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Closed
- Listed price
- $2,788,888
- Listed Oct 21, 2018 · $1,116/sq ft
- Sold price
- $2,615,000
- Sold Dec 21, 2018
7 beds|3 ba|2,500 sqft|6,303 sqft lot|1943 Built|29 MLS days on market
1025 W Balboa Blvd, Newport Beach, CA 92661
Property Description
!!Amazing opportunity on the Balboa Peninsula if you like the idea of remodeling or building...One-of-the-kind (2) lots on one parcel. Dated house in a spectacular location; the potencial is in the land; Do you want to be creative? Well...definitely you can update the property with ALL the luxury architectural highlights, build 5.5 car garage; Or either build Two NEW separate luxury homes, one on each lot Or a Parade-of-Luxury-Condos (R2 Zoning, Potentially Up to 4 condos; please confirm with the city planning department). The project, is perfect for the sensational lifestyle of the Balboa peninsula. One of the main features and highlights is the proximity to the ocean, beach, and Newport Bay. New owners can just Park their car and enjoy as you are just a short walk or bike ride to the many shops, restaurants, and activities that the Peninsula has to offer! steps away from the beach. Perfect for large families or entertaining many guests. The home sits on two legal lots, each approximately 30.75 feet wide by 102.5 feet deep. The two lots feature a 20 foot wide alley providing easy access for parking.
Listing agent: Janeth BernalDRE #01270399jbernal@century21award.com, Listing office: Century 21 Award
MLS data updated 11/3/2026, 10:47:13 AM PT
Source: CRMLSMLS #: PW18255562
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,615,000
Dec 21, 2018
Available records22018
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 · Nov 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.