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2004 E Ocean Blvd, Newport Beach, CA 92661

Sale Price: $3,500,000
Sep 19, 20241,176 sqft3 beds2 baths
Listed by: Claire Namdar
License #: 01351990
Phone #: 949-438-4340
Compass
Source:
CRMLS Logo
MLS #: NP24193481

Property Description

Loved by the same family for over 60 years, this warm and inviting 1950's "Balboa Charmer" home is in pristine condition and could be your perfect beach cottage retreat! Located in the highly-coveted & picturesque Peninsula Point neighborhood of the Balboa Peninsula, the 3-bd/2-ba home is on the sunny side of the street, one lot in from the corner and only two lots away from the crashing waves of the ocean. Step inside to find original hardwood floors throughout, high wood-beamed ceilings, diamond casement windows, and a warm & welcoming fireplace. The bright, updated kitchen features maple cabinetry, stainless steel appliances, granite counters and plenty of windows to flood the space with natural light. Three spacious bedrooms with large closets feature wood floors, ceiling fans and custom shutters. An oversized two-car attached garage conveniently leads directly into the home and provides ample storage. The outdoor patio is a true highlight, with a south facing brick lined entertainer's space that includes a sitting area, dining area and firepit area—perfect for entertaining or simply relaxing to enjoy sunsets & the ocean breeze. Peninsula Point, located at the very end of the 4-mile Balboa Peninsula, is a historic beach enclave known for its enchanting tree-lined streets, relative quiet setting with long-term residents, and proximity to the harbor entrance and famous Wedge. Residents here are able to join the Balboa Peninsula Racquet Club as well as the voluntary Balboa Peninsula Point Association, which just celebrated 75 years, and offers resident members access to gated bay beach and multiple community activities throughout the year.
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

$58,824

TurboHome Estimated Value

$3,758,300

$3,196 sqft

High Valuation
$3,946,215
$3356/sqft
Normal Valuation
$3,758,300
$3196/sqft
Low Valuation
$3,570,385
$3036/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$3196/sqft$3,758,300

Neighborhood: Balboa Peninsula Point (BLPP)

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Comparative Value

$2.75M

$2.90M

$3.50M

$5.20M

303 Onyx Ave, Newport Beach, CA 92662

Sale Price: $2,750,000

Selected Comparable

711 Goldenrod Ave, Corona Del Mar, CA 92625

Sale Price: $2,900,000

Selected Comparable

604 Marguerite Ave, Corona Del Mar, CA 92625

Sale Price: $2,950,000

Selected Comparable

2004 E Ocean Blvd, Newport Beach, CA 92661

Sale Price: $3,500,000

Selected Comparable

2004 E Ocean Blvd, Newport Beach, CA 92661

List Price: $3,595,000

Subject Property

1309 E Balboa Blvd, Newport Beach, CA 92661

Sale Price: $5,200,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
2004 E Ocean Blvd, Newport Beach, CA 92661

2004 E Ocean Blvd, Newport Beach, CA 92661

List: $3,595,000

Listed: 9/19/2024

Area:1,176 sqft
Price/sqft:$3,057
Beds:3
Baths:2
Year Built:
Lot Size:2,625

Comparable Properties

COMPARABLE
Choose comps
2004 E Ocean Blvd, Newport Beach, CA 92661

2004 E Ocean Blvd, Newport Beach, CA 92661

Sale: $3,500,000

11/27/20240.00 mi

Area:1,176 sqft
Price/sqft:$2,976
Beds:3
Baths:2
Year Built:
Weight:23.8%
1309 E Balboa Blvd, Newport Beach, CA 92661

1309 E Balboa Blvd, Newport Beach, CA 92661

Sale: $5,200,000

4/1/20250.41 mi

Area:1,316 sqft
Price/sqft:$3,951
Beds:3
Baths:2
Year Built:
Weight:21.6%
604 Marguerite Ave, Corona Del Mar, CA 92625

604 Marguerite Ave, Corona Del Mar, CA 92625

Sale: $2,950,000

8/6/20251.02 mi

Area:1,250 sqft
Price/sqft:$2,360
Beds:4
Baths:2
Year Built:
Weight:18.7%
303 Onyx Ave, Newport Beach, CA 92662

303 Onyx Ave, Newport Beach, CA 92662

Sale: $2,750,000

4/8/20250.76 mi

Area:1,144 sqft
Price/sqft:$2,404
Beds:2
Baths:2
Year Built:
Weight:18.2%
711 Goldenrod Ave, Corona Del Mar, CA 92625

711 Goldenrod Ave, Corona Del Mar, CA 92625

Sale: $2,900,000

7/14/20250.91 mi

Area:945 sqft
Price/sqft:$3,069
Beds:3
Baths:1
Year Built:
Weight:17.7%

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