1025 E Balboa Boulevard, Newport Beach

$7,495,000

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4 Beds
4 Baths
3,434 Sqft
.06 Acre
2 Garages

Displaying arguably some of the best views along the boardwalk this light-filled, corner oceanfront home on Balboa Peninsula captures inspiring panoramic vistas up and down the coastline, as well as spectacular views of the bay front from the third floor solarium and deck. Zoned R2 with a short- term rental permit in place and a noteworthy vacation rental history this turn-key, fully furnished property holds endless possibilities. With a comfortable floor plan ideally suited for easy entertaining and casual beachfront living the four bedroom/four bath home benefits from the privacy afforded by its very unique elevated corner lot orientation. Stunning sit down views can be enjoyed from the living, dining and kitchen areas. The residence enters on grade - without any stairs - and boasts a desirable entry level, en-suite bed and bath, sauna, library, and 700 bottle, temperature-controlled wine cellar. A custom designed residential elevator provides easy access to all three levels of the home. The third floor master suite revels in captivating white water views and romantic Catalina sunsets. A newly completed veranda room with adjoining terrace offers exceptional views of Newport Harbor and the twinkling city lights beyond. Live the beach lifestyle. Enjoy al fresco dinners on your oceanfront patio. Take a stroll to the Balboa Island ferry, and myriad local shops and restaurants. Tool around Balboa in the golf cart that is included. It is vacation everyday!

Essential Information

MLS® #
NP20242430
Price
$7,495,000
Bedrooms
4
Bathrooms
4.00
Square Footage
3,434
Acres
0.06
Year Built
1997
Type
Residential Income
Status
Active

Community Information

Address
1025 E Balboa Boulevard
Area
Balboa Peninsula (NP)
City
Newport Beach
County
Orange
State
CA
Zip Code
92661

Subdivision

Balboa Peninsula (Residential) (BALP)

Amenities

Parking Spaces
3
# of Garages
2
Is Waterfront
Yes

Waterfront

Beach Front, Lot on Navigable Water, Lot has Ocean Access, Ocean Front

Interior

Cooling
Central A/C, Zoned A/C
Fireplace
Yes
# of Stories
3
Stories
Three Or More Levels

Appliances

6 Burner Stove, Built In Range, Continuous Clean Oven, Convection Oven, Double Oven, Dishwasher, Freezer, Garbage Disposal, Gas Stove, Range/Stove Hood, Microwave, Refrigerator, Trash Compactor, Tankless Water Heater, Water Purifier, Water Softener

Heating

Central Furnace, Forced Air, Natural Gas, Zoned

Exterior

Lot Description
Corner Lot

Additional Information

Date Listed
November 18th, 2020
Days on Market
108

Listing Details

Agent
Tara Foster Shapiro(01892201)
Office
Pacific Sotheby's Int'l Realty

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of March 7th, 2021 at 12:25am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.