FEATURES & LIFESTYLE:
Balboa Peninsula is home to some of the most iconic Newport Beach California real estate and housing available. This neighborhood includes shops, cafes, hotels and churches and many styles of modeled and new architecture– duplexes, condominiums, and townhomes…from beachfront homes to bayfront estates. 36th Street Park is well known for its basketball court and lively weekend scrimmages as well as its pirate-themed children’s playground. Nearby is the Newport Harbor Nautical Museum and the infamous Balboa Fun Zone with arcades and a ferris wheel. At 10th Street there is a public beach on the bay.
James McFadden received title to the Peninsula in 1892 from 40th to 9th Street. His purchase was one dollar per acre as government swamp and overflow land. Town site was laid out near the wharf where lots were leased by the year.
In 1902, William Collins bought 981 acres from McFadden and put the price for oceanfront property between $150 and $300 a lot. In 1906, Pacific Electric Railway became influential in spreading the sandpit (Peninsula) fame as a summer recreation center and vacation retreat.
Those whom bought property encouraged friends to settle nearby, and to those early settlers, many still represented by third and fourth generations, the Peninsula was and is Newport Beach.
McFadden Wharf and Newport Pier area is designated one of California’s historical landmarls. The Dory Fishermen have been supplying fresh fish for sale in an open-air market for nearly 100 years.
Students attend Newport Elementary School on 13th Street – this is one of two schools in the country that can boast a location on the beach – Estancia Intermediate and Newport Harbor High School.
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Balboa Peninsula - Market Stats
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