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$3,995,000
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Property Description
Listen to the waves crash from your bedroom in this rare to the market beach-close duplex located just one home from the sand, offering an exceptional opportunity for owner occupants, investors, those looking for a vacation house, or those seeking a coastal retreat with income potential. This fully upgraded property features two separate well maintained residences. First a charming front cottage with 2 bedrooms and 1 bathroom. The second unit is an fully upgraded owners home containing 3 bedrooms and 2 bathrooms, complete with New LVP luxury flooring downstairs, new white oak flooring upstairs, the upstairs bathroom is brand new, and the entire property is newly painted. A one-car garage provides convenient parking and storage and a second uncovered parking spot is available in the rear of the property. Both units will rent for top dollar, or keep one for your own use and rent the other for some extra income. These features make 1527 W. Balboa truly one to see!
The home is in one of the most desirable locations on the Peninsula, walk west and you are on the beach, walk east and you will find Newport Bay. Also directly across the street you'll find the marina and Marina Park (perfect for young families), complete with the lighthouse restaurant and its iconic lighthouse, creating picturesque bay views from the property. Enjoy an unbeatable location where both the beach and bay are just steps away, with endless opportunities for boating, paddle boarding, dining, and the quintessential Newport Beach lifestyle.
Full Property Details
Full Property Details for 1527 W Balboa
General
- Price: $3,995,000
- Status: Active
- Type: Duplex
- Source: MRMLS
- MLS ID: LG26177551
- Updated: 9/28/2026
- Days on Market: 46 days
- Added to Site: 46 day(s) ago
Interior
- Rooms/Areas: Primary Bedroom, Entry, Laundry, Living Room, Family Room, Primary Bathroom
- Interior Features: Crown Molding, High Ceilings, Ceiling Fan(s), Recessed Lighting, Granite Counters
- Fireplace(s): None
- Eating Areas: Breakfast Counter/Bar, Dining Room
- Appliances: Gas Cooktop, Microwave, Refrigerator, Self Cleaning Oven, Gas Range, Gas Oven
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside, Gas & Electric Dryer Hookup, Washer Hookup, Washer Included, Dryer Included
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Front Porch, Concrete, Open Patio, Stone, Patio, Slab, Rear Porch
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking: Garage, Concrete, Paved, Garage (Single Door), Other, Garage Faces Rear, Garage Door Opener, Uncovered
Location
- County: Orange
- Subdivision: Other (OTHR)
- Driving Directions: 15th X Balboa
School Information
- School District: Newport Mesa Unified
- Elementary School: NEWPOR
- Middle School: ENSIGN
- High School: NEWHAR
Community
- Community Features: Gutters, Curbs, Watersports, Fishing, Street Lights, Storm Drains, Sidewalks
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Cottage
- Structure Type: Duplex
- Construction: Concrete
- Foundation: Slab
- Roof: Composition
- Common Walls: No Common Walls
- Windows: Drapes, Custom Covering, Blinds
- Disability Access: Doors - Swing In, Entry Slope Less than 1 in 12
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,000
- Sq. Ft. Source: Estimated
- Year Built: 1946
- Year Built Source: Assessor
- Property Condition: Turnkey, Updated/Remodeled
Unit Information
- Units in Complex: 1
Lot Features
- Property View: Ocean, Bay, City Lights, Marina, Park/Greenbelt, Water, Panoramic
- Lot Size (Acres): 0.0588
- Lot Size (Sq. Ft.): 2,561
- Lot Size Source: Assessor
- Lot Dimensions: 103 x 25
- Zoning: r2
- Lot Description: 0-1 Unit/Acre
- Fencing (Description): Block, Wood, Average Condition
Financial Considerations
- Price Per Sq. Ft.: $1,997.5
Disclosures and Reports
- Special Conditions: Standard
- Inclusions: Appliances
Listed by First Team Real Estate, Sean Jarne
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Schools
Schools serving 1527 W Balboa
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
Newport Elementary School 1327 West Balboa Boulevard, Newport Beach, CA 92661 | K-6 | 0.2 mi |
Horace Ensign Intermediate School 2000 Cliff Drive, Newport Beach, CA 92663 | 7-8 | 0.9 mi |
Newport Harbor High School 600 Irvine Avenue, Newport Beach, CA 92663 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1527 W Balboa
Date
Details
Price
Change
Source
8/13/2026
Listed
$3,995,000
123.68%
MLS
11/10/2005
Sold
$1,786,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1527 W Balboa
Year
Property Taxes
Change
Tax Assessment
Change
2025
$26,132
—
$2,489,531
2%
2025
$26,132
2%
$2,440,717
2%
2024
$25,720
11%
$2,392,860
16%
2023
$23,099
1%
$2,070,396
2%
2022
$22,895
1%
$2,029,800
2%
2021
$22,756
11%
$1,990,000
12%
2020
$20,432
1%
$1,774,800
2%
2019
$20,172
8%
$1,740,000
9%
2018
$18,741
15%
$1,600,000
17%
2017
$16,360
—
$1,372,000
—
2016
$16,327
-1%
$1,372,000
—
2015
$16,410
16%
$1,372,000
17%
2014
$14,204
9%
$1,170,000
10%
2013
$13,046
—
$1,065,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1527 W Balboa
1527 W Balboa, Newport Beach, CA 92663 (MLS# LG26177551) is a Duplex property with 5 bedrooms and 3 full bathrooms. 1527 W Balboa is currently listed for $3,995,000 and was received on August 13, 2026. Want to learn more about 1527 W Balboa? Do you have questions about finding other Duplex real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.

