Balboa Peninsula (Residential) (Balp) Homes for Sale

Balboa Peninsula (Residential) (Balp) Homes for Sale

Welcome to Balboa Peninsula, a charming residential subdivision nestled in the heart of Newport Beach, California. This idyllic coastal community is renowned for its stunning beaches, vibrant atmosphere, and a lifestyle that perfectly blends relaxation with recreation. Whether you're seeking a serene retreat or an active lifestyle, Balboa Peninsula offers it all.

The homes for sale in Balboa Peninsula are as diverse as the community itself. From quaint beach cottages to luxurious waterfront estates, there’s something to suit every taste and budget. Many properties boast breathtaking ocean views, allowing residents to wake up to the soothing sounds of waves and the gentle ocean breeze. With an average of 300 sunny days a year, outdoor living is a way of life here, with ample opportunities for surfing, sailing, and sunbathing right at your doorstep.

Balboa Peninsula is not just about stunning homes; it’s also a hub of activity. Residents enjoy easy access to the famous Balboa Fun Zone, where you can find amusement rides, arcades, and delicious eateries. Stroll along the scenic boardwalk, explore boutique shops, or savor fresh seafood at one of the many waterfront restaurants. The community's friendly atmosphere makes it easy to connect with neighbors and enjoy a true sense of belonging.

If you're looking for a place that offers both a vibrant lifestyle and a peaceful retreat, Balboa Peninsula is the perfect choice. Explore the available homes for sale today and take the first step towards your dream coastal living experience in beautiful Newport Beach!

Newest Balboa Peninsula (Residential) (Balp) Homes for Sale

$4,499,999
4 Beds ⋅ 5 Baths ⋅ NP26180731 MLS
3601 & 3603 Lake Avenue | Newport Beach Introducing a rare new construction opportunity in the heart of Newport Beach. 3601 and 3603 Lake Avenue are two newly built luxury residences scheduled for completion June 1, 2026, offering refined coastal living, timeless design, and breathtaking “forever water views” stretching from the iconic 38th Street Bridge to Newport Island. Each approximately 2,200 square foot residence has been thoughtfully designed with sophisticated contemporary finishes, expansive glass walls, open-concept living spaces, and seamless indoor-outdoor flow. Both homes feature spectacular rooftop entertaining decks designed to maximize the panoramic bay and ocean views, creating the ultimate setting for sunset dining, lounging, and year-round coastal entertaining. Curated in collaboration with Blackband Design, the interiors showcase custom cabinetry, premium stone surfaces, designer-selected materials, wide plank flooring, elegant fireplaces, spa-inspired bathrooms, and elevated architectural detailing throughout. Spacious primary suites, multiple outdoor living areas, bonus spaces, and attached garages further elevate the livability and functionality of these exceptional homes. Perfectly positioned just moments from the sand, bay, harbor, restaurants, and world-class shopping and dining, these residences offer an unmatched Newport Beach lifestyle in one of the area’s most desirable coastal enclaves. Each property is offered at $4,500,000, or both residences may be purchased together for $9,000,000. All renderings and specifications are conceptual and subject to change

3601 Lake Avenue, Newport Beach

Listing courtesy of Listing Agent: Chris Moreno (chris@ilovenewport.com) from Listing Office: Surterre Properties Inc..
$4,050,000
6 Beds ⋅ 4 Baths ⋅ LG26176637 MLS
This is a rare investment opportunity just steps from the beach and surf in one of Newport Beach’s most desirable coastal communities. An appraisal conducted on June 19, 2026, valued the property at $4,050,000. The appraisal was performed by a Certified Member of the Appraisal Institute (MAI) and utilized all three approaches to value. This property is one of the few oversized lots in the area, offering significant potential for value enhancement. The backyard has ample space to add an additional accessory dwelling unit (ADU). Another option is to redevelop the site to build several new units, both of which could effectively maximize the potential of this large lot. Furthermore, the property presents an excellent opportunity for use as a primary residence. The upstairs can be used as a primary living space while renting out the lower unit as an income-producing property. Each of these options offers considerable value addition, whichever route you choose to pursue. These property features will allow for an effective and stable exit strategy in the future. Additionally, the home features a two-car attached garage and offers a peak ocean view from the patio. Conveniently located one street back from the beach, it is just a leisurely walk to Marina Village, fine dining, shops, and the harbor. This is an amazing opportunity for both short- and long-term income investors.

