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Rare opportunity to own a beautifully renovated duplex just four homes from the sand in South Mission Beach. Located at 723-725 Balboa Ct, this versatile coastal property offers two spacious residences, a 2-car garage, multiple outdoor areas, and an exceptional location near both the Pacific Ocean and Mission Bay. The upper residence (723) offers approximately 1,580 SF with 3 bedrooms and 2.5 baths. Vaulted ceilings and a teak spiral staircase add character, while the remodeled chef's kitchen features Thermador double ovens, a 6-burner professional cooktop, Viking refrigerator, soapstone counters, and bamboo cabinetry. Two terraces, wide-plank flooring, remodeled baths, A/C, and generous storage complete the home. The ground-floor residence (725) offers approximately 1,045 SF of single-level living with 2 bedrooms, a bonus sleeping room, 2 baths, and direct access to a spacious courtside patio. The updated kitchen, stainless appliances, newer flooring, and open living areas create an inviting beach retreat. Additional features include tankless water heaters, shared laundry, gated storage, and a 2-car garage. Ideal as a South Mission Beach investment property, vacation home, or opportunity to live in one residence while utilizing the other, this is a distinctive multi-unit property just steps from the beach, boardwalk, Mission Bay, and Belmont Park.
Listing agent: Steve Springer DRE #01733282 Steve.Springer@Compass.com, Listing office: Compass
MLS data updated 10/16/2026, 10:33:30 PM PT
Source: CRMLS, MLS #: 260023507SD
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 26, 2026
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This home · nearest recorded event
$3,075,000Original asking price · Sep 26, 2026ZIP 92109 · Sep 2026
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