127 Jade Avenue,  Newport Beach CA, 92662 (Residential)

5 beds , 2 Full/2 Three-Qtr/1 Half baths
2,171 sqft
Status: Sold
MLS#: NP15115751
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Last Updated: 12/5/2016 1:47 PM
Description for 127 Jade Avenue Newport Beach, CA 92662
Outstanding 5 bedroom, 4.5 bath corner home directly across the street from the Bay on peaceful and serene Little Balboa Island. 127 Jade has commanding Bay views, beamed ceilings throughout most of the home and two cozy wood burning fireplaces. The first level has a great room with fireplace that opens to a sunny Bay-view front patio and a large private interior patio. The second level has a master suite with Bay-view balcony and separate office, three guest bedrooms, a family room with fireplace and Bay view and a kitchenette. In addition there is an over-sized 526 sf two car-garage, electric cart parking on the side of the home, and an additional guest suite. The home can also be utilized as a duplex with a 3 bedroom front home and 2 bedroom rear apartment and would be an excellent vacation rental which could gross $100,000 or more per year. 127 Jade has all the benefits of living on the Bayfront with the advantages of being on an interior street. Do not miss this wonderful opportunity!
Price
Sold Price:
$2,800,000
Sold Date:09/09/2015
Orange
5
2 Full/2 Three-Qtr/1 Half
2,171 (approx)
NP15115751
Closed
Description
Outstanding 5 bedroom, 4.5 bath corner home directly across the street from the Bay on peaceful and serene Little Balboa Island. 127 Jade has commanding Bay views, beamed ceilings throughout most of the home and two cozy wood burning fireplaces. The first level has a great room with fireplace that opens to a sunny Bay-view front patio and a large private interior patio. The second level has a master suite with Bay-view balcony and separate office, three guest bedrooms, a family room with fireplace and Bay view and a kitchenette. In addition there is an over-sized 526 sf two car-garage, electric cart parking on the side of the home, and an additional guest suite. The home can also be utilized as a duplex with a 3 bedroom front home and 2 bedroom rear apartment and would be an excellent vacation rental which could gross $100,000 or more per year. 127 Jade has all the benefits of living on the Bayfront with the advantages of being on an interior street. Do not miss this wonderful opportunity!
Listing Information
Property Type: Single Family, Cape Cod, 2 Story
5 2 Full/2 Three-Qtr/1 Half
0.06 Acres 2,614 sq.ft. 2,171 (approx)
1961 Yes- 2 spaces
2 Brick, Stucco, Wood
Public Water Service
Sewer Connected, Sewer at Street
Underground
Neighborhood
School Information
District: Newport Mesa Unified
LINCOLN CDM CDM
Room Information
Bathrooms
2 2 1
Guest Room, Office
Master Suite, Walk-In Closet
Interior Features
Dishwasher, Garbage Disposal
Hardwood, Carpet and Other, Laminate
Central Air, Ceiling Fan(s)
Forced Air
Double Pane
Great Room
Mirrored Closet Door(s), Breakfast Bar, Beamed
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces, Garage
Wood, Stucco, Brick
Balcony, Concrete
Composition, Shingle
None
No Pool
Bay, City, Water
R1.5
Wood
Sidewalks, Street Lights, Sliding Glass Door, Exterior Lighting
Driving Directions
Marine to Park, go left, turn right on Jade Ave
Financial Considerations
05018322
Listing Price History

Newport Beach Real Estate

Newport Beach is located in California. Newport Beach, California 92662 has a population of 85,323.

The median household income in Newport Beach, California 92662 is $109,677. The median household income for the surrounding county is $75,566 compared to the national median of $53,046. The median age of people living in Newport Beach 92662 is 43.8 years.

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Courtesy: Abrams Coastal Properties Donald Abrams
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