$10,995,000
COMING SOON NEW CONSTRUCTION

Estimated payment $62,271/month

Total Views 3,006
4 Beds
6.5 Baths
2,851 Sq Ft
2,614 Sq Ft Lot Lot

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

Tara McNabb

Compass Brokerage Email: taralmcnabb@icloud.com License #01871729 Listed on: 04/17/2026

Compass

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

Home Details

Home Type

Single Family

Year Built

Built in 2026 | New Construction

Lot Details

2,614 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04815209
  • Year Built: 2026
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: 34

Interior Features

  • Fireplace: Yes
  • Living Area: 2851.00 Square Feet
  • Stories: 3
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Primary Retreat, Family Room
  • Levels: One, Three Or More, Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3856.54
  • Room Type: Entry, Laundry, Kitchen, Living Room, Family Room

Exterior Features

  • View: Coastline, Ocean, Catalina, Bay, White Water, City Lights, Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access, Beach Access, Ocean Front

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 18

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26083583

California Regional Multiple Listing Service (CRMLS)

APN: 048-152-09

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