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307 Anade AVE Newport Beach, CA 92661
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Key Details
Sold Price $2,850,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,189 sqft
Price per Sqft $1,301
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID OC24046713
Sold Date 03/07/24
Bedrooms 4
Full Baths 4
Half Baths 1
HOA Y/N No
Year Built 1961
Lot Size 2,178 Sqft
Property Description
STEPS to BOTH the Newport Bay and the sandy beach, and just a few short blocks to the Balboa Fun Zone, dining, shopping and the Balboa Island Ferry, this truly unique residence is nestled within the "Super Seven" of the Balboa Peninsula—streets predominantly occupied by long-term owners.
This versatile floor plan offers the flexibility to function as EITHER a duplex OR a single-family residence. Currently, it features a two-bedroom, two and a half-bath main unit AND a separate two-bedroom, two-bath upper unit, each with its own amenities! This one-of-a-kind property seamlessly blends personal luxury with investment potential, boasting open concept living spaces and an upstairs guest/rental unit that can be integrated with the main home if desired. Thoroughly updated, the recent remodel of the “main house” introduced hardwood flooring in the large great room that opens to both the front sunny patio and the gourmet kitchen with quartz counters, and premium LG & Samsung appliances. There is an oversized main level bedroom with adjacent full bath, along with a powder bath for guests. The second level master or primary suite stands out with its vaulted ceiling, cedar walk-in closet, and luxury fittings. The second unit has an optional exterior staircase entry to its family room with vaulted ceilings and a sunny balcony, open kitchen, private laundry, and 2 additional en suite bedrooms with private bathrooms.
For added comfort, central heating and AC are available downstairs, while the upstairs rooms benefit from four mini-split units. An owned solar panel system with a backup battery ensures eco-friendly power. Additional features include a tankless water heater, full pex repipe, water filtration, and smart-home crestron automation, all complemented by an oversized two-car garage. Such versatile homes on the Balboa Peninsula are rare, making this a prime opportunity in a coveted location to enjoy beach-life all year around or easily rent out a portion of the home short or long term.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Main Level Bedrooms 2
Ensuite Laundry Inside
Interior
Interior Features Beamed Ceilings, Balcony, Ceiling Fan(s), Crown Molding, Separate/Formal Dining Room, Eat-in Kitchen, Quartz Counters, Recessed Lighting, Bedroom on Main Level, Walk-In Closet(s)
Laundry Location Inside
Heating Central, Solar
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Freezer, Gas Cooktop, Gas Oven, Microwave, Refrigerator
Laundry Inside
Exterior
Exterior Feature Lighting
Garage Direct Access, Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Waterfront Description Ocean Side Of Freeway,Ocean Side Of Highway
View Y/N Yes
View Neighborhood
Porch Front Porch
Parking Type Direct Access, Garage
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 04805121
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Tim Smith • Coldwell Banker Realty
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