Balboa Peninsula (NP) Homes with Three Or More Levels Stories

Welcome to Balboa Peninsula, a picturesque gem nestled in the heart of Newport Beach, California. This vibrant coastal community is renowned for its stunning oceanfront views, eclectic dining options, and a laid-back lifestyle that perfectly embodies the Southern California spirit. With its sun-kissed beaches and charming boardwalk, Balboa Peninsula offers a unique blend of relaxation and recreation, making it an ideal destination for both residents and visitors alike.

As you explore the real estate opportunities here, you'll discover a variety of homes that cater to diverse tastes and lifestyles. Among the standout properties are those with three or more levels, which provide an abundance of space and stunning vistas. These multi-story homes are designed to maximize the breathtaking views of the Pacific Ocean, allowing you to enjoy spectacular sunsets from the comfort of your own living room or rooftop deck.

Living in Balboa Peninsula means embracing a lifestyle filled with outdoor adventures. Whether it’s surfing the waves, paddleboarding in the bay, or simply lounging on the sandy beaches, there’s never a shortage of activities to keep you entertained. The area is also home to a vibrant community, with charming shops, trendy cafes, and delightful eateries that make every day feel like a vacation.

If you're seeking a home that offers both elegance and a beachside lifestyle, Balboa Peninsula’s multi-level homes provide the perfect blend of luxury and comfort. Experience the best of Newport Beach living—where every day is a chance to bask in the sun and enjoy coastal bliss!

Newest Balboa Peninsula (NP) Homes with Three Or More Levels Stories

$9,890,000

5 Beds ⋅ 6 Baths ⋅ NP26158244 MLS ⋅ Active Status

There is a reason Peninsula Point has long been one of Newport Beach's most coveted coastal enclaves - where morning beach walks, afternoons on the harbor, and evenings watching the sun sink into the Pacific become part of everyday life. Crafted to embody that unmistakable coastal cadence, this exceptional designer residence occupies one of the Point's larger parcels just moments from both bay and beach, where timeless architecture, meticulously curated interiors, and beautiful harbor and ocean views define an extraordinary coastal retreat. Beyond the charming Dutch door entry, a lush garden courtyard unfolds as an outdoor living room. Here an intimate firepit lounge welcomes sunny afternoons and relaxed evenings with friends. Expansive walls of glass and oversized windows flood the home with natural light, creating airy interiors that remain seamlessly connected to the coastal landscape. Encompassing five bedrooms and five-and-one-half baths, the home is distinguished by bespoke finishes, custom wall treatments, statement lighting, designer window coverings, and a serene palette of warm whites, soft neutrals, and natural textures. Generous living, dining, and kitchen spaces open to one another in a way that feels intuitive and welcoming. The primary suite enjoys abundant natural light, calming water views, and refreshing ocean breezes, creating a restful retreat. The serene spa bath features a deep soaking tub and steam shower. Each beautifully appointed guest suite offers privacy and comfort – while a custom-designed bunk room provides a playful, yet refined retreat destined to become a favorite space for family members and guests. Above it all, spectacular rooftop terraces capture views of Newport Harbor, the Pacific Ocean, and city skyline. A handcrafted cedar hot tub, covered lounges, a porch swing, and multiple vantage points for unforgettable sunsets and harbor lights create an extraordinary setting for entertaining or quiet moments above the coast. Enhanced by smart-home technology, solar power, a household battery backup system, a two-car garage, and dedicated golf cart parking - and positioned just steps from both the bay and the beach - this remarkable residence captures everything that makes Peninsula Point one of Newport Beach's most sought-after addresses. Offering water views, exceptional outdoor living, stunning finishes and a thoughtful floorplan, it represents a rare opportunity to own a home as extraordinary as the lifestyle it affords.