4802 Neptune Ave, Newport Beach

Listing courtesy of Listing Agent: Brendan Horgan (brendansean1111@gmail.com) from Listing Office: MEEHAN ESTATES, INC..
$11,895,000
5 Beds ⋅ 5 Baths ⋅ NP26157814 MLS
A Once-in-a-Generation Opportunity on Newport Harbor. Offered for the first time in more than four decades, this iconic bayfront residence occupies one of Newport Harbor’s most coveted end parcels, commanding 180 degrees of panoramic harbor views. Watch luxury yachts, sailboats, kayakers, the Christmas Boat Parade, dazzling sunsets and sunrises, and the ever-changing beauty of the bay unfold before you. Reimagined and expanded in 1999 including foundational support. A private dual-slip dock accommodates a 55-foot yacht and a 40-foot vessel, with potential to expand for a yacht of approximately 65 feet. Just steps away, enjoy the sandy bay beach and neighborhood dog park, or cross the street to the ocean for surfing, boogie boarding, volleyball, and scenic shoreline walks. The main level welcomes you with a charming front porch and double-door entry leading to a spacious living room showcasing spectacular harbor views, anchored by a wood-burning fireplace. A formal dining area, generous kitchen, full bath, outdoor shower, abundant walk-in pantry, and ample storage complete the space, including an elevator to provide convenience to the second floor. Designed for effortless indoor-outdoor living, the main level opens directly to an expansive waterfront patio and private dock, creating the ultimate setting for entertaining and boating. An extraordinary seven parking spaces, including a three-car attached garage, provide a rare luxury on the Balboa Peninsula. The upper floor offers exceptional scale, with soaring cathedral ceilings in nearly every room, five spacious bedrooms, three additional bathrooms, and an open loft ideal for a media room, office, fitness studio, library, children’s retreat, or additional living area. Exceptional potential awaits in the two bayfront bedrooms, perfectly positioned to become a spectacular primary suite overlooking Newport Harbor with breathtaking water views. Hidden storage throughout and beautiful historic stained-glass details add timeless character and architectural distinction. Beautifully maintained and rich in history, this remarkable residence can be enjoyed as-is or transformed into one of Newport Harbor’s premier waterfront estates. Lido Marina Village, Balboa Island, Marina Park, the Peninsula Boardwalk, acclaimed dining, shopping, and cafés are all moments away. Cruise to dinner from your private dock, enjoy sunsets from your ocean-view balcony, and create a legacy estate for generations to come.

1444 W Bay Avenue, Newport Beach

Listing courtesy of Listing Agent: Regan Beegle (Regan@TimesRealEstateCA.com) from Listing Office: Times Real Estate CA.
$4,150,000
3 Beds ⋅ 5 Baths ⋅ NP26143084 MLS
Welcome to 428 E Bay Avenue, a quintessential coastal retreat ideally located just one home from the bay and two blocks from the ocean and boardwalk in the heart of the Balboa Peninsula, moments from the Balboa Pier, ferry, and Fun Zone. With timeless beach cottage charm and classic coastal appeal, this move-in ready residence offers an effortless blend of style and functionality, featuring a light-filled great room, open-concept kitchen, and powder bath on the main level, while upstairs three spacious bedrooms each enjoy ensuite bathrooms for ultimate comfort and privacy. The rooftop deck captures refreshing bay breezes, passing boats, and city lights into the evening—perfect for embracing the vibrant Peninsula lifestyle year-round—while a bonus room with an additional bathroom provides flexible space for guests, a home office, or secondary living area. Complete with a versatile garage for parking, storage, bikes, and beach essentials, this is a rare opportunity to own a turnkey home in one of Newport Beach’s most iconic and sought-after beachside locations.

