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
6Beds
7Baths
3,314Sqft
3,049Lot
Year Built
2017
Close
-
List price
$5.99M
Original List price
$6.59M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW24160342
Home ConditionExcellent
Features
Excellent View: City Lights, Neighborhood, Ocean
Deck
Spa
Patio
ViewCity Lights,Neighborhood,Ocean

About this home

Two Separate Homes on this Beautiful Lot! 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 a 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 Beach Balboa 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
08/03/24
Listing
$6,590,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (3 Listings)
Beds60
0%
Baths70
0%
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 market459207
75%
Condition Rating
Excellent

This property, built in 2017, consists of two distinct homes on one lot, both featuring recent construction or extensive, high-quality renovations. Home 417 boasts newer custom remodeling including porcelain tile and cherry walnut wood floors, new electrical, plumbing, and roof. Home 419 is newer construction with luxury Italian porcelain tile, new paint, recessed lighting, new HVAC systems, and a gourmet kitchen with granite counters, tile backsplash, and a professional Blue Star 8-burner gas range. The bathrooms are modern with glass-enclosed showers and a master bath with a custom jet bubbled tub. All major systems and components are new or virtually new, reflecting current quality standards with no deferred maintenance. The images confirm the pristine condition, high-end finishes, and modern amenities throughout, including contemporary light fixtures, well-maintained flooring, and updated systems. This property is move-in ready and exemplifies top-tier quality.
Pros & Cons

Pros

Exceptional Income & Multi-Family Potential: Features two separate, newer-built and remodeled homes on one lot, offering a perfect family compound solution or significant prime investment opportunity for rental income.
Prime Beachfront Location: Situated just steps to the beach in the highly desirable Balboa Peninsula, with convenient access to shopping, restaurants, beach trails, biking, and award-winning schools.
Extensive Modern Upgrades & Newer Construction: Both residences boast newer construction or recent, custom high-end remodels including updated electrical, plumbing, fire sprinklers, new roofs, and quality materials like porcelain tile and cherry walnut wood floors.
Luxurious Amenities & High-End Finishes: Equipped with premium features such as an elevator, ocean views from the third floor, multiple custom fireplaces, gourmet kitchens with professional appliances (e.g., Blue Star range), whole-house water softener, central vacuum system, and a private lighted home spa in a designer garden.
Ample Parking & EV Charging: Provides practical and modern conveniences with a finished 2-car attached garage (with two sets of doors), a 2-car carport, and two electric vehicle charging stations (Tesla and regular).

Cons

High Price Point: The substantial list price of nearly $6 million positions this property in a very exclusive market segment, potentially limiting the pool of prospective buyers.
Limited Lot Size for Dual Homes: While efficiently utilized, the 3,049 sqft lot, accommodating two separate homes, may offer less expansive private outdoor space compared to larger single-family estates at a similar price point.
Increased Maintenance Complexity: Owning and managing two distinct, high-end residences, even if newer, could lead to higher ongoing maintenance, utility, and insurance costs compared to a single, less complex property.

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