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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

$6,600,000
Beds
4
Baths
5
Sq Ft
3,148
Per Sq Ft
$2,097
Sq Ft Lot
3,524
Built
2018
Garage
2-car

Single Family ResidenceSold

Call Clark Smith (949) 494-8830

Subdivision Balboa Peninsula Point

25 single-family homes sold in the past 12 months · median $4,650,000

See homes for sale in Balboa Peninsula

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

DateEventPriceNote
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

25Homes sold
$4,650,000Median price
15Median days on market
$3,079Median per sq ft

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

AddressClosedPriceSq ftPer sq ftDays 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

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