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Diego Magdaleno

1Vision Real Estate

diego@1visionproperties.com +1(714) 376-8652

$2,750,000

Est. payment - /mo

3 Beds

3 Baths

1,531 SqFt

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OPEN HOUSE

Fri Mar 07, 11:00am - 2:00pm

Sat Mar 08, 11:00am - 3:00pm

Sun Mar 09, 11:00am - 3:00pm

UPDATED:

02/27/2025 10:14 PM

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,531 sqft

Price per Sqft $1,796

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP25043047

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 2013

Lot Size 2,378 Sqft

Property Sub-Type Condominium

Property Description

Welcome to your dream beachside retreat on the coveted Balboa Peninsula! This stunning custom-built home, just over 10 years old, offers the perfect blend of luxury, comfort, and investment potential. Ideally situated between the beach and the bay, this property is steps from the sand and within walking distance of the boardwalk, top-tier dining, lively bars, boutique shops, world class surf and a plethora of other outdoor activities.

Featuring 3 bedrooms and 3 bathrooms, this meticulously designed residence features travertine and hardwood flooring, granite countertops, stainless steel appliances, and central AC and heat for year-round comfort. The rooftop patio offers views of this charming coastal community and is perfect for entertaining or unwinding after a day at the beach. Parking is no problem here with an attached garage and covered carport.

What truly sets this home apart is its highly sought-after Short-Term Lodging Permit, making it a prime income-generating opportunity. This beach house will be sold fully furnished, making it a seamless investment for those looking to generate rental income whenever they are not personally enjoying the coastal lifestyle themselves.

Don't miss this rare opportunity to own a turnkey coastal escape in one of Southern California's most desirable beach communities!

Location

State CA

County Orange

Area Np - Balboa Peninsula

Rooms

Main Level Bedrooms 1

Interior

Interior Features Furnished, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites, Primary Suite, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Stone, Wood

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Dryer, Washer

Laundry Inside, Laundry Closet

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Biking, Fishing, Gutter(s), Park, Street Lights, Sidewalks, Water Sports

View Y/N Yes

View Neighborhood

Porch Front Porch, Porch

Attached Garage Yes

Total Parking Spaces 1

Private Pool No

Building

Dwelling Type Duplex

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Architectural Style Spanish

Level or Stories Three Or More

New Construction No

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 93394134

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Read Less Info

Listed by Ben Pinel • Compass • cari.young@compass.com

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118 39th ST Newport Beach, CA 92663