1245 W Balboa Boulevard, Newport Beach, CA 92661
Local realty services provided by:ERA North Orange County Real Estate



1245 W Balboa Boulevard,Newport Beach, CA 92661
$4,199,000
- 2 Beds
- 1 Baths
- 432 sq. ft.
- Single family
- Active
Listed by:darwin pearson
Office:pacific oc properties
MLS#:NP25186509
Source:SANDICOR
Price summary
- Price:$4,199,000
- Price per sq. ft.:$9,719.91
About this home
Ocean View Beach Cottage with Approved Plans for a Luxury Home on Balboa Peninsula Welcome to your dream property, just one row from the ocean with stunning views from the roof deck! This unique opportunity offers a charming beach cottage and a detached efficiency studio, perfect for immediate use or rental income. The property is located off a spacious 20-foot alley on a generous 31-foot wide by 102-foot-long lot, providing ample space and privacy. The beach cottage was completely remodeled in 2020, featuring new windows and a new roof, ensuring a comfortable and modern living experience. But the real gem of this property lies in its future potential. The owners have fully approved construction drawings from the City of Newport Beach, ready for a brand-new, three-story single-family dwelling. Imagine living in a luxurious new home designed with every modern convenience in mind. The new home design includes four spacious bedrooms, each with its own full bath, and two additional powder rooms for guests. The attached Accessory Dwelling Unit (ADU) offers its own entry and patio, perfect for extended family or rental income. The home also features a stunning three-story glass elevator, making every level easily accessible. With a total of 2,924 sq. ft. in the main house and an additional 533 sq. ft. in the ADU, there is plenty of room for everyone. The new construction will provide four off-street parking spaces, including an attached 2-car garage and a 2-car carport, ensuring ample parking for residents and guests. The second level boasts two decks, one with breathtaking ocean
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Home facts
- Year built:1924
- Listing Id #:NP25186509
- Added:1 day(s) ago
- Updated:August 19, 2025 at 06:29 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:432 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1924
- Building area:432 sq. ft.
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$4,199,000
- Price per sq. ft.:$9,719.91
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