1245 W Balboa Bld, Newport Beach, CA 92661
$3,679,000 Mortgage Calculator Active Single Family Residence
Property Details
About this Property
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 a
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MLS Listing Information
MLS #
CRNP24127815
MLS Source
California Regional MLS
Days on Site
282
Interior Features
Bedrooms
Ground Floor Bedroom
Kitchen
Other
Appliances
Garbage Disposal, Microwave, Other, Oven Range, Oven Range - Gas, Refrigerator
Fireplace
None
Laundry
Other
Cooling
None
Heating
Baseboard
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Common Parking Area, Off-Street Parking, Parking Area, Garage: 0 Car(s)
Elementary District
Newport-Mesa Unified
High School District
Newport-Mesa Unified
HOA Fee
$0
Zoning
R2
School Ratings
Nearby Schools
| Schools | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Newport Elementary School | public | K-6 | 0.07 mi | |
| Horace Ensign Intermediate School | public | 7-8 | 0.90 mi | |
| Newport Harbor High School | public | 9-12 | 1.20 mi | |
| Newport Heights Elementary School | public | K-6 | 1.47 mi | |
| Mariners Elementary School | public | K-6 | 1.96 mi | |
| Woodland Elementary School | public | KG,1,2 | 2.60 mi | N/A |
| Whittier Elementary School | public | K-6 | 2.72 mi | |
| Heinz Kaiser Elementary School | public | 3,4,5,6 | 2.85 mi | |
| Newport-Mesa Adult | public | UG | 3.03 mi | N/A |
| Corona Del Mar High School | public | 7-12 | 3.03 mi | |
| Everett A. Rea Elementary School | public | K-6 | 3.08 mi | |
| Pomona Elementary School | public | K-6 | 3.11 mi | |
| Eastbluff Elementary School | public | K-6 | 3.25 mi | |
| Victoria Elementary School | public | K-6 | 3.45 mi | |
| Wilson Elementary School | public | K-6 | 3.56 mi | |
| Roy O. Andersen Elementary School | public | K-6 | 3.65 mi | |
| Monte Vista High School | public | K-12 | 3.67 mi | |
| Back Bay High School | public | 9-12 | 3.67 mi | |
| College Park Elementary School | public | K-6 | 3.79 mi | |
| John H. Eader Elementary School | public | K-5 | 3.80 mi |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1245 W Balboa Bld is a Single Family Residence in Newport Beach, CA 92661. This 432 square foot property sits on a 3,184 Sq Ft Lot and features 2 bedrooms & 2 full bathrooms. It is currently priced at $3,679,000 and was built in 1924. This address can also be written as 1245 W Balboa Bld, Newport Beach, CA 92661.
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This listing information is up-to-date as of March 28, 2025. For the most current information, please contact Darwin Pearson, (949) 631-9015