1416 E Balboa Boulevard, Newport Beach

$3,998,000

4 Beds ⋅ 5 Baths ⋅ NP26149960 MLS ⋅ Active Under Contract Status

A rare opportunity to create a brand-new coastal-inspired luxury residence in one of Newport Beach's most desirable neighborhoods. Being delivered with fully approved plans, this premier homesite offering - located one door from the sand - allows the next owner to immediately begin construction, eliminating the time and uncertainty often associated with the planning and entitlement process. The approved plans showcase a thoughtfully designed four-bedroom, four-and-one-half-bath residence that blends timeless coastal architecture with sophisticated modern living. Conceived to maximize natural light, comfort, and seamless indoor-outdoor flow, the proposed home offers expansive living and entertaining spaces on three levels. The design is highlighted by a versatile third-floor bonus room and spectacular covered and uncovered rooftop terraces that create an extraordinary setting for sunset gatherings, coastal breezes, and year-round outdoor enjoyment. Additional features include an elevator, a two-car garage, dedicated golf cart parking, and carefully curated spaces that reflect the relaxed yet elevated lifestyle synonymous with Newport Beach. Whether envisioned as a primary residence or coastal retreat, this offering represents a unique opportunity to build a distinctive new construction home with a fully vetted design already in place—allowing the buyer to focus on the excitement of creating an exceptional customized residence in one of Newport Beach's most coveted beachside communities.

1589 E Ocean Boulevard, Newport Beach

$4,150,000

3 Beds ⋅ 5 Baths ⋅ NP26143084 MLS ⋅ Active Status

Welcome to 428 E Bay Avenue, a quintessential coastal retreat ideally located just one home from the bay and two blocks from the ocean and boardwalk in the heart of the Balboa Peninsula, moments from the Balboa Pier, ferry, and Fun Zone. With timeless beach cottage charm and classic coastal appeal, this move-in ready residence offers an effortless blend of style and functionality, featuring a light-filled great room, open-concept kitchen, and powder bath on the main level, while upstairs three spacious bedrooms each enjoy ensuite bathrooms for ultimate comfort and privacy. The rooftop deck captures refreshing bay breezes, passing boats, and city lights into the evening—perfect for embracing the vibrant Peninsula lifestyle year-round—while a bonus room with an additional bathroom provides flexible space for guests, a home office, or secondary living area. Complete with a versatile garage for parking, storage, bikes, and beach essentials, this is a rare opportunity to own a turnkey home in one of Newport Beach’s most iconic and sought-after beachside locations.

428 E Bay Avenue, Newport Beach

$57,500,000

6 Beds ⋅ 8 Baths ⋅ NP26093046 MLS ⋅ Active Status

With its stunning waterfront views, impressive proportions, and curated selection of custom amenities, this newer (2023) contemporary showplace is among the finest residences in Newport Beach. Located on the Balboa Peninsula, the estate boasts nearly 100' of frontage along the Newport Channel, welcoming views of the water, passing yachts and sailboats, evening lights, Saddleback Mountain, Lido Isle and the towers of Newport Center and Fashion Island. Equally breathtaking, the home reflects the talents of architect Paul McClean, Gallo Builders and Lynda Murray Interior Design in an architecturally unparalleled collage of glass, marble, metal and wood. Italian veined white marble cladding and custom rain glass hint at the beauty that awaits beyond the entrance gate, where a garden complements a glass bridge that leads the way to a pivoting glass front door. Channel views are enjoyed from the moment the gate opens and continue throughout the three-level design, where six en suite bedrooms and seven-and-one-half-baths offer comfort for all in appx. 12,749 SF. Walls of glass and Sky-Frame slide-away glass doors pocket doors up to nearly 50' long create a seamless transition to outdoor areas including a lower-level pool, and a main-level bayfront terrace with kitchen and private dock for multiple vessels. Panoramic views overlook the ocean, harbor, mountains and coast from a massive rooftop patio that extends about 3,200 SF and hosts a second pool, and outdoor kitchen with grill, pizza oven and an island with seating for 10. A custom elevator joins a phenomenal spiral staircase with mirror-polished rails in offering access to all three levels of the residence. Discover a great room with see-through fireplace shared with the covered patio, a walk-in 750-bottle wine room, 192-bottle temperature-controlled wine wall, and a dining room that flows to top-tier front-and-back kitchens with Poliform Italian cabinetry and Miele, Sub-Zero and Liebherr appliances. The lower level reveals a lounge with bar, state-of-the-art theater with starry-night ceiling and concession stand, VR racing room, and fitness center with Rogue equipment and Pavi Gym rubber flooring from Spain. Your private wellness center presents a massage/meditation room, light-therapy room, steam shower and sauna. Unobstructed views enhance the top-floor’s primary suite and bath, featuring a large balcony and heated floors. Smart home tech and a four-car garage with single hydraulic door lend added cachet.

