$4,550,000
$4,695,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 01/23/2017
Key Details
Sold Price $4,550,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID NP16129432
Sold Date 01/23/17
HOA Y/N No
Property Description
Newly Reduced! One of the finest bay front properties along the Balboa Peninsula waterfront. A rare opportunity to purchase a charming, original Balboa cottage and begin to enjoy the lively bay front lifestyle while developing plans for a new home on one of the best parcels along the harbor. Truly a premier water front location this lot of 3755 square feet is one of only a handful of deep (121') bay front properties affording a grassy lawn with mature flowering landscape. Property records indicate that a new home of approximately 3576 square feet can be constructed, with the addition of third level roof-top deck space. The lot is highlighted by a substantial bulkhead wall and a private shared pier and dock to accommodate a craft of approximately sixty feet plus a Duffy side-tie. 1018 East Balboa presents an extraordinary occasion to live comfortably while developing plans to rebuild a piece of Balboa history.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Zoning 1
Interior
Fireplace No
Exterior
Community Features Storm Drain(s), Street Lights, Suburban, Sidewalks, Marina
Utilities Available Sewer Available, Sewer Connected, Underground Utilities, Water Connected
Waterfront Description Bay Front,Dock Access,Seawall
View Y/N Yes
View Bay, City Lights, Harbor, Panoramic, Pier, Water
Building
Lot Description Back Yard, Lawn, Landscaped, Paved, Street Level, Yard
Water Public
Others
Senior Community No
Tax ID 04814234
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Tara Foster Shapiro • HOM Sotheby's International Re
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "