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Sold for $5,200,000
    • Listed by: Christie's International R.E. Southern California • Phillip Caruso • Contact: 310-893-8300
    Bought with: Pacific Sotheby's Int'l Realty
    $5,200,000

    1309 E Balboa Blvd, Newport Beach, CA 92661

    3beds
    1,316sqft
    Single Family Residence
    Built in 1916
    2,400 Square Feet Lot
    $5,278,200 Zestimate®
    $3,951/sqft
    $6,189 Estimated rent

    Home value

    $5,278,200

    $4.86M - $5.75M

    $6,189/mo

    Zestimate® history
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    What's special

    Quiet untouched feelTraditional cottagePeaceful private settingOceanfront cottageEnd of the boardwalk
    Ideally located in the prestigious Peninsula Point neighborhood, just moments from the Wedge, this charming oceanfront cottage offers a rare chance to embrace the Newport Beach lifestyle. With breathtaking views of the ocean and Catalina Island, the home enjoys a peaceful, private setting at the end of the boardwalk—an unparalleled location. Originally built around 1915, this traditional cottage is now available for the first time in decades. Nestled in one of Newport’s most iconic beach areas, the property maintains a quiet, untouched feel, making it a true hidden gem. Whether you're swimming, enjoying a beach picnic, or taking a daily stroll along the shore, you'll immediately sense the tranquility and charm of this home. Perfect as it is, the cottage also offers potential for future expansion, renovation, or the creation of a completely new home. Lovingly cared for by the same family since the 1980s, this property provides endless possibilities for those seeking the best in beachside living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Phillip Caruso DRE #01934516 949-293-7334,

    Christie's International R.E. Southern California,

    Mitch Bassett DRE #02141643 310-266-3286,

    Carolwood Estates

    Bought with:

    Kimberly Bibb, DRE #01210754

    Pacific Sotheby's Int'l Realty

    Source: CRMLS,MLS#: NP25024912MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Entry/Foyer, Kitchen
    Bedroom
    • Features: Bedroom on Main Level
    Cooling
    • None
    Appliances
    • Included: Gas Oven
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, See Remarks
    Features
    • Eat-in Kitchen, Bedroom on Main Level
    • Flooring: Carpet, Tile
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,316 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Concrete, Garage, Garage Faces Rear
    • Garage spaces: 2
    • Uncovered spaces: 1
    Accessibility
    • Accessibility features: See Remarks
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Fencing: Good Condition,See Remarks,Vinyl
    • Has view: Yes
    • View description: Coastline, Ocean, Panoramic, Water
    • Has water view: Yes
    • Water view: Coastline,Ocean,Water
    • Waterfront features: Beach Access, Beach Front, Ocean Front, Ocean Side Of Highway
    Lot
    • Size: 2,400 Square Feet
    • Features: 0-1 Unit/Acre, Street Level
    Details
    • Parcel number: 04816405
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Other, Stucco
    • Foundation: See Remarks
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1916

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, See Remarks

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $3,951/sqft
    • Tax assessed value: $1,679,954
    • Annual tax amount: $18,440
    • Date on market: 2/17/2025
    • Cumulative days on market: 29 days
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    4/1/2025Sold$5,200,000-11.8%$3,951/sqft
    Source: CRMLS #NP25024912 Report a problem
    3/29/2025Pending sale$5,899,000$4,483/sqft
    Source: CRMLS #NP25024912 Report a problem
    3/24/2025Contingent$5,899,000$4,483/sqft
    Source: CRMLS #NP25024912 Report a problem
    2/17/2025Listed for sale$5,899,000$4,483/sqft
    Source: CRMLS #NP25024912 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,440 +4.1%$1,679,954 +2%
    2024$17,722 +2.4%$1,647,014 +2%
    2023$17,307 +1.7%$1,614,720 +2%
    2022$17,019 +1.9%$1,583,059 +2%
    2021$16,693 +1%$1,552,019 +1%
    2020$16,533 $1,536,105 +2%
    2019$16,533 +2.1%$1,505,986 +2%
    2018$16,193 +3.9%$1,476,457 +2%
    2017$15,591 $1,447,507 +2%
    2016$15,591 +2.3%$1,419,125 +1.5%
    2015$15,242 +3.4%$1,397,809 +2%
    2014$14,742 $1,370,428 +0.5%
    2013-- $1,364,235 +2%
    2012-- $1,337,486 +2%
    2011-- $1,311,261 +0.8%
    2010-- $1,301,461 -0.2%
    2009-- $1,304,553 +2%
    2008-- $1,278,974 +2%
    2007-- $1,253,897 +2%
    2006-- $1,229,311 +2%
    2005-- $1,205,207 +2%
    2004-- $1,181,576 +1.9%
    2003-- $1,159,921 +2%
    2002-- $1,137,178 +2%
    2001$12,262 +2.4%$1,114,881 +2%
    2000$11,971 $1,093,021
    Find assessor info on the county website

    Neighborhood: 92661

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    Estimated market value
    $5,278,200
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    Estimated market value
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