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$8,088,000
Listing Price6beds
--baths
1,680sqft
2,562sqft lot
1509 W Balboa Blvd, Newport Beach, CA 92663
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Full foreclosure details
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Revuelto Construction presents a luxury duplex with an ADU on a premium corner lot in the heart of Newport Beachs prestigious Balboa Peninsula. Designed by Iconic Architecture this 3,349 square foot site features two luxury condominiums and a high-end Accessory Dwelling Unit (ADU), offering a compelling blend of prime location, thoughtful design, and strong financial upside. Ideally situated with nearby access to both the Pacific Ocean and Newport Harbor, the property benefits from a high-demand coastal micro-market where homes routinely command top-tier sale prices and vacation rental rates. The development includes six bedrooms and six bathrooms across 2 units plus an ADU, each designed to maximize indoor-outdoor living. Expansive private decks, ample parking, and contemporary architecture contribute to a highly desirable end product. This opportunity is further strengthened by the rarity of corner-lot development sites on the Balboa Peninsula. Demand remains strong for Newport Beach condominiums, which consistently outperform Orange County averages in both appreciation and occupancyparticularly in the rental market. This legacy project is positioned to command a design premium, translating to elevated per-square-foot pricing. This is a unique chance to create lasting value in one of Southern Californias most sought-after coastal enclaves. n ++++New Construction Ready February 2026++++
Interior Details
1680
6
N/A
Has Heating:
No
Heating Type:
N/A
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
2562
No
No
Type:
Garage, Attached
Location:
N/A
Status:
N/A
Number of Spaces:
0
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Multifamily
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$2,615
$126,747
$51,170
--%
$177,917
2019
$2,576
$124,262
$50,167
--%
$174,429
2018
$2,530
$121,825
$49,184
--%
$171,009
2017
$2,489
$119,436
$48,220
--%
$167,656
2016
$2,440
$117,094
$47,275
--%
$164,369
2014
$2,358
$113,077
$45,653
--%
$158,730
2013
$2,333
$112,566
$45,447
--%
$158,013
2012
$2,165
$110,359
$44,556
--%
$154,915
Average Home Price in 92663
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Details for 1509 W BALBOA BLVD
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Guides for Balboa Blvd

Santa Ana’s real estate market shows substantial growth, with home values reaching $970K in June 2024, up from $799.5K in July 2023. Neighboring cities also display varied market trends. The data indicates a promising market for potential buyers and investors.





