122 Turquoise Ave, Newport Beach, CA 92662
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122 Turquoise Ave Newport Beach, CA 92662

$3,325,000 Sold Price as of 05/23/2022
  • 5 Beds
  • 4 Baths
  • 2,640 Sq.Ft.
Sold
$3,325,000 Sold Price as of 05/23/2022 Refinance Your Mortgage

Map preview of 122 Turquoise Ave, Newport Beach, CA 92662

Property Overview: 122 Turquoise Ave Newport Beach, CA has 5 bedrooms, 4 bathrooms, 2,640 living square feet and 2,550 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Experience the charm of Balboa Island; a quaint two-story duplex, located within the desirable 100 block of Turquoise Avenue. Filled with enduring classic details and a multitude of opportunities for a prospective owner or investors, all just a stone’s throw away from the south Bayfront Boardwalk. With an upper/lower configuration, the property’s first level affords a 2 bedroom, 2 bath residence with an expansive front patio. The living room, with updated flooring, has a beautiful brick-adorned fireplace, a perfect gathering place. The upstairs residence presents 3 bedrooms and 2 baths, plus a large bonus room with vaulted beam ceilings. A tranquil private deck off the living room with views of the main harbor channel and stairway access from the front and rear of the property. Large two-car garage access from the alley is shared between the two properties. With the unique nature of the home backing to Collins Ave, this property experiences more open space and natural light from the backside of the home than typical. A rare opportunity in a spectacular location on the Island.

Listed by Timothy Tamura | BRE #01305097 | VALIA Properties
Co-listed by Steven Sergi | BRE #01417942 | VALIA Properties
Last checked: 3 minutes ago | Last updated: September 13th, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
2,550
HOA Dues
$0/mo
Year built
1914
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
NP22092385
City
Newport Beach
County
Orange
Time on Site
729 days

Property Details for 122 Turquoise Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • In Closet, In Garage
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • Family Room, Kitchen
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Bathroom Information
  • # of Baths (Full): 4
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Attached Garage
Lot Information
  • Lot Features: Level with Street, Rectangular Lot
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • Has View
  • View: Harbor
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 05006203
  • Year Built Source: Public Records
  • Architectural Style: Cottage
  • Property is not Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Schools
School Information
  • Elementary School: Abraham Lincoln
  • Elementary School: ABRLIN
  • High School: Corona Del Mar
  • High School: CODEMA
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Directions: from Marine Ave, right on Park Ave, left on Collins Ave, right on S Bayfront & right on Turquoise Ave.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 122 Turquoise Ave

Last sold for $3,325,000 on May 23rd, 2022
  • May, 2022

  • May 23, 2022

    Date

    Sold

    CRMLS: NP22092385

    $3,325,000

    Price

  • May 4, 2022

    Date

    Active

    CRMLS: NP22092385

    $3,150,000

    Price

  • July, 2007

  • Jul 13, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 122 Turquoise Ave

Assessed Value (2020): $216,030
Year Land Value Improved Value Assessed Value
2020 $166,343 $49,687 $216,030

Home Value Compared to the Market

This property vs the competition

122 Turquoise Ave sold on May 23, 2022 for 14.86% lower than the current median sold price for the city of Newport Beach which is $3,700,000. The median sold price per/sqft for Newport Beach is $1,360 and this home is sold at $1193.18 per/sqft which puts the price per square foot 12.27% lower than the current median sale per square foot for the city of Newport Beach.

About 122 Turquoise Ave

Detailed summary of property

122 Turquoise Ave is a duplex that recently sold in Newport Beach, CA 92662. This duplex offered 5 bedrooms, 4 bathrooms, roughly 2,640 living square feet, and sits on an approximately 2,550 square foot lot. 122 Turquoise Ave was first listed on ArdentRealEstateGroup.com on May 4, 2022. The homeowner sold the property for $3,325,000. Home in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 14.86% lower than the current median priced home. Local homes that are currently for sale include 121 45th St, 353 Hamilton St and 210 Grant St. While the average home in Newport Beach, CA is selling in 74 days, 122 Turquoise Ave has a days on market of 8 days. There are currently 269 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 55 of them are condos and 13 are townhomes. For more information on this home for sale at 122 Turquoise 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 122 Turquoise Ave

Public county record property details
Beds
--
Baths
--
Year built
1914
Sq. Ft.
2,640
Lot Size
2,203
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
20
APN
050-062-03

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
$4,949,000
Median List Price/Sq.Ft.
$2,379
Median Sold Price
$6,300,000
Median Sold Price/Sq.Ft.
$2,734
Total Inventory
10
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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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.