1103 Balboa Ave, Newport Beach, CA 92662
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1103 Balboa Ave Newport Beach, CA 92662

$4,950,000
  • 4 Beds
  • 3.5 Baths
  • 1,938 Sq.Ft.
For Sale
$4,950,000 Get Pre-Qualified

Map preview of 1103 Balboa Ave, Newport Beach, CA 92662

Property Overview: 1103 Balboa Ave Newport Beach, CA has 4 bedrooms, 3.5 bathrooms, 1,938 living square feet and 2,614 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: Experience luxury living on Balboa Island, Newport Beach! Walk, bike or drive your golf cart to restaurants & shopping. Introducing a reimagined masterpiece meticulously crafted by the renowned Jazzar Construction Group. No expense spared in this stunning project, slated for completion in mid-July. Don't miss your chance to own a piece of coastal paradise.

Listed by Milaad Forootan | BRE #01425386 | Titan Pacific Group Inc
Last checked: 12 minutes ago | Last updated: April 30th, 2024 | Source CRMLS | DOM: 1
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Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1928
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
OC24069421
City
Newport Beach
County
Orange
Time on Site
21 days

Open Houses for 1103 Balboa Ave

No upcoming open houses

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Property Details for 1103 Balboa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • All Bedrooms Up
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 05012301
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
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
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Directions: Marine Ave rigt on Balboa. On the corner of Apolena & Balboa
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 1103 Balboa Ave

Last sold for $2,725,000 on April 26th, 2023
  • April, 2024

  • Apr 29, 2024

    Date

    Active

    CRMLS: OC24069421

    $4,950,000

    Price

  • December, 2023

  • Dec 27, 2023

    Date

    Canceled

    CRMLS: OC23200265

    $3,595,000

    Price

  • Oct 27, 2023

    Date

    Active

    CRMLS: OC23200265

    $3,595,000

    Price

  • Listing provided courtesy of CRMLS

    This property will be sold with approved plans (EBTA Architects) from the city of Newport Beach to convert the current duplex into a SFR with an ADU (total of 2,300 sf). The main home will offer three bedrooms, three bathrooms, and an excellent open layout with high ceilings. The ADU will have its own seperate private entrance with a full kitchenette and bathroom. 1103 Balboa Avenue is located in a superb corner lot location and just a minute walk to all the shops, restaurants, & entertainment Balboa Island has to offer! Perfect for those who would love to add their own personal touch and stvle to their new custom home without the extended waiting time to get fully approved plans. Details are available upon request. Do not miss out on this opportunity to make your dream into a reality!

  • April, 2023

  • Apr 26, 2023

    Date

    Sold

    CRMLS: LG23049990

    $2,725,000

    Price

  • Mar 27, 2023

    Date

    Active

    CRMLS: LG23049990

    $2,749,000

    Price

  • Listing provided courtesy of CRMLS

    A classic beach residence with a guest unit above the garage on Balboa Island. Don't miss this! Walk, bike or drive your golf cart to restaurants & shopping. This previously remodeled front residence contains one large upstairs suite with a bath, two story ceilings, wood floors, a large entertaining kitchen that flows to the back patio, a separate dinning room, a downstairs bath with laundry room and light bright interior finishes throughout. The back unit above the garage is a one bedroom open studio with one bath, a large living room & kitchen. Enjoy the large brick patio for BBQ's and outdoor celebrations. Enjoy everything Balboa Island has to offer including parades, community events, and the ultimate vacation lifestyle.

  • August, 2010

  • Aug 5, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1103 Balboa Ave

Assessed Value (2020): $337,767
Year Land Value Improved Value Assessed Value
2020 $155,373 $182,394 $337,767

Home Value Compared to the Market

This property vs the competition

1103 Balboa Ave is listed 15.25% higher than the median list price for the city of Newport Beach which has a median list price of $4,295,000. The median price per/sqft for Newport Beach is $1,506 and this home is listed at $2554.18 per/sqft which puts the price per square foot 69.6% higher than the median price per square foot for the city of Newport Beach.

About 1103 Balboa Ave

Detailed summary of property

1103 Balboa Ave is a single family home located in Newport Beach, CA 92662 and is currently for sale. This house offers 4 bedrooms, 3.5 bathrooms, roughly 1,938 living square feet, and sits on an approximately 2,614 square foot lot. 1103 Balboa Ave was first listed on ArdentRealEstateGroup.com on April 8, 2024. The homeowner is currently asking $4,950,000. The median priced home in Newport Beach is $4,295,000 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 15.25% higher than the median priced home. Local competing homes currently for sale include 326 L St, 317 E Bay Ave and 301 Lindo Ave. While the average home in Newport Beach, CA is selling in 72 days, 1103 Balboa Ave has a days on market of 1 days. There are currently 266 homes for sale in the Newport Beach real estate market and 196 of them are single family homes while 56 of them are condos and 14 are townhomes. For more information on this home for sale at 1103 Balboa Ave Newport Beach, CA 92662 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1103 Balboa Ave

Public county record property details
Beds
1
Baths
1
Year built
1958
Sq. Ft.
541
Lot Size
2,940
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
14
APN
050-123-01

The source for these homes facts are from public records.

92662 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,949,000
Median List Price/Sq.Ft.
$2,496
Median Sold Price
$5,950,000
Median Sold Price/Sq.Ft.
$2,288
Total Inventory
9
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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.