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Updated 38 minutes ago

Exquisite Beachfront Luxury On Balboa Peninsula Double Lot


1215 E Balboa Blvd Newport Beach, CA

5 Bed
5 Bath

4,587 Sq. Ft.

Available Now
5 Beds • 5 Bath
$50,000
4587 ft2
1 Available
Managed By: Balboa Realty
-
$50,000
Available Now
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Pets
Dogs Ok
Property details
Description

Experience the ultimate coastal living experience in this impeccably built, fully furnished 5-bedroom, 5.5-bathroom home, perched on one of the most coveted stretches of Newport Beach's iconic Balboa Peninsula. With panoramic views of the sand and the sparkling Pacific Ocean, this home sets the standard for luxury and sophistication.
Boasting a rare double lot and one of the highest elevation lines on the Peninsula, this property offers unparalleled vistas and privacy. Every aspect of this custom residence has been thoughtfully curated by renowned interior designer Jeff Andrews of Jeff Andrews Design.
The open-concept main floor invites effortless entertaining, with a state-of-the-art gourmet kitchen featuring top-tier appliances and an expansive living and dining area complete with a custom fireplace. Accordion doors open to the private patio, ideal for al fresco dining with a Wolf BBQ, multiple seating areas, and a fire pit for cozy evenings by the sea.
The lower level features a sophisticated bar, a versatile salon or office space, a powder room, and convenient access to the two-car garage and one of two laundry rooms. The first set of stairs leads to three spacious bedrooms, each with en-suite bathrooms and walk-in closets. For ultimate ease, an elevator provides access to the second floor, where you'll find a secondary family/entertainment room preceding the grand master suite.
The master retreat boasts breathtaking ocean views, a hidden TV, and a private balcony. The spa-like master bath features a large walk-in shower, a freestanding tub, and luxurious custom tile. A second laundry room with ample storage is located on this level, adding to the home's convenience.
At the rooftop level, you'll find the 5th bedroom and an expansive outdoor entertainment space, including a fully equipped bar, TV, fireplace, lounge, and 12-person dining area. Ascend to the rooftop deck for the ultimate in luxury, offering a hot tub with sweeping panoramic views of the ocean and Peninsula.
With direct beach access & an array of beach equipment, this Newport Beach gem redefines luxury living. Don’t miss the opportunity to call this one-of-a-kind custom-built property your home.
Term negotiable with a 30 day minimum. Monthly price varies based on season. Inquire with property management team for more information.

Additional Details
Total Unit Count: 1
Last Updated: Updated 38 minutes ago
Contact Number: (949) 872-1417
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
AT&T Inc. 1000.0 1000.0
Charter Communications 940.0 35.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 18.0 0.768
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Exquisite Beachfront Luxury On Balboa Peninsula Double Lot by bedroom type below.
5 Bedroom
Suggested income:
$1,800,000
per year
Rent report

Exquisite Beachfront Luxury On Balboa Peninsula Double Lot Rent vs. Newport Beach Average

 Exquisite Beachfront Luxury On Balboa Peninsula Double Lot      Newport Beach Average
5BR
$50,000
$28,498
$0
$16,250
$32,500
$48,750
$65,000

Exquisite Beachfront Luxury On Balboa Peninsula Double Lot is asking 75% more than the average 5 bedroom apartment in Newport Beach.

If you downsized to an average priced Newport Beach 4 bedroom apartment, you would pay 147% less per month.

Exquisite Beachfront Luxury On Balboa Peninsula Double Lot provides 44% more square footage than the average Newport Beach 5 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Exquisite Beachfront Luxury On Balboa Peninsula Double Lot
Newport Beach Average
Studio $3,079 $6.20 $9,236
1BR $3,467 $5.00 $10,402
2BR $5,511 $4.70 $16,533
3BR $7,019 $4.10 $21,058
4BR $11,549 $4.10 $34,647

Availability in Newport Beach

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 62 1BR units on the market in Newport Beach. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
13% 40% 38% 4% 4%
Available Units in Newport Beach
Studio 21
1BR 62
2BR 59
3BR 7
4BR 7
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Newport Bay Hospital 1.77 mi.
Hoag Memorial Hospital Presbyterian 2.66 mi.
College Hospital Costa Mesa 3.77 mi.
Nearby Fire Stations
Name Distance
Benefited Fire District No 3 3.39 mi.
Artois Fire Protection District 3.39 mi.
Newport Beach Fire Department 3.52 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 4,587 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep dogs.
How many bedrooms are in the available units?
There are 5 bedroom units available.
How many bathrooms are in the available units?
There are 5 bathroom units available.
What's the monthly rent at this property?
Exquisite Beachfront Luxury On Balboa Peninsula Double Lot has a 5 bedroom unit starting at $50,000.
Where is this property located?
This property is at 1215 E Balboa Blvd in Newport Beach, CA. It's 1.7 miles east from the center of Newport Beach.
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