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

home-pic
ACTIVE$5,985,000
417 E Balboa Boulevard, Newport Beach, California 92661
0Bed
0Bath
3,314Sqft
3,049Lot
Year Built
2017
Close
-
List price
$5.99M
Original List price
$6.79M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW24103028
Home ConditionExcellent
Features
Excellent View: City Lights, Neighborhood, Ocean
Deck
Spa
ViewCity Lights,Neighborhood,Ocean

About this home

Two Separate Homes on this Beautiful Lot! Total of 3 possible Units! Absolutely Perfect Opportunity here on the Balboa Peninsula. Two Newer Build & Remodeled Homes 417 and 419 E. Balboa Blvd. Fantastic Family Compound and/or Prime Investment for Rental Income possibilities, Steps to the Beach. First Home 417 is 2 Units. Gorgeous Two Story approx 1914 living sqft with 3 bedrooms (1st Floor Primary bed) plus a 4th extra room for bedroom, den or office, 2.5 Bathrooms, large Livingroom and Kitchen. This home has 2 Kitchen areas and Living rooms (upstairs and downstairs) and can be perfect for multi-families as well. Newer Custom Remodeling includes; Porcelain Tile and Cherry Walnut Wood floors, Low E Vinyl Windows, Custom Panel Doors & Front Door, Fire Sprinklers, New Electrical and Plumbing, House Water Softener System, Roof, Outside Patio Deck & Shower. Second Home 419 is Newer Construction. Just Perfect with 3 levels, approx 1400 living sqft with an elevator for easy access. 3 bedrooms, 3.5 bathrooms. Beautiful, Light & Bright! Gorgeous Open Views from the 3rd floor Kitchen, Patio and Viewing Deck looking out to the Ocean and Newport Pier. A Spacious Floorplan with Living Area with Custom Fireplace which opens to the Kitchen & Dining. Beautiful Elegant Custom work includes; Luxury Italian Porcelain Tile Flooring through the Home, New Paint (inside and outside), Low E Vinyl Windows, Baseboards, Recessed Lighting, Custom Panel Doors & Hardware, Heating and A/C systems with ductwork, Whole House Water Softener System & House Vacuum System. Extra Large Gourmet Kitchen has Granite Counters/Tile Backsplash, Blue Star Professional 8 Burner Gas Range, Plenty of Storage Cabinets and Pantry. Inviting, Elegant Master Bedroom Suite with Custom Fireplace and Relaxing Master Bath with Custom jet bubbled tub. These are truly 2 unique homes. Wonderful Beach Living with Patio Decks for you to Enjoy Star Gazing and Quiet, Peaceful Times at the Beach. This is your Own Private Oasis with a Sparkling Lighted Home Spa in your Designer Garden Yard. Additionally, there is a finished 2 Car Attached Garage with 2 sets of doors, 2 Car Carport and 2 Charging Stations (Tesla and Regular). A Rare Find here in Newport Beach. Just Steps to the Beach, Permit Parking available, close to shopping, restaurants, Beach trails, Biking and Award winning Schools. Welcome Home!!

Nearby schools

9/10
Newport Elementary School
Public,PK-61.0mi
7/10
Horace Ensign Intermediate School
Public,7-81.3mi
7/10
Newport Harbor High School
Public,9-121.6mi

Price History

Date
Event
Price
08/31/25
Price Change
$5,985,000
06/26/24
Listing
$6,795,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (3 Listings)
Beds00
Baths00
Square foot3,3140
25%
Lot Size3,0493,049
50%
Price$5.99M$2.7M
75%
Price per square foot$1,806$746.5
75%
Built year20179760978
100%
HOA
Days on market497207
75%
Condition Rating
Excellent

This property, built in 2017, consists of two homes described as 'Newer Build & Remodeled' and 'Newer Construction.' The detailed description highlights extensive custom renovations including new electrical, plumbing, roof, HVAC systems, and high-quality materials such as Luxury Italian Porcelain Tile and Cherry Walnut Wood floors. The kitchens feature gourmet appliances like a Blue Star Professional 8 Burner Gas Range and granite counters, while bathrooms boast modern fixtures and luxury amenities like a custom jetted tub. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Exceptional Income & Multi-Generational Potential: Comprising two separate, newer homes with a total of three potential units, this property offers significant rental income opportunities or serves as a versatile family compound.
Premier Balboa Peninsula Location: Situated steps from the beach on the highly desirable Balboa Peninsula, providing unparalleled access to the sand, ocean, shopping, dining, and recreational activities.
Modern Construction & High-End Finishes: Built in 2017 and extensively remodeled, the homes feature luxury amenities such as an elevator, gourmet kitchens with professional appliances, custom materials, and modern systems including EV charging stations.
Desirable Ocean Views: The second home offers stunning open ocean and Newport Pier views from its third-floor kitchen, patio, and viewing deck, a premium feature in this coastal market.
Comprehensive Amenities & Turnkey Condition: Includes a private lighted home spa, multiple outdoor patio decks, ample parking (2-car attached garage, 2-car carport), and modern infrastructure (A/C, water softener, fire sprinklers), ensuring a move-in ready luxury experience.

Cons

Premium Price Point: The current list price of nearly $6 million, even after a significant reduction from its original asking, positions it at the very top tier of the market, potentially limiting the pool of prospective buyers.
Limited Lot Size: At 3,049 sqft, the lot is relatively compact for two separate homes and three potential units, which may limit expansive outdoor living space beyond the existing decks and spa area.
High-Traffic Location: While offering unparalleled beach access, its prime location on Balboa Boulevard can lead to increased noise and foot traffic, particularly during peak seasons, which may not appeal to all buyers seeking ultimate tranquility.

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