Balboa Island Homes for Sale & Real Estate Listings

The average cost of homes on Balboa Island varies depending on location, size, and amenities. As of 2024, prices generally range from $2 million to $10 million or more for waterfront properties. Non-waterfront homes may be priced slightly lower but still command premium values due to the island's desirability.

Balboa Island offers a mix of home styles, including charming beach cottages, modern luxury homes, duplexes, and condos. Most properties feature open floor plans, updated finishes, and outdoor living spaces. Waterfront homes often include private docks and breathtaking harbor views.

Balboa Island does not have a formal homeowners' association (HOA) for the majority of its homes, meaning no mandatory HOA fees. However, homeowners may contribute voluntarily to community improvement projects or maintenance of shared spaces.

Many Balboa Island homes boast high-end amenities like gourmet kitchens, spacious patios, rooftop decks, and custom interiors. Waterfront properties typically include private docks or slips for boats. The community itself offers close proximity to beaches, boutique shops, dining options, and scenic walking paths along the bayfront.

Yes, Balboa Island is known for being family-friendly, with safe streets, excellent schools, and plenty of activities for children. Families can enjoy nearby parks, playgrounds, water sports, and events such as the Balboa Island Parade and Holiday Boat Parade.

Homes on Balboa Island are considered an excellent investment due to the area’s prime location, strong real estate market, and high demand. Properties here often appreciate in value and can generate substantial income as vacation rentals.

Balboa Island is easily accessible by car via the Marine Avenue Bridge or by the iconic Balboa Island Ferry, which connects the island to the Balboa Peninsula. The ferry offers scenic rides and is a popular tourist attraction.

Yes, many homeowners choose to rent their properties as short-term or long-term rentals. However, it’s essential to check local regulations and obtain necessary permits for vacation rentals, as rules may vary.

Residents enjoy easy access to attractions like the Balboa Fun Zone, Newport Beach Pier, Fashion Island shopping center, and the pristine beaches of the Pacific Ocean. The island is also a hub for water activities, including paddleboarding, kayaking, and sailing.

Many homes on Balboa Island are pet-friendly, and the community is welcoming to pets. The island features pet-friendly walking paths and even shops catering to pet needs. Be sure to confirm individual property rules regarding pets when purchasing a home.