1003 E Balboa Blvd, Newport Beach, CA 92661
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1003 E Balboa Blvd Newport Beach, CA 92661

$7,999,000
  • 8 Beds
  • 3 Baths
  • 3,570 Sq.Ft.
For Sale
$7,999,000 Get Pre-Qualified

Map preview of 1003 E Balboa Blvd, Newport Beach, CA 92661

Property Overview: 1003 E Balboa Blvd Newport Beach, CA has 8 bedrooms, 3 bathrooms, 3,570 living square feet and 3,920 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Balboa Peninsula Oceanfront compound on the boardwalk in Newport Beach with coveted short term rental permit. The Large house features panoramic views from Dana Point to Catalina with 3 stories, an elevator, 6 bedrooms and 6 baths. The master bedroom is on the second floor and offers unobstructed ocean views. The private courtyard is a great way to enjoy the beachfront living and connects the main house to the 3 car garage. The second unit is a 2 bedroom, 1 bath located above the garage with separate access and a private balcony with an ocean view currently being rented to a long-term tenant.

Listed by Sean Stanfield | BRE #01024996 | Pacific Sotheby's Int'l Realty
Co-listed by David Biehler | BRE #01030261 | Pacific Sotheby's Int'l Realty
Last checked: 14 minutes ago | Last updated: March 17th, 2024 | Source CRMLS | DOM: 78
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Home details

Lot Sq. Ft
3,920
HOA Dues
$0/mo
Year built
1931
Garage
3 Car
Property Type:
Single Family Home
Status
Active
MLS#
OC24017526
City
Newport Beach
County
Orange
Time on Site
88 days

Open Houses for 1003 E Balboa Blvd

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Property Details for 1003 E Balboa Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • Great Room, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 5
Interior Features
  • Elevator
  • Levels: Two
Exterior Features
Exterior Information
  • Other Structures: Guest House, Guest House Detached, Two On A Lot
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Brick
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear
  • No Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Coastline, Ocean, Panoramic, Water, White Water
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 04814402
  • Year Built Source: Assessor
  • Architectural Style: Bungalow, Cape Cod, Colonial, Cottage, Craftsman
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • Elementary School: Newport
  • Elementary School: NEWPOR
  • Middle/Junior High School: Ensign
  • Middle/Junior High School: ENSIGN
  • High School: Newport Harbor
  • High School: NEWHAR
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: E. Balboa/ B St.
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Newport Beach Agent

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Sale History for 1003 E Balboa Blvd

Last sold on May 21st, 2012
  • January, 2024

  • Jan 29, 2024

    Date

    Active

    CRMLS: OC24017526

    $7,999,000

    Price

  • January, 2024

  • Jan 26, 2024

    Date

    Canceled

    CRMLS: OC23145509

    $7,999,000

    Price

  • Aug 25, 2023

    Date

    Active

    CRMLS: OC23145509

    $8,490,000

    Price

  • Listing provided courtesy of CRMLS

    Breathtaking California surf & sand lifestyle in this special oceanfront compound on the boardwalk. This vintage home have containing 2 units. The 1st unit (oceanfront), has 6 bedrooms / 6 baths. 3 stories high with all 3 levels having panoramic views from Dana Point to Catalina. The living room features a hand-carved fireplace mantel and built-in library wall. The main kitchen features a Wolf Range and walk-in pantry. The master bedroom on the 2nd floor offers unobstructed ocean views, including a full kitchen & its own elevator service from the first floor. Custom courtyard for relaxing after a long play day at the beach. This courtyard also connects the 1st unit to a 3-car garage. The Rear Unit including 2bed/1bath is on top of the 3 cars garage with it's own access + it's own Oceanview balcony. currently renting to a long-term tenant. Newport Beach is no longer allow short term rental, so any current properties have this license are more valuable than others. You could also Develop this project to 4 units, 3 stories high with about 10,000 living SF. (2 houses + 2 ADU) Info based on a very well-known local architecture.

