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207 29th Street, Newport Beach, CA 92663
$2,795,000
207 29th Street, Newport Beach, CA 92663View this property at 207 29th Street, Newport Beach, CA 92663
207 29th StreetNewport BeachCA92663
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Property Description
207 29th Street offers a unique opportunity for those seeking a blend of coastal living and investment potential in Newport Beach. Just STEPS from the ocean and a short walk to Balboa Peninsula's local restaurants and shops, this remodeled duplex sits on a quiet and wide street predominantly occupied by long-term residents, ensuring a tranquil environment away from peninsula street traffic and noise.
The UPPER unit with three-bedrooms and two-baths, completely remodeled in 2021 with contemporary upgrades, boasts vaulted ceilings, attractive flooring and a charming corner fireplace within an open-plan living room and kitchen area. This layout flows onto a generously-sized sunny patio, offering residents the luxury of peekaboo ocean views while enjoying the fresh ocean air and ambiance. The LOWER unit with one-bedroom and one-bath retains its original charm, including a fireplace and a large outdoor patio. Both units are rented on a month-to-month basis. Convenient parking options include a 3-car garage and an additional space in alley at the rear of the property.
Moreover, the property presents significant potential for redevelopment under Newport Beach zoning regulations. Permitted options for new construction include a two-story, two-unit duplex or condominium, and/or ADU configuration. Local architect Rod A. Jeheber has drafted plans (available to potential buyers) for a contemporary two-unit condominium with modern amenities and ocean views, catering to both full-time and part-time residents seeking a lock-and-go lifestyle.
Whether you're looking for a coastal retreat, an investment opportunity, or a combination of both, don't miss out on this prime opportunity to enjoy beach-life year around.
Full Property Details
Full Property Details for 207 29th St
General
- Sold For: $2,795,000
- Status: Closed
- Type: Multi-Family
- MLS ID: NP24031230
- Added to Site: 74 day(s) ago
Interior
- Rooms/Areas: Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom
- Fireplace(s): Living Room, Gas, Firepit
- Flooring: Laminate
Rooms
Other Rooms
- Laundry: In Garage, Individual Room, Upper Level
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 3
- Parking Features: Direct Garage Access, Driveway Level, Garage, Tandem Garage
- Parking: Garage (Direct Access), Driveway Level, Garage, Tandem Garage
Location
- Area: N8 - West Newport - Lido
- County: Orange
- Development Name: N8 - West Newport - Lido
- Driving Directions: Newport Blvd to right at 29th Street
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Foundation: Slab
- Roof: Composition
- Entry Location: Upstairs
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 1,792
- Year Built: 1977
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Property View: Coastline, Ocean, Water
- Lot Size (Acres): 0.0545
- Lot Size Source: Public Records
- Lot Description: 0-1 Unit/Acre, Level with Street
Financial Considerations
- Price Per Sq. Ft.: $1,559.71
- Price Per Unit: 1397500
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
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Schools
Schools serving 207 29th St
School District:Newport-Mesa Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1327 W Balboa Blvd, Newport Beach, CA 92661 | K-6 | 0.9 mi | |
2000 Cliff Dr, Newport Beach, CA 92663 | 7-8 | 0.9 mi | |
600 Irvine Ave, Newport Beach, CA 92663 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 207 29th St
Date
Details
Price
Change
Source
3/22/2024
Sold
$2,795,000
—
MLS
2/15/2024
Listed
$2,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
207 29th Street, Newport Beach, CA 92663 (MLS# NP24031230) is a Multi-Family property that was sold at $2,795,000 on March 22, 2024. This property was listed by Tom Billings from our Newport Beach Office.Want to learn more about 207 29th Street? Do you have questions about finding other Multi-Family 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.