Balboa Peninsula in Newport Beach is a beautiful area with bay front as well as ocean front homes. There are both Newport Beach condos for sale, and Newport Beach single family homes as well. The Balboa Peninsula in Newport Beach is a great place a highly sought after area to reside in Newport Beach. People live in this area for the lifestyle, as it is very easy to either walk to your destination, or to ride your bike. There is shopping and dining on the Balboa Peninsula in Newport Beach.
There is a brand new Pavillion's grocery store at 32nd Street, in Newport Beach, and several fantastic restaurants including El Ranchito, and Ho Sum Bistro just to name a few. If you are looking for more upscale dining, then you might consider Ocean Front 21 located by the Newport Beach Pier.
The Balboa Peninsula is home to the Pavillion in Newport Beach.
Currently, there are 70 active listings on the Balboa Peninsula in Newport Beach. That includes both condos and single family homes. 57 of those active listings are single family homes, and 13 are condos which are available for sale. They are all standard sales. Since July 1, 2011 there have been 15 sales on the Balboa Peninsula in Newport Beach.
The market absorption on the Balboa Peninsula is currently at 11.7 months.
There are similar priced condos and single family homes. Even though there are less condos for sale, they still compete with the similar size single family homes. Additionally, all these properties are standard sales.
Search the MLS for homes for sale on Balboa Peninsula in Newport Beach.
Originally posted at NewportBeachrealestatecafe.com
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Hi Sharon~
This feels like good news to me...especially when accompanied by your appealing photos! OH how I 'd love a walk on the beach about now =)
Hi there - thanks so much - it is a great area for sure. The inventory is pretty high however.
Sharon - Newport Beach will look really appealing to me in the coming months as the days get shorter and the weather here in Tennessee gets colder.
Sharon - Excellent real estate market report for Balboa Peninsula in Newport Beach. It's very easy to understand and follow.
Sharon,
Your pictures make me want to move now. I would love to live by the water you are so lucky!