Balboa Island Real Estate - Newport Beach, CA
Island Charm – Personality Plus
The starting point for many luxury restaurants and quick food shops, the exclusive Balboa Island homes for sale are found along a 2.5 stretch, with the Newport Lido Chanel Isle on one side and pristine Newport Beach Beaches known by locals as “the Peninsula” on the other. The idyllic Balboa Island view properties are close to the original Crab Cooker and Old Spaghetti Factory, and a panoramic vista of coastline, boogie boarders, surfers, and sun bathers traversing for miles. A quick jaunt down Main Street brings people face-to-face with the historic Balboa Pavilion. The prominent Balboa Island residential market is a breeding ground for authentic live music, making it a nightlife haven for both tourists and Balboa Island residents alike. Local Balboa Island Realtors say that Whale watching aficionados can observe these beautiful mammals front and center. A stopover in the Balboa Island community of Newport Beach would not be complete without a tour of the Balboa Fun Zone, where the Ferris Wheel has stood tall for over 75 years.
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Description of the Balboa Island Community:
With a population density that works out to over 17,000 people per square mile (higher than San Francisco), a trifling over 3,000 ocean view properties in Balboa Island are found on less than a quarter square mile of prime Balboa Island coastal real estate. Apart from Lower Manhattan (New York), the tantalizing Balboa Island high-end residential market is one of the most expensive real estate markets in the United States – Handily Orange County’s densest community. Pint-sized but renowned, the luxuriant Balboa Island custom homes for sale are on petite lots, typically 30 feet x 80 feet, but they pack a persuasive punch relative to custom amenities and affluent appurtenances, and the old adage of location, location, location, was never more practical than in the Balboa Island housing market of Newport Beach.
Relevant enough to command its own Zip Code – 92662, sublime Balboa Island traditional real estate is so valuable that buyers are paying upwards of $2mm for a highly-desirable waterfront property on Balboa Island just so they can tear it down to build their own exquisite Balboa Island single-family residence. Balboa Island Real Estate Agents say that there is a plethora of slips and piers along the bay-front of the island for the owners to dock their yachts.
The people who own classy Balboa Island secured real estate already know that they own some of the most coveted real estate in all of Newport Beach. The majestic Balboa Island luxury homes for sale are located in an private community located in the city of Newport Beach, CA. The neighborhood is affluent, the residents are laid-back and the dramatic harbor-view properties in Balboa Island are charming. Life is good for people who are searching in the Balboa Island neighborhoods and subdivisions, where the water is warm, the neighbors are amicable and the sophisticated Balboa Island upscale real estate market flourishes with the lion's share of the well-appointed bay-front properties on Balboa Island located on the waterfront. There are numerous types of distinct architecture located on Balboa Island. Georgian Colonial Revival elements can be found in a majority of the beautiful Balboa Island contemporary homes for sale, as well as impressive modern themes which makes the gorgeous Balboa Island custom-coastal housing market popular for the home buyers who are considering calling Newport Beach home.
Balboa Island, which is situated on Newport Bay just north of the Balboa Peninsula consists of three islands; The Big Island, Little Island and Collins Island. There are over 1,400 lovely Balboa Island home sites here and the beautiful thing is that many of them are waterfront. The intoxicating Balboa Island Newport Beach real estate market is a great place to live if you like recreation and rustic activities, spending time with friends and family. There is so much to do here, you will never find a dull moment – even when you are relaxing. There are boat shows to watch, festivals to attend and parties to go to. In fact this is all part of the engaging daily life that a home buyer would expect in the Balboa Island community. What are some of the other reasons that the distinctive white-water view properties on Balboa Island are so beloved by buyers seeking to buy a home in Newport Beach? Picturesque beauty for one: the majority of the two-story homes get a tremendous vista of the Pacific Ocean along with the elegant Balboa Island upgraded home that comes along with it! It’s also simple to get in and out of Balboa Island, you can go by land or ferry - go by car via Jamboree or Pacific Coast Highway or take the car ferry located near the Balboa fun zone.
The Balboa Island community of Newport Beach in South Orange County has a history dating back to the late 1800’s revolving around land speculation and dance halls. A quiet and solitude place to live a gentleman name W.S. Collins who had made a name for himself in the transportation industry bought a chunk of land (about 1000 acres) in the area surrounding Newport Bay. That was so far back in Orange County history that it was mostly just orange groves. Collins ended up dredging the harbor and created the man-made Balboa Island, which now is home to modern-day, Balboa Island community of Newport Beach.
