1303 E Balboa Boulevard

Newport Beach, CA 92661

$8,000,000

List Price

3

bed Beds

3

shower Baths

2,562 sqft

straighten / sqft

1972

calendar_month Built

Property Description

Located past the last turnout on the boardwalk at Peninsula Point, this highly desired location is close enough to walk to many of the area's most desirable amenities yet also private and serene. The oversized lot affords this spacious and meticulously kept home featuring an "upside down" floor plan with living areas on both levels. Perfect for entertaining at the beach, it includes a family room opening to a large terrace on the beach level. Upstairs, there are vaulted ceilings and a fireplace in the very large, open-concept great room overlooking the coastline and ocean. The Catalina and sunset views are not to be missed. The home also includes a spacious master suite upstairs, two additional bedrooms with a bath downstairs, a guest bath, laundry room, and an amazing oversized garage with parking for three cars and over-height ceilings ideal for beach storage. The elevation change on the lot - which is a rarity among oceanfront properties in Newport - affords extra buildability which has been captured in this structure. This home is very well-kept and is ideal for those looking to personalize a home without having to build new. The location is excellent and is close to world-famous Wedge, the Balboa Pier, Balboa Island, and several neighborhood parks. The beach here is very deep and rarely attracts the crowds found elsewhere on the peninsula. This is an extraordinary opportunity for such a location, and priced attractively for the value-conscious buyer.

Listing Information

List Price $8,000,000
Status Active
MLS NP24195328
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1972
Lot Size 2,400
Structure Size 2,562
DOM 10
Courtesy Of Compass
Listing Agent Robert Giem DRE#01082750

Interior Features

Laundry Information
Location(s) Inside, Laundry Room
Kitchen Information
Features Kitchen/Family Room Combo, Tile Counters, Walk-In Pantry
Bedroom Information
Features Bedroom on Main Level
Total Bedroom
Bedrooms 3
Bathroom Information
Features Bathtub, Closet, Dual Sinks, Separate Shower
Total Bathroom
Bathrooms 3
Flooring Information
Material Carpet, Wood
Fireplace Information
Features Family Room, Living Room
Additional Information
Additional Features Balcony, Eat-in Kitchen, Pantry, Bedroom on Main Level
Cooling Type
Cooling Type Central Air

Exterior Information

Other Structures
Features Patio
View Yes

Maps

Listing information courtesy of: Robert Giem, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 18th, 2024 at 5:51 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.