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++++
++++New Construction Ready February 2026++++
Property Details
Price:
$8,088,000
MLS #:
NP25132550
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Condominium
Neighborhood:
npbalboapeninsula
Listed Date:
May 14, 2025
Lot Size:
2,575 sqft / 0.06 acres (approx)
Year Built:
2025
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Schools
Interior
Exterior
Financial
Map
Community
- Address1509 W Balboa Boulevard Newport Beach CA
- NeighborhoodNP – Balboa Peninsula
- CityNewport Beach
- CountyOrange
- Zip Code92663
Subdivisions in Newport Beach
- Back Bay Anniversary Homes BBAN
- Balboa Coves BLCV
- Balboa Island – Collins Island BALC
- Balboa Island – Little Island BALL
- Balboa Island – Main Island BALM
- Balboa One Ford Road OFBB
- Balboa Peninsula
- Balboa Peninsula Point BLPP
- Balboa Peninsula Residential BALP
- Baycrest ""L"" Series BCL
- Baycrest South BCSO
- Bayridge BRID
- Bayshores BSHR
- Bayside Village BAYV
- Bayview Terrace BVTR
- Beacon Bay BEAC
- Beacon Court BECT
- Belcourt Custom BLCS
- Belcourt Hill BLHL
- Belcourt Terrace BLTR
- Belcourt Towne Collection BLTC
- Big Canyon Broadmoor BCBM
- Big Canyon Custom BCCS
- Big Canyon Deane BCDN
- Big Canyon McLain BCMC
- Big Canyon Villa BCVA
- Bluffs Homes on the Bay BNHB
- Bluffs Original BORI
- Bluffs Park Homes BNPK
- Bluffs Tennis Villas BNTV
- Cannery Village Mobile Park CVMP
- Central Newport CNEW
- Cherry Lake Estates UBLE
- Cliffhaven CLIF
- Dover Shores ""100"" Series DSA1
- Dover Shores DSAM
- Eastbluff – Lusk EBLK
- Eastbluff – Macco EBMO
- Granville GRNV
- Harbor Cove Palisades HCPS
- Harbor Cove Promenade HCPM
- Harbor Highlands I HH01
- Harbor Highlands II HH02
- Harbor Island ""Drive"" HIDC
- Harbor Island HARI
- Harbor Ridge Crest HRCR
- Harbor Ridge Custom HRCS
- Harbor Ridge Estates HRES
- Harbor View Homes HVHM
- Harbor View Knoll HKNL
- Kings Road KGRD
- Lido Building #601 L601
- Lido Building #621 L621
- Lido Island LIDO
- Lido Peninsula LIPN
- Linda Isle LIND
- Madison BCYM
- Marina Apartments MARA
- Newport Bay Towers NBYT
- Newport Beach Townhomes NTHM
- Newport Crest NEWC
- Newport Heights NEWH
- Newport Island NEWI
- Newport North Villas NNVL
- Newport Shores NEWS
- Newport Terrace NEWT
- Santa Ana Country Club Area SACC
- Santa Ana Heights Residential SAHR
- Sea Island – McLain SIML
- Seawind Condos SEAW
- Stonybrook OFSB
- Versailles VERS
- Villa Balboa VBAL
- Villa Granada VGRN
- Villa Siena VSEN
- Vista Del Lido Condos L611
- West Newport Beach WSNB
- West Newport Industrial WNIN
- Westcliff Grove WCGR
- Westcliff West WCDW
- Windward East Homes UBWE
- Wyndover Bay BCYW
Market Summary
Current real estate data for Residential Income in Newport Beach as of Oct 24, 2025
18
Residential Income Listed
183
Avg DOM
$8,498,667
Avg List Price
Property Summary
- 1509 W Balboa Boulevard Newport Beach CA is a Residential Income for sale in Newport Beach, CA, 92663. It is listed for $8,088,000
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