428 E Bay Avenue, Newport Beach

Listing courtesy of Listing Agent: Kimberly Bibb (kbibb10@gmail.com) from Listing Office: Pacific Sotheby's Int'l Realty.
$57,500,000
6 Beds ⋅ 8 Baths ⋅ NP26093046 MLS
With its stunning waterfront views, impressive proportions, and curated selection of custom amenities, this newer (2023) contemporary showplace is among the finest residences in Newport Beach. Located on the Balboa Peninsula, the estate boasts nearly 100' of frontage along the Newport Channel, welcoming views of the water, passing yachts and sailboats, evening lights, Saddleback Mountain, Lido Isle and the towers of Newport Center and Fashion Island. Equally breathtaking, the home reflects the talents of architect Paul McClean, Gallo Builders and Lynda Murray Interior Design in an architecturally unparalleled collage of glass, marble, metal and wood. Italian veined white marble cladding and custom rain glass hint at the beauty that awaits beyond the entrance gate, where a garden complements a glass bridge that leads the way to a pivoting glass front door. Channel views are enjoyed from the moment the gate opens and continue throughout the three-level design, where six en suite bedrooms and seven-and-one-half-baths offer comfort for all in appx. 12,749 SF. Walls of glass and Sky-Frame slide-away glass doors pocket doors up to nearly 50' long create a seamless transition to outdoor areas including a lower-level pool, and a main-level bayfront terrace with kitchen and private dock for multiple vessels. Panoramic views overlook the ocean, harbor, mountains and coast from a massive rooftop patio that extends about 3,200 SF and hosts a second pool, and outdoor kitchen with grill, pizza oven and an island with seating for 10. A custom elevator joins a phenomenal spiral staircase with mirror-polished rails in offering access to all three levels of the residence. Discover a great room with see-through fireplace shared with the covered patio, a walk-in 750-bottle wine room, 192-bottle temperature-controlled wine wall, and a dining room that flows to top-tier front-and-back kitchens with Poliform Italian cabinetry and Miele, Sub-Zero and Liebherr appliances. The lower level reveals a lounge with bar, state-of-the-art theater with starry-night ceiling and concession stand, VR racing room, and fitness center with Rogue equipment and Pavi Gym rubber flooring from Spain. Your private wellness center presents a massage/meditation room, light-therapy room, steam shower and sauna. Unobstructed views enhance the top-floor’s primary suite and bath, featuring a large balcony and heated floors. Smart home tech and a four-car garage with single hydraulic door lend added cachet.

1220 W Bay Avenue, Newport Beach

Listing courtesy of Listing Agent: Tim Smith (tim@timsmithgroup.com) from Listing Office: Coldwell Banker Realty.
$5,385,000
6 Beds ⋅ 7 Baths ⋅ NP26117423 MLS
One house from the boardwalk. Two fully independent residences, built and finished to a single standard of quality, on one of the Balboa Peninsula's most coveted blocks. The primary residence at 419 E Balboa is ground-up newer construction, completed in 2017 across three thoughtfully designed levels. Three bedrooms, four bathrooms, private elevator, and a rooftop deck with open ocean and Balboa Pier views that redefine what it means to live on the Peninsula. The upper-level living space opens seamlessly to the outdoors, offering light, air, and water in every direction. This is a well-executed home perfectly positioned just one house from the boardwalk. The second residence at 417 E Balboa is a completely renovated three-bedroom, three-bathroom home with a private office, rebuilt and refreshed to a high standard. It features hardwood floors on the upper level, luxury porcelain tile on the lower, spacious bedrooms, an office, and a main-level primary bedroom. Fully independent and turnkey, 417's existing layout—with dual living areas, a full kitchen, and a kitchenette across its two levels—lends itself naturally to a range of income strategies, including ADU conversion on the lower level potentially creating a multi-unit rental opportunity. The property is also zoned for short term rentals, with permit availability subject to the City's current waitlist. Together: 6 bedrooms, 7 bathrooms, across over 3,450 interior square feet with ample parking— a genuine rarity on the Peninsula — and a location one house from the boardwalk. The primary residence delivers the lifestyle. The second delivers the flexibility. That combination, at this location, doesn't come around often.

