Balboa Peninsula (NP) Real Estate

Balboa Peninsula (NP) Real Estate

Welcome to Balboa Peninsula, a stunning gem nestled in the heart of Newport Beach, California. This picturesque coastal neighborhood is renowned for its breathtaking views, sandy beaches, and vibrant community atmosphere. Balboa Peninsula is not just a destination; it’s a lifestyle that embodies the quintessential Southern California experience.

Imagine waking up to the sound of waves gently crashing on the shore and the salty sea breeze wafting through your window. With miles of pristine coastline at your doorstep, residents enjoy a plethora of outdoor activities, from sunbathing and surfing to beach volleyball and paddleboarding. The iconic Balboa Pier, a beloved local landmark, offers a perfect spot for fishing or simply soaking in the stunning sunsets that paint the sky in vibrant hues.

Beyond the beaches, Balboa Peninsula boasts a lively boardwalk lined with charming shops, delightful eateries, and inviting cafes. Whether you’re indulging in a scoop of world-famous frozen banana or savoring fresh seafood at a waterfront restaurant, there’s something to please every palate. The community is also home to annual events, including the beloved Balboa Island Parade and various art festivals, fostering a strong sense of camaraderie among residents.

With its blend of natural beauty, recreational opportunities, and a welcoming atmosphere, Balboa Peninsula is the perfect place to call home. Whether you’re looking for a cozy beach cottage or a luxurious oceanfront property, this enchanting neighborhood offers a diverse range of real estate options to suit your needs. Embrace the coastal lifestyle and discover your dream home in Balboa Peninsula today!

Newest Listings in Balboa Peninsula (NP)

$4,500,000
3 Beds ⋅ 3 Baths ⋅ OC26208176 MLS ⋅ Active Status
An incredible and truly unique opportunity for coastal living on the Balboa Peninsula! Located directly across from 10th Street Beach, this home enjoys an open view of Newport Bay with no homes directly in front. It is one of only nine single-family homes along this highly coveted stretch between 9th and 10th Streets that front directly toward the beach and bay. Simply walk out your front door, cross the street, and your toes are in the sand. Offering approximately 2,270 square feet on a 2,700 square foot lot, this home is ready for renovation and has been priced accordingly, creating an exceptional opportunity to make it your own. Reimagine the existing home and create the Newport Beach retreat you have always wanted, in a location that is difficult to replicate. The property also offers the rare convenience of a large three-car garage, an especially valuable feature on the Peninsula. Enjoy picturesque sunsets over Newport Bay and a front-row seat to the coastal lifestyle without the expense of owning directly on the water. The home's location on a higher-elevation portion of the Peninsula adds to its appeal. Just outside your door is 10th Street Beach, a neighborhood beach primarily enjoyed by locals, while everything that makes the Balboa Peninsula special is within easy reach. Walk, bike or cruise by golf cart to the boardwalk, Newport Beach Pier, Balboa Island Ferry, Balboa Fun Zone, Lido Marina Village, shops, restaurants and miles of beaches. During the holidays, enjoy a front-row view of the Newport Beach Christmas Boat Parade as it sails by, right from your front porch or living room window. Whether you envision a full-time residence, weekend beach house or an opportunity to create something entirely your own, 915 W. Bay Avenue offers a location and lifestyle that are increasingly hard to find in Newport Beach. This is a probate sale, full authority, no court confirmation is required and the estate can close within 21 days. It is being sold strictly “as-is” with no repairs and no credits for repairs, including no termite work or clearance.

915 W Bay Avenue, Newport Beach
$3,395,000
4 Beds ⋅ 2 Baths ⋅ 26991455 MLS ⋅ Active Status
RARE BALBOA PENINSULA OPPORTUNITY - Discover the quintessential Newport Beach lifestyle at 211 Cypress, a beautifully updated coastal duplex ideally positioned in the heart of the Balboa Peninsula. Just moments from the beach, bay, Balboa Fun Zone, dining, entertainment, and waterfront recreation, this versatile property offers an exceptional blend of lifestyle, income, and future potential. The property features two thoughtfully updated 2-bedroom, 1-bath residences totaling approximately 1,896 square feet on an approximately 3,049 square foot lot. The lower residence is currently leased month-to-month at $4,200 per month and upper residence is currently on a 12 month lease at $4,695 per month, providing immediate rental income. Great for an owner-user, second-home retreat, or investor seeking additional rental income. Both residences have been tastefully upgraded with remodeled kitchens and bathrooms, central air fan, new appliances, wine refrigerators, and modern finishes throughout. Outdoor spaces are equally inviting, featuring upgraded paver hardscape, privacy fencing, a fire pit lounge, and areas designed for relaxed coastal entertaining. Beyond its immediate appeal, 211 Cypress offers exciting future value-add possibilities. Whether you're looking for a primary residence, beach getaway, owner-user investment, or a property with long-term upside, 211 Cypress offers a rare opportunity to own in one of Newport Beach's most sought-after coastal communities. From here, enjoy easy access to the Newport Harbor Yacht Club, Balboa Fun Zone, Balboa Pier, Pavilion, Davy's Locker sport fishing, waterfront dining, boating, shopping, and endless beach days all just moments from your doorstep. Buyer to independently verify square footage, zoning, development potential, short-term rental regulations, and all future use possibilities with the City of Newport Beach and appropriate professionals.

