This exceptional, recently completed (2022) three-level residence on the Newport Beach peninsula offers a rare live-work opportunity. The ground floor features a versatile commercial space or home office with a dedicated bathroom. The second level boasts a spacious living area, a gourmet kitchen with island seating, two secondary bedrooms, each with their own separate bathroom. The entire third floor is dedicated to the primary suite, including en-suite bathroom, and walk-in closet. A large open deck on this level provides an ideal space for entertaining and showcases panoramic views of Fashion Island, Newport Coast, and the Newport Beach coastline. Completing this desirable property is a two-car-attached garage plus two additional parking spaces.
Property Details
Price:
$3,925,000
MLS #:
PW25117348
Status:
Active
Beds:
3
Baths:
4
Type:
Single Family
Subtype:
Commercial/Residential
Subdivision:
Balboa Peninsula Residential BALP
Neighborhood:
npbalboapeninsula
Listed Date:
May 27, 2025
Finished Sq Ft:
2,482
Lot Size:
2,082 sqft / 0.05 acres (approx)
Year Built:
2022
See this Listing
Schools
School District:
Newport Mesa Unified
Interior
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Heating
Central
Laundry Features
In Closet, Washer Included
Exterior
Community Features
Curbs, Sidewalks
Parking Spots
2.00
Financial
Map
Community
- Address502 W Balboa Boulevard Newport Beach CA
- NeighborhoodNP – Balboa Peninsula
- SubdivisionBalboa Peninsula (Residential) (BALP)
- CityNewport Beach
- CountyOrange
- Zip Code92661
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 Single Family in Newport Beach as of Oct 19, 2025
161
Single Family Listed
178
Avg DOM
2,120
Avg $ / SqFt
$6,867,410
Avg List Price
Property Summary
- Located in the Balboa Peninsula (Residential) (BALP) subdivision, 502 W Balboa Boulevard Newport Beach CA is a Single Family for sale in Newport Beach, CA, 92661. It is listed for $3,925,000 and features 3 beds, 4 baths, and has approximately 2,482 square feet of living space, and was originally constructed in 2022. The current price per square foot is $1,581. The average price per square foot for Single Family listings in Newport Beach is $2,120. The average listing price for Single Family in Newport Beach is $6,867,410.
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502 W Balboa Boulevard
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