419 E Balboa, Newport Beach

Listing courtesy of Listing Agent: Tyler Brown (tyler@tylerbrownre.com) from Listing Office: Serhant California, Inc.
$5,795,000
5 Beds ⋅ 5 Baths ⋅ OC26118742 MLS
Experience oceanfront living on the Balboa Peninsula with this duplex ideally positioned just steps from the sand in Newport Beach. Offering stunning Catalina Island, ocean, and pier views, along with coastal breezes and a highly walkable location, this property presents a rare opportunity in one of the Peninsula’s most desirable oceanfront settings. Conveniently located near Lido Village, Newport Pier, Balboa Pier, Balboa Fun Zone, Balboa Island Ferry, waterfront dining, shopping, and local coastal attractions, this location is among the Peninsula’s closest residential neighborhoods to the ocean. The property also offers future upside with zoning that may allow for a third level and/or mixed-use configuration, subject to city approval and buyer verification. It may also appeal to investors seeking short-term lodging opportunities, subject to required permits. Remodeled with a new roof and updated interiors featuring modern finishes, the residence offers a flexible layout suited for personal use, rental income, or a combination of both. Large windows and sliding glass doors bring in abundant natural light while capturing water and pier views from multiple living areas. Outdoor spaces include a balcony on each level and a private rear patio designed for indoor-outdoor entertaining. First Floor Unit: Open-concept living area with kitchen and balcony, featuring 3 bedrooms and 2 bathrooms. Second Floor Unit: Open-concept living area with kitchen, balcony, and private rear patio, featuring 2 bedrooms and 3 bathrooms. Each unit includes an attached garage, additional parking, indoor laundry, and storage. Nearby amenities include surfing, paddleboarding, boating, yacht charters, biking paths, Fashion Island, Crystal Cove State Park, and the vibrant Newport Harbor lifestyle. Whether used as a second home, income property, or long-term investment, this duplex presents a rare opportunity in one of the Peninsula’s most desirable oceanfront locations. Rear patio furniture and third-level addition shown are renderings for illustration purposes only.

2212 W Oceanfront, Newport Beach

Listing courtesy of Listing Agent: Edward Rodriguez (edward@thefindgroup.com) from Listing Office: Real Broker.
$9,995,000
3 Beds ⋅ 3 Baths ⋅ NP26114901 MLS
Two properties offered together for one price (920 E Oceanfront and 923 E Balboa Blvd). This ultimate beach house is located on the highly coveted Newport Beach peninsula, with charming interior architecture set against a stunning backdrop of fabulous panoramic ocean, Catalina and sunset views. The front row property is an ideal primary residence or vacation home with an extra large patio on the boardwalk. Ready to enjoy and recently updated throughout, the main level features a spacious living room with high ceilings, beautiful brick gas fireplace, elevated dining room, newly remodeled kitchen and full bath. Extra-large primary bedroom with cozy gas fireplace, window seat and corner balcony offer spectacular ocean views at every turn. The ensuite primary bath has dual sinks, freestanding soaking tub and walk-in shower. Two bright guest bedrooms, central guest bath and two additional bonus rooms - ideal for office, exercise room and/or guest spaces, complete the second level. An attached two car garage offers a large mezzanine storage space. The adjacent parcel located directly behind the home currently offers private gated parking for approximately ten vehicles or could be a separate buildable lot. Current short-term rental permit for the home is transferable to the new owner. Close to shops, local dining, the Balboa Ferry, great local schools and recreational opportunities make this the perfect home throughout the year.

