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

About this home
Excellent opportunity for investors or future homeowners! Currently used as a rental, this property offers immediate income potential and is ideal as an up leg for a 1031 tax-deferred exchange. Whether you’re looking for a strong addition to your investment portfolio or prefer to rent it out now and move in later, this home provides flexibility and long-term value. A rare chance to secure an income-producing property today with the option to make it your personal residence in the future. When you enter this newer-built home, you’ll instantly feel you’ve arrived at the perfect blend of luxury and comfort. The dramatic living area is centered around a cozy fireplace, creating a warm and inviting space to relax or entertain. Upstairs, three oversized bedrooms offer comfort and privacy, while the third floor reveals a surprising retreat that could serve as another primary suite. GREAT VIEW OF OCEAN With a private elevator connecting each level, convenience is built right in. Enjoy sweeping views of ocean from multiple levels, and embrace the coastal lifestyle with an outdoor fireplace and built-in barbecue designed for year-round gatherings. Whether as a savvy investment or your dream home by the beach, this property delivers both opportunity and lifestyle. Best of all, it’s just a short walk to the beach with crashing waves or a quick stroll to the bay, the Fun Zone, and the ferry to Balboa Island.
Nearby schools
Price History
| Subject | Average Home | Neighbourhood Ranking (24 Listings) | |
|---|---|---|---|
| Beds | 0 | 3 | |
| Baths | 0 | 4 | |
| Square foot | 3,029 | 2,600 | 64% |
| Lot Size | 2,400 | 2,625 | 24% |
| Price | $4.79M | $6.5M | 44% |
| Price per square foot | $1,583 | $2,784 | 8% |
| Built year | 2017 | 1999 | 76% |
| HOA | |||
| Days on market | 77 | 205 | 24% |

