Homes for sale - 1245 W Balboa Boulevard, Newport Beach, CA 92661

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Leo Peak

leo@leopeak.com +1(415) 816-1469

$ 4,199,000

Est. payment | -/mo

2 Beds

1 Bath

432 SqFt

Save

$ 4,199,000

Est. payment | -/mo

Save

2 Beds

1 Bath

432 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 432 sqft

Price per Sqft $9,719

MLS Listing ID CRNP25186509

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1924

Lot Size 3,184 Sqft

Acres 0.0731

Property Sub-Type Single Family Residence

Property Description

Ocean View Beach Cottage with Approved Plans for a Luxury Home on Balboa Peninsula Welcome to your dream property, just one row from the ocean with stunning views from the roof deck! This unique opportunity offers a charming beach cottage and a detached efficiency studio, perfect for immediate use or rental income. The property is located off a spacious 20-foot alley on a generous 31-foot wide by 102-foot-long lot, providing ample space and privacy. The beach cottage was completely remodeled in 2020, featuring new windows and a new roof, ensuring a comfortable and modern living experience. But the real gem of this property lies in its future potential. The owners have fully approved construction drawings from the City of Newport Beach, ready for a brand-new, three-story single-family dwelling. Imagine living in a luxurious new home designed with every modern convenience in mind. The new home design includes four spacious bedrooms, each with its own full bath, and two additional powder rooms for guests. The attached Accessory Dwelling Unit (ADU) offers its own entry and patio, perfect for extended family or rental income. The home also features a stunning three-story glass elevator, making every level easily accessible. With a total of 2,924 sq. ft. in the main house and an additi

Location

State CA

County Orange

Interior

Heating Baseboard

Cooling None

Fireplaces Type None

Fireplace No

Appliance Gas Range, Refrigerator, Gas Water Heater

Laundry Other

Exterior

Exterior Feature Front Yard

Pool None

Utilities Available Cable Connected, Natural Gas Connected

View Y/N false

View None

Handicap Access None

Total Parking Spaces 1

Private Pool false

Building

Lot Description Level, Other, Street Light(s), Storm Drain

Story 1

Level or Stories One Story

New Construction No

Schools

School District Newport-Mesa Unified

Others

Tax ID 04724102

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listed by Darwin Pearson • Pacific OC Properties

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(415) 816-1469

leo@leopeak.com

39899 Balentine Dr # 200, Newark, CA, 94560, United States

1245 W Balboa Boulevard Newport Beach, CA 92661