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Key Details
Sold Price $9,600,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,032 sqft
Price per Sqft $3,166
Subdivision Balboa Peninsula (Residential) (
MLS Listing ID OC24147562
Sold Date 10/04/24
Bedrooms 8
Full Baths 5
Year Built 1963
Property Sub-Type Detached
Property Description
2 ACTIVE SHORT TERM RENTAL PERMITS! Picture yourself embarking on a weekend getaway, feeling the soft grains of sand beneath your toes as you bask in the splendor of breathtaking sunsets, accompanied by fine wine and cherished friends. This extraordinary opportunity invites you and your loved ones to embrace ownership of an oceanfront property, while luxuriating in the rewards of a short-term rental. This amazing property also features APPROVED plans for a 2 bedroom roof deck addition, this oceanfront duplex in Newport Beach offers exceptional income opportunities on the coast of Southern California. Located directly on the beach with no boardwalk between the property and the sand, the two-story design welcomes stunning ocean, beach and shoreline views from both levels. The lower-level residence features three bedrooms and 2 baths, while the second-floor unit boasts five bedrooms and 3 baths. Guests will enjoy walking out to a large beachfront patio downstairs and a spacious ocean-view deck on the top floor. Both units are open and bright, and they showcase upgrades including wood-look wide-plank tile flooring, crown molding and granite bath surrounds. Fashionable kitchens display quartz countertops, peninsulas with waterfall-style edges, stainless steel appliances and white Shaker cabinetry. Property also comes with coastal approved plans for a third floor roof deck addition. The duplexs outstanding location is destined to be a big attraction for short-term renters. Not only is it directly on the sand, it is close to Lido Marina Village, Fashion Island, golf, parks and wor
Location
State CA
County Orange
Direction 40th to Seashore
Interior
Fireplaces Type FP in Living Room
Fireplace No
Exterior
Garage Spaces 2.0
View Y/N Yes
Water Access Desc Public
View Catalina, Coastline, Ocean, Panoramic, White Water
Total Parking Spaces 3
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Senior Community No
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Standard
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Bought with XIAO ZHONG HUANG Designest Realty Corp
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