1103 Balboa Avenue, Newport Beach, California 92662, Newport Beach, 92662 - bed, bath

1103 Balboa Avenue, Newport Beach, California 92662 home-pic-0
ACTIVE$4,495,000
1103 Balboa Avenue, Newport Beach, California 92662
0Bed
0Bath
Sqft
2,550Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Premier Balboa Island Location: Highly coveted corner lot, situated just steps from the bay, local boutiques, and waterfront dining, offering the ultimate Balboa Island lifestyle.
Top Cons:
High Price Point: Listed at $4.495 million, this represents a substantial investment, potentially narrowing the pool of prospective buyers.

Compared to the nearby listings

Price:$4.50M vs avg $4.31M (+$182,500)55%
Size: sqft vs avg 2,026.5 sqft5%
Price/sqft:$0 vs avg $2.2K5%

More Insights

Built in 1928 (97 years old).
Condition: Despite being built in 1928, the property has been 'newly renovated' with 'high-end finishes throughout,' including a 'gourmet kitchen boasting premium appliances, custom cabinetry,' and a 'spa-inspired en-suite bathroom.' The exterior image also reflects a modern, pristine condition, indicating a comprehensive and recent renovation that brings the property to current quality standards with no deferred maintenance.
Year Built
1928
Close
-
List price
$4.5M
Original List price
$4.5M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
OC25185793
Home ConditionExcellent
Features
ViewNeighborhood

About this home

Experience the best of coastal living in this newly renovated corner residence on coveted Balboa Island. Featuring 3 bedrooms, 3 bathrooms, and 2,042 square feet of refined interior space, this home seamlessly combines timeless island charm with elevated contemporary design. Step inside to a sun-filled open floor plan with high-end finishes throughout. The gourmet kitchen is a true showpiece, boasting premium appliances, custom cabinetry, and an oversized island perfect for both everyday living and entertaining. The adjacent living room with fireplace and open-concept dining area create a warm and inviting atmosphere. Upstairs, the expansive primary suite offers a tranquil retreat with a spa-inspired en-suite bathroom. Two additional bedrooms provide generous space for family or guests, all designed with comfort and style in mind. Enhancing the property’s versatility is a fully permitted 358 sq. ft. Accessory Dwelling Unit (ADU), ideal for guest accommodations, a private home office, or rental income. Situated just steps from the bay, local boutiques, and waterfront dining, this rare corner-lot home offers the ultimate Balboa Island lifestyle—modern amenities, thoughtful updates, and a premier location in one of Newport Beach’s most iconic communities.

Condition Rating
Excellent

Despite being built in 1928, the property has been 'newly renovated' with 'high-end finishes throughout,' including a 'gourmet kitchen boasting premium appliances, custom cabinetry,' and a 'spa-inspired en-suite bathroom.' The exterior image also reflects a modern, pristine condition, indicating a comprehensive and recent renovation that brings the property to current quality standards with no deferred maintenance.
Pros & Cons

Pros

Premier Balboa Island Location: Highly coveted corner lot, situated just steps from the bay, local boutiques, and waterfront dining, offering the ultimate Balboa Island lifestyle.
Extensive Renovation & Modern Design: Newly renovated with a sun-filled open floor plan, high-end finishes throughout, and a seamless blend of timeless island charm with contemporary design.
Gourmet Chef's Kitchen: A true showpiece boasting premium appliances, custom cabinetry, and an oversized island, perfect for both everyday living and entertaining.
Versatile Accessory Dwelling Unit (ADU): Includes a fully permitted 358 sq. ft. ADU, providing excellent flexibility for guest accommodations, a private home office, or potential rental income.
Expansive Primary Suite: Offers a tranquil retreat with a spa-inspired en-suite bathroom, designed with comfort and style in mind.

Cons

High Price Point: Listed at $4.495 million, this represents a substantial investment, potentially narrowing the pool of prospective buyers.
Limited Outdoor Space: The 2,550 sq ft lot size, while typical for Balboa Island, offers minimal private outdoor living area compared to properties in other Newport Beach communities.
No Direct Water View: Despite its proximity to the bay, the property offers a 'Neighborhood' view rather than a direct bay or ocean view, which is a highly sought-after premium feature on Balboa Island.

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