$2,090,000 124 Agate Avenue Newport Beach, CA

MLS: OC17203056   Type: Pending   County: Orange   City: Newport Beach   Area: Lower Newport Bay - Balboa Island   Neighborhood: Balboa Island - Main Island   Zip: 92662   Style: Contemporary     Stories: 2

Mortgage $9,812 /mo



Half Baths

Sqr Footage

Lot Size








Conveniently located just steps from the ferryboat to the fun zone on Balboa Island, this stunning property boasts two separate dwellings, both of which have been taken down to the studs & rebuilt to the highest quality standards. Exterior has been updated with a beautiful rock & smooth stucco finish overlooking the privately owned parking area that can fit up to 6 cars (off street) & 1 car off the alley in the back! Rare to find a property on the island with this much parking! Owned (not leased) solar panels on the rooftop minimizes electric bills & adds tremendous value. Permits pulled, all new sewer, electrical & water lines. Income potential....live in either space & use the other for extended family, a rental or rent out both units. Both units are 2 bedroom/2 baths with open floorplans and have brand new doors, windows, tankless water heaters & wood style ceramic tile flooring throughout. Kitchens are open & spacious, complete with quartz counters, stylish backsplash, new stainless steel appliances & fixtures, brushed nickel hardware, custom lighting fixtures, recessed lighting and new custom cabinetry. All bathrooms have been updated with top of the line modern finishes including floating vanities & showers with feature wall & seamless glass closure. Laundry room for both units complete with washer and dryer that is included in the sale. Year-round enjoyment of Balboa Island living. Don't miss this one!

Elementary School

Middle School

High School

Abraham Lincoln
Distance: N/A Miles
Horace Ensign
Distance: N/A Miles
Corona Del Mar
Distance: 2.18 Miles

Price History

9/2/2017 Listed $2,298,000
11/8/2017 5% - $2,200,000
2/5/2018 5% - $2,100,000
2/22/2018 1% - $2,095,000
3/21/2018 1% - $2,090,000

Accessibility Parking
Attached Structure Detached
Co-Listing Agent Last Name Gina
Co-Listing Agent Last Name Strane
Co-Listing Agent State License # 01296474
Co-listing Agent Gina Strane - BRE#01296474
Community Features Curbs, Sidewalks
Directions Take Jamboree all the way onto the Island
Energy Efficient Appliances, Water Heater, Windows
Green Energy Generation Solar
Green Water Conservation Water-Smart Landscaping
HOA Fee 0.00
High School Corona Del Mar
High School 2 CODEMA
Lease Considered Y/N No
Levels Two
Listing Agent Kirby Ellis - BRE#00938001
Listing Agent State License 00938001
MLS Area N9 - Lower Newport Bay - Balboa Island
Price Per Square Foot 1306.25
Property Attached Y/N No
Property SubType Duplex
School District Newport Mesa Unified
Senior Community Y/N No
Spa Features None
Special Listing Conditions Standard
Subdivision Balboa Island - Main Island (BALM)
Subdivision Name Balboa Island - Main Island (BALM)
Zoning MU-W2 Mixed use

Interior Features

Air Conditioning Y/N No
Appliances Dishwasher, Electric Oven, Electric Range, Electric Stove, Free Standing Range, Freezer, Garbage Disposal, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater
Appliances Y/N Yes
Common Walls No Common Walls
Cooling None
Eating Area Breakfast Counter / Bar, Family Kitchen, In Living Room
Fireplace Features None
Fireplace Y/N No
Flooring Tile
Full + 3/4 Baths 4
Full Baths 4
Heating Wall Heater, Electric, Solar
Heating Y/N Yes
Interior Features Bar, Built-Ins, Open Floor Plan, Stone Counters
Laundry Features Dryer Included, Electric Dryer Hookup, Individual Room, Outside, See Remarks, Stackable, Washer Hookup, Washer Included
Laundry Y/N Yes
Main Level Bathrooms 2
Main Level Bedrooms 2
Room Type Great Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Two Masters
Total Stories 2
Utilities Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Window Features French/Mullioned, Solar Screens

Exterior Features

Architectural Style Contemporary
Attached Garage No
Carport Spaces 0.00
Construction Materials Drywall Walls, Stone
Exterior Features Awning
Facing Direction West
Fence Y/N Yes
Fencing Block, Wood
Foundation Details Concrete Perimeter, Slab
Garage Spaces 0.00
Land Lease Y/N No
Lot Features Corners Established, Level with Street, Lot-Level/Flat
Lot Size Source Assessor
Lot Size Square Feet 2614.00
Lot Size Units Square Feet
Other Structures Guest House Attached
Parking Features Uncovered, Driveway, Driveway - Concrete, Guest, On Site, Oversized, Parking Space, Side by Side, Off Street, Tandem Uncovered, See Remarks
Parking Y/N Yes
Patio Y/N Yes
Patio/Porch Features Concrete, Deck, Patio, Porch - Front, Slab, Wrap Around
Pool Features None
Private Pool Y/N No
RV Parking Dimensions 0
Road Surface Type Alley Paved, Maintained, Paved
Roof Composition, See Remarks
Sewer Public Sewer, Sewer Paid, Shared Septic
Spa No
Total Parking 7.00
Uncovered Spaces 7.00
View None
Water Source Public
Waterfront Features Ocean Side of Freeway, Ocean Side Of Highway 1

Property Schools

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Property vs Zip Code Avg (92662)

Price 2.09M Avg 3.29M

Sqr Feet 1,600 Avg 2,285

Cost / Sqr Ft $1,306 Avg $1,443

Acres 0.060009 Avg 0.07

Visits 359 Avg 235

Days on Site 386 Avg 226

Walkscore® 71 Avg 71

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Listing Provided Courtesy Of: Kirby Ellis with Realty National, Inc.

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Location & Address

The Kurt Real Estate Group - Kurt Galitski
2973 Harbor Blvd. #532
Costa Mesa, CA

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