This charming home is looking for a savior! Born in 1928 and delivered by a boat builder, updated with plumbing and electricity in 1947/48 and an addition of an apartment in 1967. This is the best of the older charm of Balboa Island that is so highly sought after! And the bonus here is no flood insurance! In talking with the powers that be, at the city, this beauty has been re-mapped on the FEMA flood map and “is not” in a potential flood area…could be a savings of several thousand a year for the life of the loan! Please confirm for your own information… Same owner since 1990. In great condition and well cared for this is a prime property to add to your portfolio! The front home is 2 bedroom and 2 bath and the upstairs apartment is 2 bedroom and 1 bath. Two car garage included… Just one block to the north bay front and two blocks to the south bay front! Enjoy the quaint down town with in walking distance… Coffee shops for all. We even have our own US Post Office! And a wonderful grocery store coming soon! The volunteer association puts on wonderful community functions and the famous Christmas Boat Parade surrounds us. Come join the fun of this historic town! Rent one unit and use the other for yourself or easily turn this wonderful piece of Island history into a single family home by opening the stairwell to combine the two units into one home... Treat yourself to the wonderful lifestyle of Balboa Island. There is no place like it on earth!
Other, Craftsman, Cottage, 2 Story
2 Full/1 Three-Qtr
Gas Water Heater
2,036 sq. ft
Yes - 2 spaces
Balboa Island - Main Island (Balm)
Newport Mesa Unified
Detailed Room Information
- Living Room
- First Floor Bedroom
- Hookups in Garage
- Counter Top - Formica, Galley Kitchen
- Dishwasher, Gas Oven, Refrigerator
- Wood. Forced Air, Stove.
- Part Copper Plumbing
- Guest Facilities
- Living Room, Gas Starter, Freestanding.
- Additional Interior Features
- Beamed, Corian Counter, Unfurnished
Exterior / Lot Features
- 2 Garage Spaces. 2 Parking Spaces. Storage Room, On Site.
- Stucco, Brick
- Balcony, Deck, Brick, Patio
- Lot View
- Additional Exterior/Lot Features
- Fishing, Sidewalks. Curbs Walk, Storm drains.
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Source: Sperling's Best Places
Median List Price $2,287,500
Median Sold Price $1,830,000
Days On Site 117
Sales-List Price 96.7%
SOURCE: California Regional MLS