
Newport Beach, California 92661
This Stunning Turn-Key Residence is listed at $8,349,000, positioned well below the $8,614,787 Fair Market Value by 3%. This valuation gap offers $265,787 in Instant Equity for the discerning buyer. Featuring an Excellent Condition Rating (2021 construction), the home showcases a Professional-Grade Kitchen, Rooftop Deck, and Automated Systems. Located in the prestigious Balboa Peninsula Point near Newport Elementary (9/10), this property offers a sophisticated coastal lifestyle. It is an ideal acquisition for Luxury Homeowners or High-Net-Worth Investors seeking a premier beachside sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1717 E Ocean Boulevard Subject | $8,349,000* List Price | 4 | 5 | 3,118 | $2,763 | - |
A 1508 E Balboa Boulevard Active | $6,995,000 List Price | 4 | 6 | 3,316 | $2,109 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this newer construction home is in mint condition and meets the criteria for excellent. It features high-end designer finishes, a professional-grade kitchen with premium stone and wood details, modern spa-like bathrooms, and state-of-the-art automated systems for lighting, windows, and AV.
Elementary School: Newport Elementary School (9/10).
Situated just one house from the sand in the prestigious Balboa Peninsula Point, this property offers an elite beachside lifestyle with immediate access to the ocean.
Built in 2021 and styled by House of Morrison Interiors, the home features high-end bespoke finishes, automated systems, and a modern aesthetic ready for immediate occupancy.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2450, living area = 3118.
Despite its proximity to the beach, the property only offers 'peek-a-boo' ocean views rather than full panoramic vistas, which may be a consideration at this premium price point.
With a lot size of 2,450 square feet, the property has limited private yard space, relying primarily on the rooftop deck and small patios for outdoor living.
A seamless blend of modern design and laid-back, Southern California style, this newer construction 4 bedroom, 5 bath home positioned just one house from the sand within the charming neighborhood of Balboa Peninsula Point affords a rarely available turn-key lifestyle opportunity at the beach. With interior appointments expertly designed by Denise Morrison of House of Morrison Interiors the residence speaks to both sophistication and comfort, engaging a palette of timeless stone, textured neutrals, and rich wood. Open plan living spaces flow from inside to the outdoors, with disappearing walls of glass unveiling tranquil patio spaces made for entertaining. Bespoke interior finishes include abundant wood ceiling detail, refined designer lighting, and the thoughtful implementation of handcrafted stone and tile. A stunning professional-grade kitchen commands attention with abundant storage and prep space, a separate butler’s pantry, and chic wet bar. Upstairs three guest bedroom areas (one currently used an an office) accompany the luxurious, hotel-like primary suite highlighted by soaring ceilings, a private terrace, walk-in dressing area with artisan millwork, and a dramatic spa bath with separate dressing vanity area. The ultimate destination for socializing, the grand rooftop deck enjoys peek-a-boo ocean views, covered and uncovered lounge areas, and is adjoined by a lofted media room/den with a wet bar and full bath. An attached two car garage, two laundry areas, and automated lighting, window, and AV systems complete this residence built with a focus on timeless, warm contemporary design. An opportunity to enjoy luxurious beach living and the amenities associated with the premier location of Balboa Peninsula Point.
No exterior & parking available.
Grades PK-6 • 1.9 mi
Grades 7-8 • 2.2 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 5.0 | 4.0 |
| Square foot | 3,118 | 2,868 |
| Lot Size | 2,450 | 6,914 |
| Price | $8.35M | $4.44M |
| Price per sq ft | $2.7K | $1.6K |
| Built year | 2021 | 1970 |
| HOA | $0 | $430 |
| Days on market | 55 | 59 |
May 28, 2026
$8,349,000
Initial Listing
Oct 8, 2024
$6,875,000
Public Record
Jan 30, 2020
$2,050,000
Public Record
Jan 17, 2020
$1,300,000
Public Record