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1300 W Balboa Boulevard, Newport Beach, California 92661, Newport Beach, 92661 - 2 bed, 4 bath

1300 W Balboa Boulevard, Newport Beach, California 92661 home-pic-0
ACTIVE$2,950,000
1300 W Balboa Boulevard, Newport Beach, California 92661
2Beds
4Baths
1,848Sqft
3,058Lot
Year Built
1939
Close
-
List price
$2.95M
Original List price
$2.95M
Price/Sqft
$1,596
HOA
-
Days on market
-
Sold On
-
MLS number
NP25273834
Home ConditionFair
Features
Excellent View: Bay, City Lights, Ocean
Deck
Patio
ViewBay,City Lights,Ocean

About this home

Great Deal:The estimated price is 5% above the list price. We found 3 Cons,6 Pros. Rank: price - $2.95M(12th), sqft - 1848(50th), beds - 2(27th), baths - 4(54th).

Situated on an oversized corner lot, 1300 West Balboa Blvd is a charming coastal cottage being offered for sale after being enjoyed by the same family for over 4 generations. With rare, unobstructed views of both the bay and the ocean, this darling home is filled with natural light and an unmistakable sense of coastal charm. The expansive lot provides ample outdoor space and exceptional potential—presenting an excellent development opportunity for those looking to create a dream coastal retreat or capitalize on the property’s remarkable vantage point and walkable distance to the Newport Beach boardwalk, Newport pier, and world-class dining.

Nearby schools

9/10
Newport Elementary School
Public,•PK-6•0.1mi
7/10
Horace Ensign Intermediate School
Public,•7-8•0.8mi
7/10
Newport Harbor High School
Public,•9-12•1.2mi

Price History

Date
Event
Price
12/11/25
Listing
$2,950,000
Condition Rating
Fair
Built in 1939, this charming coastal cottage is well-maintained but significantly dated. The kitchen features older white appliances, basic cabinets, and countertops, while the bathrooms have outdated tile, vanities, and fixtures. While functional and clean, the property requires substantial updates and renovations to meet modern standards, aligning with the listing's suggestion of a 'development opportunity' rather than a move-in ready modern home.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Unobstructed Bay & Ocean Views: The property boasts rare, unobstructed views of both the bay and the ocean, including city lights, a highly coveted feature in this coastal market.
Prime Balboa Peninsula Location: Situated in a highly desirable area, offering walkable access to the Newport Beach boardwalk, Newport Pier, and world-class dining and entertainment.
Significant Development Potential: The oversized corner lot presents an excellent development opportunity for creating a custom coastal retreat, maximizing the property's remarkable vantage point.
Top-Rated Elementary School Proximity: Located just 0.08 miles from Newport Elementary School, which holds a strong rating of 9, making it ideal for families.
Abundant Natural Light: The current charming coastal cottage is filled with natural light, enhancing its appeal and creating a bright living environment.

Cons

Age and Condition of Current Structure: Built in 1939, the existing 'charming coastal cottage' likely requires significant renovation or complete redevelopment to meet modern luxury standards, as suggested by the 'development opportunity' framing.
Limited Current Living Space: With only 2 bedrooms and 1848 sqft, the current home offers relatively small living quarters for its premium location and price point, indicating the primary value lies in the land and its potential.
Potential for Noise and Traffic: Being on an oversized corner lot on West Balboa Boulevard, a main thoroughfare, and in close proximity to the boardwalk and pier, the property may experience higher levels of traffic and pedestrian noise.

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