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Sold for $11,100,000
  • Listed by: EQTY Forbes Global Properties • Tara Foster Shapiro • Contact: 949-438-4908
    Bought with: Coldwell Banker Realty
    $11,100,000

    1217 E Balboa Blvd, Newport Beach, CA 92661

    4beds
    4,000sqft
    Single Family Residence
    Built in 1999
    3,600 Square Feet Lot
    $13,029,600 Zestimate®
    $2,775/sqft
    $10,337 Estimated rent

    Home value

    $13,029,600

    $11.73M - $14.59M

    $10,337/mo

    Zestimate® history
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    What's special

    Oceanfront terraceAttic storageExceptional floor planPanoramic coastline viewsWalk-in pantryVaulted ceilingsAdjacent media room
    A timeless Hampton’s-inspired beach home set on an enviable 45' wide parcel along the Balboa Peninsula oceanfront strand. Light, bright and abundantly spacious interiors convey a sophisticated, beach-chic style that comes across as effortless and calming. The stunning open concept floor plan was designed specifically for friends and family to gather and enjoy the generously scaled indoor and outdoor living spaces. Walls of glass disappear opening onto an impressive outdoor living room, complete with a built-in barbeque/kitchen area, and cozy beach front fire pit. The oceanfront great room and adjoining dining area open to the professional-grade kitchen complimented by gleaming stainless-steel appliances, honed stone counters, custom lighting, a butcher-block service island, and walk-in pantry. The adjacent media room, powder bath, and laundry area complete the first-floor accommodations. The second level living spaces are thoughtfully considered with four generously proportioned bedroom suites. The sunny, welcoming environs of the primary suite provide panoramic coastline views from the world-famous Wedge to Catalina Island and spectacular over-water sunsets. Dramatic, vaulted ceilings, dual his and hers baths and dressing areas, and a connecting sitting room with an oceanfront terrace complete the primary retreat. A rare commodity at the beach, the home also boasts an oversized three car garage with attic storage above and three adjacent outdoor parking spots. An exceptional floor plan, conveyed with an on-point seaside aesthetic are the attributes of this classic Newport Beach oceanfront home. *Possible Seller Finance Option Potential For Qualified Buyer. Call For Details.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tara Foster Shapiro DRE #01892201 949-478-7781,

    EQTY Forbes Global Properties

    Bought with:

    Hunter Jack, DRE #01879200

    Coldwell Banker Realty

    Tim Smith, DRE #01346878

    Coldwell Banker Realty

    Source: CRMLS,MLS#: NP23199245MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Attic, Entry/Foyer, Family Room, Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other, Pantry, Dining Room
    Bathroom
    • Features: Bathtub, Enclosed Toilet, Soaking Tub, Separate Shower, Vanity, Walk-In Shower
    Kitchen
    • Features: Kitchen Island, Kitchen/Family Room Combo, Stone Counters, Updated Kitchen, Utility Sink, Walk-In Pantry
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Dual, Zoned
    Appliances
    • Included: 6 Burner Stove, Built-In Range, Barbecue, Double Oven, Dishwasher, Freezer, Gas Cooktop, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Water Softener, Water Heater, Water Purifier
    • Laundry: Inside, Laundry Room
    Features
    • Beamed Ceilings, Breakfast Bar, Balcony, Crown Molding, Separate/Formal Dining Room, Open Floorplan, Pantry, Paneling/Wainscoting, Stone Counters, Recessed Lighting, See Remarks, Storage, Wired for Sound, Attic, Dressing Area, Entrance Foyer, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
    • Flooring: Wood
    • Has fireplace: Yes
    • Fireplace features: Gas Starter, Living Room, Masonry, Primary Bedroom, Outside, See Remarks
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 4,000 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Door-Multi, Direct Access, Garage, One Space, See Remarks, Storage
    • Attached garage spaces: 3
    • Uncovered spaces: 3
    Features
    • Levels: One,Two
    • Stories: 1
    • Entry location: Front Door
    • Patio & porch: Deck, Patio, See Remarks
    • Exterior features: Awning(s), Barbecue, Lighting
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Catalina, City Lights, Coastline, Ocean, Panoramic, Water
    • Has water view: Yes
    • Water view: Coastline,Ocean,Water
    • Waterfront features: Beach Access, Beach Front, Navigable Water, Ocean Access, Ocean Front, Ocean Side Of Highway
    Lot
    • Size: 3,600 Square Feet
    • Dimensions: 45 x 80
    • Features: Drip Irrigation/Bubblers, Landscaped, Rectangular Lot
    Details
    • Parcel number: 04816308
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Single Family Residence
    Materials
    • Shingle Siding, Stone
    Condition
    • Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 1999

