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1008 E Balboa Blvd, Newport Beach, CA 92661

List Price: $35,000On Market FlagOn market
Apr 15, 20253,413 sqft3 beds4 baths
Listed by: Tyler Van Twist
License #: 02109040
Phone #: 702-315-0223
IS Luxury of California
Source:
CRMLS Logo
MLS #: OC25081846

Property Description

Live the Bayfront Dream in Newport Beach! Wake up every day to the soothing sounds of the water and the sunshine dancing across the bay—welcome to your ultimate coastal escape! This stunning 3-bedroom, 4-bathroom home is perched right on the bay in beautiful Newport Beach and offers 3,400 square feet of modern, sun-soaked living.bDesigned with both relaxation and entertaining in mind, this spacious retreat features large windows that flood the home with natural light and frame peaceful water views from nearly every room. Slide open the doors and step out onto your private sun deck—complete with tables and chairs, a BBQ grill, and plenty of room to lounge, dine, and entertain as the boats glide by. Calling all boating lovers! A private dock awaits you, with room for two vessels between 25 to 35 feet—just imagine the sunset cruises and weekend adventures! Inside, you’ll find sleek, modern finishes, an open-concept layout, and stylish, comfortable furnishings (or bring your own to make it feel like home). Whether you're hosting friends or enjoying a quiet night in, this space adapts perfectly to your lifestyle. Want to explore the area? You're just steps away from everything the Newport Peninsula has to offer: biking along the coast, shopping at Lido Marina Village, riding the Balboa Ferry, and making memories at the Balboa Fun Zone. Plus, the beach is practically your backyard. With a secure front gate, a roomy two-car garage, and a location that’s truly second to none, this is your chance to experience the California dream—whether for a summer escape or year-round luxury living. Don’t miss out on this rare bayfront lease opportunity—paradise is calling!
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

$228,024

TurboHome Estimated Value

$7,618,300

$2,232 sqft

High Valuation
$7,999,215
$2344/sqft
Normal Valuation
$7,618,300
$2232/sqft
Low Valuation
$7,237,385
$2121/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2232/sqft$7,618,300

Neighborhood

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Comparative Value

$35K

$4.70M

$7.78M

$8.40M

$9.10M

1008 E Balboa Blvd, Newport Beach, CA 92661

List Price: $35,000

Subject Property

320 Apolena Ave, Newport Beach, CA 92662

Sale Price: $4,700,000

Selected Comparable

425 Belvue Ln, Newport Beach, CA 92661

Sale Price: $5,000,000

Selected Comparable

1214 E Balboa Blvd, Newport Beach, CA 92661

Sale Price: $7,780,000

Selected Comparable

712 Harbor Island Dr, Newport Beach, CA 92660

Sale Price: $8,400,000

Selected Comparable

401 N Bay Front, Newport Beach, CA 92662

Sale Price: $9,100,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1008 E Balboa Blvd, Newport Beach, CA 92661

1008 E Balboa Blvd, Newport Beach, CA 92661

List: $35,000

Listed: 4/15/2025

Area:3,413 sqft
Price/sqft:$10
Beds:3
Baths:4
Year Built:
Lot Size:2,490

Comparable Properties

COMPARABLE
Choose comps
425 Belvue Ln, Newport Beach, CA 92661

425 Belvue Ln, Newport Beach, CA 92661

Sale: $5,000,000

1/10/20250.66 mi

Area:3,305 sqft
Price/sqft:$1,513
Beds:3
Baths:4
Year Built:
Weight:23.5%
320 Apolena Ave, Newport Beach, CA 92662

320 Apolena Ave, Newport Beach, CA 92662

Sale: $4,700,000

12/30/20240.55 mi

Area:2,670 sqft
Price/sqft:$1,760
Beds:3
Baths:4
Year Built:
Weight:20.4%
401 N Bay Front, Newport Beach, CA 92662

401 N Bay Front, Newport Beach, CA 92662

Sale: $9,100,000

11/6/20240.49 mi

Area:2,645 sqft
Price/sqft:$3,440
Beds:3
Baths:4
Year Built:
Weight:20.0%
1214 E Balboa Blvd, Newport Beach, CA 92661

1214 E Balboa Blvd, Newport Beach, CA 92661

Sale: $7,780,000

6/6/20250.20 mi

Area:2,672 sqft
Price/sqft:$2,912
Beds:4
Baths:4
Year Built:
Weight:18.7%
712 Harbor Island Dr, Newport Beach, CA 92660

712 Harbor Island Dr, Newport Beach, CA 92660

Sale: $8,400,000

4/14/20250.70 mi

Area:4,347 sqft
Price/sqft:$1,932
Beds:3
Baths:5
Year Built:
Weight:17.4%

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