$2,700,000 - 124 Agate Avenue, Newport Beach

  • 4Beds
  • 4Baths
  • 1,546SQ. Feet
  • 0.06Acres

The Balboa Island opportunity you have been waiting for is here! Located on a lot zoned for commercial/residential, this modern duplex sits on only half the lot. SO much potential! Each level has two bedrooms and two full bathrooms with quartz countertops and double sinks, step in showers, upgraded doors, modern finishes and all appliances included. The upstairs unit has a small private balcony off the kitchen. This duplex has energy efficient lighting, plumbing, two tankless hot water heaters, two ring doorbells, owned solar panels and off street parking. There is also an adjacent parking spot behind the duplex, off the alley. Both units share an on-site washer & dyer and there is a shed and under-stairs storage for bikes, beach gear and surfboards. It would make a wonderful (and lucrative) rental property or perfect spot to live and build your own business for the residents of this little island community. Balboa Island hosts parades, festivals, garage sales, parties and community events year round. Your new home is located six units from the sand and on the street of the ferry for convenient access. Come live where others vacation or get paid when they do! Welcome Home Indeed.

Sales Agent

Sam SmithNewport Beach Real EstatePhone: 949-444-1901Cell: 949-444-1901Contact Agent Now

Essential Information

  • MLS® #:PW22222474
  • Price:$2,700,000
  • Bedrooms:4
  • Bathrooms:4.00
  • Full Baths:4
  • Square Footage:1,546
  • Acres:0.06
  • Year Built:1923
  • Type:Residential
  • Sub-Type:Duplex
  • Style:Modern
  • Status:Closed
  • Listing Agent:Carly Zamani
  • Listing Office:Carly Zamani, Broker

Community Information

  • Address:124 Agate Avenue
  • Area:N9 - Lower Newport Bay - Balboa Island
  • Subdivision:Balboa Island - Main Island (BALM)
  • City:Newport Beach
  • County:Orange
  • State:CA
  • Zip Code:92662

Amenities

  • Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Parking Spaces:4
  • Parking:Driveway, Tandem, Off Street, Oversized, Shared Driveway, Uncovered
  • Garages:Driveway, Tandem, Off Street, Oversized, Shared Driveway, Uncovered
  • View:None
  • Waterfront:Across the Road from Lake/Ocean, Across the Road Water Frontage, Beach Access, Ocean Access, Ocean Side Of Highway, Seawall
  • Pool:None

Interior

  • Interior:Tile, Vinyl
  • Interior Features:Open Floorplan, Recessed Lighting, Bedroom on Main Level, Balcony, Granite Counters, Main Level Master, Quartz Counters, Storage
  • Appliances:Dishwasher, Disposal, Gas Range, Microwave, Electric Range, 6 Burner Stove, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan
  • Heating:Wall Furnace
  • Cooling:None
  • Fireplace:Yes
  • Fireplaces:None
  • # of Stories:2
  • Stories:Two

Exterior

  • Exterior:Concrete, Copper Plumbing
  • Exterior Features:Lighting, Rain Gutters
  • Lot Description:0-1 Unit/Acre, Paved, Rectangular Lot, Street Level, Value In Land
  • Windows:Blinds, Double Pane Windows, Screens, Tinted Windows
  • Roof:Flat
  • Construction:Concrete, Copper Plumbing
  • Foundation:Slab

School Information

  • District:Newport Mesa Unified
  • Elementary:Abraham Lincoln
  • Middle:Horace Ensign
  • High:Corona Del Mar

Additional Information

  • Date Listed:October 19th, 2022
  • Days on Market:176
  • Zoning:R2
  • HOA Fees:0.00

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Balboa Island - Main Island (balm)

  • City:
    Newport Beach
  • Price Range:
    $2,695,000 - $9,800,000
  • Current Listings:
    28
  • HOA Dues:
    $0
  • Average Price per Square Foot:
    $1,879
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Based on information from California Regional Multiple Listing Service, Inc. as of April 23rd, 2024 at 8:55pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.