1002 E Balboa Boulevard, Newport Beach, CA 92661 (MLS # NP26239064)

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PRICE $7,995,000 dsIDX morgage calculator
BEDS 4
BATHS 3.5
HOME SIZE 2,987 sqft
LOT SIZE 3,825 sqft
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An exceptional opportunity to acquire a premier bayfront property on Newport Beach's coveted Balboa Peninsula, just a short stroll from the heart of Balboa Village. Situated directly on the bay, this 3,825-square-foot parcel features approximately 45 feet of frontage, offering an impressive footprint and tremendous potential for a luxury custom residence in one of Southern California's most desirable waterfront locations. The existing single-family residence features 4 bedrooms, 3.5 bathrooms, and approximately 2,987 square feet of living space. According to a City of Newport Beach, the site may accommodate a newly constructed residence exceeding 5,000 square feet of interior living space. Additionally, the property presents the potential opportunity to construct a private dock, further enhancing its appeal as a premier waterfront estate. The location is truly exceptional, with the bay at your doorstep and the Pacific Ocean just blocks away. Balboa Village's renowned restaurants, boutique shops, and iconic boardwalk are all within easy walking distance, along with the Balboa Island Ferry, Balboa Fun Zone, and some of Newport Beach's most celebrated beaches. With limited opportunities for new construction along the bayfront and continued demand for luxury waterfront residences, this property represents an outstanding opportunity for builders, developers, and discerning end users to create a truly remarkable Newport Beach estate. Buyer to independently verify all aspects of the property, including potential buildable square footage, development feasibility, dock construction, zoning, setbacks, and all required permits and approvals with the City of Newport Beach and other applicable governmental agencies. All development potential is subject to buyer investigation and approval.

DAYS ON MARKET 1 LAST UPDATED 11/6/2026
TRACT Balboa Peninsula (Residential) (BALP) YEAR BUILT 1928
COMMUNITY NP - Balboa Peninsula GARAGE SPACES 2.0
COUNTY Orange STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Newport
Jr. High School Ensign
High School Newport Harbor


ADDITIONAL DETAILS
AIR None
APPLIANCES Electric Oven, Electric Range
AREA NP - Balboa Peninsula
CONSTRUCTION Wood Siding
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Wall Furnace
INTERIOR Ceiling Fan(s), Tile Counters
LOT 3825 sq ft
LOT DIMENSIONS 3825
PARKING Attached, Direct Access, Garage Faces Front, Garage
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION Balboa Peninsula (Residential) (BALP)
UTILITIES Electricity Available, Natural Gas Available, Sewer Available, Water Available
VIEW Yes
VIEW DESCRIPTION Bay, Bridge(s), Canal, City Lights, Hills, Marina, Neighborhood, Ocean, Panoramic, Water
WATER Public
WATERFRONT DESCRIPTION Beach Access, Ocean Access, Seawall
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Listed with Balboa Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 11/7/26 1:28 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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