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505 L Street is just a short walk from the bay and ocean in the exclusive Peninsula Point community of Newport Beach. This remarkable brand new construction boasts a contemporary European farmhouse feel on all three levels. This 4 bedroom, 5.5 bathroom home was just completed and spans over 3,200 sq.ft. Quality craftsmanship and attention to every detail can be seen throughout the home with premium Warren Christopher wire brushed, wide plank European Oak wood flooring, lovely Ann Sacks and Walker Zanger tile throughout and interior design by Serendipite Designs. The ideal open floor plan allows for carefree living or elegant entertaining: the main living area on the first floor includes a living room with fireplace, an open kitchen, dining area and main level guest suite. The gourmet kitchen is complete with quartzite countertops, a full height limestone backsplash, concrete farmhouse sink and professional grade appliances including a gorgeous La Cornue Cornufe 43” dual fuel range in Provence Blue with custom hood. The second level features a luxurious master retreat with balcony and spa-quality bath, two additional bedroom suites plus a bonus entertainment and office area. A spacious third floor California room with sunset view deck and full bath make this home the perfect beach house. A stone patio and two car garage with epoxy finish complete this incredible new construction opportunity by Rincon Homes.
Listing agent: Kimberly Bibb DRE #01210754 kbibb10@gmail.com, Listing office: Villa Real Estate
MLS data updated 11/3/2026, 1:32:50 AM PT
Source: CRMLS, MLS #: NP18229167
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Feb 5, 2020
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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No weekly rateNo published rate within 7 days of this date.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.
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.