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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1509 Balboa Boulevard, Newport Beach – $8,088,000

  • 6 Beds
  • 6 Baths
  • .06 Acres
  • 58 DOM
  • 6 Beds
  • 6 Baths
  • .06 Acres
  • 58 DOM

1509 Balboa Boulevard

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++++

Essential Information

  • MLS® #NP25132550
  • Price$8,088,000
  • Bedrooms6
  • Bathrooms6.00
  • Acres0.06
  • Year Built2025
  • TypeResidential Income
  • Sub-TypeCondominium
  • StyleContemporary
  • StatusActive

Community Information

  • Address1509 Balboa Boulevard
  • AreaNP - Balboa Peninsula
  • CityNewport Beach
  • CountyOrange
  • Zip Code92663

Amenities

  • AmenitiesOther
  • Parking Spaces5
  • # of Garages2
  • PoolNone

Utilities

Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Parking

Attached Carport, Concrete, Door-Multi, Direct Access, Driveway, Garage, On Site, Off Street, Private, One Space

Garages

Attached Carport, Concrete, Door-Multi, Direct Access, Driveway, Garage, On Site, Off Street, Private, One Space

View

Bay, City Lights, Harbor, Mountain(s), Neighborhood, Ocean, Water, Landmark, Marina

Waterfront

Across the Road from Lake/Ocean, Ocean Access, Ocean Side Of Highway

Interior

  • InteriorSee Remarks
  • HeatingCentral
  • CoolingCentral Air
  • FireplaceYes
  • FireplacesLiving Room
  • # of Stories3
  • StoriesThree Or More

Interior Features

Built-in Features, Balcony, Ceiling Fan(s), In-Law Floorplan, Open Floorplan, Unfurnished, Bedroom on Main Level, Main Level Primary

Exterior

  • ExteriorOther
  • Lot DescriptionZeroToOneUnitAcre, Corner Lot
  • WindowsDouble Pane Windows
  • RoofNone
  • ConstructionOther
  • FoundationSlab

Additional Information

  • Date ListedMay 14th, 2025
  • Days on Market58

Listing Details

  • AgentMark Todd
  • OfficeCompass
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Mark Todd, Compass.

Based on information from California Regional Multiple Listing Service, Inc. as of August 10th, 2025 at 11:15am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.