$3,400,000
Beds:
5
Baths:
6
Sqft:
2,683
Sqft lot:
2,400
Acre lot:
0.06
64 Days On Market -
Property listed by DiTolla Real Estate, Jodi DiTolla 949-228-7263
Status:
Active
Property Type:
Single Family Residence
Year Built:
2024
Neighborhood:
Balboa Peninsula (residential) (balp)
Days On Website:
64
Description
READY TO BUILD with APPROVED PLANS and a SHORT TERM RENTAL PERMIT. This is your opportunity to build a custom home on the iconic Balboa Peninsula, just steps from the bay and a short walk to the beach, the Balboa Pier, Balboa Island Ferry, Fun Zone and the infamous Wedge. Plans for this 3-level home boast a pristine design with an open concept floor plan and an elevator to all three levels. The main level features a chef’s kitchen with a large island and bar seating that opens to an airy and light-filled living area. Adjacent to the kitchen is an outdoor courtyard separated only by glass doors allowing the ultimate indoor/outdoor living with room for a fire pit, grill or seating for entertaining guests. On the second level, a sleek primary suite includes a luxurious spa bathroom with dual vanities, large soaking tub and oversized walk-in shower. The primary suite also features a private balcony and a spacious walk-in closet. There are three secondary bedrooms on the second floor and an additional bedroom with full bath on the third level. The magnificent 1,000+ sq. ft. rooftop terrace is truly an entertainer's dream with its multiple covered and uncovered lounging areas, and plans for an outdoor kitchen, fire pit and hot tub. The oversized 2-car garage will be outfitted with a charging port for an electric vehicle and there is ample room for storage cabinets and bikes. The highly sought after short term rental permit is transferred to the buyer with the sale of the property, which will significantly increase the property’s rental income. This rare offering is a great opportunity for any discerning buyer or investor.
Features
Bathrooms
- 1 main level bathroom
- 6 full bathrooms
- 6 total bathrooms
Bedrooms
- 5 total bedrooms
Building
- Built in 2024
- Levels: ThreeOrMore
- Living area: 2683
- Architectural style: CapeCod,Contemporary
- Common walls: NoCommonWalls
- Construction materials: FiberCement
Community
- Biking
- StormDrains
- StreetLights
- Sidewalks
- WaterSports
Cooling
- CentralAir
Fireplaces
- GreatRoom
- PrimaryBedroom
Garage
- 2 spaces
Interior Features
- AllBedroomsUp
- JackandJillBath
- PrimarySuite
- WalkInClosets
Laundry
- Inside
- LaundryRoom
Listing
- ListingID: NP24034851
- Standard status: Active
- 62 days on market
Location
- Country: US
- Subdivision name: Balboa Peninsula (Residential) (BALP)
Lot
- 0.0551 acres
- 2,402 square feet
- Size: 2,402
- Item01UnitAcre
Parking
- 2 totals parking
- DoorMulti
- DirectAccess
- ElectricVehicleChargingStations
- Garage
- Oversized
- GarageFacesRear
Pool
- None
Property
- Deck
- Patio
- Rooftop
- Coastline
Sewer
- PublicSewer
Utilities
- CableAvailable
- ElectricityAvailable
- NaturalGasAvailable
- PhoneAvailable
- WaterAvailable
Property Map
Map View
$3,400,000 - 422 E Bay Avenue, Newport Beach, CA 92661
Street View
Directions
422 E Bay Avenue
Newport Beach, CA 92661
Country: US