205 Topaz Avenue, Newport Beach

$1,999,000

3 Beds
3 Baths
1,335 Sqft
.06 Acres
0 Garages

A truly unique opportunity to become part of the lifestyle and incomparable charm of Balboa Island. This vintage 1928 Balboa Island cottage has been enhanced and updated over the years, but remains a faithful steward of Balboa’s celebrated legacy. Once featured on the Balboa Island Cottage Home Tour, this cozy home is light and bright with 3 Bedrooms, 3 baths and many architectural details; Dutch door, wood burning fireplace, loft, artisan tile work and wood beamed vaulted ceilings. Located on the sunny side of the street at the quiet West end of Island, 205 Topaz is one block to the sand at South Bayfront; a short distance to a public guest dock on North Bayfront; and graces visitors with sparkling street-side views of the iconic Balboa Pavilion day and night. This highly coveted location is near award-winning schools, Balboa Island Park, shopping, dining and the legendary Island Ferry which shuttles cars, residents and visitors across the bay to beautiful Newport Beaches. Personalize the existing home and guest suite as an island-casual vacation hideaway, or build a dream home – the possibilities are endless. Attractively priced as one of the island’s most affordable full-size parcels. Changes in CA housing laws now restrict the reuse/repurposing of existing homes. Please check with the City of NB. If you are searching for a site to build your dream home this is the most attractive property for a new single family home.

Essential Information
MLS® #OC19260182
Price$1,999,000
Bedrooms3
Bathrooms3.00
Full Baths1
Half Baths1
Square Footage1,335
Acres0.06
Year Built1928
TypeResidential
Sub-TypeSingle Family
StyleCottage
StatusActive
Community Information
Address205 Topaz Avenue
CityNewport Beach
CountyOrange
StateCA
Zip Code92662
Area

Lower Newport Bay - Balboa Island (N9)

Subdivision

Balboa Island - Main Island (BALM)

Amenities
ParkingDriveway - Pavers, Uncovered
ViewNo View
PoolNone
Utilities

Cable Available, Electricity Connected, Natural Gas Connected, Telephone - In Street, Sewer Connected, Water Connected

Interior
HeatingNone
CoolingNone
FireplaceYes
FireplacesLiving Room, Gas Starter, Wood
# of Stories1
StoriesOne Level
Interior Features

Cathedral-Vaulted Ceilings, Ceiling Fan, Tile Counters

Appliances

Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator

Exterior
RoofComposition
FoundationRaised
Lot Description

Lot Shape-Rectangular, Lot-Level/Flat

School Information
DistrictNewport Mesa Unified
Additional Information
Date ListedNovember 5th, 2019
Days on Market152
ZoningR-BI
HOA Fees0.00
Listing Details
AgentAlvin Gels(01436554)
OfficeColdwell Banker Res. Brokerage
Property History
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
Price Reduced from $2,099,000 to $1,999,000

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Based on information from California Regional Multiple Listing Service, Inc. as of April 5th, 2020 at 10:13pm PDT. 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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