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Newport Beach, CA

$10,995,000

1123 E Balboa, Newport Beach, CA
4
Beds
6
Baths
2,851
Sq Ft
2026
Built
18
Days listed

About this home

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.

Facts & features

Interior
Bedrooms
4
Bathrooms
5 full, 1 half
Living area
2,851 sq ft
Fireplace
Family Room, Primary Bedroom
Cooling
Central Air
Laundry
Laundry Room
Levels
One, Two, Three Or More
Exterior & lot
Lot size
0.06 acres (2,614 sq ft)
Pool
None
View
Bay, Catalina, City Lights, Coastline, Ocean, Panoramic
Year built
2026
New construction
Yes
Parking spaces
2
Community
Area
NP - Balboa Peninsula
County
Orange
Community features
Sidewalks
Listing details
Status
Active
Property type
Single Family Residence
Days on market
18
Listed
2026-04-17
Terms
Cash, Cash To New Loan
Parcel #
04815209
MLS #
OC26083583
Listed by
Tara McNabb · Compass

Location

Price history

Listed
$10,995,000 · 2026-04-17
Days on market
18
Current price
$10,995,000
Financing

Could this home be yours?

Estimated monthly payment
$68,974
$55,597 principal & interest · $13,377 taxes & insurance
$2,199,000
Estimate only
Loan $8,796,000

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Estimated value range nearby
$6,372,940$7,481,278

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Listing data provided by CRMLS

Listing courtesy of Compass. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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