$4,149,000

1245 W Balboa Boulevard, Newport Beach, CA 92661

  • 2 beds |
  • 1 bath |
  • 432 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon3,184sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $9,604/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

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, 5 bedroom, three-story single-family dwelling. Imagine living in a luxurious new home designed with every modern convenience in mind. The new home design includes five spacious bedrooms, each with its own full bath, and two additional powder rooms for guests. The first floor Family/Game room with bedroom, full bathroom, laundry and kitchenette is designed (per current design code) to easily be converted to an ADU (after future City approval). It offers its own entry and patio, perfect for extended family or rental income if p

Listing Status:
Active
Date Added:
August 18, 2025
Data Last Updated:
February 16, 2026 at 1:07AM
Listing Office:
Pacific OC Properties : 949-631-9015
Listing Agent:
Darwin Pearson : 949-631-9015
MLS ID:
CRNP25186509
  • Appliances: Gas RangeRefrigeratorGas Water Heater
  • Laundry: Other
  • A/C: None
  • Heating: Baseboard
  • Fireplace: None
  • Disability Feature: None
  • General: Front Yard
  • Pool: None
  • Parking: Other
  • General: 1
  • HOA Amenities: Park0.0
  • Originating MLS: CRMLS
  • School District: Newport-Mesa Unified
  • County: Orange
  • Zoning: 04724102
  • View: None
  • Utilities: Cable ConnectedNatural Gas Connected
  • Source: CRMLS

This listing courtesy of Darwin Pearson , Pacific OC Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Newport Elementary School

1327 W Balboa Blvd, Newport Beach, CA, 92661

Grades KG-6

0.06 miles away

H

Horace Ensign Intermediate School

2000 Cliff Dr, Newport Beach, CA, 92663

Grades 7-8

0.92 miles away

N

Newport Harbor High School

600 Irvine Ave, Newport Beach, CA, 92663

Grades 9-12

1.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.