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New construction
    • Listed by: Pacific Sotheby's Int'l Realty • Kimberly Bibb • Contact: 714-396-0185
    $6,895,000

    503 L St, Newport Beach, CA 92661

    4beds
    3,148sqft
    : 
    $45,364/mo
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    Single Family Residence
    Built in 2018
    3,523 Square Feet Lot
    $6,691,900 Zestimate®
    $2,190/sqft
    $-- HOA

    What's special

    View balconyGourmet kitchenPrivate primary suiteMoments from the oceanThird-level california roomWolf appliancesRefined california coastal aesthetic
    Tranquil coastal living meets elevated design at 503 L Street, ideally situated on Peninsula Point just a few homes from the bay and moments from the ocean. This thoughtfully designed three-level residence offers four bedrooms and four and a half bathrooms, with a bright, open-concept main level that captures a refined California coastal aesthetic through soaring ceilings and seamless indoor-outdoor flow. Every detail has been carefully curated, from the elevator that goes to all three levels to the marble countertops and wide-plank oak flooring throughout. The gourmet kitchen is both functional and beautifully appointed, featuring custom cabinetry, Wolf appliances, and a Sub-Zero panel-ready refrigerator and freezer. The private primary suite serves as a true retreat, complete with a fireplace, view balcony, and a spacious, spa-like bath. Designed for effortless entertaining, the third-level California Room includes a wet bar and opens to a rooftop deck with sweeping city lights and coastal views. A two-car garage completes this exceptional offering, delivering both convenience and a highly coveted Peninsula Point lifestyle.
    76 days
    |
    1,000
    |
    44
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Bibb DRE #01210754 714-396-0185,

    Pacific Sotheby's Int'l Realty,

    Lauren Bibb DRE #02144501,

    Pacific Sotheby's Int'l Realty

    Source: CRMLS,MLS#: NP26105485MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Bathroom, Bonus Room, Bedroom, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other, Pantry, Dining Room
      Bedroom
      • Features: All Bedrooms Up
      Bathroom
      • Features: Jack and Jill Bath
      Bathroom
      • Features: Bathtub, Closet, Dual Sinks, Enclosed Toilet, Linen Closet, Stone Counters, Soaking Tub, Separate Shower, Walk-In Shower
      Kitchen
      • Features: Kitchen Island, Kitchen/Family Room Combo, Pots & Pan Drawers, Stone Counters, Walk-In Pantry
      Other
      • Features: Walk-In Closet(s)
      Pantry
      • Features: Walk-In Pantry
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: 6 Burner Stove, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Water Heater
      • Laundry: Inside, Laundry Room
      Features
      • Wet Bar, Built-in Features, Balcony, Dry Bar, Separate/Formal Dining Room, Eat-in Kitchen, Elevator, High Ceilings, Living Room Deck Attached, Pantry, Stone Counters, All Bedrooms Up, Jack and Jill Bath, Walk-In Pantry, Walk-In Closet(s)
      • Flooring: Carpet, Wood
      • Doors: Sliding Doors
      • Has fireplace: Yes
      • Fireplace features: Living Room, Primary Bedroom
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 3,148 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Direct Access, Garage, Garage Faces Rear
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: Safe Emergency Egress from Home, Parking
      Features
      • Levels: Three Or More
      • Stories: 3
      • Entry location: 1
      • Patio & porch: Deck, Enclosed, Rooftop, See Remarks
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: City Lights
      Lot
      • Size: 3,523 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 04824041
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Custom
      • Property subtype: Single Family Residence
      Condition
      • Turnkey
      • New construction: Yes
      • Year built: 2018
      Details
      • Builder name: Rincon Homes, Inc.

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Biking, Curbs, Dog Park, Park, Sidewalks, Water Sports
      • Security: Prewired
      • Subdivision: Balboa Peninsula Point (Blpp)
      Location
      • Region: Newport Beach

      Financial & listing details

      • Price per square foot: $2,190/sqft
      • Tax assessed value: $4,101,172
      • Annual tax amount: $43,374
      • Date on market: 5/14/2026
      • Cumulative days on market: 76 days
      • Listing terms: Cash to New Loan
      • Road surface type: Paved

        Estimated market value

        $6,691,900

        $6.36M - $7.03M

        $7,768/mo

        Price history

        DateEventPrice
        5/15/2026Listing removed$19,500$6/sqft
        Source: CRMLS #NP26029912 Report a problem
        5/14/2026Listed for sale$6,895,000+83.9%$2,190/sqft
        Source: CRMLS #NP26105485 Report a problem
        4/9/2026Price change$19,500-7.1%$6/sqft
        Source: CRMLS #NP26029912 Report a problem
        2/15/2026Listed for rent$21,000$7/sqft
        Source: CRMLS #NP26029912 Report a problem
        11/18/2019Sold$3,750,000$1,191/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$43,374 +1.6%$4,101,172 +2%
        2024$42,700 +2.4%$4,020,757 +2%
        2023$41,703 +1.7%$3,941,919 +2%
        2022$41,015 +2%$3,864,627 +2%
        2021$40,228 -13.4%$3,788,850 +1%
        2020$46,428 +16.5%$3,750,000 +37.8%
        2019$39,842 +37.5%$2,721,285 +28.4%
        2018$28,970 $2,119,010
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92661

        Getting around

        22 / 100
        Car-Dependent
        16 / 100
        Minimal Transit
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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