Balboa Peninsula (NP) Real Estate

Balboa Peninsula (NP) Real Estate

Welcome to the Balboa Peninsula, a charming region located in Newport Beach, California. Situated in Orange County, this coastal paradise offers a unique blend of natural beauty, vibrant culture, and an unbeatable beach lifestyle.

The Balboa Peninsula is a narrow strip of land that stretches between the Pacific Ocean and Newport Bay. With its pristine sandy beaches, picturesque boardwalks, and stunning ocean views, it is a haven for outdoor enthusiasts and beach lovers. Whether you enjoy surfing, sunbathing, or simply strolling along the shoreline, this region offers endless opportunities to soak up the California sun and enjoy the refreshing ocean breeze.

Aside from its natural beauty, the Balboa Peninsula is also known for its vibrant atmosphere and lively entertainment scene. The area is home to the iconic Balboa Fun Zone, a historic amusement park that has been entertaining visitors since 1936. Here, you can enjoy thrilling rides, play arcade games, or take a leisurely ride on the Ferris wheel while enjoying panoramic views of the coastline.

For those seeking a taste of local culture, the Balboa Peninsula offers a range of dining options, from casual beachside cafes to upscale waterfront restaurants. Indulge in fresh seafood, savor delicious California cuisine, or enjoy a sunset cocktail with friends while overlooking the bay.

With its prime location in Newport Beach, the Balboa Peninsula also provides easy access to a host of recreational activities. Explore the nearby Newport Harbor by renting a kayak or paddleboard, go fishing, or take a scenic boat tour. Additionally, the region is known for its excellent shopping destinations, including the upscale Fashion Island and the charming Balboa Village.

Whether you are looking for a permanent residence, a vacation home, or an investment property, the Balboa Peninsula offers a unique and desirable real estate market. From cozy beach cottages to luxurious waterfront estates, there is a wide range of properties available to suit every taste and budget.

Come and discover the beauty and charm of the Balboa Peninsula in Newport Beach, where coastal living meets California dream.

Newest Listings in Balboa Peninsula (NP)

1002 E Balboa Boulevard, Newport Beach
$7,995,000
4 Beds ⋅ 4 Baths ⋅ NP26239064 MLS ⋅ Active Status
An exceptional opportunity to acquire a premier bayfront property on Newport Beach’s coveted Balboa Peninsula, just a short stroll from the heart of Balboa Village. Situated directly on the bay, this 3,825-square-foot parcel features approximately 45 feet of frontage, offering an impressive footprint and tremendous potential for a luxury custom residence in one of Southern California’s most desirable waterfront locations. The existing single-family residence features 4 bedrooms, 3.5 bathrooms, and approximately 2,987 square feet of living space. According to a City of Newport Beach, the site may accommodate a newly constructed residence exceeding 5,000 square feet of interior living space. Additionally, the property presents the potential opportunity to construct a private dock, further enhancing its appeal as a premier waterfront estate. The location is truly exceptional, with the bay at your doorstep and the Pacific Ocean just blocks away. Balboa Village’s renowned restaurants, boutique shops, and iconic boardwalk are all within easy walking distance, along with the Balboa Island Ferry, Balboa Fun Zone, and some of Newport Beach’s most celebrated beaches. With limited opportunities for new construction along the bayfront and continued demand for luxury waterfront residences, this property represents an outstanding opportunity for builders, developers, and discerning end users to create a truly remarkable Newport Beach estate. Buyer to independently verify all aspects of the property, including potential buildable square footage, development feasibility, dock construction, zoning, setbacks, and all required permits and approvals with the City of Newport Beach and other applicable governmental agencies. All development potential is subject to buyer investigation and approval.

1002 E Balboa Boulevard, Newport Beach

1200 W Balboa, Newport Beach
$3,295,000
OC26237091 MLS ⋅ Active Status
A rare corner-lot multifamily opportunity on Newport Beach’s Balboa Peninsula, 1200 W Balboa Boulevard combines an elevated, raised-foundation setting, a versatile THREE-UNIT CONFIGURATION, and exceptional coastal walkability. The upper-level three-bedroom, two-bathroom unit features a standout deck with outstanding OCEAN-VIEWS AND PARTIAL BAY VIEWS. Two single-level, two-bedroom, two-bathroom residences occupy the front and rear of the property, separated by a shared courtyard and community laundry room. A two-car garage and an additional carport space provide valuable parking. Held by the same owner for nearly 40 years, the property reflects longstanding pride of ownership and offers compelling potential for investors and buyers seeking an owner’s residence with rental income. Well-maintained interiors are complemented by a newer roof, dual-pane windows, ongoing termite maintenance, upgraded ABS drain lines, and upgraded electrical panels. The upper residence also features central heating. With tenants in place and strong rental upside potential, the property offers established income and an appealing opportunity for long-term growth. Its thoughtful configuration is equally attractive for those looking to occupy one residence while renting the others. Centrally located between Marina Park, Newport Pier, and the Balboa Fun Zone, this quiet coastal setting places beaches, bayfront recreation, dining, and shopping within easy reach—an exceptional opportunity to enjoy and invest in the Peninsula lifestyle.

