new - 4 days on rocket

723 Balboa Ave, Laguna Beach, CA, 92651

$5,250,000

4 Bedrooms
4 Full Baths
4,030 SqFt
$1,303/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1981
HeatingCentral
CoolingCentral Air
FireplaceFamily Room, Gas, Primary Bedroom
ViewCity Lights, Ocean
MLS #NP24249138
Lot Size0.15 Acres
StatusActive

About 723 Balboa Ave

Welcome to 723 Balboa Ave, an exquisite masterpiece where luxury meets coastal living in perfect harmony. This newly renovated 4000+ square foot residence is a testament to sophistication and elegance, offering unparalleled views of the shimmering ocean from every level. Step into a world of refined opulence, where no detail has been overlooked. From the meticulously landscaped grounds to the top-of-the-line appliances adorning the kitchen, every aspect of this home exudes luxury and grandeur. In the main house, discover a sanctuary in each bedroom, where every room is accompanied by its own luxurious bathroom and panoramic ocean view, offering unparalleled comfort and tranquility. Indulge in the ultimate in convenience and privacy with the optional Accessory Dwelling Unit (ADU), boasting its own kitchen, bedroom. laundry room with a washer/dryer set, and en-suite bathroom. With separate entrances, the ADU provides versatility, whether for guests, extended family, or as a rental opportunity. Elevate your lifestyle with modern amenities such as dual washer/dryer sets and gourmet appliances, ensuring every moment spent in this home is one of comfort and indulgence. Situated in a prime location near fine dining and entertainment, 723 Balboa Ave offers more than just a home – it offers a lifestyle. Don't miss your chance to experience the pinnacle of coastal living. Schedule your exclusive tour today and discover the unparalleled luxury awaiting you at 723 Balboa Ave.

Property Details

Property Features

Property Information:

  • Year Built: 1981
  • Stories: 3
  • Living Area: 4,030 SqFt

Listing Office:

  • Office Name: Alt Financial Network Inc
  • Office Phone: (714) 727-9717
  • Listing Agent: Albert Hanna

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Interior: Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: Family Room, Gas, Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Ocean

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Up Nyes Pl, Left on Balboa Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,250,000
  • Price Per SqFt: $1,303/SqFt

Tax Information:

  • Annual Amount: $10,791
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Laguna Beach, CA.

Med. Sold Price

$3.0M

Med. Price/SqFt

$1,533

Avg. Days On Market

81

# of Sold Homes

18

723 Balboa Ave vs Laguna Beach

4 DAYS ON ROCKET

-77 Days

$5,250,000

+$2.1M More

$1,303/SqFt

-$231 Less

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $231/SqFt less than other homes in Laguna Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24249138

Listing Office:

  • Office Name: Alt Financial Network Inc
  • Office Phone: (714) 727-9717
  • Listing Agent: Albert Hanna

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 10, 1989Home Sold
$560,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,791$970,860
2020$10,620$960,906
2019$10,203$942,065
2018$10,203$923,594
2017$9,916$905,485

History based on county public records data.

Payment Calculator

$26.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4396667
9
/10
  • Top of the World Elementary School

  • 21601 Treetop Ln

  • 1.53 miles

  • Public District Grades KG-5

school-card-donut-4396668
9
/10
  • Moulton Elementary School

  • 29851 Highlands Ave

  • 1.89 miles

  • Public District Grades KG-5

school-card-donut-4396669
9
/10
  • Canyon Vista Elementary School

  • 27800 Oak View Dr

  • 2.82 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $137,500. Typical income of Laguna Beach, CA residents is between $100k-200k annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 723 Balboa Ave

What is the listing price of this property?

The listing price of 723 Balboa Ave property is $5,250,000.

What type of property is this?

The property 723 Balboa Ave is a house located in Laguna Beach, California, 92651.

Is this property for sale now?

Active Listing: 723 Balboa Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,791 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 10, 1989 for $560,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 723 Balboa Ave has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 723 Balboa Ave is 4,030 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 723 Balboa Ave is 1981.
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Rocket HomesCaliforniaOrange CountyLaguna Beach92651723 Balboa Ave

This home is located at 723 Balboa Ave in Laguna Beach, CA and zip code 92651 in the Portafina neighborhood. This 4,030 square foot home, which was built in 1981, sits on a 0.15 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $5,250,000.

Over 3 listings were sold over their listed price in November 2024 in Laguna Beach, CA. In the same period over 14 listings were sold below the listed price and 1 listings were sold for the listed price. Between October 2024 and November 2024, Laguna Beach, CA real estate market has seen decrease in the number of listings by 4%. In November 2024, listings were on the market for 81 days. During the same period, the median list price in this real estate market was $3,081,000.

From Rocket Homes Real Estate and based on county public records data.

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