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$3,549,000
Est. payment /mo
4 Beds
3,071 Sqft Lot
Open House
Sat Sep 27, 1:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (
MLS Listing ID OC25222376
Bedrooms 4
Lot Size 3,071 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional Coastal Duplex with Prime R2 Corner Lot Development Opportunity in Newport Beach! Welcome to 806 W Balboa Blvd, a fully remodeled duplex located just steps from the sand and bay in one of Newport Beachs most desirable coastal neighborhoods. This rare corner lot property, zoned R2, offers outstanding potential for future developmentwhether you're looking to build a brand-new luxury residence, expand the existing structure, or create a high-yield investment property. The front unit was completely remodeled in 2025 and features three bedrooms, two bathrooms, a private two-car garage with alley access, and its own laundry area. Inside, you'll find a open concept modern kitchen with quartz countertops, white cabinetry, premium fixtures, brand-new appliances, and a sleek fireplace. The home also includes a new HVAC system, central air conditioning, and new windows throughout. A spacious private front yard provides an ideal space for outdoor entertaining or relaxing in the ocean breeze. The rear unit, also completely remodeled in 2025, located above the garage, is a stylish one-bedroom, one-bath retreat with a beach shower, private laundry and storage area, and a large side patio. It features an all-electric kitchen with contemporary finishes and offers stunning views of Balboa Bay, Fashion Island, and the Back Bay. This unit also includes a new HVAC system and central AC for year-round comfort. With wide alley access on both the side and rear, this corner lot offers enhanced privacy and flexibility for future development. Whether you're seeking a full-time residence,
Location
State CA
County Orange
Zoning Assessor
Direction 55 S FWY to Newport Blvd Make U turn at 8th and home is on the right
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Tax ID 04727410
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Listed by Kaoru Matsuo Coldwell Banker Realty
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