Located past the last turnout on the boardwalk at Peninsula Point, this highly desired location is close enough to walk to many of the area's most desirable amenities yet also private and serene. The oversized lot affords this spacious and meticulously kept home featuring an "upside down" floor plan with living areas on both levels. Perfect for entertaining at the beach, it includes a family room opening to a large terrace on the beach level. Upstairs, there are vaulted ceilings and a fireplace in the very large, open-concept great room overlooking the coastline and ocean. The Catalina and sunset views are not to be missed. The home also includes a spacious master suite upstairs, two additional bedrooms with a bath downstairs, a guest bath, laundry room, and an amazing oversized garage with parking for three cars and over-height ceilings ideal for beach storage. The elevation change on the lot - which is a rarity among oceanfront properties in Newport - affords extra buildability which has been captured in this structure. This home is very well-kept and is ideal for those looking to personalize a home without having to build new. The location is excellent and is close to world-famous Wedge, the Balboa Pier, Balboa Island, and several neighborhood parks. The beach here is very deep and rarely attracts the crowds found elsewhere on the peninsula. This is an extraordinary opportunity for such a location, and priced attractively for the value-conscious buyer.
Property Details
Property Features
Property Information:
Year Built: 1972
Stories: 2
Living Area: 2,562 SqFt
Listing Office:
Office Name: Compass
Office Phone: (949) 933-7046
Listing Agent: Robert Giem
Interior Features
Interior Information:
Appliances: Double Oven, Refrigerator
Flooring Type: Carpet, Wood
Interior: Balcony, Eat-in Kitchen, Pantry, Bedroom on Main Level
Fireplace: Family Room, Living Room
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Beach, Ocean Access
View: Island, Ocean, Water
Parking Information:
Garage Space: 3 spaces
Attached Garage: Yes
Parking: Garage
Lot Features
Lot Information:
Lot Size: 0.06 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: E Coast Hwy - R onto Newport Blvd toward Balboa Peninsula
Price Information
Listing Price Info
Price Summary:
List Price: $8,000,000
Price Per SqFt: $3,123/SqFt
Tax Information:
Annual Amount: $10,802
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $4.5M more than the Median Sold Price and $1.6K/SqFt more than other homes in Newport Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #NP24195328
Listing Office:
Office Name: Compass
Office Phone: (949) 933-7046
Listing Agent: Robert Giem
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 3:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$10,802
$992,045
2020
$10,697
$981,873
2019
$10,273
$962,621
2018
$10,273
$943,747
2017
$10,092
$925,243
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Harbor View Elementary School
900 Goldenrod Ave
Distance between this listing and this school1.38 miles
Public District Grades KG-6
8
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school1.54 miles
Public District Grades KG-6
8
/10
Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school2.00 miles
Public District Grades KG-6
Nearby Schools
8
/10
Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.95 miles
Public District Grades 7-8
9
/10
Vista Verde K - 8 School
6 Federation Way
Distance between this listing and this school4.33 miles
Public District Grades KG-8
7
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school6.12 miles
Public District Grades 6-8
Nearby Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school2.02 miles
Public District Grades 9-12
8
/10
Corona Del Mar Middle and High School
2101 Eastbluff Dr
Distance between this listing and this school2.55 miles
Public District Grades 7-12
10
/10
Early College High School
2990 Mesa Verde Dr E
Distance between this listing and this school3.75 miles
The neighbors living near this home have an average income of $133,019. Residents of Newport Beach, CA typically earn $200k+ each year. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1303 E Balboa Blvd
What is the listing price of this property?
The listing price of 1303 E Balboa Blvd property is $8,000,000.
What type of property is this?
The property 1303 E Balboa Blvd is a house located in Newport Beach, California, 92661.
Is this property for sale now?
Active Listing: 1303 E Balboa Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $10,802 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1303 E Balboa Blvd has 3 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 1303 E Balboa Blvd is 2,562 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1303 E Balboa Blvd is 1972.
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This home is located at 1303 E Balboa Blvd in Newport Beach, CA and zip code 92661 in the Balboa Peninsula neighborhood. This 2,562 square foot home, which was built in 1972, sits on a 0.06 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $8,000,000.
In November 2024 more than 9 listings in Newport Beach, CA were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 48 were sold below. Between October 2024 and November 2024, Newport Beach, CA real estate market has seen decrease in the number of listings by 2.5%. While the average time on the market in November 2024 was 43 days, the median list price was $3,500,000.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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