About 1509 Balboa Boulevard
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++++
Features of 1509 Balboa Boulevard
MLS® # | NP25132550 |
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Price | $8,088,000 |
Bedrooms | 6 |
Bathrooms | 6.00 |
Acres | 0.06 |
Year Built | 2025 |
Type | Residential Income |
Sub-Type | Condominium |
Style | Contemporary |
Status | Active |
Community Information
Address | 1509 Balboa Boulevard |
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Area | NP - Balboa Peninsula |
City | Newport Beach |
County | Orange |
Zip Code | 92663 |
Amenities
Amenities | Other |
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Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
Parking Spaces | 5 |
Parking | Attached Carport, Concrete, Door-Multi, Direct Access, Driveway, Garage, On Site, Off Street, Private, One Space |
# of Garages | 2 |
Garages | Attached Carport, Concrete, Door-Multi, Direct Access, Driveway, Garage, On Site, Off Street, Private, One Space |
View | Bay, City Lights, Harbor, Mountain(s), Neighborhood, Ocean, Water, Landmark, Marina |
Is Waterfront | No |
Waterfront | Across the Road from Lake/Ocean, Ocean Access, Ocean Side Of Highway |
Has Pool | No |
Pool | None |
Interior
Interior | See Remarks |
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Interior Features | Built-in Features, Balcony, Ceiling Fan(s), In-Law Floorplan, Open Floorplan, Unfurnished, Bedroom on Main Level, Main Level Primary |
Heating | Central |
Cooling | Central Air |
Has Basement | No |
Fireplace | Yes |
Fireplaces | Living Room |
# of Stories | 3 |
Stories | Three Or More |
Exterior
Exterior | Other |
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Lot Description | ZeroToOneUnitAcre, Corner Lot |
Windows | Double Pane Windows |
Roof | None |
Construction | Other |
Foundation | Slab |
Additional Information
Date Listed | May 14th, 2025 |
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Days on Market | 34 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Mark Todd |
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Office | Compass |