1509 West Balboa Boulevard

Newport Beach CA 92663

0.06 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

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++++

Features

6 bedrooms

6 bathrooms

0.06 sq. ft. lot size

Multi-Family

Property history for 1509 West Balboa Boulevard

2021

Sold

$1,850,000

18 Oct 2021 by Craig Ratowsky, of Compass

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