1103 Balboa Ave Newport Beach, CA 92662

$4,875,000
4 beds
3 full, 1 partial
2,400 sqft
0.06 acres
$2,031 / sqft
House

Property details

About 1103 Balboa Ave

Corner Unit! Welcome to your dream home on Balboa Island! This newly remodeled 3-bedroom, 3-bathroom residence offers 2,042 square feet of luxurious living space, seamlessly blending classic charm with contemporary elegance. Step inside to discover an open floor plan, filled with natural light and adorned with high-end finishes. The gourmet kitchen features top-of-the-line appliances, custom cabinetry, and a spacious island, perfect for entertaining. The living area boasts a cozy fireplace and flows effortlessly into the dining space, ideal for hosting family and friends. Upstairs, the primary suite is a serene oasis, complete with a spa-like en-suite bathroom where you can enjoy tranquil island vibes. The two additional bedrooms are generously sized, offering comfort and style for family or guests. Adding to the appeal, this property includes a fully permitted ADU (Accessory Dwelling Unit - 358 SQFT.), providing an excellent opportunity for rental income, a guest suite, or a private office space. Located in the heart of Balboa Island, this home is just steps away from the waterfront, charming shops, and delightful dining options. Don't miss the chance to own a piece of paradise with modern amenities in one of Newport Beach's most sought-after communities!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,400 sqft
Lot size0.06 Acres
Year built2024
ParkingDoor-Single, Garage
MLS #OC24237805
Attached garage2 spaces
FireplaceFamily Room

Summary

  • MLS Number: OC24237805
  • MLS Name: CRMLS
  • Office Name: Vetta Realty
  • Office Phone: (949) 877-6719
  • Listing Agent: Omar Ronald Aljazzar

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 1:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

dining area featuring light hardwood / wood-style floors, a healthy amount of sunlight, and sink

$4,875,000

1103 Balboa Ave

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2021$354,276$4,155
2020$350,644$4,113
2019$343,769$3,958
2018$337,029$3,958
2017$330,421$3,888

History based on county public records data.

Nearby schools

9

Harbor View Elementary School

Public District KG-6

1.3 mi

900 Goldenrod Ave

8

Newport Elementary School

Public District KG-6

1.5 mi

1327 W Balboa Blvd

8

Lincoln Elementary School

Public District KG-6

1.8 mi

3101 Pacific View Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $97,018. The majority of Newport Beach, CA residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

17%
<35k
35%
35k-100k
29%
100k-200k
19%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

57%
Single, No Kids
4%
Single, with Kids
32%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
5%
12-17 yrs old
14%
18-34 yrs old
40%
35-64 yrs old
36%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • CadillacCadillac
  • LexusLexus
  • MazdaMazda

What do the neighbors listen to?

  • ClassicalClassical
  • NewsNews
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 1103 Balboa Ave

This home is located at 1103 Balboa Ave in Newport Beach, CA and zip code 92662 in the Balboa Island neighborhood. This 2,400 square foot home, which was built in 2024, sits on a 0.06 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $4,875,000.

In December 2024 more than 8 listings in Newport Beach, CA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 46 were sold below. Between November and December 2024, Newport Beach, CA real estate market has seen decrease in the number of listings by 7.4%. While the average time on the market in December 2024 was 54 days, the median list price was $3,526,690.

From Rocket Homes Real Estate and based on county public records data.

More resources