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$13,500,000

2661 Victoria Drive
Laguna Beach, CA 92651

For Sale|Single Family Home|Active Under Contract
5 Beds
6 Baths
6,500 SqFt
Built in 1922
776 Days Online
$2,077/SqFt
Subdivision:
Victoria Beach (VB)
County:
Orange

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 949.607.8122
Is this the home for you? We can help make it yours.
949.607.8122
2661 Victoria Drive2661 Victoria Drive2661 Victoria Drive2661 Victoria Drive
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Seller says to SELL IT NOW!This amazing soft contemporary, premium coastal location, custom home is graced with mesmerizing ocean views from three magnificent levels. Spanning the three levels are 5 beds & 6 baths. Custom stonework & cabinetry, top of the line appliances, spectacular custom lighting, & custom window treatments. The entry level to the home highlights the master suite with ocean views all around, an adjacent office & 3 car garages. The main level living features an amazing kitchen with top of the line appliances including Gaggenau, Thermador, Wolf, Fisher & Paykel, Perlick & Sub-Zero appliances. This spacious room provides for multiple eating areas & an abundance of cabinetry/storage space. Also, on the main level are 2 bedrooms & 3 full baths, the dining and living rooms & a wine cellar. An amazing great room can be found on the lower level of the home that is perfect for entertaining large or small gatherings. The room features a spectacular bar/eating area that seats eight, with beverage/wine refrigeration, ice maker & dish drawers. The entire area is beautifully appointed with custom lightening, stone, & woodwork with expansive custom doors that allow the space to seamlessly flow beyond to the terrace & views of the ocean below. In addition, there are 2 more bedrooms/baths & a large laundry/utility room on this level. An elevator spans all 3 levels of the home. Enjoy the popular Laguna Beach village restaurants, night life & proximity to the Montage Hotel.

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Listing Snapshot
Price
$13,500,000
Days Online
776 Days
Bedrooms
5
Inside Area (SqFt)
6,500 sqft
Total Baths
6
Partial Baths
N/A
Lot Size
0.1607 Acres
Year Built
1922
MLS Number
NP18154538
Status
Active Under Contract
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
20 hours agoListing updated with changes from the MLS
2 weeks agoStatus changed to Active Under Contract
a year agoPrice changed to $13,500,000
2 years agoListing first seen online
General Features
Architectural Style
Contemporary
Property Sub Type
Single Family Residence
On-Site Parking
Yes
Parking Features
Direct Garage AccessConcreteGarage Faces FrontGarage - Three DoorGarage Door Opener
Attached Garage
Yes
Stories
TwoThree Or More
Sewer
Public Sewer
Utilities
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableSewer ConnectedUnderground UtilitiesWater Available
Listing Conditions
Standard
Interior Features
Cooling
Central Air
Heating
Forced AirFireplace(s)
Fireplace
Yes
Fireplace Details
Game RoomLiving RoomMaster BedroomFire Pit
Flooring
StoneWood
Appliances
6 Burner StoveBarbecueBuilt-In RangeSelf Cleaning OvenConvection OvenDishwasherDouble OvenElectric RangeFreezerDisposalGas OvenGas Water HeaterIce MakerInstant Hot WaterMicrowaveRecirculated Exhaust FanRefrigeratorWater HeaterWater Purifier
Accessibility Features
48 Inch Or More Wide HallsAccessible Elevator Installed
Bathroom Features
BathtubShowerCloset in bathroomDouble sinks in bath(s)Double Sinks In Master BathDual shower heads (or Multiple)Exhaust fan(s)Granite CountersPrivacy toilet doorSeparate tub and showerStone CountersVanity areaWalk-in shower
Kitchen Features
Built-in Trash/RecyclingButler's PantryKitchen IslandPots & Pan DrawersSelf-closing drawersStone Counters
More Interior Features
2 StaircasesBalconyBarBlock WallsBuilt-in FeaturesElevatorHigh CeilingsHome Automation SystemLiving Room BalconyLiving Room Deck AttachedOpen FloorplanRecessed LightingStone CountersStorageWet BarWired for DataWired for Sound
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Exterior Features
Pool
No
Pool Features
None
Patio/Deck
Enclosed Glass PorchPatio OpenStone
View
OceanPanoramicRocksWater
Road Frontage
Private Road
Lot Features
Sprinkler System
Waterfront Features
Ocean FrontOcean Side Of Highway 1
Community Features
MLS Area
LV - Laguna Village
On-Site Laundry
Yes
Laundry Features
Gas & Electric Dryer HookupIndividual Room
Senior Community
No
Security Features
Carbon Monoxide Detector(s)Card/Code AccessClosed Circuit Camera(s)Fire and Smoke Detection SystemFire Rated DrywallFire Sprinkler SystemFirewall(s)Security SystemSmoke Detector(s)Wired for Alarm System
More Community Features
Gutters
Schools
School District
Laguna Beach Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of Chris Valli 00604151 with Surterre Properties Inc. 01778230



