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Newport Beach

Newport Beach Balboa Peninsula & Balboa Island Real Estate

Live listings, recent sales, and a local’s guide to Newport Beach Balboa Peninsula & Balboa Island, from the brokers who work this coast every day.

The Balboa Peninsula is the strip of Newport Beach between the Pacific Ocean and Newport Harbor, and Balboa Island sits across the harbor channel. Homes here run from beach cottages and condos to duplexes, triplexes, and oceanfront and bayfront houses, most of them a few blocks from both the sand and the harbor. The CRMLS figures on this page cover the past 12 months of sales on the peninsula and the island.

Balboa Peninsula and Balboa Island Homes for Sale

Newport Beach Balboa Peninsula & Balboa Island Home Prices

In the 12 months through Oct 27, 2026, 69 homes closed in Newport Beach Balboa Peninsula & Balboa Island at a median of $5,700,000 ($2,345 per sq ft), per CRMLS.

92Homes for sale
69Closings in 12 months
$5,700,000Median recorded closing
$2,345Median price per sq ft

Community Facts

Home types
Single-family homes, duplexes, triplexes and condos
Living area
630 to 12,749 sq ft
Lot size
1,751 to 10,752 sq ft
Year built
1912 to 2027

Figures are from CRMLS: closings are recorded sales, and asking prices are for homes listed now. Community facts are ranges across the 122 properties listed for sale now or sold in the past 12 months, per CRMLS.

Newport Beach Balboa Peninsula & Balboa Island Homes for Lease

42 homes are listed for lease in Newport Beach Balboa Peninsula & Balboa Island now, with rents shown per month. These are the 12 newest.

Balboa Peninsula and Balboa Island Real Estate

Over the 12 months to October 12, 2026, homes in the peninsula’s 92661 ZIP code spent a median 35 days on market and sold at a median 95.7% of their original list price; on Balboa Island (92662), the figures were 27 days and 96.8%.

Lots on the peninsula and the island are small by Orange County standards, and many buildings hold two or three units. A home on the oceanfront, one on the bay and one on an inside street can sit a block apart and sell very differently, so compare sales on the same kind of frontage. For the rest of the city, see Newport Beach real estate.

Newport Beach Peninsula Real Estate

Neighborhoods on the Peninsula and the Island

Lido Village sits at the base of the peninsula on the harbor side, across the water from Lido Isle. Central Newport centers on Newport Pier and McFadden Square. Balboa Village surrounds Balboa Pier, the Fun Zone and the Balboa Pavilion, built in 1906. Peninsula Point is the eastern tip, ending at the harbor jetty and the Wedge surf break.

Balboa Island lies across the channel from the Fun Zone. The Grand Canal divides it into the main island and Little Balboa Island, and a walkway runs along its bayfront.

Living on the Balboa Peninsula

Two piers anchor the peninsula: Newport Pier and Balboa Pier, which is open to the public for fishing. The Balboa Island Ferry runs from the Fun Zone across the channel, and a boardwalk runs along the beach for several miles. Shops on the harbor rent kayaks and paddleboards, and charters leave the harbor for sailing and fishing trips.

Good to Know

Frequently Asked Questions About Newport Beach Balboa Peninsula & Balboa Island

How long do homes take to sell on the Balboa Peninsula?

Over the 12 months to October 12, 2026, homes in the peninsula’s 92661 ZIP code spent a median 35 days on market and sold at a median 95.7% of their original list price. On Balboa Island (92662) the figures were 27 days and 96.8%.

What kinds of homes are on the Balboa Peninsula?

Single-family homes, duplexes, triplexes and condos, from early cottages to new construction, many on small lots a few blocks from both the ocean and the harbor.

How do you get from the peninsula to Balboa Island?

The Balboa Island Ferry crosses the channel from the Fun Zone. By car, the island is reached from Pacific Coast Highway.

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