Balboa Peninsula (NP) Homes with Courtyard View

Welcome to Balboa Peninsula, a hidden gem nestled in the heart of Newport Beach, California. This stunning coastal community is renowned for its picturesque views, vibrant atmosphere, and laid-back lifestyle. With the Pacific Ocean as your backyard, residents enjoy sun-soaked beaches, charming boardwalks, and a plethora of recreational activities that make every day feel like a vacation.

Balboa Peninsula is a unique blend of classic beach cottages and modern luxury homes, many of which boast captivating courtyard views. Imagine waking up to the gentle sound of waves and sipping your morning coffee in a serene outdoor space, surrounded by lush landscaping and the warm California sun. These homes not only provide a tranquil retreat but also serve as a perfect backdrop for entertaining friends and family, creating memories that will last a lifetime.

The community is alive with energy, offering a variety of dining options, boutique shopping, and vibrant nightlife. Whether you're taking a leisurely stroll along the iconic Balboa Pier, enjoying fresh seafood at a local eatery, or exploring the eclectic shops, there’s always something to see and do.

For those who appreciate the charm of coastal living, Balboa Peninsula presents an ideal opportunity. With homes featuring courtyard views, you can relish in the beauty of your surroundings while enjoying the best of Newport Beach. Discover the perfect blend of relaxation and adventure in this enchanting neighborhood, where your dream home awaits amidst the sun, surf, and sand. Welcome to Balboa Peninsula, where life is truly a beach!

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.