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1324 E Balboa Blvd, Newport Beach, CA 92661

List Price: $29,750,000On Market FlagOn market
Jun 2, 20255,453 sqft5 beds5 baths
Listed by: Ron Millar
License #: 01191748
Phone #: 949-673-7600
Arbor Real Estate
Source:
CRMLS Logo
MLS #: NP25098388

Property Description

Exquisite panoramic sapphire views are on display from almost every room in this idyllic coastal home. Custom designed by Brandon Architects and completed in 2017 by premier homebuilder Spinnaker Development, this immaculate property has a spacious open floor plan, clean lines, and modern amenities. The luxury residence has a soothing neutral palette of colors and custom finishes throughout, including: a walk-in wine room highlighted with glass walls; custom cabinetry; coffered ceilings; an expansive laundry room with built-in dog bath; and beautiful stone, marble and tile work. The opulent primary suite with balcony has a prominent location highlighting sweeping views of the bay and the peaceful morning sunrise. Three additional oversized bedroom suites, an office, and an attached four-car garage provide spacious accommodations for daily living, while an interior courtyard with a private pool, spa, and water feature, an adjacent billiard or bonus room with a wet bar, a chef’s kitchen, and a great room opening to a loggia on the sand, all provide the ideal backdrop for relaxing with family and friends. Disappearing doors open up the entire first floor of the home to the interior courtyard and the beach. This exceptional Cape Cod inspired home sits on one of the largest bayfront lots on Peninsula Point at 7,424 square feet, a corner lot approximately three times the standard bayfront lot, and has only one neighbor to the west. Its expansive private bay beach and dock fronts the largest width of Newport Bay, providing premium views of summer yacht club races through the harbor and the annual holiday boat parade, as well as ample space to sink your toes in the sand, cool off with a quick dip in the bay, take out a paddleboard, or sail away the day. The dock is approved for up to a 55 foot boat. This is a tremendous opportunity to enjoy the finest in bayfront living and the coveted Newport Beach lifestyle in close proximity to Balboa Village, luxury retail, fine dining, and world-class beaches.
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

$5,709

TurboHome Estimated Value

$15,065,300

$2,763 sqft

High Valuation
$15,818,565
$2901/sqft
Normal Valuation
$15,065,300
$2763/sqft
Low Valuation
$14,312,035
$2625/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2763/sqft$15,065,300

Neighborhood

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Comparative Value

$10.30M

$13.30M

$14.70M

$17.00M

$29.75M

235 Poppy Ave, Corona Del Mar, CA 92625

Sale Price: $10,300,000

Selected Comparable

1927 Bayside Dr, Corona Del Mar, CA 92625

Sale Price: $13,300,000

Selected Comparable

624 Harbor Island Dr, Newport Beach, CA 92660

Sale Price: $13,500,000

Selected Comparable

2152 E Oceanfront, Newport Beach, CA 92661

Sale Price: $14,700,000

Selected Comparable

2701 Shell St, Corona Del Mar, CA 92625

Sale Price: $17,000,000

Selected Comparable

1324 E Balboa Blvd, Newport Beach, CA 92661

List Price: $29,750,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1324 E Balboa Blvd, Newport Beach, CA 92661

1324 E Balboa Blvd, Newport Beach, CA 92661

List: $29,750,000

Listed: 6/2/2025

Area:5,453 sqft
Price/sqft:$5,456
Beds:5
Baths:5
Year Built:
Lot Size:7,424

Comparable Properties

COMPARABLE
Choose comps
235 Poppy Ave, Corona Del Mar, CA 92625

235 Poppy Ave, Corona Del Mar, CA 92625

Sale: $10,300,000

6/30/20251.41 mi

Area:4,500 sqft
Price/sqft:$2,289
Beds:5
Baths:5
Year Built:
Weight:23.6%
2701 Shell St, Corona Del Mar, CA 92625

2701 Shell St, Corona Del Mar, CA 92625

Sale: $17,000,000

5/5/20250.79 mi

Area:5,276 sqft
Price/sqft:$3,222
Beds:5
Baths:6
Year Built:
Weight:23.4%
624 Harbor Island Dr, Newport Beach, CA 92660

624 Harbor Island Dr, Newport Beach, CA 92660

Sale: $13,500,000

6/16/20250.91 mi

Area:4,359 sqft
Price/sqft:$3,097
Beds:5
Baths:6
Year Built:
Weight:20.6%
1927 Bayside Dr, Corona Del Mar, CA 92625

1927 Bayside Dr, Corona Del Mar, CA 92625

Sale: $13,300,000

12/16/20240.58 mi

Area:4,707 sqft
Price/sqft:$2,826
Beds:4
Baths:5
Year Built:
Weight:18.7%
2152 E Oceanfront, Newport Beach, CA 92661

2152 E Oceanfront, Newport Beach, CA 92661

Sale: $14,700,000

10/9/20240.58 mi

Area:4,229 sqft
Price/sqft:$3,476
Beds:4
Baths:6
Year Built:
Weight:13.7%

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