920 E Oceanfront, Newport Beach

Listing courtesy of Listing Agent: Juli Auckerman (juli.Auckerman@pacificsir.com) from Listing Office: Pacific Sotheby's Int'l Realty.
$8,499,000
4 Beds ⋅ 5 Baths ⋅ NP26114513 MLS
Offered for the first time in over 50 years, this newly remodeled on-the-sand residence captures the kind of Newport Beach ownership experience that is becoming increasingly rare. Set along one of the quieter stretches of the Peninsula, away from much of the heavy tourist traffic and activity found closer to the main beach areas, the home offers a more relaxed and private coastal setting. Unlike many oceanfront properties on the Peninsula, this section of beach is notably absent of a boardwalk directly in front of the home — creating a more peaceful connection to the sand and ocean without the constant flow of bikes and foot traffic just outside your door. Spanning approximately 2,640 square feet with 4 bedrooms and 4.5 bathrooms, the home is uniquely designed with complete living spaces on both levels, including bedrooms, bathrooms, kitchens, and living areas upstairs and down. The layout offers exceptional flexibility for hosting guests, accommodating extended family, or creating a natural separation between entertaining and everyday living. The main upstairs living area opens to panoramic ocean views and abundant natural light, while the kitchen pairs custom cabinetry with Carrera marble countertops, a Shaws sink, Sub-Zero appliances, a Wolf range, and new white oak style floors that continue throughout the home. Just off the living room, a small oceanfront balcony provides a quiet place to take in the coastline, sea breeze, and evening sunsets. Downstairs, an additional kitchen and living area open directly to the expansive beachfront patio — a space designed to be lived in as much as the interior itself. Large enough for outdoor dining, lounging, and evenings gathered around the fire feature, it becomes the natural center of the home throughout the summer months, with the sand and ocean just beyond. Homes along this stretch of Oceanfront are often held for generations, and for good reason. The combination of direct beach access, a quieter setting, and the timeless appeal of life on the sand creates a place families return to year after year. With its limited availability and thoughtful remodel, this is more than just a beach house — it’s an opportunity to create the kind of family legacy that stays with generations to come. A rare opportunity to own your own little slice of heaven.

6704 W Oceanfront, Newport Beach

Listing courtesy of Listing Agent: Blake Nelle (blake@blakenelle.com) from Listing Office: Coldwell Banker Realty.
$5,995,000
5 Beds ⋅ 4 Baths ⋅ NP26099892 MLS
Extensively remodeled in 2021, this exceptional Balboa Peninsula duplex blends refined coastal design with thoughtful modern living just moments from the sand, bay, and Marina Park. Striking coastal-modern architecture showcases crisp white brick, expansive glass, custom steel bifold doors, black metal accents, warm wood detailing, and casement windows thoughtfully designed to maximize natural light and ocean breezes throughout. Inside, both residences feature 9-inch-wide DuChâteau Atelier hardwood flooring, custom beadboard and wainscoting, Serena & Lily wallpaper accents, custom built-ins, and designer lighting. The lower residence offers two bedrooms and two full bathrooms, while the upper residence features three bedrooms, two full bathrooms, and a spacious covered entertaining deck complete with custom shade structure, gas and water hookups, and seamless indoor-outdoor flow. Multiple fireplaces, custom media cabinetry, motorized Hunter Douglas shades, integrated smart home features, and custom built-in elements further elevate the living experience throughout both units. Both kitchen and bath spaces have been extensively customized with premium finishes and designer materials, including Thermador appliances, quartzite and quartz countertops, handcrafted zellige tile, Rohl and Hansgrohe fixtures, Toto toilets, custom vanities, and curated selections from Walker Zanger, Tabarka Studio, Artistic Tile, and Mosaic House. Additional highlights include separate LG mini-split HVAC systems with individualized climate control throughout living spaces and bedrooms, Kolbe windows and doors throughout, integrated security and leak detection systems, EV charging infrastructure, an attached two-car garage with epoxy flooring and custom cabinetry, and a covered three-car carport — an exceptionally rare amenity on the Peninsula. Located moments from the beach, bayfront recreation, the Fun Zone, local cafés, restaurants, and waterfront activities, this exceptional property offers a rare combination of lifestyle, versatility, and long-term value in one of Newport Beach’s most desirable coastal communities. Whether envisioned as a refined owner-user residence with supplemental income potential, a multi-generational beach retreat, or a turnkey investment opportunity, this extensively remodeled duplex captures the essence of elevated Peninsula living.

