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Additional details
Listed by Robert Giem • Compass
$6,650,000
Est. payment /mo
2 Beds
2 Baths
1,316 SqFt
UPDATED:
12/11/2024 01:36 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,316 sqft
Price per Sqft $5,053
Subdivision Balboa Peninsula (Residential)
MLS Listing ID NP-24222779
Bedrooms 2
Full Baths 2
Year Built 1916
Lot Size 2,400 Sqft
Property Description
Located a few doors beyond the last turnout on the boardwalk, and in the Peninsula Point neighborhood, this oceanfront cottage is coming to the market for the first time in several decades. This incredibly desirable location opens to one of the widest and least traveled of all Newport beaches. Great for swimming, sunning, long walks, and relaxing away from the masses, owners here live a privileged life at the shore. The views from this property are scintillating and include panoramas of the beaches looking west to Catalina Island and beyond. Dreamlike, colorful sunsets are ever-present. This location is also steps to the bay, the Wedge, and all of the amenities of the central and east peninsula. The original peninsula cottage here was first built circa 1915. This existing New England style cottage is an ideal candidate for a full-scale restoration. Alternatively, one can build a new home here that takes full advantage of the oversized lot, sizable oceanfront terrace, and gently sloping topography which enables a larger and more favorable building envelope than other Newport Beach oceanfront parcels. Cherished as a seaside escape by the same family since the 1970's, it is time for this property to find new owners to enjoy it for many decades to come.
Location
State CA
County Orange
Interior
Cooling Central Air
Flooring Carpet, Tile
Fireplaces Type None
Laundry Inside
Exterior
Parking Features Driveway
Garage Spaces 2.0
Pool None
Community Features Biking, Curbs, Sidewalks, Street Lights, Suburban
View Y/N Yes
View Ocean, Water
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Schools
Elementary Schools Newport
Middle Schools Ensign
High Schools Newport Harbor
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