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Loved by the same family for over 60 years, this warm and inviting 1950's "Balboa Charmer" home is in pristine condition and could be your perfect beach cottage retreat! Located in the highly-coveted & picturesque Peninsula Point neighborhood of the Balboa Peninsula, the 3-bd/2-ba home is on the sunny side of the street, one lot in from the corner and only two lots away from the crashing waves of the ocean. Step inside to find original hardwood floors throughout, high wood-beamed ceilings, diamond casement windows, and a warm & welcoming fireplace. The bright, updated kitchen features maple cabinetry, stainless steel appliances, granite counters and plenty of windows to flood the space with natural light. Three spacious bedrooms with large closets feature wood floors, ceiling fans and custom shutters. An oversized two-car attached garage conveniently leads directly into the home and provides ample storage. The outdoor patio is a true highlight, with a south facing brick lined entertainer's space that includes a sitting area, dining area and firepit area—perfect for entertaining or simply relaxing to enjoy sunsets & the ocean breeze. Peninsula Point, located at the very end of the 4-mile Balboa Peninsula, is a historic beach enclave known for its enchanting tree-lined streets, relative quiet setting with long-term residents, and proximity to the harbor entrance and famous Wedge. Residents here are able to join the Balboa Peninsula Racquet Club as well as the voluntary Balboa Peninsula Point Association, which just celebrated 75 years, and offers resident members access to gated bay beach and multiple community activities throughout the year.
Listing agent: Claire Namdar DRE #01351990 claire.namdar@compass.com, Listing office: Compass
MLS data updated 10/22/2026, 3:56:54 PM PT
Source: CRMLS, MLS #: NP24193481
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Nov 27, 2024
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This home · nearest recorded event
$3,500,000Closed sale · Nov 27, 2024ZIP 92661 · Nov 2024
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.