1311 W Bay Avenue, Newport Beach

Listing courtesy of Listing Agent: Tim Smith (tim@timsmithgroup.com) from Listing Office: Coldwell Banker Realty.
$6,600,000
3 Beds ⋅ 3 Baths ⋅ NP26090806 MLS
Located past the last turnout on the boardwalk at Peninsula Point, this highly desired location is close enough to walk to many of the area's most desirable amenities yet also private and serene. The oversized lot affords this spacious and meticulously kept home featuring an "upside down" floor plan with living areas on both levels. Perfect for entertaining at the beach, it includes a family room opening to a large terrace on the beach level. Upstairs, there are vaulted ceilings and a fireplace in the very large, open-concept great room overlooking the coastline and ocean. The Catalina and sunset views are not to be missed. The home also includes a spacious master suite upstairs, two additional bedrooms with a bath downstairs, a guest bath, laundry room, and an amazing oversized garage with parking for three cars and over-height ceilings ideal for beach storage. The elevation change on the lot - which is a rarity among oceanfront properties in Newport - affords extra buildability which has been captured in this structure. This home is very well-kept and is ideal for those looking to personalize a home without having to build new. The location is excellent and is close to world-famous Wedge, the Balboa Pier, Balboa Island, and several neighborhood parks. The beach here is very deep and rarely attracts the crowds found elsewhere on the peninsula. This is an extraordinary opportunity for such a location, and priced attractively for the value-conscious buyer.

1303 E Balboa Boulevard, Newport Beach

Listing courtesy of Listing Agent: Robert Giem (rob@robgiem.com) from Listing Office: Plus Real Estate.
$10,995,000
4 Beds ⋅ 6 Baths ⋅ OC26083583 MLS
Introducing a rare opportunity to own a brand-new oceanfront residence with a SHORT TERM RENTAL PERMIT on the highly coveted Balboa Peninsula. Thoughtfully designed and expertly curated, this 4-bedroom, 5.5-bathroom home spans approximately 2,851 square feet and blends timeless coastal architecture with refined, modern finishes. From the moment you enter, the home showcases an elevated yet relaxed aesthetic, featuring custom white oak cabinetry, soft plaster finishes, and a sophisticated mix of natural stone, handcrafted tile, and warm textural elements. The chef’s kitchen is both functional and striking, complete with premium appliances, custom millwork, and a seamless connection to the main living spaces—perfectly positioned to capture sweeping ocean views. Each bedroom is ensuite, offering privacy and comfort, while the primary suite is a true retreat with a spa-inspired bath, layered textures, and serene coastal tones. Throughout the home, curated lighting, designer fixtures, and bespoke details create a cohesive and luxurious living experience. One of the home’s most exceptional features is the expansive rooftop deck, offering panoramic ocean and bay views—an ideal setting for entertaining, relaxing, and enjoying Newport’s iconic sunsets. Located directly on the sand, 1123 E. Balboa delivers the ultimate coastal lifestyle with immediate access to the beach, boardwalk, and all that Newport Beach has to offer.

1123 E Balboa, Newport Beach

Listing courtesy of Listing Agent: Tara McNabb (taralmcnabb@icloud.com) from Listing Office: Compass.
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