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$6,650,000

Beds
2
Baths
2.0
sq ft
1,316

1309 E Balboa Blvd, Newport Beach, CA 92661

1309 E Balboa Blvd

Newport Beach, CA 92661

  • 7 days on market
Located a few doors beyond the last turnout on the boardwalk, and in the Peninsula Point neighborhood, this oceanfront cottage is coming to the market for the first time in several decades. This incredibly desirable location opens to one of the widest and least traveled of all Newport beaches. Great for swimming, sunning, long walks, and relaxing away from the masses, owners here live a privileged life at the shore. The views from this property are scintillating and include panoramas of the beaches looking west to Catalina Island and beyond. Dreamlike, colorful sunsets are ever-present. This location is also steps to the bay, the Wedge, and all of the amenities of the central and east peninsula. The original peninsula cottage here was first built circa 1915. This existing New England style cottage is an ideal candidate for a full-scale restoration. Alternatively, one can build a new home here that takes full advantage of the oversized lot, sizable oceanfront terrace, and gently sloping topography which enables a larger and more favorable building envelope than other Newport Beach oceanfront parcels. Cherished as a seaside escape by the same family since the 1970's, it is time for this property to find new owners to enjoy it for many decades to come.

Details

Property type

Single Family Residence

Lot size

2,400 sq ft

Price per sq ft

$5,054

Year built

1916

HOA

No

Price History

10/28/2024
CRMLS

CRMLS #NP24222779

Listed
$6,650,000

Schools & Community

Elementary school: 

Newport

Middle school: 

Ensign

High school: 

Newport Harbor

Community features: 

Curbs, Street Lights, Suburban, Sidewalks

High school district: 

Newport Mesa Unified

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Status: Active

Tomo last checked: 11/04/2024 at 12:50 PM

Listing updated: 11/01/2024 at 5:14 PM

Listed by: Robert Giem, Compass Phone #: (949) 438-4340

MLS: CRMLS #NP24222779

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