1509 W Balboa BLD Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNP25132550
Style Contemporary,Other
Year Built 2025
Lot Size 2,575 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
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 i
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Kitchen None
Interior
Heating Central Forced Air
Cooling Central AC
Flooring Other
Laundry In Laundry Room
Exterior
Parking Features Attached Garage,Carport ,Private / Exclusive,Garage,Common Parking Area,Off-Street Parking,Other,Parking Area
Garage Spaces 5.0
Pool None,Other
View Bay,Hills,Marina,Local/Neighborhood,Ocean,Other,Water,City Lights
Building
Story Three or More Stories
Foundation Concrete Slab
Water District - Public
Architectural Style Contemporary,Other
Others
Tax ID 04721108
Special Listing Condition Not Applicable