211 Cypress Street, Newport Beach
$5,695,000
4 Beds ⋅ 4 Baths ⋅ OC26207974 MLS ⋅ Active Status
**Maximize your portfolio with this rare turnkey four-unit offering in coveted Peninsula Point, just moments from both the beach and bay.** 1609 E Balboa Blvd presents a meticulously maintained and extensively upgraded property in one of Newport Beach’s most desirable coastal enclaves, generating $186,120 in annual gross scheduled income. The property features four one-bedroom, one-bathroom residences, offering an exceptional combination of investment potential, quality, and quintessential Newport Beach lifestyle. Three units were fully remodeled in 2021, while the lower unit underwent a complete renovation in 2025 with the level of quality and finish found in a newly built luxury Newport Beach home. Designed with the owner in mind, Unit D features high-end finishes throughout, a split-system AC, and a floor plan that can easily be converted to a two-bedroom configuration—an especially appealing option for an owner-user seeking a refined coastal residence. The building is exceptionally turnkey and thoughtfully maintained, with substantial upgrades throughout. Two sets of stackable washers and dryers serve the property, and upgraded tankless water heaters were installed in 2022. Each unit has separate electricity and gas, while the owner pays for water and trash, as well as common-area laundry expenses. Three units each include an attached one-car garage, providing highly coveted off-street parking and additional storage. A charming shared front patio with seating and BBQ creates an inviting outdoor gathering space and extends the living experience beyond the individual residences. The location is truly exceptional—within easy walking distance of the beach, bay, restaurants, boutiques, schools, and the world-famous Wedge Beach. Enjoy morning walks along the sand, afternoons on the bay, or the vibrant dining and coastal lifestyle that makes the Balboa Peninsula so sought-after. Peninsula Point is celebrated for its iconic community traditions, including the Christmas Boat Parade and Fourth of July festivities, as well as its proximity to the private Bay Beach and tennis club. Rarely does a property offer this combination of four turnkey residences, owner-quality renovation, parking, outdoor space, and an irreplaceable coastal location. 1609 E Balboa Blvd is a distinctive Newport Beach offering with the flexibility to enjoy as an investment, personal retreat, or both—a truly special opportunity in one of the coast’s most prized neighborhoods.

1609 E Balboa Boulevard, Newport Beach
$5,695,000
OC26199394 MLS ⋅ Active Status
**Maximize your portfolio with this rare turnkey four-unit offering in coveted Peninsula Point, just moments from both the beach and bay.** 1609 E Balboa Blvd presents a meticulously maintained and extensively upgraded property in one of Newport Beach’s most desirable coastal enclaves. The property features four one-bedroom, one-bathroom residences, offering an exceptional combination of investment potential, quality, and quintessential Newport Beach lifestyle. Three units were fully remodeled in 2021, while the lower unit underwent a complete renovation in 2025 with the level of quality and finish found in a newly built luxury Newport Beach home. Designed with the owner in mind, Unit D features high-end finishes throughout, a split-system AC, and a floor plan that can easily be converted to a two-bedroom configuration—an especially appealing option for an owner-user seeking a refined coastal residence. The building is exceptionally turnkey and thoughtfully maintained, with substantial upgrades throughout. Two sets of stackable washers and dryers serve the property, and upgraded tankless water heaters were installed in 2022. Each unit has separate electricity and gas, while the owner pays for water and trash, as well as common-area laundry expenses. Three units each include an attached one-car garage, providing highly coveted off-street parking and additional storage. A charming shared front patio with seating and BBQ creates an inviting outdoor gathering space and extends the living experience beyond the individual residences. The location is truly exceptional—within easy walking distance of the beach, bay, restaurants, boutiques, schools and the world-famous Wedge Beach. Enjoy morning walks along the sand, afternoons on the bay, or the vibrant dining and coastal lifestyle that makes the Balboa Peninsula so sought-after. Peninsula Point is celebrated for its iconic community traditions, including the Christmas Boat Parade and Fourth of July festivities, as well as its proximity to the private Bay Beach and tennis club. Rarely does a property offer this combination of four turnkey residences, owner-quality renovation, parking, outdoor space, and an irreplaceable coastal location. 1609 E Balboa Blvd is a distinctive Newport Beach offering with the flexibility to enjoy as an investment, personal retreat, or both—a truly special opportunity in one of the coast’s most prized neighborhoods.

