307 Anade Ave Newport Beach, CA 92661

• March, 2024

• Mar 7, 2024

  Date

  Sold

  CRMLS: OC23168545

  $2,850,000

  Price

• Sep 8, 2023

  Date

  Active

  CRMLS: OC23168545

  $2,999,995

  Price

• Listing provided courtesy of CRMLS

  STEPS to BOTH the Newport Bay and the sandy beach, and just a few short blocks to the Balboa Fun Zone, dining, shopping and the Balboa Island Ferry, this truly unique residence is nestled within the "Super Seven" of the Balboa Peninsula—streets predominantly occupied by long-term owners. This versatile floor plan offers the flexibility to function as EITHER A DUPLEX OR a SINGLE-FAMILY residence. Currently, it features a two-bedroom, two and a half-bath main unit AND a separate two-bedroom, two-bath upper unit, each with its own amenities! This one-of-a-kind property seamlessly blends personal luxury with investment potential, boasting open concept living spaces and an upstairs guest/rental unit that can be integrated with the main home if desired. Thoroughly updated, the recent remodel of the “main house” introduced hardwood flooring in the large great room that opens to both the front sunny patio and the gourmet kitchen with quartz counters, and premium LG & Samsung appliances. There is an oversized main level bedroom with adjacent full bath, along with a powder bath for guests. The second level master or primary suite stands out with its vaulted ceiling, cedar walk-in closet, and luxury fittings. The second unit has an optional exterior staircase entry to its family room with vaulted ceilings and a sunny balcony, open kitchen, private laundry, and 2 additional en suite bedrooms with private bathrooms. For added comfort, central heating and AC are available downstairs, while the upstairs rooms benefit from four mini-split units. An owned solar panel system with a backup battery ensures eco-friendly power. Additional features include a tankless water heater, full pex repipe, water filtration, and smart-home crestron automation, all complemented by an oversized two-car garage. Such versatile homes on the Balboa Peninsula are rare, making this a prime opportunity in a coveted location to enjoy beach-life all year around or easily rent out a portion of the home short or long term.

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• March, 2024

• Mar 7, 2024

  Date

  Active

  CRMLS: OC24046713

  $2,850,000

  Price

• Mar 7, 2024

  Date

  Sold

  CRMLS: OC24046713

  $2,850,000

  Price

• December, 2023

• Dec 1, 2023

  Date

  Expired

  CRMLS: NP23156592

  $2,999,999

  Price

• Aug 23, 2023

  Date

  Active

  CRMLS: NP23156592

  $2,999,999

  Price

• Listing provided courtesy of CRMLS

• August, 2023

• Aug 15, 2023

  Date

  Canceled

  CRMLS: OC23082307

  $3,098,895

  Price

• May 20, 2023

  Date

  Active

  CRMLS: OC23082307

  $3,688,000

  Price

• Listing provided courtesy of CRMLS

  Major price reduction! A remarkable opportunity on the Balboa Peninsula, this exquisite personal residence or investment property boasts exceptional features and great income potential. Enjoy the convenience and privacy of a separate, outside entry 2/bed, 2/bath rental or guest unit, or seamlessly integrate it into the interior for a spacious, 4-bedroom residence. The property's versatility makes it a truly unique find in the market. Located on one of the most desirable streets on the peninsula, just 400 ft. from the water, and a short distance to downtown Balboa, the home offers an ideal coastal lifestyle. The layout comprises four bedrooms and 3 & 3/4 baths, including a full bedroom/bathroom on the main floor. The open concept living, dining and kitchen area on the main level creates a welcoming and functional space. Upstairs, a private and fully equipped 2-bed/2-bath guest/rental unit provides added flexibility and income potential. It features its own kitchen, laundry facilities, and a separate entrance, though it can be integrated into the main home as desired. The entire property has been thoroughly updated, including modern plumbing and electrical systems. In 2017 the home underwent an impressive remodel, featuring elegant, engineered hardwood flooring throughout (with the exception of the main floor bedroom carpet), and an entertainers kitchen with quartz counters, full backsplash, farm sink and top of the line LG & Samsung appliances. The master bedroom suite is now a true oasis, featuring a beamed, vaulted ceiling, a walk-in cedar closet, and luxurious amenities such as quartz counters, dual vanities with vessel sinks, a soaking tub and walk-in shower. To ensure comfort throughout the year, the home is equipped with central heating and air conditioning downstairs, and four newer mini-split units upstairs. The owned solar panel system with back-up battery provides efficient, eco-friendly electricity. Other thoughtful features include tankless water heating, water filtration system and smart-home automation. Completing this exceptional property is an oversized, 2 car garage, providing ample space for parking and storage. Homes of this caliber and versatility on the Balboa Peninsula are rarely available on the market. Don't miss the opportunity to own a true gem in this sought-after location.

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• October, 1997

• Oct 20, 1997

  Date

  Sold (Public Records)

  Public Records

  $450,000

  Price

• March, 1997

• Mar 28, 1997

  Date

  Sold (Public Records)

  Public Records

  --

  Price

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