Newport Beach, CA 92663,1509 W Balboa Boulevard
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Newport Beach, CA 92663,1509 W Balboa Boulevard
Newport Beach, CA 92663,1509 W Balboa Boulevard
Newport Beach, CA 92663,1509 W Balboa Boulevard
Newport Beach, CA 92663,1509 W Balboa Boulevard
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$ 8,088,000
Est. payment /mo
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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


Bridge MLS
Listed by Mark Todd • Compass
agent

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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1509 W Balboa Boulevard