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HELLOCONDO BUYER'S BRIEF

Condos in Balboa Peninsula Newport Beach, CA

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What to know

  • The largest demographic on Balboa Peninsula consists of individuals aged 50 to 54 who earn up to $159,067.
  • This reflects a mature demographic with a solid earning potential.

Market Overview

AVG. DAYS ON MARKET
79
Trending Down36.24% year over year
AVG. SOLD PRICE
$1,945,625
Trending Down17.69% year over year

Living in Balboa Peninsula, CA

Balboa Peninsula, a picturesque coastal destination in Newport Beach, is celebrated for its stunning beaches and vibrant boardwalk atmosphere. The area offers a delightful mix of quaint shops, family-friendly restaurants, and outdoor activities, including water sports and biking. Residents and visitors enjoy easy access to scenic waterfront parks and a historic pier. Transportation is convenient, with local bus services and a ferry connecting to nearby destinations, making it an ideal spot for those seeking both relaxation and adventure in the sun.

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What to know about life in Balboa Peninsula :

  • The neighborhood boasts a variety of health care services, ensuring residents have access to essential medical care.
  • For dining and drinking, residents can choose from a diverse array of restaurants and cafes, offering both local and international cuisines.
  • Shopping options abound, with numerous retailers and essential services, including banks and automotive services, providing convenient access to daily needs.

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Frequently Asked Questions

What is it like to live in Balboa Peninsula, Newport Beach, CA?

Living in Balboa Peninsula offers a coastal lifestyle with access to beautiful beaches, recreational activities, and a vibrant community atmosphere. The area is known for its residential charm, beachfront properties, and proximity to local shops and restaurants.

Is Balboa Peninsula, Newport Beach, CA expensive?

Balboa Peninsula is known for its high cost of living, with real estate prices significantly above the national average. Properties range from upscale beach homes to luxury waterfront condos, making it one of the pricier areas in Newport Beach.

What is the weather of Balboa Peninsula, Newport Beach, CA?

Balboa Peninsula experiences a Mediterranean climate characterized by mild, wet winters and warm, dry summers. Average temperatures range from the mid-50s°F (13°C) in winter to the mid-70s°F (24°C) in summer, with coastal fog common in the mornings during the summer months.

How safe is Balboa Peninsula, Newport Beach, CA?

Balboa Peninsula is considered a relatively safe area, with crime rates lower than the national average. The community benefits from a strong local police presence and a family-friendly atmosphere, contributing to a sense of security for residents and visitors alike.