Balboa Peninsula (NP) Homes for Sale

Balboa Peninsula (NP) Homes for Sale

Welcome to Balboa Peninsula, a stunning gem nestled in the heart of Newport Beach, California. This picturesque coastal community offers a unique blend of sun-soaked beaches, vibrant culture, and a laid-back lifestyle that captures the essence of Southern California living. With its stunning ocean views, charming boardwalk, and iconic Balboa Fun Zone, residents and visitors alike are drawn to the peninsula’s enchanting atmosphere.

Balboa Peninsula boasts a diverse array of homes for sale, catering to a variety of tastes and lifestyles. From charming beach cottages that exude character to luxurious oceanfront estates that offer breathtaking views, there’s something for everyone in this coastal paradise. Imagine waking up to the sound of waves crashing and enjoying your morning coffee on a sunlit balcony overlooking the Pacific Ocean. The real estate market here is thriving, providing both first-time buyers and seasoned investors with ample opportunities to find their dream home.

Beyond the stunning properties, Balboa Peninsula is known for its lively community spirit, with a plethora of dining, shopping, and recreational options right at your doorstep. Whether you prefer a leisurely stroll along the sandy beaches, indulging in fresh seafood at a waterfront restaurant, or exploring the eclectic shops lining the streets, there’s never a dull moment here.

If you’re looking to embrace the coastal lifestyle in one of California’s most sought-after locations, Balboa Peninsula is the perfect place to call home. Explore the available homes for sale today and discover the charm and beauty of this enchanting seaside community!

Newest Balboa Peninsula (NP) Homes for Sale

$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

$8,980,000
5 Beds 6 Baths NP26197836 MLS Active Status
There is a reason Peninsula Point has long been one of Newport Beach's most celebrated coastal enclaves - where morning beach walks, afternoons on the harbor, and evening sunsets over the ocean become part of everyday life. Crafted to embody that unmistakable coastal cadence, this exceptional designer residence occupies one of the Point's larger parcels just moments from both bay and beach, where timeless architecture, meticulously curated interiors, and beautiful harbor and ocean views define an extraordinary coastal retreat. Beyond the charming Dutch door entry, a lush garden courtyard sets the tone. Here an intimate firepit lounge welcomes sunny afternoons and relaxed evenings with friends. Expansive walls of glass and oversized windows flood the home with natural light, creating airy interiors that remain seamlessly connected to the coastal landscape. Encompassing five bedrooms and five-and-one-half baths, the home is distinguished by bespoke finishes, custom wall treatments, statement lighting, designer window coverings, and a serene palette of warm whites, soft neutrals, and natural textures. Generous living, dining, and kitchen spaces open to one another in a way that feels intuitive and welcoming. The primary suite enjoys abundant natural light, calming water views, and refreshing ocean breezes, creating a restful retreat. The serene spa bath features a deep soaking tub and steam shower. Each beautifully appointed guest suite offers privacy and comfort – while a custom-designed bunk room provides a playful, yet refined retreat destined to become a favorite space for family members and guests. Above it all, spectacular rooftop terraces capture views of Newport Harbor, the Pacific Ocean, and city skyline. A handcrafted cedar hot tub, covered lounges, a porch swing, and multiple vantage points for unforgettable sunsets and harbor lights create an extraordinary setting for entertaining or quiet moments above the coast. Enhanced by smart-home technology, solar power, a household battery backup system, a two-car garage, and dedicated golf cart parking - and positioned just steps from both the bay and the beach - this remarkable residence captures everything that makes Peninsula Point one of Newport Beach's most sought-after addresses. Offering water views, exceptional outdoor living, stunning finishes and a thoughtful floorplan, it represents a rare opportunity to own a home as extraordinary as the lifestyle it affords.

