Sold
505 L Street sold on February 5, 2020 for $3,750,000, 6.1% below the $3,995,000 asking price after 456 days on the market; it was first listed at $4,295,000. The buyer paid cash. The details are below for reference.
505 L Street, Newport Beach, CA 92661
- 4 beds
- 6 baths
- 3,223 sq ft
- 3,523 sq ft lot
- Built 2018
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$3,750,000
Subdivision Balboa Peninsula Point
26 single-family homes sold in the past 12 months · median $4,575,000
The home
About 505 L Street
505 L Street is just a short walk from the bay and ocean in the exclusive Peninsula Point community of Newport Beach. This remarkable brand new construction boasts a contemporary European farmhouse feel on all three levels. This 4 bedroom, 5.5 bathroom home was just completed and spans over 3,200 sq.ft. Quality craftsmanship and attention to every detail can be seen throughout the home with premium Warren Christopher wire brushed, wide plank European Oak wood flooring, lovely Ann Sacks and Walker Zanger tile throughout and interior design by Serendipite Designs. The ideal open floor plan allows for carefree living or elegant entertaining: the main living area on the first floor includes a living room with fireplace, an open kitchen, dining area and main level guest suite. The gourmet kitchen is complete with quartzite countertops, a full height limestone backsplash, concrete farmhouse sink and professional grade appliances including a gorgeous La Cornue Cornufe 43” dual fuel range in Provence Blue with custom hood. The second level features a luxurious master retreat with balcony and spa-quality bath, two additional bedroom suites plus a bonus entertainment and office area. A spacious third floor California room with sunset view deck and full bath make this home the perfect beach house. A stone patio and two car garage with epoxy finish complete this incredible new construction opportunity by Rincon Homes.
Property details for 505 L Street
This 4-bedroom, 6-bath single-family home sits in the Balboa Peninsula Point neighborhood of Newport Beach in Orange County. It has 3,223 square feet of living space on a 3,523-square-foot lot. The home was built in 2018. The MLS record lists the assessor parcel number as 048-240-42. Highlights include city lights views, a fireplace, an attached two-car garage, central air, and new construction.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- NP18229167
- Year Built
- 2018
- Builder
- Rincon Homes, Inc.
- Living Area (sq ft)
- 3,223
- Lot Size (sq ft)
- 3,523
- Lot Size (acres)
- 0.0809
- Levels
- Three Or More
- Bedrooms
- 4
- Full Baths
- 5
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- City Lights
- Parcel Number
- 04824042
- On Market Date
- 2018-09-19
- Listing Terms
- Standard
Interior Features
- Interior Features
- Separate Formal Dining Room, Eat In Kitchen, Bedroom On Main Level, Walk In Pantry, Walk In Closets
- Appliances
- Six Burner Stove, Dishwasher, Disposal, Microwave, Refrigerator
- Flooring
- Wood
- Heating
- Forced Air
- Cooling
- Central Air
- Fireplace
- Living Room, Primary Bedroom
- Laundry
- Inside, Laundry Room
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Lot Features
- Zero To One Unit Acre
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula Point (BLPP)
- Community Features
- Curbs
The record
Property History for 505 L Street
| Date | Event | Price | Note |
|---|---|---|---|
| Feb 5, 2020 | Sold | $3,750,000 | |
| Sep 19, 2018 | Listed for sale | $4,295,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 505 L Street
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X, 0.2 percent annual chance flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0382K effective March 21, 2019. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.
- Liquefaction zone
Inside a Seismic Hazard Zone for liquefaction.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Tsunami hazard area
Inside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 3 of 4 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 4 of 4. Fixed wireless: T-Mobile, up to 25 Mbps, at 3 of 4.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628001019, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.8 miles away (5 Level 2 ports). 146 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
Looking for something similar
505 L Street is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 505 L Street
Thinking of selling nearby? We bring current Balboa Peninsula Point sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.
The neighborhood
About Newport Beach
Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.
Balboa Peninsula Point home sales, past 12 months
- Homes sold
- 26
- Median price
- $4,575,000
- Median days on market
- 13
- Median per sq ft
- $2,914
Recorded MLS closings of single-family homes, Nov 4, 2025 to Nov 4, 2026. Days on market run from listing to going under contract.
Recent Balboa Peninsula Point sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 2007 Miramar | Oct 29, 2026 | $4,850,000 | 2,408 | $2,014 | 0 |
| 449 M Street | Oct 29, 2026 | $3,800,000 | 1,174 | $3,237 | 12 |
| 2012 E Ocean Boulevard | Sep 28, 2026 | $3,650,000 | 1,643 | $2,222 | 8 |
| 503 L Street | Sep 22, 2026 | $6,600,000 | 3,148 | $2,097 | 93 |
| 1730 E Ocean Boulevard | Sep 18, 2026 | $4,200,000 | 2,100 | $2,000 | 110 |
See homes for sale in Balboa Peninsula Newport Beach housing market
Schools
School District for 505 L Street
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Newport Mesa Unified.
Living in Newport Beach covers its schools, parks and beaches.
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Listed by Kimberly Bibb of Villa Real Estate
Listing information updated Jun 27, 2026 at 8:14 AM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.