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Closed
- Listed price
- $3,950,000
- Listed Jul 2, 2012 · $1,150/sq ft
- Sold price
- $3,800,000
- Sold Oct 24, 2012
4 beds|4 ba|3,434 sqft|2,430 sqft lot|1979 Built|115 MLS days on market
1025 E BALBOA Blvd, Newport Beach, CA 92661
Property Description
SIGNIFICANT PRICE REDUCTION!!! Pack your bags and head to the beach! Toes-in-the-sand, light filled corner Oceanfront home on Balboa Peninsula captures panoramic vistas of beach, ocean, and coastline. With an open floor plan ideally suited for entertaining and casual beachfront living this four bedroom/four bath home benefits from the privacy afforded by its unique elevated lot orientation along the quiet end of the boardwalk. Master suite with captivating views of sunsets over Catalina. Top floor terrace and adjacent sunroom affording views of Newport Harbor and hills beyond. Unique lower level with library and 700 bottle wine cellar. Desirable entry level bedroom with private sauna. Sit down views from living, dining, and kitchen. Elevator servicing all floors. Located within an easy walk of the Balboa Island ferry, shops and restaurants. Could also be a wonderful part-time residence with great rental potential.
Listing agent: Tara Foster ShapiroDRE #01892201tshapiro@homgroup.com, Listing office: HOM Sotheby's International Re
MLS data updated 10/31/2026, 11:29:37 AM PT
Source: CRMLSMLS #: U12002643
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$3,800,000
Oct 24, 2012
Available records22012
From MLS recordsActual listing and closing events
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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.This home · 0 price recordsNo records in this period
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Recorded sales in this period (0)
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.
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MLS records may be incomplete. Earlier asking prices are not sale prices.