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 lim
MLS #
CROC24044701
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.25%
Bedrooms
Ground Floor Bedroom
Dining Room
Dining Area in Living Room
Fireplace
Living Room
Laundry
In Garage
Cooling
None
Pool
None
Garage/Parking
Garage, Garage: 2 Car(s)
Elementary District
Newport-Mesa Unified
High School District
Newport-Mesa Unified
HOA Fee
$0
Zoning
SFR
Listing Agent
Maria Xanthakis
Seven Gables Real Estate
License #: 01322068
Phone: 17147858914
Co-Listing Agent
Sandra Tanner
Seven Gables Real Estate
License #: 02000970
Phone: –
1201 W Bay Ave is a Single Family Residence in Newport Beach, CA 92661. This 962 square foot property sits on a 3,501 Sq Ft Lot and features 2 bedrooms & 2 full bathrooms. It is currently priced at $3,220,000 and was built in 1947.
This address can also be written as 1201 W Bay Ave, Newport Beach, CA 92661.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of May 11, 2024. For the most current information, please contact Maria Xanthakis, 17147858914