
Sold
503 L Street sold on September 22, 2026 for $6,600,000, 4.3% below the $6,895,000 asking price after 93 days on the market. The buyer financed the purchase. The details are below for reference.

503 L Street, Newport Beach, CA 92661
- Beds
- 4
- Baths
- 5
- Sq Ft
- 3,148
- Per Sq Ft
- $2,097
- Sq Ft Lot
- 3,524
- Built
- 2018
- Garage
- 2-car
Call Clark Smith (949) 494-8830
Subdivision Balboa Peninsula Point
25 single-family homes sold in the past 12 months · median $4,650,000
About 503 L Street
Tranquil coastal living meets elevated design at 503 L Street, ideally situated on Peninsula Point just a few homes from the bay and moments from the ocean. This thoughtfully designed three-level residence offers four bedrooms and four and a half bathrooms, with a bright, open-concept main level that captures a refined California coastal aesthetic through soaring ceilings and seamless indoor-outdoor flow. Every detail has been carefully curated, from the elevator that goes to all three levels to the marble countertops and wide-plank oak flooring throughout. The gourmet kitchen is both functional and beautifully appointed, featuring custom cabinetry, Wolf appliances, and a Sub-Zero panel-ready refrigerator and freezer. The private primary suite serves as a true retreat, complete with a fireplace, view balcony, and a spacious, spa-like bath. Designed for effortless entertaining, the third-level California Room includes a wet bar and opens to a rooftop deck with sweeping city lights and coastal views. A two-car garage completes this exceptional offering, delivering both convenience and a highly coveted Peninsula Point lifestyle.
Property details for 503 L Street
This 4-bedroom, 5-bath single-family home sits in the Balboa Peninsula Point neighborhood of Newport Beach in Orange County. It offers 3,148 square feet of living space. The home was built in 2018. The MLS record lists the assessor parcel number as 048-240-41. Highlights include city lights views, a fireplace, an attached two-car garage, a 3,524-square-foot lot, central air, and new construction. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Home Details
- Price
- $6,600,000
- Days On Site
- N/A
- Bedrooms
- 4
- Inside Area (SqFt)
- 3,148 sqft
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Lot Size
- 3,524 SqFt
- Year Built
- 2018
- MLS® Number
- NP26105485
- Status
- Sold
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Assessor
General Features
- Property Type
- Single Family Residence
- MLS Number
- NP26105485
- Year Built
- 2018
- Living Area (sq ft)
- 3,148
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 3,523
- Lot Size (acres)
- 0.0809
- Levels
- Three Or More
- Bedrooms
- 4
- Full Baths
- 4
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- City Lights
- Parcel Number
- 04824041
- On Market Date
- 2026-05-14
- Listing Terms
- Standard
Interior Features
- Interior Features
- Wet Bar, Built In Features, Balcony, Dry Bar, Separate Formal Dining Room, Eat In Kitchen, Elevator, High Ceilings, Living Room Deck Attached, Pantry, Stone Counters, All Bedrooms Up, Jack And Jill Bath, Walk In Pantry, Walk In Closets
- Appliances
- Six Burner Stove, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Water Heater
- Flooring
- Carpet, Wood
- Heating
- Forced Air
- Cooling
- Central Air
- Fireplace
- Living Room, Primary Bedroom
- Laundry
- Inside, Laundry Room
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
- Doors
- Sliding Doors
- Accessibility
- Safe Emergency Egress From Home, Parking
Exterior Features
- Architectural Style
- Custom
- Lot Features
- Zero To One Unit Acre
- Patio and Porch
- Deck, Enclosed, Rooftop, See Remarks
- Parking
- Direct Access, Garage, Garage Faces Rear
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Condition
- Turnkey
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula Point (BLPP)
- Community Features
- Biking, Curbs, Dog Park, Park, Sidewalks, Water Sports
- Security
- Prewired
Property History for 503 L Street
| Date | Event | Price | Note |
|---|---|---|---|
| Sep 22, 2026 | Sold | $6,600,000 | |
| May 14, 2026 | Listed for sale | $6,895,000 | |
| Nov 19, 2019 | Sold | $3,750,000 | Villa Real Estate |
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
Recorded MLS closings of single-family homes, Sep 20, 2025 to Sep 20, 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 |
|---|---|---|---|---|---|
| 1730 E Ocean Boulevard | Sep 18, 2026 | $4,200,000 | 2,100 | $2,000 | 110 |
| 1722 E Oceanfront | Sep 15, 2026 | $12,200,000 | 3,962 | $3,079 | 0 |
| 2116 E Balboa Boulevard | Aug 31, 2026 | $26,800,000 | 5,624 | $4,765 | 65 |
| 2156 E Ocean | Aug 25, 2026 | $3,800,000 | 1,069 | $3,555 | 10 |
| 1411 E Bay | Jul 8, 2026 | $11,700,000 | 2,548 | $4,592 | 0 |
School District for 503 L Street
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the Newport Mesa Unified.
Living in Newport Beach covers its schools, parks and beaches.
Looking for something similar
503 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.
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Selling near 503 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.
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Listed by Kimberly Bibb of Pacific Sotheby's Int'l Realty
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.
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