1509 W Balboa Blvd Newport Beach, CA 92663
Central Newport Beach NeighborhoodEstimated payment $52,371/month
Total Views
59,325
6
Beds
6
Baths
3,349
Sq Ft
$2,415
Price per Sq Ft
Highlights
- Popular Property
- Marina
- Property has ocean access
- Newport Elementary School Rated A
- Ocean View
- 3-minute walk to Marina Park
About This Home
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 Agent
Compass Brokerage Phone: 949-514-0000 License #01168021 Listed on: 06/13/2025
Property Details
Home Type
- Condominium
Year Built
- Built in 2025 | Under Construction
Lot Details
- Property fronts an alley
- No Common Walls
- Northeast Facing Home
- Density is up to 1 Unit/Acre
- On-Hand Building Permits
Parking
- 2 Car Direct Access Garage
- 2 Open Parking Spaces
- 1 Attached Carport Space
- Parking Available
- Two Garage Doors
- Combination Of Materials Used In The Driveway
- Parking Lot
- Off-Street Parking
Property Views
- Ocean
- Marina
- Bay
- Harbor
- City Lights
- Views of a landmark
- Mountain
- Neighborhood
Home Design
- Contemporary Architecture
- Slab Foundation
- No Roof
Interior Spaces
- 3,349 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Double Pane Windows
- ENERGY STAR Qualified Doors
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- In-Law or Guest Suite
- 6 Bathrooms
Outdoor Features
- Spa
- Property has ocean access
- Ocean Side of Highway 1
- Balcony
Utilities
- Central Heating and Cooling System
- Phone Available
- Cable TV Available
Additional Features
- Attached Guest House
- Across the Road from Lake or Ocean
Listing and Financial Details
- Legal Lot and Block 24 / 15
- Tax Tract Number 515
- Assessor Parcel Number 04721108
- $811 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 2 Units
Recreation
- Marina
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | For Sale | $8,088,000 | +337.2% | $2,415 / Sq Ft |
| 10/18/2021 10/18/21 | Sold | $1,850,000 | +8.9% | $1,241 / Sq Ft |
| 09/22/2021 09/22/21 | Price Changed | $1,699,000 | -10.5% | $1,140 / Sq Ft |
| 07/25/2021 07/25/21 | For Sale | $1,899,000 | -- | $1,274 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
About the Listing Agent
Mark Todd built his name in Coastal Orange County the same way he built his business—quietly, steadily, and with purpose. He didn’t chase celebrity Realtor attention but chose to celebrate the real estate he represented with tasteful intelligent marketing. He showed up, he listened, and he worked until clients got the results they wanted. He treated real estate not just as a job, but as a way to shape the places people live and raise their families. Over 30 years, he earned trust through
Mark's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25132550
APN: 047-211-08
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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