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1324 East Balboa Boulevard, Newport Beach, CA 92661

$25.00M5bd · 6ba · 5,453 sqft
Lot 7,424 sqft•Single Family Residence•
Active
•112d on market•MLS# NP-26147797

Property Description

Framed by panoramic sapphire views and the effortless beauty of Newport Harbor, this idyllic coastal residence captures the essence of refined bayfront living on Peninsula Point. Custom designed by Brandon Architects and completed in 2017 by premier homebuilder Spinnaker Development, the home blends clean architectural lines, generous scale, and modern amenities with a soft, sophisticated coastal palette. Throughout the residence, curated finishes and thoughtful details create a sense of understated luxury, from the glass-enclosed walk-in wine room and custom cabinetry to coffered ceilings, an expansive laundry room with built-in dog bath, and beautifully executed stone, marble, and tilework. Positioned to embrace sweeping bay views and peaceful morning sunrises, the opulent primary suite offers a private balcony and a serene retreat above the water. Three additional oversized bedroom suites, an office, and an attached four-car garage provide exceptional accommodations for everyday living, while an interior courtyard with a private pool, spa, and water feature introduces a resort-like sense of privacy and calm. Designed for effortless entertaining, the layout features an adjacent billiard or bonus room with wet bar, a chef’s kitchen, and a gracious great room that opens to a loggia directly on the sand. Disappearing doors dissolve the boundary between indoors and out, opening the entire first floor to the interior courtyard and bayfront beach beyond. Set on one of the largest bayfront parcels on Peninsula Point, this Cape Cod-inspired residence occupies a 7,424-square-foot corner lot, approximately three times the size of a standard bayfront lot, with only one neighboring property to the west. Along the water, an expansive private bay beach and dock front one of the widest stretches of Newport Bay, offering premier views of summer yacht club races, the annual holiday boat parade, and the daily rhythm of harbor life. Approved for up to a 55-foot boat, the dock enhances an already rare waterfront lifestyle, with ample space to sink your toes in the sand, take a quick dip in the bay, launch a paddleboard, or sail away the day. Side-gate access offers convenient proximity to the ocean beach, with an outdoor shower and spa upon return. Moments from Balboa Village, luxury retail, fine dining, and world-class beaches, this exceptional offering presents a tremendous opportunity to experience the finest in bayfront living and the coveted Newport Beach lifestyle.

Features & Amenities

FeeBuilt 2017

Property Details

Land Type
Fee
Year Built
2017
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
4
Heating
Central
Cooling
Central Air
View
Bay, Ocean
Flooring
Wood
Roof
Shingle, Wood
City
Newport Beach
Zip Code
92661
County
Orange
Listed byColdwell Banker Realty, Tim Smith

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$126,388.32
Principal & Interest
Loan Amount
$19,996,000
Total Interest
$25,503,796
Total Payment Over 30 Years
$45,499,796
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

1324 East Balboa Boulevard, Newport Beach, CA 92661

Newport Beach · Single Family Residence

$25.00M
Luxury Tier
Beds
5
Baths
6
Sqft
5,453
Lot
7,424 sqft
Year
2017
$/Sqft
$4584
Pool: Yes✓
Spa: Yes✓
View: water✓
Garage: 4-car✓

Listed 6.7% below the median closed sale of $26,800,000. Price per sqft ($4,584) is a 20% discount to closed comps ($5,727). Closed comps sold at 260% of list — strong seller's market. Expect a longer timeline — comps averaged 223 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $25.00M· $4,584/sqft
Total list price
Closed comps
vs closed median $26.80M
−$1.80M (−6.7%)
Active comps
vs active median $27.00M
−$2.00M (−7.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $4,403
+$181 (+4.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4521 OrringtonNewport Beach2027577,72411,070$3,495$27.00M8660
12 Harbor IslandNewport Beach2006344,6845,600$4,909$23.00M5960
4521 Fairfield DriveCorona del Mar2028588,09511,730$3,459$28.00M5958
1201 Dolphin TerraceCorona del Mar2022587,73512,780$3,490$27.00M12355
2572 Bayshore DriveNewport Beach1976543,7458,601$6,662$24.95M7348
Total: 5 · Average4.66.26,396.69,956.2$4,403$25.99M80
Median7,724$27.00M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1510 OceanfrontNewport Beach200106/23/20267117,0837,560$25.00M$24.50M$3,4590.9835668
2116 Balboa BoulevardNewport Beach197208/31/2026455,62410,752$29.50M$26.80M$4,7650.9114457
805 BayNewport Beach193908/05/2026431,9432,640$3.00M$28.00M$14,4119.3310036
24 FairwayNewport Coast200604/07/2026698,83419,166$32.80M$28.50M$3,2260.878331
5 Pelican Vista DriveNewport Coast200509/22/2026468,17626,092$25.00M$22.70M$2,7760.9143129
Total: 5 · Average5.06.86,33213,242$26.10M$26.10M$5,727.4—222.8
Median7,083$26.80M$26.80M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.