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Listed by Darwin Pearson • Pacific OC Properties
$4,199,000
Est. payment /mo
2 Beds
1 Bath
432 SqFt
New
1245 W Balboa BLD Newport Beach, CA 92661
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Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 432 sqft
Price per Sqft $9,719
MLS Listing ID CRNP25186509
Bedrooms 2
Full Baths 1
Year Built 1924
Lot Size 3,184 Sqft
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
Ocean View Beach Cottage with Approved Plans for a Luxury Home on Balboa Peninsula Welcome to your dream property, just one row from the ocean with stunning views from the roof deck! This unique opportunity offers a charming beach cottage and a detached efficiency studio, perfect for immediate use or rental income. The property is located off a spacious 20-foot alley on a generous 31-foot wide by 102-foot-long lot, providing ample space and privacy. The beach cottage was completely remodeled in 2020, featuring new windows and a new roof, ensuring a comfortable and modern living experience. But the real gem of this property lies in its future potential. The owners have fully approved construction drawings from the City of Newport Beach, ready for a brand-new, three-story single-family dwelling. Imagine living in a luxurious new home designed with every modern convenience in mind. The new home design includes four spacious bedrooms, each with its own full bath, and two additional powder rooms for guests. The attached Accessory Dwelling Unit (ADU) offers its own entry and patio, perfect for extended family or rental income. The home also features a stunning three-story glass elevator, making every level easily accessible. With a total of 2,924 sq. ft. in the main house and an a
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Kitchen Hood Over Range, Other, Exhaust Fan, Oven Range - Gas, Refrigerator
Interior
Heating Baseboard
Cooling None
Fireplaces Type None
Laundry Other
Exterior
Parking Features Common Parking Area
Pool None
Utilities Available Underground - On Site
View None
Building
Lot Description Grade - Level
Story One Story
Water Heater - Gas, District - Public
Others
Tax ID 04724102
Special Listing Condition Not Applicable
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