$27,995,000
1324 E Balboa Boulevard
Courtesy of Coldwell Banker Realty

Communities · Newport Beach
A grounded look at Peninsula Point, the quiet single-family tip of the Balboa Peninsula past the Pavilion, framed by the Wedge, the harbor entrance channel, and its own village feel.
Direct answer
Peninsula Point is the residential tip of the Balboa Peninsula in Newport Beach, Orange County, past the Balboa Pavilion, a mostly single-family enclave framed by the Wedge, the harbor entrance channel, and the open ocean.
Last updated 2026-07-07 · Status: published
Market snapshot
Median sale price
$6,275,000
Closed, last 6 months
Median days on market
34
List to close, sold
Active listings
9
Currently on market
Median price / sq ft
$2,757
Closed sales
Homes sold (6 mo)
14
Closed, trailing 6 months
Sale-to-list ratio
98.0%
Median close vs list
Months of supply
4 mo
Inventory vs absorption
Median list price
$6,995,000
Active inventory
Live Peninsula Point statistics from the California Regional MLS (CRMLS) via CoreLogic Trestle, refreshed automatically and deemed reliable but not guaranteed. For a precise, address-level read, ask Craig and Justin.
On the market
$27,995,000
1324 E Balboa Boulevard
Courtesy of Coldwell Banker Realty
$21,500,000
2258 Channel Road
Courtesy of Coldwell Banker Realty
$13,500,000
1554 E Oceanfront
Courtesy of Compass
$8,349,000
1717 E Ocean Boulevard
Courtesy of Coldwell Banker Realty
$6,995,000
1508 E Balboa Boulevard
Courtesy of Douglas Elliman of California
$6,895,000
503 L Street
Courtesy of Pacific Sotheby's Int'l Realty
Recent proof
$11,700,000
1411 E Bay
Courtesy of Coldwell Banker Realty
$4,300,000
2117 Miramar Drive
Courtesy of Coldwell Banker Realty
$4,500,000
2029 Miramar Drive
Courtesy of Coldwell Banker Realty
$19,000,000
1519 E Bay
Courtesy of Coldwell Banker Realty
$24,500,000
1510 E Oceanfront
Courtesy of Coldwell Banker Realty
$27,500,000
1740 E Oceanfront
Courtesy of Cefalia Real Estate
Listing data is provided courtesy of the California Regional Multiple Listing Service (CRMLS) via CoreLogic Trestle and is deemed reliable but not guaranteed. Properties may be listed by brokerages other than Ratowsky Group at Compass; each listing is attributed to its listing office. Information is for consumers’ personal, non-commercial use. © 2026 CRMLS. Equal Housing Opportunity.
Location
Channel Rd & E Balboa Blvd, Newport Beach, CA
Schools
Public schools here fall under the Newport-Mesa Unified School District; assignments run by address, so confirm the current attendance boundary for a specific home.
Elementary (K-5)
Assigned by address within Newport-Mesa Unified · Newport-Mesa Unified School District
Middle (6-8)
Assigned by address within Newport-Mesa Unified · Newport-Mesa Unified School District
High (9-12)
Newport Harbor High School · Newport-Mesa Unified School District
School assignments change and run by address. Confirm the current attendance area for any specific property with the district before you rely on it.
Peninsula Point is the residential tip of the Balboa Peninsula, past the Balboa Pavilion and the Fun Zone, near Channel Road and East Balboa Boulevard. It's quieter and more residential than the busier stretch of the Peninsula to the north, with a mostly single-family character and an informal village feel.
The Point is framed by water on multiple sides: the harbor entrance channel, the bay, and the open ocean, with the Wedge, a well-known bodysurfing spot, at its outer edge. That setting at the very end of the Peninsula is what gives Peninsula Point its contained, tucked-away character.
Peninsula Point leans single-family, which sets it apart from the duplex-heavy stretches of the Peninsula. The mix runs from older beach homes to substantial rebuilds, with bayfront and oceanfront lots on the perimeter and interior lots on the grid inside.
Waterfront positions, whether on the bay with a dock or facing the ocean, are the marquee lots, while the interior offers a quieter setting a row or two back from the water. As always, position defines the property, so pin down exactly where a home sits before comparing it to anything else.
Waterfront position drives the range. Bayfront lots with usable docks and oceanfront lots sit at the top, and value steps down through the interior. The single-family character and the quieter setting at the tip of the Peninsula are part of what buyers weigh here.
With a limited number of homes and position mattering so much, published averages tell you little. Current comparable sales, read against the specific lot and any dock, are the better guide. For where a Peninsula Point address sits today, a direct conversation with comps in hand is the way to go.
The Point sits at the end of the Peninsula, so getting there means driving the length of Balboa Boulevard past the Pavilion. That distance from the main entrance is part of why it stays quiet, with little through-traffic reaching the tip.
Once there, it's a short walk to the ocean beaches, the Wedge, and the bay. Summer still brings beach visitors to the Peninsula generally, and parking tightens in the warm months, but the residential streets of the Point itself carry far less traffic than the stretch near the piers.
For a bayfront home, confirm dock permits, slip dimensions, tidelands or pier permit status, and bulkhead condition. For an oceanfront or beach-adjacent home, understand flood zone designation and get a written insurance quote early. The harbor entrance channel and the ocean both shape the waterfront picture at the tip.
Waterfront work or a rebuild can involve coastal review, so ask about permitting before you plan a project. Craig and Justin Ratowsky walk buyers through these questions before an offer so the picture is clear well before escrow.
Ratowsky Group brings 58 years of combined, third-generation California real estate experience to coastal Orange County, with roots that go back to 1977. At the tip of the Peninsula, where a bayfront lot with a dock and a quieter interior home can sit within a block of each other, that history helps a buyer or seller read what a specific position is really worth.
The approach stays the same: understand the waterfront, understand the property, and understand the market before making a move. For pricing, timing, or negotiation on a Peninsula Point home, a direct conversation lets the specifics drive the plan.
Frequently asked
Sources & local citations
Qualitative claims framed as agent insight reflect Ratowsky Group’s direct experience working this market and are not represented as third-party verified data.
Adjacent communities
Balboa Peninsula
A grounded look at the Balboa Peninsula, three miles of beach town between Newport Harbor and the open Pacific, with the piers, the Fun Zone, and oceanfront and bayfront rows.
Balboa Island
A grounded look at Balboa Island, the walkable Newport Harbor grid of cottages and rebuilt bayfronts around Marine Avenue, with the diligence that shapes a purchase here.
Lido Isle
A grounded look at Lido Isle, the Mediterranean-styled island community in Newport Harbor, ringed by private beaches and docks and governed by the Lido Isle Community Association.
Local brief
If you're weighing a purchase or sale in Peninsula Point or elsewhere in Newport Beach, Craig and Justin Ratowsky are happy to walk through the waterfront questions, the dock diligence, and the market with you. No pressure, just useful information to help you build the right game plan. Reach Justin at 714-336-5682 or justin.ratowsky@compass.com.