Newport Beach, CA 92662,1520 Abalone PL

$2,535,000

Est.Price: ?

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Est. payment /mo

SOLD DATE : 06/20/2018

Key Details

Sold Price $2,535,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Balboa Island - Little Island (Ball)

MLS Listing ID NP18076287

Sold Date 06/20/18

HOA Y/N No

Year Built 1972

Property Description

Extraordinary 4 bedroom 4 1/2 bath corner home with guest apartment--just 44 steps from the Bay, on peaceful and idyllic Little Balboa Island. The main two-story home has an ideal upside-down layout with 3 bedrooms and 3 1/2 baths including a first floor bedroom suite. The 2nd level is approached by either stairway or elevator and consists of a great room with fireplace and picture window with South Bayfront views, deluxe kitchen, two bedroom suites including the large master and a separate powder room. The guest apartment has a large open-spaced living/dining/kitchen space with fireplace and a luxury master suite. The home was remodeled in 2016 including NEW: tile floors and carpet, air conditioning and heat, master bath, double paned windows, flat screen TV's, ELEVATOR, landscaping and driveway pavers, and much more! In addition to the 2-car garage with epoxy floor, there is on-site parking for one or two additional cars and abundant outdoor patio space. 1520 Abalone Place is a grand opportunity to live in style and carefree comfort on coveted Little Balboa Island and take advantage of extra income or guest space from the separate apartment. The main home would also be a great vacation rental leasing for up to $5000 per week in peak season; the guest apartment should rent from $2700-$3,000 per month.

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Rooms

Other Rooms Shed(s)

Ensuite Laundry Inside, In Garage

Interior

Interior Features Built-in Features, Elevator, Furnished, Granite Counters, High Ceilings, Open Floorplan, Bedroom on Main Level, Walk-In Closet(s)

Laundry Location Inside,In Garage

Heating Central

Cooling Central Air, High Efficiency

Flooring Carpet, Stone

Fireplaces Type Living Room

Fireplace Yes

Appliance Built-In Range, Dishwasher, Gas Range, High Efficiency Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan

Laundry Inside, In Garage

Exterior

Garage Door-Multi, Direct Access, Garage

Garage Spaces 2.0

Carport Spaces 1

Garage Description 2.0

Fence Stucco Wall, Vinyl, Wrought Iron

Pool None

Community Features Curbs, Street Lights, Sidewalks

View Y/N Yes

View Bay

Parking Type Door-Multi, Direct Access, Garage

Total Parking Spaces 3

Private Pool No

Building

Lot Description Corner Lot, Sprinklers In Front, Landscaped

Story 2

Entry Level Two

Sewer Sewer Tap Paid

Water Public

Level or Stories Two

Additional Building Shed(s)

New Construction No

Others

Senior Community No

Tax ID 05020307

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Donald Abrams • Abrams Coastal Properties
Bought with Sharon Reed • Abrams Coastal Properties
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25101 The Old Road Suite 240, Ranch, Ca, 91381, United States

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