Balboa Peninsula (NP) Homes with Courtyard View

Welcome to Balboa Peninsula, a captivating gem nestled in the heart of Newport Beach, California. This enchanting coastal neighborhood is renowned for its stunning beaches, vibrant atmosphere, and charming architecture, making it an ideal destination for those seeking the quintessential Southern California lifestyle.

Balboa Peninsula is bordered by the Pacific Ocean, offering residents and visitors alike easy access to sun-soaked sands and refreshing ocean breezes. The area boasts a lively boardwalk, perfect for leisurely strolls or bike rides, where you can soak in the picturesque views of the coastline. With an array of trendy boutiques, delightful cafes, and exquisite dining options, Balboa Peninsula is a hub of activity and excitement.

One of the standout features of homes in this area is the alluring courtyard view. Many properties are designed to embrace the outdoors, providing private courtyards that serve as serene retreats for relaxation and entertainment. Imagine sipping your morning coffee while basking in the sunshine or hosting evening gatherings under the stars, all from the comfort of your own home. These courtyard spaces enhance the coastal living experience, blending indoor and outdoor lifestyles seamlessly.

Whether you’re looking for a beachside bungalow or a luxurious estate, Balboa Peninsula offers a diverse selection of homes that cater to various tastes and preferences. With its stunning ocean views, vibrant community, and inviting atmosphere, Balboa Peninsula is not just a place to live, but a lifestyle to embrace. Discover your dream home in this coastal paradise and experience the magic of Newport Beach living!

Newest Balboa Peninsula (NP) Homes with Courtyard View

$27,950,000

6 Beds ⋅ 6 Baths ⋅ NP26015959 MLS ⋅ Active Status

Experience luxury beach front living and investment potential with 1504 W Oceanfront, a one-of-a-kind mixed-use property in Newport Beach on the Balboa Peninsula. This premier property spans approximately 7,609 square feet on a 5,000-square-foot corner lot with 100 feet of ocean frontage and breathtaking panoramic views from Newport Pier to Balboa Pier and beyond. Three residential units with three short-term lodging permits and two commercial spaces, this exceptional five-unit offering blends coastal charm with modern luxury. The commercial spaces include the iconic “15th Street Surf Shop” retail store and an oceanfront restaurant currently under renovation, formerly known as “The Stuft Surfer”. The three separate residential units consist of a three bedroom residence, a newly built two bedroom residence with an office/bonus room, in addition to a newly constructed one bedroom unit. All three units hold short-term rental permits (SLPs), a rare and valuable asset in Newport Beach. This property is primed for exceptional income generation, with pro forma projections estimating $920,608 in annual gross revenue combined from short-term rentals and commercial leasing. A standout feature of this estate is its expansive 50x50-foot rooftop deck, one of the largest oceanfront decks on the Balboa Peninsula, offering unparalleled ocean and bay views with endless opportunities for entertainment and relaxation. 1504 W Oceanfront is not just a five-in-one compound; it’s a legacy property that delivers both immediate value and long-term returns in the highly coveted Newport Beach market.

1504 W Oceanfront Unit 5, 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.