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Balboa Peninsula Point in Newport Beach - Market Update

By
Real Estate Agent with Sharon Paxson, Realtor® EQTY Forbes Global Properties 01501912

Peninsula Point in Newport Beach – Market Update

Balboa Peninsula Point

Balboa Peninsula Point in Newport Beach is a sought after community in Newport Beach. It truly represents the beach lifestyle. Balboa Peninsula Point encompasses the homes from A Street to the end of the Balboa Peninsula. There are bay front homes, interior homes and there are ocean front homes as well. Peninsula Point is a very desirable area in Newport Beach. 

Many of the homes are original, however many have also been updated. It is a beautiful community. Peninsula Point in Newport Beach is also home to the infamous “Wedge”. Located at the end of the Point, the jetty (at the entrance of Newport Harbor) is well known for the large surf that comes several times per year. The photo below was from a couple of years ago when the surf exceeded 20 feet. It can be incredibly dangerous for someone who is not experienced. When the waves are this large, visitors flock to watch, as it is truly a show! Lifeguards are out in force, and usually the news networks are documenting the waves!

wedge in Newport Beach

Balboa Peninsula Point has a community association which is voluntary to belong to. The association hosts events through out the year including an Easter egg hunt, and a Fourth of July parade.

The homes in Balboa Peninsula Point are beautiful. The architecture is diverse. Walk to the beach, ride your bike on the Peninsula, enjoy the beach lifestyle in this coveted area.

Balboa Peninsula Point

There are 24 active listings, two in back up status, and there have been 13 sales since 1.1.2010. There has been one sale on Balboa Peninsula Point, at 1536 Ocean, and it sold for $1,280,000.

Peninsula Point in Newport Beach



Search the MLS for homes for sale on the Balboa Peninsula, and Newport Beach Real Estate.
Posted by

Sharon Paxson REALTOR®
EQTY Forbes Global Properties
949.280.0681

DRE 01501912

 

 

 

 

 

 

 

 

 

 

Comments(11)

Linda K. Mayer
License # 01767321 - La Verne, CA
Realtor, SRES, SoCAL, A REALTOR YOU CAN TRUST

Someday I'm gonna have enough money to retire here!  I just love it, and lucky you who gets to work here!   :D

Feb 15, 2011 02:37 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Great overview of Balboa Peninsula, Sharon.  You have some beautiful communities there in Newport Beach

Feb 15, 2011 02:43 PM
Andrea Swiedler
Berkshire Hathaway HomeServices New England Properties - New Milford, CT
Realtor, Southern Litchfield County CT

Sharon, what a beautiful place! I was drooling over the photos, a great lifestyle for sure.

Feb 15, 2011 09:41 PM
Sharon Paxson
Sharon Paxson, Realtor® EQTY Forbes Global Properties - Newport Beach, CA
Newport Beach Real Estate

Hi Linda - thank you! Yes I feel fortunate to work in such a beautiful community.

Jane -Thank you for stopping by, and glad you like the overview.

Andrea - I am glad you like the area, it really is so beautiful.

Feb 17, 2011 01:23 PM
Harrison K. Long
HomeSmart, Evergreen Realty - Irvine, CA
REALTOR , GRI, Broker associate, Attorney

Sharon ... Excellent local market post about Balboa Peninsula Point.  It's always fun to get out there and watch big waves and body surfers.  I got knocked around pretty good by a big wave there some time ago, so I don't have enough nerve for body surfing there any longer. 

Feb 20, 2011 04:20 PM
Thom Abbott
MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living - Atlanta, GA
Midtown Atlanta GA Condos For Sale

Them waves they scare me...but the house with the Ivy...now we can talk!

What a great community! I've got lots of places to see when I make my next West Coast visit.

MyMidtownMojo

Feb 22, 2011 03:07 PM
Sharon Paxson
Sharon Paxson, Realtor® EQTY Forbes Global Properties - Newport Beach, CA
Newport Beach Real Estate

Hi Harrison - thank you and I am glad you like the market report. It is one of my most favorite areas. The waves can be amazing at the WEdge.

Feb 23, 2011 03:14 PM
Sharon Paxson
Sharon Paxson, Realtor® EQTY Forbes Global Properties - Newport Beach, CA
Newport Beach Real Estate

Hi Harrison - thank you and I am glad you like the market report. It is one of my most favorite areas. The waves can be amazing at the WEdge.

Feb 23, 2011 03:14 PM
Sharon Paxson
Sharon Paxson, Realtor® EQTY Forbes Global Properties - Newport Beach, CA
Newport Beach Real Estate

Hi Thom - the waves are incredibly scary when they are that huge. I would not go in at all. However, it is quite cool to spectate (the professionals).

Feb 23, 2011 03:15 PM
William Johnson
Retired - La Jolla, CA
Retired

Hi Sharon, I love your photos and they have improved to pro level. You have to be loving the results. The last photo would be a great magazine cover for Fine Homes in America.

Feb 23, 2011 07:00 PM
Sharon Paxson
Sharon Paxson, Realtor® EQTY Forbes Global Properties - Newport Beach, CA
Newport Beach Real Estate

Hi William - thanks - what a nice compliment coming from you!!! It is so appreciated!

Feb 24, 2011 08:27 AM