Orange County Business Journal

Commercial-turned-residential real estate developer Pat Patterson is shopping his latest project—a three-story, two-unit townhome on the Balboa Peninsula that hit the market last week.

The founder of Newport Beach real estate firm Sailhouse said it’s right in the middle of all the action.

“The location of this project is central to all the redevelopment that’s going on in the peninsula,” he said. “It’s a two-minute walk to Lido House Hotel, a five-minute walk to the new Lido Marina Village, and a one-minute walk to the beach.”