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Millman Team Real Estate

$10,995,000
4 Bed
6 Bath
2,851 Sqft
0.06 Acre Lot

1123 E Balboa, Newport Beach, California 92661

  • Residential Property Type
  • 2,851 Sqft Square Footage
  • 2026 Year Built
Property 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.

Basic Details
Residential
For Sale
OC26083583
$10,995,000
Bay, Catalina, City Lights, Coastline, Ocean, Panoramic
4
6
1
2,851 Sqft
2026
0.06 Acre
Active
5
1
Single Family Residence
Features
: None
: Central Air
: Family Room, Primary Bedroom
: Laundry Room
: Public Sewer
: Ocean Front, Beach Access, Ocean Access
$0
Address Map
CA
Orange
Newport Beach
Balboa Peninsula (Residential) (BALP)
92661
Balboa
1123
W118° 6' 17.2''
N33° 35' 60''
Balboa to Property
NP - Balboa Peninsula
E
Neighborhood
Newport Mesa Unified
Additional Information
$0
$0
$0
$0
$0
1
: Sidewalks
1
2.0
: One, Three Or More, Two
: Rectangular Lot
1
2026-06-30
1
3
https://www.dropbox.com/scl/fo/3fvaj336xl1vdyr19bzfp/AH6bGUn59PRCADE35B3jld8/Video/1123%20E%20Balboa%20Blvd.mov?rlkey=f3tuujywojvjpwyjauz30toov&e=1&dl=0
: Public
Broker/Agent Information
Compass
Tara McNabb
Listing Information
SMCNATAR
OC06682
Cash, Cash to New Loan
Active
2026-07-23T18:54:34Z
CRMLS
: Standard
2026-07-07T13:34:08Z
Agent info
Ray Millman
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