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$ 8,088,000
Est. payment /mo
Active
1509 W Balboa Boulevard Newport Beach, CA 92663
6 Beds
3,349 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,349 sqft
Price per Sqft $2,415
MLS Listing ID CRNP25132550
Bedrooms 6
HOA Y/N No
Year Built 2025
Lot Size 2,575 Sqft
Acres 0.06
Property Sub-Type OTHER
Property Description
Revuelto Construction presents a luxury duplex with an ADU on a premium corner lot in the heart of Newport Beach’s prestigious Balboa Peninsula. Designed by Iconic Architecture this 3,349 square foot site features two luxury condominiums and a high-end Accessory Dwelling Unit (ADU), offering a compelling blend of prime location, thoughtful design, and strong financial upside. Ideally situated with nearby access to both the Pacific Ocean and Newport Harbor, the property benefits from a high-demand coastal micro-market where homes routinely command top-tier sale prices and vacation rental rates. The development includes six bedrooms and six bathrooms across 2 units plus an ADU, each designed to maximize indoor-outdoor living. Expansive private decks, ample parking, and contemporary architecture contribute to a highly desirable end product. This opportunity is further strengthened by the rarity of corner-lot development sites on the Balboa Peninsula. Demand remains strong for Newport Beach condominiums, which consistently outperform Orange County averages in both appreciation and occupancy—particularly in the rental market. This legacy project is positioned to command a design premium, translating to elevated per-square-foot pricing. This is a unique chance to create lasting val
Location
State CA
County Orange
Interior
Heating Central
Cooling Central Air
Flooring See Remarks
Fireplace No
Window Features ENERGY STAR Qualified Windows
Laundry Laundry Room
Exterior
Exterior Feature Other
View Y/N true
View Bay, City Lights, Marina, Mountain(s), Water, Other, Ocean
Handicap Access Other, See Remarks
Total Parking Spaces 5
Building
Lot Description Corner Lot
New Construction No
Others
Tax ID 04721108

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Listed by Mark Todd • Compass