116 Abalone Avenue, Newport Beach CA, 92662
(Active)
$5,495,000
|
4 beds, 1 Full/2 Three-Qtr/2 Half baths, 2,095 sqft
|
MLS# NP24089519
Last Updated: 5/19/2024 1:14 PM
Description for
116 Abalone Avenue
Newport Beach, CA 92662
Once-in-a-lifetime opportunity to own an incredible 4-bedroom, 5-bath home at one of Balboa Islands best locations. Seated on a 45 x 85-foot over-sized lot, just 4 doors from the South Bayfront on coveted Little Balboa Island, this captivating cottage offers relaxed beach living with endless possibilities. Just past its white picket fence and sunny front patio, the main level offers wood floors, a large living room with fireplace, upgraded kitchen, formal dining room, an office/den (or 5th bedroom), and a private rear casita with bedroom and bath. The first level also showcases an expansive interior courtyard with fireplace, perfect for year-round outdoor entertainment. The second level features three bedrooms and two baths, including a primary suite with built-in storage and two walk-in closets. 116 Abalone provides a fantastic opportunity for buyers seeking a timeless residence with unique charm and designer touches, nestled on a spacious lot in the heart of the Little Island.
Price
$5,495,000
Balboa Island - Little Island (BALL)
Orange
4
1 Full/2 Three-Qtr/2 Half
2,095 (approx)
NP24089519
Active
Description
Once-in-a-lifetime opportunity to own an incredible 4-bedroom, 5-bath home at one of Balboa Islands best locations. Seated on a 45 x 85-foot over-sized lot, just 4 doors from the South Bayfront on coveted Little Balboa Island, this captivating cottage offers relaxed beach living with endless possibilities. Just past its white picket fence and sunny front patio, the main level offers wood floors, a large living room with fireplace, upgraded kitchen, formal dining room, an office/den (or 5th bedroom), and a private rear casita with bedroom and bath. The first level also showcases an expansive interior courtyard with fireplace, perfect for year-round outdoor entertainment. The second level features three bedrooms and two baths, including a primary suite with built-in storage and two walk-in closets. 116 Abalone provides a fantastic opportunity for buyers seeking a timeless residence with unique charm and designer touches, nestled on a spacious lot in the heart of the Little Island.
Listing Information
| Property Type: Single Family, Cottage, 2 Story | ||
| 4 | 1 Full/2 Three-Qtr/2 Half | |
| 0.09 Acres | Assessor | 2,095 (approx) |
| 1937 | Yes-2 spaces | 2 |
| Shingle,Stucco,Wood | ||
Balboa Island - Little Island (BALL)
Public
Sewer Tap Paid
Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Available,Sewer Connected,Underground Utilities
Neighborhood
School Information
| District: Newport Mesa Unified | ||
Room Information
| Bathrooms: Main Level: 2 | |||
| 1 | 2 | 2 | |
Main Level: 2, Total: 4
In Garage
Interior Features
Gas Cooktop,Gas Oven
Wood
Central Air, Window/Wall Unit
Other,
Central, Wall Furnace
No Common Walls
French Doors
Ground Level
Living Room,Outside
Safe Emergency Egress from Home
Built-in Features,Crown Molding,Bedroom on Main Level
Exterior / Lot Features
2 Garage Spaces,
2 Parking Spaces,
0 Covered Parking Spaces,
Door-Multi,Garage,Garage Faces Rear
Wood, Stucco, Shingle
Brick,Patio
None
None
45x85
R1.5
Wood
Lighting,
0-1 Unit/Acre,Back Yard,Front Yard
Driving Directions
Drive onto Balboa Island via Marine Ave., left on Balboa Ave. cross bridge to Little Island, right on Abalone Ave. Cross Streets: Park and Abalone Ave.
Financial Considerations
| 05018205 |
Cash,Cash to New Loan
Listing Price History
Newport Beach Real Estate
Newport Beach is located in California. Newport Beach, California 92662 has a population of 88,179.
The median household income in Newport Beach, California 92662 is $124,791. The median household income for the surrounding county is $94,474 compared to the national median of $66,222. The median age of people living in Newport Beach 92662 is 39 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 5/6/2024 | Active | $5,495,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $36,631 USD | 1.68% | $3,458,107 USD | - |
| 2022 | $36,027 USD | 1.96% | $3,458,107 USD | 2.00% |
| 2021 | $35,335 USD | 0.97% | $3,390,301 USD | 2.00% |
| 2020 | $34,996 USD | 2.13% | $3,323,825 USD | 1.04% |
| 2019 | $34,267 USD | 2.04% | $3,289,744 USD | 2.00% |