One of the best places to find historic home in the city of Newport Beach, California is the Balboa Peninsula Point area. This is the area that is home to the famous "Wedge" surf break, a popular places for surfers during high surf. Homes in this area can front the large beach frontage with panoramic views of the sandy beach and Pacific Ocean. The Point is essentially the very tip of the peninsula that features the Pacific Ocean on one side and the Newport Bay on the other side of this small strip of land. The area saw a massive growth during the 1920's and 1930's as many homes were built in this area during that time frame. These properties were often used a luxury vacation properties for the well to do residents of the city of Los Angeles and Hollywood. Driving through this area will quickly realize that there is a large mixture of properties here from small 1,000 square foot one story beach cottages to larger two story homes that sit right next to the sandy beach. It's also very common to find multiple homes located on one lot. This was done in order to accommodate guests who would often stay in the guest casita.
Real Estate prices in the Balboa Peninsula Point often venture well above the million dollar price point due to it's prime location near the water. Currently there are three historic homes on the market in this area that range from $2,185,000 to $7,695,000. The most affordable home was built in 1928 and features a total of four bedrooms, two and a half baths with 1,755 square feet of living space. The two story Spanish style home offers a walk to the beach location with a great roof top deck that offers panoramic views. The home comes complete with a two car garage which can be very valuable in such a tight community such as the Point. The most expensive home at $7.695 million is a beach front as pictured below. The home is located on prime corner lot and offers a total of 3 bedrooms, 2,987 square feet of living space with a 3 car garage. There are also many historic duplex homes in this area that can be very well priced that offer the possibility of renting one unit out while living in the other. For more additional information about homes located in this area please contact any of our local Newport Beach Real Estate agents at 949-444-1901 today.