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Status: ACTIVE

1303 E Balboa Blvd 
Newport Beach, CA 92661

$8,000,000

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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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Bedrooms
3
Baths
2.5
House Size
2,562 sqft
Year Built
1972
Lot Size
0.06 ac

Location

Market Insights

In the last 30 days, homes for sale in 92661, Newport Beach, CA were on the market for a median of 99 days and 0% of homes sold above list price.

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Interior Information

appliances
Refrigerator
Double Oven
cooling
Central Air
fireplace
Family Room
Living Room
flooring
Carpet
heating
Forced Air
view
Ocean
Water

Exterior Information

patio and porch
Patio

Property Information

community
Sidewalks
parking
Garage
sewer
Public Sewer
subdivision name
Balboa Peninsula (residential) (
water source
Public
  • Listed By Robert Giem
  • rob@robgiem.com
  • Plus Real Estate
  • (310) 388-3308
  • mlsinfo@sideinc.com
  • MLS NP24195328

Monthly Payments Calculator

Estimated Monthly Cost

$49,117

30 year fixed·6.9% interest rate
Principal & Interest
$42,150
Property Taxes
$6,667
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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