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Excellent opportunity to own a turnkey duplex on the Balboa Peninsula! Live in one and lease the other, enjoy a family compound or purchase and enjoy investment income in this vibrant district close to the historic area that has been a staple in visiting Newport. The well maintained, upgraded income property is located between the ocean and the harbor, just steps from the famed Balboa Pier, Fun Zone, boardwalk, great restaurants and the Balboa Ferry. The upper unit accommodates three generously proportioned bedrooms and two baths with a "great room" concept kitchen and living area with vaulted wood beamed ceilings, indoor laundry, large kitchen with stainless appliances, fireplace and generous patios off the family room and oversized master bedroom. The lower unit consists of four bedrooms and two baths, a spacious family room with cozy fireplace, inviting patio, French doors and direct garage access. The two car attached garage is the perfect place for bikes and boards and is equipped with washer and dryer hook-up for the lower unit. Home also comes with two carport spaces.
Listing agent: Jon Flagg DRE #01316048 jonflagg@msn.com, Listing office: Villa Real Estate
MLS data updated 11/3/2026, 9:38:09 PM PT
Source: CRMLS, MLS #: NP17161070
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 30, 2017
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92661 · Nov 2026
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.