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1303 E Balboa Boulevard

Newport Beach, CA 92661
  • $8,000,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: NP24195328
UPDATED: 29 min ago
$8,000,000
  • 3
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,562
    SQFT
  • $3,123
    $/SQFT
Type:
Single-Family Home
Built:
1972
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Agent(s): Robert Giem of Compass (949-438-4340)


Description

Located past the last turnout on the boardwalk at Peninsula Point, this highly desired location is close enough to walk to many of the area's most desirable amenities yet also private and serene. The oversized lot affords this spacious and meticulously kept home featuring an "upside down" floor plan with living areas on both levels. Perfect for entertaining at the beach, it includes a family room opening to a large terrace on the beach level. Upstairs, there are vaulted ceilings and a fireplace in the very large, open-concept great room overlooking the coastline and ocean. The Catalina and sunset views are not to be missed. The home also includes a spacious master suite upstairs, two additional bedrooms with a bath downstairs, a guest bath, laundry room, and an amazing oversized garage with parking for three cars and over-height ceilings ideal for beach storage. The elevation change on the lot - which is a rarity among oceanfront properties in Newport - affords extra buildability which has been captured in this structure. This home is very well-kept and is ideal for those looking to personalize a home without having to build new. The location is excellent and is close to world-famous Wedge, the Balboa Pier, Balboa Island, and several neighborhood parks. The beach here is very deep and rarely attracts the crowds found elsewhere on the peninsula. This is an extraordinary opportunity for such a location, and priced attractively for the value-conscious buyer.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-14T09:28:25.06. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/155760011
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1303 E Balboa Boulevard Newport Beach, CA 92661

  • Price: $8,000,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 29 min ago
  • ID#: NP24195328
3
Beds
2
Baths
1
½ Baths
0.06
Acres
2,562
SQFT
$3,123
$/SQFT
1972
Built
Neighborhood:
Balboa Peninsula (Residential) (Balp)
County:
Orange
Area:
NP - Balboa Peninsula
Elementary School:
Newport
Middle School:
Ensign
High School:
Newport Harbor
School District:
Newport Mesa Unified
Property Description
Located past the last turnout on the boardwalk at Peninsula Point, this highly desired location is close enough to walk to many of the area's most desirable amenities yet also private and serene. The oversized lot affords this spacious and meticulously kept home featuring an "upside down" floor plan with living areas on both levels. Perfect for entertaining at the beach, it includes a family room opening to a large terrace on the beach level. Upstairs, there are vaulted ceilings and a fireplace in the very large, open-concept great room overlooking the coastline and ocean. The Catalina and sunset views are not to be missed. The home also includes a spacious master suite upstairs, two additional bedrooms with a bath downstairs, a guest bath, laundry room, and an amazing oversized garage with parking for three cars and over-height ceilings ideal for beach storage. The elevation change on the lot - which is a rarity among oceanfront properties in Newport - affords extra buildability which has been captured in this structure. This home is very well-kept and is ideal for those looking to personalize a home without having to build new. The location is excellent and is close to world-famous Wedge, the Balboa Pier, Balboa Island, and several neighborhood parks. The beach here is very deep and rarely attracts the crowds found elsewhere on the peninsula. This is an extraordinary opportunity for such a location, and priced attractively for the value-conscious buyer.
Exterior Features

Attached Garage YN Yes Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Parking Features Garage Parking Total 3 Patio And Porch Features Patio Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Sign On Property YN No Spa Features None Spa YN No View CatalinaOceanWater View YN Yes Waterfront Features Beach AccessBeach FrontOcean Access

Interior Features

Appliances Double OvenRefrigerator Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Family RoomLiving Room Fireplace YN Yes Flooring CarpetWood Heating Central Heating YN Yes Interior Features BalconyEat-in KitchenPantryBedroom on Main Level Main Level Bathrooms 1 Main Level Bedrooms 2

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingStreet LightsSidewalks Garage YN Yes Land Lease YN No Laundry Features InsideLaundry Room Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional New Construction YN No Possession Close Of Escrow Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type House Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-14T09:28:25.06. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Robert Giem of Compass (949-438-4340)