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$3,799,000

Beds
2
Baths
1.5
sq ft
432

1245 W Balboa Blvd, Newport Beach, CA 92661

1245 W Balboa Blvd

Newport Beach, CA 92661

  • 149 days on market
    • Price drop $51,000↓
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.

Details

Property type

Single Family Residence

Lot size

3,184 sq ft

Price per sq ft

$8,794

Year built

1924

Price History

09/30/2024
CRMLS

CRMLS #NP24127815

Price change
$3,799,000
-1.32%
08/19/2024
CRMLS

CRMLS #NP24127815

Price change
$3,850,000
-3.75%
06/23/2024
CRMLS

CRMLS #NP24127815

Listed
$4,000,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

High school district: 

Newport Mesa Unified

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Status: Active

Tomo last checked: 11/18/2024 at 11:10 PM

Listing updated: 09/30/2024 at 11:01 PM

Listed by: Darwin Pearson, Pacific OC Properties Phone #: (949) 631-9015

MLS: CRMLS #NP24127815

CRMLS logo

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