StatusAccepting Backup Offers (Active Under Contract)
About 1305 E Balboa Blvd
Situated on the coveted oceanfront in Newport Beach on Balboa Peninsula with Catalina views from the second floor, this Spanish style home offers unparalleled access to the vibrant coastal lifestyle. Enjoy this rare opportunity to live at the end of the boardwalk which offers the convenience to the boardwalk without the disturbance of the beachgoers. This beachfront gem has 3 bedrooms and 4 bathrooms with a 2 car garage and is adorned with exquisite details, including arched doorways, hand-painted tiles, and intricate wrought iron accents that epitomize the Spanish aesthetic. This residence has undergone recent upgrades, including the installation of new solar panels, a new roof, fresh exterior and interior paint, new windows, new hardwood floors on the first level and primary bedroom, a new heat pump and AC, an outdoor shower and an EV charger. The spacious living room is a sanctuary of comfort and boasts high ceilings, exposed wooden beams, and a fireplace with breathtaking views out to the dunes and ocean. The charming kitchen features stainless steel appliances, electric stove top and plenty of storage. The serene primary suite is a sanctuary of relaxation, featuring a private balcony, attached sitting room, fireplace and spacious newly remodeled primary bath with views of the ocean. Additional bedrooms provide comfortable accommodations each offering their own unique charm and bathrooms. Step outside and enjoy spectacular sunsets on the patio and spend your days basking in the sun on the sandy beaches or exploring the charming shops and restaurants, the Fun Zone, Balboa Island Ferry, and the world famous Wedge. With convenient access to major highways, you're just a short drive away from the world-class attractions of Orange County and beyond.
Property Details
Property Features
Property Information:
Architectural Style: Spanish
Year Built: 1930
Stories: 2
Living Area: 2,634 SqFt
Listing Office:
Office Name: Compass
Office Phone: (949) 933-6526
Listing Agent: Katie Russell
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Cooktop, Freezer, Gas Oven, Refrigerator
Flooring Type: Wood
Interior: Beamed Ceilings, Ceiling Fan(s), All Bedrooms Up, Walk-In Closet(s)
Fireplace: Family Room, Primary Bedroom
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Beach, Ocean Access, Ocean Front
View: Island, Ocean
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Garage
Lot Features
Lot Information:
Lot Size: 0.06 Acres
Utilities
Utilities Information:
Heating: Heat Pump
Cooling: Heat Pump
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: PCH to E Balboa Bvld
Price Information
Listing Price Info
Price Summary:
List Price: $8,200,000
Price Per SqFt: $3,113/SqFt
Tax Information:
Annual Amount: $2,011
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $4.8M more than the Median Sold Price and $1.7K/SqFt more than other homes in Newport Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #NP24098558
Listing Office:
Office Name: Compass
Office Phone: (949) 933-6526
Listing Agent: Katie Russell
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: 6/1/2024, 4:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,011
$163,519
2020
$1,990
$161,843
2019
$1,917
$158,670
2018
$1,917
$155,559
2017
$1,883
$152,509
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$40.9K
Per Month
Principal & Interest
$40.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$24.6K
Powered By
Advertisement
NMLS#3030
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
8
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school1.54 miles
Public District Grades KG-6
Middle School
8
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.94 miles
Public District Grades 7-8
High School
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school2.00 miles
Public District Grades 9-12
Assigned Schools
8
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school1.54 miles
Public District Grades KG-6
Nearby Schools
9
/10
Harbor View Elementary School
900 Goldenrod Ave
Distance between this listing and this school1.41 miles
Public District Grades KG-6
8
/10
Abraham Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school2.04 miles
Public District Grades KG-6
Assigned Schools
8
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.94 miles
Public District Grades 7-8
Nearby Schools
9
/10
Vista Verde
6 Federation Way
Distance between this listing and this school4.31 miles
Public District Grades KG-8
7
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school6.11 miles
Public District Grades 6-8
Assigned Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school2.00 miles
Public District Grades 9-12
Nearby Schools
8
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school2.54 miles
Public District Grades 7-12
2
/10
Back Bay High School
390 Monte Vista Ave
Distance between this listing and this school3.82 miles
The neighbors living near this home have an average income of $133,019. Most Newport Beach, CA residents have annual incomes $200k+. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1305 E Balboa Blvd
What is the listing price of this property?
The listing price of 1305 E Balboa Blvd property is $8,200,000.
What type of property is this?
The property 1305 E Balboa Blvd is a house located in Newport Beach, California, 92661.
Is this property for sale now?
Accepting Backup Offers: 1305 E Balboa Blvd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 1305 E Balboa Blvd are: Newport Elementary School: GreatSchools Rating 8/10Horace Ensign Intermediate School: GreatSchools Rating 8/10Newport Harbor High School: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,011 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1305 E Balboa Blvd has 3 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 1305 E Balboa Blvd is 2,634 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1305 E Balboa Blvd is 1930.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1305 E Balboa Blvd in Newport Beach, CA and zip code 92661 in the Balboa Peninsula neighborhood. This 2,634 square foot home, which was built in 1930, sits on a 0.06 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $8,200,000.
In April 2024 more than 14 listings in Newport Beach, CA were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 57 were sold below. In April 2024 in Newport Beach, CA there were 11.2% more homes for sale than in March 2024. Listings spent 51 days on the market in April 2024, and had a median list price of $3,356,190 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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. 
PGA/LPGA
PGA/LPGA
Hiking/backpacking
Men's Tennis
Chico's
Nordstrom Rack
Bloomingdales
Bonefish Grill
Chipotle
California Pizza Kitchen
Cadillac
Mazda
Lexus
Classical
Rock
News