2116 E Balboa Blvd, Newport Beach, CA 92661
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2116 E Balboa Blvd Newport Beach, CA 92661

$16,700,000 Sold Price as of 06/05/2023
  • 4 Beds
  • 5.5 Baths
  • 5,624 Sq.Ft.
Sold
$16,700,000 Sold Price as of 06/05/2023 Refinance Your Mortgage

Map preview of 2116 E Balboa Blvd, Newport Beach, CA 92661

Property Overview: 2116 E Balboa Blvd Newport Beach, CA has 4 bedrooms, 5.5 bathrooms, 5,624 living square feet and 10,752 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Introducing an unparalleled masterpiece, a magnificent French-inspired home nestled in the prestigious Peninsula Point of Newport Beach. This extraordinary residence boasts a prime bay-front location, offering an unrivaled opportunity for discerning buyers of exceptional means. With an impressive fifty-five feet of coveted bay frontage, this home presents a rare chance to indulge in the epitome of luxury coastal living. Immerse yourself in the timeless elegance and exquisite craftsmanship showcased throughout this grand estate. Every detail has been meticulously designed to cater to the most discerning tastes, creating an ambiance of opulence and sophistication. From the moment you enter, you will be greeted by breathtaking views of the bay, seamlessly merging the indoor and outdoor spaces. Envision endless days spent savoring the gentle ocean breezes, basking in the glorious sunsets, and relishing the serene waterfront lifestyle. This remarkable residence offers the ideal canvas for creating lasting memories, with its unparalleled beauty and proximity to a plethora of world-class amenities. Embrace this exclusive opportunity to own a French-inspired masterpiece on the bay-front of Newport Beach's Peninsula Point and elevate your lifestyle to new heights.

Listed by Charlie Price | BRE #02007776 | EQTY Forbes Global Properties
Last checked: 15 minutes ago | Last updated: June 9th, 2023 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
10,752
HOA Dues
$0/mo
Year built
1972
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC23098997
City
Newport Beach
County
Orange
Time on Site
361 days

Property Details for 2116 E Balboa Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Den, Dining Room, Master Bedroom
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 3
  • Art Studio, Attic, Den, Family Room, Guest/Maid's Quarters, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Water Heater
  • Kitchen Island, Pots & Pan Drawers, Stone Counters
Bathroom Information
  • # of Baths (Full): 5
  • # of Baths (1/2): 1
Interior Features
  • High Ceilings, Pantry, Recessed Lighting, Stone Counters, Tray Ceiling(s), Wet Bar
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Tile
  • No Spa
  • Spa Features: None
  • Has Sprinklers
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Paved, Garage, Garage Faces Front, Garage - Two Door
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre, Garden, Landscaped, Lot 10000-19999 Sqft, Irregular Lot, Sprinkler System, Sprinklers Drip System, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Back Bay, Bay, City Lights, Coastline, Harbor, Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04830110
  • Year Built Source: Assessor
  • Architectural Style: French
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula Point (BLPP)
  • Directions: PCH to Balboa Blvd
Neighborhood Information
  • Community Features: Biking, Fishing, Gutters, Watersports, Street Lights
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Sale History for 2116 E Balboa Blvd

Last sold for $16,700,000 on June 5th, 2023
  • June, 2023

  • Jun 5, 2023

    Date

    Active

    CRMLS: OC23098997

    $16,700,000

    Price

  • Jun 5, 2023

    Date

    Sold

    CRMLS: OC23098997

    $16,700,000

    Price

  • September, 1998

  • Sep 2, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 1994

  • Jul 13, 1994

    Date

    Sold (Public Records)

    Public Records

    $3,150,000

    Price

Show More

Tax History for 2116 E Balboa Blvd

Assessed Value (2020): $7,916,449
Year Land Value Improved Value Assessed Value
2020 $7,216,250 $700,199 $7,916,449

Home Value Compared to the Market

This property vs the competition

2116 E Balboa Blvd sold on June 5, 2023 for 386.35% higher than the current median sold price for the city of Newport Beach which is $3,700,000. The median sold price per/sqft for Newport Beach is $1,360 and this home is sold at $3199.68 per/sqft which puts the price per square foot 135.27% higher than the current median sale per square foot for the city of Newport Beach.

About 2116 E Balboa Blvd

Detailed summary of property

2116 E Balboa Blvd is a single family home that recently sold in Newport Beach, CA 92661. This house offered 4 bedrooms, 5.5 bathrooms, roughly 5,624 living square feet, and sits on an approximately 10,752 square foot lot. 2116 E Balboa Blvd was first listed on ArdentRealEstateGroup.com on June 6, 2023. The homeowner sold the property for $16,700,000. Home in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 386.35% higher than the current median priced home. Local homes that are currently for sale include 24 Tide Watch, 2 Blue Shore and 8 Blue Shore. There are currently 301 homes for sale in the Newport Beach real estate market and 224 of them are single family homes while 65 of them are condos and 12 are townhomes. For more information on this home for sale at 2116 E Balboa Blvd Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 2116 E Balboa Blvd

Public county record property details
Beds
4
Baths
5
Year built
1972
Sq. Ft.
5,624
Lot Size
10,752
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
--
APN
048-301-10

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,695,000
Median List Price/Sq.Ft.
$2,144
Median Sold Price
$4,625,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
50
Median Sale to List Price %
92.59%
Avg Days on Market
69
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

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Related Resources to 2116 E Balboa Blvd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.