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

home-pic
ACTIVE UNDER CONTRACT$7,500,000
1305 E Balboa Boulevard, Newport Beach, California 92661
3Beds
4Baths
2,634Sqft
2,400Lot
Year Built
1930
Close
-
List price
$7.5M
Original List price
$7.98M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25128648
Home ConditionExcellent
Features
Excellent View: Catalina, Ocean, Water
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

Price History

Date
Event
Price
10/15/25
Price Change
$7,500,000
06/09/25
Listing
$7,980,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (24 Listings)
Beds33
50%
Baths44
50%
Square foot2,6342,600
52%
Lot Size2,4002,625
24%
Price$7.5M$6.55M
64%
Price per square foot$2,847$2,847
50%
Built year19301991
4%
HOA
Days on market148203
28%
Condition Rating
Excellent

Despite being built in 1930, this property has undergone extensive and recent upgrades, including a new roof, new windows, a new heat pump and AC, fresh paint, and owned solar panels. The primary bathroom is newly remodeled with modern subway tiles and fixtures. The kitchen features stainless steel appliances and, while having hand-painted tiled countertops (a stylistic choice fitting the Spanish charm), appears clean and fully functional. The hardwood floors are well-maintained, and the overall condition reflects a property that has been virtually renovated to current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Oceanfront Location: Unbeatable oceanfront positioning within the highly desirable Alphabet Streets of Balboa Peninsula, offering direct access to the boardwalk, dining, shopping, and the renowned Wedge surf spot.
Panoramic Ocean Views: Sweeping panoramic views of the ocean and dunes are available from multiple vantage points, including the primary suite's private balcony, enhancing the property's luxury appeal.
Extensive Recent Upgrades: The property has undergone thoughtful and recent upgrades including a new roof, windows, heat pump/AC, fresh paint, and a remodeled en-suite bathroom, ensuring modern comfort and reduced immediate maintenance.
Unique Spanish Architectural Charm: Retains its original 1930s Spanish-style charm with features like exposed wooden beams, hand-painted tiles, and a cozy fireplace, offering a distinctive aesthetic.
Energy Efficiency: Equipped with owned solar panels and a new heat pump/AC system, contributing to lower utility costs and enhanced environmental sustainability.

Cons

Age of Original Structure: Despite recent upgrades, the property's original construction date of 1930 may present inherent challenges or require specialized maintenance associated with an older foundation and infrastructure.
Limited Lot Size: The 2400 sqft lot is relatively small for a luxury oceanfront property, potentially limiting expansive outdoor living areas, privacy, or future development opportunities.
Potential for Noise/Traffic: Its prime location near the end of the boardwalk and within a popular area could lead to increased foot traffic and ambient noise, particularly during peak seasons, which may impact tranquility.

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