1220 W Bay Avenue, Newport Beach

$5,385,000

6 Beds ⋅ 7 Baths ⋅ NP26117423 MLS ⋅ Active Status

One house from the boardwalk. Two fully independent residences, built and finished to a single standard of quality, on one of the Balboa Peninsula's most coveted blocks. The primary residence at 419 E Balboa is ground-up newer construction, completed in 2017 across three thoughtfully designed levels. Three bedrooms, four bathrooms, private elevator, and a rooftop deck with open ocean and Balboa Pier views that redefine what it means to live on the Peninsula. The upper-level living space opens seamlessly to the outdoors, offering light, air, and water in every direction. This is a well-executed home perfectly positioned just one house from the boardwalk. The second residence at 417 E Balboa is a completely renovated three-bedroom, three-bathroom home with a private office, rebuilt and refreshed to a high standard. It features hardwood floors on the upper level, luxury porcelain tile on the lower, spacious bedrooms, an office, and a main-level primary bedroom. Fully independent and turnkey, 417's existing layout—with dual living areas, a full kitchen, and a kitchenette across its two levels—lends itself naturally to a range of income strategies, including ADU conversion on the lower level potentially creating a multi-unit rental opportunity. The property is also zoned for short term rentals, with permit availability subject to the City's current waitlist. Together: 6 bedrooms, 7 bathrooms, across over 3,450 interior square feet with ample parking— a genuine rarity on the Peninsula — and a location one house from the boardwalk. The primary residence delivers the lifestyle. The second delivers the flexibility. That combination, at this location, doesn't come around often.

419 E Balboa, Newport Beach

$8,349,000

4 Beds ⋅ 5 Baths ⋅ NP26116066 MLS ⋅ Active Status

A seamless blend of modern design and laid-back, Southern California style, this newer construction 4 bedroom, 5 bath home positioned just one house from the sand within the charming neighborhood of Balboa Peninsula Point affords a rarely available turn-key lifestyle opportunity at the beach. With interior appointments expertly designed by Denise Morrison of House of Morrison Interiors the residence speaks to both sophistication and comfort, engaging a palette of timeless stone, textured neutrals, and rich wood. Open plan living spaces flow from inside to the outdoors, with disappearing walls of glass unveiling tranquil patio spaces made for entertaining. Bespoke interior finishes include abundant wood ceiling detail, refined designer lighting, and the thoughtful implementation of handcrafted stone and tile. A stunning professional-grade kitchen commands attention with abundant storage and prep space, a separate butler’s pantry, and chic wet bar. Upstairs three guest bedroom areas (one currently used an an office) accompany the luxurious, hotel-like primary suite highlighted by soaring ceilings, a private terrace, walk-in dressing area with artisan millwork, and a dramatic spa bath with separate dressing vanity area. The ultimate destination for socializing, the grand rooftop deck enjoys peek-a-boo ocean views, covered and uncovered lounge areas, and is adjoined by a lofted media room/den with a wet bar and full bath. An attached two car garage, two laundry areas, and automated lighting, window, and AV systems complete this residence built with a focus on timeless, warm contemporary design. An opportunity to enjoy luxurious beach living and the amenities associated with the premier location of Balboa Peninsula Point.

