$6,750,000 - 1123 Balboa Boulevard, Newport Beach

  • 5Beds
  • 4Baths
  • 1,959SQ. Feet
  • 0.06Acres

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.

Sales Agent

Sam SmithNewport Beach Real EstatePhone: 949-444-1901Cell: 949-444-1901Contact Agent Now

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
  • Listing Agent:Tara Mcnabb
  • Listing Office:Compass

Community Information

  • Address:1123 Balboa Boulevard
  • Area:NP - Balboa Peninsula
  • Subdivision:Balboa Peninsula (Residential) (BALP)
  • City:Newport Beach
  • County:Orange
  • Zip Code:92661

Amenities

  • Parking Spaces:4
  • # of Garages:4
  • View:Ocean
  • Waterfront:Beach Access, Ocean Access, Ocean Side Of Freeway, Ocean Side Of Highway, Beach Front, Ocean Front
  • Pool:None

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
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Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 1:35am CDT. 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.