124 Agate Avenue
Newport Beach, CA 92662

$2,200,000

Beds: 4
Baths: 4
Sq. Ft.: 1,600
Type: Single Family Home
Listing #OC17203056
Conveniently located just steps from the ferryboat to the fun zone on Balboa Island, this stunning property boasts two separate dwellings, both of which have been taken down to the studs & rebuilt to the highest quality standards. Exterior has been updated with a beautiful rock & smooth stucco finish overlooking the privately owned parking area that can fit up to 6 cars (off street) & 1 car off the alley in the back! Rare to find a property on the island with this much parking! Owned (not leased) solar panels on the rooftop minimizes electric bills & adds tremendous value. Permits pulled, all new sewer, electrical & water lines. Income potential....live in either space & use the other for extended family, a rental or rent out both units. Both units are 2 bedroom/2 baths with open floorplans and have brand new doors, windows, tankless water heaters & wood style ceramic tile flooring throughout. Kitchens are open & spacious, complete with quartz counters, stylish backsplash, new stainless steel appliances & fixtures, brushed nickel hardware, custom lighting fixtures, recessed lighting and new custom cabinetry. All bathrooms have been updated with top of the line modern finishes including floating vanities & showers with feature wall & seamless glass closure. Laundry room for both units complete with washer and dryer that is included in the sale. Year-round enjoyment of Balboa Island living. Don't miss this one!
Property Features
Location Information
County: Orange
Builder Tract Code: Balboa Island - Main Island (BALM)
MLS Area: Lower Newport Bay - Balboa Island
Community: Curbs, Sidewalks
Directions: Take Jamboree all the way onto the Island,
Interior Features
Common Walls: No Common Walls
Windows/Doors Description: Doors: , Windows: French/Mullioned, Solar Screens
Rooms: Great Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Two Masters
Interior: Bar, Built-Ins, Open Floor Plan, Stone Counters
Full Baths: 4
Spa: None
Eating Area: Breakfast Counter / Bar, Family Kitchen, In Living Room
Has Fireplace: No
Fireplace Description: None
Heating: Wall Heater, Electric, Solar
Cooling: None
Floors: Tile
Laundry: Dryer Included, Electric Dryer Hookup, Individual Room, Outside, See Remarks, Stackable, Washer Hookup, Washer Included
Appliances: Dishwasher, Electric Oven, Electric Range, Electric Stove, Free Standing Range, Freezer, Garbage Disposal, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater
Entry: Front
Accessibility: Parking
Exterior Features
Style: Contemporary
Stories: Two
Construction: Drywall Walls, Stone
Exterior: Awning
Foundation: Concrete Perimeter, Slab
Roof: Composition, See Remarks
Water Source: Public
Septic or Sewer: Sewer Paid, Shared Septic
Utilities: Cable Available, Natural Gas Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Parking Description: Uncovered, Driveway, Driveway - Concrete, Guest, On Site, Oversized, Parking Space, Side by Side, Off Street, See Remarks
Has Garage: No
Garage Spaces: 0
Parking Spaces: 7
Fencing: Block, Wood
Patio / Deck Description: Concrete, Deck, Patio, Porch - Front, Slab, Wrap Around
Has a Pool: No
Has a Deck: yes
Pool Description: None
Other Structures: Guest House Attached
Exposure Faces: West
Lot Description: Corners Established, Level with Street, Lot-Level/Flat
Lot Size in Acres: 0.06
Approximate Size (Sq. Ft.): 1, 600
Lot Size in Sq. Ft.: 2, 614
Zoning: Mult Fam Dwlg
Green Energy Efficient: Appliances, Water Heater, Windows
Has View: No
View Description: None
School
School District: Newport Mesa Unified
Elementary School: Abraham Lincoln
Jr. High School: Horace Ensign
High School: Corona Del Mar
Additional Information
Property Type: SFR
Property SubType: Duplex
Year Built: 1923
APN: 05005226
Status: Active
Is Aged Restricted: No
HOA Fee: 0
Lot Square Feet Source: Assessor
List Date: 2017-09-02 00:00:00.0


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Monthly Tax: $
Monthly Insurance: $
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This listing is courtesy of: Kirby Ellis Realty National, Inc - CA BRE # shown above if in IDX data
This listing's co-agent is: Gina Strane
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©2017 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 11, 2017 10:03 AM PT The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.