3
 
Bedrooms
3
2 | 0 | 1 | 0
Bathrooms
2,562
SqFt
Building Size
2,400
SqFt
Lot Size
3,123
$/SqFt
3
car garage
1972
Year Built
53
DOM
For Sale
Single Family Residence
$ 8,000,000
1303 Balboa
Newport Beach, CA 92661
MLS#: NP24195328
Located past the last turnout on the boardwalk at Peninsula Point, this highly desired location is close enough to walk to many of the area's most desirable amenities yet also private and serene. The oversized lot affords this spacious and meticulously kept home featuring an "upside down" floor plan with living areas on both levels. Perfect for entertaining at the beach, it includes a family room opening to a large terrace on the beach level. Upstairs, there are vaulted ceilings and a fireplace in the very large, open-concept great room overlooking the coastline and ocean. The Catalina and sunset views are not to be missed. The home also includes a spacious master suite upstairs, two additional bedrooms with a bath downstairs, a guest bath, laundry room, and an amazing oversized garage with parking for three cars and over-height ceilings ideal for beach storage. The elevation change on the lot - which is a rarity among oceanfront properties in Newport - affords extra buildability which has been captured in this structure. This home is very well-kept and is ideal for those looking to personalize a home without having to build new. The location is excellent and is close to world-famous Wedge, the Balboa Pier, Balboa Island, and several neighborhood parks. The beach here is very deep and rarely attracts the crowds found elsewhere on the peninsula. This is an extraordinary opportunity for such a location, and priced attractively for the value-conscious buyer.
Listing offered by: Compass | Robert Giem
949.933.1367
tom@wbayrealty.com
DRE: #02087762
1425 West Bay Avenue, Newport Beach, CA 92661
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