Balboa Peninsula (NP) Homes with One Level Stories

Balboa Peninsula (NP) Homes with One Level Stories

Welcome to Balboa Peninsula, a charming gem nestled in the heart of Newport Beach, California. This vibrant coastal community is renowned for its stunning beaches, picturesque views, and an inviting atmosphere that perfectly captures the essence of Southern California living. With its unique blend of relaxed beach vibes and upscale amenities, Balboa Peninsula is a sought-after destination for those looking to immerse themselves in the coastal lifestyle.

One of the standout features of homes in Balboa Peninsula is the abundance of one-level stories. These single-story residences offer not only convenience but also a seamless flow between indoor and outdoor living. Imagine waking up to the gentle sound of waves crashing and stepping outside to your private patio, where you can enjoy your morning coffee while soaking up the sun. The open layouts found in these homes provide ample space for entertaining guests or simply enjoying a quiet evening with family.

The Balboa Peninsula is also home to a variety of recreational activities, from surfing and paddleboarding to leisurely strolls along the iconic boardwalk. With a plethora of boutique shops, gourmet restaurants, and vibrant nightlife options, residents can indulge in the best that Newport Beach has to offer. Whether you're looking for a peaceful retreat or an active lifestyle, Balboa Peninsula has something for everyone.

Explore the enchanting one-level homes in this coastal paradise and discover the perfect blend of comfort, convenience, and coastal charm. Your dream home awaits in Balboa Peninsula!

Newest Balboa Peninsula (NP) Homes with One Level Stories

$4,195,000
2 Beds ⋅ 2 Baths ⋅ NP26204802 MLS ⋅ Active Status
Known as the “Happy House” by neighbors who have long admired its unmistakable charm, 2004 E Ocean Boulevard is a true piece of Peninsula Point history. Designed by Don Phillips, the local legend credited with bringing the frozen banana to Newport Beach, this beloved cottage has a place in the story of the Peninsula that goes well beyond its impossibly charming facade. Phillips’ frozen-banana legacy became part of Newport folklore—and ultimately helped inspire the fictional banana-stand world of Arrested Development. Today, that history lives beautifully alongside a remarkably thoughtful designer renovation. The home’s original soul was carefully preserved—from its distinctive diamond windows to its whimsical cupola—while every other detail was elevated with intricate millwork, natural stone, custom cabinetry, Warren Christopher wide-plank flooring, a Wolf range, Sub-Zero refrigerator, Shade Store window coverings, beautifully appointed baths, and a new roof. The result is a two-bedroom, two bath, single-level beach cottage that feels both polished and wonderfully personal. Every inch has been considered, and every square foot is exceptionally livable—proof that a smaller home can have an extraordinary presence. Positioned on the sunny side of Ocean Boulevard, just two homes from the sand and iconic L Street beach, the location is prime Peninsula Point. The Wedge is steps away, and the legendary swells can be heard year round. Residents also have the option to join the Peninsula Point HOA’s bayfront lounge, barbecue area, vessel launch, and optional security patrol. A little piece of Newport history, lovingly preserved and impeccably reimagined, the “Happy House” is as rare as it is charming—and perhaps one of the sweetest beach cottages anywhere on the Peninsula. Grab a frozen banana and welcome yourself home to 2004 E Ocean Boulevard.

2004 E Ocean Boulevard, Newport Beach
$2,400,000
NP26193591 MLS ⋅ Active Status
RARE BALBOA PENINSULA REDEVELOPMENT OPPORTUNITY. Located in the heart of Newport Beach’s iconic Balboa Peninsula, 203 6th Street presents a unique opportunity for investors, developers, and those seeking to create a new coastal residence in one of Southern California’s most coveted beach communities. The property is currently configured as a triplex consisting of three separate one-bedroom units, offering immediate income potential while providing an exceptional opportunity to reimagine the property for the future. Situated on an approximately 2,178-square-foot lot, the property’s existing configuration provides flexibility for a variety of investment strategies. An investor may choose to maintain and improve the existing three-unit income property, while a developer or owner-user may explore the potential to redevelop the site and maximize its value through a new construction project, subject to City of Newport Beach approvals and applicable zoning and development regulations. The property’s location is a major part of the opportunity. Positioned just moments from the beach, bay, restaurants, shops, and the vibrant entertainment that defines the Balboa Peninsula, this is an exceptionally walkable coastal setting. The combination of a highly desirable Peninsula location, existing multifamily use, and valuable land creates a compelling proposition for buyers looking beyond the current improvements. For developers, the real opportunity lies in the land. The existing structure can serve as a source of rental income while plans are evaluated, or the site can be considered for a future redevelopment project. Buyers should independently verify zoning, allowable density, setbacks, building requirements, parking requirements, and any other development parameters with the City of Newport Beach. Whether acquired as an income-producing triplex, repositioned through renovation, or explored as a future redevelopment site, 203 6th Street offers a rare chance to secure a piece of Balboa Peninsula real estate with significant long-term potential.

