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| 2 Floors | Furnished |
| Wall/Window Units | Window Units |
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| Onsite Laundry |
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| Outdoor Space |
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| Multi Units | View Type: None |
One-time.
One-time. Refundable.
Property Status: Active Tucked just steps from South Bayfront, this charming Balboa Island cottage invites you to slow down, settle in, and experience island living the way it was meant to be. Available for 30+ day leases and offered fully furnished, this is the kind of home that instantly feels like a getaway—yet lives with the ease and comfort of something far more permanent. Originally designed by renowned architect Leon Yale as one of the island’s early cottages, the home carries a sense of history and character that is increasingly rare. At the same time, thoughtful updates throughout—including a beautifully renovated kitchen and brand-new bathrooms—bring a fresh, modern ease to everyday living. The layout balances comfort and functionality, with a main-level primary suite and laundry creating the ease of single-level living. Upstairs, charming secondary bedrooms offer a cozy retreat for family or guests, complemented by a recently remodeled bathroom that pairs classic character with refined, modern finishes. Mornings can start with a short stroll along South Bayfront, coffee in hand. Afternoons are spent wandering Marine Avenue—just a five-minute walk away—exploring local shops, restaurants, and everything that makes the island so special. And with the ferry just two streets over, beach days, the Fun Zone, and the best of Newport are always within easy reach. Beautifully updated and exceptionally well equipped, this home offers more than just a place to stay—it’s an opportunity to fully experience the rhythm, charm, and ease of life on Balboa Island. STATED RATE IS OFF SEASON RATE FOR SEPTEMBER THROUGH MAY Office Phone: (949) 673-7600 Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
| Neighborhood | Balboa Island |
|---|---|
| Zip code | 92662 |
| Type | House for rent |
4-bedroom apartments at 135 Turquoise Ave cost about 60% more than the average rent price for 4-bedroom apartments in Newport Beach.
| Month | Median Rent |
|---|---|
| April 2024 | $12,074 |
| May 2024 | $12,540 |
| June 2024 | $13,700 |
| July 2024 | $10,997 |
| August 2024 | $9,100 |
| September 2024 | $10,305 |
| October 2024 | $10,707 |
| November 2024 | $11,699 |
| December 2024 | $11,900 |
| January 2025 | $13,950 |
| February 2025 | $15,718 |
| March 2025 | $15,925 |
| April 2025 | $15,187 |
| May 2025 | $15,075 |
| June 2025 | $14,996 |
| July 2025 | $12,556 |
| August 2025 | $13,211 |
| September 2025 | $13,425 |
| October 2025 | $13,678 |
| November 2025 | $14,360 |
| December 2025 | $13,767 |
| January 2026 | $13,642 |
| February 2026 | $15,085 |
| March 2026 | $15,250 |
| Month | Median Rent |
|---|---|
| June 2024 | $20,000 |
| November 2024 | $13,800 |
| December 2024 | $19,500 |
| January 2025 | $12,647 |
| February 2025 | $16,348 |
| April 2025 | $18,000 |
| May 2025 | $18,000 |
| June 2025 | $15,995 |
| August 2025 | $9,995 |
| October 2025 | $18,500 |
| November 2025 | $17,125 |
| December 2025 | $8,875 |
| January 2026 | $7,500 |
Can I afford to live at 135 Turquoise Ave?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
$480,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| 12 years ago | $2,500 | 3 bed | 2 bath |
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