Balboa Peninsula (NP) Homes with Courtyard View

Welcome to the enchanting Balboa Peninsula, a gem nestled in the heart of Newport Beach, California. This vibrant coastal community is a paradise for those seeking the perfect blend of beachside living and urban convenience. With its picturesque views and a laid-back atmosphere, Balboa Peninsula offers an idyllic lifestyle that attracts both residents and visitors alike.

Imagine waking up to the gentle sound of waves lapping against the shore, with the sun casting a warm glow over your charming courtyard view home. The properties here are designed to embrace the coastal lifestyle, featuring spacious layouts that seamlessly blend indoor and outdoor living. Many homes boast private courtyards, where you can enjoy morning coffee or evening gatherings surrounded by lush landscaping and ocean breezes.

Balboa Peninsula is not just about stunning homes; it’s also a hub of activity. The nearby beaches are perfect for sunbathing, surfing, and beach volleyball, while the iconic Balboa Fun Zone offers a delightful mix of entertainment, dining, and shopping. Stroll along the boardwalk, indulge in fresh seafood at local eateries, or take a ferry ride to Balboa Island for a taste of quaint charm.

The community is also known for its friendly atmosphere, with a variety of events and activities throughout the year that foster neighborly connections. Whether you're looking for a permanent residence or a vacation getaway, Balboa Peninsula offers a unique opportunity to embrace the Southern California lifestyle in a truly captivating setting. Come discover your dream home with a courtyard view in this coastal paradise!

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

Start Your Search

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.