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116 Abalone Ave, Newport Beach, CA 92662
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116 Abalone Ave Newport Beach, CA 92662

$5,495,000
  • 4 Beds
  • 2 Baths
  • 2,095 Sq.Ft.
For Sale
$5,495,000 Get Pre-Qualified
Map preview of 116 Abalone Ave, Newport Beach, CA 92662

Property Overview: 116 Abalone Ave Newport Beach, CA has 4 bedrooms, 2 bathrooms, 2,095 living square feet and 3,825 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Once-in-a-lifetime opportunity to own an incredible 4-bedroom, 5-bath home at one of Balboa Island’s best locations. Seated on a 45 x 85-foot over-sized lot, just 4 doors from the South Bayfront on coveted Little Balboa Island, this captivating cottage offers relaxed beach living with endless possibilities. Just past its white picket fence and sunny front patio, the main level offers wood floors, a large living room with fireplace, upgraded kitchen, formal dining room, an office/den (or 5th bedroom), and a private rear casita with bedroom and bath. The first level also showcases an expansive interior courtyard with fireplace, perfect for year-round outdoor entertainment. The second level features three bedrooms and two baths, including a primary suite with built-in storage and two walk-in closets. 116 Abalone provides a fantastic opportunity for buyers seeking a timeless residence with unique charm and designer touches, nestled on a spacious lot in the heart of the Little Island.

Listed by Donald Abrams | BRE #01234323 | Abrams Coastal Properties
Co-listed by Ryan Gunderson | BRE #01869795 | Arbor Real Estate
Last checked: 14 minutes ago | Last updated: May 18th, 2024 | Source CRMLS | DOM: 13
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Home details

Lot Sq. Ft
3,825
HOA Dues
$0/mo
Year built
1937
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
NP24089519
City
Newport Beach
County
Orange
Time on Site
12 days

Open Houses for 116 Abalone Ave

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Property Details for 116 Abalone Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Living Room, Patio
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • Eating Area: Dining Room
  • Flooring: Wood
  • Family Room, Living Room, Main Floor Bedroom, Primary Bedroom
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Cooktop
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 2
  • # of Baths (1/4): 0
  • # of Baths (3/4): 2
Interior Features
  • Built-in Features, Crown Molding
  • Levels: Two
  • Door Features: French Doors
Exterior Features
Exterior Information
  • Lighting
  • Has Fence
  • Wood
  • Other Structures: Guest House Detached
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Brick, Patio
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage Faces Rear, Garage - Three Door
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 05018205
  • Year Built Source: Assessor
  • Architectural Style: Cottage
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: 2+ Access Exits
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Available, Sewer Connected, Underground Utilities
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Little Island (BALL)
  • Directions: Drive onto Balboa Island via Marine Ave., left on Balboa Ave. cross bridge to Little Island, right on Abalone Ave. Cross Streets: Park and Abalone Ave.
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
Neighborhood Information
  • Community Features: Curbs, Fishing, Watersports, Sidewalks, Street Lights
View more facts & features

Local Newport Beach Agent

Sale History for 116 Abalone Ave

Last sold for $3,100,000 on May 4th, 2017

  • May, 2024

  • May 6, 2024

    Date

    Active

    CRMLS: NP24089519

    $5,495,000

    Price

  • May, 2017

  • May 4, 2017

    Date

    Sold (Public Records)

    Public Records

    $3,100,000

    Price

  • May, 1995

  • May 22, 1995

    Date

    Sold (Public Records)

    Public Records

    $875,000

    Price

Show More

Tax History for 116 Abalone Ave

Assessed Value (2020): $3,289,744
Year Land Value Improved Value Assessed Value
2020 $3,209,119 $80,625 $3,289,744

Home Value Compared to the Market

This property vs the competition

116 Abalone Ave is listed 27.83% higher than the median list price for the city of Newport Beach which has a median list price of $4,298,800. The median price per/sqft for Newport Beach is $1,506 and this home is listed at $2622.91 per/sqft which puts the price per square foot 74.16% higher than the median price per square foot for the city of Newport Beach.

About 116 Abalone Ave

Detailed summary of property

116 Abalone Ave is a single family home located in Newport Beach, CA 92662 and is currently for sale. This house offers 4 bedrooms, 2 bathrooms, roughly 2,095 living square feet, and sits on an approximately 3,825 square foot lot. 116 Abalone Ave was first listed on ArdentRealEstateGroup.com on May 6, 2024. The homeowner is currently asking $5,495,000. The median priced home in Newport Beach is $4,298,800 with a median price per square foot of $1,506. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 27.83% higher than the median priced home. Local competing homes currently for sale include 317 E Bay Ave, 200 E Balboa Blvd and 1435 High Bluff Dr. While the average home in Newport Beach, CA is selling in 73 days, 116 Abalone Ave has a days on market of 13 days. There are currently 293 homes for sale in the Newport Beach real estate market and 219 of them are single family homes while 63 of them are condos and 11 are townhomes. For more information on this home for sale at 116 Abalone Ave Newport Beach, CA 92662 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 116 Abalone Ave

Public county record property details
Beds
2
Baths
3
Year built
1937
Sq. Ft.
2,095
Lot Size
3,825
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
22
APN
050-182-05

The source for these homes facts are from public records.

92662 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$5,495,000
Median List Price/Sq.Ft.
$2,379
Median Sold Price
$6,300,000
Median Sold Price/Sq.Ft.
$2,734
Total Inventory
11
Median Sale to List Price %
98.51%
Avg Days on Market
19
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (66.67%), Other (33.33%)

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Recently Sold Homes Near 116 Abalone Ave

106 Abalone Ave, Newport Beach, CA 92662
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107 Abalone Ave, Newport Beach, CA 92662
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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