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

$5,093,000 Sold Price as of 01/31/2023
  • 6 Beds
  • 6 Baths
  • 2,604 Sq.Ft.
Sold
$5,093,000 Sold Price as of 01/31/2023 Refinance Your Mortgage

Map preview of 951 W Balboa Blvd, Newport Beach, CA 92661

Property Overview: 951 W Balboa Blvd Newport Beach, CA has 6 bedrooms, 6 bathrooms, 2,604 living square feet and 3,219 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fabulous find- two single family homes on a lot! Designed for big family gatherings, this property will also generate income with very rare and hard to find SHORT TERM RENTAL PERMITS. 2 newly remodeled 3 bedroom houses on an oversized corner lot just one house from the oceanfront with ocean and bay views. Both homes feature wide plank floors, Shiplap walls, KitchenAid stainless steel appliances, farmhouse sinks, white cabinets, beautiful tiled baths, new light fixtures, skylights, windows and ceiling fans throughout. 951 W Balboa is a charming vintage shingled cottage with a distinctive brick fireplace. The 3 bedroom and 3 bath home with shiplap walls, gorgeous Azul Macubas Quartzite slab countertops, backsplash and fireplace wall also has a finished attic space and enjoys a private back yard with retractable awning, loads of room for entertaining family and guests. The bright blue door opens to 110 10th Street-a bright and airy 3 bed, 2 bath two story that takes full advantage of the amazing ocean and bay views. The second floor main bedroom with a soaring beamed ceiling opens to the roomy deck. Just steps to Newport's bike path, miles of pristine beaches, Newport Elementary School, restaurants, coffee, local market, library, the Fun Zone and Balboa Island Ferry and shopping. Shown by appointment only.

Listed by Victoria Lee | BRE #00664250 | Compass
Co-listed by Brad Barker | BRE #01197354 | Compass
Last checked: 13 minutes ago | Last updated: February 2nd, 2023 | Source CRMLS | DOM: 172

Home details

Lot Sq. Ft
3,219
HOA Dues
$0/mo
Year built
1927
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
LG22112498
City
Newport Beach
County
Orange
Time on Site
688 days

Virtual Tour

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Property Details for 951 W Balboa Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, In Garage, Inside, Stackable, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room, Gas Starter
Room Information
  • Downstairs Bedrooms: 5
  • Downstairs Bathrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar, In Family Room, In Living Room, See Remarks
  • Flooring: See Remarks
  • Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, See Remarks
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Cooktop, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
  • Kitchen Open to Family Room, Quartz Counters, Remodeled Kitchen
Bathroom Information
  • # of Baths (1/4): 1
  • # of Baths (3/4): 5
Interior Features
  • Ceiling Fan(s), Living Room Deck Attached, Pantry, Stone Counters
  • Levels: One, Two
  • Window Features: Double Pane Windows, Skylight(s)
  • Security Features: Fire and Smoke Detection System, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Awning(s), Satellite Dish
  • Has Fence
  • Vinyl, Wood
  • Other Structures: Second Garage Attached, Two On A Lot
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Patio, See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Carport, Direct Garage Access, Garage, Garage Faces Rear, Garage - Single Door, Private
  • Has Attached Garage
Lot Information
  • Lot Features: Corner Lot, Level with Street, Rectangular Lot, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, Ocean, Water
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 04728101
  • Year Built Source: Assessor
  • Architectural Style: Bungalow, See Remarks
  • Entry Level: 1
  • Foundation Details: Raised, Slab
  • Property is not Attached
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
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
  • Directions: Balboa Blvd to 10th Street
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 951 W Balboa Blvd