  • March, 2022

  • Mar 25, 2022

    Date

    Coming Soon

    CRMLS: OC22060071

    $9,459,000

    Price

  • Listing provided courtesy of CRMLS

    Breathtaking California surf & sand lifestyle in this special oceanfront compound on the boardwalk. This vintage home has been recently remodeled, It's containing 2 units. The 1st unit (oceanfront), has 6 bedrooms / 6 baths. 3 stories high with all 3 levels having panoramic views from Dana Point to Catalina. The living room features a hand-carved fireplace mantel and built-in library wall. The main kitchen features a Wolf Range and walk-in pantry. The master bedroom on the 2nd floor offers unobstructed ocean views, including a full kitchen & elevator service. Custom courtyard for relaxing after a long play day at the beach. This courtyard also connects the 1st unit to a 3-car garage. A 2nd unit is a 2bed/1bath unit above the 3-car garage with its own deck to take in the stunning ocean & Catalina Island views. The front unit has it's own elevator from 1st to 2nd floor. The Rear Unit including 2bed/1bath is on top of the 3 cars garage with it's own access + it's own Oceanview balcony. currently renting to a long term tenant. Newport Beach is no longer allow short term rental, so any current properties have this license are more valuable than others. You may view a video @ https://youtu.be/I8N29qZ3RCU

  • July, 2019

  • Jul 1, 2019

    Date

    Expired

    CRMLS: OC19028255

    $6,449,000

    Price

  • Feb 6, 2019

    Date

    Active

    CRMLS: OC19028255

    $6,449,000

    Price

  • Listing provided courtesy of CRMLS

    Breathtaking California surf & sand lifestyle in this special oceanfront compound on the boardwalk. This vintage home has been newly remodeled Throughout, containing 2 units. The 1st unit (oceanfront), has 6 bedrooms / 6 baths. 3 stories high with all 3 levels having panoramic views from Dana Point to Catalina. The living room features a hand-carved fireplace mantel and built-in library wall. The main kitchen features a Wolf Range and walk-in pantry. The master bedroom on the 2nd floor offers unobstructed ocean views, including a full kitchen & elevator service. Custom courtyard for relaxing after a long play day at the beach. This courtyard also connects the 1st unit to a 3-car garage. A 2nd unit is a 2bed/1bath unit above the 3-car garage with its own deck to take in the stunning ocean & Catalina Island views. The front unit has it's own elevator from 1st to 2nd floor

  • May, 2012

  • May 21, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2012

  • Feb 21, 2012

    Date

    Sold (Public Records)

    Public Records

    $3,053,000

    Price

Show More

Tax History for 1003 E Balboa Blvd

Assessed Value (2020): $3,433,282
Year Land Value Improved Value Assessed Value
2020 $2,986,955 $446,327 $3,433,282

Home Value Compared to the Market

This property vs the competition

1003 E Balboa Blvd is listed 86.07% higher than the median list price for the city of Newport Beach which has a median list price of $4,299,000. The median price per/sqft for Newport Beach is $1,506 and this home is listed at $2240.62 per/sqft which puts the price per square foot 48.78% higher than the median price per square foot for the city of Newport Beach.

About 1003 E Balboa Blvd

Detailed summary of property

1003 E Balboa Blvd is a single family home located in Newport Beach, CA 92661 and is currently for sale. This house offers 8 bedrooms, 3 bathrooms, roughly 3,570 living square feet, and sits on an approximately 3,920 square foot lot. 1003 E Balboa Blvd was first listed on ArdentRealEstateGroup.com on January 30, 2024. The homeowner is currently asking $7,999,000. The median priced home in Newport Beach is $4,299,000 with a median price per square foot of $1,506. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 86.07% higher than the median priced home. Local competing homes currently for sale include 501 L St, 1701 E Balboa Blvd and 1714 Miramar Dr. While the average home in Newport Beach, CA is selling in 75 days, 1003 E Balboa Blvd has a days on market of 78 days. There are currently 260 homes for sale in the Newport Beach real estate market and 192 of them are single family homes while 54 of them are condos and 14 are townhomes. For more information on this home for sale at 1003 E Balboa Blvd Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1003 E Balboa Blvd

Public county record property details
Beds
--
Baths
--
Year built
1931
Sq. Ft.
3,570
Lot Size
3,741
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
2
APN
048-144-02

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,750,000
Median List Price/Sq.Ft.
$2,241
Median Sold Price
$11,100,000
Median Sold Price/Sq.Ft.
$2,775
Total Inventory
47
Median Sale to List Price %
94.11%
Avg Days on Market
174
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (33.33%)

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Related Resources to 1003 E Balboa Blvd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.