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1025 E Balboa Blvd, Newport Beach, CA 92661
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1025 E Balboa Blvd Newport Beach, CA 92661

$6,800,000 Sold Price as of 05/26/2021
  • 4 Beds
  • 4 Baths
  • 3,356 Sq.Ft.
Sold
$6,800,000 Sold Price as of 05/26/2021 Refinance Your Mortgage
Map preview of 1025 E Balboa Blvd, Newport Beach, CA 92661

Property Overview: 1025 E Balboa Blvd Newport Beach, CA has 4 bedrooms, 4 bathrooms, 3,356 living square feet and 2,430 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Displaying arguably some of the best views along the boardwalk this light-filled, corner oceanfront home on Balboa Peninsula captures inspiring panoramic vistas up and down the coastline, as well as spectacular views of the bay front from the third floor solarium and deck. Zoned R2 with a short- term rental permit in place and a noteworthy vacation rental history this turn-key, fully furnished property holds endless possibilities. With a comfortable floor plan ideally suited for easy entertaining and casual beachfront living the four bedroom/four bath home benefits from the privacy afforded by its very unique elevated corner lot orientation. Stunning sit down views can be enjoyed from the living, dining and kitchen areas. The residence enters on grade - without any stairs - and boasts a desirable entry level, en-suite bed and bath, sauna, library, and 700 bottle, temperature-controlled wine cellar. A custom designed residential elevator provides easy access to all three levels of the home. The third floor master suite revels in captivating white water views and romantic Catalina sunsets. A newly completed veranda room with adjoining terrace offers exceptional views of Newport Harbor and the twinkling city lights beyond. Live the beach lifestyle. Enjoy al fresco dinners on your oceanfront patio. Take a stroll to the Balboa Island ferry, and myriad local shops and restaurants. Tool around Balboa in the golf cart that is included. It is vacation everyday!

Listed by Tara Foster Shapiro | BRE #01892201 | Pacific Sotheby's Int'l Realty
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 159

Home details

Lot Sq. Ft
2,430
HOA Dues
$0/mo
Year built
1997
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP20242430
City
Newport Beach
County
Orange
Time on Site
1204 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1025 E Balboa Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Zoned
Heating Information
  • Has Heating
  • Central, Zoned, Forced Air, Natural Gas
Laundry Information
  • Has Laundry
  • Dryer Included, Inside, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Carpet, Wood
  • Foyer, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Master Suite, Sauna, See Remarks, Sun, Walk-In Closet, Walk-In Pantry, Wine Cellar
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Built-In Range, Self Cleaning Oven, Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Trash Compactor, Water Purifier, Water Softener
Interior Features
  • Balcony, Crown Molding, Elevator, Granite Counters, Open Floorplan, Pantry, Stone Counters
  • Levels: Three Or More
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Direct Garage Access, Garage - Single Door
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, Catalina, City Lights, Coastline, Hills, Neighborhood, Ocean, Panoramic, Pier, See Remarks, Water, White Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04814412
  • Year Built Source: See Remarks
  • Property is not Attached
  • Accessibility Features: See Remarks
  • Offered With Property: Furnishings and Golf Cart
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: East Balboa Boulevard at the Corner of C Street
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Biking, Fishing, Watersports, Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

Local Newport Beach Agent

Sale History for 1025 E Balboa Blvd

Last sold for $6,800,000 on May 26th, 2021

  • May, 2021

  • May 27, 2021

    Date

    Sold

    CRMLS: NP20219024

    $6,800,000

    Price

  • May 18, 2021

    Date

    Pending

    CRMLS: NP20219024

    $7,195,000

    Price

  • Apr 26, 2021

    Date

    Active Under Contract

    CRMLS: NP20219024

    $7,195,000

    Price

  • Mar 11, 2021

    Date

    Price Change

    CRMLS: NP20219024

    $7,195,000

    Price

  • Oct 16, 2020

    Date

    Active

    CRMLS: NP20219024

    $7,495,000

    Price

  • Listing provided courtesy of CRMLS

    Displaying arguably some of the best views along the boardwalk this light-filled, corner oceanfront home on Balboa Peninsula captures inspiring panoramic vistas up and down the coastline, as well as spectacular views of the bay front from the third floor solarium and deck. With a comfortable floor plan ideally suited for easy entertaining and casual beachfront living the four bedroom/four bath home benefits from the privacy afforded by its very unique elevated corner lot orientation. Stunning sit down views can be enjoyed from the living, dining and kitchen areas. The residence enters on grade - without any stairs - and boasts a desirable entry level, en-suite bed and bath, sauna, library, and 700 bottle, temperature-controlled wine cellar. A custom designed residential elevator provides easy access to all three levels of the home. The third floor master suite revels in captivating white water views and romantic Catalina sunsets. A newly completed veranda room with adjoining terrace offers exceptional views of Newport Harbor and the twinkling city lights beyond. Live the beach lifestyle. Enjoy al fresco dinners on your oceanfront patio. Take a stroll to the Balboa Island ferry, and myriad local shops and restaurants. Completely furnished this turn-key beach home even includes a fun golf cart to tool around Balboa! **Owner has short term rental permit for this property and home has extensive rental history. **Furnishings and golf cart can be included in sale.

  • May, 2021

  • May 27, 2021

    Date

    Sold

    CRMLS: NP20242430

    $6,800,000

    Price

  • May 18, 2021

    Date

    Pending

    CRMLS: NP20242430

    $7,195,000

    Price

  • Apr 26, 2021

    Date

    Active Under Contract

    CRMLS: NP20242430

    $7,195,000

    Price

  • Mar 11, 2021

    Date

    Price Change

    CRMLS: NP20242430

    $7,195,000

    Price

  • Nov 18, 2020

    Date

    Active

    CRMLS: NP20242430

    $7,495,000

    Price

  • October, 2012

  • Oct 24, 2012

    Date

    Sold (Public Records)

    Public Records

    $3,692,000

    Price

  • November, 1997

  • Nov 24, 1997

    Date

    Sold (Public Records)

    Public Records

    $1,495,000

    Price

Show More

Tax History for 1025 E Balboa Blvd

Assessed Value (2020): $4,165,294
Year Land Value Improved Value Assessed Value
2020 $3,897,787 $267,507 $4,165,294

Home Value Compared to the Market

This property vs the competition

1025 E Balboa Blvd sold on May 26, 2021 for 94.46% 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 $2143.92 per/sqft which puts the price per square foot 57.64% higher than the current median sale per square foot for the city of Newport Beach.

About 1025 E Balboa Blvd

Detailed summary of property

1025 E Balboa Blvd is a single family home that recently sold in Newport Beach, CA 92661. This house offered 4 bedrooms, 4 bathrooms, roughly 3,356 living square feet, and sits on an approximately 2,430 square foot lot. 1025 E Balboa Blvd was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $6,800,000. 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 94.46% higher than the current median priced home. Local homes that are currently for sale include 1740 E Ocean Blvd, 500 K St and 116 Abalone Ave. While the average home in Newport Beach, CA is selling in 73 days, 1025 E Balboa Blvd has a days on market of 159 days. There are currently 275 homes for sale in the Newport Beach real estate market and 208 of them are single family homes while 54 of them are condos and 13 are townhomes. For more information on this home for sale at 1025 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 1025 E Balboa Blvd

Public county record property details
Beds
3
Baths
3
Year built
1979
Sq. Ft.
2,577
Lot Size
2,430
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
13
APN
048-144-12

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.
$2,183
Median Sold Price
$4,625,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
45
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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Recently Sold Homes Near 1025 E 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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