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$3,216,700
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Property Description
Rare opportunity to own on Balboa's coveted and picturesque Little Island. This exceptionally well-located lot is offered in its pre-construction status with soon-to-be approved plans for a custom 2,295 s.f. Cape Cod-inspired Island home. This meticulously planned home will offer three levels with of exceptional indoor/outdoor living space perfect for entertaining and relaxing. Whether on the first-level outdoor living space or from the covered third-floor rooftop deck, enjoy sumptuous gentle breezes sweeping in from the bay located a few hundred feet away. Features include an elevator to all levels, fireplaces on each of the three levels, ground floor BBQ area, 2-car garage, and an outdoor electric golf cart parking area. Plans include pre-engineering for 3rd level spa. With less than 250 homes on Balboa's peaceful Little Island, this is a fantastic opportunity to own a perfectly situated custom dream home in a highly walkable, water-close location with options to select finishes and personalize with your signature! With close proximity to Balboa's Marine Ave. teeming with local boutique shops and restaurants, Newport harbor and beaches, world-class shopping at nearby Fashion Island, and championship golf courses, 120 Abalone is a perfect place for full-time residency or part-time vacation stays.***Seller is in the permit approval process and plans are subject to change. Buyer to investigate all aspects of the property including plans, permits, and views to Buyer's satisfaction. Property is also available for sale as a completed project for $5.8M. See MLS # NP23007214
Full Property Details
Full Property Details for 120 Abalone Ave
General
- Sold For: $3,216,700
- Status: Closed
- Type: Lots/Land
- Source: MRMLS
- MLS ID: NP23007999
- Added to Site: 1, 128 day(s) ago
Location
- Area: N9 - Lower Newport Bay - Balboa Island
- County: Orange
- Development Name: N9 - Lower Newport Bay - Balboa Island
- Subdivision: Balboa Island - Little Island (BALL)
- Driving Directions: Pacific Coast Highway 1 to Jamboree South, (L) on Park, (R) on Abalone.
- Dist. to Beach: 1 (Miles)
Utilities
- Sewer: Public Sewer
- Water: Public
- Dist. to Water: 1
- Utility Description: Underground Utilities
Lot Features
- Property View: Harbor, Neighborhood
- Lot Size (Acres): 0.0585
- Lot Size (Sq. Ft.): 2,550
- Lot Size Source: Assessor
- Zoning: R1
- Lot Description: Sidewalks
Financial Considerations
- Price Per Sq. Ft.: $1,261.45
Listed and Sold by Pacific Sotheby's Int'l Realty, Patricia White and Pacific Sotheby's Int'l Realty, Gordon Henry
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Schools
Schools serving 120 Abalone Ave
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
Abraham Lincoln Elementary School, Newport Beach, CA 3101 Pacific View Dr., Newport Beach, CA 92625 | K-6 | 1.6 mi |
Corona Del Mar High School 2101 Eastbluff Drive, Newport Beach, CA 92660 | 7-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 Abalone Ave
Date
Details
Price
Change
Source
5/31/2023
Sold
$3,216,700
-11.87%
MLS
1/19/2023
Listed
$3,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
120 Abalone Avenue, Newport Beach, CA 92662 (MLS# NP23007999) is a Lots/Land property that was sold at $3,216,700 on May 31, 2023. Want to learn more about 120 Abalone Avenue? Do you have questions about finding other Lots/Land real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.

