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For Sale|DuplexActive

520 W Balboa Boulevard, Newport Beach, CA 92661

  • 2,464 sq ft
  • Built 1976

MLS# NP26243551 · Listed Nov 13, 2026 · New Today

Subdivision Balboa Peninsula (Residential)

5 duplexes sold in the past 12 months · median $6,600,000

See homes for sale in Balboa Peninsula

The home

About 520 W Balboa Boulevard

An exceptional opportunity to own a duplex in a prime corner location on Newport Beach’s coveted Balboa Peninsula. Ideally situated approximately one block from the Pacific Ocean and public beach, as well as one block from Newport Harbor and the bay, this property places you right in the heart of the Newport Beach coastal lifestyle. Enjoy close proximity to the prestigious Newport Harbor Yacht Club and the shops, restaurants, and attractions of Balboa Village. With two spacious residences, desirable parking, and beautiful ocean views, the property presents an outstanding opportunity for an owner-user or investor alike.

The upper-level residence features 3 bedrooms, 2 bathrooms, and approximately 1,440 square feet of living space. Highlights include an open-concept floor plan, vaulted ceilings, hardwood floors, and a spacious living and dining area. The ocean-view primary bedroom and private balcony with a stone deck provide the perfect setting to take in the coastal surroundings. Additional amenities include interior laundry and a two-car garage.

The lower-level residence offers 2 bedrooms, 2 bathrooms, and approximately 1,024 square feet. This inviting unit features a fireplace, interior laundry, and a private ground-level stone patio deck, creating a wonderful extension of the living space. Parking includes a one-car garage and an additional partially covered carport space.

Whether you choose to live in one residence while generating rental income from the other, accommodate extended family, or maximize the property's investment potential, the possibilities are abundant. Ideally positioned between the ocean and the bay, and moments from some of Newport Beach’s most beloved destinations, this is a rare opportunity to experience the very best of coastal living.

Property details for 520 W Balboa Boulevard

This duplex sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 2,464 square feet of living space and is listed at $3,200,000, about $1,299 per square foot. The home was built in 1976. The MLS record lists the assessor parcel number as 048-071-14. Highlights include ocean and coastline views, a fireplace, a three-car garage, and central air.

Specifications

Home Details

General Features

Property Type
Duplex
MLS Number
NP26243551
Year Built
1976
Lot Size (sq ft)
2,800
Lot Size (acres)
0.0643
Levels
Multi Split
Garage Spaces
3
Parking Spaces
4
View
Catalina, City Lights, Coastline, Ocean, Water
Parcel Number
04807114
On Market Date
2026-11-13
Listing Terms
Standard

Interior Features

Interior Features
Ceiling Fans, Granite Counters, High Ceilings
Appliances
Disposal
Flooring
Wood
Heating
Forced Air
Cooling
Central Air
Fireplace
Living Room
Laundry
Inside
Entry Level
1
Common Walls
No Common Walls
Accessibility
Parking

Exterior Features

Roof
Flat
Construction
Stucco
Foundation
Slab
Lot Features
Rectangular Lot
Parking
On Site, Private, Garage Faces Rear, See Remarks
Fencing
Wrought Iron
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Condition
Fixer, Repairs Cosmetic
Faces
South
Units
2

Community Features

Subdivision
Balboa Peninsula (Residential) (BALP)
Community Features
Biking, Curbs, Storm Drains, Street Lights, Sidewalks, Urban, Water Sports, Fishing
Security
Carbon Monoxide Detectors, Smoke Detectors

The record

Property History for 520 W Balboa Boulevard

DateEventPriceNote
Nov 13, 2026 Listed for sale $3,200,000
Aug 10, 2015 Sold $1,900,000 Balboa Newport Realty

Cost of ownership

Estimated monthly payment

7.11% · 30-yr fixed
$
$24,387/mo
10% down · 30-year fixed · $320,000 down
Principal & interest$19,374
Mortgage insurance (est., over 80% LTV)$1,200
Property tax (est. 1.08%)$2,880
Home insurance (rough est., varies widely)$933
HOANot reported, not included
$21,034/mo
20% down · 30-year fixed · $640,000 down
Principal & interest$17,221
Property tax (est. 1.08%)$2,880
Home insurance (rough est., varies widely)$933
HOANot reported, not included
$18,882/mo
30% down · 30-year fixed · $960,000 down
Principal & interest$15,069
Property tax (est. 1.08%)$2,880
Home insurance (rough est., varies widely)$933
HOANot reported, not included
Estimated carrying cost
$3,813/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$2,880
Home insurance (rough est., varies widely)$933
HOANot reported, not included

Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.11% (week of Nov 12, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Newport Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.

Next steps

Buying 520 W Balboa Boulevard

Want to see 520 W Balboa Boulevard in person? We have guided buyers through Balboa Peninsula (Residential) and the wider Newport Beach market since 1983. Call to arrange a private tour, or send a note and we'll follow up.

Call (949) 494-8830

Selling near 520 W Balboa Boulevard

Thinking of selling nearby? We bring current Balboa Peninsula (Residential) sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

Free home valuation

The neighborhood

About Newport Beach

Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.

Balboa Peninsula (Residential) home sales, past 12 months

Homes sold
5
Median price
$6,600,000
Median days on market
31
Median per sq ft
$2,623

Recorded MLS closings of duplexes, Nov 6, 2025 to Nov 6, 2026. Days on market run from listing to going under contract.

Price per square foot against recent Balboa Peninsula (Residential) sales

This home, asking 12-month median Recent sales, listed below

At $1,299 per square foot, this home's asking price is 50% below the Balboa Peninsula (Residential) median of $2,623 for duplexes that closed in the past 12 months.

Recent Balboa Peninsula (Residential) sales

AddressClosedPriceSq ftPer sq ftDays on market
5901 Seashore Drive Jul 31, 2026 $9,500,000 3,185 $2,983 40
213 33rd Street May 28, 2026 $2,616,000 1,451 $1,803 7
1204 E Balboa Boulevard Feb 5, 2026 $6,600,000 2,516 $2,623 183
4103 Seashore Jan 8, 2026 $9,200,000 2,724 $3,377 31
4208 River Dec 16, 2025 $4,350,000 1,750 $2,486 6

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Listed by Arthur Dorr of Balboa Realty

Listing information updated Nov 13, 2026 at 4:24 PM PT. Source: CRMLS.

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