
Newport Beach, California 92661
Analysis of 1324 E Balboa Boulevard, Newport Beach, California 92661 is currently available with a list price of $27,995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Newport Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Built in 2017, this custom-designed residence is less than 10 years old and remains in mint condition. The property features high-end modern systems, a chef's kitchen with premium Wolf appliances, and designer marble and stone work in the bathrooms, requiring no maintenance.
Elementary School: Newport Elementary School (9/10).
Occupying a 7,424-square-foot corner lot, this property is approximately three times the size of a standard bayfront parcel and features only one immediate neighbor, offering rare scale and seclusion on the Peninsula.
The estate includes a private sandy beach and a premier dock approved for up to a 55-foot boat, providing direct access to one of the widest and most active stretches of Newport Bay.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7424, other record lot size in square feet = 4590.
At a list price of nearly $28 million, the property targets an extremely narrow segment of the market, which may result in a longer absorption period despite its unique features.
While prestigious, the Balboa Peninsula location is subject to significant tourist traffic, noise, and parking challenges during peak summer months and holiday events like the Boat Parade.
Framed by panoramic sapphire views and the effortless beauty of Newport Harbor, this idyllic coastal residence captures the essence of refined bayfront living on Peninsula Point. Custom designed by Brandon Architects and completed in 2017 by premier homebuilder Spinnaker Development, the home blends clean architectural lines, generous scale, and modern amenities with a soft, sophisticated coastal palette. Throughout the residence, curated finishes and thoughtful details create a sense of understated luxury, from the glass-enclosed walk-in wine room and custom cabinetry to coffered ceilings, an expansive laundry room with built-in dog bath, and beautifully executed stone, marble, and tilework. Positioned to embrace sweeping bay views and peaceful morning sunrises, the opulent primary suite offers a private balcony and a serene retreat above the water. Three additional oversized bedroom suites, an office, and an attached four-car garage provide exceptional accommodations for everyday living, while an interior courtyard with a private pool, spa, and water feature introduces a resort-like sense of privacy and calm. Designed for effortless entertaining, the layout features an adjacent billiard or bonus room with wet bar, a chef’s kitchen, and a gracious great room that opens to a loggia directly on the sand. Disappearing doors dissolve the boundary between indoors and out, opening the entire first floor to the interior courtyard and bayfront beach beyond. Set on one of the largest bayfront parcels on Peninsula Point, this Cape Cod-inspired residence occupies a 7,424-square-foot corner lot, approximately three times the size of a standard bayfront lot, with only one neighboring property to the west. Along the water, an expansive private bay beach and dock front one of the widest stretches of Newport Bay, offering premier views of summer yacht club races, the annual holiday boat parade, and the daily rhythm of harbor life. Approved for up to a 55-foot boat, the dock enhances an already rare waterfront lifestyle, with ample space to sink your toes in the sand, take a quick dip in the bay, launch a paddleboard, or sail away the day. Side-gate access offers convenient proximity to the ocean beach, with an outdoor shower and spa upon return. Moments from Balboa Village, luxury retail, fine dining, and world-class beaches, this exceptional offering presents a tremendous opportunity to experience the finest in bayfront living and the coveted Newport Beach lifestyle.
No exterior & parking available.
Grades PK-6 • 1.6 mi
Grades 7-8 • 1.9 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 6.0 | 4.0 |
| Square foot | 5,453 | 2,868 |
| Lot Size | 7,424 | 6,914 |
| Price | $28.00M | $4.44M |
| Price per sq ft | $5.1K | $1.6K |
| Built year | 2017 | 1970 |
| HOA | $0 | $430 |
| Days on market | 9 | 59 |
Jul 13, 2026
$27,995,000
Initial Listing
May 15, 2014
$4,650,000
Public Record