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1011 E Balboa Blvd, Newport Beach, CA 92661
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1011 E Balboa Blvd Newport Beach, CA 92661

$5,250,000 Sold Price as of 09/16/2021
  • 6 Beds
  • 3 Baths
  • 1,704 Sq.Ft.
Sold
$5,250,000 Sold Price as of 09/16/2021 Refinance Your Mortgage
Map preview of 1011 E Balboa Blvd, Newport Beach, CA 92661

Property Overview: 1011 E Balboa Blvd Newport Beach, CA has 6 bedrooms, 3 bathrooms, 1,704 living square feet and 3,485 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Distinguished Balboa Peninsula Location, close to the Balboa Village on the sand. A unique opportunity for an investor, builder, or end user to lock up one of the best lots on the Balboa Peninsula. This perfectly situated oceanfront duplex is just moments away from the Balboa Funzone, both Balboa and Newport Piers, lots of restaurants, shopping, and sits on the boardwalk. The living space includes 6 bedrooms 3 bathrooms and features a 2-car garage, water views, and laundry inside the garage. The driveway includes extra parking, critical for the Balboa neighborhood. The property is being sold “as is” and is currently vacant. Buyer to verify all square footage with the City of Newport Beach. Be a part of the Balboa Village resurgence at a lot-value price point.

Listed by Arthur Dorr | BRE #01899740 | Balboa Realty
Co-listed by Alex Batley | BRE #01897014 | Balboa Realty
Last checked: 6 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 51

Home details

Lot Sq. Ft
3,485
HOA Dues
$0/mo
Year built
1954
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
NP21132931
City
Newport Beach
County
Orange
Time on Site
1065 days

Property Details for 1011 E Balboa Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 4
  • Downstairs Bathrooms: 2
  • Flooring: Carpet, Tile
  • Main Floor Bedroom, Main Floor Master Bedroom
Kitchen Information
  • Has Appliances
  • Freezer, Refrigerator
  • Tile Counters
Bathroom Information
  • # of Baths (Full): 3
Interior Features
  • Tile Counters
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Brick, Patio, Patio Open
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Deck, Direct Garage Access, Driveway, Garage Faces Rear, Garage - Two Door, Oversized
  • Has Attached Garage
Lot Information
  • Lot Features: Front Yard, Patio Home, Value In Land
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, Canal, Catalina, City Lights, Coastline, Harbor, Landmark, Marina, Neighborhood, Ocean, Panoramic, Pier, See Remarks, Water
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 04814406
  • Year Built Source: Public Records
  • Foundation Details: Slab
  • Property is not Attached
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • 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: On Balboa Blvd. just past the Balboa Pier towards the Wedge
Neighborhood Information
  • Community Features: Curbs, Watersports, Sidewalks, Urban
View more facts & features

Local Newport Beach Agent

Sale History for 1011 E Balboa Blvd

Last sold for $5,250,000 on September 16th, 2021

  • September, 2021

  • Sep 17, 2021

    Date

    Sold

    CRMLS: NP21132931

    $5,250,000

    Price

  • Aug 23, 2021

    Date

    Active Under Contract

    CRMLS: NP21132931

    $5,499,000

    Price

  • Aug 7, 2021

    Date

    Price Change

    CRMLS: NP21132931

    $5,499,000

    Price

  • Aug 7, 2021

    Date

    Active

    CRMLS: NP21132931

    $5,850,000

    Price

  • Jul 29, 2021

    Date

    Pending

    CRMLS: NP21132931

    $5,850,000

    Price

  • Jul 26, 2021

    Date

    Active

    CRMLS: NP21132931

    $5,850,000

    Price

  • Jul 12, 2021

    Date

    Active Under Contract

    CRMLS: NP21132931

    $5,850,000

    Price

  • Jun 30, 2021

    Date

    Price Change

    CRMLS: NP21132931

    $5,850,000

    Price

  • Jun 19, 2021

    Date

    Active

    CRMLS: NP21132931

    $6,250,000

    Price

Tax History for 1011 E Balboa Blvd

Assessed Value (2020): $313,883
Year Land Value Improved Value Assessed Value
2020 $235,190 $78,693 $313,883

Home Value Compared to the Market

This property vs the competition

1011 E Balboa Blvd sold on September 16, 2021 for 48.62% higher than the current median sold price for the city of Newport Beach which is $3,700,000. The median sold price per/sqft for Newport Beach is $1,360 and this home is sold at $3227.11 per/sqft which puts the price per square foot 137.29% higher than the current median sale per square foot for the city of Newport Beach.

About 1011 E Balboa Blvd

Detailed summary of property

1011 E Balboa Blvd is a duplex that recently sold in Newport Beach, CA 92661. This duplex offered 6 bedrooms, 3 bathrooms, roughly 1,704 living square feet, and sits on an approximately 3,485 square foot lot. 1011 E Balboa Blvd was first listed on ArdentRealEstateGroup.com on June 19, 2021. The homeowner sold the property for $5,250,000. Home in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 48.62% higher than the current median priced home. Local homes that are currently for sale include 383 W Wilson St, 1012 & 1018 Mission Dr and 246 Fairview St. While the average home in Newport Beach, CA is selling in 73 days, 1011 E Balboa Blvd has a days on market of 51 days. There are currently 293 homes for sale in the Newport Beach real estate market and 219 of them are single family homes while 63 of them are condos and 11 are townhomes. For more information on this home for sale at 1011 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 1011 E Balboa Blvd

Public county record property details
Beds
3
Baths
2
Year built
1954
Sq. Ft.
1,080
Lot Size
4,153
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
6
APN
048-144-06

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
$6,695,000
Median List Price/Sq.Ft.
$2,144
Median Sold Price
$4,625,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
50
Median Sale to List Price %
92.59%
Avg Days on Market
69
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

Thinking of Selling?

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(714) 706-1823

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7 Baths
3245 Sq.Ft.
914 W Balboa Blvd
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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.

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