Balboa Peninsula (NP) Homes with Business Subtype

Balboa Peninsula (NP) Homes with Business Subtype

Welcome to the picturesque Balboa Peninsula, a hidden gem nestled in the heart of Newport Beach, California. This vibrant coastal community is renowned for its stunning beaches, charming boardwalk, and lively atmosphere, making it the perfect destination for those seeking a blend of relaxation and excitement. The Balboa Peninsula is not just a place to live; it’s a lifestyle defined by sun-soaked days, ocean breezes, and a strong sense of community.

One of the most appealing aspects of Balboa Peninsula is its unique housing market, particularly for those looking to combine their residential space with business opportunities. Homes with a business subtype are a prevalent feature in this area, offering residents the rare chance to operate a business from the comfort of their own home. Whether it's a quaint café, a trendy boutique, or a cozy vacation rental, the possibilities are endless. This flexibility allows homeowners to enjoy the vibrant coastal lifestyle while running a business that thrives in the bustling tourism hub of Newport Beach.

The Balboa Peninsula is not just about the homes; it’s about the lifestyle. With easy access to the iconic Balboa Fun Zone, various water sports, and a plethora of dining options, residents can immerse themselves in the local culture. The area is also known for its friendly neighborhoods and community events, creating a welcoming atmosphere for families, entrepreneurs, and beach lovers alike.

Experience the perfect blend of home and business in Balboa Peninsula, where every day feels like a vacation, and opportunities abound. Come discover your dream coastal lifestyle today!

Newest Balboa Peninsula (NP) Homes with Business Subtype

510 E Balboa, Newport Beach
$7,499,000
NP26236702 MLS ⋅ Active Status
Exceptional investment and redevelopment opportunity in the heart of Newport Beach's iconic Balboa Peninsula. Ideally situated just moments from the beach and Newport Harbor, 510 E Balboa Boulevard offers a rare opportunity to acquire a mixed-use property in one of Southern California's most desirable coastal communities. The property is currently operated as a liquor store, with the existing business available for purchase separately from the real estate. The property is zoned MU-V (Mixed-Use Vertical), offering potential redevelopment opportunities. Preliminary development potential includes up to five residential units and one commercial unit, subject to confirmation with the City of Newport Beach and all applicable zoning, density, parking, coastal development, and permitting requirements. Surrounded by popular restaurants, retail, waterfront attractions, and established residential neighborhoods, the property benefits from its prime location on the Balboa Peninsula. With convenient access to the beach, Balboa Fun Zone, Newport Harbor, and the Balboa Ferry, this location offers exceptional appeal for both residential and commercial uses. Whether you're an investor seeking an income-producing coastal asset or a developer looking to capitalize on the demand for residential and commercial space in Newport Beach, this property presents a compelling opportunity.

510 E Balboa, 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.

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