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Sold for $10,900,000 · Oct 2026

SOLD

Listed at $10,995,000

Sold

1123 E Balboa, Newport Beach, CA 92661

Newport Beach, CA

MLS# OC26083583

2,851 Sq Ft • Single Family Home4bd • 6ba
36 days on market

Listing Agent

Tara McNabb

Listing Agent

Compass

DRE #: 01871729

Brokerage: Compass

Property Details

4

Bedrooms

6

Bathrooms

2,851 sqft

Square Feet

2026

Year Built

2,614 sqft

Lot Size

$3,823

Price/Sq Ft

2

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

Introducing a rare opportunity to own a brand-new oceanfront residence with a SHORT TERM RENTAL PERMIT on the highly coveted Balboa Peninsula. Thoughtfully designed and expertly curated, this 4-bedroom, 5.5-bathroom home spans approximately 2,851 square feet and blends timeless coastal architecture with refined, modern finishes. From the moment you enter, the home showcases an elevated yet relaxed aesthetic, featuring custom white oak cabinetry, soft plaster finishes, and a sophisticated mix of natural stone, handcrafted tile, and warm textural elements. The chef’s kitchen is both functional and striking, complete with premium appliances, custom millwork, and a seamless connection to the main living spaces—perfectly positioned to capture sweeping ocean views. Each bedroom is ensuite, offering privacy and comfort, while the primary suite is a true retreat with a spa-inspired bath, layered textures, and serene coastal tones. Throughout the home, curated lighting, designer fixtures, and bespoke details create a cohesive and luxurious living experience. One of the home’s most exceptional features is the expansive rooftop deck, offering panoramic ocean and bay views—an ideal setting for entertaining, relaxing, and enjoying Newport’s iconic sunsets. Located directly on the sand, 1123 E. Balboa delivers the ultimate coastal lifestyle with immediate access to the beach, boardwalk, and all that Newport Beach has to offer.

Listing description from the October 2026 sale, as reported to CRMLS.

Facts & Features

Details

Stories
1
Cooling
CentralAir
View
Bay, Catalina, CityLights, Coastline, Ocean, Panoramic

Sale history for 1123 E Balboa

1 recorded sale

$10,900,000
Sold October 2026 · listed $10,995,000, on market April 2026, 36 days on market · MLS #OC26083583 · Source: CRMLS
Listing Agent: Tara McNabb · Listing Office: Compass · Contact: taralmcnabb@icloud.com · Bought with: Tara McNabb · Compass

How this sale compares

1123 E Balboa sold for $10,900,000 in October 2026, 0.9% under its $10,995,000 list price, after 36 days on the market. That works out to $3,823 per square foot on 2,851 square feet. Across 39 closed sales in 92661 over the last 12 months, the median sold price is $4,921,000 and the median is $2,343 per square foot, 39% below this sale's $3,823. 4-bedroom rentals in 92661 currently list at a median of $20,000 a month (21 listings).

$3,823
This sale, per sq ft
$2,343
92661 median per sq ft (12 mo)
$4,921,000
92661 median sold price (12 mo)
39
Closed sales in 92661 (12 mo)
36
Days on market
−0.9%
Sold vs. list price
QuarterClosed sales in 92661Median sold price
Q1 20264$5,350,000
Q2 202615$6,700,000
Q3 202616$4,400,000
Q4 20264$4,885,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Newport Beach · Homes for sale in 92661

Recent sales near 1123 E Balboa

Closed sales reported in 92661, nearest first, last 12 months. All recent sales in Newport Beach →

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