tomo logo

$12,995,000

Beds
3
Baths
4.5
sq ft
3,327

930 E Balboa Blvd, Newport Beach, CA 92661

930 E Balboa Blvd

Newport Beach, CA 92661

  • 31 days on market
Occupying an enviable position on Newport Harbor, this recently built bayfront masterpiece by acclaimed William Guidero Design and Winkle Custom Homes personifies our iconic destination and the idyllic lifestyle it affords. Meticulously crafted with classic lines and a crisp coastal aesthetic showcasing extraordinary sight lines and abundant light, all delivered in a timeless design language befitting of any discerning buyer. Enjoy ever-changing cinematic views and inspired vignettes from all three floors including the newly refurbished rooftop entertaining deck. Boats gently glide across the shimmering bay, harbor lights give way to postcard-worthy backdrops framed by rolling hills and glittering buildings of Fashion Island as historic Balboa Pavillion anchors the inspired scene. Situated on an exceedingly rare, oversized corner-lot, the home features expansive outdoor space as well as a newly-constructed dock able to accommodate a yacht up to 57ft, in addition to a side-tie. The home itself provides every imaginable amenity with a gorgeous Chef's Kitchen outfitted with best-in-class appliances, and chefs office. The grand owner's suite features a large private balcony, fireplace, spa bath, dual closets and of course views perched above the bay. A library nook, two additional guest rooms both with ensuite baths and separate balcony complete the second floor. The penthouse level is an entertainer's dream; A game and cinema room opens to a large beach-facing deck on one side and the bayfront rooftop terrace on the other. Fully outfitted with an outdoor kitchen, fireplace, and breathtaking views. The finished garage, thoughtfully placed and with soaring ceilings allows for generous storage and potential for a car lift. Top-tier audio, visual, security and lighting have all been appointed throughout. An elevator discreetly accesses all levels of the home. A location seemingly plucked off the map to afford the best of all worlds; A stroll away from the Balboa Village, ferry, beaches, pier, boardwalk, shops, restaurants and more. Unable to be duplicated today due to newer zoning, this opportunity is a resounding one.

Details

Property type

Single Family Residence

Est. home value

$12,932,201

Lot size

4,182 sq ft

Price per sq ft

$3,906

Year built

2016

HOA

No

Price History

11/21/2024
CRMLS

CRMLS #NP24238652

Listed
$12,995,000
+10.13%
12/16/2021
CRMLS

CRMLS #NP21265615

Sold
$11,800,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fishing, Golf, Street Lights, Sidewalks, Park

High school district: 

Newport Mesa Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$5,467,386
Asking price
$12,995,000
Closing costs (~8% of asking)
-$1,039,600
Est. remaining loan balance
-$6,488,014
Cash to seller
$5,467,386

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

October 2021

Original loan amount

$6,975,000

Est. remaining balance

$6,488,014

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Balboa Dock Partners Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 1:05 AM

Listing updated: 12/05/2024 at 3:10 AM

Listed by: Andrew Cotton, Compass Phone #: (949) 438-4340

MLS: CRMLS #NP24238652

CRMLS logo

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