Newport Beach, CA 92661,505 E Bay AVE

$1,675,000

$1,799,900

6.9%
Est.Price: ?

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Est. payment /mo

3 Beds

4 Baths

1,800 SqFt


SOLD DATE : 08/24/2018

Key Details

Sold Price $1,675,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $930

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID OC18098784

Sold Date 08/24/18

Bedrooms 3

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 2012

Property Description

Great Opportunity to live and invest steps from the beach. Live in the front & rent out the back or vise versa. Built from the ground up in 2012 this mini Mediterranean Villa with large roof top deck encompassing city lights and ocean views is ready for the most discerning buyer.

Two units with superior quality finishes, extensive travertine tile work throughout, gorgeous custom cabinetry, rich granite counter tops, exquisite craftsmanship makes this a must see !!! Front unit is 2 bedroom 2 1/2 bath. Master Suite includes a private balcony which leads to the roof top deck. Master Bath with double sink vanities. Back unit with the same quality finishes has 1 bedroom, 1 bath with a massive 160 sq. ft balcony for entertaining or just taking in the ocean breeze.

Fireplace, laundry, security system, pre-wired surround sound, 4 car attached garage parking (2 for the front unit, 2 for the rear unit). Garage parking leads directly into individual units. Award winning school district, popular destination for shopping and entertainment, minutes to Newport Center and Fashion Island. Identical unit next door, reverse floor plan is also for Sale each parcel is being offered at $1.799K Each parcel can easily be converted to VACATION RENTALS to increase income potential by submitting application/fees to the city of Newport Beach. Buyer to verify all information with the city for its intended or desired use.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Rooms

Main Level Bedrooms 3

Interior

Interior Features Multiple Staircases, All Bedrooms Up

Heating Central

Cooling Central Air

Flooring Stone

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Range, Microwave, Range Hood, Tankless Water Heater, Water To Refrigerator, Dryer, Washer

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Utilities Available Sewer Available

View Y/N Yes

View City Lights, Coastline

Roof Type Tile

Porch Rooftop

Attached Garage Yes

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 3

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Custom

Level or Stories Two

New Construction Yes

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 04811515

Security Features Security System,Carbon Monoxide Detector(s),Fire Detection System,Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Betty Gulezyan • HomeSmart, Evergreen Realty
Bought with Tara McNabb • The Address, Inc
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+1(949) 664-4349

shannon@shannonlouis.com

4040 Barranca Pkwy Suite 150, Irvine, CA, 92604

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