
1103 Balboa Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated payment $28,000/month
Highlights
- No HOA
- Neighborhood Views
- Laundry Room
- Abraham Lincoln Elementary School Rated A
- 2 Car Attached Garage
- Central Air
About This Home
Experience the best of coastal living in this newly renovated corner residence on coveted Balboa Island. Featuring 3 bedrooms, 3 bathrooms, and 2,042 square feet of refined interior space, this home seamlessly combines timeless island charm with elevated contemporary design.
Step inside to a sun-filled open floor plan with high-end finishes throughout. The gourmet kitchen is a true showpiece, boasting premium appliances, custom cabinetry, and an oversized island perfect for both everyday living and entertaining. The adjacent living room with fireplace and open-concept dining area create a warm and inviting atmosphere.
Upstairs, the expansive primary suite offers a tranquil retreat with a spa-inspired en-suite bathroom. Two additional bedrooms provide generous space for family or guests, all designed with comfort and style in mind.
Enhancing the property’s versatility is a fully permitted 358 sq. ft. Accessory Dwelling Unit (ADU), ideal for guest accommodations, a private home office, or rental income.
Situated just steps from the bay, local boutiques, and waterfront dining, this rare corner-lot home offers the ultimate Balboa Island lifestyle—modern amenities, thoughtful updates, and a premier location in one of Newport Beach’s most iconic communities.
Listing Agent
Titan Pacific Group Inc Brokerage Phone: 949-331-4450 License #01425386 Listed on: 07/24/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $40,684
Year Built
- Built in 1928
Lot Details
- 2,550 Sq Ft Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
Interior Spaces
- 2,400 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
Utilities
- Central Air
Community Details
- No Home Owners Association
- Balboa Island Main Island Subdivision
Listing and Financial Details
- Legal Lot and Block 14 / 19
- Tax Tract Number 101
- Assessor Parcel Number 05012301
- $3,081 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $40,684 | $3,781,083 | $3,444,249 | $336,834 |
2024 | $40,684 | $3,537,500 | $3,376,714 | $160,786 |
2023 | $6,872 | $368,588 | $166,592 | $201,996 |
2022 | $4,235 | $361,361 | $163,325 | $198,036 |
2021 | $4,155 | $354,276 | $160,123 | $194,153 |
2020 | $4,114 | $350,644 | $158,481 | $192,163 |
2019 | $4,036 | $343,769 | $155,373 | $188,396 |
2018 | $3,958 | $337,029 | $152,327 | $184,702 |
2017 | $3,889 | $330,421 | $149,340 | $181,081 |
2016 | $3,805 | $323,943 | $146,412 | $177,531 |
2015 | $3,765 | $319,078 | $144,213 | $174,865 |
2014 | $3,676 | $312,828 | $141,388 | $171,440 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/11/2025 08/11/25 | Price Changed | $4,495,000 | -4.3% | $1,873 / Sq Ft |
07/24/2025 07/24/25 | For Sale | $4,695,000 | +72.3% | $1,956 / Sq Ft |
04/26/2023 04/26/23 | Sold | $2,725,000 | -0.9% | $1,467 / Sq Ft |
04/04/2023 04/04/23 | Pending | -- | -- | -- |
03/27/2023 03/27/23 | For Sale | $2,749,000 | -- | $1,480 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $3,537,500 | First American Title Company | |
Grant Deed | $2,725,000 | Chicago Title Company | |
Deed | -- | -- | |
Interfamily Deed Transfer | -- | Placer Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $100,000 | No Value Available | |
Open | $3,272,500 | New Conventional | |
Previous Owner | $4,011,900 | Reverse Mortgage Home Equity Conversion Mortgage | |
Previous Owner | $938,250 | Reverse Mortgage Home Equity Conversion Mortgage | |
Previous Owner | $417,000 | Unknown | |
Previous Owner | $416,000 | Unknown | |
Closed | $0 | Purchase Money Mortgage |
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25167323

APN: 050-123-01
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