Newport Beach, CA 92661,1025 E Balboa BLVD
Newport Beach, CA 92661,1025 E Balboa BLVD
Newport Beach, CA 92661,1025 E Balboa BLVD
Newport Beach, CA 92661,1025 E Balboa BLVD
Newport Beach, CA 92661,1025 E Balboa BLVD
Newport Beach, CA 92661,1025 E Balboa BLVD
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$6,800,000

$7,195,000

5.5%
Est.Price: ?

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Est. payment /mo

2,613 Sqft Lot


SOLD DATE : 05/26/2021

Key Details

Sold Price $6,800,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP20242430

Sold Date 05/26/21

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1997

Lot Size 2,613 Sqft

Property Description

Displaying arguably some of the best views along the boardwalk this light-filled, corner oceanfront home on Balboa Peninsula captures inspiring panoramic vistas up and down the coastline, as well as spectacular views of the bay front from the third floor solarium and deck. Zoned R2 with a short- term rental permit in place and a noteworthy vacation rental history this turn-key, fully furnished property holds endless possibilities. With a comfortable floor plan ideally suited for easy entertaining and casual beachfront living the four bedroom/four bath home benefits from the privacy afforded by its very unique elevated corner lot orientation. Stunning sit down views can be enjoyed from the living, dining and kitchen areas. The residence enters on grade - without any stairs - and boasts a desirable entry level, en-suite bed and bath, sauna, library, and 700 bottle, temperature-controlled wine cellar. A custom designed residential elevator provides easy access to all three levels of the home. The third floor master suite revels in captivating white water views and romantic Catalina sunsets. A newly completed veranda room with adjoining terrace offers exceptional views of Newport Harbor and the twinkling city lights beyond. Live the beach lifestyle. Enjoy al fresco dinners on your oceanfront patio. Take a stroll to the Balboa Island ferry, and myriad local shops and restaurants. Tool around Balboa in the golf cart that is included. It is vacation everyday!

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Interior Features Balcony, Crown Molding, Elevator, Granite Counters, Open Floorplan, Pantry, Stone Counters, Bedroom on Main Level, Entrance Foyer, Walk-In Pantry, Wine Cellar, Walk-In Closet(s)

Heating Central, Forced Air, Natural Gas, Zoned

Cooling Central Air, Zoned

Flooring Carpet, Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance 6 Burner Stove, Built-In Range, Convection Oven, Double Oven, Dishwasher, Freezer, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Water Softener, Trash Compactor, Tankless Water Heater, Water Purifier, Dryer, Washer

Laundry Inside

Exterior

Garage Direct Access, Door-Single, Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Fishing, Storm Drain(s), Street Lights, Sidewalks, Urban, Water Sports

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Waterfront Description Beach Front,Navigable Water,Ocean Access,Ocean Front

View Y/N Yes

View Bay, Catalina, City Lights, Coastline, Hills, Neighborhood, Ocean, Panoramic, Pier, Water

Accessibility See Remarks

Total Parking Spaces 3

Private Pool No

Building

Lot Description Corner Lot

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 04814412

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tara Foster Shapiro • Pacific Sotheby's Int'l Realty
Bought with Mike Nava • Zutila, Inc
Amin Zarif

Real Estate Agent & Loan Officer | License ID: 02076931

+1(949) 226-1789 | realestateaminzarif@gmail.com

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