1509 W Balboa Boulevard
Newport Beach, CA 92663
Map
- 5 beds
- – baths
- 3,349 sqft
- 2,575 sqft lot
- $2,415 per sqft
- 2025 build
- – on site
Revuelto Construction present a fully entitled, shovel-ready duplex with an ADU development opportunity 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 is approved for the construction of 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 approved development includes six bedrooms and six bathrooms across 2 units plus an ADU, each designed to maximize indoor-outdoor living. Expansive private decks with outdoor kitchens, ample parking, and contemporary architecture contribute to a highly desirable end product. All discretionary approvals, including coastal permits and utility connections, have been secured, allowing for immediate commencement of construction and minimizing holding costs. This opportunity is further strengthened by the rarity of corner-lot development sites on the Balboa Peninsula. Demand remains strong for Newport Beach condominiums
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jun 14, 2025
•
MLS# CRNP25132550 —
This property is listed in more than one place. See it here.
The Building
-
Year Built:2025
-
Building Area Units:Square Feet
-
Construction Materials:Other
-
Window Features:ENERGY STAR Qualified Windows
-
Accessibility Features:Other
-
Building Area Total:3349
Interior
-
Flooring:See Remarks
Room Dimensions
-
Living Area:3349
-
Living Area Units:Square Feet
Location
-
Directions:Pacific Coast Highway to Balboa Blvd (South).
The Property
-
Property Type:Residential Income
-
Property Subtype:OTHER
-
Exterior Features:Other
-
Parcel Number:04721108
-
Lot Features:Corner Lot
-
Lot Size Area:0.06
-
Lot Size Acres:0.06
-
Lot Size SqFt:2575
-
Lot Size Units:Acres
-
View:Bay
-
View:true
Listing Agent
- Contact info:
- Agent phone:
- (949) 514-0000
Taxes
-
Tax Tract:628.00
Beds
-
Bedrooms Total:5
The Listing
-
Listing Terms:Cash
-
Virtual Tour URL Unbranded:https://mls.propcards.net/propcard/1509-balboa-boulevard
Heating & Cooling
-
Heating:Central
-
Heating:true
-
Cooling:Central Air
-
Cooling:true
Appliances
-
Laundry Features:Laundry Room
The Community
-
Association:false
Parking
-
Garage:true
-
Attached Garage:false
-
Carport:false
-
Parking Total:5
-
Parking Features:Int Access From Garage
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/13/25
Jun 13, 2025
|
Listed / Active | BRIDGE | $8,088,000 | 337.2% (92.3% / YR) |
|
10/18/21
Oct 18, 2021
|
CRMLS_CA | $1,850,000 | 8.9% | |
|
9/30/21
Sep 30, 2021
|
CRMLS_CA | $1,699,000 |
