928 E Balboa Blvd Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $8,475,000 - $10,699,671
4
Beds
5.5
Baths
3,341
Sq Ft
$2,790/Sq Ft
Est. Value
Highlights
- Ocean View
- Private Dock Site
- Pier
- Newport Elementary School Rated A
- Home fronts a seawall
- 2-minute walk to Balboa Peninsula Park
About This Home
As of September 2023Welcome to 928 East Balboa Blvd., a simply gorgeous Peninsula bayfront home with a rare oversized patio, grassy yard and a dock able to accommodate a 50ft vessel and a Duffy boat. Newly constructed in 2016 this meticulously maintained beach house exudes casual seaside elegance on all three levels with high ceilings and inviting, sunlit rooms clad in tasteful finishes. The premium chef’s kitchen is open to a grand living space with direct views of the outdoor living area, city lights at night, and boats passing by on the bay. Each of the three guest bedrooms have an abundance of natural light and en suite bathrooms. The master retreat is generously sized and includes two walk-in closet, sitting area, and a beautiful serene private deck - perfect for taking in the sunset and views of Fashion Island. Revel in year-round indoor/outdoor living on the third floor; as you enter you are greeted by a spacious rear deck with rare views of both the ocean and bay in addition to a full bedroom with a kitchenette and a front deck with unbelievable views of the bay and city lights; complete with a wet bar, dishwasher, built in BBQ, and large dining area - it is the ideal setting for entertaining. Just a short stroll to the Balboa pier, Fun Zone, Balboa Island Ferry, the Wedge, and world-class dining that Newport Beach has to offer. In addition to panoramic views from each level, this luxurious bayfront is complete with a two-car garage.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01210754 Listed on: 08/30/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $137,116
Year Built
- Built in 2016
Lot Details
- 4,233 Sq Ft Lot
- Home fronts a seawall
- Property Fronts a Bay or Harbor
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
- Parking Available
- Single Garage Door
Property Views
- Ocean
- Bay
- City Lights
Home Design
- Custom Home
- Cape Cod Architecture
- Turnkey
Interior Spaces
- 3,341 Sq Ft Home
- 3-Story Property
- Awning
- Wine Cellar
- Family Room Off Kitchen
- Living Room with Fireplace
- Wood Flooring
- Laundry Room
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Six Burner Stove
- Built-In Range
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom Retreat
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Makeup or Vanity Space
- Soaking Tub
- Separate Shower
Outdoor Features
- Pier
- Boat Slip
- Private Dock Site
- Docks
- Deck
- Patio
- Outdoor Grill
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 04814137
- $357 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Subdivision
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2023
Closed on
Sep 15, 2023
Sold by
928 East Balboa Blvd Llc
Bought by
Hitchcock Non-Exempt Subtrust and Hitchcock H
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Luke Lighthouse
Engel & Völkers Newport Beach
List Price
$12,995,000
Sold Price
$12,995,000
Total Days on Market
6
Views
96
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
-$3,674,443
Avg. Annual Appreciation
-17.95%
Purchase Details
Listed on
Feb 16, 2017
Closed on
May 26, 2017
Sold by
Newport Bay Homes L P
Bought by
928 East Balboa Blvd Llc
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Rand Penrod
Compass
List Price
$7,695,000
Sold Price
$7,200,000
Premium/Discount to List
-$495,000
-6.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Purchase Details
Listed on
Jun 7, 2012
Closed on
Aug 14, 2012
Sold by
Ruper Robert F
Bought by
Ogilvie Bruce and The Bruce Ogilvie Jr Trust
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Ryan Gunderson
Arbor Real Estate
List Price
$5,600,000
Sold Price
$4,900,000
Premium/Discount to List
-$700,000
-12.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Purchase Details
Closed on
Oct 3, 2003
Sold by
Ruper Robert F and Ruper Kathleen
Bought by
Ruper Robert F and The Robert F Ruper 1976 Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,024,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 13, 2001
Sold by
Ruper Robert F
Bought by
Ruper Robert Frank and Ruper Kathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.25%
Purchase Details
Closed on
Dec 24, 1995
Sold by
Ruper Kathleen
Bought by
Ruper Robert F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.37%
Purchase Details
Closed on
Feb 15, 1993
Sold by
Ruper Robert F and Ruper Kathleen
Bought by
Ruper Robert F and Robert F Ruper 1976 Trust
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hitchcock Non-Exempt Subtrust | $12,995,000 | First American Title | |
| 928 East Balboa Blvd Llc | $7,200,000 | First American Title Company | |
| Ogilvie Bruce | -- | None Available | |
| Ruper Robert F | -- | Gateway Title Company | |
| Ruper Robert Frank | -- | First American Title Ins Co | |
| Ruper Robert F | -- | First American Title Ins Co | |
| Ruper Robert F | -- | First American Title Insuran |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ruper Robert F | $1,024,000 | |
| Previous Owner | Ruper Robert Frank | $1,000,000 | |
| Previous Owner | Ruper Robert F | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2023 09/28/23 | Sold | $12,995,000 | 0.0% | $3,890 / Sq Ft |
| 09/05/2023 09/05/23 | Pending | -- | -- | -- |
| 08/30/2023 08/30/23 | For Sale | $12,995,000 | +80.5% | $3,890 / Sq Ft |
| 06/02/2017 06/02/17 | Sold | $7,200,000 | -6.4% | $2,155 / Sq Ft |
| 05/07/2017 05/07/17 | Pending | -- | -- | -- |
| 02/16/2017 02/16/17 | For Sale | $7,695,000 | +57.0% | $2,303 / Sq Ft |
| 08/24/2012 08/24/12 | Sold | $4,900,000 | -12.5% | $1,149 / Sq Ft |
| 06/07/2012 06/07/12 | For Sale | $5,600,000 | -- | $1,314 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $137,116 | $12,995,000 | $11,351,346 | $1,643,654 |
| 2023 | $84,565 | $8,031,736 | $6,573,586 | $1,458,150 |
| 2022 | $83,175 | $7,874,251 | $6,444,692 | $1,429,559 |
| 2021 | $81,576 | $7,719,854 | $6,318,325 | $1,401,529 |
| 2020 | $80,794 | $7,640,697 | $6,253,538 | $1,387,159 |
| 2019 | $79,102 | $7,490,880 | $6,130,920 | $1,359,960 |
| 2018 | $77,518 | $7,344,000 | $6,010,705 | $1,333,295 |
| 2017 | $40,576 | $3,821,697 | $2,481,774 | $1,339,923 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Bibb
Seller's Agent in 2023
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
53 in this area
124 Total Sales
-
Luke Lighthouse
L
Buyer's Agent in 2023
Luke Lighthouse
Engel & Völkers Newport Beach
(949) 887-4746
1 in this area
4 Total Sales
-
Tara Shapiro
Seller's Agent in 2017
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
40 in this area
95 Total Sales
-
Rand Penrod
Buyer's Agent in 2017
Rand Penrod
Compass
(949) 294-5234
70 Total Sales
-
Steve High
Seller's Agent in 2012
Steve High
Pacific Sotheby’s International Realty
(949) 874-4724
4 in this area
72 Total Sales
-
Tim Carr
Seller Co-Listing Agent in 2012
Tim Carr
Pacific Sotheby's Int'l Realty
(949) 629-7083
3 in this area
158 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23161242
APN: 048-141-37
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