127 Pearl, Newport Beach, CA 92662 (MLS # NP24183411)

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PRICE $4,195,000 dsIDX morgage calculator
BEDS 3
BATHS 3
HOME SIZE 2,752 sqft
LOT SIZE 2,549 sqft

Lowest Price Per Square Foot on Balboa Island!At just $1,524 per square foot, this is the lowest priced per square foot home on Balboa Island and the second lowest priced home overall on the entire island! The seller is motivated to make a deal, so don't miss out! Located two blocks from the Ferry on the sunny side of a prime street, this home includes those hard-to-get short-term rental permits. It offers three spacious bedrooms, two and a half baths, plus a loft. The open, airy floor plan features a gourmet kitchen with stainless steel appliances, granite countertops, and a large island. The master suite boasts a walk-in closet and en-suite bath, and outside, a cozy courtyard invites you to relax in the ocean breeze.With a strong rental history, this is the perfect investment, second home, or income-generating property. 127 Pearl Ave is ideal for full-time living, a vacation getaway, or turnkey rental income—a rare find in the heart of Balboa Island!

DAYS ON MARKET 58 LAST UPDATED 10/28/2024
TRACT Balboa Island - Main Island (BALM) YEAR BUILT 1984
COMMUNITY Lower Newport Bay - Balboa Island GARAGE SPACES 1.5
COUNTY Orange STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
School District Newport Mesa Unified
High School Corona Del Mar

PRICE HISTORY
Prior to Oct 28, '24 $4,295,000
Oct 28, '24 - Today $4,195,000


ADDITIONAL DETAILS
AIR None
APPLIANCES 6 Burner Stove, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Trash Compactor
AREA Lower Newport Bay - Balboa Island
EXTERIOR Lighting
FIREPLACE Yes
GARAGE Garage Faces Rear, Yes
HEAT Forced Air
HOA DUES 0
INTERIOR All Bedrooms Up, Balcony, Beamed Ceilings, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Dry Bar, Eat-in Kitchen, Granite Counters, High Ceilings, Pantry, Primary Suite, Recessed Lighting, Separate/Formal Dining Room, Storage, Unfurnished, Walk-In Pantry
LOT 2550 sq ft
LOT DESCRIPTION 0-1 Unit/Acre, Landscaped
PARKING Garage Faces Rear
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE Cape Cod
SUBDIVISION Balboa Island - Main Island (BALM)
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION Neighborhood
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Beach Access
ZONING R-BI
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Compass

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 11/7/24 5:36 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

This IDX solution is (c) Diverse Solutions 2024.

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