Enveloped by the serene embrace of Belvue Lane, this exquisite coastal sanctuary is a true gem nestled within the idyllic Balboa Peninsula Point. Poised on a generous 4,000 square foot lot, this vintage residence exudes timeless elegance and invites endless imagination. Approaching this coastal haven, a picturesque white picket fence envelops the splendid front yard, adorned with a lush, blooming garden that leads to an inviting Dutch-door entry. Meticulously updated, the sun-drenched living spaces seamlessly flow towards a verdant lawn and a tranquil terrace, gracefully separating the charming two-bedroom cottage from an enchanting separate guest area or home office, all crowned by a welcoming garage. Whether one's vision leans towards restoring the original character of this endearing beachside bungalow or embarking on the creation of an opulent coastal retreat, the allure of Belvue Lane's picturesque promenade orientation is undeniable. A leisurely stroll away, the glistening shores and tranquil bay beckon, while Peninsula Point homeowners relish the offerings of a community racquet club and a neighborhood association bayfront BBQ area with a convenient boat launch. Nearby, the historic Balboa Village unfolds its eclectic tapestry of shops and restaurants, beckoning with its coastal charm. Included in this offering are City of Newport Beach approved architectural plans, artfully crafted by Bill Guidero, and landscape designs by Molly Wood Garden, envisioning a luxurious 3,800 square foot coastal masterpiece.
Sold for $4,500,000 on 04/30/24
Listing Provided by:
Robin McMonigle DRE #01197591 214-543-6903,
Compass
Bought with: RE/MAX ONE
$4,500,000
427 Belvue Ln, Newport Beach, CA 92661
3beds
1,200sqft
Single Family Residence
Built in 1951
4,000 Square Feet Lot
$4,696,300 Zestimate®
$3,750/sqft
$7,782 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 29, 2024 at 10:33am
Listing Provided by:
Robin McMonigle DRE #01197591 214-543-6903,
Compass
Bought with:
Kristy Wallick, DRE #02155985
RE/MAX ONE
Source: CRMLS,MLS#: NP23217026
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Cooling
- None
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,200 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 4,000 sqft
- Features: Back Yard, Front Yard
Details
- Parcel number: 04825122
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Sewer On Bond
- Water: Public
Community & neighborhood
Community
- Community features: Street Lights, Suburban
Location
- Region: Newport Beach
- Subdivision: Balboa Peninsula Point (Blpp)
Other
Other facts
- Listing terms: Cash to New Loan
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Estimated market value
$4,696,300