See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1617 E Balboa Blvd, Newport Beach, CA, 92661

4beds
3baths
2,078sqft
$5,888,000
$2,833price/sqft
$35,988/moest. monthly cost
$1,439,520/yrincome needed

About This Home

PRICE REDUCTION, Tucked into the quiet, coveted enclave of The Peninsula Point, this classic Cape Cod offers timeless charm just steps from the sand, walk to the famous surfing point, The Wedge or the Balboa Village. Owned by the same family since 1992 and never rented, this 4 bedroom, 3 bath residence has been maintained and thoughtfully updated over the years. Beamed ceilings, crown molding, and warm wood flooring set the tone throughout. The kitchen has been updated featuring new quartz's countertops, a 6-burner Viking range, and a double oven, makes this home functional as it is beautiful. A main floor bedroom and bath add flexibility, while the primary suite upstairs offers a private retreat which includes a private deck overlooking the courtyard. The primary bathroom included duel sinks and heated floors. Outside, a brick, concrete patio framed by mature landscaping a perfect setting for indoor-outdoor living. The great room has high ceiling, beams with a gas fireplace, perfect for family gatherings. The home includes a 2 car garage. This true Cap Cod beauty has character throughout and a rare opportunity to own a piece of the Peninsula Point.

Getting Around

40
WalkingCar-Dependent
12
TransitMinimal Transit
45
BikeSomewhat Bikeable

Schools

8/10
9/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1929

Materials

  • Foundation: Pillar/Post/Pier,Raised
  • Roof: Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: 6 Burner Stove,Built-In Range,Double Oven,Dishwasher,Electric Range,Disposal,Gas Range,Microwave,Refrigerator,Range Hood,Water To Refrigerator,Water Heater
  • Laundry features: In Kitchen,Stacked

Bathroom

  • Features: Bathtub,Closet,Dual Sinks,Enclosed Toilet,Heated Floor,Separate Shower,Tub Shower

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Beamed Ceilings,Ceiling Fan(s),Crown Molding,Separate/Formal Dining Room,Eat-in Kitchen,High Ceilings,Pull Down Attic Stairs,Recessed Lighting,Unfurnished,Bedroom on Main Level,Galley Kitchen,Primary Suite
  • Window features: Plantation Shutters
  • Flooring: Carpet,Tile,Wood
  • Fireplace features: Gas,Great Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: None

Interior Area

  • Total interior livable area: 2,078 sqft

Kitchen

  • Features: Quartz Counters,Remodeled,Updated Kitchen

Kitchen

  • Features: Galley Kitchen

Master Bedroom

  • Features: Primary Suite

Property

Accessibility

  • Accessibility features: Accessible Doors

Details

  • Parcel number: 04819110
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Front Door
  • Pool features: None
  • Patio & porch: Rear Porch,Brick,Concrete,Deck,Patio
  • Spa features: None
  • Fencing: Good Condition,Wood
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 3,080 sqft
  • Features: 0-1 Unit/Acre,Sprinklers In Front,Landscaped,Sprinklers Timer,Sprinkler System,Street Level

Parking

  • Total spaces: 4
  • Parking features: Garage Faces Rear
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 4
  • Carport: Yes
  • Carport 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
    Coastal FloodingRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Coastal Flooding
Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $29,772$357,264
Home Insurance *$391$4,692
Property Taxes $5,380$64,560
Electricity $445$5,347
Total$35,988$431,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,233,874/yr
40% on housing$1,079,640/yr
45% on housing$959,680/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,833This listing

vs Other Active Listings

Avg $/sqft

ZIP 92661$2,324
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92661$2,780
Orange County$707

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

DateEventPrice
2026-08-04Price change$5,638,000
2026-07-16Listed for sale$5,888,000
1996-12-23Sold$450,000

For Sale by Agent

AgentJulie Poelstra
BrokeragePoelstra Properties

Similar Homes