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1501 E. Balboa Blvd. Newport Beach, CA 92661
$5,750,000
  • 5 Beds
  • 4 Baths
  • 3,859 SQ. FT.
  • 3,510 Lot Size

1501 E. Balboa Blvd.

Nestled between the beach and bay on the Balboa Peninsula Point, this show-stopping stunner sits on an oversized corner lot. Completely renovated in 2015 the home boasts new plumbing, electrical, water filtration and softening systems, appliances, surround-sound, AC, roof and custom precision millwork. By the gated front entry, you'll find a spacious outdoor entertainment area with a built-in BBQ and fire-pit. The main level has a cozy seating area with fireplace, generous secondary kitchen, master bedroom with ensuite bath and private patio, and an additional bedroom with walk-in closet and full bath, making it an ideal setup for front yard gatherings, overnight guests, or in-laws. The spectacular second level offers a cozy great room with vaulted ceilings and fireplace leading to the primary kitchen and dining area for 8+. The Master Suite is adorned with an enormous bath, a steam shower, tub, walk-in closet and quaint balcony. Two additional bedrooms, full bath and laundry closet complete the second floor. The third level rooftop deck is an entertainer's dream with approx. 700 Sq.Ft. of covered space with a large sectional, 4 TVs with surround sound, fireplace, gas heaters, BBQ, beer tap, refrigerators, ice maker, a shuffleboard, and an uncovered dining area. The entire deck is weatherproofed with automatic metal storm shutters. A 4-car garage with ample parking and storage, a secondary laundry unit, and 3 additional driveway spots complete this fantastic home. The Peninsula is the ideal sanctuary to raise a family or retreat for the weekend, famous for the Wedge Beach surfing spectacle and its iconic festivities, including the Christmas Boat Parade, 4th of July fireworks, private Bay Beach & tennis club, all just steps from the sand and ocean. Don’t miss your chance to make this slice of paradise your home.
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