The Balboa Island real estate market is so hot that investors are paying upwards of $2mm just to tear down the property to build their own dream home on Balboa Island. Easily the densest city in Orange County, the Balboa Island residents are close to the Balboa Island Fun Zone and the Ferry. Balboa Island is actually made up of three distinct islands; the big island, little island and Collins island. There is only one way to get the Balboa Island properties, and that is via Pacific Coast Highway One (or you can take the Ferry). The Balboa Island homes for sale range from the low $2mm to well over $7mm, and they are built very close to each other – if you are looking for a large rear yard, you would be best served by looking in other areas in the city. Many of the Balboa Island harbor view properties come with their own docks and slips which make them an extremely popular option for buyers.
If you are in the market to buy or sell a property in Balboa Island, Newport Beach, look no farther than the trusted and respected Balboa Island Realtors at BanCorp Properties. We are familiar with all of the local Balboa Island neighborhoods (and even individual properties), and we are proud to announce that we are able to sell our Balboa Island properties in significantly faster time than the Newport Beach market. BanCorp Realty has always stood for easier and faster™ (and smarter) Balboa Island real estate. To learn more about BanCorp Realty, please visit us online, or contact one of our local professionals directly at 949-632-7006.