1609 E Balboa Boulevard, Newport Beach
$4,195,000
2 Beds ⋅ 2 Baths ⋅ NP26204802 MLS ⋅ Active Status
Known as the “Happy House” by neighbors who have long admired its unmistakable charm, 2004 E Ocean Boulevard is a true piece of Peninsula Point history. Designed by Don Phillips, the local legend credited with bringing the frozen banana to Newport Beach, this beloved cottage has a place in the story of the Peninsula that goes well beyond its impossibly charming facade. Phillips’ frozen-banana legacy became part of Newport folklore—and ultimately helped inspire the fictional banana-stand world of Arrested Development. Today, that history lives beautifully alongside a remarkably thoughtful designer renovation. The home’s original soul was carefully preserved—from its distinctive diamond windows to its whimsical cupola—while every other detail was elevated with intricate millwork, natural stone, custom cabinetry, Warren Christopher wide-plank flooring, a Wolf range, Sub-Zero refrigerator, Shade Store window coverings, beautifully appointed baths, and a new roof. The result is a two-bedroom, two bath, single-level beach cottage that feels both polished and wonderfully personal. Every inch has been considered, and every square foot is exceptionally livable—proof that a smaller home can have an extraordinary presence. Positioned on the sunny side of Ocean Boulevard, just two homes from the sand and iconic L Street beach, the location is prime Peninsula Point. The Wedge is steps away, and the legendary swells can be heard year round. Residents also have the option to join the Peninsula Point HOA’s bayfront lounge, barbecue area, vessel launch, and optional security patrol. A little piece of Newport history, lovingly preserved and impeccably reimagined, the “Happy House” is as rare as it is charming—and perhaps one of the sweetest beach cottages anywhere on the Peninsula. Grab a frozen banana and welcome yourself home to 2004 E Ocean Boulevard.

2004 E Ocean Boulevard, Newport Beach
$8,980,000
5 Beds ⋅ 6 Baths ⋅ NP26197836 MLS ⋅ Active Status
There is a reason Peninsula Point has long been one of Newport Beach's most celebrated coastal enclaves - where morning beach walks, afternoons on the harbor, and evening sunsets over the ocean become part of everyday life. Crafted to embody that unmistakable coastal cadence, this exceptional designer residence occupies one of the Point's larger parcels just moments from both bay and beach, where timeless architecture, meticulously curated interiors, and beautiful harbor and ocean views define an extraordinary coastal retreat. Beyond the charming Dutch door entry, a lush garden courtyard sets the tone. Here an intimate firepit lounge welcomes sunny afternoons and relaxed evenings with friends. Expansive walls of glass and oversized windows flood the home with natural light, creating airy interiors that remain seamlessly connected to the coastal landscape. Encompassing five bedrooms and five-and-one-half baths, the home is distinguished by bespoke finishes, custom wall treatments, statement lighting, designer window coverings, and a serene palette of warm whites, soft neutrals, and natural textures. Generous living, dining, and kitchen spaces open to one another in a way that feels intuitive and welcoming. The primary suite enjoys abundant natural light, calming water views, and refreshing ocean breezes, creating a restful retreat. The serene spa bath features a deep soaking tub and steam shower. Each beautifully appointed guest suite offers privacy and comfort – while a custom-designed bunk room provides a playful, yet refined retreat destined to become a favorite space for family members and guests. Above it all, spectacular rooftop terraces capture views of Newport Harbor, the Pacific Ocean, and city skyline. A handcrafted cedar hot tub, covered lounges, a porch swing, and multiple vantage points for unforgettable sunsets and harbor lights create an extraordinary setting for entertaining or quiet moments above the coast. Enhanced by smart-home technology, solar power, a household battery backup system, a two-car garage, and dedicated golf cart parking - and positioned just steps from both the bay and the beach - this remarkable residence captures everything that makes Peninsula Point one of Newport Beach's most sought-after addresses. Offering water views, exceptional outdoor living, stunning finishes and a thoughtful floorplan, it represents a rare opportunity to own a home as extraordinary as the lifestyle it affords.

