10

Balboa Island Homes for Sale

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  • /35

    $949,000

    • 4 Beds
    • 3 Baths
    • 2,157 Sq Ft

    305 Grand Canal, Newport Beach, CA 92662

    New Co-Ownership Opportunity: Own one-eighth of this turnkey home, professionally managed by Pacaso. Breezy days await you at Balboa Promenade, a beautifully designed, charming home perched along Balboa Island's main walking route. Step out on your patio for epic people-watching and enjoy an easy 1.5-mile loop around the canal, or take a Duffy for a ride out and see the iconic surf spot, The

    Maxx Rifkin Pacaso Inc.

    305 Grand Canal, Newport Beach, CA 92662
  • /27

    $3,790,000 Open Thu 11AM - 2PM

    • 3 Beds
    • 4 Baths
    • 2,226 Sq Ft

    215 Opal Ave, Newport Beach, CA 92662

    Quintessential Balboa Island Storybook Home with Separate Rear Apartment. Charming mid-Island cottage spanning over 2,200 square feet with high ceilings, stained and leaded glass windows, abundant storage, and a warm, inviting vibe. The first level features a large living room with fireplace and beamed ceilings, separate light-filled dining room, spacious kitchen with eating bar, and a private

    Don Abrams Abrams Coastal Properties

    215 Opal Ave, Newport Beach, CA 92662
  • /6

    $3,500,000

    • 5 Beds
    • 4.5 Baths
    • 2,363 Sq Ft

    216 Amethyst Ave, Newport Beach, CA 92662

    Balboa Island duplex with desirable large configuration units and enormous coveted front patio. Main house features open floor plan downstairs with centered around a beautiful stone fireplace and hardwood floors. Downstairs bedroom and 2 bathrooms on the first level. Front house has newer mini-split air conditioning units in the upstairs bedrooms. Over the garage is a spacious 1 bedroom unit with

    Lucas Kinney Balboa Island Estates

    216 Amethyst Ave, Newport Beach, CA 92662
  • /61

    $7,500,000

    • 7 Beds
    • 5 Baths
    • 2,926 Sq Ft

    302 S Bay Front, Newport Beach, CA 92662

    Amazing views from this wonderful South Bayfront Duplex on beautiful Balboa Island!!! From both units you can see up and down the Harbor from the Pavilion to the turning basin.. With in two blocks to the ferry crossing and all the restaurants offered on the peninsula not to mention the wonderful restaurants on our coveted Marine and Agate Avenues. Very walkable Island with community that is hard

    Marlys Vasterling Lora Vance, Realtor

    302 S Bay Front, Newport Beach, CA 92662
  • /34

    $3,695,000

    • 2 Beds
    • 2 Baths
    • 904 Sq Ft

    104 Onyx Ave, Newport Beach, CA 92662

    Presenting 104 Onyx, a rare and refined offering on Balboa Island that combines luxury coastal living with impressive investment performance. This elegantly remodeled home holds a coveted short-term rental permit, a highly sought after asset in the City of Newport Beach. Currently operating as a successful, fully turnkey vacation rental, 104 Onyx is generating income that exceeds Newport Beach’s

    Courtney Hackbarth Compass

    104 Onyx Ave, Newport Beach, CA 92662
  • /62

    $14,950,000

    • 3 Beds
    • 4.5 Baths
    • 2,569 Sq Ft

    304 S Bay Front, Newport Beach, CA 92662

    Stunning, State-of-the-Art Waterfront Residence with Dock, spanning over 2,600 square feet, and incomparably located on the idyllic Quiet End of Balboa Island. This pristine home is a modern masterpiece, built in 2018 as a collaboration between Chuck Van Cleve and CJ Light Associates, with no expense spared and exceptional attention to detail throughout. Exquisitely designed by DISC Interiors,

    Don Abrams Abrams Coastal Properties

    304 S Bay Front, Newport Beach, CA 92662
  • /36

    $3,685,000

    • 4 Beds
    • 4 Baths
    • 2,182 Sq Ft

    120 Coral Ave, Newport Beach, CA 92662

    Situated on the coveted 100 block of Coral Avenue on Balboa Island, just seven homes from the sand, 120 Coral Avenue presents a rare opportunity to own a versatile coastal property in one of the most desirable pockets of Newport Beach. The property features a 1,582± square-foot detached Spanish-style front residence, built in 1990, along with a 600± square-foot rear residence above the two-car

    Nikki Gwaltney Compass

    120 Coral Ave, Newport Beach, CA 92662
  • /19

    $7,500,000

    • 2 Beds
    • 2 Baths
    • 992 Sq Ft

    1207 N Bay Front, Newport Beach, CA 92662

    This iconic Balboa Island waterfront home with a private dock is one of the Island’s original residences. Cherished by this family for over 80 years, it stands as a rare and meaningful piece of local history. Originally built in 1912, the home was thoughtfully relocated to its current site and added onto in the mid 1920's. Over time, it has been expanded and refined to meet the evolving needs of

