Listing by: Tara McNabb, Compass, taralmcnabb@icloud.com
5 Beds
4 Baths
1,959 SqFt
Active
2 ACTIVE SHORT TERM RENTAL PERMITS!! Soak up the surf and sun at this versatile oceanfront fully furnished duplex in Newport Beach’s sought-after Peninsula Point neighborhood on the Balboa Peninsula. With one unit on each level of the two-story residence, you can live in one and rent the other, or use both as valuable income-producing opportunities. The renderings show how property can look if you build out the current plans plans that have been submitted to the city for a future custom home, making it easy to create the seaside home of your dreams. Presenting a quieter setting near the end of the boardwalk, the duplex is close to The Wedge surf break, Peninsula Park, the Peninsula Point Racquet Club, the Balboa Pier, and Main Street’s vibrant shopping and dining destinations. A spacious view patio highlights the lower-level residence, which features two bedrooms, two baths, a living room with fireplace, a white kitchen, and a dining room that opens to the patio. The open and bright upper unit showcases a vaulted ceiling, a fireplace-warmed living room, a sunny ocean-view deck, a gourmet kitchen with breakfast bar, three bedrooms and two baths. An attached four-car garage with epoxy flooring provides ample off-street parking and room for storing bikes and surfboards.
Property Details | ||
---|---|---|
Price | $6,750,000 | |
Bedrooms | 5 | |
Full Baths | 4 | |
Total Baths | 4 | |
Lot Size Area | 2614 | |
Lot Size Area Units | Square Feet | |
Acres | 0.06 | |
Property Type | Residential | |
Sub type | SingleFamilyResidence | |
MLS Sub type | Single Family Residence | |
Stories | 2 | |
Year Built | 1977 | |
Subdivision | Balboa Peninsula (Residential) (BALP) | |
View | Ocean | |
Waterfront | Beach Access,Beach Front,Ocean Access,Ocean Front,Ocean Side of Freeway,Ocean Side Of Highway 1 | |
Lot Description | Rectangular Lot | |
Laundry Features | In Garage,Inside,Upper Level | |
Pool features | None | |
Parking Spaces | 4 | |
Garage spaces | 4 | |
Association Fee | 0 | |
Geographic Data | ||
Directions | Balboa Blvd to Property | |
County | Orange | |
Latitude | 33.599999 | |
Longitude | -117.895216 | |
Market Area | NP - Balboa Peninsula | |
Address Information | ||
Address | 1123 E Balboa Boulevard, Newport Beach, CA 92661 | |
Postal Code | 92661 | |
City | Newport Beach | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Compass | |
Listing Agent | Tara McNabb | |
Listing Agent Phone | taralmcnabb@icloud.com | |
Buyer Agency Compensation | 2.500 | |
Attribution Contact | taralmcnabb@icloud.com | |
Buyer Agency Compensation Type | % | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
School Information | ||
District | Newport Mesa Unified | |
MLS Information | ||
Days on market | 37 | |
MLS Status | Active | |
Listing Date | Mar 1, 2024 | |
Listing Last Modified | Apr 7, 2024 | |
Tax ID | 04815209 | |
MLS Area | NP - Balboa Peninsula | |
MLS # | OC24042496 |
This information is believed to be accurate, but without any warranty.