Newport Beach, CA 92662,120 Abalone AVE
Newport Beach, CA 92662,120 Abalone AVE
Newport Beach, CA 92662,120 Abalone AVE
Newport Beach, CA 92662,120 Abalone AVE
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$3,216,700

$3,650,000

11.9%
Est.Price: ?

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Est. payment /mo

2,548 Sqft Lot


SOLD DATE : 05/31/2023

Key Details

Sold Price $3,216,700

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Balboa Island - Little Island (Ball)

MLS Listing ID NP23007999

Sold Date 05/31/23

HOA Y/N No

Lot Size 2,548 Sqft

Property Description

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

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Zoning R1

Interior

Fireplace No

Exterior

Community Features Sidewalks

Utilities Available Underground Utilities

View Y/N Yes

View Harbor, Neighborhood

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 05018203

Acceptable Financing Submit

Listing Terms Submit

Financing Cash to New Loan

Special Listing Condition Standard, Trust

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California Regional MLS (CRMLS)
Listed by Patricia White • Pacific Sotheby's Int'l Realty • 949-500-4796
Bought with Gordon Henry • Pacific Sotheby's Int'l Realty
agent-avatar

+1(559) 593-3088

miguelsanchez@tsret.com

7475 N Palm Ave STE 105, Fresno, CA, 93711

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