Newport Beach, CA 92662,320 Grand Canal

$3,200,000

$3,200,000

Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

2,209 SqFt


SOLD DATE : 04/06/2020

Key Details

Sold Price $3,200,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,209 sqft

Price per Sqft $1,448

Subdivision Balboa Island - Little Island (Ball)

MLS Listing ID NP20069354

Sold Date 04/06/20

Bedrooms 4

Full Baths 4

Construction Status Turnkey

HOA Y/N No

Year Built 1992

Lot Size 2,178 Sqft

Property Description

SOLD OFF-MARKET BEFORE PROCESSING IN THE MLS. Sensational 4-bedroom, 4-bath waterfront home on Little Balboa Island’s beautiful Grand Canal. Remodeled in 2017, the first-floor great room looks out to the Canal and the home's pier through two sets of glass doors and a Dutch-entry door. The great room encompasses a large living area with fireplace, separate dining area, and kitchen with eating bar. Perfect for guests or those wanting to avoid stairs, the home comes equipped with a highly desirable 1st-floor en suite bedroom. The 2nd level provides a spacious master suite with its own small deck, 2 guest bedrooms and baths, and a cozy bonus room. Looking to glorious Bay and sunset views, the 3rd level showcases a large roof deck with BBQ, sink, refrigerator, complete with romantic string lights. Additionally, there is a garage and carport plus central AC. The home has been a successful licensed vacation rental leasing at $5,800 per week in peak season. Little Balboa Island provides wide streets, underground utilities, and no flood insurance requirement. Enjoy Island life at 320 Grand Canal as a full-time home in paradise, or use part-time and let rentals help pay your taxes and mortgage!

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Zoning R1.5

Rooms

Main Level Bedrooms 1

Interior

Interior Features Balcony, Dumbwaiter, High Ceilings, Multiple Staircases, Stone Counters, Recessed Lighting, Storage, Bedroom on Main Level, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Carpet, Laminate

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator

Laundry In Garage

Exterior

Exterior Feature Dock

Garage Spaces 2.0

Garage Description 2.0

Fence Wood

Pool None

Community Features Curbs, Street Lights, Sidewalks

Waterfront Description Canal Front

View Y/N Yes

View Bay, Bridge(s), Canal, City Lights, Harbor, Water

Porch Brick, Patio, Rooftop, See Remarks

Attached Garage Yes

Total Parking Spaces 2

Private Pool No

Building

Story Two

Entry Level Two

Sewer Sewer Tap Paid

Water Public

Architectural Style Patio Home

Level or Stories Two

New Construction No

Construction Status Turnkey

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 05020203

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Donald Abrams • Abrams Coastal Properties
Bought with Georgie Fenton • Coldwell Banker Realty
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