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Located on one of the quietest streets on the Peninsula, this 44' wide lot offers an exceptional opportunity to craft your dream beachside retreat. Just moments from the beach, Newport Harbor Yacht Club, and the lively Balboa Pier and Fun Zone, this rare-to-market residence presents the ultimate in Newport Beach living. The thoughtful floorplan includes a main house with three bedrooms and one-and-one-half baths, alongside an attached studio apartment with a bedroom, full bath, and kitchenette. This arrangement offers flexibility—choose to rent the studio for additional income or enjoy the expanded living space yourself. The home’s interior is marked by recessed lighting, beamed ceilings, wainscoting, and hardwood floors throughout, creating a warm and inviting atmosphere. Key highlights such as the living room fireplace and the dining area’s French doors leading to the outdoors further enhance its charm. Nestled on a generous lot of approximately 2,989 SF, the expansive property is bathed in natural light and features a spacious front patio—ideal for savoring the ocean breezes. Complemented by a detached one-car garage, this Balboa Peninsula gem stands as a canvas awaiting your personal touch, presenting a rare chance to renovate or rebuild in one of the area's most coveted locations.
Listing agent: Tim Smith DRE #01346878 tim@timsmithgroup.com, Listing office: Coldwell Banker Realty
MLS data updated 11/1/2026, 8:38:34 PM PT
Source: CRMLS, MLS #: NP24031892
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 27, 2024
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
$3,400,000Closed sale · Aug 27, 2024ZIP 92661 · Aug 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.