Listing Courtesy of: CRMLS / Pacific Oc Properties / Darwin Pearson - Contact: dpearson@pacificocproperties.com
1245 W Balboa Boulevard Newport Beach, CA 92661
Active (372 Days)
$4,199,000
Description
MLS #:
NP25186509
NP25186509
Lot Size
3,184 SQFT
3,184 SQFT
Type
Single-Family Home
Single-Family Home
Year Built
1924
1924
School District
Newport Mesa Unified
Newport Mesa Unified
County
Orange County
Orange County
Listed By
Darwin Pearson, Pacific Oc Properties, Contact: dpearson@pacificocproperties.com
Source
CRMLS
Last checked Aug 28 2025 at 8:50 PM GMT+0000
CRMLS
Last checked Aug 28 2025 at 8:50 PM GMT+0000
Bathroom Details
- Full Bathroom: 1
Interior Features
- Laundry: Outside
- All Bedrooms Down
- Refrigerator
- Range Hood
- Gas Range
- Gas Water Heater
- Vented Exhaust Fan
Lot Information
- Level
- Front Yard
- Yard
- Near Public Transit
- Near Park
- Street Level
Heating and Cooling
- Baseboard
Utility Information
- Utilities: Underground Utilities, Water Connected, Sewer Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Water Source: Public
- Sewer: Public Sewer
Parking
- On Site
Stories
- 1
Living Area
- 432 sqft
Additional Information: Pacific Oc Properties | dpearson@pacificocproperties.com
Location
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
Welcome to your dream property, just one row from the ocean with stunning views from the roof deck! This unique opportunity offers a charming beach cottage and a detached efficiency studio, perfect for immediate use or rental income. The property is located off a spacious 20-foot alley on a generous 31-foot wide by 102-foot-long lot, providing ample space and privacy.
The beach cottage was completely remodeled in 2020, featuring new windows and a new roof, ensuring a comfortable and modern living experience. But the real gem of this property lies in its future potential. The owners have fully approved construction drawings from the City of Newport Beach, ready for a brand-new, three-story single-family dwelling.
Imagine living in a luxurious new home designed with every modern convenience in mind. The new home design includes four spacious bedrooms, each with its own full bath, and two additional powder rooms for guests. The attached Accessory Dwelling Unit (ADU) offers its own entry and patio, perfect for extended family or rental income. The home also features a stunning three-story glass elevator, making every level easily accessible.
With a total of 2,924 sq. ft. in the main house and an additional 533 sq. ft. in the ADU, there is plenty of room for everyone. The new construction will provide four off-street parking spaces, including an attached 2-car garage and a 2-car carport, ensuring ample parking for residents and guests. The second level boasts two decks, one with breathtaking ocean views, while the third level features an expansive 852 sq. ft. roof deck. This incredible outdoor space includes a powder room, appliances, BBQ, fire pit, and is designed for a hot tub, making it the perfect spot for entertaining or relaxing while enjoying the ocean views.
The Peninsula is a scenic three-mile stretch with the harbor on one side and sandy beaches on the other. The area is primarily residential with some commercial areas, offering a mix of waterfront restaurants, local surf shops, and some of the best nightlife in Newport Beach.
The permits are ready, and the property is set to move forward with construction. Do not miss out on this rare chance to own a piece of paradise with endless potential. Contact us today to learn more and schedule a viewing!