1201 E Balboa Blvd Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated payment $64,983/month
Highlights
- White Water Ocean Views
- Wine Cellar
- Fireplace in Primary Bedroom
- Newport Elementary School Rated A
- Primary Bedroom Suite
- 4-minute walk to Balboa Peninsula Park
About This Home
Set directly on the sand along one of Newport Beach’s most sought-after stretches of coastline, this exceptional oceanfront residence sits on a rare oversized corner lot with 45 feet of beach frontage, capturing sweeping, unobstructed views of the Pacific, bay, and coastline beyond. The home is defined by its seamless indoor-outdoor flow, opening to an expansive beachfront patio where the sand and sea feel like a natural extension of the living space. Light-filled interiors showcase an open-concept design with walls of glass, a statement fireplace, and a versatile layout featuring a main-level primary suite with ocean views, two additional guest bedrooms, separate staff quarters, and a private upper-level retreat, all connected by an elevator servicing three interior levels. A rooftop deck offers panoramic views in every direction, ideal for entertaining or relaxing above it all, while a lower-level wine cellar adds a refined touch. With garage and carport parking for up to 7 vehicles, this property delivers a rare blend of scale, architectural pedigree, and effortless beachfront living in an irreplaceable location.
Listing Agent
Douglas Elliman of California Brokerage Phone: 310-595-3888 License #01764587 Listed on: 04/08/2026
Co-Listing Agent
Douglas Elliman of California, Inc. Brokerage Phone: 310-595-3888 License #01833121
Home Details
Home Type
- Single Family
Year Built
- Built in 1991
Lot Details
- 3,178 Sq Ft Lot
- Corner Lot
Parking
- 2 Car Attached Garage
- 5 Carport Spaces
- Parking Available
Property Views
- White Water Ocean
- Coastline
- Bay
- Panoramic
Home Design
- Split Level Home
- Entry on the 1st floor
Interior Spaces
- 4,111 Sq Ft Home
- Elevator
- Recessed Lighting
- Formal Entry
- Wine Cellar
- Family Room Off Kitchen
- Living Room with Fireplace
- Library
- Home Security System
- Laundry Room
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
Outdoor Features
- Living Room Balcony
- Exterior Lighting
Additional Features
- Suburban Location
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Balboa Peninsula Subdivision
Listing and Financial Details
- Legal Lot and Block 1 / 20
- Tax Tract Number 105
- Assessor Parcel Number 04816301
- $407 per year additional tax assessments
- 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 | $86,640 | $9,200,000 | $7,505,945 | $1,694,055 |
| 2024 | $28,322 | $2,654,314 | $1,296,558 | $1,357,756 |
| 2023 | $27,660 | $2,602,269 | $1,271,135 | $1,331,134 |
| 2022 | $27,202 | $2,551,245 | $1,246,211 | $1,305,034 |
| 2021 | $26,680 | $2,501,221 | $1,221,775 | $1,279,446 |
| 2020 | $26,424 | $2,475,575 | $1,209,248 | $1,266,327 |
| 2019 | $25,876 | $2,427,035 | $1,185,537 | $1,241,498 |
| 2018 | $25,360 | $2,379,447 | $1,162,292 | $1,217,155 |
| 2017 | $24,912 | $2,332,792 | $1,139,502 | $1,193,290 |
| 2016 | $24,351 | $2,287,051 | $1,117,158 | $1,169,893 |
| 2015 | $24,123 | $2,252,698 | $1,100,377 | $1,152,321 |
| 2014 | $23,554 | $2,208,571 | $1,078,822 | $1,129,749 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/08/2026 04/08/26 | For Sale | $10,895,000 | -- | $2,650 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $764,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26073538
APN: 048-163-01
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Ask me questions while you tour the home.