Balboa Peninsula (NP) Homes with Business Subtype

Balboa Peninsula (NP) Homes with Business Subtype

Welcome to Balboa Peninsula, a captivating gem nestled in the heart of Newport Beach, California. This vibrant coastal community offers a unique blend of stunning ocean views, charming neighborhoods, and a rich array of recreational activities. Known for its picturesque beaches, Balboa Peninsula is the perfect destination for those seeking a laid-back lifestyle infused with the excitement of coastal living.

The Balboa Peninsula is renowned for its iconic attractions, including the Balboa Fun Zone, where families can enjoy arcade games, rides, and delicious local eateries. Take a leisurely stroll along the boardwalk, where you can soak in the sun, watch surfers catch waves, or simply relax with a good book while listening to the soothing sounds of the ocean.

For those looking to invest in real estate, Balboa Peninsula presents an exceptional opportunity with homes that feature a business subtype. This unique aspect allows homeowners to operate a business right from the comfort of their own property, making it an ideal choice for entrepreneurs and creative minds. Picture waking up to the sound of the surf and stepping into your very own café, boutique, or studio—all while enjoying the vibrant community atmosphere.

The real estate market in Balboa Peninsula boasts a variety of options, from quaint beach cottages to modern luxury homes, all designed to embrace the coastal lifestyle. With its prime location, residents enjoy easy access to the bustling shops and restaurants of Newport Beach, as well as the serene beauty of the Pacific Ocean.

Whether you’re looking to make Balboa Peninsula your home or your next business venture, this enchanting locale offers the perfect blend of relaxation and opportunity. Embrace the coastal charm and let your dreams take flight in Balboa Peninsula!

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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