219 E Bay Avenue, Newport Beach, CA

$3,495,000

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5

Beds

3

Baths

0.06

Acres

About 219 E Bay Avenue

Beach Duplex with transferrable SHORT-TERM RENTAL LICENSES for both units, located on a CORNER LOT in the quaint and quieter Bay Island area, only part way down the peninsula, and not on busier Balboa Boulevard, making this one of the more desirable areas on the peninsula. This exceptional lot location is offset at the T of Coronado Street with an unobstructed view of the bay - must see view to appreciate! Two levels have two separate home units - the bottom level has 2 bedrooms, 1 bath and large patio facing the bay, and the top level has 3 bedrooms, 2 baths, with a large deck facing the bay. A buyer can inquire with the city about adding a third level for additional ocean views, similar to many neighboring properties, and for the updated ADU - Accessory Dwelling Unit guidelines. This can be a family beach home with 2 units, income property, short-term rental property, or combination. Both units have fireplaces, beautiful open kitchens, parking in the enclosed garage, overhead storage space in garage, and plenty of unmetered on-street parking. The upstairs home has a grand primary bedroom suite, and an additional second stairway and entry door in rear of home. Additional amenities include custom built-in storage throughout, open beam ceilings, and outdoor patios. 219 E Bay Avenue is Southern California beach living at its finest, with the world-famous Newport Beach Harbor one block to the North for boating, sailing, and other water sports, and expansive sandy beaches, just a few houses away to the South, for surfing, beach walks and leisurely days. Many yacht clubs are in

Features of 219 E Bay Avenue

MLS® # NP24048345
Price $3,495,000
Bedrooms 5
Bathrooms 3.00
Acres 0.06
Type Residential Income
Status Closed

Community Information

Address 219 E Bay Avenue
City Newport Beach
County Orange
State CA
Zip Code 92661

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling N/K
Fireplace Yes
Stories 2 Story

Exterior

Lot Description Corner Lot,Sidewalks
Construction Stucco

Additional Information

Date Listed March 8th, 2024
Days on Market 273
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeUniversal Preferred Properties

Listing Map

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