1303 E Balboa Boulevard
For Rent1303 E Balboa Boulevard, Newport Beach, CA 92661
About this Home
Located past the last turnout on the boardwalk at Peninsula Point, this highly desired location is close enough to walk to many of the area's most desirable amenities yet also private and serene. The oversized lot affords this spacious and meticulously kept home featuring an "upside down" floor plan with living areas on both levels. Perfect for entertaining at the beach, it includes a family room opening to a large terrace on the beach level. Upstairs, there are vaulted ceilings and a fireplace in the very large, open-concept great room overlooking the coastline and ocean. The Catalina and sunset views are not to be missed. The home also includes a spacious master suite upstairs, two additional bedrooms with a bath downstairs, a guest bath, laundry room, and an amazing oversized garage with parking for three cars and over-height ceilings ideal for beach storage. The elevation change on the lot - which is a rarity among oceanfront properties in Newport - affords extra buildability which has been captured in this structure. This home is very well-kept and is ideal for those looking to personalize a home without having to build new. The location is excellent and is close to world-famous Wedge, the Balboa Pier, Balboa Island, and several neighborhood parks. The beach here is very deep and rarely attracts the crowds found elsewhere on the peninsula. This is an extraordinary opportunity for such a location, and priced attractively for the value-conscious buyer.
The open-concept layout is designed for both grand entertaining and comfortable daily living. Residents enjoy access to premium amenities.
Building Amenities
Rental Requirements
Credit Score
Minimum 700+ FICO score required.
Income Requirement
3x monthly rent in gross income.
Security Deposit
Equal to 1.5 months rent.
Employment
2 years consistent work history.
Walk Score & Transit
Daily errands do not require a car.
Many nearby public transportation options.
Flat as a pancake, excellent bike lanes.
Market Comparison
Relative pricing for luxury rentals in this area
This property is priced competitively within the top 25% of luxury rentals in this area.
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Request to Apply
Marcus Thorne
Property Manager