Newport Beach, CA 92661 422 E Bay Avenue
$3,400,000
6 more
Presented By: Jodi DiTolla with DiTolla Real Estate; 949-228-7263
Home Details
READY TO BUILD with APPROVED PLANS and a SHORT TERM RENTAL PERMIT. This is your opportunity to build a custom home on the iconic Balboa Peninsula, just steps from the bay and a short walk to the beach, the Balboa Pier, Balboa Island Ferry, Fun Zone and the infamous Wedge. Plans for this 3-level home boast a pristine design with an open concept floor plan and an elevator to all three levels. The main level features a chef’s kitchen with a large island and bar seating that opens to an airy and light-filled living area. Adjacent to the kitchen is an outdoor courtyard separated only by glass doors allowing the ultimate indoor/outdoor living with room for a fire pit, grill or seating for entertaining guests. On the second level, a sleek primary suite includes a luxurious spa bathroom with dual vanities, large soaking tub and oversized walk-in shower. The primary suite also features a private balcony and a spacious walk-in closet. There are three secondary bedrooms on the second floor and an additional bedroom with full bath on the third level. The magnificent 1,000+ sq. ft. rooftop terrace is truly an entertainer's dream with its multiple covered and uncovered lounging areas, and plans for an outdoor kitchen, fire pit and hot tub. The oversized 2-car garage will be outfitted with a charging port for an electric vehicle and there is ample room for storage cabinets and bikes. The highly sought after short term rental permit is transferred to the buyer with the sale of the property, which will significantly increase the property’s rental income. This rare offering is a great opportunity for any discerning buyer or investor.
Presented By: Jodi DiTolla with DiTolla Real Estate; 949-228-7263
Interior Features for 422 E Bay Avenue
Bedrooms
Main Level Bedrooms0
Total Bedrooms5
Bathrooms
Full Baths6
Main Level Bathrooms1
Total Baths6
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesGreatRoom, PrimaryBedroom
Fireplace Y/NYes
Heating Y/NNo
Laundry FeaturesInside, LaundryRoom
Living Area UnitsSquareFeet
Street SuffixAvenue
Total Stories3
Other Rooms
Entry Level1
General for 422 E Bay Avenue
Additional Parcels Y/NNo
Architectural StyleCapeCod, Contemporary
Attached Garage Yes
Carport Y/NNo
CityNewport Beach
Community FeaturesBiking, StormDrains, StreetLights, Sidewalks, WaterSports
Construction MaterialsFiberCement
CoolingCentralAir
CountyOrange
Days on Market62
DirectionsBalboa Blvd., left on Adams, left on Bay
Entry LocationBay
Garage Spaces2.0
Garage Y/NYes
HOA0.0
HOA / Comm AssnNo
High School DistrictNewport Mesa Unified
Home Warranty Y/NNo
Interior FeaturesAllBedroomsUp, JackandJillBath, PrimarySuite, WalkInClosets
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCash, CashtoNewLoan, Conventional, CalVetLoan, Item1031Exchange
Lot Size Square Feet2402.0
MLS AreaNP - Balboa Peninsula
MobileHomeRemainsYNNo
New ConstructionYes
Occupancy DescriptionVacant
Patio/Porch FeaturesDeck, Patio, Rooftop
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalSingleFamilyResidence
Property SubTypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameBay
Structure TypeHouse
Subdivision NameBalboa Peninsula (Residential) (BALP)
Tax Lot22
Total Units1
UtilitiesCableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, WaterAvailable
ViewCoastline
View Y/NYes
Waterfront Y/NNo
Year Built2024
Year Built SourceEstimated
Exterior for 422 E Bay Avenue
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.0551
Lot Size Area2402.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Open Parking Y/NNo
Parking FeaturesDoorMulti, DirectAccess, ElectricVehicleChargingStations, Garage, Oversized, GarageFacesRear
SpaNo
Total Parking2.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480