See all 21 photos
$8,088,000
Est. payment /mo
6 Beds
6 Baths
Active
1509 W Balboa Boulevard Newport Beach, CA 92663
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP25132550
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Property Description
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++++
Location
State CA
County Orange
Zoning Builder
Direction Pacific Coast Highway to Balboa Blvd (South).
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
HOA Fee Include Other/Remarks
Tax ID 04721108
Virtual Tour https://1509wbalboablvd.com/

Listed by Mark Todd Compass
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