227 Sapphire Avenue,  Newport Beach CA, 92662 (Residential Income)

2,850 sqft
Status: Sold
MLS#: NP14221798
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Last Updated: 12/4/2016 2:10 PM
Description for 227 Sapphire Avenue Newport Beach, CA 92662
Extensively updated duplex on a wonderful corner lot in the highly desirable community of Balboa Island. The front home is freshly remodeled and features a spacious floor plan flowing from the open chef’s kitchen to the dining room, living areas with fireplace, bathroom, and outdoor spaces. Finishes of elegant bamboo flooring, stone, contemporary white cabinetry, stainless appliances, and slab counters, are found throughout. The upper level features vaulted ceilings, 3 bedrooms and 2 baths in a neutral palate. A charming upper level 1 bedroom 1 bath unit with open kitchen, vaulted ceilings, fireplace, loft area, and patio, is accessible from a separate entrance. Newly painted clapboard siding, Dutch doors and convenient 3 car garage parking complete the exterior. An enclosed upper corridor could be opened for a combined approximate 2,850 square feet between the two units. Sapphire presents numerous opportunities ranging from an income property, short-term vacation rentals, owner occupied front house with an income producing back unit, or an easily combined single family dwelling. Adjacent to all that Balboa Island has to offer, Fashion Island and Newport’s finest beaches.
Price
Sold Price:
$2,340,000
Sold Date:05/27/2015
Orange
2,850 (approx)
NP14221798
Closed
Description
Extensively updated duplex on a wonderful corner lot in the highly desirable community of Balboa Island. The front home is freshly remodeled and features a spacious floor plan flowing from the open chef’s kitchen to the dining room, living areas with fireplace, bathroom, and outdoor spaces. Finishes of elegant bamboo flooring, stone, contemporary white cabinetry, stainless appliances, and slab counters, are found throughout. The upper level features vaulted ceilings, 3 bedrooms and 2 baths in a neutral palate. A charming upper level 1 bedroom 1 bath unit with open kitchen, vaulted ceilings, fireplace, loft area, and patio, is accessible from a separate entrance. Newly painted clapboard siding, Dutch doors and convenient 3 car garage parking complete the exterior. An enclosed upper corridor could be opened for a combined approximate 2,850 square feet between the two units. Sapphire presents numerous opportunities ranging from an income property, short-term vacation rentals, owner occupied front house with an income producing back unit, or an easily combined single family dwelling. Adjacent to all that Balboa Island has to offer, Fashion Island and Newport’s finest beaches.
Listing Information
Property Type: Cluster, Traditional, 2 Story
0.06 Acres 2,614 sq.ft. 2,850 (approx)
$821.05 1976
Yes- 3 spaces 2
Clapboard
Public Water Service
Sewer Connected
2 Total
Neighborhood
Room Information
Living Room, Loft
1 Master Suite, Walk-In Closet
Laundry Area, Hookups in Garage
Interior Features
Dishwasher, Gas Range/Cooktop, Refrigerator
Carpet and Other, Stone, Bamboo
None
Living Room, Master Bedroom
Granite Counter Top, High Ceiling, Open Floor Plan, Recessed Lights
Exterior / Lot Features
3 Garage Spaces, 3 Parking Spaces, Garage
Clapboard
None
No Pool
30X85
Sidewalks
Driving Directions
Marine Ave onto the island, right on Balboa Ave
Financial Considerations
05009329
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: HOM Sotheby's International Re Mary Golding
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