Balboa Peninsula (NP) Homes with Two Levels Stories

Welcome to Balboa Peninsula, a stunning gem nestled in the heart of Newport Beach, California. This vibrant coastal community is renowned for its picturesque beaches, charming boardwalk, and laid-back atmosphere, making it a coveted destination for both residents and vacationers alike. With the Pacific Ocean as your backdrop, Balboa Peninsula offers an idyllic lifestyle characterized by sun-soaked days, breathtaking sunsets, and a plethora of outdoor activities.

The area is a delightful blend of classic beach cottages and modern residences, with many homes featuring two-level stories that maximize both space and views. These multi-level homes are perfect for families or those who enjoy entertaining, providing ample room for gatherings while ensuring everyone has their own personal space. Imagine waking up to the sound of waves crashing and enjoying your morning coffee on a private balcony, or hosting friends in a spacious living area that seamlessly flows into an outdoor patio.

Beyond the stunning homes, Balboa Peninsula boasts an array of attractions. Take a leisurely stroll along the iconic boardwalk, indulge in delicious dining options, or explore the local shops that line the streets. For the adventurous spirit, water sports, biking, and beach volleyball are just steps away from your front door.

Whether you’re seeking a permanent residence or a vacation retreat, Balboa Peninsula offers a unique lifestyle that blends coastal charm with modern conveniences. Discover your dream home in this captivating community, where every day feels like a vacation!

Newest Balboa Peninsula (NP) Homes with Two Levels Stories

$5,995,000

4 Beds ⋅ 3 Baths ⋅ NP26228979 MLS ⋅ Active Status

Welcome home to Belvue Lane, one of the most beloved walk streets on Balboa Peninsula Point, where neighbors stroll to the sand and the day moves at a gentler pace. Set on an approximately 4,000 sq ft lot, larger than most on the Peninsula, this 4-bedroom, 3-bath home greets you with a front lawn and a den or office at the entry, the perfect spot to watch the lane go by. The living, dining, and kitchen flow together, with a cozy fireplace in the family room and a kitchen finished with granite counters and a proper dining room just beside it. Step out to the private brick courtyard for barbecues, long dinners, and ocean breezes. Upstairs, you can find all four bedrooms, including a sun-filled primary suite with a spacious en suite bath and its own deck. A two-car attached garage holds the boards and bikes, and the sand and bay are just steps away.

418 Belvue Lane, Newport Beach

$3,925,000

4 Beds ⋅ 2 Baths ⋅ NP26205386 MLS ⋅ Active Status

Great opportunity to build your custom Beach House on quiet Miramar Ave. Close to the famous Newport beach "Wedge". Property sold "as is". Sellers makes no warranties expressed or implied. Sellers to make no repairs whatsoever. Value is in the land. Available to show on 10/27/26. Open house on 10/30/26. 11am to 2pm. Seller will be reviewing offers on 10/31/26.

2155 Miramar, Newport Beach

$5,200,000

5 Beds ⋅ 4 Baths ⋅ OC26222185 MLS ⋅ Active Under Contract Status

An incredible opportunity to own a Newport Beach oceanfront property at an exceptional price! Offered at $5,200,000, this is the best-priced oceanfront property currently on the market. Situated directly on the sand, this versatile property features five bedrooms, four bathrooms, and approximately 2,108 square feet of living space across two separate levels. The upper residence offers three bedrooms, two bathrooms, and approximately 1,200 square feet, with breathtaking panoramic ocean views that capture the beauty of Newport Beach’s coastline. The lower residence features two bedrooms, two bathrooms, and approximately 908 square feet, providing additional space and flexibility for family, guests, or rental opportunities. Whether you choose to enjoy the entire property, live in one residence while renting the other, or create a coastal getaway for extended family and friends, the possibilities are endless. A standout feature is the exceptionally rare four-car garage, an incredible luxury along the oceanfront where parking is at a premium. Wake up to the sound of crashing waves, enjoy spectacular sunsets, and experience the best of beachfront living with the sand just steps from your door. With its flexible floor plan, panoramic ocean views, rare four-car garage, and unbeatable price, 412 E Oceanfront presents an extraordinary opportunity to own a piece of Newport Beach’s coveted coastline.

