#OC25039804, Jeffrie Jimenez, Listing Office: Jeffrie Jimenez, Broker
#NP25008924·
Listing office: Pacific Sotheby's Int'l Realty·
Listing agent: Kimberly Bibb·
Listing office phone: 714-396-0185
$7,395,000 List price
501 L St Newport Beach, CA 92661
4 beds
5 full, 1 partial
3,275 sqft
0.08 acres
$2,258 / sqft
House
Property details
About 501 L St
Gracing a premier location just a short walk from the bay and ocean, 501 L Street offers a wonderful opportunity to own a home in the exclusive Balboa Peninsula Point community. Casual seaside living can be found on all three levels boasting high vaulted ceilings and inviting, sunlit rooms. This 4 bedroom, 5.5 bathroom home spans over 3,200 sqft, offering quality craftsmanship and attention to detail curated by Serendipite Design. The floor plan allows for carefree living or elegant entertaining on each level. The main living area on the first floor includes a living room with a fireplace, an open chef's kitchen, stunning island, spacious dining area, laundry/storage room, and a mud room. A media room, full bathroom, and spacious deck can be found on the third floor - the perfect place to take in the ocean breeze while enjoying the city lights and expansive views. This corner lot location allows for beautiful bright light to shine into most windows of the house. Capturing the simplicity of beach living combined with elegant entertaining - 501 L Street is a perfect full-time residence or beach retreat in a prime location.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air
Size3,275 sqft
Lot size0.0806 Acres
Year built2018
MLS #NP25008924
Attached garage2 spaces
FireplaceLiving Room, Primary Bedroom
ViewCity Lights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 5
- Appliances: Stove, Dishwasher, Disposal
- Flooring Type: Wood
- Interior: Separate/Formal Dining Room, Eat-in Kitchen, Pantry, All Bedrooms Up, Walk-In Pantry, Walk-In Closet(s)
- Fireplace: Living Room, Primary Bedroom
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- View: City Lights
- Heating: Forced Air
- Cooling: Central Air
- List Price: $7,395,000
- Price/SqFt: $2,258
- Annual Tax Amount: $46,423
- Tax Year: 2024
- Directions: Balboa Blvd. To L Street.
- Year Built: 2018
- Stories: 3
- Living Area: 3,275 SqFt
- Lot Size: 0.0806 Acres
- MLS Number: NP25008924
- MLS Name: CRMLS
- Office Name: Pacific Sotheby's Int'l Realty
- Office Phone: (714) 396-0185
- Listing Agent: Kimberly Bibb
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: 5/6/2025, 11:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$7,395,000
501 L St
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 23, 2019 | Home Sold | $4,000,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $4,374,583 | $46,423 |
| 2023 | $4,288,807 | $45,339 |
| 2022 | $4,204,713 | $44,592 |
| 2021 | $4,122,268 | $43,735 |
| 2020 | $4,080,000 | $43,316 |
| 2019 | $2,878,696 | $22,699 |
History based on county public records data.
Nearby schools
9
Harbor View Elementary School
Public District KG-6
1.0 mi
•900 Goldenrod Ave
8
Abraham Lincoln Elementary School
Public District KG-6
1.6 mi
•3101 Pacific View Dr
8
Newport Elementary School
Public District KG-6
1.9 mi
•1327 W Balboa Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $133,019. Typical income of Newport Beach, CA residents is between $100k-200k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
4%
<35k
30%
35k-100k
33%
100k-200k
33%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
5%
Single, with Kids
41%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
7%
12-17 yrs old
11%
18-34 yrs old
43%
35-64 yrs old
30%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Hiking/backpacking
Men's Tennis
Where do the neighbors shop?
Chico's
Nordstrom Rack
Bloomingdales
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
California Pizza Kitchen
What do the neighbors drive?
Cadillac
Mazda
Lexus
What do the neighbors listen to?
Classical
Rock
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 501 L St
The listing price of 501 L St property is $7,395,000.
The property 501 L St is a house located in Newport Beach, California, 92661.
Accepting Backup Offers: 501 L St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 501 L St are: Harbor View Elementary School (GreatSchools Rating 9/10), Abraham Lincoln Elementary School (GreatSchools Rating 8/10), Newport Elementary School (GreatSchools Rating 8/10), Horace Ensign Intermediate School (GreatSchools Rating 8/10), Vista Verde K-8 School (GreatSchools Rating 9/10), Rancho San Joaquin Middle School (GreatSchools Rating 8/10), Newport Harbor High School (GreatSchools Rating 7/10), Corona Del Mar Middle and High School (GreatSchools Rating 8/10), Early College High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $46,423 (source: MLS/based on county public records data).
The last sale was on January 23, 2019 for $4,000,000 (source: MLS/tax record).
The property at 501 L St has 4 bedrooms and 5 full and 1 half bathrooms.
The property 501 L St is 3,275 SqFt (source: MLS/tax record).
The year of construction for 501 L St is 2018.
This home is located at 501 L St in Newport Beach, CA and zip code 92661 in the Balboa Peninsula neighborhood. This 3,275 square foot home, which was built in 2018, sits on a 0.08 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 11, 2025 and is currently priced at $7,395,000.
In April 2025 more than 8 listings in Newport Beach, CA were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 64 were sold below. The number of homes for sale in Newport Beach, CA increased by 6.9% between March and April 2025. In April 2025 median list price was $3,600,000 and the average listing age was 41 days.
From Rocket Homes Real Estate and based on county public records data.