1245 W Balboa Boulevard, Newport Beach, CA

$4,199,000

Previous Next

2

Beds

1

Bath

432

Square feet

0.07

Acres

About 1245 W Balboa Boulevard

Ocean View Beach Cottage with Approved Plans for a Luxury Home on Balboa Peninsula Welcome to your dream property, just one row from the ocean with stunning views from the roof deck! This unique opportunity offers a charming beach cottage and a detached efficiency studio, perfect for immediate use or rental income. The property is located off a spacious 20-foot alley on a generous 31-foot wide by 102-foot-long lot, providing ample space and privacy. The beach cottage was completely remodeled in 2020, featuring new windows and a new roof, ensuring a comfortable and modern living experience. But the real gem of this property lies in its future potential. The owners have fully approved construction drawings from the City of Newport Beach, ready for a brand-new, three-story single-family dwelling. Imagine living in a luxurious new home designed with every modern convenience in mind. The new home design includes four spacious bedrooms, each with its own full bath, and two additional powder rooms for guests. The attached Accessory Dwelling Unit (ADU) offers its own entry and patio, perfect for extended family or rental income. The home also features a stunning three-story glass elevator, making every level easily accessible. With a total of 2,924 sq. ft. in the main house and an additional 533 sq. ft. in the ADU, there is plenty of room for everyone. The new construction will provide four off-street parking spaces, including an attached 2-car garage and a 2-car carport, ensuring ample parking for residents and guests. The second level boasts two decks, one with breathtaking ocean

Features of 1245 W Balboa Boulevard

MLS® # NP25186509
Price $4,199,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 432
Acres 0.07
Year Built 1924
Type Residential
Sub-Type Detached
Status Active

Community Information

Address 1245 W Balboa Boulevard
Area OC - NEWPORT BEACH (92661)
City Newport Beach
County Orange
State CA
Zip Code 92661

Amenities

Utilities Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Underground Utilities,Water Connected
Parking Spaces 1
View N/K
Is Waterfront No
Has Pool No
Pool N/K

Interior

Appliances Refrigerator,Vented Exhaust Fan,Gas Range
Heating Baseboard
Cooling N/K
Fireplace No
Fireplaces N/K
# of Stories 1
Stories 1 Story

Exterior

Lot Description Curbs,Sidewalks

Additional Information

Date Listed August 18th, 2025
Days on Market 8
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePacific OC Properties

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?