMLS)

APN: 7245-014-033