DRE# 00372479
Sally Realtor
Real Estate Specialist
     

    1417 Bay Avenue Newport Beach, CA 92661-

    22,995,000

    General Information
    • Status: Active
    • Type:Single Family Home
    • Bedrooms5
    • Bathrooms 5
    • Square feet: 4,741
    • Lot size: 17,000
    • Year built: 1912
  • Mls# NP19002950
  • Days on Market: 164
  • Units:
  • Acres:
  • HOA Fees:
  • The last great bay front compound in Peninsula Point is now for sale for the first time in over 50 years. Six contiguous lots comprise this once-in-a-lifetime opportunity now on offer. The total combined lot area is approximately 17,000 square feet, or .4 acres. Situated on a desirable corner with 180-degree harbor views, the bay front property features an expansive 60’ of frontage on the harbor. The verdant seaside garden and large private beach are built out to the grandfathered bulkhead. Adjacent to the bay front home are 1416 & 1418 East Balboa Blvd., included in this offering, that feature harbor and ocean views. The bay front residence was originally designed in a refined Cape Cod style. It opens to a large brick terrace and shade trees overlooking its lawn, sandy beach, and the harbor. This understated and graceful home retains much of its period charm. Alternatively, all of the properties can be maximized to create a new home and outbuildings in excess of 15,000 SF + 4,000 SF of basements. The private dock can be reconfigured to hold 3 boats up to 65’,53’, & 50’. The adjacent lots are improved with a multi-car garage building (1418) and a 1920’s cottage (1416). The redevelopment opportunities are extraordinary. Peninsula Point is the best kept secret on Newport Harbor. Adjacent to the harbor entrance and the Wedge, residents of this revered seaside neighborhood enjoy an idyllic lifestyle of sailing and days on the beach – set away from the bustle of Newport Beach.
    Features
    • Fireplace Family Room
    • Fireplace Living Room
    • Fireplace Gas
    • Fireplace Gas Starter
    • Fireplace Wood Burning
    • Electric Heat
    • Electric Heat
    • Garage
    • Garage Faces Front
    • Garage Faces Rear
    • Garage Faces Side
    • Garage - Three Door
    • Garage - Two Door
    • Public Sewer Sewer
    • Bay View
    • City Lights View
    • Coastline View
    • Harbor View
    • Ocean View
    • Water View
    • Public Water
    • Source:CRMLS IDX
    • LA:Robert Giem
    • Co-LA:
    • Listing Updated:5/18/2019 12:33:57 PM
    • LO:Compass,NP60725
    • Co-LO:
    • Database Updated:2019/06/18 16:06:28
    • SA:
    • SO:
    • Co-SA:
    • Co-SO:

    Based on information from CARETS as of 18/06/2019 07:00:00 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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.


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