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For sale
  • Listed by: Poelstra Properties • Julie Poelstra • Contact: 949-903-1591
    Price cut: $250K (8/4)
    $5,638,000

    1617 E Balboa Blvd, Newport Beach, CA 92661

    4beds
    2,078sqft
    : 
    $36,914/mo
    Get pre-qualified
    Single Family Residence
    Built in 1929
    3,080 Square Feet Lot
    $5,416,500 Zestimate®
    $2,713/sqft
    $-- HOA

    What's special

    PRICE REDUCTION, Tucked into the quiet, coveted enclave of The Peninsula Point, this classic Cape Cod offers timeless charm just steps from the sand, walk to the famous surfing point, The Wedge or the Balboa Village. Owned by the same family since 1992 and never rented, this 4 bedroom, 3 bath residence has been maintained and thoughtfully updated over the years. Beamed ceilings, crown molding, and warm wood flooring set the tone throughout. The kitchen has been updated featuring new quartz's countertops, a 6-burner Viking range, and a double oven, makes this home functional as it is beautiful. A main floor bedroom and bath add flexibility, while the primary suite upstairs offers a private retreat which includes a private deck overlooking the courtyard. The primary bathroom included duel sinks and heated floors. Outside, a brick, concrete patio framed by mature landscaping a perfect setting for indoor-outdoor living. The great room has high ceiling, beams with a gas fireplace, perfect for family gatherings. The home includes a 2 car garage. This true Cap Cod beauty has character throughout and a rare opportunity to own a piece of the Peninsula Point.
    30 days
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    963
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    35
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    Zillow last checked:

    Listing updated:

    Listed by:

    Julie Poelstra DRE #01246274 949-903-1591,

    Poelstra Properties,

    Renee Farmanfarmai DRE #01489350,

    Poelstra Properties

    Source: CRMLS,MLS#: NP26146717MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Bedroom, Great Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Office, Dining Room
      Primary bedroom
      • Features: Primary Suite
      Bedroom
      • Features: Bedroom on Main Level
      Bathroom
      • Features: Bathtub, Closet, Dual Sinks, Enclosed Toilet, Heated Floor, Separate Shower, Tub Shower
      Kitchen
      • Features: Quartz Counters, Remodeled, Updated Kitchen
      Kitchen
      • Features: Galley Kitchen
      Heating
      • Central
      Cooling
      • None
      Appliances
      • Included: 6 Burner Stove, Built-In Range, Double Oven, Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Water To Refrigerator, Water Heater
      • Laundry: In Kitchen, Stacked
      Features
      • Beamed Ceilings, Ceiling Fan(s), Crown Molding, Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Pull Down Attic Stairs, Recessed Lighting, Unfurnished, Bedroom on Main Level, Galley Kitchen, Primary Suite
      • Flooring: Carpet, Tile, Wood
      • Windows: Plantation Shutters
      • Has fireplace: Yes
      • Fireplace features: Gas, Great Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 2,078 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage Faces Rear
      • Attached garage spaces: 2
      • Carport spaces: 2
      • Covered spaces: 4
      Accessibility
      • Accessibility features: Accessible Doors
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Front Door
      • Patio & porch: Rear Porch, Brick, Concrete, Deck, Patio
      • Pool features: None
      • Spa features: None
      • Fencing: Good Condition,Wood
      • Has view: Yes
      • View description: None
      Lot
      • Size: 3,080 Square Feet
      • Features: 0-1 Unit/Acre, Sprinklers In Front, Landscaped, Sprinklers Timer, Sprinkler System, Street Level
      Details
      • Parcel number: 04819110
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cape Cod
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Pillar/Post/Pier, Raised
      • Roof: Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1929

      Utilities & green energy

      • Electric: Electricity - On Property
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Features: Biking, Street Lights, Sidewalks
      • Subdivision: Balboa Peninsula Point (Blpp)
      Location
      • Region: Newport Beach

      Financial & listing details

      • Price per square foot: $2,713/sqft
      • Tax assessed value: $732,906
      • Annual tax amount: $8,012
      • Date on market: 7/15/2026
      • Cumulative days on market: 30 days
      • Listing terms: Conventional

        Estimated market value

        $5,416,500

        $5.15M - $5.69M

        $7,757/mo

        Price history

        DateEventPrice
        8/4/2026Price change$5,638,000-4.2%$2,713/sqft
        Source: CRMLS #NP26146717 Report a problem
        7/16/2026Listed for sale$5,888,000+1208.4%$2,833/sqft
        Source: CRMLS #NP26146717 Report a problem
        12/23/1996Sold$450,000$217/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,012 +1.7%$732,906 +2%
        2024$7,880 +2.5%$718,536 +2%
        2023$7,691 +1.8%$704,448 +2%
        2022$7,559 +1.9%$690,636 +2%
        2021$7,414 +1%$677,095 +1%
        2020$7,342 $670,153 +2%
        2019$7,342 +2.1%$657,013 +2%
        2018$7,194 +3.9%$644,131 +2%
        2017$6,926 $631,501 +2%
        2016$6,926 +2.3%$619,119 +1.5%
        2015$6,772 +3.4%$609,820 +2%
        2014$6,547 $597,875 +0.5%
        2013-- $595,173 +2%
        2012-- $583,503 +2%
        2011-- $572,062 +0.8%
        2010-- $567,787 -0.2%
        2009-- $569,137 +2%
        2008-- $557,978 +2%
        2007-- $547,038 +2%
        2006-- $536,312 +2%
        2005-- $525,797 +2%
        2004-- $515,488 +1.9%
        2003-- $506,041 +2%
        2002-- $496,119 +2%
        2001$4,957 +2.6%$486,392 +2%
        2000$4,831 $476,855
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        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

        40 / 100
        Car-Dependent
        12 / 100
        Minimal Transit
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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