300 South Bayfront Active

Newport Beach,CA 92662

$ 18000000

10 Beds

10 Baths

5614 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,614 sqft

Price per Sqft $3,206

Subdivision Balboa Island - Main Island (Balm)

MLS Listing ID NP25091242

Style See Remarks

Bedrooms 10

Full Baths 5

Half Baths 2

Three Quarter Bath 3

HOA Y/N No

Year Built 1991

Lot Size 5,192 Sqft

Acres 0.1192

Property Sub-Type Single Family Residence

Property Description

RARE OPPORTUNITY ON THE SOUTH BAYFRONT OF BALBOA ISLAND! Imagine, twice the home on the fabulous Newport Beach Harbor! Walk out your front door and experience the sun, the fresh air, the calmness and the beauty of the bay! Side by side South Bayfront, Balboa Island lots available on a CORNER! Wonderful location near the west end of South Bayfront. Never ending views of the harbor! Build your dream home! This is an opportunity of a lifetime! Existing structures will provide 3 incomes while you walk through the process of combining these two wonderfully located properties. Create your waterfront legacy!
This listing is for both 300 South Bayfront and 302 South Bayfront combined! 300 South Bayfront is a single family home with 2 family rooms, one up and one down, 3 bedrooms, 5 baths and 2 car garage. The lot size is 2,640 sq ft. The sq ft of the existing structure is 2,429 sq ft and it was built in 1991. The property at 302 South Bayfront, the lower unit, is a 3 bedroom 2 bath and 1 carport with an electric car charger. The lot size is 2,553 sq ft. The existing structure, a duplex, was built in 1968. The upper unit has 4 bedrooms, 3 baths and 1 carport. Together the lots combined come to 5,193 sq ft and would create approximately 60 feet of south bay frontage.
The undergrounding of the utilities is almost complete! No utility poles or wires in your rooftop deck view! From the sea to the mountains! Both properties have electric car charging stations installed. The duplex only on the lower unit. This fact is less important if you plan to tear down and build a single family with the required ADUs. The income on this property will go a long way in helping you get through the City of Newport Beach, the Coastal Commission and designing phase of your new home.
At this point in time, the Sellers are not interested in selling the houses separately. This is a listing for two properties being sold together. (buyer to verify the information in this listing) All measurements are approximate and suggestions to build are to be verified by the City of Newport Beach, Coastal Commission and Architect as to the potential of what is allowed.

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Rooms

Other Rooms Main Floor Bedroom

Interior

Cooling Central Air,See Remarks

Fireplaces Type Living Room,Gas

Fireplace Yes

Laundry Gas & Electric Dryer Hookup

Exterior

Parking Features On Site

Garage Spaces 4.0

Pool None

Community Features Biking,Curbs,Fishing,Golf,Hiking,Park,Watersports,Sidewalks,Storm Drains,Street Lights

Utilities Available Electricity Connected,Natural Gas Connected,See Remarks,Sewer Connected,Underground Utilities,Water Connected

Waterfront Description Bay Front,Beach Front,Fishing in Community,Navigable Water,Ocean Access,Seawall

View Y/N Yes

View Bay,City Lights,Harbor,Panoramic,See Remarks,Water

Private Pool No

Building

Lot Description 0-1 Unit/Acre,Near Public Transit,Paved

Dwelling Type House

Story 2

Sewer Sewer Paid

Water Public

Architectural Style See Remarks

Level or Stories Multi/Split

New Construction No

Schools

Elementary Schools Harbor View Harvie

Middle Schools Corona Del Mar

High Schools Corona Del Mar

School District Newport Mesa Unified

Others

Senior Community No

Special Listing Condition Standard

Virtual Tour https://player.vimeo.com/video/1078199892

Lease Land No

Confidential INFO

SIGN ON PROPERTY 1

TERMS Conventional

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME Marlys Vasterling

SHOW CONTACT PH 9497357064

SHOW INSTRUCTIONS These properties are being sold together only. All three units are occupied. 300 South Bayfront is easy to show with a 24 hour appointment and a prequalified buyer. 302 and 302.5 South Bayfront may be shown with an offer on a 24 hour notice. Both properties are being sold \"as is\" with no warranties. Call Marlys at (949)735-7064 for an appointment to show.

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