The perfect seaside paradise ideally located on the world class Peninsula Point, this LUXURY BAY FRONT home exemplifies the enviable coastal lifestyle with its warm contemporary design and sweeping channel, ocean and CDM cliff-cape views, being the ONLY Bayfront which ALSO has a view of THE WEDGE waves & home to the hottest surf spot in the USA. Enter through a private courtyard as the soothing sound of the garden waterfall welcomes you to the 2-story atrium. The entryway is adorned w/ 20 FT CEILINGS with natural light flowing seamlessly to the main floor, with bay views from every nook of relaxation thanks to the glass bay wall. The kitchen features sleek modern cabinetry and top-of-the-line appliances, and a casual breakfast bar. A main floor office can double as a bedroom. A sunken living room looks out onto the bay front patio, where an oversized spa & waterfall accompany a private dock for your Duffy or vessel. A roughly 20-foot indoor water-feature and aquarium top-off the nautical living space, while the modern staircase whisks you upstairs, where you'll find 3 ensuite bedrooms. The luxurious master will ensure a restful night's sleep w/ dual fireplace, soaking tub & large walk-in closet, while a coffee/wet bar & private waterfront balcony w/ bay views await you for relaxing. Ideal for entertaining the 1200 sq. ft. rooftop deck features panoramic water views of the Wedge beach, bay and coastline. A built-in BBQ are the cherry on top for your endless summer gatherings.
Single-familyProperty Type
2003Year Built
3,500 sq ftLot Size
$3,510Est. Price/Sq.Ft.
2 car garageParking
Listed by Lisa Helou•DRE #00624164• Coldwell Banker Realty
Listed by Giovanne Helou•DRE #02068352• Coldwell Banker Realty
Bought with James Longley•DRE #01194394• Berkshire Hathaway HomeServices California Properties
Bought with Shannon Mahoney•DRE #01961135• Berkshire Hathaway HomeServices California Properties
Sited near the tip of Peninsula Point in the most prestigious enclave of homes in the area, this 4 bedroom, 4 bath residence enjoys sweeping panoramas of the channel, harbor, ocean, jetty, Corona del Mar cliffscapes and city lights. Secluded entry garden & soaring two-story interior atrium - while also offering three decadently expansive waterfront terraces from which to soak in the spellbinding vistas of sea and sky. Home is finished in sleek and exotic materials to underscore its contemporary ambiance - with broad expanses of stone, wood & glass softened by the use of water features (interior and exterior), leather upholstery, rich custom paint finishes, art-quality lighting & fixtures and much more. Spacious rooms flow seamlessly into one another for effortless entertaining, year-round. Adding that extra level of opulence is a waterfront spa, an interior waterfall, a master suite with breathtaking views, a rooftop deck and a private dock to accommodate a vessel of up to 35 feet.
CRMLS #L21331
Dec 1, 2007
Listing Removed
—
Feb 3, 2007
Price Changed
$9,500,000
$2,879/sq ft
Sep 9, 2006
Listed
$10,500,000
$3,182/sq ft
Public Records
Jan 28, 2002
Sold
$2,400,000
$727/sq ft
CRMLS #U01760408
Dec 3, 2001
Sold
$2,500,000
$758/sq ft
Jul 18, 2001
Listed
$2,695,000
$817/sq ft
CRMLS #U00705935
Jun 5, 2001
Listing Removed
—
Sep 19, 2000
Listed
$2,495,000
$756/sq ft
CRMLS #U00670600
Sep 19, 2000
Listing Removed
—
Mar 27, 2000
Listed
$2,595,000
$786/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$88,793 (+1.6%)
$7,738,841 + $704,129
$8,442,970
2024
$87,416 (+2.4%)
$7,738,841 + $704,129
$8,442,970
2023
$85,377 (+1.7%)
$7,587,099 + $690,323
$8,277,422
2022
$83,973 (+18.5%)
$7,438,332 + $676,788
$8,115,120
2021
$70,843 (+1.0%)
$7,292,482 + $663,518
$7,956,000
2020
$70,164 (+2.1%)
$6,182,661 + $516,025
$6,698,686
2019
$68,696
$6,119,266 + $510,734
$6,630,000
2018
$68,661 (+15.3%)
$5,999,280 + $500,720
$6,500,000
2017
$59,552 (+0.3%)
$5,122,280 + $500,720
$5,623,000
2016
$59,363 (−0.6%)
$5,122,280 + $500,720
$5,623,000
2015
$59,701 (+13.0%)
$5,122,280 + $500,720
$5,623,000
2014
$52,848
$4,494,280 + $500,720
$4,995,000
2013
$52,828 (+12.0%)
$4,494,280 + $500,720
$4,995,000
2012
$47,167 (+0.2%)
$4,494,280 + $500,720
$4,995,000
2011
$47,055
$3,999,280 + $500,720
$4,500,000
2010
$47,043 (−29.1%)
$3,999,280 + $500,720
$4,500,000
2009
$66,317 (+127.5%)
$3,999,280 + $500,720
$4,500,000
2008
$29,152
$5,863,280 + $500,720
$6,364,000
Tax history for 2278 Channel Rd Rd
Year
Property tax
Land + Additions
Assessment*
2025
$88,793 (+1.6%)
$7,738,841 + $704,129
$8,442,970
2024
$87,416 (+2.4%)
$7,738,841 + $704,129
$8,442,970
2023
$85,377 (+1.7%)
$7,587,099 + $690,323
$8,277,422
2022
$83,973 (+18.5%)
$7,438,332 + $676,788
$8,115,120
2021
$70,843 (+1.0%)
$7,292,482 + $663,518
$7,956,000
2020
$70,164 (+2.1%)
$6,182,661 + $516,025
$6,698,686
2019
$68,696
$6,119,266 + $510,734
$6,630,000
2018
$68,661 (+15.3%)
$5,999,280 + $500,720
$6,500,000
2017
$59,552 (+0.3%)
$5,122,280 + $500,720
$5,623,000
2016
$59,363 (−0.6%)
$5,122,280 + $500,720
$5,623,000
2015
$59,701 (+13.0%)
$5,122,280 + $500,720
$5,623,000
2014
$52,848
$4,494,280 + $500,720
$4,995,000
2013
$52,828 (+12.0%)
$4,494,280 + $500,720
$4,995,000
2012
$47,167 (+0.2%)
$4,494,280 + $500,720
$4,995,000
2011
$47,055
$3,999,280 + $500,720
$4,500,000
2010
$47,043 (−29.1%)
$3,999,280 + $500,720
$4,500,000
2009
$66,317 (+127.5%)
$3,999,280 + $500,720
$4,500,000
2008
$29,152
$5,863,280 + $500,720
$6,364,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
3,500 Sq. Ft.
