Property
Beds
6
Full Baths
5
1/2 Baths
1
Year Built
1951
Sq.Footage
4,140
Spectacular opportunity to own a rare corner DOUBLE LOT on sought-after South Bayfront. Located on the desirable quiet end of Balboa Island, this property offers a truly unique and special chance to own one of the most dynamic pieces of real estate in all of Newport Harbor. Resting on a select corner, this massive parcel, which can be subdivided according to the City of Newport Beach, is ideally situated to afford a new owner the opportunity to build two new custom homes or one large estate with the best views in Newport Beach. The current structure is comprised of five units, including a large two bedroom “penthouse” unit upstairs, along with four additional one-bedroom units below. The picturesque location would allow the new structure(s) to capture stunning vistas of the Turning Basin, Peninsula, Pavilion, and much more. This property is one of the most uncommon finds to hit the Island market in years. Don’t miss out.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
5
Area & Lot
-
Property Type
Residential
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Parking
Attached
Financial
-
Sales Price
$8,695,000
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Location
County
Orange
Elementary School
Middle School
High School
Listing Courtesy of Donald Abrams , Abrams Coastal Properties
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