1509 W Balboa Boulevard, Newport Beach, CA 92663

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

Listed by Mark Todd • Compass

$8,088,000

Est. payment - /mo

3,349 SqFt

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Key Details

Property Type Multi-Family

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 3,349 sqft

Price per Sqft $2,415

MLS Listing ID CRNP25132550

HOA Y/N No

Year Built 2025

Lot Size 2,575 Sqft

Property Sub-Type OTHER

Source Datashare California Regional

Property Description

Revuelto Construction present a fully entitled, shovel-ready duplex with an ADU development opportunity on a premium corner lot in the heart of Newport Beachâ€™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

Location

State CA

County Orange

Interior

Heating Central

Cooling Central Air

Flooring See Remarks

Fireplace No

Window Features ENERGY STAR Qualified Windows

Laundry Laundry Room

Exterior

View Bay, City Lights, Marina, Mountain(s), Water, Other, Ocean

Handicap Access Other, See Remarks

Building

Lot Description Corner Lot

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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1509 W Balboa Boulevard Newport Beach, CA 92663

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Building

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