1416 E Balboa Boulevard, Newport Beach

$4,450,000
3 Beds 2 Baths NP26195233 MLS Active Status
Some locations simply can’t be replicated. Set on the sunny side of Ocean Boulevard near the coveted tip of the Balboa Peninsula, 1706 E. Ocean Blvd puts one of Newport Beach’s most iconic coastal settings right outside your door. Walk to the sand, The Wedge, and the harbor, or hop on a bike to Balboa Pier and experience everything the Peninsula has to offer.  This distinctive coastal residence makes a memorable first impression with its dramatic A-frame architecture, soaring wood-beamed ceilings, expansive windows, and lush, beautifully landscaped surroundings. A private brick walkway leads through a tranquil garden entry framed by mature trees, tropical plantings, and a classic fountain.  Inside, the inviting living room showcases a vaulted, wood-paneled ceiling with exposed beams, abundant natural light, warm wood accents, and an open staircase that emphasizes the home's airy volume. Large windows bring the greenery indoors, while the thoughtfully styled interiors create a relaxed, comfortable coastal atmosphere.  The home's standout architectural character continues throughout, blending natural materials, generous glazing, and indoor-outdoor appeal. Beautifully maintained and thoughtfully upgraded, this charming 3-bedroom, 2-bath home combines an exceptional location with a versatile two-story layout and a long list of meaningful upgrades. The main level features a bedroom, bath and den, while upstairs is dedicated to an expansive primary retreat with an oversized walk-in closet, the third bedroom, and a large media/flex room provides direct access to your own private balcony with a retractable patio cover.  The kitchen, bathrooms, windows, doors and closets have all been upgraded, while cedar-lined closets add timeless character throughout.  Adding a distinctive touch, the home includes two impressive fish tanks and stained-glass windows offering beautiful visual interest and unique focal points.  The finished 2 car garage goes well beyond the expected and the yard offers a private setting for outdoor entertaining and relaxation.  Meticulously cared for and positioned in one of Newport Beach’s most desirable coastal enclaves, this is the kind of home where the real luxury is the lifestyle—morning walks along the ocean, afternoons at the beach, bike rides around the Peninsula, and sunsets just steps from home. This is truly a rare opportunity to own a home with exceptional character, architectural appeal, and a truly special coastal setting.

1706 E Ocean Boulevard, Newport Beach

$8,495,000
4 Beds 6 Baths NP26175847 MLS Active Status
In one of Peninsula Point’s discreet and quiet pockets, this residence reflects an architectural vision shaped by natural materials, balanced proportions, and a coastal modern design. The interiors unfold with a calm, intentional rhythm with limewashed walls, wide plank hardwood flooring, custom walnut millwork, and curated stone selections creating a warm, tactile foundation throughout. In the main living room, a backlit Crystallo stone fireplace becomes a sculptural highlight, softened by walnut paneling and glass elements. The dining room extends this material language with a large, elegant setting defined by a built in buffet and illuminated display cabinetry – a seamless transition to the kitchen. The kitchen features walnut cabinetry, honed Arabescato Gold marble, and a suite of premium appliances from Gaggenau, Sub Zero, Miele, and Wolf. An adjoining pantry provides generous storage and prep space while preserving the kitchen’s clean, uninterrupted aesthetic. Upstairs, a secondary living and bar lounge offers an intimate setting for gatherings, complete with custom walnut cabinetry and Sub Zero wine and beverage refrigeration. Four bedroom suites each feature thoughtfully appointed baths with natural stone, custom vanities, and premium fixtures. The primary suite is a refined retreat featuring a Crystallo stone fireplace, white oak detailing, private viewing balcony, custom walk-in closet, and a spa-inspired bath finished in White Rhino and Thassos marble. The rooftop deck is designed for year-round enjoyment, equipped with a full Thor outdoor kitchen supplying a pizza oven, grill, sink, and refrigeration, alongside a gas firepit, integrated JBL speakers, and irrigated planters. A fully integrated smart-home system with Lutron RA3 keypads and a two-car garage further support an effortless coastal lifestyle. Just one block from the water, the residence offers effortless access to the beach, bay, and the understated coastal energy of Balboa Peninsula Point.

