$7,350,000
SOLD FEB 26, 2025
4 Beds
4 Baths
2,178 Sq Ft
2,633 Sq Ft Lot

Recently Sold

$3,375 Per Sq Ft

8% Below List Price

109 Days on Market

Highlights

  • Beach Front
  • Private Dock Site
  • Fishing
  • Abraham Lincoln Elementary School Rated A
  • Marina View
  • Property is near a park

About This Home

As of February 2025

Introducing an incredible opportunity to purchase one of the most sought after bayfront locations on all of Balboa Island. Not only is this a rare corner location with panoramic views, abounding natural light and peaceful breezes; it also has a private dock! Its orientation allows for viewing the sun and moon rising and setting with incredible golden hour moments year round. Additionally, you’ll enjoy spectacular views of the harbor, boat parades and fireworks! As you come over the bridge onto the island, you take a quick right turn down the N Bay Front Alley to get to Coral. Positioned 4 blocks from Marine Ave, it offers ideal proximity to shopping and dining as well as Ruby beach, without being directly in the mix of traffic and parking. Getting off the island is just as easy. On Coral and NBF you also have a nicely built up beach area for relaxing and fun. Owning a corner location with a private dock on one of the best streets could very well be a once in a 20 year or more opportunity. Don’t hesitate! This is the first time this cherished property has been on the market in over 75+ years!

Last Agent to Sell the Property

Steve Roose

Luxury Real Estate Brokerage Phone: 949-375-4430 License #01871043 Listed on: 09/11/2024

Last Buyer's Agent

Steve Roose

Luxury Real Estate Brokerage Phone: 949-375-4430 License #01871043 Listed on: 09/11/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 2,633 Sq Ft Lot
  • Lot Dimensions are 30.49 x 86.38
  • Beach Front
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • No Common Walls
  • Corner Lot
  • Value in Land

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side Facing Garage
  • Off-Street Parking

Property Views

  • Marina
  • Bay
  • Harbor
  • Panoramic
  • Bridge
  • City Lights

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,178 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Private Dock Site
  • Docks
  • Patio

Location

  • Property is near a park

Schools

  • Lincoln Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 20 / 15
  • Tax Tract Number 101
  • Assessor Parcel Number 05013201
  • $33,000 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Recreation

  • Fishing
  • Water Sports

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Zoning: R-BI
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 05013201
  • Year Built: 1928
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2178.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3374.66
  • Room Type: Kitchen, Living Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Dock Private
  • View: Bay, Bridge(s), City Lights, Harbor, Marina, Panoramic, Water
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Side, Off Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Fishing, Watersports, Sidewalks

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Lincoln
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Lincoln
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: LINCOL
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Park Nearby, Value In Land
  • Lot Size: 30.49 x 86.38
  • Lot Size Sq Ft: 2633.00
  • Lot Size Acres: 0.0604

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2633.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Access, Beach Front, Fishing in Community, Includes Dock, Navigable Water

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 630.06
  • Tax Lot: 20
  • Tax Tract Number: 101
  • TaxOtherAnnualAssessmentAmount: 33000.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $7,350,000 -5.8% $3,375 / Sq Ft
12/29/2024 12/29/24 Pending -- -- --
11/11/2024 11/11/24 Price Changed $7,800,000 -2.5% $3,581 / Sq Ft
09/11/2024 09/11/24 For Sale $8,000,000 -- $3,673 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24188841

California Regional Multiple Listing Service (CRMLS)

APN: 050-132-01