1416 E Balboa Boulevard Newport Beach, 92661

Bedrooms:
5
Bathrooms:
6
Square Feet:
3,214 sqft
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Under Contract

Virtual Tour of 1416 E Balboa Boulevard , Newport Beach 92661

Property Description

A sophisticated contemporary farmhouse that exudes a modern yet rustic charm, blending timeless, traditional elements with a sleek and bold aesthetic. With easy, fluid indoor/outdoor living this newly constructed residence within the charming Newport Beach community of Peninsula Point is positioned on an oversized lot just one home from the bay front and enjoys views of the harbor, sparking city lights, and ocean, as well. A striking exterior color palette serves as a dramatic canvas for the home, softened by exquisite landscape design. Envisioned by architect Eric Aust and crafted by Clayton Builders the thoughtfully designed five bedroom, five-and-a-half bath floor plan is steeped in bespoke finish details, with each unique living space feeling comfortable and inviting. Curated fixtures, wire-brushed White Oak millwork, honed European marble and limestone all speak to the character of the home. Light-filled rooms shine throughout the day and take on a rich, seductive glow at twilight as the sun sets over the water. Fluent living, dining and professional-grade kitchen spaces allow for relaxed living and entertaining at the beach. The stunning ocean view primary suite enjoys a private terrace, vaulted ceilings, cozy fireplace, large dressing area and tranquil spa bath. Four additional guest bedrooms one conveniently located on the first floor of the residence allow for myriad visiting family and friends. The third-floor retreat enjoys a covered ocean view entertaining loggia, and a separate covered deck with a custom, handcrafted cedar hot tub and view of Newport Harbor. Additional notable appointments of the home include two car garage with separate golf cart parking portico, antique brass outdoor beach shower, home automation, back-up residential battery system, TESLA charger, solar panels, and three fireplaces. Embodying the legendary California lifestyle, this chic coastal home has undeniable panache.

General Information

Listing Attribution:
EQTY Forbes Global Properties 949-478-7781
Listing Agent:
Tara Foster Shapiro
CalBRE#:
01892201
Price:
$7,495,000
Status:
Active Under Contract
Listing Updated:
4/2/2024
List Date:
1/25/2024
Close Date
Square Feet:
3,214
Bedrooms:
5
Bathrooms:
6
Garage Spaces:
2.00
Year Built:
2022
City:
Newport Beach
Zip:
92661
County:
Orange
MLS ID:
NP24015897
Buyer Agency Compensation:
2.000%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Home Features

Interior Features:
Built-in Features, Balcony, High Ceilings, Open Floorplan, Pantry, Stone Counters, Wired for Data, Wired for Sound, Bedroom on Main Level, Walk-In Closet(s)
Exterior Features:
Rain Gutters
Appliances:
6 Burner Stove, Built-In Range, Barbecue, Double Oven, Dishwasher, Freezer, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Water Heater, Dryer, Washer
Flooring:
See Remarks, Stone, Wood
Laundry:
Laundry Room, Upper Level
Architectural Style:
Levels:
Three Or More
Fireplace Features:
Gas Starter, Living Room, Primary Bedroom, Outside, See Remarks
Cooling:
Central Air, Zoned
Heating:
Forced Air, Natural Gas, Zoned
Utilities:
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Pool Type Features:
None
Spa Features:
See Remarks, Roof Top
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:

Community Information

MLS Area:
NP - Balboa Peninsula

Lot Information

Lot Size (sq feet):
2,700

Location Information

Directions:
East Balboa Blvd to #1416 on Peninsula Point

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

1416 E Balboa Boulevard Newport Beach CA 92661

Property Type:
Single Family Residence
Bedrooms:
5
Bathrooms:
6
Interior SqFt:
3214
Interior Stories:
3
Year Built:
2022

15 Closed Properties

Address
Distance/Miles
Closed Price
Details
0.52 Miles
$6,595,000
1.69 Miles
$3,700,000
0.83 Miles
$5,510,000
0.36 Miles
$25,050,000
1.16 Miles
$4,000,000
0.16 Miles
$11,100,000
1.48 Miles
$6,500,000
1.65 Miles
$12,350,000
1.84 Miles
$6,150,000
0.63 Miles
$6,505,000
0.74 Miles
$10,750,000
0.95 Miles
$10,200,000
1.76 Miles
$5,350,000
1.83 Miles
$5,425,000
1.19 Miles
$7,000,000

40 Active Properties

Address
Distance/Miles
Active Price
Details
0.96 Miles
$10,880,000
0.89 Miles
$18,995,000
0.92 Miles
$16,950,000
0.48 Miles
$12,995,000
1.19 Miles
$7,995,000
1.77 Miles
$5,900,000
1.35 Miles
$8,500,000
0.74 Miles
$32,900,000
0.2 Miles
$6,595,000
0.79 Miles
$21,995,000
1.95 Miles
$5,975,000
1.63 Miles
$9,295,000
0.86 Miles
$1,200,000
0.62 Miles
$8,500,000
1.86 Miles
$5,995,000
0.16 Miles
$6,995,000
0.87 Miles
$5,940,000
0.48 Miles
$6,995,000
0.87 Miles
$11,995,000
0.69 Miles
$6,995,000
0.85 Miles
$6,795,000
1.77 Miles
$4,645,000
1.93 Miles
$13,950,000
1.72 Miles
$9,495,000