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1505 E Ocean Blvd, Newport Beach, CA 92661

Sale Price: $6,200,058
Sep 30, 20242,929 sqft4 beds5 baths
Listed by: Kimberly Bibb
License #: 01210754
Phone #: 949-554-1200
Pacific Sotheby's Int'l Realty
Source:
CRMLS Logo
MLS #: NP24195141

Property Description

Welcome to 1505 E Ocean Boulevard, a custom built home on Balboa Peninsula Point, where coastal elegance meets modern comfort. Just one house from the beach, this stunning 4-bedroom, 5-bathroom residence features a main-level bedroom, an inviting atrium off the dining room, and a spacious front patio creating a seamless flow for entertaining. The spacious master suite boasts a sitting area, deck, and his-and-hers closets, providing both luxury and functionality. Enjoy rare, unobstructed ocean views from the expansive rooftop deck and California room, perfect for relaxing under the stars or taking in the year-round sun. The large kitchen offers plenty of storage space with top of the line Thermador appliances and an inviting breakfast bar. A generous second floor laundry room and dumbwaiter that goes up to all three levels adds convenience and ease to everyday living. With a three-car garage and an outdoor shower, this exquisite home perfectly blends beachside charm and contemporary amenities!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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

$79,563

TurboHome Estimated Value

$5,949,600

$2,031 sqft

High Valuation
$6,247,080
$2133/sqft
Normal Valuation
$5,949,600
$2031/sqft
Low Valuation
$5,652,120
$1930/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2031/sqft$5,949,600

Neighborhood: Balboa Peninsula Point (BLPP)

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Comparative Value

$6.20M

$6.40M

$6.55M

$6.88M

$7.50M

1505 E Ocean Blvd, Newport Beach, CA 92661

Sale Price: $6,200,058

Selected Comparable

1752 Plaza Del Norte, Newport Beach, CA 92661

Sale Price: $6,400,000

Selected Comparable

2141 Seville Ave, Newport Beach, CA 92661

Sale Price: $6,550,000

Selected Comparable

1505 E Ocean Blvd, Newport Beach, CA 92661

List Price: $6,595,000

Subject Property

1717 E Ocean Blvd, Newport Beach, CA 92661

Sale Price: $6,875,000

Selected Comparable

117 G St, Newport Beach, CA 92661

Sale Price: $7,495,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1505 E Ocean Blvd, Newport Beach, CA 92661

1505 E Ocean Blvd, Newport Beach, CA 92661

List: $6,595,000

Listed: 9/30/2024

Area:2,929 sqft
Price/sqft:$2,252
Beds:4
Baths:5
Year Built:
Lot Size:2,450

Comparable Properties

COMPARABLE
Choose comps
1505 E Ocean Blvd, Newport Beach, CA 92661

1505 E Ocean Blvd, Newport Beach, CA 92661

Sale: $6,200,058

11/4/20240.00 mi

Area:2,929 sqft
Price/sqft:$2,117
Beds:4
Baths:5
Year Built:
Weight:21.0%
1752 Plaza Del Norte, Newport Beach, CA 92661

1752 Plaza Del Norte, Newport Beach, CA 92661

Sale: $6,400,000

2/21/20250.26 mi

Area:3,094 sqft
Price/sqft:$2,069
Beds:4
Baths:5
Year Built:
Weight:20.2%
1717 E Ocean Blvd, Newport Beach, CA 92661

1717 E Ocean Blvd, Newport Beach, CA 92661

Sale: $6,875,000

10/8/20240.19 mi

Area:3,118 sqft
Price/sqft:$2,205
Beds:4
Baths:5
Year Built:
Weight:19.6%
2141 Seville Ave, Newport Beach, CA 92661

2141 Seville Ave, Newport Beach, CA 92661

Sale: $6,550,000

6/10/20250.47 mi

Area:3,318 sqft
Price/sqft:$1,974
Beds:4
Baths:5
Year Built:
Weight:19.6%
117 G St, Newport Beach, CA 92661

117 G St, Newport Beach, CA 92661

Sale: $7,495,000

2/18/20250.03 mi

Area:2,488 sqft
Price/sqft:$3,012
Beds:4
Baths:5
Year Built:
Weight:19.6%

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