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503 J St1 / 49 · Click to zoom

About this home

This Post and Beam California Contemporary style home is located three houses away from the bay in Newport Beach's preferred waterfront community of Balboa Peninsula Point. With picturesque views of Newport Harbor, this stylish property is located steps away from I Street Beach, world famous surf spot ''The Wedge'', Balboa Pier, Peninsula Point Racquet Club and Balboa Village; all the fun of Newport including swimming, sailing, surfing, bike riding, volleyball and paddleboarding are out your door. This sun-drenched home features a private lower level for friends and family with two bedroom suites, a game room with a wetbar, a separate dining area and two car attached garage. The upper level of the home surrounds a South facing deck and features a large living room with vaulted beam ceilings and a fireplace, a formal dining area, a large island chef's kitchen, an informal dining space, powder bath and a handsome master suite with a large remodeled bath, spacious walk-in closet and an abundance of storage. Balboa Peninsula Point is an active year-round community with fun for the whole family including a 4th of July Parade, Easter Egg Hunt and Summer Chili cook-off.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$2,400,000 · Jan 2020
📋 Assessed value$2,840,892
💵 Annual tax$30,171
🏫 School districtNewport-Mesa Unified School District

MLS #26644069

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$56,309
Principal & interest$45,448
Property tax$8,239
Home insurance$2,622
Down payment: $1,797,600Loan: $7,190,400

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.