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Balboa Island Homes for Sale

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  • /42

    $6,395,000

    • 3 Beds
    • 3.5 Baths
    • 2,321 Sq Ft

    118 Sapphire Ave, Newport Beach, CA 92662

    Spectacular custom home in the highly desirable 100 block of Sapphire, offering an incredible combination of indoor/outdoor living, Bay views, and generous entertaining spaces across three levels. An elevated front patio with views toward the Bay opens to an expansive great room with fireplace and beautiful built-in shelving, dining area, and a stunning chef’s kitchen with large island, bar

    Ryan Gunderson Arbor Real Estate

    118 Sapphire Ave, Newport Beach, CA 92662
  • /48

    $13,995,000

    New Construction
    • 3 Beds
    • 4.5 Baths
    • 2,389 Sq Ft

    1105 N Bay Front, Newport Beach, CA 92662

    A rare opportunity to own a newly constructed custom bayfront residence on prestigious Balboa Island. Designed by Ian Harrison and expertly built by Waterpointe Custom Homes, 1105 N. Bayfront sets a new benchmark for sophisticated waterfront living. Showcasing 30 feet of prime bay frontage and approximately 2,389 square feet of meticulously curated interiors, this newly completed architectural

    Tim Carr Pacific Sotheby's Int'l Realty

    1105 N Bay Front, Newport Beach, CA 92662
  • /42

    $7,950,000

    $300K PRICE DROP
    • 4 Beds
    • 4.5 Baths
    • 2,312 Sq Ft

    225 Diamond Ave, Newport Beach, CA 92662

    Brand new construction on Balboa Island crowned by a stunning rooftop entertaining level that spans the full length of the home. Offering over 1,200 square feet of additional outdoor living, the covered rooftop lounge showcases vaulted beamed ceilings, a wet bar with sink and beverage refrigeration, a built in TV, and a full bath, all opening to expansive view decks at both ends with panoramic

    Jamie McKinnon Plus Real Estate

    225 Diamond Ave, Newport Beach, CA 92662
  • /10

    $2,999,000

    • 3 Beds
    • 1.5 Baths
    • 936 Sq Ft

    226 Opal Ave, Newport Beach, CA 92662

    Built by the original owner this property is coming to market for the first time. From the heart of Balboa Island is a charming two story cottage wrapped in classic light blue with crisp white trim. The enormous ground level patio offers substantial space and privacy. The property is situated on the junction of the alley corner for Opal and Collins in close proximity to N Bay Front which offers

    Lucas Kinney Balboa Island Estates

    226 Opal Ave, Newport Beach, CA 92662
  • /50

    $10,995,000

    New Construction
    • 4 Beds
    • 6 Baths
    • 2,501 Sq Ft

    113 Grand Canal, Newport Beach, CA 92662

    Set along one of Balboa Island's most coveted stretches of waterfront, this newly completed Grand Canal residence is defined by an unwavering commitment to craftsmanship. Every finish was selected with intention, and every material was thoughtfully carried throughout. From the principal living spaces to the mechanical room, the same level of precision is evident at every turn. Walls of

    Casey Lesher Christie's International R.E. Southern California

    113 Grand Canal, Newport Beach, CA 92662
  • /26

    $5,995,000

    • 4 Beds
    • 4.5 Baths
    • 2,972 Sq Ft

    221 Abalone Ave, Newport Beach, CA 92662

    Little Balboa Island doesn't often offer a home rebuilt this completely. 221 Abalone is the exception. Behind its approximately 2,972 square feet lies a residence reborn: over 1,800 SF of entirely new construction, with the balance of the home stripped to bare framing, inside and out, and reconstructed from the ground up. Every system — plumbing, electrical, HVAC, fire suppression, and an

    Brian Davis Douglas Elliman of California Inc.

    221 Abalone Ave, Newport Beach, CA 92662
  • /38

    $4,895,000

    • 4 Beds
    • 5 Baths
    • 2,410 Sq Ft

    1520 Abalone Place, Newport Beach, CA 92662

    Situated on a picturesque corner lot in the highly coveted Little Balboa Island, this beautifully remodeled residence offers the perfect blend of luxury, flexibility, and effortless coastal living. Just steps from the bay and a short stroll to the charming shops, restaurants, and cafés along Marine Avenue, the location embodies the very best of the Balboa Island lifestyle. Spanning more than

    Heather Kidder Pacific Sotheby's Int'l Realty

    1520 Abalone Place, Newport Beach, CA 92662
  • /26

    $8,750,000

    • 3 Beds
    • 5 Baths
    • 2,429 Sq Ft

    300 S Bay Front, Newport Beach, CA 92662

    Experience the rare privilege of waterfront living on world-famous Newport Harbor, home to more than 10,000 yachts and recreational vessels, spectacular sunsets, and year-round coastal weather. Ideally positioned on the coveted west end of South Bayfront on Balboa Island, 300 South Bayfront offers an extraordinary lifestyle with panoramic harbor views and an unmatched connection to the bay. This

