This exceptional, recently completed (2022) three-level residence on the Newport Beach peninsula offers a rare live-work opportunity. The ground floor features a versatile commercial space or home office with a dedicated bathroom. The second level boasts a spacious living area, a gourmet kitchen with island seating, two secondary bedrooms, each with their own separate bathroom. The entire third floor is dedicated to the primary suite, including en-suite bathroom, and walk-in closet. A large open deck on this level provides an ideal space for entertaining and showcases panoramic views of Fashion Island, Newport Coast, and the Newport Beach coastline. Completing this desirable property is a two-car-attached garage plus two additional parking spaces.
Sold for $3,750,000
Listed by: Windsor Inv., Inc. • Tom Williams • Contact: 714-423-6681
Bought with: Arbor Real Estate
$3,750,000
502 W Balboa Blvd, Newport Beach, CA 92661
3beds
2,482sqft
Mixed Use
Built in 2022
2,082 Square Feet Lot
$3,797,000 Zestimate®
$1,511/sqft
$6,579 Estimated rent
Home value
$3,797,000
$3.49M - $4.14M
$6,579/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Tom Williams DRE #00766458 714-423-6681,
Windsor Inv., Inc.
Bought with:
Shelly Angel, DRE #02147705
Arbor Real Estate
Source: CRMLS,MLS#: PW25117348
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Office, Other
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: All Bedrooms Up
Kitchen
- Features: Kitchen Island
Other
- Features: Walk-In Closet(s)
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Washer
- Laundry: Laundry Closet
Features
- All Bedrooms Up, Primary Suite, Walk-In Closet(s)
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 2,482 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Entry location: First Floor
- Pool features: None
- Has view: Yes
- View description: Coastline, Ocean, Panoramic
- Has water view: Yes
- Water view: Coastline,Ocean
Lot
- Size: 2,082 Square Feet
- Features: Level
Details
- Parcel number: 04807118
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks
- Subdivision: Balboa Peninsula (Residential) (Balp)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,511/sqft
- Date on market: 5/27/2025
- Cumulative days on market: 182 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/30/2026 | Listing removed | $13,500$5/sqft |
Source: CRMLS #NP26039532 Report a problem | ||
| 3/17/2026 | Price change | $13,500-3.6%$5/sqft |
Source: CRMLS #NP26039532 Report a problem | ||
| 2/23/2026 | Listed for rent | $14,000$6/sqft |
Source: CRMLS #NP26039532 Report a problem | ||
| 10/2/2025 | Sold | $3,750,000-4.5%$1,511/sqft |
Source:  CRMLS #PW25117348 Report a problem | ||
| 8/26/2025 | Contingent | $3,925,000$1,581/sqft |
Source: CRMLS #PW25117348 Report a problem | ||
| 5/27/2025 | Listed for sale | $3,925,000+142.7%$1,581/sqft |
Source: CRMLS #PW25117348 Report a problem | ||
| 5/16/2018 | Sold | $1,617,000+84.8%$651/sqft |
Source: Agent Provided Report a problem | ||
| 5/7/2018 | Pending sale | $875,000$353/sqft |
Source: Villa Real Estate #NP17057077 Report a problem | ||
| 3/2/2018 | Listed for sale | $875,000$353/sqft |
Source: Villa Real Estate #NP17057077 Report a problem | ||
| 1/22/2018 | Pending sale | $875,000$353/sqft |
Source: Villa Real Estate #NP17057077 Report a problem | ||
| 12/2/2017 | Price change | $875,000-10.3%$353/sqft |
Source: Villa Real Estate #NP17057077 Report a problem | ||
| 3/20/2017 | Listed for sale | $975,000$393/sqft |
Source: Villa Real Estate #NP17057077 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92661
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Nearby schools
GreatSchools rating
- 8/10Newport Elementary SchoolGrades: K-6Distance: 0.7 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 1.2 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$3,797,000
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Estimated market value
$3,797,000
- California
- Orange County
- Newport Beach
- 92661
- 502 W Balboa Blvd
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