Neighborhood: Balboa Island - Main Island (balm), N9 - Lower Newport Bay - Balboa Island
Enjoy this luxury, turnkey Duplex with your family as a primary residence, a beach house, or as a short term rental investment property that comes with 2 AirBnB permits and projected gross revenue of over $300,000 in 1 year. This property includes 2 separate rooftop decks, 4 car parking, a rare find on the Island, includes $200,000+ in recent upgrades, and can be sold fully furnished. Situated on an oversized, corner lot on Balboa Island, this custom Duplex is the epitome of luxury. The main home first floor has a spacious, open floor plan design with all the best, custom features: beautifully designed limestone fireplace, all Viking appliances, wine cellar, coffered wood ceilings to match the custom cabinetry and wainscoting, and Travertine flooring. On the second floor you will find the Primary Suite outfitted with vaulted, wood beam ceilings, a private balcony overlooking the neighborhood, a fireplace, and a walk-in closet. Additionally, there are 2 sizable bedrooms, a full bath with custom Walker Zanger marble tiling, and an office space perfect for WFH vacations and residence alike. The third floor consists of the spacious rooftop deck with plenty of space for multiple seating areas, a fireplace, and loungers - perfect for enjoying any summer day. With its own entrance, the separate, multilevel rear unit is perfect as an individual AirBnB or a private guest house. This impressive 1 bedroom, 1 bath suite is outfitted with all the same finishes as the main house and includes a gourmet kitchen with Viking appliances, an upstairs bedroom with en-suite bathroom, and its own private rooftop deck. Because of its rare location on an oversized, corner lot on Agate Avenue, this property provides easy access to the Balboa Ferry, Balboa Peninsula beaches, local food markets and Balboa Island restaurants, and everything Newport Beach has to offer.
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