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Sold

427 Belvue Lane sold on April 30, 2024 for $4,500,000, 2.1% below the $4,595,000 asking price after 124 days on the market, including an earlier listing. The buyer paid cash. The details are below for reference.

Single Family ResidenceSold · Apr 30, 2024

427 Belvue Lane, Newport Beach, CA 92661

  • 3 beds
  • 2 baths
  • 1,200 sq ft
  • 4,000 sq ft lot
  • Built 1951

Own 427 Belvue Lane? Request a free home valuation to see what it is worth today.

$4,500,000

MLS# NP23217026

Subdivision Balboa Peninsula Point

26 single-family homes sold in the past 12 months · median $4,575,000

See homes for sale in Balboa Peninsula

The home

About 427 Belvue Lane

Enveloped by the serene embrace of Belvue Lane, this exquisite coastal sanctuary is a true gem nestled within the idyllic Balboa Peninsula Point. Poised on a generous 4,000 square foot lot, this vintage residence exudes timeless elegance and invites endless imagination. Approaching this coastal haven, a picturesque white picket fence envelops the splendid front yard, adorned with a lush, blooming garden that leads to an inviting Dutch-door entry. Meticulously updated, the sun-drenched living spaces seamlessly flow towards a verdant lawn and a tranquil terrace, gracefully separating the charming two-bedroom cottage from an enchanting separate guest area or home office, all crowned by a welcoming garage. Whether one's vision leans towards restoring the original character of this endearing beachside bungalow or embarking on the creation of an opulent coastal retreat, the allure of Belvue Lane's picturesque promenade orientation is undeniable. A leisurely stroll away, the glistening shores and tranquil bay beckon, while Peninsula Point homeowners relish the offerings of a community racquet club and a neighborhood association bayfront BBQ area with a convenient boat launch. Nearby, the historic Balboa Village unfolds its eclectic tapestry of shops and restaurants, beckoning with its coastal charm. Included in this offering are City of Newport Beach approved architectural plans, artfully crafted by Bill Guidero, and landscape designs by Molly Wood Garden, envisioning a luxurious 3,800 square foot coastal masterpiece.

Property details for 427 Belvue Lane

This 3-bedroom, 2-bath single-family home sits in the Balboa Peninsula Point neighborhood of Newport Beach in Orange County. It has 1,200 square feet of living space on a 4,000-square-foot lot. The home was built in 1951. The MLS record lists the assessor parcel number as 048-251-22. Highlights include a fireplace, single-story living, and a two-car garage.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
NP23217026
Year Built
1951
Living Area (sq ft)
1,200
Living Area Source
Assessor
Lot Size (sq ft)
4,000
Lot Size (acres)
0.0918
Levels
One
Bedrooms
3
Full Baths
2
Garage Spaces
2
Parking Spaces
2
View
None
Parcel Number
04825122
On Market Date
2023-11-27
Listing Terms
Standard

Interior Features

Cooling
None
Fireplace
Living Room
Laundry
Washer Hookup, Gas Dryer Hookup
Main Level Bedrooms
3
Main Level Bathrooms
2
Entry Level
1
Common Walls
No Common Walls

Exterior Features

Lot Features
Back Yard, Front Yard
Pool Features
None
Sewer
Sewer On Bond
Water
Public
Units
1

Community Features

Subdivision
Balboa Peninsula Point (BLPP)
Community Features
Street Lights, Suburban

The record

Property History for 427 Belvue Lane

DateEventPriceNote
Apr 30, 2024 Sold $4,500,000
Apr 16, 2024 Status changed to Pending From Sold
Mar 27, 2024 Status changed to Pending From Active
Nov 27, 2023 Relisted $4,595,000
Jul 25, 2022 Sold $4,500,000 Pacific Sotheby's Int'l Realty

Next steps

Looking for something similar

427 Belvue Lane 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.

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Selling near 427 Belvue Lane

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.

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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, Oct 31, 2025 to Oct 31, 2026. Days on market run from listing to going under contract.

Recent Balboa Peninsula Point sales

AddressClosedPriceSq ftPer sq ftDays 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

Schools

School District for 427 Belvue Lane

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 Robin McMonigle of Compass

Listing information updated Jul 29, 2024 at 10:33 AM PT. Source: CRMLS.

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