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Gracing a premier location just a short walk from the bay and ocean in the exclusive Peninsula Point community of Newport Beach, 501 L Street offers a wonderful opportunity to own a brand new home. Casual seaside living is found on three levels with high vaulted ceilings and inviting, sunlit rooms. This 4 bedroom, 5.5 bathroom home was just completed and spans over 3,200 sq. ft.. Offering quality craftsmanship and attention to detail done by Serendipite Design; the floor plan allows for carefree living or elegant entertaining on each level. The main living area on the first floor includes a living room with fireplace, a open chefs kitchen, a stunning island, spacious dining area, laundry/storage room and a mud room. The home offers 4 bedrooms and 3 bathrooms on the second level along with a media room at the top of the stairs. The corner lot location allows beautiful bright light to shine into most windows of the house. A third floor bonus room and entraining space off the oversized roof top deck provides the perfect place to take in the ocean breeze while enjoying the city lights and views. This home captures the simplicity of beach living combined with elegant entertaining - a perfect full-time residence or beach retreat. A 2-car garage completes this fabulous new construction opportunity by Rincon Homes.
Listing agent: Kimberly Bibb DRE #01210754 kbibb10@gmail.com, Listing office: Villa Real Estate
MLS data updated 11/4/2026, 12:42:25 AM PT
Source: CRMLS, MLS #: NP19122110
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 24, 2019
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
No recordNo property-price record in this range.ZIP 92661 · Nov 2026
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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.
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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.