1123 Balboa Boulevard, Newport Beach

$6,750,000

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5 Beds
4 Baths
1,959 Sqft
.06 Acre
4 Garages

2 ACTIVE SHORT TERM RENTAL PERMITS!! Soak up the surf and sun at this versatile oceanfront fully furnished duplex in Newport Beach’s sought-after Peninsula Point neighborhood on the Balboa Peninsula. With one unit on each level of the two-story residence, you can live in one and rent the other, or use both as valuable income-producing opportunities. The renderings show how property can look if you build out the current plans plans that have been submitted to the city for a future custom home, making it easy to create the seaside home of your dreams. Presenting a quieter setting near the end of the boardwalk, the duplex is close to The Wedge surf break, Peninsula Park, the Peninsula Point Racquet Club, the Balboa Pier, and Main Street’s vibrant shopping and dining destinations. A spacious view patio highlights the lower-level residence, which features two bedrooms, two baths, a living room with fireplace, a white kitchen, and a dining room that opens to the patio. The open and bright upper unit showcases a vaulted ceiling, a fireplace-warmed living room, a sunny ocean-view deck, a gourmet kitchen with breakfast bar, three bedrooms and two baths. An attached four-car garage with epoxy flooring provides ample off-street parking and room for storing bikes and surfboards.

Essential Information

MLS® #
OC24042496
Price
$6,750,000
Bedrooms
5
Bathrooms
4.00
Full Baths
4
Square Footage
1,959
Acres
0.06
Year Built
1977
Type
Residential
Sub-Type
Duplex
Status
Active

Community Information

Address
1123 Balboa Boulevard
Area
NP - Balboa Peninsula
City
Newport Beach
County
Orange
Zip Code
92661

Subdivision

Balboa Peninsula (Residential) (BALP)

Amenities

Parking Spaces
4
# of Garages
4
View
Ocean
Pool
None

Waterfront

Beach Access, Ocean Access, Ocean Side Of Freeway, Ocean Side Of Highway, Beach Front, Ocean Front

Interior

Interior Features
Bedroom on Main Level
Cooling
None
Fireplace
Yes
Fireplaces
Living Room
# of Stories
2
Stories
Two

Exterior

Lot Description
Rectangular Lot

School Information

District
Newport Mesa Unified

Additional Information

Date Listed
March 1st, 2024
Days on Market
57

Listing Details

Agent
Tara Mcnabb
Office
Compass

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 3:30pm PDT. 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.