Balboa Peninsula (NP) Homes with Two Levels Stories

Welcome to Balboa Peninsula, a stunning gem nestled in the heart of Newport Beach, California. This vibrant coastal community is renowned for its picturesque beaches, lively boardwalk, and charming atmosphere, making it a sought-after destination for both residents and visitors alike. With its sun-kissed shores and breathtaking ocean views, Balboa Peninsula offers a quintessential Southern California lifestyle that is hard to resist.

One of the standout features of the homes in this region is the availability of two-level stories. These spacious residences provide the perfect blend of comfort and style, ideal for families, couples, or anyone looking to enjoy the coastal lifestyle. With multiple levels, homeowners can take advantage of expansive living areas, private bedrooms, and even rooftop decks that offer panoramic views of the Pacific Ocean and the stunning sunsets that Newport Beach is famous for.

Living in Balboa Peninsula means having access to an array of recreational activities. From surfing and paddleboarding to beach volleyball and biking along the scenic boardwalk, there’s always something to do. The nearby Balboa Fun Zone adds a touch of nostalgia with its carnival rides and arcade games, perfect for family outings or a fun day with friends.

With its charming homes, vibrant community, and unbeatable location, Balboa Peninsula is more than just a place to live; it's a lifestyle. Whether you’re sipping coffee on your balcony or taking a leisurely stroll along the beach, every day here feels like a vacation. Discover your dream home in Balboa Peninsula today, and embrace the coastal living experience!

Newest Balboa Peninsula (NP) Homes with Two Levels Stories

$4,599,000

NP26196683 MLS ⋅ Active Status

Rare opportunity to own a four-unit investment property on an oversized corner lot on the ocean side of Balboa Blvd, directly across from Marina Park and just steps from the beach and surfing at The Point. Ideally positioned near Newport Pier, this exceptional Peninsula location puts the ocean, bay, boardwalk, dining, and entertainment all within easy reach. The property features a spacious 4-bedroom, 2-bathroom unit with an active Short-Term Rental (STR) permit, offering valuable vacation rental income potential in one of Newport Beach’s most desirable coastal destinations. The remaining three units are each 2 bedrooms and 1 bathroom and are operated as long-term rentals, providing an attractive combination of short-term and stable long-term rental income. Adding to the property’s appeal, each of the four units has its own private garage—a rare and highly desirable amenity on the Balboa Peninsula. The oversized corner lot further distinguishes the property, providing excellent presence and a setting that is increasingly difficult to find in this coveted beach community. With Marina Park directly across the street, surfing at The Point just steps away, Newport Pier nearby, and both the ocean and bay at your doorstep, 1733 W Balboa Blvd presents a unique opportunity to acquire a four-unit Newport Beach investment combining location, income versatility, parking, and the quintessential Peninsula lifestyle.

1733 W 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

$10,995,000

5 Beds ⋅ 4 Baths ⋅ OC26192516 MLS ⋅ Active Status

Set directly on the bay in Newport Beach, 1444 W Bay Avenue offers a rare combination of waterfront living, premium 55’ and 42’+ dockage, generous interior space, and a coveted corner-lot setting on the Balboa Peninsula. The two-story residence spans approximately 3,742 square feet with five bedrooms, four bathrooms, providing an exceptional canvas for creating a custom bayfront home. Expansive windows and outdoor spaces take advantage of panoramic views across Newport Harbor, with the bay serving as the backdrop throughout the property. The main level features a formal entry, spacious living areas, dining room, kitchen, and direct access to the waterfront patio and dockage. Three separate entrances provide convenient access throughout the property. Upstairs, all five bedrooms are joined by additional living space, including a loft and wet bar that open to a patio overlooking Balboa Boulevard with a glimpse of the ocean, along with balconies overlooking the harbor. High ceilings, a living room fireplace, elevator, interior laundry, and abundant storage add to the home’s substantial footprint. A three-car attached garage and seven total parking spaces on the property provide a level of convenience rarely found along the bay.

1444 W Bay, Newport Beach

$25,950,000

5 Beds ⋅ 6 Baths ⋅ NP26190102 MLS ⋅ Active Status

A rare Newport Harbor bayfront estate, 1114 E. Balboa Boulevard pairs 60 feet of waterfront frontage with exceptional dockage, panoramic views, and a beautifully designed residence set on a coveted double lot. Thoughtfully remodeled with interiors by Barclay Butera, the home is designed around its extraordinary setting, with generous living spaces opening to expansive waterfront patios ideal for entertaining and taking in the harbor views. Four bedrooms upstairs include a spectacular primary retreat with separate his-and-her baths, while a fifth bedroom or office on the main level offers added flexibility, with an elevator connecting both levels. Along the waterfront, a substantial U-shaped private dock offers exceptional capacity for multiple large vessels, placing the best of Newport Harbor just beyond your door. With the bay on one side and the beach just across the street, this exceptional Peninsula location offers the opportunity to enjoy both harbor and beach living. An extraordinary combination of waterfront presence, significant dockage, timeless design, and an irreplaceable setting.

