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1717 E Ocean Blvd, Newport Beach, CA 92661

Sale Price: $6,875,000
Jul 28, 20243,118 sqft4 beds5 baths
Listed by: Tara Foster Shapiro
License #: 01892201
Phone #: 949-438-4908
EQTY Forbes Global Properties
Source:
CRMLS Logo
MLS #: NP24154918

Property Description

A seamless blend of modern design and laid-back, Southern California style, this newer construction 4 bedroom, 5 bath home positioned just one house from the sand within the charming neighborhood of Balboa Peninsula Point affords a rarely available turn-key lifestyle opportunity at the beach. With interior appointments expertly designed by Denise Morrison of House of Morrison Interiors the residence speaks to both sophistication and comfort, engaging a palette of timeless stone, textured neutrals, and rich wood. Open plan living spaces flow from inside to the outdoors, with disappearing walls of glass unveiling tranquil patio spaces made for entertaining. Bespoke interior finishes include abundant wood ceiling detail, refined designer lighting, and the thoughtful implementation of handcrafted stone and tile. A stunning professional-grade kitchen commands attention with abundant storage and prep space, a separate butler’s pantry, and chic wet bar. Upstairs three guest bedroom areas (one currently used an an office) accompany the luxurious, hotel-like primary suite highlighted by soaring ceilings, a private terrace, walk-in dressing area with artisan millwork, and a dramatic spa bath with separate dressing vanity area. The ultimate destination for socializing, the grand rooftop deck enjoys peek-a-boo ocean views, covered and uncovered lounge areas, and is adjoined by a lofted media room/den with a wet bar and full bath. An attached two car garage, two laundry areas, and automated lighting, window, and AV systems complete this residence built with a focus on timeless, warm contemporary design. An opportunity to enjoy luxurious beach living and the amenities associated with the premier location of Balboa Peninsula Point.
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

$116,532

TurboHome Estimated Value

$7,459,400

$2,392 sqft

High Valuation
$7,832,370
$2512/sqft
Normal Valuation
$7,459,400
$2392/sqft
Low Valuation
$7,086,430
$2273/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2392/sqft$7,459,400

Neighborhood: Balboa Peninsula Point (BLPP)

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Comparative Value

$6.20M

$6.30M

$6.40M

$6.55M

$6.88M

$7.15M

1505 E Ocean Blvd, Newport Beach, CA 92661

Sale Price: $6,200,058

Selected Comparable

2036 E Ocean Blvd, Newport Beach, CA 92661

Sale Price: $6,299,000

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

1717 E Ocean Blvd, Newport Beach, CA 92661

Sale Price: $6,875,000

Selected Comparable

1717 E Ocean Blvd, Newport Beach, CA 92661

List Price: $7,150,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1717 E Ocean Blvd, Newport Beach, CA 92661

1717 E Ocean Blvd, Newport Beach, CA 92661

List: $7,150,000

Listed: 7/28/2024

Area:3,118 sqft
Price/sqft:$2,293
Beds:4
Baths:5
Year Built:
Lot Size:2,450

Comparable Properties

COMPARABLE
Choose comps
1752 Plaza Del Norte, Newport Beach, CA 92661

1752 Plaza Del Norte, Newport Beach, CA 92661

Sale: $6,400,000

2/21/20250.14 mi

Area:3,094 sqft
Price/sqft:$2,069
Beds:4
Baths:5
Year Built:
Weight:20.5%
2141 Seville Ave, Newport Beach, CA 92661

2141 Seville Ave, Newport Beach, CA 92661

Sale: $6,550,000

6/10/20250.29 mi

Area:3,318 sqft
Price/sqft:$1,974
Beds:4
Baths:5
Year Built:
Weight:20.4%
1717 E Ocean Blvd, Newport Beach, CA 92661

1717 E Ocean Blvd, Newport Beach, CA 92661

Sale: $6,875,000

10/8/20240.00 mi

Area:3,118 sqft
Price/sqft:$2,205
Beds:4
Baths:5
Year Built:
Weight:20.4%
2036 E Ocean Blvd, Newport Beach, CA 92661

2036 E Ocean Blvd, Newport Beach, CA 92661

Sale: $6,299,000

8/15/20240.16 mi

Area:3,072 sqft
Price/sqft:$2,050
Beds:4
Baths:5
Year Built:
Weight:19.5%
1505 E Ocean Blvd, Newport Beach, CA 92661

1505 E Ocean Blvd, Newport Beach, CA 92661

Sale: $6,200,058

11/4/20240.19 mi

Area:2,929 sqft
Price/sqft:$2,117
Beds:4
Baths:5
Year Built:
Weight:19.1%

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