1305 E Balboa Boulevard, Newport Beach, California 92661, Newport Beach, - bed, bath

home-pic
ACTIVE$7,980,000
1305 E Balboa Boulevard, Newport Beach, California 92661
3Beds
4Baths
2,634Sqft
2,400Lot
Year Built
1930
Close
-
List price
$7.98M
Original List price
$8.6M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25005205
Home ConditionGood
Features
Excellent View: Catalina, Ocean, Water
Patio
ViewCatalina, Ocean, Water

About this home

Perfectly positioned within the sought-after Alphabet Streets of Balboa Peninsula, this captivating oceanfront property embodies the essence of luxurious coastal living. With its prime location near the end of the boardwalk, it offers a serene and picturesque retreat with sweeping panoramic ocean views. Originally built in 1930, this stunning Spanish-style home has been thoughtfully and recently upgraded while retaining its original charm. Upgrades include a new roof, new windows, a new heat pump and AC, fresh exterior and interior paint, and owned solar panels. As you enter through a private patio, you're greeted by a cozy living room with tall ceilings adorned with exposed wooden beams, a fireplace, and breathtaking views of the dunes and ocean. The primary suite serves as a personal retreat, featuring a secluded sitting room, a newly remodeled en-suite bathroom, and a private balcony all with ocean views. Notable features include stainless steel appliances in the kitchen, hand-painted tiles, a two-car garage, and charming Spanish aesthetics throughout. Experience the epitome of coastal living with close proximity to world-class dining, shopping, the renowned Wedge surf spot, and John Wayne Airport. 1305 E Balboa is not just a residence; it's a lifestyle.

Nearby schools

9/10
Newport Elementary School
Public,PK-61.6mi
7/10
Horace Ensign Intermediate School
Public,7-81.9mi
7/10
Newport Harbor High School
Public,9-122.1mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (24 Listings)
Beds33
50%
Baths44
50%
Square foot2,6342,600
52%
Lot Size2,4002,625
24%
Price$7.98M$6.55M
68%
Price per square foot$3,030$2,912
56%
Built year19301991
4%
HOA
Days on market301212
84%
Condition Rating
Good

The property was built in 1930 but has been recently upgraded, including a new roof, windows, AC, and paint. The kitchen features stainless steel appliances, but the style is somewhat dated. The bathroom appears remodeled and in good condition. The overall condition suggests it's move-in ready with some updates, but not a complete, recent renovation.
Pros & Cons

Pros

Oceanfront Location: Prime oceanfront location on Balboa Peninsula's Alphabet Streets, offering direct beach access and proximity to the boardwalk.
Panoramic Ocean Views: Sweeping panoramic ocean views from multiple rooms and a private balcony, enhancing the property's desirability and value.
Recent Upgrades: Recently upgraded with a new roof, new windows, new heat pump and AC, fresh paint, and owned solar panels, reducing immediate maintenance concerns.
Spanish-Style Charm: Charming Spanish-style architecture with original details retained, including exposed wooden beams and hand-painted tiles, appealing to a specific aesthetic.
Proximity to Amenities: Close proximity to world-class dining, shopping, the Wedge surf spot, and John Wayne Airport, offering convenience and lifestyle benefits.

Cons

Year Built (1930): The property was originally built in 1930, which may present potential challenges related to older construction and code compliance despite recent upgrades.
Lot Size: Relatively small lot size of 2,400 sqft may limit outdoor space and expansion possibilities.
Original List Price Reduction: The property has experienced a price reduction from its original list price, which could indicate market resistance or perceived overpricing.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State