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JABEZ REALTY
1002 E Balboa BLD, Newport Beach, CA 92661
- $7,995,000
- 4
- BD
- 4
- BA
Listed by Arthur Dorr, 9496737368 from Balboa Realty
(If provided) CoList: from
- List Price
- $7,995,000
- MLS#
- CRNP26239064
- Status
- ACTIVE
- Bedrooms
- 4
- Total Bathrooms
- 4
- Full Bathrooms
- 3
- Partial Bathrooms
- 1
- Lot Size
- 3,825
- Listing Area
- Np - Balboa Peninsula
- Year Built
- 1928
Property Description
An exceptional opportunity to acquire a premier bayfront property on Newport Beach's coveted Balboa Peninsula, just a short stroll from the heart of Balboa Village. Situated directly on the bay, this 3,825-square-foot parcel features approximately 45 feet of frontage, offering an impressive footprint and tremendous potential in one of Southern California's most desirable waterfront locations. The existing single-family residence features 4 bedrooms, 3.5 bathrooms, and approximately 2,987 square feet of living space. The home was lifted and substantially rebuilt in 1995, providing an opportunity for a buyer to enjoy the existing residence while updating and modernizing the property to suit their personal vision. For those seeking a larger-scale project, the property also presents an exciting redevelopment opportunity. According to information provided by the City of Newport Beach, the site may accommodate a newly constructed residence exceeding 5,000 square feet of interior living space. Additionally, there may be an opportunity to construct a private dock, further enhancing its appeal as a premier waterfront estate. The location is truly exceptional, with the bay at your doorstep and the Pacific Ocean just blocks away. Balboa Village's renowned restaurants, boutique shops,
Additional Information
- Acres
- 0.09
- Amenities
- Counters
- Cooling System
- None
- Energy Features
- Ceiling Fan(s)
- Fireplace Description
- Living Room
- Foundation
- Raised, Concrete Slab
- Garage Parking
- Attached Garage, Garage
- Heating System
- Wall Furnace
- Laundry Facilities
- Other
- Lot Description
- Grade - Level
- Lot Size
- 3,825
- Neighborhood
- Np - Balboa Peninsula
- Other Rooms
- Formal Entry
- Other Utilities
- Electricity - On Site
- Pool Description
- 31, None
- Unincorporated Yn
- Yes
- View
- Bay View, Bridge, Hills, Marina View, Neighborhood View, Ocean View, Other, Panoramic, River / Stream, Water, View of City Lights
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than JABEZ REALTY are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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