Located a few doors beyond the last turnout on the boardwalk, and in the Peninsula Point neighborhood, this oceanfront cottage is coming to the market for the first time in several decades. This incredibly desirable location opens to one of the widest and least traveled of all Newport beaches. Great for swimming, sunning, long walks, and relaxing away from the masses, owners here live a privileged life at the shore. The views from this property are scintillating and include panoramas of the beaches looking west to Catalina Island and beyond. Dreamlike, colorful sunsets are ever-present. This location is also steps to the bay, the Wedge, and all of the amenities of the central and east peninsula. The original peninsula cottage here was first built circa 1915. This existing New England style cottage is an ideal candidate for a full-scale restoration. Alternatively, one can build a new home here that takes full advantage of the oversized lot, sizable oceanfront terrace, and gently sloping topography which enables a larger and more favorable building envelope than other Newport Beach oceanfront parcels. Cherished as a seaside escape by the same family since the 1970's, it is time for this property to find new owners to enjoy it for many decades to come.
Property Details
Property Features
Property Information:
Year Built: 1916
Stories: 2
Living Area: 1,316 SqFt
Listing Office:
Office Name: Compass
Office Phone: (949) 933-7046
Listing Agent: Robert Giem
Interior Features
Interior Information:
Appliances: Dishwasher, Gas Cooktop, Gas Oven, Refrigerator
Flooring Type: Carpet, Tile
Interior: Bedroom on Main Level
Fireplace: None
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Beach, Ocean Access, Ocean Front
View: Ocean, Water
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Parking: Driveway, Garage
Lot Features
Lot Information:
Lot Size: 0.06 Acres
Utilities
Utilities Information:
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: $6,650,000
Price Per SqFt: $5,053/SqFt
Tax Information:
Annual Amount: $16,693
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $3.1M more than the Median Sold Price and $3.6K/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: #NP24222779
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: 11/22/2024, 4:20:50 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
$16,693
$1,552,019
2020
$16,533
$1,536,105
2019
$15,871
$1,505,986
2018
$15,871
$1,476,457
2017
$15,591
$1,447,507
History based on county public records data.
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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 school1.36 miles
Public District Grades KG-6
8
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school1.56 miles
Public District Grades KG-6
8
/10
Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school1.99 miles
Public District Grades KG-6
Nearby Schools
8
/10
Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.96 miles
Public District Grades 7-8
9
/10
Vista Verde K - 8 School
6 Federation Way
Distance between this listing and this school4.31 miles
Public District Grades KG-8
7
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school6.13 miles
Public District Grades 6-8
Nearby Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school2.03 miles
Public District Grades 9-12
8
/10
Corona Del Mar Middle and High School
2101 Eastbluff Dr
Distance between this listing and this school2.54 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. Typical income of Newport Beach, CA residents is $200k+ annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1309 E Balboa Blvd
What is the listing price of this property?
The listing price of 1309 E Balboa Blvd property is $6,650,000.
What type of property is this?
The property 1309 E Balboa Blvd is a house located in Newport Beach, California, 92661.
Is this property for sale now?
Active Listing: 1309 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 $16,693 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1309 E Balboa Blvd has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 1309 E Balboa Blvd is 1,316 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1309 E Balboa Blvd is 1916.
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This home is located at 1309 E Balboa Blvd in Newport Beach, CA and zip code 92661 in the Balboa Peninsula neighborhood. This 1,316 square foot home, which was built in 1916, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $6,650,000.
While more than 6 listings in Newport Beach, CA in October 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 52 were sold below. The number of listings in Newport Beach, CA increased by 2.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 50 days, the median list price was $3,475,000.
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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