Last sold for $5,093,000 on January 31st, 2023
  • January, 2023

  • Jan 31, 2023

    Date

    Sold

    CRMLS: LG22112498

    $5,093,000

    Price

  • Jun 17, 2022

    Date

    Active

    CRMLS: LG22112498

    $5,500,000

    Price

  • December, 2022

  • Dec 1, 2022

    Date

    Expired

    CRMLS: LG22121071

    $5,395,000

    Price

  • Jun 20, 2022

    Date

    Active

    CRMLS: LG22121071

    $5,595,000

    Price

  • Listing provided courtesy of CRMLS

    Fabulous find- two homes on a lot! Designed for creating memories for big family gatherings, while also generating income with very rare and hard to find SHORT TERM RENTAL PERMITS. 2 newly remodeled 3 bedroom houses on an oversized corner lot, just one house from the oceanfront with ocean and bay views. Both homes feature wide plank floors, Shiplap walls, KitchenAid stainless steel appliances, farmhouse sinks, white cabinets, beautiful tiled baths, new light fixtures, skylights, windows and ceiling fans throughout. 951 W Balboa is a charming vintage shingled cottage with a distinctive brick fireplace. The 3 bedroom and 3 bath home with shiplap walls, gorgeous Azul Macubas Quartzite slab countertops, backsplash and fireplace wall also has a finished attic space and enjoys a private back yard with retractable awning, loads of room for entertaining family and guests. The bright blue door opens to 110 10th Street-a bright and airy 3 bed, 2 bath two story that takes full advantage of the amazing ocean and bay views. The second floor main bedroom with a soaring beamed ceiling opens to the roomy deck, offering views of the ocean and bay. Just steps to Newport's bike path, miles of pristine beaches, Newport Elementary School, 10th Street Bay Beach, restaurants, coffee, local market, library, the Fun Zone and Balboa Island Ferry and shopping. Shown by appointment only.

  • December, 2019

  • Dec 26, 2019

    Date

    Sold

    CRMLS: NP19163111

    $2,200,000

    Price

  • Oct 5, 2019

    Date

    Pending

    CRMLS: NP19163111

    $2,495,000

    Price

  • Jul 10, 2019

    Date

    Active

    CRMLS: NP19163111

    $2,495,000

    Price

  • Listing provided courtesy of CRMLS

    Fabulous opportunity on the Balboa Peninsula. 2 Homes on a corner lot. 951 W. Balboa Blvd and 110 10th St. Rebuild one or both and have beautiful Ocean and Bay views. Great location one and two houses from sand. Not many opportunities like this left. Balboa Blvd home is 3/2 one level and 10th is 4/3 two levels. "Can build 2 2,350+ sq ft homes" per city website but buyers responsibility to verify with city of Newport Beach. This is a trust sale and sellers exempt from some disclosures. Being sold "AS IS" with no warranties expressed or implied. "Life is but a dream" Here's your chance to live it!!!!

  • December, 2019

  • Dec 20, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,200,000

    Price

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Tax History for 951 W Balboa Blvd

Assessed Value (2020): $2,200,000
Year Land Value Improved Value Assessed Value
2020 $2,109,423 $90,577 $2,200,000

Home Value Compared to the Market

This property vs the competition

951 W Balboa Blvd sold on January 31, 2023 for 105.45% higher than the current median sold price for the city of Newport Beach which is $2,626,000. The median sold price per/sqft for Newport Beach is $1,073 and this home is sold at $2071.81 per/sqft which puts the price per square foot 93.09% higher than the current median sale per square foot for the city of Newport Beach.

About 951 W Balboa Blvd

Detailed summary of property

951 W Balboa Blvd is a single family home that recently sold in Newport Beach, CA 92661. This house offered 6 bedrooms, 6 bathrooms, roughly 2,604 living square feet, and sits on an approximately 3,219 square foot lot. 951 W Balboa Blvd was first listed on ArdentRealEstateGroup.com on June 7, 2022. The homeowner sold the property for $5,093,000. Home in Newport Beach are selling for a median price of $2,626,000 and a median price per square foot of $1,073. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 105.45% higher than the current median priced home. Local homes that are currently for sale include 601 Lido Park Dr #6D, 125 24th St and 123 Diamond Ave. While the average home in Newport Beach, CA is selling in 75 days, 951 W Balboa Blvd has a days on market of 172 days. There are currently 260 homes for sale in the Newport Beach real estate market and 192 of them are single family homes while 54 of them are condos and 14 are townhomes. For more information on this home for sale at 951 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 951 W Balboa Blvd

Public county record property details
Beds
2
Baths
2
Year built
1949
Sq. Ft.
1,054
Lot Size
3,760
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
12
APN
047-281-01

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.
$2,241
Median Sold Price
$11,100,000
Median Sold Price/Sq.Ft.
$2,775
Total Inventory
47
Median Sale to List Price %
94.11%
Avg Days on Market
174
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (33.33%)

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Related Resources to 951 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.