




1123 E Balboa Blvd, Newport Beach, CA, 92661
About This Home
Introducing a rare opportunity to own a brand-new oceanfront residence on the highly coveted Balboa Peninsula. Thoughtfully designed and expertly curated, this 4-bedroom, 6.5-bathroom home spans approximately 2,851 square feet and blends timeless coastal architecture with refined, modern finishes. From the moment you enter, the home showcases an elevated yet relaxed aesthetic, featuring custom white oak cabinetry, soft plaster finishes, and a sophisticated mix of natural stone, handcrafted tile, and warm textural elements. The chef’s kitchen is both functional and striking, complete with premium appliances, custom millwork, and a seamless connection to the main living spaces—perfectly positioned to capture sweeping ocean views. Each bedroom is ensuite, offering privacy and comfort, while the primary suite is a true retreat with a spa-inspired bath, layered textures, and serene coastal tones. Throughout the home, curated lighting, designer fixtures, and bespoke details create a cohesive and luxurious living experience. One of the home’s most exceptional features is the expansive rooftop deck, offering panoramic ocean and bay views—an ideal setting for entertaining, relaxing, and enjoying Newport’s iconic sunsets. Located directly on the sand, 1123 E. Balboa delivers the ultimate coastal lifestyle with immediate access to the beach, boardwalk, and all that Newport Beach has to offer.
Getting Around
Schools
Construction
Condition
- New construction: Yes
- Year built: 2026
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Cooling
- Cooling features: Central Air
Features
- Fireplace features: Family Room,Primary Bedroom
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Interior Area
- Total interior livable area: 2,851 sqft
Property
Details
- Parcel number: 04815209
- Special condition: Standard
Features
- Levels: One,Two,Three Or More
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Bay,Catalina,City Lights,Coastline,Ocean,Panoramic
- Has water view: Yes
- Water view: Bay,Coastline,Ocean
- On waterfront: Yes
- Waterfront features: Beach Access,Ocean Access,Ocean Front
Lot
- Lot size: 2,614 sqft
- Features: Rectangular Lot
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Earthquake
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Orange County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $55,596 | $667,152 |
| Home Insurance * | $730 | $8,760 |
| Property Taxes | $9,643 | $115,716 |
| Electricity | $611 | $7,336 |
| Total | $66,580 | $798,960 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2022-01-04 | Listing removed | -- |
| 2021-11-10 | Price change | $7,000 |
| 2021-11-04 | Listed for rent | $15,000 |
| 2021-10-07 | Sold | $4,750,000 |
| 2021-09-29 | Pending sale | $4,800,000 |
| 2021-04-05 | Sold | $4,380,000 |
| 2021-01-13 | Price change | $4,680,000 |
| 2020-12-31 | Price change | $4,788,000 |
| 2020-12-25 | Price change | $4,682,020 |
| 2020-12-17 | Price change | $4,788,000 |
| 2020-12-05 | Listed for sale | $4,682,020 |
| 2020-11-21 | Pending sale | $4,682,020 |
| 2020-11-19 | Price change | $4,682,020 |
| 2020-10-21 | Listed for sale | $4,788,000 |
