Balboa Peninsula (NP) Homes with Courtyard View

Welcome to Balboa Peninsula, a hidden gem nestled in the heart of Newport Beach, California. This vibrant coastal community is renowned for its picturesque views, charming atmosphere, and a laid-back lifestyle that attracts both locals and visitors alike. With its stunning beaches, eclectic shops, and delightful dining options, Balboa Peninsula offers a unique blend of relaxation and excitement, making it an ideal destination for those seeking the perfect seaside retreat.

One of the standout features of homes in this enchanting region is their captivating courtyard views. Imagine waking up each morning to the gentle sound of waves and the sight of lush greenery right outside your window. Many residences boast beautifully landscaped courtyards that serve as private oases, perfect for entertaining guests or enjoying a quiet afternoon with a good book. These outdoor spaces enhance the coastal living experience, allowing homeowners to soak in the sun and embrace the serene atmosphere that Balboa Peninsula is famous for.

In addition to the stunning views, the neighborhood is steeped in rich history and culture. From the iconic Balboa Fun Zone to the scenic bike paths that wind along the coastline, there’s always something to explore. Whether you’re taking a leisurely stroll along the boardwalk or indulging in fresh seafood at a local eatery, Balboa Peninsula captures the essence of Southern California living.

Discover the charm and allure of Balboa Peninsula, where homes with courtyard views provide a perfect backdrop for a life well-lived in this coastal paradise. Embrace the coastal lifestyle and make your dream home a reality in this idyllic community.

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.