Balboa Peninsula (NP) Homes with Courtyard View

Welcome to Balboa Peninsula, a captivating slice of paradise nestled within Newport Beach, California. This enchanting region is renowned for its stunning coastal views, vibrant atmosphere, and a lifestyle that perfectly blends relaxation with recreation. The Balboa Peninsula is a favorite among locals and visitors alike, offering a unique combination of sun-kissed beaches, charming boutiques, and tantalizing dining options.

One of the standout features of homes in this area is their exquisite courtyard views. Imagine waking up to the gentle sound of waves lapping against the shore, with your private courtyard serving as a serene oasis. These homes are designed to embrace the Southern California lifestyle, where outdoor living is at the forefront. Courtyards provide a perfect setting for morning coffee, evening gatherings, or simply unwinding under the stars.

In Balboa Peninsula, you’ll find a range of architectural styles, from classic beach cottages to modern luxury homes, all boasting that coveted courtyard view. The community is not only a haven for beach lovers but also a vibrant hub for water sports enthusiasts, with opportunities for surfing, paddleboarding, and sailing right at your doorstep.

With its prime location, Balboa Peninsula offers easy access to the best of Newport Beach, including the iconic Balboa Island, the lively boardwalk, and numerous parks. Whether you’re looking for a permanent residence or a vacation retreat, this charming region promises an idyllic lifestyle enriched by natural beauty and community spirit. Come explore the homes with courtyard views and discover your own slice of coastal bliss in Balboa Peninsula!

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.