Listen to the waves crash from your bedroom in this rare to the market beach-close duplex located just one home from the sand, offering an exceptional opportunity for owner occupants, investors, those looking for a vacation house, or those seeking a coastal retreat with income potential. This fully upgraded property features two separate well maintained residences. First a charming front cottage with 2 bedrooms and 1 bathroom. The second unit is an fully upgraded owners home containing 3 bedrooms and 2 bathrooms, complete with New LVP luxury flooring downstairs, new white oak flooring upstairs, the upstairs bathroom is brand new, and the entire property is newly painted. A one-car garage provides convenient parking and storage and a second uncovered parking spot is available in the rear of the property. Both units will rent for top dollar, or keep one for your own use and rent the other for some extra income. These features make 1527 W. Balboa truly one to see! The home is in one of the most desirable locations on the Peninsula, walk west and you are on the beach, walk east and you will find Newport Bay. Also directly across the street you'll find the marina and Marina Park (perfect for young families), complete with the lighthouse restaurant and its iconic lighthouse, creating picturesque bay views from the property. Enjoy an unbeatable location where both the beach and bay are just steps away, with endless opportunities for boating, paddle boarding, dining, and the quintessential Newport Beach lifestyle.
| MLS # | LG26177551 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 93 |
| Listing Provided By | First Team Real Estate | Sean Jarne |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,000 |
| Garage | 1 |
| Story(s) | 2 |
| Units | 2 |
| Zoning | r2 |
| Acreage | 0.06 |
| Water Front | Yes |
| Property View | Yes |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Breakfast Bar, Ceiling Fans, Crown Molding, Separate Formal Dining Room, Granite Counters, High Ceilings, Recessed Lighting |
| Window Features | Blinds, Custom Coverings, Drapes |
| Appliances | Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Dryer, Washer |
| Fireplace Yes / No | No |
| Exterior Features | Barbecue |
|---|---|
| Roof | Composition |
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Construction Materials | Concrete |
| Foundation Details | Slab |
| Lot Features | Zero To One Unit Acre |
| Fencing | Average Condition, Block, Wood |
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Concrete, Door Single, Garage, Garage Door Opener, Other, Paved, Garage Faces Rear, Uncovered |
| Garage Yes / No | Yes |
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Volts220In Garage |
| Sewer | Public Sewer |
| Community Features | Curbs, Fishing, Gutters, Storm Drains, Street Lights, Sidewalks, Water Sports |
|---|
| State | CA |
|---|---|
| County | Orange |
| City | Newport Beach |
| Zip Code | 92663 |
| Area | NP Balboa Peninsula |
| Listing VS Median (in 92663) | |
Price: $3,995,000 low | high Med: $1,425,000 sqft: 2,000 low | high Med: 2,978 $ / sqft: $1,998 low | high Med: $479 On site: 93 low | high Med: 40 | |
| State | CA |
|---|---|
| County | Orange |
| City | Newport Beach |
| Zip Code | 92663 |
| Area | NP Balboa Peninsula |
| Listing VS Median (in 92663) | |
Price: $3,995,000 low | high Med: $1,425,000 sqft: 2,000 low | high Med: 2,978 $ / sqft: $1,998 low | high Med: $479 On site: 93 low | high Med: 40 | |
![]() | $3,995,0001527 W BalboaNewport Beach, CA 92663 |