tomo logo

$4,950,000

Beds
Unknown
sq ft
5,080

501 Park Ave, Newport Beach, CA 92662

501 Park Ave

Newport Beach, CA 92662

  • Sold On 9/23/2024
THE PROPERTY: Welcome to your slice of paradise on Balboa Island in Newport Beach! This exquisite property offers an unparalleled opportunity to own a top-performing restaurant with two stunning apartments above, all completely rebuilt to perfection in 2015. THE RESTAURANT: Step into the heart of culinary excellence as you enter the spacious and inviting restaurant and bar area. Bathed in natural light pouring through large windows, this space exudes warmth and charm. With ample room for indoor and outdoor seating and a meticulously designed kitchen equipped with top-of-the-line appliances, it’s a dream canvas for creativity. THE LOCATION Situated in the heart of Balboa Island, this property enjoys a prime location in one of Newport Beach’s most coveted neighborhoods. Surrounded by quaint shops, charming cafes, and scenic waterfront vistas, residents and visitors alike are drawn to the vibrant energy and unparalleled beauty of this coastal community. With easy access to the Balboa Island Ferry, nearby beaches, and an array of recreational activities, the possibilities for adventure and relaxation are endless.

Details

Property type

Mixed Use

Lot size

5,100 sq ft

Price per sq ft

$1,172

Year built

2015

Price History

09/20/2024
CRMLS

CRMLS #OC24090681

Sold
$4,950,000
-16.81%
05/06/2024
CRMLS

CRMLS #OC24090681

Listed
$5,950,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fishing

Status: Off Market

Tomo last checked: 11/08/2024 at 5:05 AM

Listing updated: 09/23/2024 at 8:45 PM

Listed by: Kevin Bayless, Bayless Real Estate Phone #: (949) 727-1200

MLS: CRMLS #OC24090681

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