133 Agate Avenue, Newport Beach

$4,495,000

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4 Beds
4 Baths
2,575 Sqft
.06 Acre
2 Garages

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.

Essential Information

MLS® #
OC22158822
Price
$4,495,000
Bedrooms
4
Bathrooms
4.00
Full Baths
3
Half Baths
1
Square Footage
2,575
Acres
0.06
Year Built
2006
Type
Residential
Sub-Type
Duplex
Status
Active

Community Information

Address
133 Agate Avenue
City
Newport Beach
County
Orange
State
CA
Zip Code
92662

Area

N9 - Lower Newport Bay - Balboa Island

Subdivision

Balboa Island - Main Island (BALM)

Amenities

Parking Spaces
4
# of Garages
2
Waterfront
Beach Access, Ocean Access
Pool
None

Parking

Attached Carport, Covered, Door-Single, Garage, Off Street, Oversized, Garage Faces Rear, Storage

Garages

Attached Carport, Covered, Door-Single, Garage, Off Street, Oversized, Garage Faces Rear, Storage

View

City Lights, Neighborhood, Panoramic

Interior

Interior
Stone
Heating
Central
Cooling
Central Air, Dual, Zoned
Fireplace
Yes
Stories
Three Or More

Interior Features

Beamed Ceilings, Built-in Features, Balcony, Ceiling Fan(s), Crown Molding, Coffered Ceiling(s), Furnished, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Paneling/Wainscoting, Recessed Lighting, Storage, All Bedrooms Up, Wine Cellar, Walk-In Closet(s)

Appliances

6 Burner Stove, Built-In Range, Convection Oven, Double Oven, Dishwasher, Gas Range, Ice Maker, Microwave, Refrigerator

Fireplaces

Decorative, Living Room, Master Bedroom, Raised Hearth, Masonry

Exterior

Exterior Features
Fire Pit

Lot Description

Corner Lot, Landscaped, Level, Rectangular Lot

School Information

District
Newport Mesa Unified

Additional Information

Date Listed
July 13th, 2022
Days on Market
72
HOA Fees
0.00

Listing Details

Agent
Drew Teicheira
Office
Harcourts Prime Properties
Property History
Price Reduced from $4,695,000 to $4,495,000
Price Reduced from $4,795,000 to $4,695,000
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
Price Increased from $3,500,000 to $4,795,000

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Based on information from California Regional Multiple Listing Service, Inc. as of September 28th, 2022 at 9:17pm 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.