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Sold

505 J Street sold on August 30, 2021 for $3,600,000, 7.4% below the $3,888,000 asking price after 39 days on the market. The buyer paid cash. The details are below for reference.

Single Family ResidenceSold · Aug 30, 2021

505 J Street, Newport Beach, CA 92661

  • 5 beds
  • 6 baths
  • 3,650 sq ft
  • 3,000 sq ft lot
  • Built 2003

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$3,600,000

MLS# PW21087060

Subdivision Balboa Peninsula Point

26 single-family homes sold in the past 12 months · median $4,575,000

See homes for sale in Balboa Peninsula

The home

About 505 J Street

BEST INCOME PROPERTY!! PLEASE CALL FOR DETAILS! Prime location Beach Home on Balboa Peninsula Point within walking distance of the world famous Wedge. This 5 bedroom, 5 bathroom 3,650 sq ft home offers stunning views of both the Pacific Ocean and Newport Harbor on the roof top. Exquisitely crafted Dutch front door. Spacious living room with cozy fire place. Rich toned wood flooring and formal dining area. Chef's delight kitchen. Featuring brand new gas range and built in refrigerator that blends seamlessly with finely crafted cabinets, granite counter tops, and a center island to entertain guests while you cook. Office/bedroom and 2-car garage along with outside showers to rinse off after a day of playing in the sand completes the first floor. Elegant staircase takes you the 2nd floor. Beautiful master suite with a balcony and fireplace. Master bathroom features separate shower and bath and ample size walk-in closet. A great size family room, complete with a wet bar and access both to the first and third floors via outside staircases. 3rd floor bedroom has access to front and rear roof-top decks. The front deck offers a vantage point to watch the sun rise or the Christmas Boat Parade and other boating activities in the Harbor. The rear deck has a fire place and plenty of room to host an evening cocktail party while enjoying views of sun setting over the beautiful Pacific Ocean.

Property details for 505 J Street

This 5-bedroom, 6-bath single-family home sits in the Balboa Peninsula Point neighborhood of Newport Beach in Orange County. It has 3,650 square feet of living space on a 3,000-square-foot lot. The home was built in 2003. The MLS record lists the assessor parcel number as 048-232-12. Highlights include ocean and harbor views, a fireplace, an attached two-car garage, central air, and a turnkey home.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
PW21087060
Year Built
2003
Living Area (sq ft)
3,650
Living Area Source
Assessor
Lot Size (sq ft)
3,000
Lot Size (acres)
0.0689
Levels
Two
Bedrooms
5
Full Baths
5
Half Baths
1
Garage Spaces
2
Parking Spaces
2
View
Harbor, Ocean
Parcel Number
04823212
On Market Date
2021-05-18
Listing Terms
Standard

Interior Features

Interior Features
Wet Bar, Balcony, Breakfast Area, Crown Molding, Separate Formal Dining Room, Dumbwaiter, Granite Counters, Open Floorplan, Pantry, Primary Suite, Walk In Pantry, Walk In Closets
Appliances
Six Burner Stove, Dishwasher, Microwave, Refrigerator, Range Hood
Flooring
Wood
Heating
Forced Air
Cooling
Central Air
Fireplace
Gas, Living Room, Primary Bedroom, Outside, See Remarks
Laundry
Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Main Level Bedrooms
1
Main Level Bathrooms
1
Common Walls
No Common Walls
Windows
Blinds, Skylights

Exterior Features

Lot Features
Front Yard
Parking
Garage, Garage Faces Rear, On Street
Pool Features
None
Sewer
Public Sewer
Water
Public
Condition
Turnkey
Units
1

Community Features

Subdivision
Balboa Peninsula Point (BLPP)
Community Features
Street Lights, Sidewalks
Security
Carbon Monoxide Detectors, Smoke Detectors

The record

Property History for 505 J Street

DateEventPriceNote
Aug 30, 2021 Sold $3,600,000
Aug 19, 2021 Status changed to Pending From Active Under Contract
Jul 28, 2021 Status changed to Active Under Contract From Hold
Jun 26, 2021 Status changed to Hold From Active
May 18, 2021 Listed for sale $3,888,000

No prior MLS sales on record for this home since 2012.

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 505 J 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 1,000 Mbps, at 7 of 9 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 9 of 9. Fixed wireless: Verizon, up to 300 Mbps, at 9 of 9.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628001014, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.8 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

505 J 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 505 J 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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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 Point home sales, past 12 months

Homes sold
26
Median price
$4,575,000
Median days on market
13
Median per sq ft
$2,914

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 Point sales

AddressClosedPriceSq ftPer sq ftDays on market
2007 Miramar Oct 29, 2026 $4,850,000 2,408 $2,014 0
449 M Street Oct 29, 2026 $3,800,000 1,174 $3,237 12
2012 E Ocean Boulevard Sep 28, 2026 $3,650,000 1,643 $2,222 8
503 L Street Sep 22, 2026 $6,600,000 3,148 $2,097 93
1730 E Ocean Boulevard Sep 18, 2026 $4,200,000 2,100 $2,000 110

Schools

Schools for 505 J Street

As listed in the MLS record. Confirm attendance boundaries with the school district.

Elementary
Newport
Middle
Ensign
High
Newport Harbor
District
Newport Mesa Unified

Living in Newport Beach covers its schools, parks and beaches.

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Listed by Rachel Turner of Coldwell Banker Realty

Listing information updated Aug 30, 2021 at 7:03 PM PT. Source: CRMLS.

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