412 E Oceanfront, Newport Beach

$4,050,000

LG26212290 MLS ⋅ Active Status

**Investment Property Opportunity with Value-Added Potential** This property is currently appraised at $4,050,000 (MAI Appraisal). As a short-term rental, the estimated value increases to $4,555,000. Additionally, the large lot has the potential for constructing an Accessory Dwelling Unit (ADU) in the back, which could push the total value of the property to well over $6,000,000. You won’t find other properties on the Peninsula that offer this type of opportunity. This rare investment is just steps from the beach, located in one of Newport Beach’s most desirable coastal communities. It features a two-car garage and offers peak ocean views from the balcony. The property is conveniently situated just a quick drive from all that Orange County has to offer, including: - Pelican Hill Golf and Resort (10 minutes) - John Wayne Airport (10 minutes) - Angel Stadium & Honda Center (15 minutes) - Disneyland (20 minutes) - Knotts Berry Farm (20 minutes) - Laguna Beach (15 minutes) - Huntington Beach Pier (5 minutes) - Newport Harbor Fun Zone (3 minutes) - Fashion Island (5 minutes) - Segerstrom Hall & South Coast Plaza (15 minutes) Furthermore, this property presents an excellent opportunity for use as a primary residence. The upstairs can serve as a living space while the lower unit can be rented out as an income-producing property. Both units are currently rented on a month-to-month basis. Please contact the agent for showings.

4802 Neptune Ave, Newport Beach

$6,250,000

4 Beds ⋅ 4 Baths ⋅ NP26210684 MLS ⋅ Active Status

Rich in authentic coastal character, this exceptional newly rebuilt four-bedroom, three-and-one-half-bath Peninsula Point residence offers a sophisticated interpretation of the classic Newport Beach cottage. Timeless architecture and beautifully considered interiors are elevated by bespoke craftsmanship, fine European fixtures and finishes, and a warm, layered palette of natural materials. Beyond its classic shingled façade and welcoming Dutch door, the interiors unfold with an understated sense of luxury. European oak floors flow throughout, complemented by extensive custom cabinetry and millwork and a curated collection of designer lighting. Generous windows and doors invite abundant natural light, while European limestone, handmade tile-work, honed marble, soapstone, and polished nickel fixtures lend depth, texture, and an artisanal quality to the home. A reclaimed brick fireplace, framed by custom cabinetry and built-in bookcases, gives the great room its distinctive sense of warmth and character. Expansive sliding doors open to the front terrace overlooking the park, where a fire pit creates an inviting outdoor gathering space and a natural extension of the interiors. At the heart of the home, the spacious kitchen is both beautifully appointed and highly functional, with custom cabinetry, a walk-in pantry, honed stone surfaces, an Italian-made ILVE range, and premier Sub-Zero, Wolf, and Cove appliances. A dedicated bar with beverage center complements the entertaining spaces, while the dining room is distinguished by a custom built-in hutch crafted as an integral part of the home’s millwork. The thoughtfully conceived four-bedroom plan includes a primary suite, junior primary suite, and two additional guest bedrooms. The primary offers a serene retreat with a spa-like bath featuring a steam shower, heated floors, European limestone, handcrafted tile, and polished nickel Waterworks fixtures. A second-floor deck provides another inviting outdoor setting for enjoying the coastal surroundings. A large two-car garage and full-size carport provide exceptional parking for the neighborhood, while a vintage-inspired outdoor beach shower awaits sandy feet after a day at the beach. Refined yet relaxed, 1517 Miramar captures the enduring appeal of Peninsula Point—the warmth and authenticity of a quintessential Newport Beach cottage, elevated by exceptional craftsmanship, sophisticated materials, and an effortless connection to its coastal setting.

