$ 8,088,000
-
$8,088,000
Price -
6
Bed -
6
Bath -
3,349
SqFt
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About the Listing NP60725 - U10487,OCCOOKNIC
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++++
Listing Highlights for 1509 W Balboa Boulevard
Status
Active
Days on Site
85
Property Type
Multi-Family
MLS ®
NP25132550
Year Built
2025
Total Square Footage
3,349
Lot/Acreage
0.06
County
Orange
Interior Details
- Bedrooms: 6
- Bathrooms: 6 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces: Living Room
- Floor: See Remarks
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Balcony,Built-in Features,Ceiling Fan(s),In-Law Floorplan,Open Floorplan,Unfurnished
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,Corner Lot,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 5
- Roof: None
- Others: Guest House Attached,2+ Total Units,Has ADU
- Sewer: Public Sewer
- Parking Features: Attached Carport,Direct Garage Access,Driveway - Combination,Concrete,Garage,Garage - Two Door,Off Street,On Site,Parking Space,Private
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 04721108
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
1509 W Balboa Boulevard Newport Beach, CA 92663
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