SOLD 04/25/2024
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Home sold for $7,200,000 in 92 days
1416 E Balboa Blvd Newport Beach, CA, 92661
Off the market 5 beds 5 full + 1 half baths 3,214 sqft
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 addit
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Property details
3,214 sqft interior area
Property type
Home
Interior area
3,214 sqft
View
Bay, City Lights, Water, Other, Ocean
Land area
2,700 sqft (0.06 acres)
Price per sqft
$2,240/sqft
Address
1416 E Balboa Blvd, Newport Beach, CA, 92661
City of California
Newport Beach
County
Orange
Sold price
$7,200,000
nr.of parking places
3
Year Built
2022
District
Listing
Stories
Three or More Stories
Virtual Tour
Open Houses
No upcoming open houses
Interior Features
3 parking places, Wood, See Remarks floors
Beds
5
Baths
5 full + 1 half
Floors
Wood, See Remarks
Stories
Three or More Stories
Security
Fire Sprinkler System, Carbon Monoxide Detector(s), Smoke Detector(s)
Parking
3
Garage & Parking
Attached, Int Access From Garage, Other, Garage Faces Rear
Fireplaces
Gas Starter, Living Room, Other, See Remarks
Laundry Features
Dryer, Laundry Room, Washer, Upper Level
Heathing & Cooling
Central Air, Zoned, Forced Air, Natural Gas
Kitchen features
Counter - Stone, Dishwasher, Double Oven, Garbage Disposal, Gas Range/Cooktop, Island, Microwave, Pantry, Range/Oven Built-in, Refrigerator, Self-Cleaning Oven, Other
Other rooms
Den, Stone Counters, Kitchen Island, Pantry
Amenities
Other
Appliances
Dishwasher, Double Oven, Disposal, Gas Range, Microwave, Range, Refrigerator, Self Cleaning Oven
Listed by
Tara Foster Shapiro, EQTY Forbes Global Properties
Name
Tara Foster Shapiro
License number
01892201
Brokerage company
EQTY Forbes Global Properties
MLS #
CRNP24015897
Buyer agent
Name
Tara Foster Shapiro
Brokerage company
EQTY Forbes Global Properties
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Calculate your monthly payments
Mortgage
$22,106
Taxes
$0
HOA dues
$0
Mortgage
$1,440,000 / 20%
2.28%
30 years
Your amount
$22,106 / month
Exterior Features
—
Utilities
Sewer Connected, Cable Available, Natural Gas Connected
Pool
Spa, None
Yard
Other
Lot details
TMK #04818116
Lot Description
Other, Landscape Misc, Street Light(s), Storm Drain
Parcel nr.
04818116
92661 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 92661
33%
Families with children
National average: 39%
43%
Non family households
148,742
Population
$202,172
Average Income
Age & gender
Median age 48 years
More info
Commute types
86% commute by car
More info
Education level
36% have bachelor education
More info
Number of employees
3% work in management
More info
Vehicles available
42% have 2 vehicle
More info
Vehicles by gender
42% have 2 vehicle
More info
Housing market insights for
$4.52m
Neighborhood average
sales price*
sales price*
$3.5m
Neighborhood median
sales price*
sales price*
357
Number
of sales*
of sales*
Housing type
44% are single detacheds
More info
Rooms
36% of the houses have 4 or 5 rooms
More info
Bedrooms
59% have 2 or 3 bedrooms
More info
Owners vs Renters
55% are owners
More info
6.83 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Apr 25, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 25, 2024 | Sold | $7,200,000 | 2240.2 | Public Record |
| Apr 25, 2024 | Price Decrease | $7,200,000 -3.94% | 2240.2 | MLS #CRNP24015897 |
| Apr 23, 2024 | Pending | $7,495,000 | 2331.99 | MLS #CRNP24015897 |
| Apr 2, 2024 | Under contract | $7,495,000 | 2331.99 | MLS #CRNP24015897 |
| Jan 25, 2024 | New Listing | $7,495,000 -1.38% | 2331.99 | MLS #CRNP24015897 |
| Aug 3, 2023 | Unavailable | $7,600,000 | 0 | MLS #CRNP23010278 |
| Jan 20, 2023 | New Listing | $7,600,000 | 2364.65 | MLS #CRNP23010278 |
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Frequently Asked Questions about 1416 E Balboa Blvd
What is 1416 E Balboa Blvd?
1416 E Balboa Blvd, Newport Beach, CA, 92661 is a single family home located in the city of Newport Beach, California with zipcode 92661. This single family home has 5 bedrooms & 5 full bathrooms + & 1 half bathroom with an interior area of 3,214 sqft.
Which year was this home built?
This home was build in 2022.
Which year was this property last sold?
This property was sold in 2024.
What is the full address of this Home?
1416 E Balboa Blvd, Newport Beach, CA, 92661.
Are grocery stores nearby?
The closest grocery stores are Pavilions 2235, 0.84 miles away and Albertsons, 1.08 miles away.
What is the neighborhood like?
The 92661 zip area has a population of 148,742, and 33% of the families have children. The median age is 48.19 years and 86% commute by car. The most popular housing type is "single detached" and 55% is owner.
Based on information from the bridgeMLS as of 05-13-2024. 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. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 25, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are Pavilions 2235, 0.84 miles away and Albertsons, 1.08 miles away.
The 92661 zip area has a population of 148,742, and 33% of the families have children. The median age is 48.19 years and 86% commute by car. The most popular housing type is "single detached" and 55% is owner.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
