Balboa Peninsula (NP) Homes with Courtyard View

Welcome to Balboa Peninsula, a stunning gem nestled in the heart of Newport Beach, California. This picturesque coastal community is renowned for its vibrant atmosphere, pristine beaches, and charming seaside charm. Balboa Peninsula is a haven for those seeking a laid-back lifestyle infused with the excitement of beach living. With the Pacific Ocean as your backdrop, residents enjoy a plethora of outdoor activities, from surfing and paddleboarding to sunbathing on golden sands.

One of the most alluring features of homes in this region is the enchanting courtyard views they offer. Picture waking up each morning to the gentle sound of waves crashing and the sight of lush greenery right outside your window. These homes, designed with an emphasis on indoor-outdoor living, create a seamless transition between your private sanctuary and the vibrant energy of the neighborhood. Whether you’re enjoying a morning coffee in your courtyard or hosting an evening gathering under the stars, these spaces are perfect for relaxation and entertainment alike.

As you explore Balboa Peninsula, you’ll find a delightful mix of boutique shops, gourmet restaurants, and local art galleries, all within walking distance. The iconic Balboa Fun Zone adds a splash of nostalgia, offering rides and games for the whole family. Whether you’re looking for a permanent residence or a vacation getaway, Balboa Peninsula’s homes with courtyard views provide a unique opportunity to embrace the quintessential Southern California lifestyle. Experience the magic of coastal living in this idyllic community, where every day feels like a vacation!

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.