Balboa Peninsula
Balboa Peninsula
The Balboa Peninsula is an approx. 3 mile stretch with the bay on one side and the beach on the other.
There’s a total of 3,500 Homes on the Balboa Peninsula. Approximately 1,800 Single Family Homes, 1,000 Condos, and 1,000 Residential Income Properties. Balboa Peninsula Residents and visitors are blessed with year round Californian sun, fine sandy beaches with crashing waves, and blue water harbor views with some of the most beautiful boats, sailboats and yachts you have ever seen.
Three main Balboa Peninsula areas are West Newport, Mid Peninsula, and the Peninsula Point. There’s also three main landmarks including the famous Newport Pier, the Marina Park Community Center, and the Balboa Pier.
As you enter the Peninsula on W Balboa Blvd off of PCH or via bridge on Newport Blvd, you are heading into the heart of West Newport. Here you can find the start of our oceanfront boardwalk which stretches from 36th St in West Newport all the way to E Street down at the Peninsula Point. On your stroll along the boardwalk you will encounter Newport Pier surrounded by shops, restaurants, and bars.
Continuing your walk or bike ride along the boardwalk, you’ll pass our highly rated Newport Elementary School on 13th St where children are lucky to play on the beachfront school yard during break times. This mid-Peninsula location also offers wonderful fun filled activities to the public at the Marina Park Community Center on bayside. This is a fabulous location to watch the Christmas Boat Parade in December as well!
The Balboa Pier is another half a mile down south where you can enjoy lunch above the glistening water in Newport Beach’s original Ruby's Diner, first opened in 1982. The Balboa Pier is located in Balboa Village and surrounded by beautiful greenery, a sports court, beaches with firepits, restaurants and more shops. You name it, Balboa Village has it. Besides the oceanfront, it also offers the bayfront boardwalk along the Fun Zone where wonderful family memories have been created since the late 1930s.
Balboa Peninsula homes were originally built as vacation homes and it's not uncommon to see smaller 1-3 bedroom cottage style homes. Many of the properties were built in the early 1920's and feature many classic design styles from that era. Smaller homes built in the 1950's are referred to as "Balboa Charmers" and have the look and feel of a quaint vacation home. In the 1960’s and 1970’s a lot of our now “Residential Income” Properties were built. They’re typically characterized by an Upper 3-4bed Unit and Lower 2-3 bed Unit.
To date, we are seeing a lot of new construction and beautiful remodeled homes driving up the values. However, there’s still some homes available to purchase at lot value for the real estate investor looking for a new project or for an end-user looking to build their custom dream home.
The Balboa Peninsula is very attractive for real estate investors and full-time residents alike. The proximity to the water, scenic landscape and wonderful weather attract millions of visitors every year. The City of Newport Beach allows vacation rentals in certain areas zoned for short-term lodging which is very lucrative in peak season June through August and during Spring break.
If the Balboa Peninsula is attractive to you, you may consider its surrounding island as well.
The Peninsula acts as a jetty enclosing Newport Harbor and its islands: Newport Island, Lido Isle, Bay Island, Balboa Island, Harbor Island and Linda Isle.
Please contact us with questions regarding this community and any of the homes listed for sale here.