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. The 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, the 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.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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Balboa Island Real Estate by Category

Off- Market Opportunities

In this competitive real estate market on Balboa Island, a lot of properties get sold prior to being listed on the MLS. Smart buyers are not waiting for a home to hit the market and then compete with all of the other home buyers. Instead, they are seeking out off-market opportunities. These are homeowners that have said they are interested in selling if they got a certain price or plan on bring the home on the market in the future (once a tenant moves out, divorce is finalized, or they locate their next property). It could be a number of things. Working with a local realtor that specializes in Balboa Island is critical, when it comes to off-market options. A realtor that is specifically focused on Balboa Island properties will have the inside scoop from owners, neighbors and the few other realtors that have a grasp on selling homes on Balboa Island.  If you have been struggling to find a home on the island, please contact me so I can make you aware of upcoming properties before they are listed for sale on the open market. Contact me at steve@balboaisland.com or 949-607-8122 to let me know what you are looking for.

View Balboa Island Real Estate for sale! Discover luxury bay front homes, cottages, investment properties, vacation rentals and more! Search now. Interested in purchasing property on beautiful Balboa Island? Let a qualified Balboa Island Realtor navigate you through purchasing the the right property, and maybe help add it to the rental market here!

Balboa Island Homes For Sale Listing Alerts

In this competitive real estate market, every second counts! If you are interested in buying a home on the island, you need to be alerted the second a new listing hits the market. You also need to know of price reductions properties already listed for sale. We have an alert system that will update you immediately when a home is listed for sale or has a price reduction. Sign up and be the first to know so you can secure your dream property before other buyers.  If you have been thinking about selling your home on Balboa Island in the near future, this is a great way to stay on top of the market.  When you get the email that a new home is for sale, you can check it out during the open house and get an idea of how your home compares.

Monthly Balboa Island Real Estate Market Report

Balboa Island Real Estate Market Report Homes For Sale New Listings Just Sold on Balboa Island Home Value EstimateOur monthly Balboa Island Real Estate report is a beautiful overview of what is going on specifically on the island. You will get one email per month with a easy to understand overview of transactions, pricing, and more. We will show you the median sales price over the last 6 months along with average days on market per listing. We also calculate a sale-to-list price ratio for all listings. For example, the current “Sale-to-List Price” for Feb 2018 is 89%, which means homes are selling 9% below their listing prices. We also report the number of homes that are active for Balboa Island along with the number of new listings and sold listings within the last 30 days.  This is the latest Balboa Island Market Report. If you would like to receive it monthly, click the Sign Up Button at the top left! And please, reach out to me anytime you would like to chat about the market or get an idea about buying or selling a home on Balboa Island. I would love to meet you and provide some insight.

Location! Location! Location!

