5
 
Bedrooms
6
6 | 0 | 0 | 0
Bathrooms
2,683
SqFt
Building Size
2,402
SqFt
Lot Size
1,267
$/SqFt
2
car garage
2024
Year Built
46
DOM
For Sale
Single Family Residence
$ 3,400,000
422 Bay
Newport Beach, CA 92661
MLS#: NP24034851
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.
Listing offered by: DiTolla Real Estate | Jodi DiTolla
949.933.1367
tom@wbayrealty.com
DRE: #02087762
1425 West Bay Avenue, Newport Beach, CA 92661
The property information provided on this website is derived from various sources that may include, but are not limited to, local records and the Multiple Listing Service, and may include approximations. Although the information is believed to be accurate, it is not warranted, and should always be personally verified. No financial or legal advice is hereby provided. West Bay Realty fully supports, is committed to, and abides by the principles of the Fair Housing Act and the Equal Opportunity Act. © Copyright 2023 West Bay Realty. All Rights Reserved.