1416 E Balboa Boulevard, Newport Beach
$4,599,000
NP26196683 MLS ⋅ Active Status
Rare opportunity to own a four-unit investment property on an oversized corner lot on the ocean side of Balboa Blvd, directly across from Marina Park and just steps from the beach and surfing at The Point. Ideally positioned near Newport Pier, this exceptional Peninsula location puts the ocean, bay, boardwalk, dining, and entertainment all within easy reach. The property features a spacious 4-bedroom, 2-bathroom unit with an active Short-Term Rental (STR) permit, offering valuable vacation rental income potential in one of Newport Beach’s most desirable coastal destinations. The remaining three units are each 2 bedrooms and 1 bathroom and are operated as long-term rentals, providing an attractive combination of short-term and stable long-term rental income. Adding to the property’s appeal, each of the four units has its own private garage—a rare and highly desirable amenity on the Balboa Peninsula. The oversized corner lot further distinguishes the property, providing excellent presence and a setting that is increasingly difficult to find in this coveted beach community. With Marina Park directly across the street, surfing at The Point just steps away, Newport Pier nearby, and both the ocean and bay at your doorstep, 1733 W Balboa Blvd presents a unique opportunity to acquire a four-unit Newport Beach investment combining location, income versatility, parking, and the quintessential Peninsula lifestyle.

1733 W Balboa Boulevard, Newport Beach
$4,450,000
3 Beds ⋅ 2 Baths ⋅ NP26195233 MLS ⋅ Active Status
Some locations simply can’t be replicated. Set on the sunny side of Ocean Boulevard near the coveted tip of the Balboa Peninsula, 1706 E. Ocean Blvd puts one of Newport Beach’s most iconic coastal settings right outside your door. Walk to the sand, The Wedge, and the harbor, or hop on a bike to Balboa Pier and experience everything the Peninsula has to offer.  This distinctive coastal residence makes a memorable first impression with its dramatic A-frame architecture, soaring wood-beamed ceilings, expansive windows, and lush, beautifully landscaped surroundings. A private brick walkway leads through a tranquil garden entry framed by mature trees, tropical plantings, and a classic fountain.  Inside, the inviting living room showcases a vaulted, wood-paneled ceiling with exposed beams, abundant natural light, warm wood accents, and an open staircase that emphasizes the home's airy volume. Large windows bring the greenery indoors, while the thoughtfully styled interiors create a relaxed, comfortable coastal atmosphere.  The home's standout architectural character continues throughout, blending natural materials, generous glazing, and indoor-outdoor appeal. Beautifully maintained and thoughtfully upgraded, this charming 3-bedroom, 2-bath home combines an exceptional location with a versatile two-story layout and a long list of meaningful upgrades. The main level features a bedroom, bath and den, while upstairs is dedicated to an expansive primary retreat with an oversized walk-in closet, the third bedroom, and a large media/flex room provides direct access to your own private balcony with a retractable patio cover.  The kitchen, bathrooms, windows, doors and closets have all been upgraded, while cedar-lined closets add timeless character throughout.  Adding a distinctive touch, the home includes two impressive fish tanks and stained-glass windows offering beautiful visual interest and unique focal points.  The finished 2 car garage goes well beyond the expected and the yard offers a private setting for outdoor entertaining and relaxation.  Meticulously cared for and positioned in one of Newport Beach’s most desirable coastal enclaves, this is the kind of home where the real luxury is the lifestyle—morning walks along the ocean, afternoons at the beach, bike rides around the Peninsula, and sunsets just steps from home. This is truly a rare opportunity to own a home with exceptional character, architectural appeal, and a truly special coastal setting.

