Balboa Peninsula is a highly sought after area in Newport Beach with bay front as well as ocean front homes and condos for sale. There are both Newport Beach condos for sale, and Newport Beach single family homes as well. The Balboa Peninsula in Newport Beach is a great place to reside in Newport Beach. The residents on the Balboa Peninsula live in this area for the lifestyle, as it is very easy to either walk to your destination, or to ride your bike to your Peninsula location. Enjoy shopping and dining on the Balboa Peninsula in Newport Beach.
There is a Pavillion’s grocery store at 32nd Street, in Newport Beach, Chipotle, and some boutique shops at 32nd Street. Also there are many restaurants including El Ranchito, and Ho Sum Bistro just to name a few.
The Balboa Peninsula is home to the Pavillion in Newport Beach. It is a great place to eat dinner and watch the ever changing scenery!
Currently, there are 68 active listings (including condos and single family homes which is the same as November, 2011) on the Balboa Peninsula in Newport Beach. That includes both condos and single family homes. Only one of the active listings is a short sale – being offered for $624,000. All the others are standard sales. Since January 1, 2012 there have been 2 sales on the Balboa Peninsula in Newport Beach.
Of the property listed for sale on Balboa Peninsula and market activity for Janaury, 2012, 8 of the active 68 listings are condos, and 1 of the 2 sales on the Balboa Peninsula are condos.
68 Active listings compared to 68 in December, 2011 - the same
3 Back up listing compared to 1 in December, 2011 +2
5 Pending sales compared to 2 in December, 2011 +3
2 Sales which is the same as December, 2011
The absorption rate remains high on Balboa Peninsula in Newport Beach, where one month is generally not a trend, however the rate to absorb the inventory at the rate the homes are selling is over 18 months for a three month trend, and up from there. At the rate of two sales per month with that inventory and assuming that no other homes get added to the inventory, it will take up to 42 months to sell the current inventory of homes.
It is interesting that of this inventory on the Balboa Peninsula, only one is a distressed sale – a short sale, and all the others are equity sales. Additionally, the majority of properties for sale are single family homes versus condos.
One of the back up properties just sold on the Balboa Peninsula in Newport Beach. This spectacular condo is located at 206 1/2 Adams in Newport Beach just sold! However, there is another one at 206 Adams in Newport Beach, that is being offered at $795,000.
Search the MLS for homes for sale on the Balboa Peninsula, and condos for sale on the Balboa Peninsula in Newport Beach. Take advantage of this spectacular inventory on the Peninsula in Newport Beach.
Showing properties
1 - 34 of 34.
See more Balboa Peninsula Homes for Sale.
(all data current as of
5/19/2013)
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$3,395,000 : 2202 West Oceanfront, Newport Beach5 beds, 3 full baths
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$1,150,000 : 120 East Balboa Boulevard, Newport Beach1 bed, 1 full bath
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$3,759,000 : 1711 East Ocean Boulevard, Newport Beach4 beds, 2 full, 3 part baths
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$17,900,000 : 2210 Channel Road, Newport Beach6 beds, 4 full, 4 part baths
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$3,995,000 : 1565 East Ocean Boulevard, Newport Beach5 beds, 4 full baths
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$8,750,000 : 1700 East Oceanfront, Newport Beach3 beds, 1 full, 2 part baths
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$2,799,000 : 1111 W Balboa Boulevard, Newport Beach4 beds, 4 full baths
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$5,245,000 : 1570 East Oceanfront, Newport Beach3 beds, 2 full, 1 part baths
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$950,000 : 607 East Balboa Boulevard #A, Newport Beach2 beds, 2 full, 1 part baths
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$1,188,000 : 1817 A West Bay Avenue #3, Newport Beach2 beds, 2 full, 1 part baths
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$6,750,000 : 2242 Channel Road, Newport Beach4 beds, 3 full, 2 part baths
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$4,695,000 : 5305 Seashore Drive, Newport Beach5 beds, 4 full baths
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$4,595,000 : 1730 East Oceanfront, Newport Beach3 beds, 1 full, 1 part baths
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$4,950,000 : 1124 East Balboa, Newport Beach3 beds, 1 full, 3 part baths
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$1,799,995 : 1501 East Balboa Boulevard #1, Newport Beach5 beds, 1 full, 3 part baths
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$2,550,000 : 1738 East Ocean Boulevard, Newport Beach3 beds, 3 full baths
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$4,895,000 : 1022 East Balboa Boulevard, Newport Beach4 beds, 5 full, 1 part baths
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$1,850,000 : 2126 Miramar Drive, Newport Beach3 beds, 1 full, 2 part baths
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$1,995,000 : 1536 East Ocean Boulevard, Newport Beach4 beds, 3 full baths
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$1,850,000 : 1911 East Balboa Boulevard, Newport Beach3 beds, 3 full baths
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$6,199,000 : 1216 West Oceanfront, Newport Beach4 beds, 3 full, 1 part baths
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$1,725,000 : 1323 West Bay Avenue, Newport Beach3 beds, 2 full, 1 part baths
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$2,395,000 : 1525 OCEAN, Newport Beach3 beds, 3 full baths
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$3,495,000 : 300 Bay Avenue, Newport Beach5 beds, 3 full, 2 part baths
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$1,195,000 : 1414 E BALBOA Boulevard, Newport Beach0 beds, 1 part bath
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$3,995,000 : 1415 E BAY Avenue, Newport Beach5 beds, 2 full, 3 part baths
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$3,650,000 : 2101 SEVILLE, Newport Beach4 beds, 4 full, 1 part baths
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$1,995,000 : 310 FERNANDO Street #410, Newport Beach2 beds, 2 full baths
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$9,295,000 : 2144 East OCEANFRONT, Newport Beach3 beds, 3 full, 1 part baths
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$2,699,000 : 1910 West OCEANFRONT, Newport Beach3 beds, 1 full bath
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$11,500,000 : 1709 E Bay AVE, Newport Beach5 beds, 5 full, 2 part baths
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$9,900,000 : 1509 East BAY Avenue, Newport Beach5 beds, 4 full, 1 part baths
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$6,495,000 : 1115 East BALBOA Boulevard, Newport Beach3 beds, 4 full baths
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$7,650,000 : 1114 East BALBOA Boulevard, Newport Beach7 beds, 3 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
