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

$1,999,990
  • 3 Beds
  • 3 Baths
  • 1,406 Sq.Ft.
For Sale
$1,999,990 Get Pre-Qualified

Property Overview: 615 E Balboa Blvd Newport Beach, CA has 3 bedrooms, 3 bathrooms, 1,406 living square feet and -- 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: Renovated Beach House with Short-Term Rental Permit! This beautifully remodeled three-bedroom, three-bathroom home includes a coveted short-term rental permit, making it both a luxurious retreat and an excellent investment. Situated just steps from the ocean and across from the famous Fun Zone, this home offers prime access to all the attractions of Balboa Village. Completely renovated in 2022 and impeccably maintained, this move-in-ready property boasts new cabinets and countertops, a marble backsplash, stainless steel appliances, porcelain flooring throughout, floating vanities, a gas fireplace, and more. Fully furnished and equipped, it comes with furniture, dishes, bikes, boogie boards, an in-unit washer/dryer, and a refrigerator. Additionally, the home features a rare two-car tandem garage, a valuable find near the beach. Enjoy a ferry ride to Balboa Island or walk across the street to catch a boat to Catalina—everything is within minutes of walking distance. Short-term rental permits in Newport Beach are highly sought after and often come with a long waiting list

Listed by Yazen Haddad | BRE #01936781 | E Realty
Last checked: 50 seconds ago | Last updated: June 18th, 2024 | Source CRMLS | DOM: 13
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Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
1989
Garage
2 Car
Property Type:
Condominium
Status
Active
MLS#
OC24114359
City
Newport Beach
County
Orange
Time on Site
12 days

Open Houses for 615 E Balboa Blvd

Tuesday, Jun 18th: 3:00pm-6:00pm
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Property Details for 615 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
  • Family Room
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • Eating Area: Family Kitchen, In Family Room, Dining Room, In Kitchen
  • Flooring: Tile
  • All Bedrooms Up
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Microwave, Range Hood, Water Heater
  • Kitchen Open to Family Room, Quartz Counters, Self-closing cabinet doors, Self-closing drawers, Utility sink
Bathroom Information
  • # of Baths (Full): 3
Interior Features
  • Living Room Deck Attached, Quartz Counters, Recessed Lighting
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio Open
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • No Attached Garage
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Has View
  • View: Bay, Ocean
  • Common Walls: 1 Common Wall
  • Total # of Units: 6
  • Parcel Number: 93216034
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Cable Available, Cable Connected, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Balboa & Washington
Neighborhood Information
  • Community Features: Golf, Storm Drains, Street Lights
View more facts & features

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Sale History for 615 E Balboa Blvd

Last sold for $1,400,000 on April 15th, 2021
  • June, 2024

  • Jun 5, 2024

    Date

    Active

    CRMLS: OC24114359

    $1,999,990

    Price

  • June, 2024

  • Jun 3, 2024

    Date

    Canceled

    CRMLS: NP24049755

    $2,150,000

    Price

  • Mar 12, 2024

    Date

    Active

    CRMLS: NP24049755

    $2,150,000

    Price

  • Listing provided courtesy of CRMLS

    Exquisite Balboa Village Beach House! Short-Term Rental Permit Included! Own a piece of paradise in the heart of Balboa Village! This beautifully remodeled three bedroom, three bathroom home boasts a highly sought-after short-term rental permit, offering investment potential and an unparalleled lifestyle. Moments from the ocean and across from the world-famous Fun Zone, this charming home is ideally situated for enjoying all Balboa Village has to offer. Take the ferry to Balboa Island, swim in the ocean, or simply relax and soak up the sunshine—everything is at your fingertips. Fully renovated in 2022 and meticulously maintained, the property is move-in ready and comes with everything you need, including bikes, boogie boards, and the California sunshine. Don't miss this rare opportunity. SHORT TERM RENTAL PERMITS are highly coveted in Newport Beach with a reported waiting list. This home presents an exceptional investment opportunity, allowing you to share your slice of paradise with others.

