1324 E Balboa, Newport Beach, California 92661, Newport Beach, 92661 - 5 bed, 6 bath

1324 E Balboa
Newport Beach, California 92661
Property Price
SUMMARY
Analysis of 1324 E Balboa, Newport Beach, California 92661 is currently available with a list price of $29,750,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2017, this custom-designed luxury estate falls within the 10-year window for an excellent rating. The property features high-end modern finishes, including a chef's kitchen with custom cabinetry, marble and stone work, a walk-in glass wine room, and disappearing glass walls. The home is described as immaculate with premium appliances and fixtures, meeting the highest current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Newport Elementary School (9/10).
- Premier Bayfront Lot & Dock
Situated on an oversized corner lot nearly three times the standard size, this property features a private bay beach and a dock accommodating up to a 55-foot vessel.
- Architectural Excellence
Custom-designed by Brandon Architects and built by Spinnaker Development in 2017, the home offers modern luxury with high-end finishes like a glass wine room and disappearing walls.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4424, other record lot size in square feet = 4590. Living area discrepancy between mls listing and other public or private record. mls listing living area = 5453, other record living area = 5613. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4424, living area = 5453.
- Ultra-Luxury Price Point
With a list price of nearly $30 million, the property targets an extremely narrow segment of the market, which may result in a longer duration on the market.
About 1324 E Balboa
Exquisite panoramic sapphire views are on display from almost every room in this idyllic coastal home. Custom designed by Brandon Architects and completed in 2017 by premier homebuilder Spinnaker Development, this immaculate property has a spacious open floor plan, clean lines, and modern amenities. The luxury residence has a soothing neutral palette of colors and custom finishes throughout, including: a walk-in wine room highlighted with glass walls; custom cabinetry; coffered ceilings; an expansive laundry room with built-in dog bath; and beautiful stone, marble, and tile work. The opulent primary suite with balcony has a prominent location highlighting sweeping views of the bay and the peaceful morning sunrise. Three additional oversized bedroom suites, and office, and an attached four-car garage provide spacious accommodations for daily living, while an interior courtyard with a private pool, spa, and water feature, an adjacent billiard or bonus room with a wet bar, a chef’s kitchen, and a great room opening to a loggia on the sand, all provide the ideal backdrop for relaxing with family and friends. Disappearing doors open up the entire first floor of the home to the interior courtyard and the beach. This exceptional Cape Code inspired home sits on one of the largest bayfront lots on Peninsula Point at 7,424 square feet, a corner lot approximately three times the standard bayfront lot, and has only one neighbor to the west. Its expansive private bay beach and dock fronts the largest width of Newport Bay, providing premium views of summer yacht club races through the harbor and the annual holiday boat parade, as well as ample space to sink your toes in the sand, cool off with a quick dip in the bay, take out a paddleboard, or sail away the day. The dock is approved for up to a 55-foot boat. This is a tremendous opportunity to enjoy the finest in Bayfront living and the coveted Newport Beach lifestyle in close proximity to Balboa Village, luxury retail, fine dining, and world-class beaches.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2017
- Lot Size
- 4,424 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Newport Elementary School
Grades PK-6 • 1.6 mi
Horace Ensign Intermediate School
Grades 7-8 • 1.9 mi
Newport Harbor High School
Grades 9-12 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 6.0 | 4.0 | 94% |
| Square foot | 5,453 | 2,315 | 94% |
| Lot Size | 4,424 | 2,614 | 87% |
| Price | $29.75M | $4.50M | 97% |
| Price per sq ft | $5.5K | $2.5K | 97% |
| Built year | 2017 | 1990 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 177 | 3% |
Pricing History
Listed for Sale
Mar 4, 2026
$29,750,000
Initial Listing
Sold
May 15, 2014
$4,650,000
Public Record

















































