page_title: Balboa Island, Newport Beach
section_title: 21st century
hierarchical_section_title: Balboa Island, Newport Beach / 21st century
caption_attribution_description: English: Balboa Island Newport Beach California by D Ramey Logan
context_page_description: Balboa Island is a harborside community located in Newport Beach, California, accessible to the public via bridge, ferry and several public docks. The community is surrounded by a paved concrete boardwalk open to pedestrian traffic, designated as a public walking trail by the city.
  Balboa Island's Marine Avenue is home to local small businesses including restaurants, bakeries and local crafts. The island also has a fire station and a post office.
context_section_description: Balboa Island celebrated its centennial in 2016 with a parade.
  According to the 2000 US Census, Balboa Island was one of the densest communities in Orange County.  Approximately 3,000 residents live on just 0.2 square miles (0.52 km²) giving it a population density of 17,621 person per square mile—higher than that of San Francisco.  Despite having some of the country's most expensive homes, most of the dwellings are on small lots.  A lot size on Balboa Island is 30 feet x 85 feet.  In 2008 teardowns on interior lots of that size were going for $2,000,000.  As times change some of the lots are being cobbled together into 1.5 or 2.0 sized lots for larger homes.
  The perimeter of the island along the Bayfront is dotted with piers for the homeowners' boats.  Marine Avenue and Agate Avenue form the commercial spine of the island.
  Balboa Island has several associations. The Balboa Island Improvement Association, a voluntary group of people who live or work on Balboa Island.  The Business Improvement District which is a Merchant sponsored group on Marine Avenue and The Little Balboa Island Association, a group of home owners only on Little Balboa Island.  There is plenty of opportunity for community involvement on Balboa Island.
  Balboa Island is one of the most expensive real estate markets in North America outside of Lower Manhattan. A two-bedroom house with a water view from the living room can cost about $3 million. Lot value is $2 million. Interior new construction sells for $4 million. Bayfronts range from $3.5 million to $9 million. 
  Balboa Island's only bar, the Village Inn (or VI, as locals like to call it), has sat near the end of Marine Ave for more than 80 years.
caption: Aerial view of Balboa Island Newport Beach in 2016
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