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

$45,000
  • 5 Beds
  • 6.5 Baths
  • 3,866 Sq.Ft.
For Lease
$45,000 Get Pre-Qualified

Map preview of 1025 W Balboa Blvd, Newport Beach, CA 92661

Property Overview: 1025 W Balboa Blvd Newport Beach, CA has 5 bedrooms, 6.5 bathrooms, 3,866 living square feet and 3,152 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: Spanning 3866 sqft. of living space with an additional 921 sqft. of covered and uncovered deck space, this brand new home sits one house back from the beach. On the first floor you can enjoy a seamless transition from the kitchen, into the living room and onto the patio for an open, indoor/outdoor experience. There is one bedroom on the first floor with a private bathroom. The kitchen comes equipped with high end appliances, plenty of counter space and a built in espresso machine for a wonderful culinary experience. Going up to the second floor, you'll find the office, three other bedrooms, each with their own baths and the primary suite. The large primary bedroom has a fire place, balcony, dual vanity, free standing tub and a multi-valve shower. On the third floor, you'll find and open roof deck with a fire pit along with an enclosed den area and a covered lounge area with a fire place and TV. This Luxury beach resort has air conditioning and comes fully furnished including some beach cruisers, surfboards, beach chairs, a ping-pong table and more. Pricing and availability is subject to change. 30 day minimum stay is required.

Listed by Jason Jacobs | BRE #02108263 | Jim Jacobs Realty
Last checked: 5 minutes ago | Last updated: June 15th, 2022 | Source CRMLS | DOM: 69

Home details

Lot Sq. Ft
3,152
HOA Dues
$0/mo
Year built
2021
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
NP22080710
City
Newport Beach
County
Orange
Time on Site
68 days

Open Houses for 1025 W Balboa Blvd

No upcoming open houses

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Property Details for 1025 W Balboa Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Individual Room, Washer Included
Fireplace Information
  • Has Fireplace
  • Master Bedroom, Outside, Great Room
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Flooring: Wood
  • Entry, Game Room, Jack & Jill, Kitchen, Laundry, Main Floor Bedroom, Master Bathroom, Master Bedroom, Office, Walk-In Closet
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Disposal, Gas & Electric Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Kitchen Island, Kitchen Open to Family Room, Self-closing cabinet doors, Self-closing drawers
Bathroom Information
  • # of Baths (Full): 6
  • # of Baths (1/2): 1
Interior Features
  • Balcony, Built-in Features, Elevator, Furnished, Open Floorplan, Recessed Lighting
  • Levels: Three Or More
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Metal
  • Barbecue Private
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio Open, Front Porch, See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
  • Has Attached Garage
Lot Information
  • Lot Features: Rectangular Lot, Near Public Transit, Park Nearby, Walkstreet
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Bay, Ocean, Peek-A-Boo
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04725225
  • Year Built Source: Builder
  • Architectural Style: Contemporary, Custom Built
  • Property is not Attached
  • Accessibility Features: Accessible Elevator Installed
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: See Remarks
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: In between 10th and 11th street off W Balboa.
Neighborhood Information
  • Community Features: Biking, Watersports, Sidewalks, Street Lights
View more facts & features

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Sale History for 1025 W Balboa Blvd

Last sold for $6,050,000 on April 15th, 2022
  • April, 2022

  • Apr 21, 2022

    Date

    Active

    CRMLS: NP22080710

    $65,000

    Price

  • April, 2022

  • Apr 16, 2022

    Date

    Sold

    CRMLS: NP21241092

    $6,050,000

    Price

  • Apr 16, 2022

    Date

    Pending

    CRMLS: NP21241092

    $6,295,000

    Price

  • Mar 17, 2022

    Date

    Active Under Contract

    CRMLS: NP21241092

    $6,295,000

    Price

  • Nov 3, 2021

    Date

    Coming Soon

    CRMLS: NP21241092

    $6,295,000

    Price

  • Listing provided courtesy of CRMLS

    STUNNING NEW CONSTRUCTION only 1 home away from the SAND! This 5 Bedroom, 6.5 Bath home in one of the most coveted areas of Newport Beach, the Balboa Peninsula, has been hand-crafted for comfortable, Luxury Living. This home affords the fortunate an opportunity to wholly embrace the beach lifestyle & community right NOW. No waiting for completed construction (it's done!), No inspectors to meet, no decisions to agonize over . . . . it's time to call your favorite chums to come spend the Holidays on California's Gold Coast! Designed to include 3,866 Sq. Ft of living space with an additional 921 Sq. Ft of covered & uncovered deck space, this home is spacious, and definitely puts the FUN in function! Generous entertaining spaces on the main level with seamless transitions to the front patio, provide the ideal area for large-scale entertaining or everyday living. The central kitchen offers an abundance of cabinet and counter space, enabling an efficient culinary experience for the meals you create! There is even a main floor bedroom! While the gorgeous cantilevered stair is a work of art, there is elevator service to all levels! Mid-level, you'll find a sumptuous primary bedroom suite with a linear fireplace, front balcony, and huge walk-in closet. The primary bath is equally impressive with it's dual sinks, free-standing soaking tub, and multi-valve shower. All secondary bedrooms are ensuite, some with water views! The third level offers plenty of lounge, entertaining and sunning opportunity . . . a completely decked-out rear roof deck with a multitude of dining and relaxation areas, covered areas for gathering around the fireplace in virtually any season, or playing a rousing "pong" game of your choice . . . ping or beer! If you've craved a change that includes the white sands of Newport and the blue water of the Pacific Ocean, don't miss this home. It will surely become the destination of choice for you and yours, now and for decades to come.

