1509 W Balboa Boulevard, Newport Beach, CA

$8,088,000

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6

Beds

6

Baths

0.06

Acres

About 1509 W Balboa Boulevard

Revuelto Construction presents a luxury duplex with an ADU on a premium corner lot in the heart of Newport Beachs 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 occupancyparticularly 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 value in one of Southern Californias most sought-after coastal enclaves. ++++New Construction Ready February 2026++++

Features of 1509 W Balboa Boulevard

MLS® # NP25132550
Price $8,088,000
Bedrooms 6
Bathrooms 6.00
Acres 0.06
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 1509 W Balboa Boulevard
Area OC - NEWPORT BEACH (92663)
City Newport Beach
County Orange
State CA
Zip Code 92663

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling Central Forced Air
Fireplace Yes
Stories 3 Story

Exterior

Lot Description Corner Lot,Sidewalks
Construction Other/Remarks

Additional Information

Date Listed May 14th, 2025
Days on Market 47
Zoning Builder
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass

Listing Map

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