1103 Balboa Avenue, Newport Beach, California 92662, Newport Beach, - bed, bath

home-pic
ACTIVE$4,495,000
1103 Balboa Avenue, Newport Beach, California 92662
4Beds
4Baths
2,400Sqft
2,550Lot
Year Built
1928
Close
-
List price
$4.5M
Original List price
$4.7M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25167323
Home ConditionExcellent
Features
ViewNeighborhood

About this home

Experience the best of coastal living in this newly renovated corner residence on coveted Balboa Island. Featuring 3 bedrooms, 3 bathrooms, and 2,042 square feet of refined interior space, this home seamlessly combines timeless island charm with elevated contemporary design. Step inside to a sun-filled open floor plan with high-end finishes throughout. The gourmet kitchen is a true showpiece, boasting premium appliances, custom cabinetry, and an oversized island perfect for both everyday living and entertaining. The adjacent living room with fireplace and open-concept dining area create a warm and inviting atmosphere. Upstairs, the expansive primary suite offers a tranquil retreat with a spa-inspired en-suite bathroom. Two additional bedrooms provide generous space for family or guests, all designed with comfort and style in mind. Enhancing the property’s versatility is a fully permitted 358 sq. ft. Accessory Dwelling Unit (ADU), ideal for guest accommodations, a private home office, or rental income. Situated just steps from the bay, local boutiques, and waterfront dining, this rare corner-lot home offers the ultimate Balboa Island lifestyle—modern amenities, thoughtful updates, and a premier location in one of Newport Beach’s most iconic communities.

Price History

Date
Event
Price
08/12/25
Price Change
$4,495,000-4.3%
07/24/25
$4,695,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (18 Listings)
Beds43
68%
Baths43
58%
Square foot2,4002,300
79%
Lot Size2,5502,550
50%
Price$4.5M$4.4M
53%
Price per square foot$1,873$2,302
26%
Built year19281966
11%
HOA
Days on market105168
26%
Condition Rating
Excellent

Despite being built in 1928, the property has undergone a 'newly renovated' and 'extensive' transformation, as explicitly stated in the description and visually confirmed by the images. The kitchen is a 'gourmet' showpiece with premium, new stainless steel appliances, custom white shaker cabinetry, luxurious stone countertops with a waterfall island, and modern fixtures. The primary bathroom is described as 'spa-inspired,' indicating high-end finishes. Throughout the home, there are new wide-plank hardwood floors, modern light fixtures, fresh paint, and contemporary design elements. The property shows no signs of wear or deferred maintenance and includes a newly permitted ADU, all of which align perfectly with the 'Excellent' score criteria for a property extensively renovated within the last 5 years, featuring virtually new components and meeting current quality standards.
Pros & Cons

Pros

Prime Balboa Island Location: Situated on a coveted corner lot, just steps from the bay, local boutiques, and waterfront dining, offering an unparalleled coastal lifestyle in an iconic community.
Extensive Recent Renovation: The residence has been newly renovated with high-end finishes, elevated contemporary design, a gourmet kitchen with premium appliances, and a spa-inspired primary suite.
Versatile Accessory Dwelling Unit (ADU): Includes a fully permitted 358 sq. ft. ADU, providing excellent flexibility for guest accommodations, a private home office, or potential rental income.
Corner Lot Advantage: As a rare corner-lot home, it benefits from enhanced natural light, increased privacy, and potentially greater curb appeal.
Modern Open-Concept Design: Features a sun-filled open floor plan with an open-concept dining area and living room, creating a warm, inviting, and contemporary living space.

Cons

Limited Lot Size: The 2,550 sq. ft. lot is relatively small, which may limit outdoor living space and yard amenities for a property of this price point.
Historic Foundation (1928 Build): Despite recent renovations, the underlying structure dates back to 1928, which could imply potential for unseen issues or ongoing maintenance related to older infrastructure.
Neighborhood View Only: The property offers a 'Neighborhood' view, which may not meet the expectations of some buyers seeking direct bay or ocean views typically associated with premium Balboa Island properties.

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