1508 E Balboa Newport Beach California Beach Home, Beautiful Newer home one block from Harbor, Newport Peninsula Point.
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1508 East Balboa Boulevard, Newport Beach, CA 92661

$7.00M4bd · 6ba · 3,316 sqft
Lot 2,700 sqft•Single Family Residence•
Active
•235d on market•MLS# LG-26032469

Property Description

Known as the “Nautical Haus,” this chic seaside residence embodies refined coastal living in Newport Beach’s coveted Peninsula Point. Thoughtfully designed across three levels, the home blends timeless elegance with modern sophistication, offering light-filled interiors, tasteful finishes, and a seamless indoor-outdoor lifestyle. The main level showcases an open-concept floor plan ideal for entertaining, where the living and dining areas flow effortlessly into a gourmet kitchen anchored by a striking Calacatta marble island. Custom cabinetry, premium appliances, and designer lighting create a polished yet welcoming atmosphere. An enclosed front patio extends the living space, capturing ocean breezes and the relaxed energy of the Peninsula. Upstairs, a stunning primary suite offers tranquil bay views and a spa-inspired bath with dual vanities, a soaking tub, and a walk-in shower. Beautifully appointed guest suites provide comfort and privacy, making the home equally suited for everyday living or a luxurious beach retreat. Indoor-outdoor enjoyment continues with an oversized second-level deck and a third-floor viewing deck where you can take in harbor activity and passing yachts. Additional highlights include an elevator servicing all levels, elegant statement chandeliers, and a Control4 smart home automation system for effortless living. A two-car garage completes this move-in ready coastal home. Ideally positioned just moments from The Wedge, Newport Harbor, Balboa Beach, the ferry, and the Fun Zone, Peninsula Point offers a quieter, less-traveled setting at the tip of the Balboa Peninsula. World-class surfing, boating, paddleboarding, and waterfront dining are all within easy reach, delivering the ultimate Newport Beach lifestyle.

Features & Amenities

FeeBuilt 2015

Property Details

Land Type
Fee
Year Built
2015
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central, ENERGY STAR Qualified Equipment
Cooling
Central Air, ENERGY STAR Qualified Equipment
View
Back Bay, Bay, City Lights, Harbor
Flooring
Stone, Wood
City
Newport Beach
Zip Code
92661
County
Orange
Listed byDouglas Elliman of California Inc., Joshua E Altman

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$35,370.53
Principal & Interest
Loan Amount
$5,596,000
Total Interest
$7,137,390
Total Payment Over 30 Years
$12,733,390
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

1508 East Balboa Boulevard, Newport Beach, CA 92661

Newport Beach · Single Family Residence

$7.00M
Luxury Tier
Beds
4
Baths
6
Sqft
3,316
Lot
2,700 sqft
Year
2015
$/Sqft
$2109
Pool: No✓
Spa: No✓
View: city✓
Garage: 2-car✓

Listed 6.8% above the median closed sale of $6,550,000. Price per sqft ($2,109) is a 15% discount to closed comps ($2,473). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $7.00M· $2,109/sqft
Total list price
Closed comps
vs closed median $6.55M
+$445K (+6.8%)
Active comps
vs active median $6.60M
+$395K (+6.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,459
−$350 (−14.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2508 Ocean BoulevardCorona del Mar2000442,7873,298$2,438$6.79M13084
1517 Miramar DriveNewport Beach2026442,5542,450$2,447$6.25M3278
312 Carnation AvenueCorona del Mar2007353,3574,000$1,906$6.40M9877
409 EdgewaterNewport Beach1917432,7323,237$2,928$8.00M20175
1303 Balboa BoulevardNewport Beach1972332,5622,400$2,576$6.60M18867
Total: 5 · Average3.63.82,798.43,077$2,459$6.81M129.8
Median2,732$6.60M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
503 L StreetNewport Beach201809/22/2026453,1483,523$6.89M$6.60M$2,0970.9613188
117 Bay FrontNewport Beach194701/23/2026542,7872,550$8.15M$8.00M$2,8700.9816284
2149 Ocean BoulevardNewport Beach201601/07/2026353,2842,711$6.65M$6.55M$1,9950.9813183
118 SapphireNewport Beach200910/30/2026342,3212,550$6.39M$6.28M$2,7040.985278
206 Apolena AvenueNewport Beach202405/01/2026352,3332,550$6.50M$6.30M$2,7000.973878
Total: 5 · Average3.64.62,774.62,776.8$6.75M$6.75M$2,473.2—102.8
Median2,787$6.55M$6.55M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.