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1025 W Balboa Blvd, Newport Beach, CA 92661

List Price: $30,000On Market FlagOn market
Apr 21, 20224,200 sqft4 beds6 baths
Listed by: Jason Jacobs
License #: 02108263
Phone #: 949-689-4200
Jim Jacobs Realty
Source:
CRMLS Logo
MLS #: NP22080710

Property Description

Spanning 3866 sqft. of living space with an additional 921 sqft. of covered and uncovered deck space, this brand new home sits one house back from the beach. On the first floor you can enjoy a seamless transition from the kitchen, into the living room and onto the patio for an open, indoor/outdoor experience. There is one bedroom on the first floor with a private bathroom. The kitchen comes equipped with high end appliances, plenty of counter space and a built in espresso machine for a wonderful culinary experience. Going up to the second floor, you'll find the office, three other bedrooms, each with their own baths and the primary suite. The large primary bedroom has a fire place, balcony, dual vanity, free standing tub and a multi-valve shower. On the third floor, you'll find and open roof deck with a fire pit along with an enclosed den area and a covered lounge area with a fire place and TV. This Luxury beach resort has air conditioning and comes fully furnished including some beach cruisers, surfboards, beach chairs, a ping-pong table and more. Pricing and availability is subject to change. 30 day minimum stay is required.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$310,470

TurboHome Estimated Value

$10,364,000

$2,468 sqft

High Valuation
$10,882,200
$2591/sqft
Normal Valuation
$10,364,000
$2468/sqft
Low Valuation
$9,845,800
$2344/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2468/sqft$10,364,000

Neighborhood: Balboa Peninsula (Residential) (BALP)

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Comparative Value

$30K

$7.10M

$8.55M

$12.85M

$13.50M

1025 W Balboa Blvd, Newport Beach, CA 92661

List Price: $30,000

Subject Property

612 Harbor Island Dr, Newport Beach, CA 92660

Sale Price: $7,100,000

Selected Comparable

208 Via Palermo, Newport Beach, CA 92663

Sale Price: $7,250,000

Selected Comparable

1110 Kings Rd, Newport Beach, CA 92663

Sale Price: $8,550,000

Selected Comparable

815 Via Lido Soud, Newport Beach, CA 92663

Sale Price: $12,850,000

Selected Comparable

624 Harbor Island Dr, Newport Beach, CA 92660

Sale Price: $13,500,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1025 W Balboa Blvd, Newport Beach, CA 92661

1025 W Balboa Blvd, Newport Beach, CA 92661

List: $30,000

Listed: 4/21/2022

Area:4,200 sqft
Price/sqft:$7
Beds:4
Baths:6
Year Built:
Lot Size:3,152

Comparable Properties

COMPARABLE
Choose comps
1110 Kings Rd, Newport Beach, CA 92663

1110 Kings Rd, Newport Beach, CA 92663

Sale: $8,550,000

7/30/20250.83 mi

Area:4,086 sqft
Price/sqft:$2,093
Beds:4
Baths:5
Year Built:
Weight:22.3%
624 Harbor Island Dr, Newport Beach, CA 92660

624 Harbor Island Dr, Newport Beach, CA 92660

Sale: $13,500,000

6/16/20250.98 mi

Area:4,359 sqft
Price/sqft:$3,097
Beds:5
Baths:6
Year Built:
Weight:19.9%
815 Via Lido Soud, Newport Beach, CA 92663

815 Via Lido Soud, Newport Beach, CA 92663

Sale: $12,850,000

5/15/20250.30 mi

Area:3,809 sqft
Price/sqft:$3,374
Beds:5
Baths:6
Year Built:
Weight:19.8%
208 Via Palermo, Newport Beach, CA 92663

208 Via Palermo, Newport Beach, CA 92663

Sale: $7,250,000

6/9/20250.46 mi

Area:4,669 sqft
Price/sqft:$1,553
Beds:5
Baths:6
Year Built:
Weight:19.2%
612 Harbor Island Dr, Newport Beach, CA 92660

612 Harbor Island Dr, Newport Beach, CA 92660

Sale: $7,100,000

7/17/20250.96 mi

Area:3,337 sqft
Price/sqft:$2,128
Beds:4
Baths:5
Year Built:
Weight:18.8%

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