Homes for Sale in Balboa Peninsula, Newport Beach, CA

The Balboa Peninsula is a neighborhood encompassing the land barrier to the south of the city of Newport Beach, California. The community features a long stretch of sand that faces the Pacific Ocean and encloses the Newport Bay. The Peninsula ends to the east, where you’ll find the Entrance Channel, which serves as the primary way for boats to get in and out of the bay. 

 

This beautiful land feature is home to countless landmark buildings and notable tourist attractions that are frequented by locals and visitors alike. Balboa also features a couple of piers that serve as excellent fishing spots, beautiful ocean viewpoints, and unique dining areas right in the middle of the ocean. Although primarily residential, there are a good number of commercial establishments along Balboa Boulevard that offer ample conveniences for residents in the community.

 

The central and eastern portion of the island is split between an open sandy beach space to the south facing the ocean and various commercial and residential developments to the north.

There’s a fantastic selection of bayfront properties lining the north of Balboa that are lined with small ports that dock various boats and yachts. Homes on this part of the neighborhood typically vary on its build and location. Waterfront residences usually have more spacious lots and a higher price tag and can go between five to seven million dollars. Other properties in the area tend to have a price that’s closer to the median price point of homes in Newport Beach. Further west, you’ll find more affordable single-family homes as you get closer to the city center. These residences come with a unique ocean-type design that helps protect it from the weather.

Market Overview

Newport Beach Real Estate Statistics

Median Home Value

$2,337,108

Average Days on Market

92

Average Price Per Sqft

$997

Median Sale Price of Homes

$2,595,000

Cost of Living Index Score

277

Home Ownership Percentage

63.9%

What's To Love

The Balboa Peninsula has the longest stretch of beach in Newport Beach and offers a panoramic view of the Pacific Ocean. The oceanfront community provides a wealth of attractions, dining, and recreation that residents can enjoy at their leisure.

What's Not To Love

Land space is quite limited in the Balboa Peninsula as buildable areas are relatively small on an island. You can expect smaller lot sizes in this neighborhood, with some suburbs featuring homes that are built right next to each other.

Is it for me?

Who is this neighborhood for

Homes are a short drive away from the city center and provide a detached living space separated from the busier streets of the downtown district. If you’re looking for a bayfront home with a private dock for your yacht and easy access to the waterway, then Balboa Peninsula has a fantastic selection of properties for you to purchase. There’s also a great list of affordable single-family homes in the community perfect for buyers looking to purchase a starter home in the city.

Find Your Home

Latest homes for sale in Balboa Peninsula

58
Active

$29,995,000

2112 Balboa Boulevard E

Newport Beach, CA, 92661
Beds6Baths10SqFt11,771MLS#NP21134424
28
Active

$24,500,000

1504 Oceanfront W

Newport Beach, CA, 92661
Beds9Baths9SqFt8,800MLS#OC21014808
35
Active

$18,500,000

1350 Oceanfront E

Newport Beach, CA, 92661
Beds5Baths7SqFt5,982MLS#OC21177909
53
Active

$13,250,000

1911 Bay Avenue E

Newport Beach, CA, 92661
Beds4Baths5SqFt3,503MLS#OC21190040
6
Coming Soon

$9,495,000

1710 Oceanfront W

Newport Beach, CA, 92663
Beds4Baths4SqFt4,000MLS#OC21211122
3
Active

$9,200,000

500 Balboa Boulevard E

Newport Beach, CA, 92661
Beds9Baths7SqFt7,000MLS#NP21055349
Jacqueline Thompson Real Estate Group - Orange Coast luxury neighborhoods
Take the next step

Ready to take the next step?

Jacqueline Thompson is the founder and leader of the Jacqueline Thompson Group at Surterre Properties known in the industry for her consistent success in the luxury residential real estate market in the Coastal Orange County region. Our team is determined to ensure we provide a responsive and highly personalized experience when buying real estate in the communities we serve. We value each and every one of the relationships we build with our clients and would be glad to represent you in your search for a new home.

Meet the locals

Who Lives in Newport Beach

Population

85,326

Median Age

47.3

Median Household Income

$119,379

Households

37,870

Bachelor's Degree or Higher

68.3%

Seniors

27.46%

Entertainment

Things to do in Balboa Peninsula

Balboa Pier

Long-standing fishing pier built back in 1906 known today for its retro-themed diner and romantic sunsets.

Newport Beach Pier

Famous pier known for its romantic views, stores, restaurants, and fishing spots.

Newport Beach

Beautiful sandy beach extending along the entire Balboa Peninsula.

Balboa Fun Zone

Mini amusement center in a bayfront location with lovely views and fun-filled games and rides.

Education

Schools in Balboa Peninsula

School NameGradesAdmission
Newport Elementary SchoolK - 5Public
Ensign Intermediate School6 - 8Public
Newport Harbor High School9 - 12Public
On the map

Balboa Peninsula Map

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