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Key Details
Sold Price $4,495,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,575 sqft
Price per Sqft $1,745
Subdivision Balboa Island - Main Island (Balm)
MLS Listing ID OC22158822
Sold Date 11/03/22
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 2006
Lot Size 2,818 Sqft
Property Description
Enjoy this luxury, turnkey Duplex with your family as a primary residence, a beach house, or as a short term rental investment property that comes with 2 AirBnB permits and projected gross revenue of over $300,000 in 1 year. This property includes 2 separate rooftop decks, 4 car parking, a rare find on the Island, includes $200,000+ in recent upgrades, and can be sold fully furnished. Situated on an oversized, corner lot on Balboa Island, this custom Duplex is the epitome of luxury. The main home first floor has a spacious, open floor plan design with all the best, custom features: beautifully designed limestone fireplace, all Viking appliances, wine cellar, coffered wood ceilings to match the custom cabinetry and wainscoting, and Travertine flooring. On the second floor you will find the Primary Suite outfitted with vaulted, wood beam ceilings, a private balcony overlooking the neighborhood, a fireplace, and a walk-in closet. Additionally, there are 2 sizable bedrooms, a full bath with custom Walker Zanger marble tiling, and an office space perfect for WFH vacations and residence alike. The third floor consists of the spacious rooftop deck with plenty of space for multiple seating areas, a fireplace, and loungers - perfect for enjoying any summer day. With its own entrance, the separate, multilevel rear unit is perfect as an individual AirBnB or a private guest house. This impressive 1 bedroom, 1 bath suite is outfitted with all the same finishes as the main house and includes a gourmet kitchen with Viking appliances, an upstairs bedroom with en-suite bathroom, and its own private rooftop deck. Because of its rare location on an oversized, corner lot on Agate Avenue, this property provides easy access to the Balboa Ferry, Balboa Peninsula beaches, local food markets and Balboa Island restaurants, and everything Newport Beach has to offer.
Location
State CA
County Orange
Area N9 - Lower Newport Bay - Balboa Island
Interior
Interior Features Beamed Ceilings, Breakfast Bar, Built-in Features, Balcony, Ceiling Fan(s), Crown Molding, Coffered Ceiling(s), Separate/Formal Dining Room, Furnished, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Paneling/Wainscoting, Recessed Lighting, Storage, All Bedrooms Up, Primary Suite, Wine Cellar, Walk-In Closet(s)
Heating Central
Cooling Central Air, Dual, Zoned
Flooring Stone
Fireplaces Type Decorative, Living Room, Masonry, Primary Bedroom, Raised Hearth
Fireplace Yes
Appliance 6 Burner Stove, Built-In Range, Convection Oven, Double Oven, Dishwasher, Gas Range, Ice Maker, Microwave, Refrigerator
Laundry In Garage
Exterior
Exterior Feature Fire Pit
Parking Features Attached Carport, Covered, Door-Single, Garage, Off Street, Oversized, Garage Faces Rear, Storage
Garage Spaces 2.0
Carport Spaces 2
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Fishing, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Marina
Waterfront Description Beach Access,Ocean Access
View Y/N Yes
View City Lights, Neighborhood, Panoramic
Porch Patio, Rooftop
Attached Garage Yes
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot, Landscaped, Level, Rectangular Lot
Story Three Or More
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 05004334
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Nicolle Collin • Ehomes
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