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Sold for $5,399,000
  • Listed by: Coldwell Banker Realty • Tracy Bowie • Contact: 949-644-1600
    Bought with: EQTY Forbes Global Properties
    $5,399,000

    1307 E Balboa Blvd, Newport Beach, CA 92661

    3beds
    1,682sqft
    Single Family Residence
    Built in 1924
    2,400 Square Feet Lot
    $6,394,500 Zestimate®
    $3,210/sqft
    $7,011 Estimated rent

    Home value

    $6,394,500

    $5.56M - $7.35M

    $7,011/mo

    Zestimate® history
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    What's special

    Close proximitySandy shoresBay front homesShopping destinationsLido marina village
    This Oceanfront cottage is on the market for first time in 45 years. Situated in one of the most coveted blocks, where bay front homes grace the opposite side of the street, this is a gem. Tucked away at the end of the boardwalk it feels quiet and private, this charming retreat, a 3-bed/3-bath bungalow, has captivating ocean views and refreshing breezes. With direct access to the boardwalk and sandy shores, this home embraces living at the beach. A rare chance to own a classic, vintage beach house or seize the opportunity to build your own oceanfront home in this highly sought-after location. The Balboa Peninsula epitomizes the very essence of coastal living at its finest. Indulge in all activities that the beach and bay have to offer, from exhilarating water sports to leisurely seaside strolls. With the main channel of Newport Harbor, the renowned Wedge, Balboa Village and Ferry, Lido Marina Village, and a plethora of world-class dining and shopping destinations in close proximity, you'll find yourself immersed in a vibrant coastal community that caters to every aspect of your lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracy Bowie DRE #01234314 949-644-1600,

    Coldwell Banker Realty

    Bought with:

    Tara Foster Shapiro, DRE #01892201

    EQTY Forbes Global Properties

    Source: CRMLS,MLS#: NP23120836MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Primary Bathroom, Other
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Separate Shower, Walk-In Shower
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Included: Gas Range, Gas Water Heater
    • Laundry: In Garage
    Features
    • Ceramic Counters, Granite Counters, Track Lighting, Bedroom on Main Level, Walk-In Closet(s)
    • Flooring: Carpet, Tile, Wood
    • Windows: Screens, Wood Frames
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,682 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Door-Multi, Garage, Garage Door Opener, Off Street, Garage Faces Rear
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Low Pile Carpet
    Features
    • Levels: One
    • Stories: 1
    • Entry location: ground level
    • Patio & porch: Brick
    • Pool features: None
    • Spa features: None
    • Fencing: Brick,Masonry
    • Has view: Yes
    • View description: Catalina, Coastline, Ocean, Water
    • Has water view: Yes
    • Water view: Coastline,Ocean,Water
    • Waterfront features: Beach Access, Beach Front, Ocean Access, Ocean Front
    Lot
    • Size: 2,400 Square Feet
    • Dimensions: 30 x 80
    • Features: Sprinkler System
    Details
    • Parcel number: 04816404
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow,Cottage
    • Property subtype: Single Family Residence
    Materials
    • Brick, Drywall, Plaster, Shingle Siding, Stucco
    • Foundation: Raised
    • Roof: Asbestos Shingle,Shingle
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Electric: 220 Volts in Laundry
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $3,210/sqft
    • Tax assessed value: $5,617,119
    • Date on market: 7/12/2023
    • Cumulative days on market: 37 days
    • Listing terms: 1031 Exchange
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/7/2023Sold$5,399,000-1.8%$3,210/sqft
    Source: CRMLS #NP23120836 Report a problem
    8/21/2023Pending sale$5,499,000$3,269/sqft
    Source: CRMLS #NP23120836 Report a problem
    7/12/2023Listed for sale$5,499,000$3,269/sqft
    Source: CRMLS #NP23120836 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $5,617,119 +2%
    2025$58,258 +1.6%$5,506,980 +2%
    2024$57,350 +678.7%$5,399,000 +727.3%
    2023$7,364 +1.8%$652,601 +2%
    2022$7,237 +1.9%$639,805 +2%
    2021$7,101 +1%$627,260 +1%
    2020$7,032 $620,829 +2%
    2019$7,032 +2%$608,656 +2%
    2018$6,895 +3.8%$596,722 +2%
    2017$6,643 $585,022 +2%
    2016$6,643 +2.2%$573,551 +1.5%
    2015$6,498 +3.4%$564,936 +2%
    2014$6,284 $553,870 +0.5%
    2013-- $551,367 +2%
    2012-- $540,556 +2%
    2011-- $529,957 +0.8%
    2010-- $525,997 -0.2%
    2009-- $527,248 +2%
    2008-- $516,910 +2%
    2007-- $506,775 +2%
    2006-- $496,839 +2%
    2005-- $487,098 +2%
    2004-- $477,548 +1.9%
    2003-- $468,796 +2%
    2002-- $459,604 +2%
    2001$5,554 +2.2%$450,593 +2%
    2000$5,433 $441,758
    Find assessor info on the county website

    Neighborhood: 92661

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Newport
    • Middle: Ensign
    • High: Newport Harbor

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $6,394,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $6,394,500