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Home Sale Pending
1201 W Bay Ave
Newport Beach, California 92661
Orange County Ocean View: YesCommunity: Balboa Peninsula (Residential) (BALP)
$3,000,000
2 br, 2.0 bath
962 sq. ft.
0.080 acres
Welcome to the epitome of prime real estate on Balboa Peninsula! Are you in search of the perfect location offering breathtaking bay views and endless possibilities? Look no further, as this property is a canvas awaiting your vision.
Perched majestically, this parcel of land presents a rare opportunity to craft your dream estate. Imagine building your custom mega mansion, where every window frames panoramic vistas of both the serene ocean and the tranquil bay. With ample space and unparalleled views, the potential for luxury living knows no bounds.
Alternatively, for those with an eye for preserving the charm of the past, the existing cottage provides a nostalgic backdrop ripe for renovation. Envision blending the nostalgia of the cottage with a stunning new home on the front lot, capitalizing on the spectacular bay views. It's a fusion of history and modernity, creating a timeless masterpiece.
Feeling inspired by the allure of multiple dwellings? Consider the option to construct two beautiful condos, each offering captivating views of the bay and the ocean. With the possibility of adding an ADU (Accessory Dwelling Unit), this property offers flexibility and versatility to accommodate diverse living arrangements.
The potential for this amazing piece of property is limited only by your imagination. Whether you aspire to create a sprawling estate, preserve the charm of yesteryears, or develop luxury condos, the canvas is yours to transform. Embrace the opportunity to shape your vision against the backdrop of unparalleled natural beauty. The possibilities are endless; the choice is yours to make.
Interior:
- Bedrooms: 2
- Baths: 2.0
- Sq Ft: 962
- Year Built: 1947
- Utilities:
- Fireplaces:
- Stories: 2.0
- Heat/AC:
- Garage:
Exterior:
- Lot Size: 0.080 acre
- Lot Dimensions:
- View Types: Ocean, Water
- Yard:
- Siding:
- Roof: Unknown
- MLS #: OC24044701
Ad Number: 4679768
Viewed 22 times.
Updated: Mar 05, 2024
This property is a Home located at 1201 W Bay Ave, Newport Beach, California 92661, and is currently Sale Pending at $3,000,000. This Home has 2 bedrooms, 2.0 baths, 962 sq ft.
Listing Agent: Maria Xanthakis, House of Seven Gables Real Estate Inc., 714-785-8914, 714-500-3300
Listing Site, Listing Status: Pending
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