Sold
1501 1503 E Balboa Boulevard sold on June 21, 2017 for $3,500,000, at the asking price after 10 days on the market. The buyer financed the purchase. The details are below for reference.
1501 1503 E Balboa Boulevard, Newport Beach, CA 92661
- 5 beds
- 4 baths
- 3,750 sq ft
- 4,356 sq ft lot
- Built 1975
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$3,500,000
Subdivision Balboa Peninsula (Residential)
27 single-family homes sold in the past 12 months · median $7,300,000
The home
About 1501 1503 E Balboa Boulevard
One of a kind custom duplex on Balboa's Peninsula Point in Newport Beach. Owners unit upstairs with a mother in laws unit below, or rent both as great income producing units. LOCATION LOCATION LOCATION - Steps from both the ocean and bay, this oversized corner lot is ideal with only one neighbor on one side and a city park on the other. COMPLETELY RENOVATED in 2015, no corner was left unturned. All new in 2015 - PEX plumbing, electrical, water filtration/water softening system, roof, doors/windows, air conditioning, appliances, custom cabinetry, speakers/surround sound and steam units in both Master Bath showers.
First Floor unit (1,230 sq/ft) is a 2 bedroom/2 bath mother in law quarters with a large outdoor patio/built in BBQ area that wraps around the property. Second Floor unit (1,835 sq/ft) features 3 bedrooms/2 baths and 3 outdoor patio decks. This Owner's unit also enjoys the 3rd floor covered indoor/outdoor enclosed patio, which is truly an entertainers dream. The 3rd floor (approx 700 sq/ft) consists of (4) flat screen TV's with surround sound speakers, fireplace, gas heaters and Lynx outdoor appliances (beer tap, refrigerators, ice maker and BBQ). Enjoy the third floor open on those sunny beach days, or close the hurricane shutters on those cold winter nights.
This duplex is truly a must see!
Property details for 1501 1503 E Balboa Boulevard
This 5-bedroom, 4-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 3,750 square feet of living space. The home was built in 1975. The MLS record lists the assessor parcel number as 048-191-19. Highlights include peek-a-boo ocean and city lights views, a fireplace, an attached four-car garage, central air, and Cape Cod architecture.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- PW17089766
- Year Built
- 1975
- Living Area (sq ft)
- 3,750
- Living Area Source
- Plans
- Lot Size (sq ft)
- 4,356
- Levels
- Three Or More
- Bedrooms
- 5
- Full Baths
- 2
- Garage Spaces
- 4
- Parking Spaces
- 4
- View
- City Lights, Ocean, Peek A Boo, Water
- Parcel Number
- 04819119
- On Market Date
- 2017-04-25
- Listing Terms
- Standard
Interior Features
- Interior Features
- Beamed Ceilings, Built In Features, Balcony, Eat In Kitchen, Open Floorplan, Wired For Sound, Primary Suite, Walk In Closets
- Appliances
- Built In Range, Barbecue, Dishwasher, Gas Cooktop, Ice Maker, Refrigerator, Water Softener, Water Purifier
- Flooring
- Stone, Tile
- Heating
- Forced Air
- Cooling
- Central Air
- Fireplace
- Bonus Room, Family Room
- Main Level Bedrooms
- 2
- Main Level Bathrooms
- 2
- Common Walls
- No Common Walls
- Windows
- Triple Pane Windows
Exterior Features
- Architectural Style
- Cape Cod, Patio Home
- Exterior Features
- Barbecue, Lighting
- Roof
- Shingle
- Lot Features
- Corner Lot, Near Park
- Patio and Porch
- Open, Patio, Rooftop, Wrap Around
- Parking
- Door Multi, Direct Access, Driveway, Garage, Garage Door Opener
- Fencing
- Brick, Stucco Wall, Wrought Iron
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Private
- Condition
- Additions Alterations, Updated Remodeled, Repairs Major
- Units
- 2
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Curbs, Street Lights, Sidewalks, Park
The record
Property History for 1501 1503 E Balboa Boulevard
| Date | Event | Price | Note |
|---|---|---|---|
| Jun 21, 2017 | Sold | $3,500,000 | |
| Apr 25, 2017 | Listed for sale | $3,499,999 |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 1501 1503 E Balboa Boulevard
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 23 of 25 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 25 of 25. Fixed wireless: GeoLinks, up to 1,000 Mbps, at 4 of 25.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628001030, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.9 miles away (5 Level 2 ports). 146 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
1501 1503 E Balboa Boulevard 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 1501 1503 E Balboa Boulevard
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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 1501 1503 E Balboa Boulevard
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 Marco Martelli of Joseph Martelli R E Invst Inc
Listing information updated Jun 27, 2026 at 1:21 PM 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.