Balboa Island Market Stats
Average Home Price | $5.6M |
---|---|
Lowest Priced Home | $2.6M |
Highest Listing Price | $10.8M |
Total Property Listings | 21 |
Avg. Days On Market | 71 |
Avg. Price/SQFT | $2.6K |
Property Types (active listings)
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Balboa Island is actually three separate islands joined together, and originally developed from dredged material that was deposited at the site.
Today, the island is densely populated with an array of homes displaying a quaint and eclectic mix of styles. Spanish Colonial, Cape Cod, French Second-Empire, and everything in-between crowd the streets of this unique neighborhood.
The outer perimeter of the island features a public trail, allowing residents and visitors to enjoy views of the bay in all directions.
The island also has an abundance of piers for leisure boats owned and used by residents. You can learn more about the community attractions and features of Balboa Island here.
With Balboa Island homes, enjoyment of Newport Beach's coast and waterways is right at your doorstep. One fantastic way to enjoy Balboa Island and the Newport Beach bay area is to rent a Duffy boat!
Balboa Island Real Estate
Balboa Island is very densely populated (one of the most populated communities per square mile in the country). As such, homes for sale on Balboa Island tend to be compact, situated on long lots facing onto small front gardens and walkable lanes.
Most residents of Balboa Island can go from the front door to the sidewalk in just a few steps. This makes for a wonderful community atmosphere, as the island is also imminently walkable. Cars park on the street to save space.
The front portions of Balboa Island properties usually feature small trees, quaint and well-kept patios for entertainment, overhanging windows, and awnings. The range of styles on display makes for an eye-catching mix of balconies, shutters, chimneys, towers, and window designs.
Most homes on Balboa Island fall between 2000 and 3000 square feet. However, there are some very quaint cottages below 1000 square feet, and a few spacious homes that are over 5000 square feet. Almost all properties on Balboa Island are priced at over 2 million, while the most exclusive approach the 10 million mark.
Area Attractions & Activities
Balboa Island is a popular destination for sight-seeing and recreation within Newport Harbor. The community offers many activities, charming stores, and a relaxing atmosphere to take in and enjoy.
Some popular activities on Balboa Island include:
- Stand up paddleboarding
- Sight-seeing - A perimeter path extends all the way around Balboa Island and is great for walking
- Browsing Marine Avenue - This street has lots of unique stores for snacks and gifts
- Visiting Balboa Island Museum - Learn more about this community's fascinating history
How much is the ferry to Balboa Island?
The Balboa Island ferry charges $1.25 for adult passengers and $2.25 per car. The ferry runs between Balboa Peninsula and Agate Avenue on the Southwestern corner of the island.
How do you get to Balboa Island?
Balboa Island is publicly accessible via two main routes. First, the Marine Avenue bridge off Bayside Drive at the northeast corner of the island, and second, the Balboa Island ferry which runs between Balboa Peninsula and the southwest corner of the island.
Is Balboa Island worth visiting?
Balboa Island is a great destination if you're visiting the Newport Beach and Newport Bay area. The island is home to many charming and unique stores, and a convenient footpath makes walking around the entire island easy. Visit to take in the beautiful homes and quaint, beach town atmosphere.
How far is Balboa Island from Los Angeles?
By car, Balboa Island is approximately 45 minutes (or 42 miles) away from central Los Angeles.
History of Balboa Island
Before the Balboa Island that we know today was born, the area was just a mass of damp sand within Newport Harbor.
Prior to the 20th century, the bay was used for fishing and commercial trade activities. However, as San Pedro harbor became the focus for future development, the fortunes of Newport as a center for commercial marine activity began to wane.
Because of this, much of Balboa Peninsula, and the piece of land that was to become Balboa Island, was sold in 1902 to William Collins and C.A. Hanson. Dredging activities shortly after began to use the Balboa Island area as a dumping ground for silt brought up from the harbor bottom. By the 1910s the island had truly taken shape, and plots were being sold to buyers in other parts of California.
Balboa Island was annexed to the City of Newport Beach in 1916 and some important infrastructure and utilities followed soon after. Improvements continued over the course of the 20th century, building the community up into the idyllic island town that it is today.
The community's only bar, the Village Inn, has stood for more than 80 years.
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The information being provided is for the visitor’s personal, non-commercial use and may not be used for any purpose other than to identify prospective communities visitor may be interested in obtaining general information. Any information relating to a community referenced on this web site regardless of source, including but not limited to builder tracts, architectural styles, and amenities, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
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