  • June, 2024

  • Jun 3, 2024

    Date

    Canceled

    CRMLS: NP24048681

    $2,150,000

    Price

  • Mar 12, 2024

    Date

    Active

    CRMLS: NP24048681

    $2,150,000

    Price

  • Listing provided courtesy of CRMLS

    Exquisite Balboa Village Beach House! Short-Term Rental Permit Included! Own a piece of paradise in the heart of Balboa Village! This beautifully remodeled three bedroom, three bathroom home boasts a highly sought-after short-term rental permit, offering investment potential and an unparalleled lifestyle. Steps to the ocean and across from the world-famous Fun Zone, this charming home is ideally situated for enjoying all Balboa Village has to offer. Take the ferry to Balboa Island, swim in the ocean, or simply relax and soak up the sunshine! Fully renovated in 2022 and meticulously maintained, the property is move-in ready and comes with everything you need, including; furniture, dishes, bikes, boogie boards, in unit washer/ dryer and refrigerator. To add to the value already mentioned - it has a two car garage! Don't miss this rare opportunity. SHORT TERM RENTAL PERMITS are highly coveted in Newport Beach with a reported waiting list. This home presents an exceptional investment opportunity, allowing you to share your slice of paradise with others.

  • April, 2021

  • Apr 17, 2021

    Date

    Sold

    CRMLS: 21676654

    $1,400,000

    Price

  • Mar 11, 2021

    Date

    Pending

    CRMLS: 21676654

    $1,600,000

    Price

  • Jan 6, 2021

    Date

    Active

    CRMLS: 21676654

    $1,600,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful 3 bedroom, 3 bathroom fully furnished condo located in Balboa Village with a partial view of the ocean and bay that is a simple walk to each as well. It is located across the street from restaurants, shops , the ferry and fun zone. It includes a spacious great room with a fireplace, hard wood floors, big windows that open, nicely laid out kitchen and very spacious bedrooms with master having a partial ocean view as well. Stairs off of Washington St take you up to this second floor condo and the 2 car tandem garage sits underneath with electric garage door entry from alley and side door takes you out to condo entry stairs. It has been a daily, weekly, monthly rental as well as owner's get away. Condo comes fully furnished and has no monthly HOA fees.

  • March, 2016

  • Mar 25, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,150,000

    Price

  • September, 2007

  • Sep 27, 2007

    Date

    Sold (Public Records)

    Public Records

    $900,000

    Price

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Tax History for 615 E Balboa Blvd

Assessed Value (2020): $1,244,796
Year Land Value Improved Value Assessed Value
2020 $1,066,192 $178,604 $1,244,796

Home Value Compared to the Market

This property vs the competition

615 E Balboa Blvd is listed 53.43% lower 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 $1,495 and this home is listed at $1422.47 per/sqft which puts the price per square foot 4.85% lower than the median price per square foot for the city of Newport Beach.

About 615 E Balboa Blvd

Detailed summary of property

615 E Balboa Blvd is a condominium located in Newport Beach, CA 92661 and is currently for sale. This condo offers 3 bedrooms, 3 bathrooms, roughly 1,406 living square feet, and sits on an approximately -- square foot lot. 615 E Balboa Blvd was first listed on ArdentRealEstateGroup.com on June 5, 2024. The homeowner is currently asking $1,999,990. The median priced home in Newport Beach is $4,295,000 with a median price per square foot of $1,495. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 53.43% lower than the median priced home. Local competing homes currently for sale include 12 Land Fall Court, 1120 Granville Dr and 647 Vista Bonita. While the average home in Newport Beach, CA is selling in 86 days, 615 E Balboa Blvd has a days on market of 13 days. There are currently 295 homes for sale in the Newport Beach real estate market and 221 of them are single family homes while 64 of them are condos and 10 are townhomes. For more information on this home for sale at 615 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 615 E Balboa Blvd

Public county record property details
Beds
3
Baths
2
Year built
1989
Sq. Ft.
1,406
Lot Size
--
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
932-160-34

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
$6,799,000
Median List Price/Sq.Ft.
$2,144
Median Sold Price
$5,350,000
Median Sold Price/Sq.Ft.
$2,599
Total Inventory
47
Median Sale to List Price %
100%
Avg Days on Market
57
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (33.33%), Other (33.33%)

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Related Resources to 615 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.