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Off market
  • $5,378,600

    118 Apolena Ave, Newport Beach, CA 92662

    4beds
    2,085sqft
    SingleFamily
    Built in 1933
    2,570 Square Feet Lot
    $5,378,600 Zestimate®
    $2,580/sqft
    $7,800 Estimated rent

    Home value

    $5,378,600

    $4.84M - $6.02M

    $7,800/mo

    Zestimate® history
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    $33,503/mo

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    What's special

    PRICE REDUCED $115,000 ON THIS COMPLETELY TURNKEY BALBOA ISLAND CLASSIC BEACH COTTAGE! Built in 1933 by famed architect and builder Leon Yale, this home is ideally located on the "Story Book Row" 100 block of Apolena Avenue, just up the street from the South Bayfront. The perfect blend of old and new, there are 4 bedrooms, 1 on the main floor, 3 bathrooms, vaulted ceilings throughout, restored wood flooring, tongue & groove interior walls, NEST controlled cooling & heating systems, double paned windows, Italian Carrera marble countertops in the kitchen, 2 new tankless hotwater heaters, dumbwaiter service from first floor & many unique interior wood carved niches. The master suite is a timeless oasis of luxury with a cozy fireplace, soaking tub, double walk-in closets and private outside terrace with spiral staircase that leads to a spacious new rooftop deck with lounge seating, complete kitchen, and fireplace. The exterior landscaping features a brick patio in the front entrance with a tranquil fountain and relaxing picket-fenced sitting area and a private covered back patio perfect for outdoor entertaining. The home has also been a successful vacation rental and would be a great investment property as well as one of Balboa Island's finest homes!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    Heating
    • None, Other
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,085 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stone, Brick
    • Has view: Yes
    • View description: City
    Lot
    • Size: 2,570 Square Feet
    Details
    • Parcel number: 05011305

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1933

    Community & HOA

    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $2,580/sqft
    • Tax assessed value: $3,441,295

    Price history

    DateEventPrice
    5/18/2016Sold$2,850,000-1%$1,367/sqft
    Source: Public Record Report a problem
    4/19/2016Pending sale$2,880,000$1,381/sqft
    Source: Abrams Coastal Properties #NP16019068 Report a problem
    3/1/2016Price change$2,880,000-3.8%$1,381/sqft
    Source: Abrams Coastal Properties #NP16019068 Report a problem
    1/29/2016Listed for sale$2,995,000+46.1%$1,436/sqft
    Source: Abrams Coastal Properties #NP16019068 Report a problem
    4/12/2013Sold$2,050,000-6.6%$983/sqft
    Source: Public Record Report a problem
    2/17/2013Pending sale$2,195,000$1,053/sqft
    Source: Waterpointe Real Estate Group #U12004879 Report a problem
    1/17/2013Listed for sale$2,195,000+237.7%$1,053/sqft
    Source: Waterpointe Real Estate Group #U12004879 Report a problem
    4/21/1999Sold$650,000$312/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $3,441,295 +2%
    2025$38,404 +1.5%$3,373,819 +2%
    2024$37,846 +2.5%$3,307,666 +2%
    2023$36,932 +9.2%$3,242,810 +2%
    2022$33,807 +2%$3,179,226 +2%
    2021$33,158 +1%$3,116,889 +1%
    2020$32,840 $3,084,930 +2%
    2019$32,840 +2.1%$3,024,442 +2%
    2018$32,157 +3.9%$2,965,140 +2%
    2017$30,957 $2,907,000 +35.3%
    2016$30,957 +35.2%$2,149,059 +1.5%
    2015$22,903 +4.6%$2,116,779 +3.3%
    2014$21,887 $2,050,000 +139.8%
    2013-- $854,841 +2%
    2012-- $838,080 +2%
    2011-- $821,648 +0.8%
    2010-- $815,508 -0.2%
    2009-- $817,446 +2%
    2008-- $801,418 +2%
    2007-- $785,704 +2%
    2006-- $770,299 +2%
    2005-- $755,196 +2%
    2004-- $740,389 +2.5%
    2003-- $722,171 +4.7%
    2002-- $689,785 +2%
    2001$6,884 +2.6%$676,260 +2%
    2000$6,709 $663,000
    Find assessor info on the county website

    Neighborhood: 92662

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lincoln
    • Middle: Corona Del Mar
    • High: Corona Del Mar
    • District: Newport Mesa Unified

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $5,378,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,378,600