1114 E Balboa Boulevard, Newport Beach

$3,750,000

4 Beds ⋅ 3 Baths ⋅ OC26186519 MLS ⋅ Active Under Contract Status

Charming, full of possibilities, and just steps from the sand, 2012 E Ocean Boulevard presents a rare opportunity to create a distinctly personal coastal retreat in one of Newport Beach’s most treasured settings. Set on a prime 35-foot-wide x 75-foot-deep, 2,625-square-foot lot in Peninsula Point, this classic 1955 residence is zoned for a single-family residence and offers approximately 1,643 square feet with four bedrooms and three baths, including a second-floor casita with separate entrance, capturing the relaxed character and timeless appeal of life by the sea. With its inviting coastal charm and exceptional location, the home is perfect as a beach bungalow getaway or offers an exciting canvas for its next chapter. Thoughtfully refine the existing residence, reimagine its interiors to suit your own aesthetic, or explore the possibilities of an entirely new concept at this coveted Peninsula address. Just moments from the beach, the Bay, the Balboa Fun Zone, and the famed Wedge, the property places morning walks along the shoreline, sun-soaked afternoons, and the effortless rhythm of Newport Beach living practically at your doorstep. Opportunities to pair this much character, potential, and proximity to the ocean are increasingly rare. For those with an eye for design and a vision for what could be, 2012 E Ocean Boulevard is an enchanting opportunity to make a piece of the Peninsula entirely your own.

2012 E Ocean Boulevard, Newport Beach

$7,495,000

3 Beds ⋅ 3 Baths ⋅ NP26175284 MLS ⋅ Active Status

This ultimate beach house is located on the highly coveted Newport Beach peninsula, with charming interior architecture set against a stunning backdrop of fabulous panoramic ocean, Catalina and sunset views. This front row property is an ideal primary residence or vacation home with an extra large patio on the boardwalk. Ready to enjoy and recently updated throughout, the main level features a spacious living room with high ceilings, beautiful brick gas fireplace, elevated dining room, newly remodeled kitchen and full bath. Extra-large primary bedroom with cozy gas fireplace, window seat and corner balcony offer spectacular ocean views at every turn. The ensuite primary bath has dual sinks, freestanding soaking tub and walk-in shower. Two bright guest bedrooms, central guest bath and two additional bonus rooms - ideal for office, exercise room and/or guest spaces, complete the second level. An attached two car garage offers a large mezzanine storage space. Current short-term rental permit for the home is transferable to the new owner. Close to shops, local dining, the Balboa Ferry, great local schools and recreational opportunities make this the perfect home throughout the year. The adjacent buildable lot located directly behind the home and is available for purchase separately.

920 E Oceanfront, Newport Beach

$4,700,000

219151871DA MLS ⋅ Active Under Contract Status

Short -Term Rental Asset in Lido Marina Village with two existing Short-Term Lodging (STR) permits Active STR permits in this neighborhood are exceptionally scarce . Transferability and continued eligibility are subject to verification with the City of Newport Beach and applicable City requirements This fully permitted turn-key setup offers immediate , high -yield revenue potential through Airbnb, VRBO or luxury vacation leasing , making it a premier asset for buyers seeking strong cash flow or a personal coastal retreat with built in income There are independent entries for each living space and high-end upgrades throughout upper Residence :3 bedrooms /2 Baths with vaulted ceilings and private balcony Main Level Residence : 2 bedrooms / 2 Baths with a cozy fireplace Penthouse Studio : private entry and full bath -ideal for extended stays or maximizing overall rental yield Key Highlights and Amenities : Chef's Kitchen :Designed with custom cabinets , quartz counters and stainless steel appliances and wide -plank hardwood floors 3 separate utility meters to maximize rental efficiency and minimize landlord overhead Parking & Views : Includes 4 total parking spaces (2 -car garage +2-car carport) along with peek-a -boo-ocean views Prime Location: Situated steps from Lido Marina Village , nearby beaches , and exclusive hotspots like Nobu, mayor's Table , and Lido House

410 Clubhouse Avenue, 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

$3,995,000

LG26166425 MLS ⋅ Active Status

1527 W Balboa, Newport Beach

$5,350,000

4 Beds ⋅ 3 Baths ⋅ NP26146717 MLS ⋅ Active Status

PRICE REDUCTION, Tucked into the quiet, coveted enclave of The Peninsula Point, this classic Cape Cod offers timeless charm just steps from the sand, walk to the famous surfing point, The Wedge or the Balboa Village. Owned by the same family since 1992 and never rented, this 4 bedroom, 3 bath residence has been maintained and thoughtfully updated over the years. Beamed ceilings, crown molding, and warm wood flooring set the tone throughout. The kitchen has been updated featuring new quartz's countertops, a 6-burner Viking range, and a double oven, makes this home functional as it is beautiful. A main floor bedroom and bath add flexibility, while the primary suite upstairs offers a private retreat which includes a private deck overlooking the courtyard. The primary bathroom included duel sinks and heated floors. Outside, a brick, concrete patio framed by mature landscaping a perfect setting for indoor-outdoor living. The great room has high ceiling, beams with a gas fireplace, perfect for family gatherings. The home includes a 2 car garage. This true Cap Cod beauty has character throughout and a rare opportunity to own a piece of the Peninsula Point.

1617 E Balboa Boulevard, 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.