    Marlys Vasterling Lora Vance, Realtor

    1207 N Bay Front, Newport Beach, CA 92662
  • /31

    $8,995,000

    • 3 Beds
    • 4.5 Baths
    • 2,181 Sq Ft

    308 Grand Canal, Newport Beach, CA 92662

    An exquisite Balboa Island residence poised to deliver the very best of Newport Beach living. Set within the coveted "Little Island," this pristine waterfront oasis offers 30’ of frontage and a private dock accommodating a vessel up to 18’. Swoon-worthy interiors by renowned designer Michael Smith span approximately 2,181 square feet over three levels and incorporate stylish touches such as

    Tim Smith Coldwell Banker Realty

    308 Grand Canal, Newport Beach, CA 92662
  • /21

    $4,995,000 Open Sat 1PM - 4PM

    • 4 Beds
    • 5 Baths
    • 2,450 Sq Ft

    1520 Abalone Place, Newport Beach, CA 92662

    Set on a storybook corner of coveted Little Balboa Island, recently remodeled 1520 Abalone Place captures the rare magic that makes this enclave so deeply cherished. Just steps from both the shimmering bay and the heart of Balboa Island, the charming Marine Avenue, lined with darling shops, cafes and restaurants, the location is nothing short of enchanting. Reimagined from top to bottom for

    Mark Taylor Compass

    1520 Abalone Place, Newport Beach, CA 92662

Why Live in Balboa Island

Balboa Island in Newport Beach is a compact, walkable neighborhood known for its boating culture and beach access. The island features private docks and is near the Balboa Yacht Basin and Newport Beach Yacht Club. Newport Bay, to the south, offers opportunities for deep-sea fishing and diving. Public beaches encircle the island, allowing for swimming and fishing, though they are narrow and have specific hours for dogs. A ferry ride south leads to Balboa Peninsula, home to the Balboa Pier, Newport Beach Pier, and the Balboa Fun Zone, a popular carnival area. Marine Avenue, the island’s commercial hub, is lined with shops, restaurants, and two famous frozen banana stands, Dad’s and Sugar 'n Spice. The Balboa Island Museum and local boutiques add to the charm. Events like the Balboa Island Community Garage Sale and Concert in the Park bring residents together. While there are no schools on the island, Lincoln Elementary and Corona Del Mar Middle and High School, both highly rated, are about 2 miles away on the mainland. The island's homes, ranging from 1920s cottages to modern builds, feature multiple stories, large patios, and bright colors, reflecting a quintessential beach vibe. Despite the high property prices, the median sale price is lower than neighboring areas. The island is accessible via a ferry to Balboa Peninsula or a bridge to the Pacific Coast Highway, though traffic can be heavy, especially in summer.

Frequently Asked Questions

Is Balboa Island a good place to live?
Balboa Island is a good place to live. Balboa Island is considered fairly walkable and bikeable with some transit options. Balboa Island has 1 park for recreational activities. It has a median age of 60. The average household income is $180,624 which is above the national average. College graduates make up 66.1% of residents. A majority of residents in Balboa Island are home owners, with 48.4% of residents renting and 51.6% of residents owning their home. A local real estate agent serving Balboa Island can help you decide if this neighborhood is the right one for you. Learn more on our Balboa Island neighborhood guide.
Is Balboa Island, CA a safe neighborhood?
Balboa Island, CA is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Balboa Island?
The median home price in Balboa Island is $4,395,000. If you put a 20% down payment of $879,000 and had a 30-year fixed mortgage with an interest rate of 5.98%, your estimated principal and interest payment would be $21,040 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $902K a year to afford the median home price in Balboa Island. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Balboa Island is $181K.
What are the best public schools in Balboa Island?
The best public schools that serve Balboa Island are:
What are the best private schools in Balboa Island?
The best private schools that serve Balboa Island are:
What are the most popular zip codes in Balboa Island, Newport Beach, CA?
The most popular zip codes in Balboa Island, Newport Beach, CA include 92662, 92660, 92625, 92661 and 92663.
What are the most popular neighborhoods near Balboa Island, Newport Beach, CA?
The most popular neighborhoods near Balboa Island, Newport Beach, CA are Bayside, Corona Del Mar, Balboa Peninsula Point, Central Newport Beach and Bayshores.

Home Trends in Balboa Island, CA

Housing Trends

Median Sale Price
$4,350,000
Median Single Family Sale Price
$3,742,500
Median Townhouse Sale Price
$4,400,000
Average Price Per Sq Ft
$2,408
Number of Homes for Sale
10
Last 12 months Home Sales
39
Months of Supply
3.10
Median List Price
$4,395,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-2%
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