1123 E Balboa Blvd Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated payment $62,271/month
Highlights
- Very Popular Property
- Ocean Front
- Fireplace in Primary Bedroom Retreat
- Newport Elementary School Rated A
- New Construction
- 4-minute walk to Balboa Peninsula Park
About This Home
Introducing a rare opportunity to own a brand-new oceanfront residence on the highly coveted Balboa Peninsula. Thoughtfully designed and expertly curated, this 4-bedroom, 6.5-bathroom home spans approximately 2,851 square feet and blends timeless coastal architecture with refined, modern finishes. From the moment you enter, the home showcases an elevated yet relaxed aesthetic, featuring custom white oak cabinetry, soft plaster finishes, and a sophisticated mix of natural stone, handcrafted tile, and warm textural elements. The chef’s kitchen is both functional and striking, complete with premium appliances, custom millwork, and a seamless connection to the main living spaces—perfectly positioned to capture sweeping ocean views. Each bedroom is ensuite, offering privacy and comfort, while the primary suite is a true retreat with a spa-inspired bath, layered textures, and serene coastal tones. Throughout the home, curated lighting, designer fixtures, and bespoke details create a cohesive and luxurious living experience. One of the home’s most exceptional features is the expansive rooftop deck, offering panoramic ocean and bay views—an ideal setting for entertaining, relaxing, and enjoying Newport’s iconic sunsets. Located directly on the sand, 1123 E. Balboa delivers the ultimate coastal lifestyle with immediate access to the beach, boardwalk, and all that Newport Beach has to offer.
Listing Agent
Compass Brokerage Email: taralmcnabb@icloud.com License #01871729 Listed on: 04/17/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 2026 | New Construction
Lot Details
- 2,614 Sq Ft Lot
- Ocean Front
- Rectangular Lot
Parking
- 2 Car Attached Garage
Property Views
- White Water Ocean
- Coastline
- Bay
- Catalina
- Panoramic
- City Lights
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,851 Sq Ft Home
- 3-Story Property
- Entryway
- Family Room with Fireplace
- Living Room
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom Retreat
Outdoor Features
- Property has ocean access
- Beach Access
Utilities
- Central Air
Community Details
- No Home Owners Association
- Balboa Peninsula Subdivision
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 18
- Assessor Parcel Number 04815209
- Seller Considering Concessions
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 | $52,546 | $5,040,738 | $4,637,479 | $403,259 |
| 2024 | $52,546 | $4,941,900 | $4,546,548 | $395,352 |
| 2023 | $51,319 | $4,845,000 | $4,457,400 | $387,600 |
| 2022 | $50,471 | $4,750,000 | $4,370,000 | $380,000 |
| 2021 | $6,482 | $574,944 | $452,519 | $122,425 |
| 2020 | $6,418 | $569,049 | $447,879 | $121,170 |
| 2019 | $6,293 | $557,892 | $439,097 | $118,795 |
| 2018 | $6,169 | $546,953 | $430,487 | $116,466 |
| 2017 | $6,061 | $536,229 | $422,046 | $114,183 |
| 2016 | $5,927 | $525,715 | $413,770 | $111,945 |
| 2015 | $5,868 | $517,819 | $407,555 | $110,264 |
| 2014 | $5,730 | $507,676 | $399,571 | $108,105 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/08/2021 10/08/21 | Sold | $4,750,000 | -1.0% | $2,425 / Sq Ft | View Prior Sale |
| 09/08/2021 09/08/21 | Pending | -- | -- | -- | |
| 08/06/2021 08/06/21 | Price Changed | $4,800,000 | -3.5% | $2,450 / Sq Ft | |
| 07/13/2021 07/13/21 | For Sale | $4,975,000 | +13.6% | $2,540 / Sq Ft | |
| 04/05/2021 04/05/21 | Sold | $4,380,000 | -2.7% | $2,236 / Sq Ft | View Prior Sale |
| 02/18/2021 02/18/21 | Pending | -- | -- | -- | |
| 02/04/2021 02/04/21 | Price Changed | $4,500,000 | -3.8% | $2,297 / Sq Ft | |
| 01/13/2021 01/13/21 | Price Changed | $4,680,000 | 0.0% | $2,389 / Sq Ft | |
| 11/18/2020 11/18/20 | For Sale | $4,682,020 | -- | $2,390 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26083583
APN: 048-152-09
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Ask me questions while you tour the home.