$7,200,000
SOLD JUN 2, 2017
4 Beds
5.5 Baths
3,341 Sq Ft
4,260 Sq Ft Lot

Recently Sold

$2,155 Per Sq Ft

6% Below List Price

80 Days on Market

Highlights

  • Marina
  • White Water Ocean Views
  • Private Dock Site
  • Newport Elementary School Rated A
  • Property has ocean access
  • 2-minute walk to Balboa Peninsula Park

About This Home

As of September 2023

A Modern Traditionalist approach to a classic California Cape Cod affording unparalleled bay front living. With exceptional thought to interior appointments and an air of understated elegance the flexible four bedroom, five and one-half bath layout lends itself to a relaxed waterside lifestyle. Burnished brass exterior gas lanterns, interior and exterior brickwork, and reclaimed hardwood flooring ground the home’s amicable palette. Abundant millwork and honed stone surfaces convey enduring style. From the dramatic light-filled three story entrance to the progression of the great room living, dining and kitchen spaces, interior flows to exterior as walls of glass expose the bay front terrace and deep private beach extending to the harbor. Ascending the second level the expansive master retreat with private lanai captures panoramic water views. Dual spa-like baths and separate dressing areas complete the serene environ. Three guest rooms with en-suite baths are each thoughtfully conveyed. Third level loggia serves as a stunning entertaining venue, with fully equipped outdoor kitchen and impressive bay and city light views. With a unique orientation on the Peninsula this bay front home also captures dazzling ocean coastline views from a third level sundeck. Newly constructed private dock for vessel of over 50 feet and Duffy boat, temperature controlled wine cellar, SmartHome technology, and two car garage with adjacent pad complete this newly constructed home on Newport Harbor.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 02/16/2017

Coldwell Banker Realty

Last Buyer's Agent

Rand Penrod

Compass License #01719236

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $137,116

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 4,260 Sq Ft Lot
  • Home fronts a seawall
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Drip System Landscaping
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • White Water Ocean
  • Marina
  • Coastline
  • Bay
  • Harbor
  • Views of a pier
  • Panoramic
  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,341 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Awning
  • Custom Window Coverings
  • Entrance Foyer
  • Wine Cellar
  • Great Room
  • Living Room with Fireplace
  • Loft
  • Bonus Room

Kitchen

  • Walk-In Pantry
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Six Burner Stove
  • Built-In Range
  • Indoor Grill
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Stone Bathroom Countertops
  • Soaking Tub
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Pier
  • Boat Slip
  • Private Dock Site
  • Docks
  • Ocean Side of Highway 1
  • Balcony
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill

Location

  • Urban Location

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 104
  • Assessor Parcel Number 04814131

Community Details

Overview

  • No Home Owners Association

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$137,116

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04814131
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3341.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Brick Walls, Built-in Features, High Ceilings, Home Automation System, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Wired for Data, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Master Retreat, Outside, Gas
  • Levels: Two, Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2155.04
  • Room Type: Bonus Room, Dressing Area, Entry, Foyer, Great Room, Kitchen, Laundry, Loft, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Window Features: Custom Covering, Skylight(s)
  • Bathroom Features: Bathtub, Shower, Linen Closet/Storage, Separate Tub And Shower, Soaking Tub, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Walk-In Pantry

Exterior Features

  • Foundation: Slab
  • Exterior Features: Awning(s), Barbecue Private, Boat Slip, Dock Private, Lighting, Pier
  • View: Bay, City Lights, Coastline, Harbor, Marina, Mountain(s), Neighborhood, Ocean, Panoramic, Pier, Water, White Water
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access, Garage - Single Door, Garage Door Opener, Private, Off Street
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Indoor Grill, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan
  • Heating Type: Zoned, Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level, Sprinklers Drip System
  • Lot Size Sq Ft: 4260.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Access, Includes Dock, Marina in Community, Navigable Water, Ocean Access, Ocean Side Of Highway 1, Seawall

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 13
  • Tax Tract Number: 104

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
Views
96
Current Estimated Value
$9,497,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,497,085
Avg. Annual Appreciation
-15.28%

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
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $12,995,000 First American Title
Grant Deed $7,200,000 First American Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- Gateway Title Company
Interfamily Deed Transfer -- First American Title Ins Co
Quit Claim Deed -- First American Title Ins Co
Grant Deed -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,024,000 Purchase Money Mortgage
Previous Owner $1,000,000 No Value Available
Previous Owner $1,000,000 No Value Available
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

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 $137,116 $13,254,900 $11,578,373 $1,676,527
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17032663

California Regional Multiple Listing Service (CRMLS)

APN: 048-141-37