1200 W Balboa, Newport Beach

5109 Seashore, Newport Beach
$8,600,000
3 Beds ⋅ 4 Baths ⋅ NP26235119 MLS ⋅ Active Status
An exceptional opportunity to own a newly constructed beachfront home along Newport Beach's coveted coastline, 5109 Seashore Drive is a striking ground-up residence now well underway, combining contemporary coastal architecture, thoughtfully curated interiors, and an extraordinary position directly on the sand. This remarkable setting offers unobstructed ocean views, spectacular sunsets, and an intimate connection to the coastline. Designed by Richart Architects, built by Newport Beach-based Marston Builders, and interiors by Jodi Fleming Design, the residence brings together an exceptional team of local talent. The three-story home encompasses approximately 1,973 square feet of living space, with three bedrooms, three and a half bathrooms. Expansive living areas open to a generous beachfront patio with direct access to the sand, creating a seamless extension of the home's interior spaces. Above, a private ocean-facing balcony off the primary suite offers an intimate retreat, while two rooftop decks capture panoramic views of the Pacific and surrounding coastline, providing exceptional spaces for entertaining and enjoying Newport Beach's coastal lifestyle. With construction progressing, approved plans, active permits, and a comprehensive interior design program in place, much of the complexity of beachfront development has already been addressed. Offered at its current stage of construction, the listed price reflects the underlying beachfront real estate, improvements completed to date, approved plans, and established project infrastructure. A discerning buyer can assume the remaining construction costs, continue with the exceptional team already assembled, and potentially personalize the remaining design and finishes, subject to applicable approvals and agreements. Further enhancing the offering, the property holds an active short-term lodging permit, potentially providing valuable flexibility and income opportunities. Direct access to the sand, multiple oceanfront entertaining spaces, an exceptional design and construction team, and the opportunity to shape the final expression of a remarkable coastal residence. Estimated completion 2027. Property offered as-is; remaining construction costs are additional to the listed price. Renderings are conceptual. Final design, specifications, features, and pricing subject to change. Additional project documentation available upon request.

5109 Seashore, Newport Beach

111 38th, Newport Beach
$5,995,000
PW26233559 MLS ⋅ Active Under Contract Status
Just three houses from the beach on Newport Beach’s Balboa Peninsula, this beautifully renovated oceanview duplex combines quality, location and a proven rental track record. With two rare short-term rental permits and over $320,000 in seller-reported gross rental income in 2025, along with multiple weeks reserved for personal use, this is an incredible opportunity to own an established coastal investment in a highly desirable beachside setting. The first-floor residence features two bedrooms and one bathroom, while the second-floor residence offers three bedrooms and two bathrooms. Each has its own kitchen, living room and dining area, providing flexibility for vacation rentals, personal use or gathering family and friends with space and privacy. Bright interiors and tasteful renovations create a relaxed, welcoming atmosphere throughout both residences. Modern kitchens feature stainless steel appliances, wine refrigerators and islands with bar seating. Comfortable living and dining areas connect with inviting outdoor spaces, including an upper deck, a generous lower patio and an outdoor fire pit with built-in seating. From morning coffee to outdoor dining after a day at the beach, the property is designed to make the most of its coastal location. Two assigned parking spaces, one for each residence, make it easy to arrive, park and walk. The sand, surf and oceanfront boardwalk are close by, along with neighborhood restaurants, cafés and shopping. Enjoy bike rides along the Peninsula, dining near Newport Pier and exploring the boutiques and waterfront restaurants of nearby Lido Marina Village. Currently managed by AvantStay, the residences may be rented individually or together. Enjoy one while renting the other, bring both together for personal use, or continue operating the property as a vacation rental investment. The approximate cap rate is 4.2%, excluding potential rental income from owner-reserved weeks and other projected income increases. Short-term rental permits: SLP13962 and SLP13963. Buyer to verify all property information, rental financials, operating expenses, permit status and transferability.

111 38th, Newport Beach

310 Fernando Street Unit 208, Newport Beach
$2,150,000
2 Beds ⋅ 2 Baths ⋅ NP26229905 MLS ⋅ Active Status
Harbor living on the Balboa Peninsula. Residence #208 at Newport Bay Towers offers 2 bedrooms, 2 baths and approximately 1,278 sq ft, with a long covered balcony overlooking the harbor, its boats and sunset skies. Floor-to-ceiling sliders open the balcony to both the living room and the kitchen. Updates over the years include updated tile and counters, replacement windows and refinished bathrooms. The kitchen offers abundant cabinetry, a gas cooktop and a gas wall oven, and the primary suite includes a dual-sink bath with clerestory windows. The second bedroom features mirrored closets and bay views. You’ll also find two side-by-side parking spaces in the subterranean garage and a storage closet near the front door. The community laundry room is just steps from your door, and there is room in the unit to add a washer/dryer combo, subject to HOA approval. Newport Bay Towers is an elevator building with a courtyard and water features lit at night, a pool overlooking the harbor, a clubroom and a rooftop sun deck with sweeping views of the harbor, Fashion Island and Catalina. Owners have priority over non-owners for the building’s private boat slips. HOA dues include water, gas, hot water, trash and the master insurance policy. Just a short walk to the beach, Balboa Pier, the Fun Zone, the Balboa Island Ferry and Balboa Village dining. A rare opportunity to own in a bayfront building in Newport Beach.

