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Cape Cod–style coastal home in coveted Balboa Peninsula Point, Newport Beach. Nearly 4,000 square feet of living space featuring five bedrooms plus an office, water views, and a spacious indoor-outdoor entertaining terrace, all just moments from the ocean, bay,and the iconic Wedge surf break. Echoing the timeless Cape Cod character that defines Balboa Peninsula Point, this custom-built residence blends classic architectural detailing with expansive, thoughtfully designed living spaces. Inside, the home unfolds with an uncommon sense of scale, warmth, and refined coastal sophistication, creating an inviting setting for both everyday living and relaxed coastal entertaining. Rich custom millwork, classic wainscoting, and finely crafted built-ins highlight the home’s bespoke craftsmanship and enduring design. Multiple open-concept living and entertaining areas flow seamlessly together, while the oversized professional-grade island kitchen—complete with a separate butler’s pantry—anchors the heart of the home. Walls of glass open to a generous terrace, creating effortless indoor-outdoor living ideal for sunset dining, coastal entertaining, and relaxed gatherings after a day at the beach. A thoughtful split-level layout provides privacy and versatility, perfectly suited for multi-generational living or welcoming extended stays from family and friends. The residence offers five bedrooms plus a dedicated office and five-and-a-half baths, delivering both comfort and flexibility without compromising style. Water views from the terrace and primary suite, two-car garage parking plus a covered carport, and close proximity to both the bay and the ocean—including the famed Wedge surf break—complete this exceptional Peninsula Point offering. Timeless, welcoming, and designed for the Peninsula Point coastal lifestyle, this home presents a rare opportunity to enjoy one of Newport Beach’s most sought-after beach communities.
Listing agent: Tara Foster Shapiro DRE #01892201 tshapiro@homgroup.com, Listing office: Coldwell Banker Realty
MLS data updated 10/27/2026, 7:41:17 AM PT
Source: CRMLS, MLS #: NP26042983
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 14, 2026
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This home · nearest recorded event
$6,700,000Closed sale · May 14, 2026ZIP 92661 · May 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.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.