$2,400,000
$2,795,000
14.1%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
966 SqFt
SOLD DATE : 04/19/2023
Key Details
Sold Price $2,400,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 966 sqft
Price per Sqft $2,484
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID CV23026970
Sold Date 04/19/23
Bedrooms 3
Full Baths 2
Construction Status Additions/Alterations,Fixer
HOA Y/N No
Year Built 1930
Lot Size 2,160 Sqft
Property Description
Can You Imagine Views Of The Ocean, Bay & Snow-Capped Mountains All From The Same Home? These Sellers Have Loved And Enjoyed These Views For 4 Generations! So Many Memories Have Been Made Here...Now Is Your Opportunity To Build Precious Memories With Those You Love! As The Saying Goes, Location...Location...Location!!! Well, The Location Is Awesome! It Sits On The Highly Coveted Balboa Peninsula And Is Across The Street From The Prestigious Newport Harbor Yacht Club. You Will Love The Tranquil View Of The Newport Harbor. Just Around The Corner, You Will Find Warm Sand And The Beautiful Blue Waters Of Newport Beach. You Are Just One House In From The Shoreline And Walking Distance To The Balboa Fun Zone, Newport & Balboa Beach Piers. This Is The Location Where Everyone Wants To Be! The Home Is Undersized For The Lot; Therefore, It's A Great Property For A Major Remodel. Outdoors You Will Find A Large Brick Patio To Hang Out. The Downstairs Level Is A Studio Type Apartment (buyer to check zoning for possible 2nd unit or STR) A 3/4 Bathroom And Wall AC & Heater. It Is Totally Separate From The 2nd Story. Upstairs You Will Find A Charming Cottage With A Pick-A-Boo Ocean View From Your Kitchen Window, 2 Bedrooms; Each With Built In Closet/Cabinets, And A Full Bath. There Is Also An Awesome Enclosed Sun Porch That Overlooks The Front Of The Property And Is Where You Have A Beautiful View Of The Newport Harbor And The Snow Capped Views Of Mount Baldy! If It Were Me; I Would Set Up My Home Office Here So That I Could Take Advantage Of The Beautiful Bay & Mountain Views! This Home Also Features An Oversized 2 Car Garage. The Title Shows The Garage Size To Be 552 Square Feet! This Sized Garage Is So Valuable When You Live This Close To The Beach. No Headache Trying To Find Parking!!! In The Garage, You Will Find The Washer & Dryer Hook-Ups And Plenty Of Storage. Just Off The Garage Is An Outdoor Shower, Which Works Wonders At Keeping The Sand Outside. This Home Would Be Perfect As Your Summer Beach House And Would Possibly Make A Great Rental Or Short Term Rental Property. The Neighboring Homes Have Been Remodeled To A More Modern Style Housing And Have Added Lots Of Square Footage And Even Another Story. Check With The City To Find Out What They Will Allow. Now Is The Rare Opportunity To Own An Affordable Beachside Property! Act Now Or You Will Miss Out! Information Is Deemed Reliable But Is Not Guaranteed; Buyer To Verify Every Aspect That Is Important To Buyer.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Main Level Bedrooms 1
Interior
Interior Features Breakfast Bar
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Electric Range, Disposal, Gas Range
Laundry In Garage
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Y/N Yes
View Harbor
Roof Type Composition
Porch Brick, Enclosed, Open, Patio
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Street Level, Walkstreet
Faces North
Story 2
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Cottage
Level or Stories Two
New Construction No
Construction Status Additions/Alterations,Fixer
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 04802319
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Submit, Trust Conveyance, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, Submit, Trust Conveyance, VA Loan
Financing Cash
Special Listing Condition Trust
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Bought with Tara Foster Shapiro • EQTY Forbes Global Properties
Real Estate Consultant | License ID: 01971542
+1(562) 595-3264 | karen@iwakoshirealtor.com