1303 E Balboa BLVD, Newport Beach, CA 92661 – NP24195328

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$8,000,000

Est. payment - /mo

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3 BD

3 BA

2,562 SqFt

Active

1303 E Balboa BLVD Newport Beach, CA 92661

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

12/10/2024 06:51 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,562 sqft

Price per Sqft $3,122

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP24195328

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1972

Lot Size 2,400 Sqft

Property 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.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Rooms

Main Level Bedrooms 2

Interior

Interior Features Balcony, Eat-in Kitchen, Pantry, Bedroom on Main Level

Heating Central

Cooling Central Air

Flooring Carpet, Wood

Fireplaces Type Family Room, Living Room

Fireplace Yes

Appliance Double Oven, Refrigerator

Laundry Inside, Laundry Room

Exterior

Parking Features Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Biking, Street Lights, Sidewalks

Waterfront Description Beach Access,Beach Front,Ocean Access

View Y/N Yes

View Catalina, Ocean, Water

Porch Patio

Attached Garage Yes

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type House

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

Elementary Schools Newport

Middle Schools Ensign

High Schools Newport Harbor

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 04816402

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by Robert Giem • Compass • 949-933-7046