Balboa Peninsula (NP) Homes with Courtyard View

Balboa Peninsula (NP) Homes with Courtyard View

Welcome to Balboa Peninsula, a stunning gem nestled in the heart of Newport Beach, California. This vibrant coastal community offers a unique blend of sun-soaked beaches, charming boutiques, and mouthwatering dining options, all set against the backdrop of the Pacific Ocean. Known for its picturesque boardwalk and lively atmosphere, Balboa Peninsula is the perfect destination for those seeking a relaxed yet engaging lifestyle by the sea.

One of the most alluring features of this area is the availability of homes with courtyard views. Imagine waking up each morning to the gentle sound of waves lapping at the shore, as you sip your coffee in a serene courtyard setting. These beautifully designed residences not only provide a private oasis but also allow you to enjoy the best of both indoor and outdoor living. Courtyards create a seamless transition between the vibrant interiors and the sunny California landscape, making them ideal for entertaining friends or simply unwinding after a long day.

In Balboa Peninsula, you can explore the stunning coastline, take leisurely strolls along the beach, or indulge in water activities such as paddleboarding and kayaking. The area is also known for its family-friendly atmosphere, with parks and recreational spaces that cater to all ages. Whether you're looking for a vacation home or a permanent residence, Balboa Peninsula's charm, combined with the allure of courtyard-view properties, makes it a desirable choice for those seeking the quintessential California beach lifestyle. Discover your dream home in this enchanting community today!

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.