The original Balboa Pavilion was built in 1905 and the Balboa Pier was built in 1906 as its companion. Once these were in place Balboa Island land speculators wanted to attracted buyers to the undeveloped real estate on Balboa Island and Balboa Peninsula, so when the Pacific Electric Railway opened up service to the island, the pier and Pavilion were built as destinations for visitors, and the plan worked so well that people came from all over Southern California to buy the new impeccable Balboa Island, CA homes for sale in Newport Beach.
The Christmas Boat Parade was originally called the Illuminated Boat Parade, and this started in 1913. It is still one of the grand festivals of the year. Multitudes of boats traverse through the harbor with lights and ornaments during the Christmas Boat Parade views by thousands. In 1916, eye-catching Balboa Island SOC real estate was officially incorporated into the City of Newport Beach. The Balboa Island Ferry begin offering crossing for a nickel per person back In 1919 and in 1936 the Balboa Fun Zone was created on the boardwalk along with the Ferris Wheel, with it beautiful vistas of the harbor and Pacific Ocean. Today the Balboa Fun Zone has great food, amusing entertainment and other wonderful shopping.
The tasteful Balboa Island seaside properties are prominent for its distinguished real estate and for the handsome Balboa Island custom-built homes, it is also known its waterfront boardwalk and the lively rides and games found at the Balboa Pavilion. You can unwind on sandy beaches or savor fishing at the Balboa Pier, there is always something fun to do on Balboa Island. Newport is an awesome places to live. Anybody can be drawn to these amazing settings. A person can enjoy the tranquility of living adjacent to the beach, and at the same time be right in the center of the vitality. This kind of way of life is superb for people with contrasting inclinations and tastes.
Newport Beach is where over nine unique ‘villages’ fuse together each with their own rare attributes. With unspoiled beaches, upscale shopping, excellent culinary choices and water sports the sumptuous Balboa Island Orange County housing market is conceiving a better way of living in Newport Beach. The stylish Catalina Island view properties in Balboa Island are found just north of Crystal Cove State Beach, which is just below The Resort at Pelican Hill. The Westcliff neighborhood is a community rich in active outdoor adventures, and at the Back Bay area of Newport Beach you will find amazing aquatic activities – from kayaking to stand-up paddle-boarding – for nature lovers and outdoors zealots.
There are many cultural and culinary offerings at Fashion Island/Newport Center, you will also find first-rate shopping at nearby South Coast Plaza and Irvine Spectrum – John Wayne Airport is also just a short commute away. The Corona Del Mar State Beach features surf, cliffs, a jetty, and a variety of activity from surfing and skim boarding to volleyball, and at Balboa Village you can rent powerboats, electric boats, sailboats and kayaks. The Balboa Peninsula is recognized for being a regional destination, and the enchanting Balboa Island Newport Beach homes for sale are found on an area where they know “The Peninsula” as a three-mile-long stretch with the harbor on one side and broad, sandy California beaches on the other. Magnetic Balboa Island real estate benefits from being close to Cannery Village which also hosts the Newport Beach Film Festival.
Newport Beach is home to Lexus Newport to Ensenada Yacht Race, Restaurant Week, and Newport Beach Independence Day. With the largest recreational harbor on the west coast, Newport Beach activities are abundant. Whale watching is favorite pastime for locals and must-do for visitors, and both Newport Landing and Davey’s Locker offer daily guided whale watching tours. The best spots to catch a sunset are Lookout Point Park and Inspiration Point. The breathtaking Balboa Island seaside homes for sale are found in what is recognized as one of the surfing capitals of the world, and at the cape of Balboa Peninsula Point you will find the Wedge and its famous beach-breaks that are so prevalent during a southern-swell. The intimate Balboa Island condos are close to three Newport Beach golf courses; The Pelican Hill Golf Club, The Back Bay Golf Course, and the Newport Beach Golf Course.
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Balboa Island Housing Market Statistics:
Real Estate Statistics: Owned 50% Rented 38%, Vacant Homes: 5,351, Average Age of Homes: 29 years.
Zip Codes Balboa Island: 92662.
Balboa Island Demographics Data: Single 47% Married 53%.
Balboa Island Average Household Income: $113,404, Average Age: 35.
About Balboa Island Weather: The average high temperature in July is 72 degrees, with an average low temperature in January of 46.9 degrees. The average rainfall is approximately 11.3 inches per year with 0 inches of snow.
Based on information from California Regional Multiple Listing Service, Inc. as of June 25th, 2017 at 7:00pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.