217 Topaz Avenue Newport Beach, 92662

Bedrooms:
4
Bathrooms:
3
Square Feet:
2,036 sqft
Price $2,200,000 .00
Approx /month
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Sale Price:
$2,200,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$0
Insurance: (year)
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Virtual Tour of 217 Topaz Avenue , Newport Beach 92662

Property Description

This charming home is looking for a savior! Born in 1928 and delivered by a boat builder, updated with plumbing and electricity in 1947/48 and an addition of an apartment in 1967. This is the best of the older charm of Balboa Island that is so highly sought after! And the bonus here is no flood insurance! In talking with the powers that be, at the city, this beauty has been re-mapped on the FEMA flood map and “is not” in a potential flood area…could be a savings of several thousand a year for the life of the loan! Please confirm for your own information… Same owner since 1990. In great condition and well cared for this is a prime property to add to your portfolio! The front home is 2 bedroom and 2 bath and the upstairs apartment is 2 bedroom and 1 bath. Two car garage included… Just one block to the north bay front and two blocks to the south bay front! Enjoy the quaint down town with in walking distance… Coffee shops for all. We even have our own US Post Office! And a wonderful grocery store coming soon! The volunteer association puts on wonderful community functions and the famous Christmas Boat Parade surrounds us. Come join the fun of this historic town! Rent one unit and use the other for yourself or easily turn this wonderful piece of Island history into a single family home by opening the stairwell to combine the two units into one home... Treat yourself to the wonderful lifestyle of Balboa Island. There is no place like it on earth!

General Information

Price:
$2,200,000
Status:
Active
Listing Updated:
4/9/2020
List Date:
10/28/2019
Close Date
0000-00-00 00:00:00
Square Feet:
2,036
Bedrooms:
4
Bathrooms:
3
Garage Spaces:
2
Year Built:
1948
City:
Newport Beach
Zip:
92662
County:
Orange
MLS ID:
NP19252931
Listing Broker:
Lora Vance, Realtor
Listing Agent:
Marlys Vasterling
CalBRE#:
00889533

Home Features

Interior Features:
Balcony, Beamed Ceilings, Built-in Features, Ceiling Fan(s), Copper Plumbing Partial, Corian Counters, Formica Counters, High Ceilings, Living Room Deck Attached, Unfurnished
Exterior Features:
Kitchen Features:
Corian Counters,Formica Counters
Eating Area:
Dining Ell
Bath Features:
Bathtub,Shower,Shower in Tub
Appliances:
{Appliances}
Flooring:
Laminate
Laundry:
In Garage
Architectural Style:
Cottage,Craftsman
Levels:
Two
Fireplace Features:
Living Room, Gas Starter, Free Standing
Cooling:
None
Heating:
Central, Wall Furnace, Forced Air, Fireplace(s), Wood Stove
Utilities:
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Pool Type Features:
None
Spa Features:
None
Construction Materials:
Brick,Shingle Siding,Stucco
Roofing:
Water Source:
Public
Sewage:
Sewer Paid
Rooms Included:
Galley Kitchen,Kitchen,Living Room,Main Floor Bedroom
Accessibility Features:

Community Information

MLS Area:
N9 - Lower Newport Bay - Balboa Island

Lot Information

Lot Size (sq feet):
2,614

Location Information

Directions:
Jamboree to Balboa Avenue, right to Collins Avenue, Left to an immediate right to Topaz. Property is on the right...