READY TO BUILD with APPROVED PLANS and a SHORT TERM RENTAL PERMIT. This is your opportunity to build a custom home on the iconic Balboa Peninsula, just steps from the bay and a short walk to the beach, the Balboa Pier, Balboa Island Ferry, Fun Zone and the infamous Wedge. Plans for this 3-level home boast a pristine design with an open concept floor plan and an elevator to all three levels. The main level features a chef’s kitchen with a large island and bar seating that opens to an airy and light-filled living area. Adjacent to the kitchen is an outdoor courtyard separated only by glass doors allowing the ultimate indoor/outdoor living with room for a fire pit, grill or seating for entertaining guests. On the second level, a sleek primary suite includes a luxurious spa bathroom with dual vanities, large soaking tub and oversized walk-in shower. The primary suite also features a private balcony and a spacious walk-in closet. There are three secondary bedrooms on the second floor and an additional bedroom with full bath on the third level. The magnificent 1,000+ sq. ft. rooftop terrace is truly an entertainer's dream with its multiple covered and uncovered lounging areas, and plans for an outdoor kitchen, fire pit and hot tub. The oversized 2-car garage will be outfitted with a charging port for an electric vehicle and there is ample room for storage cabinets and bikes. The highly sought after short term rental permit is transferred to the buyer with the sale of the property, which will significantly increase the property’s rental income. This rare offering is a great opportunity for any discerning buyer or investor.
DAYS ON MARKET
|
45
|
LAST UPDATED
|
3/15/2024
|
TRACT
|
Balboa Peninsula (Residential) (BALP)
|
YEAR BUILT
|
2024
|
COMMUNITY
|
Balboa Peninsula
|
GARAGE SPACES
|
2.0
|
COUNTY
|
Orange
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
AIR |
Central Air |
AIR CONDITIONING |
Yes |
AREA |
Balboa Peninsula |
BUYER'S BROKERAGE COMPENSATION |
2.000 % |
CONSTRUCTION |
Fiber Cement |
FIREPLACE |
Yes |
GARAGE |
Direct Access, Door-Multi, Electric Vehicle Charging Station(s), Garage, Garage Faces Rear, Oversized, Yes |
HOA DUES |
0 |
INTERIOR |
All Bedrooms Up, Jack and Jill Bath, Primary Suite, Walk-In Closet(s) |
LOT |
2411 sq ft |
LOT DESCRIPTION |
0-1 Unit/Acre |
PARKING |
Door-Multi,Direct Access,Electric Vehicle Charging Station(s),Garage,Oversized,Garage Faces Rear |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
3 |
STYLE |
Cape Cod, Contemporary |
SUBDIVISION |
Balboa Peninsula (Residential) (BALP) |
UTILITIES |
Cable Available,Electricity Available,Natural Gas Available,Phone Available,Water Available |
VIEW |
Yes |
VIEW DESCRIPTION |
Coastline |
WATER |
Public |
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Listed with DiTolla Real Estate
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 4/28/24 10:33 AM PDT 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
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