Landlord's Agent in 2023
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
19 in this area
88 Total Sales
618 W Oceanfront Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $5,149,128 - $8,198,000
4
Beds
4
Baths
2,200
Sq Ft
$2,854/Sq Ft
Est. Value
Highlights
- Beach Front
- Marina
- Property has ocean access
- Newport Elementary School Rated A
- White Water Ocean Views
- Spa
About This Home
As of September 2023Enjoy life at the beach in this chic coastal contemporary oceanfront home. Rich with amenities and sublime whitewater views this four bedroom, four bathroom home sited along Balboa Peninsula's famed oceanfront boardwalk features multiple living and entertaining areas, including a beachfront family room with built-in wet bar, professional-grade chef's island kitchen, and outdoor hot tub spa and BBQ area. The generous primary suite has its own private patio and an adjoining spa bath with double vanity and walk-in shower. Three additional guest bedrooms and baths, a separate laundry room, and an oversized two car garage complete this rarely available oceanfront lease opportunity. Enjoy a day at the beach and come back to rinse off in your outdoor beach shower. Then sit back, relax, and share a toast to endless sunset views behind Catalina. An unparalleled location being offered as a luxury lease for the first time.
Last Agent to Rent the Property
Coldwell Banker Realty License #01892201 Listed on: 08/14/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 2017
Lot Details
- 2,100 Sq Ft Lot
- Beach Front
- Level Lot
Parking
- 2 Car Direct Access Garage
- Parking Storage or Cabinetry
- Parking Available
- Rear-Facing Garage
- Single Garage Door
Property Views
- White Water Ocean
- Coastline
- Catalina
- City Lights
- Neighborhood
Home Design
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 2,200 Sq Ft Home
- 2-Story Property
- Furnished
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room
- Wood Flooring
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Six Burner Stove
- Built-In Range
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom Suite
- 4 Full Bathrooms
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Spa
- Property has ocean access
- Ocean Side of Highway 1
- Patio
- Terrace
- Exterior Lighting
- Outdoor Grill
Location
- Urban Location
Utilities
- Cooling System Powered By Gas
- Forced Air Zoned Cooling and Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Water Purifier
- Cable TV Available
Listing and Financial Details
- Security Deposit $30,000
- Rent includes sewer, trash collection
- 12-Month Minimum Lease Term
- Available 10/1/23
- Legal Lot and Block 21 / 9
- Tax Tract Number 219
- Assessor Parcel Number 04802405
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Subdivision
Recreation
- Marina
- Fishing
- Dog Park
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2017
Closed on
Sep 6, 2018
Sold by
609 E Balboa Llc
Bought by
Cohen Jeffrey Howard and Cohen Maureen Malia
Seller's Agent
Yazen Haddad
E Realty
Buyer's Agent
Nanette Shapiro
T.N.G. Real Estate Consultants
List Price
$5,650,000
Sold Price
$4,600,000
Premium/Discount to List
-$1,050,000
-18.58%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,678,782
Avg. Annual Appreciation
4.27%
Purchase Details
Closed on
Jun 21, 2016
Sold by
Henry & Mary Alice Lefebvre Trust
Bought by
609 E Balboa Llc
Purchase Details
Closed on
Jan 18, 2011
Sold by
Lefebvre Mary Alice
Bought by
Lefebvre Mary Alice and Henry & Mary Alice Lefebvre Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cohen Jeffrey Howard | $4,600,000 | Fidelity National Title Oran | |
| 609 E Balboa Llc | $3,625,000 | Chicago Title Company | |
| Lefebvre Mary Alice | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/20/2023 09/20/23 | Rented | $15,000 | 0.0% | -- | |
| 08/14/2023 08/14/23 | For Rent | $15,000 | 0.0% | -- | |
| 09/25/2018 09/25/18 | Sold | $4,600,000 | -5.7% | $2,000 / Sq Ft | View Prior Sale |
| 09/07/2018 09/07/18 | Pending | -- | -- | -- | |
| 02/05/2018 02/05/18 | Price Changed | $4,880,000 | -5.8% | $2,122 / Sq Ft | |
| 12/18/2017 12/18/17 | Price Changed | $5,180,000 | -5.8% | $2,252 / Sq Ft | |
| 11/13/2017 11/13/17 | Price Changed | $5,500,000 | -2.7% | $2,391 / Sq Ft | |
| 09/13/2017 09/13/17 | For Sale | $5,650,000 | +22.8% | $2,457 / Sq Ft | |
| 07/03/2017 07/03/17 | Off Market | $4,600,000 | -- | -- | |
| 06/30/2017 06/30/17 | For Sale | $5,650,000 | +22.8% | $2,457 / Sq Ft | |
| 03/14/2017 03/14/17 | Off Market | $4,600,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $51,026 | $4,908,280 | $4,253,771 | $654,509 |
| 2024 | $51,026 | $4,812,040 | $4,170,364 | $641,676 |
| 2023 | $49,762 | $4,717,687 | $4,088,592 | $629,095 |
| 2022 | $48,941 | $4,625,184 | $4,008,424 | $616,760 |
| 2021 | $48,073 | $4,534,495 | $3,929,828 | $604,667 |
| 2020 | $47,612 | $4,488,000 | $3,889,533 | $598,467 |
| 2019 | $48,721 | $4,600,000 | $4,013,267 | $586,733 |
| 2018 | $39,988 | $3,771,450 | $3,651,820 | $119,630 |
| 2017 | $39,280 | $3,697,500 | $3,580,215 | $117,285 |
| 2016 | $1,995 | $163,982 | $97,347 | $66,635 |
| 2015 | $1,973 | $161,519 | $95,884 | $65,635 |
| 2014 | $1,926 | $158,356 | $94,006 | $64,350 |
Source: Public Records
Agents Affiliated with this Home
-
Tara Shapiro
-
Yazen Haddad
Seller's Agent in 2018
Yazen Haddad
E Realty
(562) 881-9947
1 in this area
95 Total Sales
-
Nanette Shapiro
Buyer's Agent in 2018
Nanette Shapiro
T.N.G. Real Estate Consultants
(714) 924-0781
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23151275
APN: 048-024-05
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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