1517 Miramar Drive, Newport Beach

$3,395,000

4 Beds ⋅ 2 Baths ⋅ 26991455 MLS ⋅ Active Status

RARE BALBOA PENINSULA OPPORTUNITY - Discover the quintessential Newport Beach lifestyle at 211 Cypress, a beautifully updated coastal duplex ideally positioned in the heart of the Balboa Peninsula. Just moments from the beach, bay, Balboa Fun Zone, dining, entertainment, and waterfront recreation, this versatile property offers an exceptional blend of lifestyle, income, and future potential. The property features two thoughtfully updated 2-bedroom, 1-bath residences totaling approximately 1,896 square feet on an approximately 3,049 square foot lot. The lower residence is currently leased until May 2027 at $4,200 per month and upper residence is currently on a 12 month lease expiring September 2027 at $4,695 per month, providing immediate rental income. Great for an owner-user, second-home retreat, or investor seeking additional rental income. Both residences have been tastefully upgraded with remodeled kitchens and bathrooms, central air fan, new appliances, wine refrigerators, and modern finishes throughout. Outdoor spaces are equally inviting, featuring upgraded paver hardscape, privacy fencing, a fire pit lounge, and areas designed for relaxed coastal entertaining. Beyond its immediate appeal, 211 Cypress offers exciting future value-add possibilities. Whether you're looking for a primary residence, beach getaway, owner-user investment, or a property with long-term upside, 211 Cypress offers a rare opportunity to own in one of Newport Beach's most sought-after coastal communities. From here, enjoy easy access to the Newport Harbor Yacht Club, Balboa Fun Zone, Balboa Pier, Pavilion, Davy's Locker sport fishing, waterfront dining, boating, shopping, and endless beach days all just moments from your doorstep. Property lot size will support construction of a new building or expansion up to 4,200 ft. Buyer to independently verify square footage, zoning, development potential, short-term rental regulations, and all future use possibilities with the City of Newport Beach and appropriate professionals.

211 Cypress Street, Newport Beach

$5,695,000

4 Beds ⋅ 4 Baths ⋅ OC26207974 MLS ⋅ Active Status

**Maximize your portfolio with this rare turnkey four-unit offering in coveted Peninsula Point, just moments from both the beach and bay.** 1609 E Balboa Blvd presents a meticulously maintained and extensively upgraded property in one of Newport Beach’s most desirable coastal enclaves, generating $186,120 in annual gross scheduled income. The property features four one-bedroom, one-bathroom residences, offering an exceptional combination of investment potential, quality, and quintessential Newport Beach lifestyle. Three units were fully remodeled in 2021, while the lower unit underwent a complete renovation in 2025 with the level of quality and finish found in a newly built luxury Newport Beach home. Designed with the owner in mind, Unit D features high-end finishes throughout, a split-system AC, and a floor plan that can easily be converted to a two-bedroom configuration—an especially appealing option for an owner-user seeking a refined coastal residence. The building is exceptionally turnkey and thoughtfully maintained, with substantial upgrades throughout. Two sets of stackable washers and dryers serve the property, and upgraded tankless water heaters were installed in 2022. Each unit has separate electricity and gas, while the owner pays for water and trash, as well as common-area laundry expenses. Three units each include an attached one-car garage, providing highly coveted off-street parking and additional storage. A charming shared front patio with seating and BBQ creates an inviting outdoor gathering space and extends the living experience beyond the individual residences. The location is truly exceptional—within easy walking distance of the beach, bay, restaurants, boutiques, schools, and the world-famous Wedge Beach. Enjoy morning walks along the sand, afternoons on the bay, or the vibrant dining and coastal lifestyle that makes the Balboa Peninsula so sought-after. Peninsula Point is celebrated for its iconic community traditions, including the Christmas Boat Parade and Fourth of July festivities, as well as its proximity to the private Bay Beach and tennis club. Rarely does a property offer this combination of four turnkey residences, owner-quality renovation, parking, outdoor space, and an irreplaceable coastal location. 1609 E Balboa Blvd is a distinctive Newport Beach offering with the flexibility to enjoy as an investment, personal retreat, or both—a truly special opportunity in one of the coast’s most prized neighborhoods.

