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$8,000,000
3 Beds
2.5 Baths
2,562 SqFt
0.06 Acre Lot
2,400 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 1972
Neighborhood Balboa Peninsula (residential) (balp)
Days on Website 59

Property Map

$8,000,000 – 1303 E Balboa Boulevard, Newport Beach, CA 92661

Street View

Property listed by Compass, Robert Giem {attribution_contact}

Description

Located past the last turnout on the boardwalk at Peninsula Point, this highly desired location is close enough to walk to many of the area’s most desirable amenities yet also private and serene. The oversized lot affords this spacious and meticulously kept home featuring an upside down floor plan with living areas on both levels. Perfect for entertaining at the beach, it includes a family room opening to a large terrace on the beach level. Upstairs, there are vaulted ceilings and a fireplace in the very large, open-concept great room overlooking the coastline and ocean. The Catalina and sunset views are not to be missed. The home also includes a spacious master suite upstairs, two additional bedrooms with a bath downstairs, a guest bath, laundry room, and an amazing oversized garage with parking for three cars and over-height ceilings ideal for beach storage. The elevation change on the lot – which is a rarity among oceanfront properties in Newport – affords extra buildability which has been captured in this structure. This home is very well-kept and is ideal for those looking to personalize a home without having to build new. The location is excellent and is close to world-famous Wedge, the Balboa Pier, Balboa Island, and several neighborhood parks. The beach here is very deep and rarely attracts the crowds found elsewhere on the peninsula. This is an extraordinary opportunity for such a location, and priced attractively for the value-conscious buyer.

Property Details and Features

Property Access

  • Road frontage type: CityStreet
  • Road surface type: Paved

Appliances & Equipment

  • DoubleOven
  • Refrigerator

Bathrooms

  • 1 half bathroom
  • 1 main level bathroom
  • 2 full bathrooms
  • 3 total bathrooms

Bedrooms

  • 2 main level bedrooms
  • 3 total bedrooms

Building

  • Built in 1972
  • Levels: Two
  • Living area: 2562
  • 2 stories
  • Common walls: NoCommonWalls

Community

  • Biking
  • StreetLights
  • Sidewalks

Cooling

  • CentralAir

Fireplaces

  • FamilyRoom
  • LivingRoom

Floors

  • Carpet
  • Wood

Garage

  • 3 spaces

Heating

  • Central

Interior Features

  • Balcony
  • EatInKitchen
  • Pantry
  • BedroomOnMainLevel

Laundry

  • Inside
  • LaundryRoom

Listing

  • ListingID: NP24195328
  • Standard status: Active
  • 10 days on market

Location

  • Subdivision name: Balboa Peninsula (Residential) (BALP)

Lot

  • 0.0551 acres
  • 2,400 square feet
  • Size: 2,400
  • ZeroToOneUnitAcre

Parking

  • 3 totals parking
  • Garage

Pool

  • None

Possession

  • CloseOfEscrow

Property

  • Patio
  • Catalina
  • Ocean
  • Water
  • BeachAccess
  • BeachFront
  • OceanAccess

Schools

  • Elementary school: Newport
  • Middle or junior school: Ensign
  • High school: Newport Harbor

Sewer

  • PublicSewer

Spa

  • None

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