916 W Balboa Boulevard, Newport Beach, CA 92661

$4,249,000 Asking Price

6 beds
5 baths
2,885  sqft
Built in 2023

Immerse yourself in the ultimate coastal luxury with this brand-new duplex on the iconic Balboa Peninsulaa rare opportunity combining elegance and investment potential. Spanning approximately 1,823 SF, the front unit features three bedrooms, including one that opens onto a sunny deck. French oak flooring adds warmth and elegance throughout, while rift-cut white oak cabinets provide a sleek, modern touch. For culinary enthusiasts, the kitchen is a dream come true, boasting top-of-the-line stainless steel appliances, including a Thermador cooktop, custom cabinetry, and stylish Silestone countertops that perfectly combine elegance and durability. The secondary unit, with approximately 1,062 SF of open-concept living space, includes three bedrooms and a spacious rooftop terrace. This inviting guest suite or income opportunity mirrors the high-end finishes of the front unit, including stainless steel appliances and a Thermador cooktop in the kitchen. Outside, the stylish facade features a standing seam metal roof system. Glass sliding doors lead to the front patio and balcony, filling the interior with natural light. Combining contemporary design, top-tier finishes, and an ideal location, this property is perfect for homeowners and investors alike. Additional highlights include a 2-car garage, a spot below 100 on the short-term permit waiting list, and a premier location in the heart of Newport's vibrant beach, dining, and entertainment scene, making this a compelling investment opportunity.

Features & Amenities

Interior

General:
Balcony,Recessed Lighting
Laundry:
Inside
Flooring:
Wood
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
N/K

Exterior

Style:
Custom Built
Pool:
None
Parking:
Parking spaces: 2

Construction

Roofing:
Metal
General:
2 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Orange

Lot

Zoning:
04814127
View:
Neighborhood

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Coldwell Banker Realty, Hunter Jack

About Newport Beach, CA

Housing

Number of Units
32,933
Median Home Value
$1,108,062
Median Rent
$2,050

52.55% of housing units are renter occupied.

15.14% are vacant.

Commute

Car
52.33%
Public Transportation
0.19%
Walk to Work
1.03%
Work from Home
45.11%
Other
0.65%

The median travel time to work is 15 minutes.

People

Population
61,724
Median Age
46.20
Median Household Size
2.43

Education

High School
7.46%
Associate’s Degree
6.48%
Bachelor’s Degree
40.94%
Graduate Degree
26.28%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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