$7,500,000
$480K PRICE DROP

Estimated payment $41,606/month

Total Views 206,882
3 Beds
3.5 Baths
2,634 Sq Ft
$2,847 Price per Sq Ft

Highlights

  • Hot Property
  • Ocean Front
  • Fireplace in Primary Bedroom
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • Deck

About This Home

Perfectly positioned within the sought-after Alphabet Streets of Balboa Peninsula, this captivating oceanfront property embodies the essence of luxurious coastal living. With its prime location near the end of the boardwalk, it offers a serene and picturesque retreat with sweeping panoramic ocean views. Originally built in 1930, this stunning Spanish-style home has been thoughtfully and recently upgraded while retaining its original charm. Upgrades include a new roof, new windows, a new heat pump and AC, fresh exterior and interior paint, and owned solar panels. As you enter through a private patio, you're greeted by a cozy living room with tall ceilings adorned with exposed wooden beams, a fireplace, and breathtaking views of the dunes and ocean. The primary suite serves as a personal retreat, featuring a secluded sitting room, a newly remodeled en-suite bathroom, and a private balcony all with ocean views. Notable features include stainless steel appliances in the kitchen, hand-painted tiles, a two-car garage, and charming Spanish aesthetics throughout. Experience the epitome of coastal living with close proximity to world-class dining, shopping, the renowned Wedge surf spot, and John Wayne Airport. 1305 E Balboa is not just a residence; it's a lifestyle.

Listing Agent

Keegan Budden

Douglas Elliman of California Inc. Brokerage Phone: 949-278-1393 License #02017865 Listed on: 06/09/2025

Douglas Elliman of California Inc.

Co-Listing Agent

Joshua Altman

Douglas Elliman of California Brokerage Phone: 949-278-1393 License #01764587

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,219

Year Built

  • Built in 1930

Lot Details

  • 2,400 Sq Ft Lot
  • Ocean Front
  • Brick Fence
  • Landscaped
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • Ocean
  • Catalina

Home Design

  • Spanish Architecture
  • Spanish Tile Roof

Interior Spaces

  • 2,634 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Shutters
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Electric Cooktop
  • Freezer
  • Dishwasher
  • Tile Countertops
  • Pots and Pans Drawers

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Front Porch

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Legal Lot and Block 3 / 22
  • Tax Tract Number 105
  • Assessor Parcel Number 04816403
  • $380 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,219

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04816403
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2634.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, High Ceilings, Pantry, Tile Counters
  • Stories: 2
  • Entry Location: /
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Two
  • Price Per Square Foot: 2847.38
  • Room Type: All Bedrooms Up, Dressing Area, Entry, Family Room, Kitchen, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Window Features: Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Primary Bath, Tile Counters, Walk-In Shower
  • Room Kitchen Features: Pots & Pan Drawers, Tile Counters

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean, Water
  • Fence: Yes
  • Fencing: Brick
  • Patio And Porch Features: Deck, Front Porch
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Two Door, Private
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Freezer, Gas Oven, Refrigerator
  • Heating Type: Heat Pump
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped
  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0551

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2400.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Front

Tax Info

  • Tax Block: 22
  • Tax Census Tract: 628.00
  • Tax Lot: 3
  • Tax Tract Number: 105
  • TaxOtherAnnualAssessmentAmount: 380.00

Map

Range of Values:

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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
2024 $2,219 $173,526 $110,489 $63,037
2023 $2,163 $170,124 $108,323 $61,801
2022 $2,049 $166,789 $106,199 $60,590
2021 $2,011 $163,519 $104,117 $59,402
2020 $1,990 $161,843 $103,050 $58,793
2019 $1,955 $158,670 $101,029 $57,641
2018 $1,917 $155,559 $99,048 $56,511
2017 $1,883 $152,509 $97,106 $55,403
2016 $1,843 $149,519 $95,202 $54,317
2015 $1,822 $147,274 $93,772 $53,502
2014 $1,779 $144,390 $91,936 $52,454
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $7,500,000 -6.0% $2,847 / Sq Ft
07/05/2025 07/05/25 For Sale $7,980,000 0.0% $3,030 / Sq Ft
07/04/2025 07/04/25 Off Market $7,980,000 -- --
06/09/2025 06/09/25 For Sale $7,980,000 0.0% $3,030 / Sq Ft
04/12/2025 04/12/25 Rented $22,000 0.0% --
04/02/2025 04/02/25 For Rent $22,000 0.0% --
07/18/2024 07/18/24 Sold $8,000,000 -2.4% $3,037 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $8,200,000 -- $3,113 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $8,000,000 Chicago Title
Grant Deed -- --
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,200,000 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $850,000 New Conventional
Previous Owner $360,000 Future Advance Clause Open End Mortgage
Previous Owner $250,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

About the Listing Agent

Keegan Budden

Douglas Elliman of California Inc.

(949) 776-2360

Section Image

Keegan's Other Listings

  • 642 Via Lido Nord, Newport Beach, CA 92663

    $19,995,000 Open Sat 2PM - 5PM

    • 4 Beds
    • 4 Baths
    • 2,919 Sq Ft
    • 642 Via Lido Nord
    • Newport Beach, CA

    This newly completed bayfront masterpiece was taken down to the studs and meticulously reimagined, blending timeless modernism with architectural pedigree on Lido Isle’s most coveted stretch of waterfront. Honoring the vision of original architect Donald Knorr, the home showcases clean lines, abundant natural light, and a serene simplicity that defines elevated coastal living. At its heart is a

    Keegan Budden Douglas Elliman of California Inc.

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25128648

California Regional Multiple Listing Service (CRMLS)

APN: 048-164-03