Home | Orange County | Newport Beach | 92661 | 1245 W Balboa Bld
MLS: CRNP25186509 | Status: Active | Price: $3,939,000
Beds/Baths: 2 / 1
Property Type: Residential
| Beds | Bath | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 2 | 1 | 432 | 3,184 | 1924 |
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
| Field | Value |
|---|---|
| MLS # | CRNP25186509 |
| MLS Source | California Regional MLS |
| Days on Site | 254 |
| Feature | Details |
|---|---|
| Bedrooms | Ground Floor Bedroom |
| Kitchen | Exhaust Fan, Other |
| Appliances | Exhaust Fan, Hood Over Range, Other, Oven Range - Gas, Refrigerator |
| Fireplace | None |
| Laundry | Other |
| Cooling | None |
| Heating | Baseboard |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Common Parking Area, Garage: 0 Car(s) |
| Elementary District | Newport-Mesa Unified |
| High School District | Newport-Mesa Unified |
| HOA Fee | $0 |
Darwin Pearson
Pacific OC Properties
License #: 01993679
Phone: (949) 631-9015
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1412 Santiago Dr | $3,800,000 | 4 | 4/2 | 2,942 | Contingent |
| 425 Tustin Ave | $4,395,000 | 5 | 3 | 3,002 | Active |
| 211 E Bay | $4,195,000 | 3 | 3/1 | 2,668 | Active |
| 6601 Seashore | $3,850,000 | 3 | 2 | 1,501 | Active |
| 327 Onyx | $4,200,000 | 5 | 2 | 2,128 | Active |
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This listing information is up-to-date as of April 19, 2026. For the most current information, please contact Darwin Pearson, (949) 631-9015.