$3,999,800
7Beds5Baths2,371SqFt
1320 W Balboa BoulevardNewport Beach, CA 92661Balboa Peninsula (Residential)
Sold
332 L Street sold on September 25, 2025 for $3,950,000, 1.1% below the $3,995,000 asking price after 65 days on the market; it was first listed at $4,200,000. The buyer financed the purchase. The details are below for reference.
332 L Street, Newport Beach, CA 92661
- 3 beds
- 3 baths
- 1,753 sq ft
- 1,750 sq ft lot
- Built 1991
Own 332 L Street? Request a free home valuation to see what it is worth today.
$3,950,000
Subdivision Balboa Peninsula (Residential)
27 single-family homes sold in the past 12 months · median $7,300,000
The home
About 332 L Street
An unparalleled turnkey oasis, 332 L Street, is one-of-a-kind on the highly coveted Balboa Peninsula Point. Situated across from the serene L Street Park and just steps to the sand, this exquisite residence is the perfect balance of coastal luxury, comfort, and function.
The home boasts three bedrooms, two and a half bathrooms and has been tastefully appointed with sophisticated custom finishes and bespoke details throughout. Upon entering through the front Dutch door, you are greeted by a bright and inviting open floor plan that seamlessly blends the living and dining areas featuring a statement fireplace and bi-folding doors that lead to a spacious private front patio. Enjoy views of the park, embrace ocean breezes, or dine al fresco all while being able to entertain effortlessly through an indoor-outdoor experience. The culinary enthusiast will delight in the beautiful chef’s kitchen that is equipped with modern appliances, amble cabinetry, and a large center island. An adjacent dining alcove provides the perfect setting for intimate gatherings or larger celebrations. Retreat upstairs to a dreamy primary suite with custom built-ins, balcony access, walk-in closet, and a spa-inspired bath featuring dual vanities and a luxurious oversized shower. Two additional bedrooms each with new frameless corner windows and a guest bath are also on the second floor. Ascend to the spacious rooftop deck that offers peek-a-boo ocean views and Harbor views, perfect for moments of tranquility and relaxation under the sun. Additional amenities include Engineered Oak hardwood floors throughout, central A/C, automatic window treatments, automatic patio slider door screen, retractable patio awning, and newer windows in the living room and guest bedrooms. A 2 car garage features epoxy floors, storage, and an EV car charger.
This rare gem epitomizes refined coastal living with endless opportunities for relaxation or recreation and is close to high-end shopping, dining, John Wayne Airport, award-winning schools, and world-famous Wedge surf spot. Discover the unmatched lifestyle this remarkable home affords.
Property details for 332 L Street
This 3-bedroom, 3-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 1,753 square feet of living space on a 1,750-square-foot lot. The home was built in 1991. The MLS record lists the assessor parcel number as 048-252-21. Highlights include peek-a-boo ocean and harbor views, a fireplace, an attached two-car garage, central air, an updated home, and Mediterranean architecture.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- OC25115385
- Year Built
- 1991
- Living Area (sq ft)
- 1,753
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 1,750
- Lot Size (acres)
- 0.0402
- Levels
- Two
- Bedrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- City Lights, Park Greenbelt, Harbor, Neighborhood, Ocean, Peek A Boo
- Parcel Number
- 04825221
- On Market Date
- 2025-05-27
- Zoning
- R-1
- Listing Terms
- Standard
Interior Features
- Interior Features
- Separate Formal Dining Room, High Ceilings, Open Floorplan, Recessed Lighting, All Bedrooms Up, Primary Suite
- Appliances
- Dishwasher, Gas Range, Refrigerator
- Flooring
- Wood
- Heating
- Forced Air
- Cooling
- Central Air
- Fireplace
- Living Room
- Laundry
- Inside, Laundry Room
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Architectural Style
- Contemporary, Mediterranean
- Exterior Features
- Awnings
- Lot Features
- Rectangular Lot
- Patio and Porch
- Concrete, Front Porch, Patio, Rooftop
- Parking
- Door Multi, Garage
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Condition
- Updated Remodeled, Turnkey
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Curbs, Park, Sidewalks
The record
Property History for 332 L Street
| Date | Event | Price | Note |
|---|---|---|---|
| Sep 25, 2025 | Sold | $3,950,000 | |
| Aug 12, 2025 | Status changed to Pending | From Active Under Contract | |
| Jul 31, 2025 | Status changed to Active Under Contract | From Active | |
| Jul 2, 2025 | Price reduced | $3,995,000 | From $4,200,000 |
| May 27, 2025 | Status changed to Active | From Coming Soon | |
| May 27, 2025 | Listed for sale | $4,200,000 | |
| Apr 1, 2021 | Sold | $2,450,000 | Villa Real Estate |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 332 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 5,000 Mbps, at 30 of 30 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 30 of 30. DSL: AT&T, up to 10 Mbps, at 2 of 30.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628001027, 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). 138 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
332 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 332 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 (Residential) home sales, past 12 months
- Homes sold
- 27
- Median price
- $7,300,000
- Median days on market
- 35
- Median per sq ft
- $2,501
Recorded MLS closings of single-family homes, Nov 4, 2025 to Nov 4, 2026. Days on market run from listing to going under contract.
Recent Balboa Peninsula (Residential) sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 1123 E Balboa | Oct 25, 2026 | $10,900,000 | 2,851 | $3,823 | 36 |
| 915 W Bay Avenue | Oct 19, 2026 | $4,921,000 | 2,270 | $2,168 | 3 |
| 3603 Lake Avenue | Oct 5, 2026 | $4,550,000 | 2,200 | $2,068 | 0 |
| 1440 W Bay Avenue | Sep 9, 2026 | $9,125,000 | 3,264 | $2,796 | 0 |
| 3601 Lake Avenue | Sep 4, 2026 | $4,500,000 | 2,200 | $2,045 | 7 |
See homes for sale in Balboa Peninsula Newport Beach housing market
Schools
School District for 332 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 McNabb of Compass
Listing information updated Sep 27, 2025 at 11:41 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.