203 6th Street, Newport Beach
$13,500,000
5 Beds ⋅ 6 Baths ⋅ OC26122377 MLS ⋅ Active Under Contract Status
Experience the epitome of luxury beachfront living at 1554 E Oceanfront in Newport Beach, California. This stunning residence is fully furnished and located in the prestigious Balboa Peninsula Point offers a captivating blend of elegance and modern amenities. Boasting five spacious bedrooms and a five-car subterranean garage, this home promises ample space and convenience for both residents and guests. Step in to where the kitchen and living room seamlessly merge to create a harmonious space designed for comfort and elegance. The gourmet kitchen features top-of-the-line appliances, sleek countertops, and ample storage, making it a chef's delight and perfect for both intimate meals and grand entertaining. The adjoining living room is a sanctuary of relaxation, with its open-plan design providing a seamless flow from one area to the next. Expansive sliding glass doors open onto a stunning patio, blurring the lines between indoor and outdoor living and offering uninterrupted views of the majestic ocean. This exquisite setting is perfect for enjoying the tranquility of seaside breezes and breathtaking sunsets, creating a perfect backdrop for both everyday living and memorable Situated on 40 feet of Oceanfront frontage, the residence offers direct access to the beach, making it an ideal retreat for those who cherish the sound of waves and the feel of sand underfoot. The surrounding area is celebrated for its coastal charm and proximity to various amenities, ensuring a lifestyle of comfort and leisure. This exceptional oceanfront home is not just a residence; it's a gateway to a luxurious beachside lifestyle.

1554 E Oceanfront, Newport Beach
$1,700,000
2 Beds ⋅ 2 Baths ⋅ PW26091979 MLS ⋅ Active Status
HUGE PRICE REDUCTION!! PRICED BELOW MARKET! NEW PRICE $1700000! SHOW AND SELL! Rare Oceanfront Opportunity in the Heart of Balboa! Experience coastal living at its finest in this beautifully remodeled 2-bedroom, 2-bath beachfront condo, ideally situated directly on the Boardwalk and sand. Located within the exclusive gated community of Rendezvous, this rarely available residence offers the ultimate blend of luxury, convenience, and seaside charm. Step inside to an open-concept floor plan featuring a remodeled kitchen with stainless steel appliances, seamlessly flowing into the spacious living and dining areas—perfect for entertaining or relaxing after a day at the beach. Offered fully furnished, this turnkey home is ready to enjoy from day one. The expansive private patio showcases breathtaking beach, pier, and sunset views, creating the perfect setting for morning coffee or evening gatherings. Enjoy an unbeatable location just moments from the Pier, waterfront dining, boutique shopping, the Fun Zone, and the Catalina Ferry. Additional features include secured underground parking with 1 assigned space, guest parking, gated bike and beach storage, elevator access, and the privacy of an intimate 24-unit community. Submit all offers!

600 E Oceanfront 1D, Newport Beach
$2,745,000
3 Beds ⋅ 2 Baths ⋅ PW26049798 MLS ⋅ Active Status
Located in a prime setting on the prestigious Balboa Peninsula, this beautifully custom beach home was completely remodeled in 2019 with new plumbing, electrical, windows, and HVAC. Light, bright, and full of charm, the home offers an inviting coastal aesthetic with a relaxed beachside vibe. Just down the street from the bay and only a few blocks from the sand, surf, the Balboa Fun Zone, and the iconic Balboa Pier, the location provides the ultimate coastal lifestyle—perfect as a weekend retreat or full-time residence. The extended front porch captures views of the bay and refreshing ocean breezes, creating the perfect setting to relax or entertain. Glass front doors open to a welcoming living room with vaulted ceilings, a cozy fireplace, and beautiful whitewashed flooring throughout. The chef’s kitchen features polished limestone waterfall-edge countertops, generous storage, and high-end appliances including a Wolf range and Sub-Zero refrigerator. Just off the kitchen is a convenient laundry and butler’s pantry area. The primary suite offers a walk-in closet and a beautifully designed bathroom, while the secondary bedrooms are generously sized. The main bath is thoughtfully finished with stylish tile and quality fixtures. A well-designed floor plan maximizes space while maintaining an airy, open feel throughout. The private backyard is ideal for entertaining, featuring a newer spa, built-in barbecue, outdoor refrigerator, and a fully enclosed outdoor shower. Additional highlights include a remote-controlled awning, New Tankless water heater to improve outdoor storage space, New Electric 110V 4 person spa, and retractable gate. The home also comes Fully furnished with washer dryer. Don’t miss this exceptional opportunity to own a piece of the California coastal dream in one of the most sought-after communities in Newport Beach. There is room to accommodate a a car on the back patio. The space is approximately 10' x 20'. See photos. The owner may consider leasing the property.

