Active

219 E Bay Avenue

Newport Beach CA, 92661

$3,950,000


$1,775.28 per sqft

Active

2,225 sqft

Multi-family

Built in 1957

Listed by Kathy Abbott with Universal Preferred Properties 949-677-6577

Beach Duplex with a transferrable SHORT-TERM RENTAL LICENSE, located on a CORNER LOT in the quaint and quieter Bay Island area, only part way down the peninsula, and not on busier Balboa Boulevard, making this one of the more desirable areas on the peninsula. This exceptional lot location is offset at the T of Coronado Street with an unobstructed view of the bay - must see view to appreciate! Two levels have two separate home units - the bottom level has 2 bedrooms, 1 bath and large patio facing the bay, and the top level has 3 bedrooms, 2 baths, with a large deck facing the bay. A buyer can inquire with the city about adding a third level for additional ocean views, similar to many neighboring properties. This can be a family beach home with 2 units, income property, short-term rental property, or combination. Both units have fireplaces, beautiful open kitchens, and use of one car space in the two-car enclosed garage, with overhead storage space, and plenty of unmetered on-street parking. The upstairs home has a grand primary bedroom suite, and an additional second stairway and entry door in rear of home. Additional amenities include custom built-in storage throughout, open beam ceilings, and 219 E Bay Avenue is Southern California beach living at its finest, with the world-famous Newport Beach Harbor one block to the North for boating, sailing, and other water sports, and expansive sandy beaches, just a few houses away to the South, for surfing and more. Many yacht clubs are in Newport Harbor, for terrific social connections, and there are endless restaurant options. This property has been meticulously maintained by the same owners for over 25 years, including a new roof in 2020. All of the advantages of living at the beach, with an interior price tag.

NP24048345

MLS ID

March 8, 2024

Listed

March 31, 2024

Updated

Map

219 E Bay Avenue
Newport Beach CA, 92661

Interior Features

Total Stories

2


Interior Features

Beamed Ceilings, Balcony, Cathedral Ceiling(s), Granite Counters, Living Room Deck Attached, Multiple Staircases, Unfurnished, Bedroom on Main Level, Primary Suite


Appliances

Dishwasher, Electric Range, Gas Oven, Gas Water Heater, Microwave, Range Hood, Water Heater, Dryer, Washer


Laundry Description

Common Area, Washer Hookup, Gas Dryer Hookup


Floor Description

Laminate, Tile


Fireplace

Yes


Fireplace Description

Family Room, Masonry


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Natural Gas, Wall Furnace

Exterior/Building Features

Lot Size

0.06 Acres


Lot Features

Corner Lot


Sewer

Public Sewer

Other Property Details

Area Name

NP - Balboa Peninsula


Days on Market

19


Garage

Yes


Garage Spaces

2


Parking

Door-Multi, Direct Access, Garage, Garage Door Opener, Off Street


Parking Total

2


View

Yes


View Description

Harbor, Ocean


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Waterfront

Yes


Buyer Agency Compensation

2.5%

Listing Contact: 949-677-6577 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/31/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/31/2024 at 1:11 AM UTC

 

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