503 J, Newport Beach

$3,995,000
5 Beds 3 Baths LG26177551 MLS Active Status
Listen to the waves crash from your bedroom in this rare to the market beach-close duplex located just one home from the sand, offering an exceptional opportunity for owner occupants, investors, those looking for a vacation house, or those seeking a coastal retreat with income potential. This fully upgraded property features two separate well maintained residences. First a charming front cottage with 2 bedrooms and 1 bathroom. The second unit is an fully upgraded owners home containing 3 bedrooms and 2 bathrooms, complete with New LVP luxury flooring downstairs, new white oak flooring upstairs, the upstairs bathroom is brand new, and the entire property is newly painted. A one-car garage provides convenient parking and storage and a second uncovered parking spot is available in the rear of the property. Both units will rent for top dollar, or keep one for your own use and rent the other for some extra income. These features make 1527 W. Balboa truly one to see! The home is in one of the most desirable locations on the Peninsula, walk west and you are on the beach, walk east and you will find Newport Bay. Also directly across the street you’ll find the marina and Marina Park (perfect for young families), complete with the lighthouse restaurant and its iconic lighthouse, creating picturesque bay views from the property. Enjoy an unbeatable location where both the beach and bay are just steps away, with endless opportunities for boating, paddle boarding, dining, and the quintessential Newport Beach lifestyle.

1527 W Balboa, Newport Beach

$4,050,000
6 Beds 4 Baths LG26176637 MLS Active Status
**Investment Property Opportunity with Value-Added Potential** This property is currently appraised at $4,050,000 (MAI Appraisal). As a short-term rental, the estimated value increases to $4,555,000. Additionally, the large lot has the potential for constructing an Accessory Dwelling Unit (ADU) in the back, which could push the total value of the property to well over $6,000,000. You won’t find other properties on the Peninsula that offer this type of opportunity. This rare investment is just steps from the beach, located in one of Newport Beach’s most desirable coastal communities. It features a two-car garage and offers peak ocean views from the balcony. The property is conveniently situated just a quick drive from all that Orange County has to offer, including: - Pelican Hill Golf and Resort (10 minutes) - John Wayne Airport (10 minutes) - Angel Stadium & Honda Center (15 minutes) - Disneyland (20 minutes) - Knotts Berry Farm (20 minutes) - Laguna Beach (15 minutes) - Huntington Beach Pier (5 minutes) - Newport Harbor Fun Zone (3 minutes) - Fashion Island (5 minutes) - Segerstrom Hall & South Coast Plaza (15 minutes) Furthermore, this property presents an excellent opportunity for use as a primary residence. The upstairs can serve as a living space while the lower unit can be rented out as an income-producing property. Both units are currently rented on a month-to-month basis. Please contact the agent for showings.

4802 Neptune Ave, Newport Beach

$16,750,000
4 Beds 6 Baths OC26169145 MLS Active Status
Set within Newport Beach’s most exclusive waterfront enclave, 21 Bay Island offers a rare combination of architectural distinction, direct harbor and yachting access, privacy, and effortless coastal living. Bay Island is a gated, pedestrian-only sanctuary of just 23 waterfront homes, reached by foot or golfcart over a charming private bridge, where lush picking gardens, mature trees, a private sandy beach, and sweeping harbor views create an atmosphere unlike anywhere else in Newport Beach - moments from the Balboa Peninsula and steps from the Pacific Ocean. Held in Bay Island’s distinctive stock-cooperative, 21 Bay Island is a detached single-family home designed by acclaimed architect Kurt Donat and built by Neil Longman Construction. This Hamptons-inspired residence blends timeless nautical character with the scale and comfort expected of an ultra-luxury waterfront home. Polished hardwood floors, crisp white millwork, refined coastal finishes, expansive entertaining spaces, and walls of windows evoke the elegance of a classic yacht while framing captivating views of Newport Harbor. Generous living areas open naturally to terraces, gardens, and the water, creating a seamless setting for intimate gatherings, grand entertaining, or quiet evenings watching sunsets and boats cross the harbor. Serviced by a private elevator, this home features multiple fireplaces, a waterfront spa terrace, a dedicated office providing a quiet setting for work or study, and a light-filled upper-level loft with four built-in beds that make for a charming and flexible additional sleeping space, ideal as a bunk room, guest retreat, or additional bedroom. For the boating enthusiast, the property delivers the ultimate Newport Beach lifestyle with a private dock, and immediate access to the harbor’s main channels. Begin the day on the water, cruise the coast, and return home for a sunset overlooking the bay. Bay Island’s private beach, beautifully maintained gardens, waterfront pathways, and intimate residential character make it more than a neighborhood—it is a world apart. Few properties offer this combination of prestige, tranquility, walkability, boating access, ocean proximity, and architectural pedigree. Bay Island represents the pinnacle of Newport Beach living: private yet connected, refined yet relaxed, and surrounded by the beauty of the water.

21 Bay Island, 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.