Sold
507 L Street sold on March 16, 2021 for $4,650,000, 2.6% below the $4,775,000 asking price after 14 days on the market. The buyer paid cash. The details are below for reference.
507 L Street, Newport Beach, CA 92661
- 4 beds
- 5 baths
- 3,256 sq ft
- 3,615 sq ft lot
- Built 2019
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$4,650,000
Subdivision Balboa Peninsula Point
26 single-family homes sold in the past 12 months · median $4,575,000
The home
About 507 L Street
Form and function unite in this stunning Modern Traditionalist approach to a classic California Cape Cod, as conceived by noteworthy architect Brad Smith. With exceptional thought to timeless interior appointments the four bedroom plus den, five bath layout of 3,256 SFT lends itself to a relaxed and welcoming beach lifestyle. Striking bespoke fixtures, interior brickwork, and Warren Christopher European Oak floors ground the home’s amicable palette and convey enduring style. Great room living, dining and kitchen spaces progress seamlessly to a large sunny terrace perfect for al fresco dining and entertaining. The professional-grade kitchen is highlighted by a La Cornue range, Sub-Zero and Wolf appliances, an adjacent butler’s pantry/prep area, and a temperature controlled walk-in wine cellar. Ascending the second level the expansive master retreat opens to a private terrace and is appointed with his and hers walk-in dressing areas, custom millwork, a fireplace, and a stunning spa bath with steeping tub, walk-in shower and Calcutta marble vanity. Two additional guest suites and a separate office/den complete the second level. The third floor California room with adjacent full bath makes for a wonderful entertaining area and opens to a roof top terrace with abundant views of the harbor and city lights at night. Sited one home from the bay on a large corner lot of 3615 SFT additional features include a first floor guest suite, mudroom/laundry and elevator servicing all levels.
Property details for 507 L Street
This 4-bedroom, 5-bath single-family home sits in the Balboa Peninsula Point neighborhood of Newport Beach in Orange County. It has 3,256 square feet of living space on a 3,615-square-foot lot. The home was built in 2019. The MLS record lists the assessor parcel number as 048-240-50. Highlights include bay and city lights views, a fireplace, an attached two-car garage, central air, a turnkey home, and Cape Cod architecture.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- NP21023782
- Year Built
- 2019
- Living Area (sq ft)
- 3,256
- Lot Size (sq ft)
- 3,615
- Lot Size (acres)
- 0.083
- Levels
- Three Or More
- Bedrooms
- 4
- Full Baths
- 5
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Bay, City Lights, Hills, Neighborhood
- Parcel Number
- 04824050
- On Market Date
- 2021-02-08
- Listing Terms
- Standard
Interior Features
- Interior Features
- Built In Features, Brick Walls, Elevator, Open Floorplan, Stone Counters, Recessed Lighting, See Remarks, Wired For Data, Wired For Sound, Bedroom On Main Level, Dressing Area, Primary Suite, Wine Cellar, Walk In Closets
- Appliances
- Six Burner Stove, Built In Range, Convection Oven, Dishwasher, Freezer, Gas Cooktop, Microwave, Refrigerator, Range Hood, Self Cleaning Oven
- Flooring
- Wood
- Heating
- Forced Air, Natural Gas, Zoned
- Cooling
- Central Air, Dual, Zoned
- Fireplace
- Primary Bedroom
- Laundry
- Inside, Laundry Room
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 1
- Common Walls
- End Unit, No Common Walls
- Windows
- Blinds, Custom Coverings, Drapes
- Accessibility
- Accessible Elevator Installed, See Remarks
Exterior Features
- Architectural Style
- Cape Cod
- Exterior Features
- Lighting, Rain Gutters
- Lot Features
- Drip Irrigation Bubblers, Front Yard, Garden, Street Level
- Patio and Porch
- Deck, Lanai, Rooftop, Terrace
- Parking
- Direct Access, Garage, Garage Faces Rear, See Remarks
- Fencing
- Wrought Iron
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Connected, Natural Gas Connected, Sewer Connected, See Remarks, Underground Utilities, Water Connected
- Condition
- Turnkey
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula Point (BLPP)
- Community Features
- Biking, Storm Drains, Street Lights, Sidewalks, Urban, Water Sports
- Security
- Prewired, Fire Sprinkler System, Smoke Detectors
The record
Property History for 507 L Street
| Date | Event | Price | Note |
|---|---|---|---|
| Mar 16, 2021 | Sold | $4,650,000 | |
| Mar 6, 2021 | Status changed to Pending | From Active Under Contract | |
| Feb 22, 2021 | Status changed to Active Under Contract | From Active | |
| Feb 8, 2021 | Listed for sale | $4,775,000 | |
| May 24, 2019 | Sold | $4,000,000 | Villa Real Estate |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 507 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 1,000 Mbps, at 6 of 8 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 8 of 8. Fixed wireless: T-Mobile, up to 25 Mbps, at 8 of 8.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628001018, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.7 miles away (5 Level 2 ports). 142 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
507 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 507 L Street
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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 2, 2025 to Nov 2, 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 507 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 Tara Foster Shapiro of Pacific Sotheby's Int'l Realty
Listing information updated Apr 30, 2021 at 10:18 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.