306 Alvarado Place, Newport Beach
$3,448,000
IV25238475 MLS ⋅ Active Status
Exceptional Balboa Peninsula Triplex – Steps from the Ocean and Bay! A rare opportunity to own an income-producing triplex on one of Newport Beach’s most desirable streets, just 250 feet from the sandy beach and 500 feet from the Newport pier and 700 feet from the Newport Pavilion. Perfect for owner users / investors seeking strong returns, flexible rental options, and long-term appreciation. This fully upgraded property includes three beautifully maintained units, each with its own mini-split A/C system, modern finishes, and private laundry. All three units are currently occupied on month-to-month leases, providing immediate rental income with the flexibility to adjust rents or transition to short-term or seasonal rentals as desired. Front House (126 E Balboa Blvd) – 2 Bedrooms | 1 Bathroom | Fireplace. A bright and inviting front home featuring an open living area with fireplace, upgraded kitchen, detached indoor laundry room, and storage area. The property also boasts an **expansive raised front patio—the largest on the block—**perfect for entertaining or maximizing tenant appeal. Upper Unit (126 ½ E Balboa Blvd) – 1 Bedroom + Loft/Office | 1 Bathroom. This upper-level unit features a light-filled living area, modern kitchen, in-unit laundry, and a private balcony with peek-a-boo ocean view—ideal for professionals, couples, or as a premium vacation rental. Lower Unit (126 ¼ E Balboa Blvd) – 1 Bedroom | 1 Bathroom. Compact, efficient, and beautifully updated, the lower unit offers a cozy living space and kitchen, with laundry conveniently located in the attached garage. All units have been upgraded and are well maintained, making this property truly turnkey and ready for immediate cash flow. With its unbeatable location—close to Balboa Pier, Balboa Village, the Fun Zone, and the iconic Balboa Ferry—this triplex enjoys consistent tenant demand and strong year-round occupancy. Immediate income – all units occupied on month-to-month leases. Prime location – short walk to sand, surf, and bay. High rental potential – flexible use for long-term, short-term, or owner-occupied investment. Rare Peninsula find – upgraded, air-conditioned, and well maintained Whether you’re an investor expanding your portfolio or a buyer seeking a beachside income property with exceptional upside, 126 E Balboa Blvd is the one to see. Invest where everyone wants to stay—and earn while you plan your next move.

126 E Balboa, Newport Beach
$3,750,000
2 Beds ⋅ 1 Baths ⋅ NP25186509 MLS ⋅ Active Status
Ocean View Beach Cottage with Approved Plans for a Luxury Home on Balboa Peninsula Welcome to your dream property, just one row from the ocean with stunning views from the roof deck! This unique opportunity offers a charming beach cottage and a detached efficiency studio, perfect for immediate use or rental income. The property is located off a spacious 20-foot alley on a generous 31-foot wide by 102-foot-long lot, providing ample space and privacy. The beach cottage was completely remodeled in 2020, featuring new windows and a new roof, ensuring a comfortable and modern living experience. But the real gem of this property lies in its future potential. The owners have fully approved construction drawings from the City of Newport Beach, ready for a brand-new, 5 bedroom, three-story single-family dwelling. Imagine living in a luxurious new home designed with every modern convenience in mind. The new home design includes five spacious bedrooms, each with its own full bath, and two additional powder rooms for guests. The first floor Family/Game room with bedroom, full bathroom, laundry and kitchenette is designed (per current design code) to easily be converted to an ADU (after future City approval). It offers its own entry and patio, perfect for extended family or rental income if preferred. The home also features a stunning three-story glass elevator, making every level easily accessible. With a total of 3477sq. ft. in the main house including 533 sq. ft. in the Family/Game room area, there is plenty of room for everyone. The new construction will provide four off-street parking spaces, including an attached 2-car garage and a 2-car carport, ensuring ample parking for residents and guests. The second level boasts two decks, one with breathtaking ocean views, while the third level features an expansive 852 sq. ft. roof deck. This incredible outdoor space includes a powder room, appliances, BBQ, fire pit, and is designed for a hot tub, making it the perfect spot for entertaining or relaxing while enjoying the ocean views. The Peninsula is a scenic three-mile stretch with the harbor on one side and sandy beaches on the other. The area is primarily residential with some commercial areas, offering a mix of waterfront restaurants, local surf shops, and some of the best nightlife in Newport Beach. The permits are ready, and the property is set to move forward with construction.

1245 W Balboa Boulevard, 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.