1509 W Balboa Boulevard
Newport Beach, CA, 92663
$8,088,000
Beds
0 Baths
SqFt
0.06 Acres
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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++++

Property Details

Price:
$8,088,000
MLS #:
NP25132550
Status:
Active
Baths:
0
Address:
1509 W Balboa Boulevard
Type:
Residential Income
Subtype:
Condominium
Neighborhood:
npbalboapeninsula
City:
Newport Beach
Listed Date:
May 14, 2025
State:
CA
ZIP:
92663
Lot Size:
2,575 sqft / 0.06 acres (approx)
Year Built:
2025
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Interior

Appliances
None
Cooling
Central Air
Flooring
See Remarks
Heating
Central
Laundry Features
Individual Room

Exterior

Architectural Style
Contemporary, See Remarks
Association Amenities
Other
Community Features
Sidewalks
Construction Materials
Other
Other Structures
Guest House Attached
Parking Features
Attached Carport, Direct Garage Access, Driveway – Combination, Concrete, Garage, Garage – Two Door, Off Street, On Site, Parking Space, Private
Parking Spots
5.00
Roof
None

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