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Sold for $3,400,000
  • Listed by: Abrams Coastal Properties • Donald Abrams • Contact: 949-675-4822
    Bought with: Pacific Sotheby's Int'l Realty
    Tax assessed value
    $3,400,000

    1611 Balboa Ave, Newport Beach, CA 92662

    3beds
    1,357sqft
    Single Family Residence
    Built in 1926
    1,500 Square Feet Lot
    $4,011,500 Zestimate®
    $2,506/sqft
    $6,979 Estimated rent

    Home value

    $4,011,500

    $3.65M - $4.49M

    $6,979/mo

    Zestimate® history
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    What's special

    Here is the quintessential Balboa Island cottage, strategically perched on a sunny Bay-view corner lot on the peaceful and serene Little Island. The spacious, elevated brick-lined front patio opens into the home through a Dutch door or multi-panel sliding doors. The expansive living and dining areas then lead to an updated chef's kitchen, all with stunning water views. The second level showcases 3 bedrooms with vaulted beamed ceilings, including the oversized primary suite with its own generous balcony. Among the home's many fine attributes are quartz counters, central A/C, luxury vinyl floors, and a two-car garage. Both the patio and upper deck provide front-row views of Newport Harbor without the inconvenience of pedestrian boardwalk traffic. Little Balboa Island has underground utilities, wide streets, lots of fresh salt air and sunshine. Don't miss this wonderful home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Donald Abrams DRE #01234323 714-325-9055,

    Abrams Coastal Properties

    Bought with:

    Tracy Bowie, DRE #01234314

    Pacific Sotheby's Int'l Realty

    Source: CRMLS,MLS#: NP24047909MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom, Dining Room
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Quartz Counters
    Kitchen
    • Features: Quartz Counters
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: In Garage
    Features
    • Beamed Ceilings, Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Quartz Counters, All Bedrooms Up
    • Flooring: Vinyl
    • Doors: Sliding Doors
    • Windows: Shutters
    • Has fireplace: Yes
    • Fireplace features: Electric
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,357 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Door-Multi, Garage, Garage Faces Side
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Safe Emergency Egress from Home
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Brick, Deck
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Bay, City Lights, Coastline
    • Has water view: Yes
    • Water view: Bay,Coastline
    • Waterfront features: Across the Road from Lake/Ocean
    Lot
    • Size: 1,500 Square Feet
    • Features: Corner Lot, Walkstreet
    Details
    • Parcel number: 05019226
    • Zoning: R1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Single Family Residence
    Materials
    • Lap Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1926

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Biking, Curbs, Hiking, Park, Sidewalks, Water Sports, Fishing
    • Subdivision: Balboa Island - Little Island (Ball)
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $2,506/sqft
    • Tax assessed value: $3,400,000
    • Annual tax amount: $36,227
    • Date on market: 4/16/2024
    • Cumulative days on market: 148 days
    • Listing terms: Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/18/2024Sold$3,400,000-1.3%$2,506/sqft
    Source: CRMLS #NP24047909 Report a problem
    9/17/2024Pending sale$3,445,000$2,539/sqft
    Source: CRMLS #NP24047909 Report a problem
    9/13/2024Contingent$3,445,000$2,539/sqft
    Source: CRMLS #NP24047909 Report a problem
    5/15/2024Price change$3,445,000-1.4%$2,539/sqft
    Source: CRMLS #NP24047909 Report a problem
    4/16/2024Listed for sale$3,495,000+110%$2,576/sqft
    Source: CRMLS #NP24047909 Report a problem
    4/25/2010Listing removed$1,664,000$1,226/sqft
    Source: NRT California #U9004783 Report a problem
    3/20/2010Price change$1,664,000-7.3%$1,226/sqft
    Source: NRT California #U9004783 Report a problem
    11/7/2009Listed for sale$1,795,000+217.7%$1,323/sqft
    Source: NRT California #U9004783 Report a problem
    8/14/1997Sold$565,000$416/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$36,227 +276.3%$3,400,000 +284.4%
    2024$9,626 +2.4%$884,476 +2%
    2023$9,397 +1.7%$867,134 +2%
    2022$9,237 +2%$850,132 +2%
    2021$9,060 +1%$833,463 +1%
    2020$8,972 $824,917 +2%
    2019$8,972 +2.1%$808,743 +2%
    2018$8,789 +3.9%$792,886 +2%
    2017$8,462 $777,340 +2%
    2016$8,462 +2.3%$762,099 +1.5%
    2015$8,272 +1.7%$750,652 +2%
    2014$8,131 $735,948 +0.5%
    2013-- $732,622 +2%
    2012-- $718,257 +2%
    2011-- $704,174 +0.8%
    2010-- $698,912 -0.2%
    2009-- $700,573 +2%
    2008-- $686,837 +2%
    2007-- $673,370 +2%
    2006-- $660,167 +2%
    2005-- $647,223 +2%
    2004-- $634,533 +1.9%
    2003-- $622,904 +2%
    2002-- $610,691 +2%
    2001$7,124 +2.3%$598,717 +2%
    2000$6,967 $586,978
    Find assessor info on the county website

    Neighborhood: 92662

    Nearby schools

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    Estimated market value
    $4,011,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,011,500