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Request a Market Snapshot of Balboa Island Real Estate
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Balboa Island, Newport Beach, California
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Can you believe that once lots sold on Balboa Island for $250.00? Now $3,000,000 is not unusual. Balboa Island is one of the most expensive real estate locations in Orange County. An 1100 sf home sells for $1,329,000, and a bayfront home for $6,000,000.
Balboa Island is a man-made Island, a sandspit that was dredged, filled, and became part of Newport Beach in 1916. The bridge from "mainland" California was built in 1912, although it did not carry automobiles until 1929. Balboa actually consists of three artificial islands in Newport Harbor: Balboa, Little Balboa (joined by a 2-land bridge), and Collins Island (joined by a 1-lane bridge). The Balboa Island community is attached to the California mainland by a short bridge, and the privately-operated 3-car ferry. One of the Island's highlights, the ferry began service in 1919 and it is still the best way to visit the island in the summer, as parking is limited. Hershey's Market is at the ferry landing, and public restrooms.
The main island and the little Island together measure about 2.60 miles. The 3-island Balboa community is a closely-knit group of professionals, families, retirees, students and celebrities. The islands are some of the most densely-populated areas in Orange County - 3,000 residents live in 0.2 square miles - a higher density than even San Francisco. The perimeter of the island along the bayfront is dotted with piers for the homeowners' boats. Marine Avenue and Agate Avenue form the commercial spine of the island. The homes are mostly cottage style, and Cape Cod but you can sometimes find expansive more contemporary homes. Considering the expensive real estate, it has managed to remain a quaint little town.
Over the years Balboa Island has become a favorite vacation spot. Tourists from all over the world come to the island and stay in one of the many vacation rentals, enjoy the summer days at the beach, and evenings at the fine restaurants.
Balboa Island is my favorite spot in Newport Beach. The weather, the views, the friendly people, and the attractive beach cottages just keep me coming back. When you are ready to consider an investment in Balboa Beach, I'm the experienced and local Newport Realtor with the knowledge to guide you through your decision.
Search the MLS for Balboa Island Real Estate - set up your private search to fit your personal needs. Be sure and request one or all of the Balboa real estate reports listed below. You'll find the information to be a valuable resource for Balboa Island relocation. Your privacy is always guaranteed. |
Balboa Island Real Estate Statistics
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Balboa Island Real Estate Sales Activity October 1, 2008 through October 31, 2008
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Homes Available |
Pending Sales |
Average List Price |
Days on Market |
Sold Homes |
Average Sold Price |
Average Days On market |
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29 |
3 |
$2,943,551 |
103 |
1 |
$1,095,000 |
41 | |
Balboa Island Real Estate Reports
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Balboa Island Comparative Real Estate Market Analysis as of 11.1.08
Active, Pending, and Sold Listings on Balboa, showing price, bed/bath, days on market and more.
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Balboa Island Neighborhood Report
Extensive report of demographics, maps, schools, housing characteristics, recent sales, houses of worship, and climate - all specific to Balboa Island
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Mary Campbell's Newport Beach Newsletter
November, 2008
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Balboa Island Comparative Real Estate Analysis for 3rd Quarter 2008
Active, Pending, and Sold Listings on Balboa, showing price, bed/bath, days on market and more.
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Balboa Island Comparative Real Estate Market Analysis as of 9.1.08
Active, Pending, and Sold Listings on Balboa, showing price, bed/bath, days on market and more.
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Balboa Island Comparative Real Estate Market Analysis as of July 23, 2008
Active, Pending, and Sold Listings on Balboa, showing price, bed/bath, days on market and more.
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Search the Balboa MLS - Set Up Your Own Personal Search
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