REALATRENDS REAL ESTATE SERVICES, INC 949·494·8830
REALATRENDS

1123 E Balboa, Newport Beach, CA 92661

$10,995,000
89 Days On Site

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

For Sale|Single Family ResidencePending

Call Clark Smith (949) 494-8830

Subdivision Balboa Peninsula (Residential)

31 single-family homes sold in the past 12 months · median $6,925,000

See homes for sale in Balboa Peninsula

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

DateEventPriceNote
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

31Homes sold
$6,925,000Median price
51Median days on market
$2,616Median per sq ft

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

AddressClosedPriceSq ftPer sq ftDays 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 fixed
$
$82,729/mo
10% down · 30-year fixed · $1,099,500 down
Principal & interest$65,503
Mortgage insurance (est., over 80% LTV)$4,123
Property tax (est. 1.08%)$9,896
Home insurance (rough est., varies widely)$3,207
HOANot reported, not included
$71,328/mo
20% down · 30-year fixed · $2,199,000 down
Principal & interest$58,225
Property tax (est. 1.08%)$9,896
Home insurance (rough est., varies widely)$3,207
HOANot reported, not included
$64,050/mo
30% down · 30-year fixed · $3,298,500 down
Principal & interest$50,947
Property tax (est. 1.08%)$9,896
Home insurance (rough est., varies widely)$3,207
HOANot reported, not included
Estimated carrying cost
$13,103/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$9,896
Home insurance (rough est., varies widely)$3,207
HOANot reported, not included

Estimate 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.

Call (949) 494-8830

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.

Free home valuation

Location

Similar Homes for Sale in Newport Beach

Newest Newport Beach Homes for Sale

  • 2212 Fiesta$2,295,000 · 3 bd · 2 ba · 1,685 sq ft · Bluffs Original
  • 2952 Quedada$1,949,000 · 4 bd · 3 ba · 2,096 sq ft · Bluffs Homes on the Bay · Listed Sep 25
  • 915 W Bay Avenue$4,500,000 · 3 bd · 3 ba · 2,270 sq ft · Balboa Peninsula (Residential) · Listed Sep 25
  • 2315 Eastbluff$1,450,000 · 3 bd · 2 ba · 1,342 sq ft · Bluffs Plaza Area · Listed Sep 24
  • 503 Harbor Woods Place$988,000 · 2 bd · 1 ba · 900 sq ft · Harbor Woods · Listed Sep 24
  • 327 Santa Isabel$2,595,000 · 3 bd · 3 ba · 2,143 sq ft · Upper Newport Bay · Listed Sep 24
  • 231 Tustin$6,695,000 · 4 bd · 5 ba · 5,140 sq ft · Newport Heights · Listed Sep 24
  • 211 Cypress Street$3,395,000 · 4 bd · 2 ba · 1,896 sq ft · Listed Sep 24

Explore Newport Beach Real Estate

See every home for sale in Newport Beach, or search the full Orange County MLS on our live homes search. Questions about 1123 E Balboa? Talk to Realatrends.

Listed by Tara McNabb of Compass

Listing alerts

Be first to see new Newport Beach listings

What criteria are you looking for?

New Newport Beach homes by email, often before they reach the big portals.

saved

Looking to
Cities (Newport Beach is locked in)
Newport Beach ✓

You are all set.

Call (949) 494-8830