A hip new construction home on Balboa Peninsula Point in Newport Beach, California, brings … [+]
Forbes Global Properties
If some early businessmen had their way, Newport Beach would have become a commercial port. Thankfully, it didn’t. Better plans emerged for the Southern California community known for scenic beaches and epic waves. Developers quickly realized that building homes within steps of the beach would be far more valuable.
The newly built home in Peninsula Point is sited on an oversized lot and takes in views of the … [+]
The tony neighborhoods that sprang up since the mid-20th century capitalize on the coastal town’s proximity to the water. For the house at 1416 East Balboa Boulevard on Balboa Peninsula Point, that’s doubly true.
A stone-enclosed courtyard with a fire pit and an outdoor kitchen sits off the front of the home.
“It’s unique for a home that isn’t on the water to have water views in both directions,” says listing agent Tara Shapiro of EQTY/Forbes Global Properties. The three-story house is located a stone’s throw from Newport Bay (one house away) and a block from Balboa Beach. The location also puts you a half-mile from The Wedge, one of Southern California’s legendary surf spots and a half-mile from Balboa Pier, the vintage Fun Zone amusement park and the ferry to Balboa Island.
Pocketing walls of glass create a seamless experience between indoor and outdoor environments.
But it’s not just location that defines this property.
High ceilings and contemporary fixtures draw the eyes upward in the dining room.
The five-bedroom, five-and-a-half bathroom home built in 2022 was designed by architect Eric Aust, who specializes in customized Newport Beach residences. Bespoke finishing touches can be found throughout, including wire-brushed white oak millwork, antique brass fixtures, vintage brick pavers in one of the bathrooms and fossil stone countertops.
Wide-plank hardwood floors and an island trimmed in vertical slats lends a warming note to the … [+]
The living room with fireplace and dining room open out to a patio with seating for lounging and indoor-outdoor entertaining. The professional-grade kitchen features a wood-and-marble island big enough to seat three or four guests for casual dining. All here is light and airy, a beach home made for enjoying and entertaining.
The ocean-view primary bedroom suite has a private terrace, vaulted ceilings, a fireplace, a … [+]
The primary bedroom has a terrace where you can enjoy watching the sun set over the ocean. Other features include vaulted ceilings, a fireplace, dressing area and en suite spa bath. The other four bedrooms, including one on the main level, have en suite bathrooms too. There are four fireplaces in the house, too.
There are five bedrooms and 5.5 bathrooms across three floors of living.
The third floor’s covered loggia comes with one of the most luxurious amenities in the house: a hot tub made from handcrafted cedar. From here, you can see the lights of Newport Harbor and the bay. “It’s a turnkey product with a fantastic location,” Shapiro says. Other touches that come with the house include an outdoor beach shower, backup residential battery system, a Tesla charger and solar panels. The two-car garage includes a separate portico to park a golf cart.
The upstairs lounge opens to a rooftop deck.
About that idea for developing a port. Shipping businessmen James and Robert McFadden were the ones who favored building a “new port” in the late 1800s. Although their plan never panned out, the name stuck.
Bi-folding doors open to the rooftop patio.
The house sells for $7.6 million, with furnishings.
In addition to a bar, there’s also a hot tub.
