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503 L StreetNewport Beach, CA 92661

Single Family · 4 Beds · 4 Full Baths · 1 Half Bath · 3,148 Sq. ft. | 0.08 Acres
$6,895,000 Active

503 L Street Overview

Time on Site:
46 days
Visits:
0

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.

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503 L Street Facts & Features

  • Type Single Family
  • Sq. ft. 3,148
  • Price/Sq.ft. $2,190
  • Lot 0.08 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

School Information

  • School District: Newport Mesa Unified

Building Information

  • Builder Name: Rincon Homes, Inc.
  • New Construction: Yes
  • Year Built: 2018

Location/Region

  • Country: US
  • County Or Parish: Orange
  • MLS Area Major: NP - Balboa Peninsula
  • Postal City: NEWPORT BEACH
  • Subdivision Name: Balboa Peninsula Point (BLPP)

Community/Development

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

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Cash to New Loan
  • Parcel Number: 04824041
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Total: 5
  • Bedrooms Total: 4

General Information

  • Accessibility Features: Safe Emergency Egress from Home,Parking
  • Appliances: 6 Burner Stove,Dishwasher,Freezer,Disposal,Ice Maker,Microwave,Refrigerator,Range Hood,Water Heater
  • Common Walls: No Common Walls
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Entry Location: 1
  • 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)
  • Laundry Features: Inside,Laundry Room
  • Levels: Three Or More
  • Living Area: 3148.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 0
  • Security Features: Prewired
  • Spa Features: None
  • Spa: No
  • Stories Total: 3

Exterior

Parking Information

  • Parking Features: Direct Access,Garage,Garage Faces Rear
  • Parking Total: 2.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Area: 3523.0
  • Lot Size Source: Plans
  • Lot Size Square Feet: 3523.0
  • Lot Size Units: Square Feet
  • Road Surface Type: Paved
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Custom
    • Attached Garage: Yes
    • Patio And Porch Features: Deck,Enclosed,Rooftop,See Remarks
    • Property Attached: No
    • Structure Type: House

    General Information

    • Number Of Units Total: 1
    • Pool Features: None
    • Pool Private: No
    • Road Frontage Type: Private Road
    • Sewer: Public Sewer

    503 L Street Neighborhood

    Community

    92661 (Newport Beach) Demographics

    41
    Median Age
    2,003
    Population Density (per sq. mile)
    62%
    College Educated
    $171,339
    Estimated Median Income
    720
    Estimated Total Home Owners
    1,107
    Estimated Total Renters
    39% / 61%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    503 L Street Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    503 L Street Market Data

    Based on the last 30 days in this zip code

    $7,012,249
    Average List Price
    $2,459
    Average Price per Square Foot
    5
    Properties Sold
    166
    Average Days on Market
    96
    Properties for Sale
    Calculations provided by Reliance Network

    503 L Street History

    Date Event Value Agent
    5/14/2026Source: CRMLS Added to Database
    May 14, 2026
    10/13/2022Source: CRMLS Added to Database
    October 13, 2022
    Listing provided courtesy of Pacific Sotheby's Int'l RealtyKimberly Bibb- MLS# NP26105485MLS ProviderContact Information: [email protected] - 949-554-1200