1717 E Ocean Boulevard, Newport Beach

$6,895,000

4 Beds ⋅ 5 Baths ⋅ NP26105485 MLS ⋅ Active Status

Tranquil coastal living meets elevated design at 503 L Street, ideally situated on Peninsula Point just a few homes from the bay and moments from the ocean. This thoughtfully designed three-level residence offers four bedrooms and four and a half bathrooms, with a bright, open-concept main level that captures a refined California coastal aesthetic through soaring ceilings and seamless indoor-outdoor flow. Every detail has been carefully curated, from the elevator that goes to all three levels to the marble countertops and wide-plank oak flooring throughout. The gourmet kitchen is both functional and beautifully appointed, featuring custom cabinetry, Wolf appliances, and a Sub-Zero panel-ready refrigerator and freezer. The private primary suite serves as a true retreat, complete with a fireplace, view balcony, and a spacious, spa-like bath. Designed for effortless entertaining, the third-level California Room includes a wet bar and opens to a rooftop deck with sweeping city lights and coastal views. A two-car garage completes this exceptional offering, delivering both convenience and a highly coveted Peninsula Point lifestyle.

503 L Street, Newport Beach

$4,500,000

4 Beds ⋅ 5 Baths ⋅ NP26103015 MLS ⋅ Active Status

3601 & 3603 Lake Avenue | Newport Beach Introducing a rare new construction opportunity in the heart of Newport Beach. 3601 and 3603 Lake Avenue are two newly built luxury residences scheduled for completion June 1, 2026, offering refined coastal living, timeless design, and breathtaking “forever water views” stretching from the iconic 38th Street Bridge to Newport Island. Each approximately 2,200 square foot residence has been thoughtfully designed with sophisticated contemporary finishes, expansive glass walls, open-concept living spaces, and seamless indoor-outdoor flow. Both homes feature spectacular rooftop entertaining decks designed to maximize the panoramic bay and ocean views, creating the ultimate setting for sunset dining, lounging, and year-round coastal entertaining. Curated in collaboration with Blackband Design, the interiors showcase custom cabinetry, premium stone surfaces, designer-selected materials, wide plank flooring, elegant fireplaces, spa-inspired bathrooms, and elevated architectural detailing throughout. Spacious primary suites, multiple outdoor living areas, bonus spaces, and attached garages further elevate the livability and functionality of these exceptional homes. Perfectly positioned just moments from the sand, bay, harbor, restaurants, and world-class shopping and dining, these residences offer an unmatched Newport Beach lifestyle in one of the area’s most desirable coastal enclaves. Each property is offered at $4,500,000, or both residences may be purchased together for $9,000,000. All renderings and specifications are conceptual and subject to change

3601 Lake Avenue, Newport Beach

$7,500,000

3 Beds ⋅ 4 Baths ⋅ NP26099391 MLS ⋅ Active Status

Very few things in Newport Beach are truly rare. A newly designed beachfront residence, built to order on the sand, is one of them. 5109 Seashore Drive, currently under construction, sits directly on the Newport shore, with nothing but sand between the front patio and the Pacific. The position is exceptional. What is being built to meet it is equally so. Designed by Richart Architects, the residence is a study in considered proportion and purposeful design. Across three stories and 1,973 square feet on a beachfront lot, the home is oriented entirely toward the water at every level. A generous front patio opens onto the sand. A private balcony off the primary suite commands views of the ocean from above. Two rooftop decks crown the residence, offering unobstructed views of the coastline that stretch in both directions. Three bedrooms and four baths are composed throughout with the restraint and precision the architecture demands. Construction is being executed by Marston Builders of Newport Beach, with interiors by Jodi Fleming Design. The team is engaged, mid-build, and working from a fully resolved set of construction documents and a cohesive design vision that spans cabinetry, material selections, lighting, hardware, and every finish detail. For a buyer of discernment, the heavy work is done. The property currently carries an active short-term lodging permit, a credential that adds meaningful optionality on the Newport sand. The wait is measured in months. Estimated completion 2027. Offered exclusively. Full construction documentation provided upon offer. Renderings are conceptual only. Final design, materials, and features are subject to change.

