Listed by Patricia White, Pacific Sotheby's Int'l Realty,

120 Abalone Avenue

Newport Beach, CA, 92662

$3,650,000

$3,650,000
Active
Active
 - For Sale
property_type
Land
Rare opportunity to own on Balboa's coveted and picturesque Little Island. This exceptionally well-located lot is offered in its pre-construction status with soon-to-be approved plans for a custom 2,295 s.f. Cape Cod-inspired Island home. This meticulously planned home will offer three levels with of exceptional indoor/outdoor living space perfect for entertaining and relaxing. Whether on the first-level outdoor living space or from the covered third-floor rooftop deck, enjoy sumptuous gentle breezes sweeping in from the bay located a few hundred feet away. Features include an elevator to all levels, fireplaces on each of the three levels, ground floor BBQ area, 2-car garage, and an outdoor electric golf cart parking area. Plans include pre-engineering for 3rd level spa. With less than 250 homes on Balboa's peaceful Little Island, this is a fantastic opportunity to own a perfectly situated custom dream home in a highly walkable, water-close location with options to select finishes and personalize with your signature! With close proximity to Balboa’s Marine Ave. teeming with local boutique shops and restaurants, Newport harbor and beaches, world-class shopping at nearby Fashion Island, and championship golf courses, 120 Abalone is a perfect place for full-time residency or part-time vacation stays.***Seller is in the permit approval process and plans are subject to change. Buyer to investigate all aspects of the property including plans, permits, and views to Buyer's satisfaction. Property is also available for sale as a completed project for $5.8M. See MLS # NP23007214
MLS® ID:
NP23007999
Listed:
1/18/23
Updated:
2/6/23

Exterior/Building Features

Lot Size
2,550 ft² lot
Lot Details
0-1 Unit/Acre
Sewer
Public Sewer

Other Property Details

Area Name
N9 - Lower Newport Bay - Balboa Island
Association Amenities
Sidewalks
Garage
No
Parking
N
View
Y
County
Orange
Utilities
Underground Utilities
Water Source
Public
Pool
No
Zoning
R1
Buyer Agency Compensation
2.500

Listed by Pacific Sotheby's Int'l Realty, Patricia White,
Listing Contact: 949-500-4796 

Based on information from California Regional Multiple Listing Service, Inc. as of 2/6/23. 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, 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.

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Data last updated 9:06 AM UTC, 2/6/23

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