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Off market
  • $2,313,100

    121 E Balboa Blvd, Newport Beach, CA 92661

    2beds
    600sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $2,313,100 Zestimate®
    $3,855/sqft
    $4,747 Estimated rent

    Home value

    $2,313,100

    $2.04M - $2.66M

    $4,747/mo

    Zestimate® history
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    $14,492/mo

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    What's special

    Welcome to a fully renovated classic Balboa Peninsula cottage, ideally located just one house from the sand in one of Southern California's most iconic beach neighborhoods. Thoughtfully updated while preserving its coastal charm, this approximately 600 sq ft home offers the perfect blend of comfort, style, and location. Situated on the historic Balboa Peninsula, you're steps from the beach, ocean breezes, and the laid-back lifestyle that makes Newport Beach so special. The home features two fully furnished bedrooms and one updated bathroom, all designed to maximize space and natural light. The gourmet kitchen is both functional and stylish, anchored by a Viking gas range and stocked with All-Clad cookware and essential kitchen items, making it easy to cook and entertain at home. For work-from-home travelers, the home includes a dedicated workspace with a desk and high-speed internet, allowing you to stay productive without sacrificing location. Step outside and unwind after a day at the beach in your private outdoor patio, designed for relaxing and entertaining. Enjoy the natural gas Lynx grill for easy dinners, then gather around the natural gas fire pit with comfortable seating perfect for evenings spent winding down or hosting friends. Additional conveniences include a private washer and dryer, and the home comes fully furnished so you can settle in immediately. Highlights include: Fully renovated Balboa cottage One house from the sand High-end finishes and thoughtful design Dedicated workspace with high-speed internet Private outdoor patio with fire pit and grill Walkable access to the beach and peninsula lifestyle From morning beach walks to productive workdays and relaxed evenings by the fire, this cottage offers an ideal coastal escape. Experience the best of California steps from the sand and ready to enjoy. Furnished Rental. One month minimum lease. All utilities included. Pets considered.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Heat Pump
    Cooling
    • Wall Unit
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    • Furnished: Yes
    Interior area
    • Total interior livable area: 600 sqft

    Property

    Parking
    • Details: Contact manager
    Features
    • Exterior features: Utilities included in rent
    Details
    • Parcel number: 04807416

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $5,000
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $3,855/sqft
    • Tax assessed value: $1,421,738
    • Annual tax amount: $15,456
    • Date on market: 3/25/2026
    • Date available: 05/12/2026
    • Lease term: Sublet/Temporary

    Price history

    DateEventPrice
    4/1/2026Listing removed$6,950$12/sqft
    Source: CRMLS #OC26064602 Report a problem
    3/25/2026Listed for rent$6,950$12/sqft
    Source: CRMLS #OC26064602 Report a problem
    5/21/2012Sold$825,000-0.5%$1,375/sqft
    Source: Public Record Report a problem
    5/6/2012Listed for sale$829,000$1,382/sqft
    Source: ASSOCIATED REALTY SERVICE #U12001812 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,456 -0.8%$1,421,738 +2%
    2024$15,574 +0.8%$1,393,861 +2%
    2023$15,456 +2.2%$1,366,531 +2%
    2022$15,126 -20.7%$1,339,737 +2%
    2021$19,073 +70.3%$1,313,468 +38.6%
    2020$11,198 $947,513 +2%
    2019$11,198 +1.8%$928,935 +2%
    2018$10,998 +3%$910,721 +2%
    2017$10,681 $892,864 +2%
    2016$10,681 +2%$875,357 +1.5%
    2015$10,471 +1.7%$862,209 +2%
    2014$10,299 $845,320 +0.5%
    2013-- $841,500 +1126.1%
    2012-- $68,631 +2%
    2011-- $67,286 +0.8%
    2010-- $66,784 -0.2%
    2009-- $66,943 +2%
    2008-- $65,631 +2%
    2007-- $64,345 +2%
    2006-- $63,084 +2%
    2005-- $61,848 +2%
    2004-- $60,636 +1.9%
    2003-- $59,525 +2%
    2002-- $58,358 +2%
    2001$706 +2.5%$57,214 +2%
    2000$689 $56,093
    Find assessor info on the county website

    Neighborhood: 92661

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,313,100
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    Estimated market value
    $2,313,100