Water Views
Address
1025 E Balboa Boulevard Newport Beach, CA
Price
$ 7,195,000
Property Attributes
  • ML#NP20242430
  • TypeIncome
  • CountyORANGE
  • CityNewport Beach
  • AreaBalboa Peninsula
  • NeighborhoodBalboa Peninsula
  • Zip92661
  • StyleSingle Family Residence
  • Price$ 7,195,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
Tara Foster Shapiro with Pacific Sotheby's Int'l Realty.
Data Source:
CRMLS
Property Description

Displaying arguably some of the best views along the boardwalk this light-filled, corner oceanfront home on Balboa Peninsula captures inspiring panoramic vistas up and down the coastline, as well as spectacular views of the bay front from the third floor solarium and deck. Zoned R2 with a short- term rental permit in place and a noteworthy vacation rental history this turn-key, fully furnished property holds endless possibilities. With a comfortable floor plan ideally suited for easy entertaining and casual beachfront living the four bedroom/four bath home benefits from the privacy afforded by its very unique elevated corner lot orientation. Stunning sit down views can be enjoyed from the living, dining and kitchen areas. The residence enters on grade - without any stairs - and boasts a desirable entry level, en-suite bed and bath, sauna, library, and 700 bottle, temperature-controlled wine cellar. A custom designed residential elevator provides easy access to all three levels of the home. The third floor master suite revels in captivating white water views and romantic Catalina sunsets. A newly completed veranda room with adjoining terrace offers exceptional views of Newport Harbor and the twinkling city lights beyond. Live the beach lifestyle. Enjoy al fresco dinners on your oceanfront patio. Take a stroll to the Balboa Island ferry, and myriad local shops and restaurants. Tool around Balboa in the golf cart that is included. It is vacation everyday!

Price History
11/18/2020 Listed $7,495,000
3/12/2021 5% - $7,195,000

General Features

Accessibility See Remarks
Appliances 6 Burner Stove, Built-In Range, Convection Oven, Double Oven, Dishwasher, Freezer, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Water Softener, Trash Compactor
Community Features Biking, Fishing, Storm Drain(s), Street Lights, Sidewalks, Urban, Water Sports
Cooling Central Air, Zoned
Flooring Carpet, Wood
Garage Spaces 2
Garage Y/N Yes
Heating Central, Forced Air, Natural Gas, Zoned
Interior Features Balcony, Crown Molding, Elevator, Granite Counters, Open Floorplan, Pantry, Stone Counters, Bedroom on Main Level, Entrance Foyer, Walk-In Pantry, Wine Cellar, Walk-In Closet(s)
Levels Three Or More
MLS Area NP - Balboa Peninsula
Open Parking Spaces 1
Parking Features Direct Access, Door-Single, Garage
Pool Features None
Property SubType Single Family Residence
Property Type Residential Income
PropertyCondition Updated/Remodeled
Rooms Sunroom, Sauna, Master Bedroom, Living Room, Library, Laundry, Kitchen, Foyer
Sewer Public Sewer
Spa Features None
Subdivision Name Balboa Peninsula (Residential) (BALP)
Terms Conventional
Total Units 1
Utilities Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Bay, Catalina, City Lights, Coastline, Hills, Neighborhood, Ocean, Panoramic, Pier, Water
Virtual Tour https://vimeo.com/469839695
Virtual Tour http:/1025ebalboa.com/
Waterfront Features Beach Front, Navigable Water, Ocean Access, Ocean Front

Interior Features

Air Conditioning Y/N Yes
Common Walls No Common Walls
Fireplace Features Living Room
Fireplace Y/N Yes
Heating Y/N Yes
Laundry Features Inside

Exterior Features

Lot Features Corner Lot
Lot Size Acres 0.06
Lot Size Area 2430
Lot Size Source Assessor
Lot Size Square Feet 2430
Lot Size Units Square Feet
Number of Buildings 1
Road Frontage Type City Street
Total Parking 3
View Y/N Yes
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Foyer
Kitchen
Laundry
Library
Living Room
Master Bedroom
Sauna
Sunroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92661

Price
AVG $5.21M
$7.2M
Visits
AVG 175
393
Year Built
AVG 1987
1997
Walkscore
AVG 68
63
Data Provided by Walkscore ® not using MLS data

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