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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$5,575,000

Est. payment - /mo

4 Beds

4 Baths

2,542 SqFt

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Open House

Thu May 21, 11:00am - 2:00pm

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,542 sqft

Price per Sqft $2,193

Subdivision Balboa Island - Main Island (Balm)

MLS Listing ID NP26073103

Bedrooms 4

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1966

Lot Size 2,613 Sqft

Property Sub-Type Single Family Residence

Property Description

An exceptional opportunity to own a coveted waterfront home on Balboa Island. Whether envisioned as a future ground-up development or enjoyed as a charming coastal retreat, this property offers rare versatility in an iconic setting. Perfectly positioned along one of the island's picturesque canals, the home captures tranquil water views stretching toward Little Island, Bayside Drive, and the open bay beyond. Rich in character, this classic boardwalk residence blends timeless coastal charm with a flexible, spacious layout ideal for a variety of living arrangements. Originally built in the 1930s and thoughtfully expanded in the 1960s, the home now offers 4 bedrooms and 3.5 baths. Two living areas, dual dining spaces, two kitchens, and separate staircases create a unique configuration that lives like a single-family home while accommodating multi-generational living or guest flexibility. Outdoor highlights include a private dock suitable for an approximately 18-foot boat—perfect for bay cruising, paddleboarding, and enjoying the waterfront lifestyle—as well as a rooftop deck showcasing sweeping water views and refreshing coastal breezes. Additional features include garage parking that comfortably accommodates two cars plus a golf cart—an exceptional amenity on Balboa Island—and immediate access to the renowned boardwalk. A rare offering with endless potential—this is true waterfront living with space, character, and an unbeatable canal-to-bay location.

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Rooms

Main Level Bedrooms 1

Interior

Interior Features Beamed Ceilings, Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, In-Law Floorplan, Living Room Deck Attached, Multiple Staircases, Loft, Multiple Primary Suites

Heating Forced Air

Cooling None

Flooring Carpet, Tile

Fireplaces Type Den

Fireplace Yes

Appliance Dishwasher, Gas Oven, Gas Range

Laundry Inside, Upper Level

Exterior

Parking Features Garage, Garage Faces Rear

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Street Lights, Sidewalks, Fishing, Marina

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Waterfront Description Canal Front

View Y/N Yes

View Bay, Canal, Neighborhood

Total Parking Spaces 3

Private Pool No

Building

Lot Description Paved

Dwelling Type House

Story 2

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Schools

Middle Schools Corona Del Mar

High Schools Corona Del Mar

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 05015130

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Carter Weir Pacific Sotheby's Int'l Realty 949-795-2222, DRE #01455381

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

325 Grand Canal Newport Beach, CA 92662