$4,400,000

Discover this exceptional opportunity on Newport Beach’s Balboa Peninsula with this oversized Oceanaire duplex, offering both flexibility and strong rental income potential. Situated on the ocean side of Balboa Boulevard and just 200 feet from the sand, this property embodies the essence of coastal living with effortless beach access. Set on a generous 3,000+ sq. ft. lot—larger than most in the area, this duplex provides added space and versatility, a true rarity on the Peninsula. Each unit has been thoughtfully upgraded with luxury vinyl flooring and stainless-steel appliances, blending modern convenience with beachside charm. The lower unit is a welcoming 2-bedroom, 2-bath retreat, featuring a spacious ground-floor patio—perfect for entertaining or enjoying a classic beachside BBQ. Upstairs, the 3-bedroom, 2-bath unit offers an airy and open layout, complemented by expansive front and rooftop decks. The second-story front deck along 44th Street presents stunning ocean views, creating an ideal setting for outdoor dining and sunset relaxation. The rooftop deck, accessible from the primary bedroom, provides a private escape with refreshing sea breezes and panoramic views. Adding to its appeal, the property includes a two-car garage plus two additional open carport spaces near Seashore Drive—an invaluable asset on the Peninsula, ensuring ample parking and storage for beach gear. Whether you’re searching for a primary residence, a vacation getaway, or a high-demand rental property, this oversized and upgraded coastal duplex offers both charm and investment potential in one of Southern California’s most coveted beachfront communities. With the pristine beaches of Newport just steps away, the ultimate coastal lifestyle awaits.