
1123 E Balboa, Newport Beach, CA 92661
Est. $71,328/mo with 20% down, 30-year fixed
- Beds
- 4
- Baths
- 6
- Sq Ft
- 2,851
- Per Sq Ft
- $3,857
- Sq Ft Lot
- 2,614
- Built
- 2026
- Garage
- 2-car
Call Clark Smith (949) 494-8830
Subdivision Balboa Peninsula (Residential)
31 single-family homes sold in the past 12 months · median $6,925,000
About 1123 E Balboa
Introducing a rare opportunity to own a brand-new oceanfront residence with a SHORT TERM RENTAL PERMIT on the highly coveted Balboa Peninsula. Thoughtfully designed and expertly curated, this 4-bedroom, 5.5-bathroom home spans approximately 2,851 square feet and blends timeless coastal architecture with refined, modern finishes.
From the moment you enter, the home showcases an elevated yet relaxed aesthetic, featuring custom white oak cabinetry, soft plaster finishes, and a sophisticated mix of natural stone, handcrafted tile, and warm textural elements. The chef’s kitchen is both functional and striking, complete with premium appliances, custom millwork, and a seamless connection to the main living spaces—perfectly positioned to capture sweeping ocean views.
Each bedroom is ensuite, offering privacy and comfort, while the primary suite is a true retreat with a spa-inspired bath, layered textures, and serene coastal tones. Throughout the home, curated lighting, designer fixtures, and bespoke details create a cohesive and luxurious living experience.
One of the home’s most exceptional features is the expansive rooftop deck, offering panoramic ocean and bay views—an ideal setting for entertaining, relaxing, and enjoying Newport’s iconic sunsets.
Located directly on the sand, 1123 E. Balboa delivers the ultimate coastal lifestyle with immediate access to the beach, boardwalk, and all that Newport Beach has to offer.
Property details for 1123 E Balboa
This 4-bedroom, 6-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It offers 2,851 square feet of living space and is listed at $10,995,000, about $3,857 per square foot. The home was built in 2026. The MLS record lists the assessor parcel number as 048-152-09. Highlights include ocean and coastline views, ocean frontage, a fireplace, single-story living, an attached two-car garage, and a 2,614-square-foot lot. 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
- $10,995,000
- Days On Site
- 89 Days
- Bedrooms
- 4
- Inside Area (SqFt)
- 2,851 sqft
- Total Baths
- 6
- Full Baths
- 5
- Partial Baths
- 1
- Lot Size
- 2,614 SqFt
- Year Built
- 2026
- MLS® Number
- OC26083583
- Status
- Pending
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Assessor
General Features
- Property Type
- Single Family Residence
- MLS Number
- OC26083583
- Year Built
- 2026
- Living Area (sq ft)
- 2,851
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 2,614
- Lot Size (acres)
- 0.06
- Levels
- One, Two, Three Or More
- Bedrooms
- 4
- Full Baths
- 5
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Bay, Catalina, City Lights, Coastline, Ocean, Panoramic
- Parcel Number
- 04815209
- On Market Date
- 2026-06-30
- Listing Terms
- Standard
Interior Features
- Cooling
- Central Air
- Fireplace
- Family Room, Primary Bedroom
- Laundry
- Laundry Room
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
- Rooms
- Entry Foyer, Laundry, Kitchen, Living Room, Family Room
Exterior Features
- Lot Features
- Rectangular Lot
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Sidewalks
Property History for 1123 E Balboa
| Date | Event | Price | Note |
|---|---|---|---|
| Jun 30, 2026 | Listed for sale | $10,995,000 | |
| Oct 8, 2021 | Sold | $4,750,000 | Compass |
| Apr 5, 2021 | Sold | $4,380,000 | Jim Jacobs Realty |
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
At $3,857 per square foot, this home's asking price is 47% above the Balboa Peninsula (Residential) median of $2,616 for single-family homes that closed in the 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 (Residential) sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 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 |
| 6704 W Oceanfront | Sep 2, 2026 | $8,400,000 | 2,640 | $3,182 | 91 |
| 524 W Oceanfront | Sep 1, 2026 | $13,650,000 | 6,249 | $2,184 | 78 |
| 1589 E Ocean Boulevard | Aug 18, 2026 | $4,000,000 | 3,052 | $1,311 | 11 |
School District for 1123 E Balboa
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.
Estimated monthly payment
6.95% · 30-yr fixedEstimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 6.95% (week of Sep 17, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Newport Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Buying 1123 E Balboa
Want to see 1123 E Balboa in person? We have guided buyers through Balboa Peninsula (Residential) and the wider Newport Beach market since 1983. Call to arrange a private tour, or send a note and we'll follow up.
Selling near 1123 E Balboa
Thinking of selling nearby? We bring current Balboa Peninsula (Residential) 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.
Location
Photos of 1123 E Balboa, Newport Beach
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Listed by Tara McNabb of Compass
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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