417 E Balboa Boulevard, Newport Beach, California 92661, Newport Beach, 92661 - 6 bed, 7 bath
417 E Balboa Boulevard
Newport Beach, California 92661
Property Price
SUMMARY
Analysis of 417 E Balboa Boulevard, Newport Beach, California 92661 is currently available with a list price of $5,495,000. 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.
The property consists of two high-end residences either newly constructed or remodeled from the studs in 2018. It features premium modern amenities including professional-grade Blue Star appliances, granite countertops, Italian porcelain and cherry walnut flooring, an elevator, and updated systems such as EV charging stations and whole-house water filtration, showing no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Newport Elementary School (9/10).
- Dual-Residence Versatility
The property features two distinct, high-end homes on a single lot, providing a rare opportunity for a multi-generational family compound or a high-yield dual-rental investment in a prime coastal market.
- Modern Infrastructure & Luxury Finishes
With one home remodeled from the studs and the other being newer construction, the units offer premium upgrades including an elevator, Blue Star professional appliances, EV charging stations, and whole-house water filtration.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3049, other record lot size in square feet = 2850. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3455, other record living area = 1914.
- High-Density Lot Coverage
With two substantial homes occupying a 3,049 sqft lot, there is very limited private yard or green space, which may deter buyers seeking traditional outdoor areas.
- Premium Investment Entry Point
The $5.495M price point places this duplex in a highly competitive luxury bracket where some buyers may prefer the privacy of a detached single-family residence over a multi-unit configuration.
About 417 E Balboa Boulevard
Two Wonderfully Designed Homes just steps to the Beach! 417 and 419 E. Balboa are on this Beautiful Lot. Absolutely Perfect Opportunity here on the Balboa Peninsula. Fantastic Family Compound and/or Prime Investment for Rental Income possibilities. Great multi-family homes to live in or rent out. First Home 417 remodeled from the studs up, is a Gorgeous Two Story, approx 1914 living sqft with 3 bedrooms (1st Floor Primary bed) plus a 4th extra room for bedroom, den or office, 2.5 Bathrooms, large living room and kitchen. This home has a full kitchen upstairs & the possibility of kitchen downstairs with living rooms (upstairs and downstairs), and can be perfect for multi-families as well. Custom Remodeling includes: Luxury Porcelain Tile and Cherry Walnut Wood floors, baseboards, Low E Vinyl Windows, Custom Panel Doors & Front Door, Fire Sprinklers, New Electrical and Plumbing, Recessed Lighting throughout, New Paint (inside and outside), whole house water softener system w/ Reverse Osmosis, Roof, Outside Patio Deck & Shower. Second Home 419 is newer construction. Just perfect with 3 levels, 1541 living sqft with elevator for easy access. 3 bedrooms, 3.5 bathrooms. Beautiful, Light & Bright! Gorgeous Open Views from the 3rd-floor living space, patio with fire pit and viewing deck, looking out to the ocean and Newport Beach’s Balboa Pier. With a Spacious Floorplan, the Living Area, with its custom fireplace, opens to the Kitchen & Dining. Beautiful, Elegant Custom work includes: Luxury Italian Porcelain Tile Flooring throughout the home, New Paint (inside/outside), Low E Vinyl Windows, Baseboards, Recessed Lighting, Custom Panel Doors & Hardware, Heating-A/C systems with ductwork, Whole-house water softener System w/ Reverse Osmosis & House Vacuum System. Large Gourmet Kitchen has Granite Counters Backsplash, Blue Star Professional 8 Burner Gas Range, Pantry, and plenty of storage cabinets. Elegant Master Bedroom Suite with Custom Fireplace and Master Bath with Relaxing Custom bubble massage tub. These are truly 2 unique homes. Wonderful Beach Living with patio decks for you to Enjoy Star Gazing and Quiet, Peaceful Times at the Beach. Additionally, there is a finished 4 Car Attached Garage with 2 charging stations (Tesla and Regular). This is a rare find here in Newport Beach, with 10 overnight Parking Permits available, walking distance to shopping, restaurants, beach trails, post office & biking. And close to award-winning schools. Welcome Home!!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 2018
- Lot Size
- 3,049 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 7 (7 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 • 1.0 mi
Horace Ensign Intermediate School
Grades 7-8 • 1.3 mi
Newport Harbor High School
Grades 9-12 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 6.0 | 50% |
| Baths | 7.0 | 2.0 | 67% |
| Square foot | 3,455 | 3,250 | 67% |
| Lot Size | 3,049 | 4,065 | 33% |
| Price | $5.50M | $5.50M | 50% |
| Price per sq ft | $1.6K | $1.6K | 50% |
| Built year | 2018 | 1948 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 275 | 33% |
Pricing History
Listed for Sale
Feb 24, 2026
$5,495,000
Initial Listing
Sold
Apr 22, 2009
$910,000
Public Record
Sold
Oct 25, 2007
$980,000
Public Record