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503 L StreetNewport Beach, CA 92661

For Sale

$6,895,000

Smart Buyer Rebate $68,950

Tranquil coastal living meets elevated design at 503 L Street, ideally situated on Peninsula Point just a few homes from the bay and moments from the ocean. This thoughtfully designed three-level residence offers four bedrooms and four and a half bathrooms, with a bright, open-concept main level that captures a refined California coastal aesthetic through soaring ceilings and seamless indoor-outdoor flow. Every detail has been carefully curated, from the elevator that goes to all three levels to the marble countertops and wide-plank oak flooring throughout. The gourmet kitchen is both functional and beautifully appointed, featuring custom cabinetry, Wolf appliances, and a Sub-Zero panel-ready refrigerator and freezer. The private primary suite serves as a true retreat, complete with a fireplace, view balcony, and a spacious, spa-like bath. Designed for effortless entertaining, the third-level California Room includes a wet bar and opens to a rooftop deck with sweeping city lights and coastal views. A two-car garage completes this exceptional offering, delivering both convenience and a highly coveted Peninsula Point lifestyle.

Listed by Kimberly Bibb

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License #01210754

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Pacific Sotheby's Int'l Realty

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714-396-0185

Listed by Lauren Bibb

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License #02144501

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Pacific Sotheby's Int'l Realty

Last updated June 08, 2026

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Source: CRMLS #NP26105485

Listing Facts

  • TypeSingle-family
  • NeighborhoodBalboa Peninsula Point
  • Bedrooms4
  • Bathrooms4.5
  • Days on Prevu33
  • Size3,148 sqft
  • Price per sqft$2,190

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Air Conditioning
  • Elevator
  • Parking

Location

Mortgage Calculator

Listing History

05/14/2026
Listed by Pacific Sotheby's Int'l Realty
$6,895,000

Property Details for 503 L Street

Association

Amenities

  • Community Features: Biking, Curbs, Dog Park, Park, Sidewalks, Water Sports

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 1
  • Property Condition: Turnkey
  • Stories Total: 3
  • Structure Type: House
  • Year Built: 2018
  • Architectural Style: Custom
  • Builder Name: Rincon Homes, Inc.
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1

Features

  • Patio And Porch Features: Deck, Enclosed, Rooftop, See Remarks
  • Road Frontage Type: Private Road
  • View: City Lights

Measurements

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.08
  • Lot Size Area: 3,523
  • Lot Size Source: Plans
  • Lot Size Square Feet: 3,523
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 04824041

Interior

Features

  • Appliances: 6 Burner Stove, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Water Heater
  • Fireplace Features: Living Room, Primary Bedroom
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Features: Wet Bar, Built-in Features, Balcony, Dry Bar, Separate/Formal Dining Room, Eat-in Kitchen, Elevator, High Ceilings, Living Room Deck Attached, Pantry, Stone Counters, All Bedrooms Up, Jack And Jill Bath, Walk-In Pantry, Walk-In Closet(s)

Measurements

  • Living Area: 3,148
  • Living Area Source: Assessor
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 4
  • Main Level Bathrooms: 1

Other

Features

  • Accessibility Features: Safe Emergency Egress From Home, Parking

Location

  • Subdivision Name: Balboa Peninsula Point (BLPP)
  • Tax Lot: 1

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Direct Access, Garage, Garage Faces Rear
  • Parking Total: 2

Schools

High School

  • High School District: Newport Mesa Unified

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air
  • Has Heating: Yes
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 4 bedrooms and 4.5 bathrooms in this single-family home at 503 L Street.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 503 L Street.

How does 503 L Street compare to other single-family homes in Balboa Peninsula Point?

This single-family home is listed 24% below the average price for single-family homes in Balboa Peninsula Point and has been on the market for 88 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 3,148 sqft.

503 L Street is a 4-bedroom, 4.5-bath single-family home for sale in Newport Beach CA 92661. On Prevu for 33 days at $6,895,000. This residence features 3,148 square feet of living space, located in Balboa Peninsula Point. The median listing price for single-family homes in this area is $6,595,000. Property amenities include private outdoor space, dishwasher, elevator, air conditioning, and parking. Explore more single-family home listings in Orange County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.