1706 E Ocean Boulevard, Newport Beach
$2,400,000
NP26193591 MLS ⋅ Active Status
RARE BALBOA PENINSULA REDEVELOPMENT OPPORTUNITY. Located in the heart of Newport Beach’s iconic Balboa Peninsula, 203 6th Street presents a unique opportunity for investors, developers, and those seeking to create a new coastal residence in one of Southern California’s most coveted beach communities. The property is currently configured as a triplex consisting of three separate one-bedroom units, offering immediate income potential while providing an exceptional opportunity to reimagine the property for the future. Situated on an approximately 2,178-square-foot lot, the property’s existing configuration provides flexibility for a variety of investment strategies. An investor may choose to maintain and improve the existing three-unit income property, while a developer or owner-user may explore the potential to redevelop the site and maximize its value through a new construction project, subject to City of Newport Beach approvals and applicable zoning and development regulations. The property’s location is a major part of the opportunity. Positioned just moments from the beach, bay, restaurants, shops, and the vibrant entertainment that defines the Balboa Peninsula, this is an exceptionally walkable coastal setting. The combination of a highly desirable Peninsula location, existing multifamily use, and valuable land creates a compelling proposition for buyers looking beyond the current improvements. For developers, the real opportunity lies in the land. The existing structure can serve as a source of rental income while plans are evaluated, or the site can be considered for a future redevelopment project. Buyers should independently verify zoning, allowable density, setbacks, building requirements, parking requirements, and any other development parameters with the City of Newport Beach. Whether acquired as an income-producing triplex, repositioned through renovation, or explored as a future redevelopment site, 203 6th Street offers a rare chance to secure a piece of Balboa Peninsula real estate with significant long-term potential.

203 6th Street, Newport Beach
$10,995,000
5 Beds ⋅ 4 Baths ⋅ OC26192516 MLS ⋅ Active Status
Set directly on the bay in Newport Beach, 1444 W Bay Avenue offers a rare combination of waterfront living, premium 55’ and 42’+ dockage, generous interior space, and a coveted corner-lot setting on the Balboa Peninsula. The two-story residence spans approximately 3,742 square feet with five bedrooms, four bathrooms, providing an exceptional canvas for creating a custom bayfront home. Expansive windows and outdoor spaces take advantage of panoramic views across Newport Harbor, with the bay serving as the backdrop throughout the property. The main level features a formal entry, spacious living areas, dining room, kitchen, and direct access to the waterfront patio and dockage. Three separate entrances provide convenient access throughout the property. Upstairs, all five bedrooms are joined by additional living space, including a loft and wet bar that open to a patio overlooking Balboa Boulevard with a glimpse of the ocean, along with balconies overlooking the harbor. High ceilings, a living room fireplace, elevator, interior laundry, and abundant storage add to the home’s substantial footprint. A three-car attached garage and seven total parking spaces on the property provide a level of convenience rarely found along the bay.

1444 W Bay, Newport Beach
$25,950,000
5 Beds ⋅ 6 Baths ⋅ NP26190102 MLS ⋅ Active Status
A rare Newport Harbor bayfront estate, 1114 E. Balboa Boulevard pairs 60 feet of waterfront frontage with exceptional dockage, panoramic views, and a beautifully designed residence set on a coveted double lot. Thoughtfully remodeled with interiors by Barclay Butera, the home is designed around its extraordinary setting, with generous living spaces opening to expansive waterfront patios ideal for entertaining and taking in the harbor views. Four bedrooms upstairs include a spectacular primary retreat with separate his-and-her baths, while a fifth bedroom or office on the main level offers added flexibility, with an elevator connecting both levels. Along the waterfront, a substantial U-shaped private dock offers exceptional capacity for multiple large vessels, placing the best of Newport Harbor just beyond your door. With the bay on one side and the beach just across the street, this exceptional Peninsula location offers the opportunity to enjoy both harbor and beach living. An extraordinary combination of waterfront presence, significant dockage, timeless design, and an irreplaceable setting.

1114 E Balboa Boulevard, Newport Beach
$14,995,000
4 Beds ⋅ 6 Baths ⋅ NP26188144 MLS ⋅ Active Status
928 East Balboa Boulevard offers rare Balboa Peninsula bayfront living with an oversized patio, grassy yard and private dock able to accommodate a 50ft vessel and a Duffy boat. Built in 2016 and meticulously maintained, this three-level beach house exudes casual seaside elegance with high ceilings and light-filled rooms throughout, clad in tasteful finishes, and anchored by a premium chef's kitchen open to a grand living space with sweeping views of the bay, city lights, and boats passing through Newport Harbor. Three guest suites each offer en suite baths and abundant natural light, while the primary retreat impresses with dual baths, dual walk-in closets, a sitting area, and a private deck with sunset views toward Fashion Island. The third floor delivers true indoor/outdoor entertaining with a rear deck boasting rare ocean and bay views, a front deck overlooking the bay and city lights — complete with a kitchenette, wet bar, built-in BBQ, dishwasher, and generous dining space — as well as a full bedroom and bathroom. Just steps to the Balboa Pier, Fun Zone, Balboa Island Ferry, the Wedge, and Newport's finest dining. This turnkey bayfront retreat also includes a two-car garage and panoramic views from every level.

928 E Balboa Boulevard, Newport Beach
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.