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1417 E Bay AVE NEWPORT BEACH CA 92661 | MLS NP19002950MR - Outland and Associates Real Estate

1417 E Bay AVE NEWPORT BEACH CA 92661 | MLS NP19002950MR

1417 E Bay AVE
NEWPORT BEACH, CA, 92661
$22,995,000
5 Beds
5 Baths
4,741 SqFt
0.39 Acres
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Open House Jan 25, 2019
11:00 – 02:00
The last great bay front compound in Peninsula Point is now for sale for the first time in over 50 years. Six contiguous lots comprise this once-in-a-lifetime opportunity now on offer. The total combined lot area is approximately 17,000 square feet, or .4 acres. Situated on a desirable corner with 180-degree harbor views, the bay front property features an expansive 60’ of frontage on the harbor. The verdant seaside garden and large private beach are built out to the grandfathered bulkhead. Adjacent to the bay front home are 1416 & 1418 East Balboa Blvd., included in this offering, that feature harbor and ocean views. The bay front residence was originally designed in a refined Cape Cod style. It opens to a large brick terrace and shade trees overlooking its lawn, sandy beach, and the harbor. This understated and graceful home retains much of its period charm. Alternatively, all of the properties can be maximized to create a new home and outbuildings in excess of 15,000 SF + 4,000 SF of basements. The private dock can be reconfigured to hold 3 boats up to 65’,53’, & 50’. The adjacent lots are improved with a multi-car garage building (1418) and a 1920’s cottage (1416). The redevelopment opportunities are extraordinary. Peninsula Point is the best kept sec

Property Details

Price:
$22,995,000
MLS #:
NP19002950MR
Status:
Active
Beds:
5
Baths:
5.00
Address:
1417 E Bay AVE
Type:
Single Family
City:
NEWPORT BEACH
Listed Date:
Jan 4, 2019 (19 days)
State:
CA
Square Ft (approx):
4,741
ZIP:
92661
Subdivision:
Balboa Peninsula Point
Lot Size:
17,000 sqft / 0.39 acres (approx)
Year Built:
1912

Schools

High School:
Newport Harbor

Interior

Cooling
None
EatingAreas
Dining Area
Heating
Electric
Laundry
Laundry Area
Pets
N/A

Exterior

BuildingType
Detached
CommonWalls
Detached/No Common Walls
CommunityFeatures
Storm Drains, Street Lighting, Suburban
ParkingGarage
Garage, Garage – 2 Car, Garage – 3 Car
PoolDescription
None

Financial

LandLeaseType
Fee

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et Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or his…

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Courtesy of Robert Giem at Compass. The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated 2019-01-23.
1417 E Bay AVE
NEWPORT BEACH, CA