310 Fernando Street Unit 208, Newport Beach

306 E Oceanfront, Newport Beach
$8,250,000
4 Beds ⋅ 5 Baths ⋅ NP26231403 MLS ⋅ Active Status
An exceptional opportunity to own newly constructed oceanfront real estate along Newport Beach's iconic Balboa Peninsula, 306 E Oceanfront is a ground-up residence now well underway, combining striking coastal architecture, thoughtfully curated interiors, and an irreplaceable front-row position on the Pacific. Situated directly along the boardwalk, the property enjoys unobstructed ocean views and a particularly desirable beachfront setting, with an expansive stretch of sand separating the residence from the shoreline, portions of which feature a naturally occurring protective berm. Designed by Richart Architects, built by Newport Beach-based Marston Builders, and featuring interiors by Jodi Fleming Design, the residence brings together an exceptional team of local talent. The three-story home encompasses approximately 2,520 square feet of habitable space on a 2,400-square-foot oceanfront lot, with three bedrooms, three and a half bathrooms in the primary residence, plus an attached one-bed, one-bath JADU. Expansive living areas open to an extraordinary beachfront patio with expansive depth, a rare luxury along the Peninsula where outdoor space is often limited. Above, multiple rooftop entertaining areas, including an outdoor kitchen, capture sweeping panoramic views of the Pacific and surrounding coastline. With construction progressing, approved plans, permits, and a comprehensive design program already in place, much of the complexity of bringing an oceanfront development to life has been addressed. Offered at its current stage of construction, the listed price reflects the underlying real estate, improvements completed to date, approved plans, and established project infrastructure. A discerning buyer has the opportunity to continue with the exceptional team already assembled, and potentially personalize finishes to their own vision. Further enhancing the offering, the primary residence holds an active short-term lodging permit. Direct boardwalk frontage, an exceptionally generous oceanfront patio, an acclaimed design and construction team, and the opportunity to shape the final expression of a remarkable coastal residence. An increasingly rare offering on Newport Beach's oceanfront. Renderings are conceptual only. Final design, materials, and features are subject to change. Current list price is subject to change with progression of construction, inquire for more information.

306 E Oceanfront, Newport Beach

1904 W Oceanfront, Newport Beach
$11,500,000
3 Beds ⋅ 3 Baths ⋅ NP26223385 MLS ⋅ Active Status
Few homes offer an ocean view. Fewer still provide the ocean as a backdrop to your everyday life. Welcome to 1904 West Oceanfront. Mornings begin with soft light filling the rooms, coffee in hand, and the majestic Pacific stretching out before you and changing color by the hour—from shimmering silver to sparkling blue. Passing sailboats, yachts, and seabirds move in unison across the horizon. Watching the ocean becomes a tranquil pastime of its own. And the possibility of spotting migrating whales adds a level of excitement to another extraordinary day on the water. Within its bright and open spaces, 1904 West Oceanfront feels seamlessly connected to an environment that marries indoor and outdoor living. High ceilings allow rooms to flow; one into another. Natural light guides intuitive movement through the home, all paths leading to dramatic ocean views. This is a place for memorable social gatherings, soft, inviting conversation, or lazy afternoons that drift comfortably into evening. The clarity of a black and white designer-inspired interior palette is framed by sculptured stairs, glass railings, and clean architectural lines creating visual interest while supporting the stunning ocean views. Multicolored lighting introduces another mood as daylight fades—a playful wash of color that brings warmth, personality, and a touch of drama to the tasteful finishes. Outside, polished metal trim provides a subtle edginess to the architecture. 1904 W Oceanfront portrays a distinctive presence: modern, expressive, and comfortable at the ocean’s edge. Location being a prime motivator, shops and restaurants are within walking distance, making it easy to step out for lunch, browse nearby stores, or enjoy dinner without worrying about finding a parking spot. Come home to the ever-changing twilight sky, when sunset colors deepen over the Pacific reflecting the last light of the day. Enjoy a casual dinner on the patio. Then retreat to the rooftop deck for privacy beneath the stars. The evening air embraces you, and the sound of the ocean soothes you; a place to linger, talk, unwind, and savor the feeling of having nowhere else you need to be. This is the appeal of life at 1904 W Oceanfront: a home with architectural spirit and an easy, welcoming soul, where light, water, and open spaces shape the rhythm of each day.

1904 W Oceanfront, 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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