CA > Newport Beach
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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5 Beds
3,349 SqFt
New

1509 W Balboa Boulevard Newport Beach, CA 92663

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

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 5

HOA Y/N No

Year Built 2025

Lot Size 2,575 Sqft

Acres 0.06

Property Sub-Type OTHER

Property Description

Revuelto Construction present a fully entitled, shovel-ready duplex with an ADU development opportunity 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 is approved for the construction of 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 approved development includes six bedrooms and five bathrooms across 2 units plus an ADU, each designed to maximize indoor-outdoor living. Expansive private decks with outdoor kitchens, ample parking, and contemporary architecture contribute to a highly desirable end product. All discretionary approvals, including coastal permits and utility connections, have been secured, allowing for immediate commencement of construction and minimizing holding costs. This opportunity is further strengthened by the rarity of corner-lot development sites on the Balboa Peninsula. Demand remains strong for Newport Beach condominium

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
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Mark Todd • Compass

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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