
Newport Beach, California 92661
This Stunning Coastal Residence is a Strong Value Opportunity, listed at $9,890,000—positioned well below the $10,604,053 Fair Market Value by 6%. This valuation gap offers $714,053 in Instant Equity for the buyer. Featuring an Excellent Condition Rating and built in 2022, the home offers bespoke finishes, solar power, and panoramic harbor views. Located in the prestigious Peninsula Point enclave near Top-Rated Newport Elementary, this property is the ideal sanctuary for Luxury Homeowners or Discerning Investors seeking a turnkey coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1416 E Balboa Boulevard Subject | $9,890,000* List Price | 5 | 6 | 3,349 | $3,112 | - |
A 218 E Oceanfront Sold | $9,250,000 | 4 | 4 | 2,650 | $3,491 | 0.8 mi |
B 1516 E Ocean Front Sold | $10,600,000 | 5 | 4 | 3,083 | $3,438 | 0.1 mi |
C 1508 E Balboa Boulevard Active | $6,995,000 List Price | 4 | 6 | 3,316 | $2,109 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property is in mint condition and well within the <10 year age bracket for an excellent rating. It features bespoke designer finishes, modern smart-home technology, solar power with battery backup, and high-end spa-like bathrooms.
Elementary School: Newport Elementary School (9/10).
Situated in the prestigious Peninsula Point enclave, this property offers rare dual proximity to both the beach and bay, featuring expansive rooftop terraces with panoramic views of Newport Harbor and the Pacific Ocean.
Built in 2022, this designer residence features contemporary smart-home technology, solar power with battery backup, and bespoke finishes, providing a turn-key luxury experience with high energy efficiency.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2700, living area = 3349.
At a list price of nearly $9.89 million for 3,349 square feet, the property commands a significant premium that may be sensitive to market fluctuations compared to larger estates in the same price bracket.
The 2,700 square foot lot is relatively small, which limits private yard space and may feel constrained for buyers seeking more traditional outdoor privacy or expansive grounds.
There is a reason Peninsula Point has long been one of Newport Beach's most coveted coastal enclaves - where morning beach walks, afternoons on the harbor, and evenings watching the sun sink into the Pacific become part of everyday life. Crafted to embody that unmistakable coastal cadence, this exceptional designer residence occupies one of the Point's larger parcels just moments from both bay and beach, where timeless architecture, meticulously curated interiors, and beautiful harbor and ocean views define an extraordinary coastal retreat. Beyond the charming Dutch door entry, a lush garden courtyard unfolds as an outdoor living room. Here an intimate firepit lounge welcomes sunny afternoons and relaxed evenings with friends. Expansive walls of glass and oversized windows flood the home with natural light, creating airy interiors that remain seamlessly connected to the coastal landscape. Encompassing five bedrooms and five-and-one-half baths, the home is distinguished by bespoke finishes, custom wall treatments, statement lighting, designer window coverings, and a serene palette of warm whites, soft neutrals, and natural textures. Generous living, dining, and kitchen spaces open to one another in a way that feels intuitive and welcoming. The primary suite enjoys abundant natural light, calming water views, and refreshing ocean breezes, creating a restful retreat. The serene spa bath features a deep soaking tub and steam shower. Each beautifully appointed guest suite offers privacy and comfort – while a custom-designed bunk room provides a playful, yet refined retreat destined to become a favorite space for family members and guests. Above it all, spectacular rooftop terraces capture views of Newport Harbor, the Pacific Ocean, and city skyline. A handcrafted cedar hot tub, covered lounges, a porch swing, and multiple vantage points for unforgettable sunsets and harbor lights create an extraordinary setting for entertaining or quiet moments above the coast. Enhanced by smart-home technology, solar power, a household battery backup system, a two-car garage, and dedicated golf cart parking - and positioned just steps from both the bay and the beach - this remarkable residence captures everything that makes Peninsula Point one of Newport Beach's most sought-after addresses. Offering water views, exceptional outdoor living, stunning finishes and a thoughtful floorplan, it represents a rare opportunity to own a home as extraordinary as the lifestyle it affords.
No exterior & parking available.
Grades PK-6 • 1.7 mi
Grades 7-8 • 2.0 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 6.0 | 3.8 |
| Square foot | 3,349 | 2,729.518 |
| Lot Size | 2,700 | 6,677.813 |
| Price | $9.89M | $4.20M |
| Price per sq ft | $3.0K | $1.6K |
| Built year | 2022 | 1972 |
| HOA | $0 | $414 |
| Days on market | 49 | 63 |
Jul 22, 2026
$9,890,000
Initial Listing
Apr 25, 2024
$7,200,000
Public Record
Oct 18, 2019
$4,060,000
Public Record