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Newly Reduced! One of the finest bay front properties along the Balboa Peninsula waterfront. A rare opportunity to purchase a charming, original Balboa cottage and begin to enjoy the lively bay front lifestyle while developing plans for a new home on one of the best parcels along the harbor. Truly a premier water front location this lot of 3755 square feet is one of only a handful of deep (121') bay front properties affording a grassy lawn with mature flowering landscape. Property records indicate that a new home of approximately 3576 square feet can be constructed, with the addition of third level roof-top deck space. The lot is highlighted by a substantial bulkhead wall and a private shared pier and dock to accommodate a craft of approximately sixty feet plus a Duffy side-tie. 1018 East Balboa presents an extraordinary occasion to live comfortably while developing plans to rebuild a piece of Balboa history.
Listing agent: Tara Foster Shapiro DRE #01892201 tshapiro@homgroup.com, Listing office: HOM Sotheby's International Re
MLS data updated 10/30/2026, 2:37:33 PM PT
Source: CRMLS, MLS #: NP16129432
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jan 23, 2017
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92661 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.