Own Your Slice of California Paradise: Exquisite Oceanfront

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Townhome/Townhouse For Sale

200 E Oceanfront

Newport Beach, California 92661

Orange County Ocean View: Yes

Community: Balboa Peninsula (Residential) (BALP)

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$8,000,000 5 br, 4.0 bath 2428 sq. ft. 0.060 acres

Own Your Slice of California Paradise: Exquisite Oceanfront Duplex with Established Rental Income

For the discerning investor and coastal enthusiast, presenting 200 E Oceanfront, Newport Beach--a rare opportunity to secure a piece of the California coastline with built-in revenue. This premier corner lot duplex offers unparalleled versatility.

Spanning 2,428 square feet on a 30 ft wide corner lot, this meticulously designed property features two distinct, beautifully appointed units. The expansive 4-bedroom, 3-bathroom front home boasts breathtaking, unobstructed ocean views, perfect for entertaining and serene relaxation. The charming 1-bedroom, 1-bathroom rear unit offers delightful Pacific Ocean vistas from its living and dining areas, ideal for short-term rentals or as a cozy retreat for guests.

This property seamlessly merges investment with lifestyle, boasting two highly coveted short-term lodging permits and a proven rental history. With future bookings already secured, you can enjoy a steady revenue stream from the moment you acquire. Additionally, the property provides the unique advantage of generating income while you develop and approve new building plans for the site should you decide to pursue future expansion.

Situated in the vibrant heart of the Balboa Peninsula, this location offers unrivaled access to world-class dining, upscale shopping, exciting entertainment, recreational activities, and, of course, the pristine California coastline--all just steps away.

200 E Oceanfront is more than a residence; it allows access to an exquisite lifestyle and a savvy investment opportunity. Wake up to the soothing sounds of the ocean, with the confidence that your investment is generating solid returns.

Interior:
  • Bedrooms: 5
  • Baths: 4.0
  • Sq Ft: 2428
  • Year Built: 1930
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 2
  • Heat/AC: Fireplace
  • Garage: Garage
Exterior:
  • Lot Size: 0.060 acre
  • Lot Dimensions: 
  • View Types: Ocean, Water
  • Yard: 
  • Siding: Wood Siding
  • Roof: Composition
  • MLS #: NP24122497
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Contact Information:
Beach Townhome/Townhouse For Sale in Newport Beach, California
Listing Agent: Tyler Brown, Compass, 949-220-4409, 949-438-4340 Listing Site, Listing Status: Active
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5060783
Viewed 86 times.
Updated: Dec 20, 2024

This property is a Townhome/Townhouse located at 200 E Oceanfront, Newport Beach, California 92661, and is currently For Sale at $8,000,000. This Townhome/Townhouse has 5 bedrooms, 4.0 baths, 2428 sq ft.