Sold

120 Abalone Avenue

Newport Beach CA, 92662

$3,650,000


$1,432.35 per sqft

Sold

2,548 sqft

Land

Listed by Patricia White with Pacific Sotheby's Int'l Realty 949-554-1200

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

NP23007999

MLS ID

January 19, 2023

Listed

February 16, 2024

Updated

Map

120 Abalone Avenue
Newport Beach CA, 92662

Exterior/Building Features

Lot Size

0.06 Acres


Lot Features

0-1 Unit/Acre


Sewer

Public Sewer

Other Property Details

Area Name

N9 - Lower Newport Bay - Balboa Island


Days on Market

26


Garage

No


View

Yes


View Description

Harbor, Neighborhood


County

Orange


Water Source

Public


Pool

No


Zoning

R1


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

6/1/2023

Price Change

$3,216,700

-12%

6/1/2023

Sold

5/26/2023

Pending

Listing Contact: 949-554-1200 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/16/2024. 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 2/16/2024 at 3:58 AM UTC

 

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