Year renovated
2003
Sq. Ft.
3,322
Year built
1980
Style
Single Family Residential
County
Orange County
APN
04829311
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 22, 2026.
R-1
Single-Unit Residential District
The R-1 zoning district is intended to provide for areas appropriate for a range of detached single-family residential dwelling units, each located on a single legal lot, and does not include condominiums or cooperative housing.
Permitted uses
Include but are not limited to:
Livestock production
Day care facility
Housing-Single unit
Housing-Senior
Infrastructure
Nov 27, 2017 • Final
Plumbing other
Perform plumbing work to replace a water heater.
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
Attached Garage
# of Garage Spaces: 2
Boat, Direct Garage Access, Garage
Has Parking
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
Individual Room, Inside
Kitchen Information
Appliances: Barbecue, Built In Range, Dishwasher, Freezer, Gas Oven, Refrigerator, Water Heater Unit
Has Appliances
Breakfast Counter / Bar, Breakfast Nook, In Living Room
Kitchen Open to Family Room
Bathroom Information
# of Baths (Full): 4
Bathtub, Shower, Double Sinks In Master Bath, Walk-in shower
Cooling Information
Central
Has Cooling
Room Information
Bonus Room, Entry, Family Room, Foyer, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Suite, Office, Walk-In Closet
Fireplace Information
Living Room, Primary Bedroom, Gas
Has Fireplace
Flooring Information
Carpet, Stone, Wood
Heating Information
Forced Air
Has Heating
Interior Features
Balcony, Bar, Built-Ins, High Ceilings (9 Feet+), Living Room Deck Attached, Open Floor Plan, Pantry, Storage Space, Sunken Living Room, Two Story Ceilings, Wet Bar
Levels: Two
Main Level Bathrooms: 1
Main Level Bedrooms: 1
Security Features: Fire Sprinklers, Security System, Smoke Detector
Spa Features: Private, Heated, In Ground
Has Spa
Window Features: Custom Covering
Exterior
Exterior Information
Structure Type: House
Fencing: Blockwall, Privacy
Has Fence
Construction Materials: Stucco
Exterior Features
Barbecue Private, Dock Private
Patio And Porch Features: Covered, Patio, Roof Top, Stone
Has Patio
Pool Features: None
Has Sprinklers
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Sprinkler System
Property Information
Total # of Units: 1
Common Walls: No Common Walls
Living Area Source: Developer
Parcel Number: 04829311
Property Condition: Turnkey, Updated/Remodeled
Total # of Stories: 2
Has View
Waterfront Features: Lot on Bay Front, Lot on Navigable Water, Lot on/near Seawall
Year Built Source: Assessor
Utilities
Utilities Information
Sewer: Public Sewer
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: District/Public
Location
Neighborhood Information
Community Features: Biking, Curbs, Fishing, Watersports, Street Lighting
School Information
High School District: Newport Mesa Unified
Location Information
Latitude: 33.59652100
Longitude: -117.88214100
Other Subdivision Name: Balboa Peninsula Point (BLPP)
Directions: Balboa Blvd turns into Channel Rd where the house is the sixth bay-front property from the Wedge beach.
Road Frontage Type: Access via City Streets
Road Surface Type: Maintained
Subdivision Name: Balboa Peninsula Point (BLPP)
Public facts
Beds: 3
Baths: 4.0
Sq. Ft.: 3,322
Stories: —
Lot Size: 3,500 square feet
Style: Single Family Residential
Year Built: 1980
Year Renovated: 2003
County: Orange County
APN: 04829311
Home facts updated by county records on Jul 22, 2026
Newport Beach is renowned for its stunning coastline, world-class harbor, luxury lifestyle, and vibrant waterfront community. With beautiful beaches, premier shopping and dining, top-rated schools, and year-round outdoor recreation, it offers an...