    Marlys Vasterling Lora Vance, Realtor

    300 S Bay Front, Newport Beach, CA 92662
  • /30

    $9,495,000

    • 4 Beds
    • 4 Baths
    • 2,003 Sq Ft

    1407 N Bay Front, Newport Beach, CA 92662

    Life on Newport Harbor begins here, where timeless coastal charm meets coveted bay front living. Set on a rare oversized bayfront lot—approximately one and a half standard lots—on Balboa Island, this property offers 45 feet of frontage, a private pier and dock with room for multiple boats with easy nautical access to the harbor entrance, and ultraconvenient on-and-off-island access. It is an

    Tim Smith Coldwell Banker Realty

    1407 N Bay Front, Newport Beach, CA 92662
  • /27

    $925,000

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

    305 Grand Canal Unit 8, Newport Beach, CA 92662

    New Co-Ownership Opportunity: Own one-eighth of this turnkey home, professionally managed by Pacaso. Balboa Promenade sits along Grand Canal on Balboa Island's main walking route, a two-story stone and stucco home with a French-inspired character that stands apart on this stretch of Newport Harbor. The cobblestone courtyard, terracotta tile roof, black lanterns and mature olive tree give the

    Maxx Rifkin Pacaso Inc.

    305 Grand Canal Unit 8, Newport Beach, CA 92662
  • /50

    $8,999,000

    $500K PRICE DROP
    • 5 Beds
    • 5.5 Baths
    • 2,909 Sq Ft

    1011 N Bay Front, Newport Beach, CA 92662

    Located on the prestigious bayfront of Balboa Island, 1011 N Bayfront presents a rare opportunity to own a premier waterfront property with direct beach access and panoramic harbor views.Positioned on a coveted corner lot, this exceptional residence captures abundant natural light and delivers unobstructed water views from both the front and rear units. Currently configured as a duplex

    Lucas Kinney Balboa Island Estates

    1011 N Bay Front, Newport Beach, CA 92662
  • /38

    $3,195,000

    • 3 Beds
    • 4 Baths
    • 3,026 Sq Ft

    122 Agate Ave, Newport Beach, CA 92662

    Outstanding Balboa Island Commercial and Residential Mixed-Use building, centrally located near the Ferry, Balboa Pavilion, shopping, and restaurants. At 3,026 square feet, this is one of the largest buildings on the Island on a standard 30 x 85-foot lot. The lower-level commercial space has previously been leased as a dentist's office but would be ideal for a wide variety of retail or

    Don Abrams Abrams Coastal Properties

    122 Agate Ave, Newport Beach, CA 92662
  • /85

    $3,699,000

    • 2 Beds
    • 2 Baths
    • 904 Sq Ft

    104 Onyx Ave, Newport Beach, CA 92662

    Imagine a Charming remodeled cottage nestled on Balboa Island, just steps from the serene bay of Newport Beach. This delightful 2-bedroom, 2-bath unit offers a perfect blend of coastal charm and modern elegance.Showcasing a Stylish Renovation, The cottage consist of a Lower Unit and a Penthouse, both have been thoughtfully updated with high-end finishes while retaining its quaint character. Both

    Lucas Coronel Hacienda Agency, Inc.

    104 Onyx Ave, 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.

Balboa Island, Newport Beach, CA Home Prices vs. Nearby Neighborhoods

Balboa Island Central Newport Beach Corona Del Mar West Newport Beach
Median Home Price
$4,497,500
$5,795,000
$4,495,000
$3,824,500
Median Sale Price
$3,793,000
-14% YoY
$5,770,000
+41% YoY
$3,150,000
+30% YoY
$3,303,250
-15% YoY
Median Single Family Price
$3,520,000
$6,207,500
$5,710,000
$3,250,000
Median Townhouse Price
$4,895,000
$3,999,800
$3,250,000
$4,225,000
Median Condo Price
--
$3,000,000
$2,861,000
$3,256,500
Total Active Listings
13 listings
20 listings
69 listings
28 listings
Market Conditions
3 Months of Supply
Seller's Market
8 Months of Supply
Buyer's Market
4 Months of Supply
Seller's Market
5 Months of Supply
Balanced Market

Frequently Asked Questions

Is Balboa Island a good place to live?
Balboa Island is a good place to live. Balboa Island is considered somewhat walkable and very bikeable with minimal 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% of residents renting and 52% 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.
How much do you need to make to afford a house in Balboa Island?
The median home price in Balboa Island is $4,497,500. If you put a 20% down payment of $899,500 and had a 30-year fixed mortgage with an interest rate of 6.76%, your estimated principal and interest payment would be $23,360 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $1M 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.
Are home prices dropping in Balboa Island?
Yes, home prices in Balboa Island are down 3% in the last 12 months.
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