THE PROPERTY: Welcome to your slice of paradise on Balboa Island in Newport Beach! This exquisite property offers an unparalleled opportunity to own a top-performing restaurant with two stunning apartments above, all completely rebuilt to perfection in 2015.
THE RESTAURANT: Step into the heart of culinary excellence as you enter the spacious and inviting restaurant and bar area. Bathed in natural light pouring through large windows, this space exudes warmth and charm. With ample room for indoor and outdoor seating and a meticulously designed kitchen equipped with top-of-the-line appliances, it’s a dream canvas for creativity.
THE LOCATION
Situated in the heart of Balboa Island, this property enjoys a prime location in one of Newport Beach’s most coveted neighborhoods. Surrounded by quaint shops, charming cafes, and scenic waterfront vistas, residents and visitors alike are drawn to the vibrant energy and unparalleled beauty of this coastal community. With easy access to the Balboa Island Ferry, nearby beaches, and an array of recreational activities, the possibilities for adventure and relaxation are endless.
THE RESTAURANT: Step into the heart of culinary excellence as you enter the spacious and inviting restaurant and bar area. Bathed in natural light pouring through large windows, this space exudes warmth and charm. With ample room for indoor and outdoor seating and a meticulously designed kitchen equipped with top-of-the-line appliances, it’s a dream canvas for creativity.
THE LOCATION
Situated in the heart of Balboa Island, this property enjoys a prime location in one of Newport Beach’s most coveted neighborhoods. Surrounded by quaint shops, charming cafes, and scenic waterfront vistas, residents and visitors alike are drawn to the vibrant energy and unparalleled beauty of this coastal community. With easy access to the Balboa Island Ferry, nearby beaches, and an array of recreational activities, the possibilities for adventure and relaxation are endless.
Property Details
Price:
$5,950,000
MLS #:
OC24090681
Status:
Active
Baths:
0
Address:
501 Park Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Subdivision:
Balboa Island – Main Island BALM
Neighborhood:
n9lowernewportbaybalboaisland
City:
Newport Beach
Listed Date:
May 6, 2024
State:
CA
ZIP:
92662
Lot Size:
5,100 sqft / 0.12 acres (approx)
Year Built:
2015
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Schools
Interior
Cooling
Central Air
Heating
Central
Exterior
Community Features
Fishing, Watersports
Garage Spaces
1.00
Lot Features
Corner Lot
Parking Spots
1.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address501 Park Avenue Newport Beach CA
- AreaN9 – Lower Newport Bay – Balboa Island
- CityNewport Beach
- CountyOrange
- Zip Code92662
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Courtesy of Bayless Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
501 Park Avenue
Newport Beach, CA
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