124 Turquoise Avenue Newport Beach, CA $ 4,850,000
124 Turquoise Avenue
$ 4,850,000
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124 Turquoise Avenue

Newport Beach, CA, 92662
$ 4,850,000
Bedrooms4 Baths4.0 Sq 2,430

Monthly Estimate*

$ 32,235

Listed by Douglas Elliman of California
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Multi-Family Home for sale in Newport Beach, CA

for $4,850,000 with 4 bedrooms and 4 full baths. This 2,430 square foot home was built in 2023 on a lot size of 0.06.

Balboa Island is one of Southern California’s most exclusive and charming beachside communities. This stunning home ideally positioned less than a block from the sand, embodies the traditional character with completely updated interior design to reflect today's on-trend style. Situated on the iconic street of Turquoise Ave., this home is three blocks from the iconic Balboa Ferry, allowing easy access to the Peninsula just across the water. This property boasts three bedrooms and three baths in the main house, and a darling and spacious one-bedroom apartment upstairs with striking unobstructed views of the water. The home has been thoughtfully curated to showcase its open concept main level, offering loads of space and natural light, with La Cantina accordion doors to the outdoor front seating area. The kitchen boasts upgraded stainless steel appliances and a wine fridge. The primary suite features ample space, a large finished walk-in closet, and a spa-style en-suite bath. Three original lead glass windows were restored and moved with new wood casements to maintain the classic elements of that original architecture and offer peek-a-boo views of the water from the main bedroom. Balboa Island’s allure remains steadfast, and residents take great pride in their homes in this beautiful and quaint community. Watch the famous Newport Boat Parade, celebrate the 4th of July, and sail or boat along the calm waters of the Harbor...it’s all at your fingertips from this gorgeous home.

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Multi-Family Active

Price

$ 4,850,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Custom

Lot Size

0.06

Year Built

2023

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

OC24053190

Days on Market

80

Features
General
Interior Features BuiltinFeatures Balcony CeilingFans OpenFloorplan QuartzCounters RecessedLighting BedroomonMainLevel PrimarySuite WalkInClosets
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities SeeRemarks
Possession CloseOfEscrow
Roof Composition
Appliances BuiltInRange ConvectionOven Dishwasher Freezer Disposal GasOven GasRange Microwave Refrigerator RangeHood SelfCleaningOven TanklessWaterHeater VentedExhaustFan WaterToRefrigerator Dryer Washer
HOA 0.0
Garage Spaces 2.0
Patio/Porch Features Deck FrontPorch
Architectural Style Custom
Pool Features None
Security Features Firewalls SmokeDetectors
Construction Materials Stucco WoodSiding
Year Built 2023
Electric Item220Volts
View Bay CityLights Coastline Harbor Landmark Marina Neighborhood Ocean
Stories 2
Levels Two
Property SubType Duplex
Waterfront Features BeachAccess
Community Features Biking Curbs Fishing Sidewalks WaterSports Park
Accessibility SeeRemarks
County Orange
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage Y
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Jamboree to Balboa Island down Marine Ave right on Park Ave left turn on Turquoise Ave.
High School Corona Del Mar
City Newport Beach
Entry Location Front of property
View Y/N Y
Senior Community Y/N N
High School District Newport Mesa Unified
NumberOfUnitsTotal 2
MLS Area N9 - Lower Newport Bay - Balboa Island
Lot Size Units SquareFeet
Lot Size Square Feet 2614.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Turquoise
Listing Terms CashtoNewLoan
Spa Features None
Elementary School Abraham Lincoln
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Current Financing Conventional
Middle/Junior High School Corona Del Mar
Property Condition Turnkey
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 59
Structure Type Duplex
Living Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Year Built Source Owner
Tax Lot 19
Property Sub Type Additional Duplex
Expected Active Date 2024-03-19
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Interior
Flooring SeeRemarks
Fireplace Features None
Total Stories 2
Common Walls Item1CommonWall NoOneAbove NoOneBelow
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Drapes InsulatedWindows
Fireplace Y/N N
Full Baths 4
Street Suffix Avenue
Laundry Features Inside UpperLevel
Total Bedrooms 4
Entry Level 1
Electric On Property Y/N N
Main Level Bedrooms 1
Main Level Bathrooms 1
Total Baths 4
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Exterior
Fencing Wood WroughtIron
Parking Features DirectAccess DoorSingle Garage GarageDoorOpener GarageFacesRear Storage
Lot Features Item01UnitAcre NearPark StreetLevel Walkstreet
Water Source Public
Total Parking 2.0
Lot Size Area 2614.0
Foundation Details Slab
Spa N
Lot Size Acres 0.06
Road Surface Type Paved
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 124
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* Excluded Features
List By
Douglas Elliman Of California

Broker

(949) 270-0440

Phone

Affordability Calculator

$32,235
Per Month
100%
0%
0%
Monthly Principal & Interest
$32,235
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4339013 Elementary School
4339189 Middle School
Corona Del Mar High School High School
Pricing History
DatePricePrice ChangeDescription
3/19/2024$4,850,000 Listed Price

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124 Turquoise Avenue, Newport Beach, CA, 92662 is a Multi-Family Home for sale at $4,850,000 with 2,430 sqft and a lot size of 0.06. 124 Turquoise Avenue has 4 bedrooms, 4.0 baths, and was built in 2023. The property's zip code is 92662 which is in Newport Beach, CA