Balboa Peninsula (NP) Homes with Courtyard View

Welcome to Balboa Peninsula, a picturesque gem nestled in the heart of Newport Beach, California. Known for its stunning coastal beauty and vibrant community, this charming area offers a unique blend of beachside living and urban convenience. With its iconic boardwalk, sandy beaches, and a lively atmosphere, Balboa Peninsula is the perfect destination for those seeking a laid-back lifestyle infused with the excitement of coastal adventures.

One of the standout features of homes in Balboa Peninsula is the enchanting courtyard views. Imagine waking up every morning to the serene sight of lush greenery and beautifully landscaped spaces right outside your window. These homes are designed to foster a sense of tranquility, providing an ideal oasis after a day spent enjoying the sun and surf. The courtyards often serve as private retreats, perfect for entertaining guests or simply unwinding with a good book in hand.

Beyond the charm of the homes, Balboa Peninsula boasts a plethora of activities for residents and visitors alike. From world-class dining options to boutique shopping, there's something for everyone. Explore the local art scene, take a leisurely stroll along the beach, or indulge in water sports like kayaking and paddleboarding. The community is vibrant and welcoming, making it easy to forge connections and build lasting friendships.

Whether you’re looking for a permanent residence or a vacation getaway, Balboa Peninsula offers a lifestyle that is both luxurious and relaxed. Discover your dream home with a courtyard view in this idyllic coastal paradise, and experience the best of Newport Beach living.

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

Start Your Search

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.