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Spectacular opportunity to own a rare corner DOUBLE LOT on sought-after South Bayfront. Located on the desirable quiet end of Balboa Island, this property offers a truly unique and special chance to own one of the most dynamic pieces of real estate in all of Newport Harbor. Resting on a select corner, this massive parcel, which can be subdivided according to the City of Newport Beach, is ideally situated to afford a new owner the opportunity to build two new custom homes or one large estate with the best views in Newport Beach. The current structure is comprised of five units, including a large two bedroom “penthouse” unit upstairs, along with four additional one-bedroom units below. The picturesque location would allow the new structure(s) to capture stunning vistas of the Turning Basin, Peninsula, Pavilion, and much more. This property is one of the most uncommon finds to hit the Island market in years. Don’t miss out.
Based on information from California Regional Multiple Listing Service, Inc. as of August 21st, 2019 at 7:32am 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.