1609 E Balboa Boulevard, Newport Beach

$5,695,000

OC26199394 MLS ⋅ Active Status

**Maximize your portfolio with this rare turnkey A+ four-unit offering in coveted Peninsula Point, just moments from both the beach and bay.** 1609 E Balboa Blvd presents a meticulously maintained and extensively upgraded property in one of Newport Beach’s most desirable coastal enclaves. The property features four one-bedroom, one-bathroom residences, offering an exceptional combination of investment potential, quality, and quintessential Newport Beach lifestyle. Three units were fully remodeled in 2021, while the lower unit underwent a complete renovation in 2025 with the level of quality and finish found in a newly built luxury Newport Beach home. Designed with the owner in mind, Unit D features high-end finishes throughout, a split-system AC, and a floor plan that can easily be converted to a two-bedroom configuration—an especially appealing option for an owner-user seeking a refined coastal residence. The building is exceptionally turnkey and thoughtfully maintained, with substantial upgrades throughout. Two sets of stackable washers and dryers serve the property, and upgraded tankless water heaters were installed in 2022. Each unit has separate electricity and gas, while the owner pays for water and trash, as well as common-area laundry expenses. Three units each include an attached one-car garage, providing highly coveted off-street parking and additional storage. A charming shared front patio with seating and BBQ creates an inviting outdoor gathering space and extends the living experience beyond the individual residences. The location is truly exceptional—within easy walking distance of the beach, bay, restaurants, boutiques, schools and the world-famous Wedge Beach. Enjoy morning walks along the sand, afternoons on the bay, or the vibrant dining and coastal lifestyle that makes the Balboa Peninsula so sought-after. Peninsula Point is celebrated for its iconic community traditions, including the Christmas Boat Parade and Fourth of July festivities, as well as its proximity to the private Bay Beach and tennis club. Rarely does a property offer this combination of four turnkey residences, owner-quality renovation, parking, outdoor space, and an irreplaceable coastal location. 1609 E Balboa Blvd is a distinctive Newport Beach offering with the flexibility to enjoy as an investment, personal retreat, or both—a truly special opportunity in one of the coast’s most prized neighborhoods.

1609 E Balboa Boulevard, Newport Beach

$4,599,000

NP26196683 MLS ⋅ Active Status

Rare opportunity to own a four-unit investment property on an oversized corner lot on the ocean side of Balboa Blvd, directly across from Marina Park and just steps from the beach and surfing at The Point. Ideally positioned near Newport Pier, this exceptional Peninsula location puts the ocean, bay, boardwalk, dining, and entertainment all within easy reach. The property features a spacious 4-bedroom, 2-bathroom unit with an active Short-Term Rental (STR) permit, offering valuable vacation rental income potential in one of Newport Beach’s most desirable coastal destinations. The remaining three units are each 2 bedrooms and 1 bathroom and are operated as long-term rentals, providing an attractive combination of short-term and stable long-term rental income. Adding to the property’s appeal, each of the four units has its own private garage—a rare and highly desirable amenity on the Balboa Peninsula. The oversized corner lot further distinguishes the property, providing excellent presence and a setting that is increasingly difficult to find in this coveted beach community. With Marina Park directly across the street, surfing at The Point just steps away, Newport Pier nearby, and both the ocean and bay at your doorstep, 1733 W Balboa Blvd presents a unique opportunity to acquire a four-unit Newport Beach investment combining location, income versatility, parking, and the quintessential Peninsula lifestyle.

1733 W Balboa Boulevard, Newport Beach

$9,995,000

5 Beds ⋅ 4 Baths ⋅ OC26192516 MLS ⋅ Active Status

BAYFRONT NEWPORT BEACH PROPERTY WITH PREMIUM DOCKAGE AND PANORAMIC NEWPORT HARBOR VIEWS. 1444 W Bay Avenue offers a rare combination of 55’ and 42’+ dockage, direct bayfront positioning, expansive harbor views, an elevator, seven total parking spaces, and a coveted corner-lot setting on the Balboa Peninsula. The 3,742-square-foot, two-story residence features five bedrooms and four bathrooms, with a flexible layout for enjoying the home as it is or remodeling over time. Remodeled in 1991, the residence features expansive windows, balconies, and outdoor spaces that maximize the waterfront setting, with panoramic Newport Harbor views and the bay serving as a backdrop throughout the property. The main level features a formal entry, spacious living areas, dining room, kitchen, and direct access to the bayfront patio and dockage. An entertainer’s delight, the property offers generous gathering spaces, seamless indoor-outdoor living, expansive waterfront patio space, and direct access to Newport Harbor. The substantial dockage creates an exceptional setting for boating and enjoying the Newport Beach waterfront lifestyle, with three separate entrances providing convenient access throughout the property. Upstairs, all five bedrooms are complemented by additional living space, including a loft and wet bar opening to a patio overlooking Balboa Boulevard with a glimpse of the ocean, along with balconies overlooking Newport Harbor. High ceilings, a living room fireplace, interior laundry, and abundant storage further enhance the home’s substantial footprint and functionality. A three-car attached garage and seven total parking spaces provide exceptional capacity for a Newport Beach bayfront property. With premium dockage, direct harbor access, panoramic Newport Harbor views, ocean-view elements, a corner-lot setting, exceptional entertaining spaces, and rare parking capacity, 1444 W Bay Avenue presents a distinctive opportunity to create a custom waterfront residence on the Balboa Peninsula.