This frequently mentioned “location, location, location” is hands-down the most critical component when buying a home and even more so when buying a home on Balboa Island. Obviously the location is critical in any community, but on Balboa Island there are numerous things to consider that most out of area buyers are not aware of. There is nothing worse than purchasing a home on the island, only to realize after you move in that there are some critical flaws with your location. Location is what you are buying as it is the one thing you cannot change. Everything else can be changed!

A realtor like myself, that knows Balboa Island from a resident’s perspective can give you the inside information on what you will experience based on location. What are some examples? Balboa Island is unique to every other community in Newport Beach. The island is a tourist destination. There are roughly 6,000 people on the island. Only 40% of the island is full time residents! This means 60% of the homes are vacation rentals or vacation homes for owners that have a primary residence out of the area. Vacation rentals are essentially motels. Depending on your use of the property, this type of ownership use might matter to you.

When it comes to location, tourists and residents flock to Marine Ave for dining and shopping. If you live on Grand Canal on the big island or the west side of Onyx, you should consider the alley traffic that delivers to all of the local businesses on Marine Ave.  Onyx Ave in general will have a lot of traffic, especially in the 200 block as residents use that to drive off the island quicker than being stuck on marine avenue. If you want to be close to the amenities of Marine Ave but not have issues with traffic and street parking, than you might consider paying a slight premium for a home on the little island.

On the big island, some streets are wider than others. Narrow streets can make it a bit more difficult to parallel park and drive safely.  At the end of the big island you can find parking with ease, but you are 1 mile from Marine Ave, so if you want to grab a Starbucks or visit the Village Inn, you’ll want to consider the time to walk, bike or purchase a golf cart. If you are buying in the 100 block of Agate, you or the 200 and 300 blocks of Marine, you will want to consider the exhaust that comes from cars waiting for the ferry of coming on and off the island.

If you wantBalboa Island Home For Sale Real Estate Waterfront Grand Canal Bayfront Water View Dock a water view or to buy for a boat location in the harbor, you will want to consider the big differences between properties on the North and South Bay Front. South Bay Front Sidewalks from Agate to Marine Avenue are going to have much more foot traffic than anywhere on the bay-front. At the same time, this South Bayfront is the most central location to the harbor and provides the most expansive water views and views of the Harbor Pavilion, Ferris Wheel, and Sunsets. North Bayfront is going to have much less vessel traffic. You will experience sunrises rather than sunsets and you have the wonderful Ruby beach…  There are so many things to consider when it comes to the location of a home on Balboa Island. Let me know what is important to you and I can make sure you end up where you want to be!

Current Values of Homes and Lots For Sale on Balboa Island

Balboa Island Tear Down For Sale Lot Value Real Estate on Balboa Island 2 UnitsHere are some current average prices on Balboa Island. Your average tear-down/lot value for an interior lot will sell for 1.9m-2m. It’s 3,800,000 for a tear-down on North Bay Front and closer to 4.5 million on South Bay Front. East Bay Front and Collins Island demand a premium. New construction, on interior lots, is selling for 3.8-4.2 million. Most 5-10 year old homes are selling for 3-3.5m at this time. Duplexes/Rental Properties that are not necessarily tear-downs, and have some value in the structure, are selling for 2.5-3m depending on the condition and location. If you would like to get a good understanding of the current value of your Balboa Island property, please contact me so I can tour it and show you the latest comparable sales. We may be able to sell it for a premium as an off-market opportunity or list it and market it to our massive traffic on balboaisland.com and our social media following! This website gets twice as much real estate traffic as Zillow and we have over 15,000 followers on social media!

Nearby Communities in Newport Beach

Not sure if Balboa Island is the ideal place to call home? Learn more about the other nearby communities! From islands to coves and the peninsula, we can help you get a better understanding of what the lifestyle looks like in each community and how they compare to others.  We breakdown each community discussing the number of homes, HOA (if any), zoning for commercial businesses and vacation rentals, private access and many more things! Learn More