5109 Seashore, Newport Beach

$4,995,000

3 Beds ⋅ 3 Baths ⋅ NP26099570 MLS ⋅ Active Status

Tucked away on Balboa Peninsula Point just one block from the ocean and a short stroll to the bay, 1730 East Ocean Blvd offers an elevated take on coastal living with a refined, inviting feel. This beautifully remodeled, light-filled home features three bedrooms and three bathrooms, including a true primary suite with a spacious layout, spacious bathroom, oversized walk-in closet, and a private deck complete with a fireplace—an ideal retreat to unwind and take in the ocean breeze. The main level, with its breathtaking high beamed ceilings, is designed for both comfort and entertaining with a generously sized living and dining area that flows seamlessly into the kitchen, creating an open yet warm and functional living space. Multiple outdoor areas enhance the home’s appeal, including a large front patio and a stunning courtyard with new landscaping and a fireplace, offering a private and inviting setting for alfresco dining and gatherings.

1730 E Ocean Boulevard, Newport Beach

$6,850,000

4 Beds ⋅ 5 Baths ⋅ NP26098260 MLS ⋅ Active Status

Positioned directly on the Balboa Peninsula boardwalk, 306 E Oceanfront is a ground-up oceanfront residence currently under construction, offered now to a discerning buyer who understands the rarity of what’s in front of them. The views are unobstructed. The Pacific is at the doorstep. Designed by Richart Architects, the three-story residence spans 2,520 square feet of habitable space on a 2,400 square foot boardwalk lot, with a program that makes full use of its position. Three bedrooms, three full baths, and one half bath are arranged across the main living levels of the primary residence, anchored by a generous front patio that opens directly to the boardwalk. The rooftop level is designed for living at elevation, with an outdoor kitchen and unobstructed ocean views. A one-bedroom, one-bath attached JADU completes the offering, adding flexibility for guests, extended family, or income generation. The architectural vision is already realized on paper and in permit. A full set of approved construction documents, active building permits, and a complete interior design program are in place, covering cabinetry, material selections, lighting, hardware, and every finish decision that separates a house from a home of this caliber. The property currently carries an active short term lodging permit, a credential that adds meaningful optionality to a home on the boardwalk. An established general contractor is on-site and mid-build, executing under a professionally structured construction agreement with Marston Builders of Newport Beach. What this offering presents is the ability to step into a project of genuine quality, already in motion, and make it yours. The months of planning, the negotiations with the city, the selection of the right team — that work is done. A buyer with vision can focus entirely on the finish line. Boardwalk-front new construction of this pedigree surfaces rarely, if at all. Estimated completion 2027. Offered exclusively. Full construction documentation provided upon offer. Renderings are conceptual only. Final design, materials, and features are subject to change. Current list price is reflective of current stage of construction, inquire for more information.

306 E Oceanfront, Newport Beach

$10,995,000

4 Beds ⋅ 6 Baths ⋅ OC26083583 MLS ⋅ Active Status

Introducing a rare opportunity to own a brand-new oceanfront residence with a SHORT TERM RENTAL PERMIT on the highly coveted Balboa Peninsula. Thoughtfully designed and expertly curated, this 4-bedroom, 5.5-bathroom home spans approximately 2,851 square feet and blends timeless coastal architecture with refined, modern finishes. From the moment you enter, the home showcases an elevated yet relaxed aesthetic, featuring custom white oak cabinetry, soft plaster finishes, and a sophisticated mix of natural stone, handcrafted tile, and warm textural elements. The chef’s kitchen is both functional and striking, complete with premium appliances, custom millwork, and a seamless connection to the main living spaces—perfectly positioned to capture sweeping ocean views. Each bedroom is ensuite, offering privacy and comfort, while the primary suite is a true retreat with a spa-inspired bath, layered textures, and serene coastal tones. Throughout the home, curated lighting, designer fixtures, and bespoke details create a cohesive and luxurious living experience. One of the home’s most exceptional features is the expansive rooftop deck, offering panoramic ocean and bay views—an ideal setting for entertaining, relaxing, and enjoying Newport’s iconic sunsets. Located directly on the sand, 1123 E. Balboa delivers the ultimate coastal lifestyle with immediate access to the beach, boardwalk, and all that Newport Beach has to offer.

1123 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.