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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.

Single Family ResidenceSold · Sep 22, 2026

503 L Street, Newport Beach, CA 92661

  • 4 beds
  • 5 baths
  • 3,148 sq ft
  • 3,523 sq ft lot
  • Built 2018

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$6,600,000

MLS# NP26105485

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 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 has 3,148 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 048-240-41. 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
NP26105485
Year Built
2018
Builder
Rincon Homes, Inc.
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

The record

Property History for 503 L Street

DateEventPriceNote
Sep 22, 2026 Sold $6,600,000
Sep 9, 2026 Status changed to Pending From Active
May 14, 2026 Listed for sale $6,895,000
Nov 19, 2019 Sold $3,750,000 Villa Real Estate

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 503 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

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.

Free home valuation

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 503 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 Pacific Sotheby's Int'l Realty

Listing information updated Sep 22, 2026 at 1:43 PM PT. Source: CRMLS.

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