1245 W Balboa Boulevard, Newport Beach CA, 92661

Active

1245 W Balboa Boulevard

Newport Beach CA, 92661

$3,799,000

$8,793.98 per sqft

Active

2 Beds

2 Baths

432 sqft

Residential

Built in 1924

Listed by Darwin Pearson with Pacific OC Properties [email protected]

The current property consists of a beach cottage and a detached efficiency studio in the garage structure and 1 off street parking spot. The property is located off a large 20 ft. alley with a large approximately 31 ft wide X 102.5 ft long lot. The beach cottage was completely remolded (inside down to studs) in 2020 with new windows and new roof. The owners have City of Newport Beach fully approved construction drawings (permit ready) for a brand new 3-story Single Family Dwelling with 3 story glass elevator, (4 bed, each with its own full bath, plus 2- powder rooms, and an attached full ADU (Accessory Dwelling Unit) with its own entry and patio. The new construction will provide 4 off street parking spaces including an attached 2-car garage and 2-car carport. The main house will total 2924 SF plus the ADU of 533 SF. The new home has 2 decks off the 2nd level (1 with ocean views) and the 3rd level has an 852 SF roof deck area with powder room, appliances, BBQ and fire pit and designed for a hot tub. Ocean views from 2nd and 3rd levels.

NP24127815

MLSⓇ ID

June 23, 2024

Listed

November 25, 2024

Updated

Map

1245 W Balboa Boulevard
Newport Beach CA, 92661

Interior Features

Total Stories: 1
Bedrooms: 2
Total Bathrooms: 2
Three-Quarter Bathrooms: 2
Interior Features: All Bedrooms Down
Appliances: Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
Laundry Description: Outside
Fireplace: No
Fireplace Description: None
Cooling: No
Cooling Description: None
Heating: Yes
Heating Description: Baseboard

Exterior/Building Features

Lot Size: 0.07 Acres
Lot Features: 0-1 Unit/Acre, Front Yard, Rectangular Lot, Street Level, Tear Down, Value In Land, Yard
Sewer: Public Sewer, Unknown

School Information

School District: Newport Mesa Unified

Other Property Details

Area Name: NP - Balboa Peninsula
Days on Market: 155
Garage: No
Parking: On Site, Off Street, One Space
Parking Total: 0
View: No
View Description: None
County: Orange
Water Source: Public
Pool: No
Pool Features: None
Zoning: R2

Listing History

Date	Event	Price
10/1/2024	Price change	$3,799,000 -2%
8/19/2024	Price change	$3,850,000 -4%

Listing Contact: 949-631-9015

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/25/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 11/25/2024 at 10:20 PM UTC