Balboa Peninsula (NP) Homes with Courtyard View

Welcome to Balboa Peninsula, a picturesque gem nestled within the vibrant city of Newport Beach, California. This charming coastal community is renowned for its stunning beaches, lively atmosphere, and a unique blend of residential and recreational offerings. With the Pacific Ocean as your backdrop, Balboa Peninsula is the perfect setting for those who appreciate the beauty of coastal living combined with a welcoming neighborhood vibe.

One of the standout features of homes in this area is the enchanting courtyard views they offer. Imagine waking up each morning to a serene courtyard, where lush greenery and colorful blooms create a tranquil oasis right outside your door. Many of these homes are designed to embrace outdoor living, allowing residents to enjoy the perfect California weather year-round. Whether you’re sipping coffee on your patio or hosting a summer barbecue, the courtyard views provide a peaceful retreat amidst the hustle and bustle of beach life.

Balboa Peninsula is not just about stunning homes; it also boasts an array of recreational activities. From surfing and paddleboarding to strolling along the iconic boardwalk, there’s always something to do. The area is dotted with charming shops, delectable eateries, and vibrant nightlife, ensuring that residents can enjoy a rich lifestyle filled with entertainment and community spirit.

Whether you’re looking for a vacation getaway or a permanent residence, Balboa Peninsula offers a unique blend of coastal charm and modern convenience. Discover your dream home with breathtaking courtyard views 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

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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.