1509 West Balboa Boulevard Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 3,349 sqft
Price per Sqft $2,415
MLS Listing ID NP-25132550
Style Contemporary,See Remarks
Year Built 2025
Lot Size 2,575 Sqft
Property Sub-Type Condominium
Property Description
Revuelto Construction presents a luxury duplex with an ADU on a premium corner lot in the heart of Newport Beach's 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 occupancy--particularly 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 California's most sought-after coastal enclaves. ++++New Construction Ready February 2026++++
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Interior Features Ceiling Fan(s),Built-In Features,Balcony,In-Law Floorplan,Open Floorplan,Unfurnished
Heating Central
Flooring See Remarks
Fireplaces Type Living Room
Laundry Individual Room
Exterior
Parking Features Driveway - Combination,Garage,Garage - Three Door,Garage - Two Door,Off Street,On Site,Parking Space,Private,Attached Carport,Concrete,Direct Garage Access
Garage Spaces 2.0
Pool None
Community Features Sidewalks
Utilities Available Sewer Available,Water Available,Other,Cable Available,Electricity Available,Natural Gas Available,Phone Available
View Y/N Yes
View Landmark,Ocean,Mountain(s),Marina,Water,See Remarks,Bay,City Lights,Harbor
Building
Lot Description Corner Lot,0-1 Unit/Acre
Sewer Public Sewer