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Ernie Caponera

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

$9,499,000

Est. payment - /mo

5 Beds

6 Baths

2,909 SqFt

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Open House

Thu Apr 23, 11:00am - 2:00pm

Sat Apr 25, 1:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,909 sqft

Price per Sqft $3,265

Subdivision Balboa Island - Main Island (Balm)

MLS Listing ID PW26082039

Bedrooms 5

Full Baths 3

Half Baths 1

Three Quarter Bath 2

Construction Status Turnkey

HOA Y/N No

Year Built 2005

Lot Size 2,613 Sqft

Property Sub-Type Duplex

Property Description

Located on the prestigious bayfront of Balboa Island, 1011 N Bayfront presents a rare opportunity to own a premier waterfront property with direct beach access and panoramic harbor views.

Positioned on a coveted corner lot, this exceptional residence captures abundant natural light and delivers unobstructed water views from both the front and rear units. Currently configured as a duplex with two active short-term rental permits, the property offers immediate income potential while maintaining the flexibility to be seamlessly converted into a spacious 5-bedroom single-family home with a 4 car garage.

The bayfront patio opens directly onto the sand, creating an ideal setting for entertaining, relaxing, and enjoying the quintessential coastal lifestyle. Inside, the lower level features newly refinished hardwood flooring, leading into a well-appointed kitchen with expansive wraparound granite countertops and sleek lacquer cabinetry.

Upstairs, the living space transitions to durable vinyl plank flooring and includes three generously sized bedrooms, each with en suite bathrooms. The primary suite is positioned directly over the water, offering breathtaking, uninterrupted harbor views.

The rear unit showcases dramatic vaulted ceilings and oversized windows, creating a bright, open atmosphere that fully embraces the waterfront setting. Loft-style bedrooms enhance the sense of volume and architectural character.

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Interior

Interior Features Multiple Staircases, All Bedrooms Up, Loft, Primary Suite

Cooling Central Air, Zoned

Flooring Vinyl, Wood

Fireplaces Type Living Room

Fireplace Yes

Laundry In Garage

Exterior

Exterior Feature Awning(s)

Parking Features Garage Faces Rear, Garage Faces Side

Garage Spaces 4.0

Garage Description 4.0

Fence Block

Pool None

Community Features Suburban, Sidewalks

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

View Y/N Yes

View Bay

Roof Type Composition

Accessibility None

Porch Patio

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Corner Lot

Dwelling Type Duplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Turnkey

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 05013101

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Lucas Kinney Balboa Island Estates lucasandrewkinney@gmail.com, DRE #01946207

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

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