This beautiful bayfront is set on a premier stretch of the coveted Balboa Peninsula Point. Steps from the iconic Wedge Beach on a quiet and broad tree lined street, this waterfront property is the epitome of luxury living. Timeless curb appeal makes a stunning first impression and sets the tone of coastal grandeur that continues as you enter the chic foyer with sweeping staircase. Prepare to be mesmerized by the magnificent kitchen and great room with sparkling bay views, HIGH COFFERED CEILINGS and precision millwork. Enjoy watching colorful sailboats and stunning yachts cruising by from a chef’s dream kitchen, perfect for preparing gourmet meals and hosting catered affairs. Coastal white cabinetry, sand-hued countertops, top-of-the-line appliances and walk-in pantry all surround a striking sea-green island. Opposite the kitchen, a gorgeous fireplace sits center in the expansive living area with a beverage bar and below ground wine cellar. The living area continues outdoors on a sprawling covered deck with built-in BBQ, fire-pit and private dock that can accommodate a Duffy boat or other vessel up to approx 35 ft, and boundless bay views that are the best Newport Beach has to offer. Completing the first floor is a spacious bedroom that can also serve as a den or office with an ensuite bathroom and an opulent half-bath. Retreat upstairs via the stairs or elevator, where you will find a second living room with balcony, two additional bedrooms and bathrooms and separate laundry room. The magnificent primary suite includes a large walk-in closet and bayfront balcony that runs the length of the room’s grand seating area with a fireplace and massive sleeping area. The stately primary bathroom features separate double vanities, makeup area, oversized shower and two private water closets. Family room or den could be 5th bedroom option. The bayfront splendor continues upwards to the rooftop deck with jaw-dropping 360 panoramic views of the bay, CDM and shimmering Pacific Ocean, along with a SPA and lounge seating. A two-car garage offers ample built-in storage and space to park a golf-cart. Enjoy bike riding to coffee and restaurants, access to the private bay beach, and one of the most coveted (and beachfront) schools in the country for your kids. Fall in love with all the wonderful memories this home has to offer.
Sold for $12,500,000
Listed by: The Oppenheim Group • Giovanne Helou • Contact: 949-706-4974
Bought with: The Oppenheim Group
Tax assessed value
$12,500,000
2218 Channel Rd, Newport Beach, CA 92661
5beds
3,817sqft
Single Family Residence
Built in 2013
3,528 Square Feet Lot
$13,071,400 Zestimate®
$3,275/sqft
$7,441 Estimated rent
Home value
$13,071,400
$11.76M - $14.64M
$7,441/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Giovanne Helou DRE #02068352 310-866-9410,
The Oppenheim Group,
Lisa Helou DRE #00624164,
The Oppenheim Group
Bought with:
Giovanne Helou, DRE #02068352
The Oppenheim Group
Source: CRMLS,MLS#: OC24061428
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Bonus Room, Bedroom, Game Room, Media Room, Other, Dining Room
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Multiple Shower Heads, Remodeled, Tub Shower, Vanity, Walk-In Shower
Kitchen
- Features: Kitchen/Family Room Combo, Updated Kitchen
Other
- Features: Walk-In Closet(s)
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Built-In Range, Barbecue, Convection Oven, Double Oven, Dishwasher, Freezer, Disposal, Ice Maker, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan
- Laundry: Laundry Room, Upper Level
Features
- Breakfast Bar, Built-in Features, Balcony, Ceiling Fan(s), Crown Molding, Coffered Ceiling(s), Separate/Formal Dining Room, Elevator, High Ceilings, In-Law Floorplan, Open Floorplan, Pantry, Paneling/Wainscoting, Bar, Bedroom on Main Level, Walk-In Closet(s)
- Flooring: Stone, Wood
- Has fireplace: Yes
- Fireplace features: Great Room, Primary Bedroom, Outside
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,817 sqft
Property
Parking
- Total spaces: 2
- Parking features: Door-Multi, Direct Access, Garage, Storage
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Covered, Deck
- Exterior features: Barbecue, Boat Slip, Dock, Fire Pit
- Pool features: None
- Has spa: Yes
- Spa features: Heated, See Remarks, Roof Top
- Fencing: Block,Excellent Condition
- Has view: Yes
- View description: Catalina, Coastline, Ocean, Panoramic, Water
- Has water view: Yes
- Water view: Coastline,Ocean,Water
- Waterfront features: Bayfront, Dock Access, Ocean Access
Lot
- Size: 3,528 Square Feet
- Features: Drip Irrigation/Bubblers, Landscaped
Details
- Parcel number: 04830113
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom,See Remarks
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Slate
Condition
- Turnkey
- New construction: No
- Year built: 2013
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Curbs, Dog Park, Fishing, Storm Drain(s), Street Lights, Sidewalks, Water Sports
- Security: Security System, Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
- Subdivision: Balboa Peninsula Point (Blpp)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $3,275/sqft
- Tax assessed value: $12,500,000
- Annual tax amount: $132,024
- Date on market: 4/9/2024
- Cumulative days on market: 309 days
- Listing terms: Cash,Cash to New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2024 | Sold | $12,500,000-3.8%$3,275/sqft |
Source:  CRMLS #OC24061428 Report a problem | ||
| 6/5/2024 | Pending sale | $12,995,000$3,405/sqft |
Source: CRMLS #OC24061428 Report a problem | ||
| 4/9/2024 | Listed for sale | $12,995,000$3,405/sqft |
Source: CRMLS #OC24061428 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $132,024 +149.5% | $12,500,000 +150.4% |
| 2024 | $52,924 +2.4% | $4,992,587 +2% |
| 2023 | $51,691 +1.7% | $4,894,694 +2% |
| 2022 | $50,840 +2% | $4,798,720 +2% |
| 2021 | $49,863 +1% | $4,704,628 +1% |
| 2020 | $49,385 | $4,656,388 +2% |
| 2019 | $49,385 +2.1% | $4,565,087 +2% |
| 2018 | $48,354 +3.9% | $4,475,576 +2% |
| 2017 | $46,548 | $4,387,820 +2% |
| 2016 | $46,548 +2.3% | $4,301,785 +1.5% |
| 2015 | $45,497 +3.4% | $4,237,169 +2% |
| 2014 | $44,009 | $4,154,169 |
Find assessor info on the county website
Neighborhood: 92661
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Nearby schools
GreatSchools rating
- 8/10Newport Elementary SchoolGrades: K-6Distance: 2.2 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 2.5 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 2.5 mi
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Estimated market value
$13,071,400
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Estimated market value
$13,071,400
- California
- Orange County
- Newport Beach
- 92661
- 2218 Channel Rd
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