1509 East BAY Avenue, Newport Beach, CA 92661 (MLS # U11001216)
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One of the great original bay front properties in Peninsula Point, the Cotton estate includes two and one-half lots (approx. 75' wide) in this private and desirable location. This parcel includes a beautiful and private sandy beach, as well as a dock for several boats. Property is a portion of a larger estate that includes the adjacent parcels at 1504, 1506 and 1508 E. Balboa Blvd. (mls U10001685, U10001686), offered separately. Utilized together, one could create a magnificent bay front compound in excess of one-half acre. Conceptual plans are included for the development of all parcels into a magnificent Eastern Seaboard style residence with sparkling harbor views, a guest house, swimming pool, pavilion, gardens, service areas and garages. This property is being offered as a lot. In order to utilize the residence, the property must be purchased with 1508 E. Balboa Blvd. If sold independently, the house must be removed from the lot at buyer's expense. Contact agents for details.
| Last Updated | 3/29/2013 | Tract | Balboa Peninsula Point (Balboa Peninsula Point (BL |
|---|---|---|---|
| Year Built | 1951 | Community | Balboa Peninsula |
| Garage Spaces | 2.0 | County | Orange |
| Total Parking | 4 |
 Walk Score ®
|
51 
|
SCHOOLS
| School District | Newport Mesa Unified |
|---|
Price History
| Prior to Aug 3, '11 | $12,900,000 |
|---|---|
| Aug 3, '11 - Nov 1, '12 | $10,900,000 |
| Nov 1, '12 - Today | $9,900,000 |
Additional Details
| Bath Full | 4 |
|---|---|
| Bath Half | 1 |
| Bath One Quarter | 0 |
| Bath Three Quarter | 0 |
| Builders Model Code | Z |
| Builders Tract Code | Balboa Peninsula Point (BLPP) |
| Builders Tract Name | Balboa Peninsula Point |
| Building Size | 5500 |
| Building Structure Style | Modern |
| CARETS Listing Status | Active |
| Carport Spaces Total | 0 |
| Common Walls | Detached/No Common Walls |
| Cooling Type | None |
| Cross Streets | E. Balboa Blvd. and G St. |
| Disability Access | None (N) |
| Eating Areas | Formal Dining Rm |
| Exterior Construction | Stucco |
| Fire Place Fuel | Electric, Gas, Wood |
| Fireplace Rooms | Library |
| Floor Material | Carpet - Partial (N), Travertine |
| Garage Spaces Total | 2.0, 2.0 |
| Heating Type | Forced Air |
| HOAFee1 | 0.0 |
| HOAFee2 | 0.0 |
| Land Lease Amount Per Year | 0 |
| Land Lease Purchase YN | N |
| Land Lease Type | Fee |
| Levels | Ground Level (N), Two Level |
| Listing Terms | Cash, Cash To New Loan |
| ListingAgreement | Exclusive Right To Sell/Lease |
| Lot Location | Bay Front, Beach Access |
| Lot Size Source | Other |
| Number Of Remote Controls | 0 |
| Other Structural Features | Dock Private |
| Parking Spaces Total | 2 |
| Pool Descriptions | Private Pool |
| Roofing | Concrete Tile |
| Sewer | Connected & Paid, Connected on Bond, In, In Street Paid |
| Spa Descriptions | None |
| SpecialConditions | Standard Sale |
| Square Footage Source | Estimated |
| Tax Parcel Number | 04818220 |
| Units Total In Complex | 0 |
| View | Bay View, City Lights View |
| Water | Public, Water District |
| Will Consider Lease YN | N |
| Year Built Source | Assessor |
Location
Bird's Eye
Listed with Robert Giem DRE# 01082750, HOM Real Estate Group, Inc
Contact us about this Property
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CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).
Date last updated: 5/18/13 9:07 PM PDT
This IDX solution is (c) Diverse Solutions 2013.
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