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Under contract
  • Listed by: Compass • Tara McNabb • Contact: taralmcnabb@icloud.com
    $10,995,000

    1123 E Balboa Blvd, Newport Beach, CA 92661

    4beds
    2,851sqft
    : 
    $72,046/mo
    Get pre-qualified
    Single Family Residence
    Built in 2026
    2,614 Square Feet Lot
    $10,421,200 Zestimate®
    $3,857/sqft
    $-- HOA

    What's special

    Introducing a rare opportunity to own a brand-new oceanfront residence with a SHORT TERM RENTAL PERMIT on the highly coveted Balboa Peninsula. Thoughtfully designed and expertly curated, this 4-bedroom, 5.5-bathroom home spans approximately 2,851 square feet and blends timeless coastal architecture with refined, modern finishes. From the moment you enter, the home showcases an elevated yet relaxed aesthetic, featuring custom white oak cabinetry, soft plaster finishes, and a sophisticated mix of natural stone, handcrafted tile, and warm textural elements. The chef’s kitchen is both functional and striking, complete with premium appliances, custom millwork, and a seamless connection to the main living spaces—perfectly positioned to capture sweeping ocean views. Each bedroom is ensuite, offering privacy and comfort, while the primary suite is a true retreat with a spa-inspired bath, layered textures, and serene coastal tones. Throughout the home, curated lighting, designer fixtures, and bespoke details create a cohesive and luxurious living experience. One of the home’s most exceptional features is the expansive rooftop deck, offering panoramic ocean and bay views—an ideal setting for entertaining, relaxing, and enjoying Newport’s iconic sunsets. Located directly on the sand, 1123 E. Balboa delivers the ultimate coastal lifestyle with immediate access to the beach, boardwalk, and all that Newport Beach has to offer.
    43 days
    |
    1,766
    |
    94
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tara McNabb DRE #01871729 taralmcnabb@icloud.com,

    Compass,

    Listing Team: Private Client Group OC

    Source: CRMLS,MLS#: OC26083583MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Entry/Foyer, Family Room, Kitchen, Laundry, Living Room
      Cooling
      • Central Air
      Appliances
      • Laundry: Laundry Room
      Features
      • Has fireplace: Yes
      • Fireplace features: Family Room, Primary Bedroom
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 2,851 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: One,Two,Three Or More
      • Stories: 1
      • Entry location: 1
      • Pool features: None
      • Has view: Yes
      • View description: Bay, Catalina, City Lights, Coastline, Ocean, Panoramic
      • Has water view: Yes
      • Water view: Bay,Coastline,Ocean
      • Waterfront features: Beach Access, Ocean Access, Ocean Front
      Lot
      • Size: 2,614 Square Feet
      • Features: Rectangular Lot
      Details
      • Parcel number: 04815209
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: Yes
      • Year built: 2026

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Sidewalks
      • Subdivision: Balboa Peninsula (Residential) (Balp)
      Location
      • Region: Newport Beach

      Financial & listing details

      • Price per square foot: $3,857/sqft
      • Tax assessed value: $5,138,161
      • Date on market: 6/30/2026
      • Cumulative days on market: 43 days
      • Listing terms: Cash,Cash to New Loan

        Estimated market value

        $10,421,200

        $9.90M - $10.94M

        $5,790/mo

        Price history

        DateEventPrice
        8/12/2026Contingent$10,995,000$3,857/sqft
        Source: CRMLS #OC26083583 Report a problem
        7/7/2026Listed for sale$10,995,000+131.5%$3,857/sqft
        Source: CRMLS #OC26083583 Report a problem
        1/4/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        11/10/2021Price change$7,000-53.3%$2/sqft
        Source: Zillow Rental Manager Report a problem
        11/4/2021Listed for rent$15,000$5/sqft
        Source: Zillow Rental Manager Report a problem
        10/7/2021Sold$4,750,000-1%$1,666/sqft
        Source: Public Record Report a problem
        9/29/2021Pending sale$4,800,000+9.6%$1,684/sqft
        Source: CRMLS #NP21152784 Report a problem
        4/5/2021Sold$4,380,000-6.4%$1,536/sqft
        Source: Public Record Report a problem
        1/13/2021Price change$4,680,000-2.3%$1,642/sqft
        Source: Jim Jacobs Realty #NP20236545 Report a problem
        12/31/2020Price change$4,788,000+2.3%$1,679/sqft
        Source: Jim Jacobs Realty #NP20236545 Report a problem
        12/25/2020Price change$4,682,020-2.2%$1,642/sqft
        Source: Jim Jacobs Realty #NP20236545 Report a problem
        12/17/2020Price change$4,788,000+2.3%$1,679/sqft
        Source: Jim Jacobs Realty #NP20236545 Report a problem
        12/5/2020Listed for sale$4,682,020$1,642/sqft
        Source: Jim Jacobs Realty #NP20236545 Report a problem
        11/21/2020Pending sale$4,682,020$1,642/sqft
        Source: Jim Jacobs Realty #NP20236545 Report a problem
        11/19/2020Price change$4,682,020-2.2%$1,642/sqft
        Source: Jim Jacobs Realty #NP20236545 Report a problem
        10/21/2020Listed for sale$4,788,000$1,679/sqft
        Source: California Regional MLS #NP20236545 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $5,138,161 +1.9%
        2025$53,378 +1.6%$5,040,738 +2%
        2024$52,546 +2.4%$4,941,900 +2%
        2023$51,319 +1.7%$4,845,000 +2%
        2022$50,471 +678.6%$4,750,000 +726.2%
        2021$6,482 +1%$574,944 +1%
        2020$6,418 $569,049 +2%
        2019$6,418 +2%$557,892 +2%
        2018$6,293 +3.8%$546,953 +2%
        2017$6,061 $536,229 +2%
        2016$6,061 +2.2%$525,715 +1.5%
        2015$5,927 +3.4%$517,819 +2%
        2014$5,730 $507,676 +0.5%
        2013-- $505,382 +2%
        2012-- $495,473 +2%
        2011-- $485,758 +0.8%
        2010-- $482,128 -0.2%
        2009-- $483,274 +2%
        2008-- $473,799 +2%
        2007-- $464,509 +2%
        2006-- $455,401 +2%
        2005-- $446,472 +2%
        2004-- $437,718 +1.9%
        2003-- $429,696 +2%
        2002-- $421,271 +2%
        2001$5,107 +2.2%$413,011 +2%
        2000$4,995 $404,913
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 92661

        Getting around

        68 / 100
        Somewhat Walkable
        0 / 100
        No Nearby Transit
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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