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Premier location just one home from the bay, 507 L St is a remarkable, custom new build home offering 4 beds & 5 full baths on Balboa’s highly sought after Peninsula Point. A warm California coastal farmhouse feel is brought to life with architecture by renowned Brad Smith & interior design by the talented Serendipite Designs. Layers of texture elevate the 3,255 sqft of interior living to a sophisticated comfort begging you to unwind. The main level enjoys a great room feel with kitchen opening to large dining area, living room & outdoor patio. Fit for a chef, the kitchen has a huge island, striking La Cornue CornuFe range, Sub-Zero built in refrigerator, wine storage & Calacatta counters. The main level also offers prep kitchen complete with Wolf coffee system & guest room with ensuite bath. The 2nd level offers bonus room, 2 guest suites, & master retreat - complete with fireplace, balcony, 2 walk-in closets & freestanding Victoria & Albert Amiata soaking tub. Quality craftsmanship & attention to detail can be seen on all 3 levels of the home; from stunning wire-brushed European Oak wide plank flooring, masterful staircase, Kolbe windows & doors & fine custom finishes throughout. To complete this one of a kind home, the 3rd floor offers a California room with spacious deck ideal for entertaining, enjoying the ocean breeze, gazing at the sunset & taking in city light views at night. An elevator serves each level making this home the ideal 2nd home or permanent residence.
Listing agent: Kimberly Bibb DRE #01210754 kbibb10@gmail.com, Listing office: Villa Real Estate
MLS data updated 11/3/2026, 1:35:04 AM PT
Source: CRMLS, MLS #: NP19054322
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
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.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.