1444 W Bay, Newport Beach

$7,495,000

3 Beds ⋅ 3 Baths ⋅ NP26175284 MLS ⋅ Active Under Contract Status

This ultimate beach house is located on the highly coveted Newport Beach peninsula, with charming interior architecture set against a stunning backdrop of fabulous panoramic ocean, Catalina and sunset views. This front row property is an ideal primary residence or vacation home with an extra large patio on the boardwalk. Ready to enjoy and recently updated throughout, the main level features a spacious living room with high ceilings, beautiful brick gas fireplace, elevated dining room, newly remodeled kitchen and full bath. Extra-large primary bedroom with cozy gas fireplace, window seat and corner balcony offer spectacular ocean views at every turn. The ensuite primary bath has dual sinks, freestanding soaking tub and walk-in shower. Two bright guest bedrooms, central guest bath and two additional bonus rooms - ideal for office, exercise room and/or guest spaces, complete the second level. An attached two car garage offers a large mezzanine storage space. Current short-term rental permit for the home is transferable to the new owner. Close to shops, local dining, the Balboa Ferry, great local schools and recreational opportunities make this the perfect home throughout the year. The adjacent buildable lot located directly behind the home and is available for purchase separately.

920 E Oceanfront, Newport Beach

$8,495,000

4 Beds ⋅ 6 Baths ⋅ NP26175847 MLS ⋅ Active Status

In one of Peninsula Point’s discreet and quiet pockets, this residence reflects an architectural vision shaped by natural materials, balanced proportions, and a coastal modern design. The interiors unfold with a calm, intentional rhythm with limewashed walls, wide plank hardwood flooring, custom walnut millwork, and curated stone selections creating a warm, tactile foundation throughout. In the main living room, a backlit Crystallo stone fireplace becomes a sculptural highlight, softened by walnut paneling and glass elements. The dining room extends this material language with a large, elegant setting defined by a built in buffet and illuminated display cabinetry – a seamless transition to the kitchen. The kitchen features walnut cabinetry, honed Arabescato Gold marble, and a suite of premium appliances from Gaggenau, Sub Zero, Miele, and Wolf. An adjoining pantry provides generous storage and prep space while preserving the kitchen’s clean, uninterrupted aesthetic. Upstairs, a secondary living and bar lounge offers an intimate setting for gatherings, complete with custom walnut cabinetry and Sub Zero wine and beverage refrigeration. Four bedroom suites each feature thoughtfully appointed baths with natural stone, custom vanities, and premium fixtures. The primary suite is a refined retreat featuring a Crystallo stone fireplace, white oak detailing, private viewing balcony, custom walk-in closet, and a spa-inspired bath finished in White Rhino and Thassos marble. The rooftop deck is designed for year-round enjoyment, equipped with a full Thor outdoor kitchen supplying a pizza oven, grill, sink, and refrigeration, alongside a gas firepit, integrated JBL speakers, and irrigated planters. A fully integrated smart-home system with Lutron RA3 keypads and a two-car garage further support an effortless coastal lifestyle. Just one block from the water, the residence offers effortless access to the beach, bay, and the understated coastal energy of Balboa Peninsula Point. Seller financing available.

503 J, Newport Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.

Balboa Peninsula (NP) Homes with Two Levels Stories

Newest Balboa Peninsula (NP) Homes with Two Levels Stories

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