1 month on rocket

615E Balboa Unit A, Newport Beach, CA, 92661

$2,150,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

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615E Balboa Unit A, Newport Beach$2,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage2 spaces
Year Built1989
HeatingForced Air, Fireplace(s)
CoolingCentral Air
FireplaceGas, Living Room
ViewHarbor, Marina, Ocean
MLS #NP24049755
Lot Size0.05 Acres
StatusActive

About 615E Balboa Unit A

Exquisite Balboa Village Beach House! Short-Term Rental Permit Included! Own a piece of paradise in the heart of Balboa Village! This beautifully remodeled three bedroom, three bathroom home boasts a highly sought-after short-term rental permit, offering investment potential and an unparalleled lifestyle. Moments from the ocean and across from the world-famous Fun Zone, this charming home is ideally situated for enjoying all Balboa Village has to offer. Take the ferry to Balboa Island, swim in the ocean, or simply relax and soak up the sunshine—everything is at your fingertips. Fully renovated in 2022 and meticulously maintained, the property is move-in ready and comes with everything you need, including bikes, boogie boards, and the California sunshine. Don't miss this rare opportunity. SHORT TERM RENTAL PERMITS are highly coveted in Newport Beach with a reported waiting list. This home presents an exceptional investment opportunity, allowing you to share your slice of paradise with others.

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Stories: 1

Listing Office:

  • Office Name: Surterre Properties Inc.
  • Office Phone: (949) 717-7100
  • Listing Agent: Ronnie Cancellieri

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
  • Interior: Balcony, Ceiling Fan(s), Open Floorplan, Stone Counters, Recessed Lighting, Bedroom on Main Level, Main Level Primary
  • Fireplace: Gas, Living Room

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Harbor, Marina, Ocean

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s)
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Newport Harbor High School, Public District Grades 9-12
  • Horace Ensign Intermediate School, Public District Grades 7-8
  • Newport Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Balboa Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,150,000
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

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Newport Beach, CA

City

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,343

Avg. Days On Market

43

# of Sold Homes

86

615E Balboa Unit A vs Newport Beach

49 DAYS ON ROCKET

+6 Days

$2,150,000

-$1.0M Less

KEY TAKEAWAY

This property is $1.0M less than the Median Sold Price in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24049755

Listing Office:

  • Office Name: Surterre Properties Inc.
  • Office Phone: (949) 717-7100
  • Listing Agent: Ronnie Cancellieri

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 3:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,512

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3778708
9
/10

  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 2.10 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3778709
7
/10

  • Horace Ensign Intermediate School

  • 2000 Cliff Dr

  • 2.40 miles

  • Public District Grades 7-8

High School

school-card-donut-3778710
7
/10

  • Newport Harbor High School

  • 600 Irvine Ave

  • 2.42 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $133,019. The majority of Newport Beach, CA residents have income $200k+ annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 615E Balboa Unit A

What is the listing price of this property?

The listing price of 615E Balboa Unit A property is $2,150,000.

What type of property is this?

The property 615E Balboa Unit A is a condo located in Newport Beach, California, 92661.

Is this property for sale now?

Active Listing: 615E Balboa Unit A is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 615E Balboa Unit A are:
Newport Elementary School: GreatSchools Rating 9/10
Horace Ensign Intermediate School: GreatSchools Rating 7/10
Newport Harbor High School: GreatSchools Rating 7/10

Which year was this property built?

The year of construction for 615E Balboa Unit A is 1989.

Rocket Homes›California›Orange County›Newport Beach›92661›615E Balboa Unit A

This home is located at 615E Balboa Unit A in Newport Beach, CA and zip code 92661 in the Balboa Peninsula neighborhood. This home, which was built in 1989, sits on a 0.05 acre lot. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $2,150,000.

In March 2024 more than 23 listings in Newport Beach, CA were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 50 were sold below. The number of listings in Newport Beach, CA increased by 8.8% between February 2024 and March 2024. In March 2024 median list price was $3,228,690 and the average listing age was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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