  • December, 2019

  • Dec 9, 2019

    Date

    Sold

    CRMLS: NP19193699

    $1,785,000

    Price

  • Nov 14, 2019

    Date

    Pending

    CRMLS: NP19193699

    $1,795,000

    Price

  • Sep 5, 2019

    Date

    Active

    CRMLS: NP19193699

    $1,795,000

    Price

  • Aug 29, 2019

    Date

    Active Under Contract

    CRMLS: NP19193699

    $1,795,000

    Price

  • Aug 13, 2019

    Date

    Active

    CRMLS: NP19193699

    $1,795,000

    Price

  • Listing provided courtesy of CRMLS

    Large lot ideally located just one house from the sand and one of Newport Beach’s best family beaches, and just steps to the bay. This turnkey building opportunity to be sold with all Architectural design and construction plans for a sensational Coastal Farmhouse home designed by renowned home designer William Guidero. The oversized rooftop deck features views of the Pacific Ocean, Catalina, Fashion Island and Saddleback Mountain. Plans encompass three levels, more than 4,200 square feet of improved living space and features a huge great room and sophisticated open chef’s kitchen, 6 bathrooms, 4 bedrooms, all of which include ensuite baths, and a bonus room. A 5th bedroom is also an option. A 3-Car oversized garage and elevator enhance the home’s livability. The extra wide alleyway and underground utilities enhances the best of the Newport Beach Peninsula living experience. No detail has been overlooked. Perfect full-time residence or beach retreat. Permits are anticipated in November. Adjacent lot also available under similar terms.

  • December, 2019

  • Dec 6, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,785,000

    Price

  • January, 2019

  • Jan 3, 2019

    Date

    Sold

    CRMLS: PW18255562

    $2,615,000

    Price

  • Nov 25, 2018

    Date

    Active Under Contract

    CRMLS: PW18255562

    $2,788,888

    Price

  • Nov 8, 2018

    Date

    Price Change

    CRMLS: PW18255562

    $2,788,888

    Price

  • Oct 27, 2018

    Date

    Price Change

    CRMLS: PW18255562

    $2,789,888

    Price

  • Oct 22, 2018

    Date

    Active

    CRMLS: PW18255562

    $2,788,888

    Price

  • Listing provided courtesy of CRMLS

    !!Amazing opportunity on the Balboa Peninsula if you like the idea of remodeling or building...One-of-the-kind (2) lots on one parcel. Dated house in a spectacular location; the potencial is in the land; Do you want to be creative? Well...definitely you can update the property with ALL the luxury architectural highlights, build 5.5 car garage; Or either build Two NEW separate luxury homes, one on each lot Or a Parade-of-Luxury-Condos (R2 Zoning, Potentially Up to 4 condos; please confirm with the city planning department). The project, is perfect for the sensational lifestyle of the Balboa peninsula. One of the main features and highlights is the proximity to the ocean, beach, and Newport Bay. New owners can just Park their car and enjoy as you are just a short walk or bike ride to the many shops, restaurants, and activities that the Peninsula has to offer! steps away from the beach. Perfect for large families or entertaining many guests. The home sits on two legal lots, each approximately 30.75 feet wide by 102.5 feet deep. The two lots feature a 20 foot wide alley providing easy access for parking.

  • December, 2018

  • Dec 21, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,615,000

    Price

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Tax History for 1025 W Balboa Blvd

Assessed Value (2020): $1,785,000
Year Land Value Improved Value Assessed Value
2020 $1,768,664 $16,336 $1,785,000

Home Value Compared to the Market

This property vs the competition

1025 W Balboa Blvd is currently listed for lease in the city of Newport Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Newport Beach has a median list price of $3,500,000. The median price per/sqft for Newport Beach is $1,208. With those numbers in mind, if you are looking to purchase a median priced home in Newport Beach, CA and put 20% down you will need to save up $700,000 for the down payment and will need roughly $70,000 for closing costs on top of the down payment.

About 1025 W Balboa Blvd

Detailed summary of property

1025 W Balboa Blvd is a single family home for lease located in Newport Beach, CA 92661. This house offers 5 bedrooms, 6.5 bathrooms, roughly 3,866 living square feet, and sits on an approximately 3,152 square foot lot. 1025 W Balboa Blvd was first listed on ArdentRealEstateGroup.com on April 21, 2022. The homeowner is currently asking $45,000. Local competing homes currently for lease include 11 Skyridge, 21 Via Palladio and 1131 Emerald Bay. While the average home in Newport Beach, CA is selling in 51 days, 1025 W Balboa Blvd has a days on market of 69 days. There are currently 237 homes for sale in the Newport Beach real estate market and 182 of them are single family homes while 45 of them are condos and 10 are townhomes. For more information on this home for lease at 1025 W 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 W Balboa Blvd

Public county record property details
Beds
3
Baths
1
Year built
1943
Sq. Ft.
784
Lot Size
3,152
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
--
APN
047-252-25

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
$5,325,000
Median List Price/Sq.Ft.
$2,630
Median Sold Price
$4,495,000
Median Sold Price/Sq.Ft.
$1,754
Total Inventory
22
Median Sale to List Price %
100%
Avg Days on Market
6
Loan Type
Conventional (0%), FHA (33.33%), VA (0%), Cash (66.67%), Other (0%)

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Related Resources to 1025 W 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.