1245 W Balboa Boulevard new Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92661
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 432 sqft
Price per Sqft $9,719
MLS Listing ID NP25186509
Bedrooms 2
Full Baths 1
Year Built 1924
Property Sub-Type Detached
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 additional 533 sq. ft. in the ADU, there is plenty of room for everyone. The new construction will provide four off-street parking spaces, including an attached 2-car garage and a 2-car carport, ensuring ample parking for residents and guests. The second level boasts two decks, one with breathtaking ocean
Location
State CA
County Orange
Interior
Heating Baseboard
Exterior
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Underground Utilities,Sewer Connected,Water Connected
View Y/N Yes
Building
Story 1
Sewer Public Sewer
Water Public
Others
Special Listing Condition Standard