Balboa Island in Newport Beach – Market Update
Balboa Island is a man made set of three islands that are located in Newport Beach. The three islands include – the main island, the little island and Collins Island. Collins Island has only 8 homes that are located on it and it is a gated area of Balboa Island.
The main island of Balboa Island has approximately 1450 home sites located on it. The entrance to Balboa Island is a bridge off Bayside Drive is called Marine Avenue. Marine Avenue is very unique and has boutique style shopping and dining. Many of the Balboa Island residents cruise the island in their golf carts. The streets of Balboa Island are named after semi-precious stones such as Amethyst, Crystal, Abalone and Onyx.
The other way way to arrive on Balboa Island is via the Balboa Island ferry. The Balboa Island Ferry holds three automobiles, pedestrians and bikes, and crosses from the Balboa Peninsula to Balboa Island. It is not unusual to see seals, and other sea life along the way! The Balboa Island Ferry was originated in 1909. The Balboa Island ferry is a three car ferry which transports vehicles, people and their bicycles to and from Balboa Island and the Balboa Peninsula.
Currently, there are 16 active listings on Balboa Island (including all three islands) ranging in price from $919,900 to $8,500,000. There are seven in back up, four pending, and there have been a total of 41 sales since January, 2010.
Search the MLS for Balboa Island homes for sale, and Newport Beach real estate.
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