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Fishing, Storm Drain(s), Sidewalks, Urban, Water Sports
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Balboa Peninsula (Residential) (Balp)
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $2,775/sqft
    • Tax assessed value: $11,322,000
    • Annual tax amount: $119,030
    • Date on market: 10/25/2023
    • Cumulative days on market: 269 days
    • Listing terms: Cash,Cash to New Loan,Conventional,Owner May Carry

    Price history

    DateEventPrice
    3/11/2024Sold$11,100,000-5.9%$2,775/sqft
    Source: CRMLS #NP23199245 Report a problem
    3/5/2024Pending sale$11,795,000$2,949/sqft
    Source: CRMLS #NP23199245 Report a problem
    2/21/2024Contingent$11,795,000$2,949/sqft
    Source: CRMLS #NP23199245 Report a problem
    10/25/2023Listed for sale$11,795,000-18.4%$2,949/sqft
    Source: CRMLS #NP23199245 Report a problem
    8/3/2023Listing removed--
    Source: bridgeMLS/CCAR/Bay East AOR #CRNP23090923 Report a problem
    6/5/2023Listed for sale$14,450,000+85.3%$3,613/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #CRNP23090923 Report a problem
    1/6/2017Sold$7,800,000-5.9%$1,950/sqft
    Source: Public Record Report a problem
    12/3/2016Price change$8,285,000-7.7%$2,071/sqft
    Source: HOM Sotheby's International Realty #NP16716583 Report a problem
    10/3/2016Listed for sale$8,975,000+49.6%$2,244/sqft
    Source: HOM Sotheby's International Re #NP16716583 Report a problem
    3/1/2005Sold$6,000,000+144.9%$1,500/sqft
    Source: Public Record Report a problem
    6/19/1998Sold$2,450,000+157.9%$613/sqft
    Source: Public Record Report a problem
    9/3/1997Sold$950,000$238/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$119,030 +26.5%$11,322,000 +27.6%
    2024$94,073 +2.7%$8,875,067 +2%
    2023$91,593 +1.7%$8,701,047 +2%
    2022$90,089 +2%$8,530,439 +2%
    2021$88,356 +1%$8,363,176 +1%
    2020$87,509 $8,277,422 +2%
    2019$87,509 +2.1%$8,115,120 +2%
    2018$85,676 +18.7%$7,956,000 +16.6%
    2017$72,194 $6,823,769 +2%
    2016$72,194 +2.3%$6,689,970
    2015$70,562 -0.1%$6,689,970
    2014$70,668 $6,689,970
    2013-- $6,689,970 +11%
    2012-- $6,027,000
    2011-- $6,027,000
    2010-- $6,027,000
    2009-- $6,027,000 -3.5%
    2008-- $6,242,400
    2007-- $6,242,400 +2%
    2006-- $6,120,000 +118.1%
    2005-- $2,806,556 +2%
    2004-- $2,751,526 +1.9%
    2003-- $2,701,097 +2%
    2002-- $2,648,135 +2%
    2001$27,292 +2.5%$2,596,211 +2%
    2000$26,622 $2,545,305
    Find assessor info on the county website

    Neighborhood: 92661

    Nearby schools

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    Estimated market value
    $13,029,600
    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
    $13,029,600