Balboa Peninsula (NP) Homes with Courtyard View

Welcome to Balboa Peninsula, a vibrant jewel nestled in the heart of Newport Beach, California. This picturesque region is renowned for its stunning coastal views, charming boardwalks, and a lifestyle that perfectly blends relaxation with adventure. Whether you’re strolling along the sandy beaches or enjoying the lively atmosphere of local shops and eateries, Balboa Peninsula offers a unique coastal experience that captivates both residents and visitors alike.

One of the standout features of homes in this enchanting area is the delightful courtyard view. Imagine waking up each morning to the gentle sea breeze and the soothing sounds of waves lapping at the shore, all while enjoying the serene ambiance of your own private courtyard. These homes are designed not just for living, but for creating cherished memories, providing the perfect backdrop for gatherings with family and friends.

The architectural charm of Balboa Peninsula homes, combined with their proximity to the beach, makes them highly sought after. Many properties boast spacious layouts, modern amenities, and lush landscaping that enhances the outdoor living experience. With the backdrop of palm trees and ocean sunsets, your courtyard becomes an oasis of tranquility, a perfect place to unwind after a day of beachside fun.

Living in Balboa Peninsula means embracing a lifestyle filled with outdoor activities, from surfing and paddleboarding to biking along the scenic coastline. Whether you’re seeking a permanent residence or a vacation getaway, homes with courtyard views in this idyllic locale promise a life of comfort, beauty, and endless coastal adventures. Discover your dream home in Balboa Peninsula today and immerse yourself in the quintessential Southern California lifestyle!

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.