Major Price Reduction on this outstanding Balboa Island Coastal 5-Bedroom, 5-Bath Coastal Duplex at a great Bay-View location near the Village Center. Completely remodeled and expanded in 1991 and beautifully remodeled again in 2022, 117 Marine showcases an inviting Cape Cod infused design with 3 bedrooms in the remarkable main home and 2 bedrooms in the spacious rear apartment. The first level of the main home is approached through a dutch door into the open floor-planned living and dining spaces. This level also provides a bedroom and 3/4 bath along with a front patio, 2-car garage, and side carport for up to 2 more cars. The second level offers a large primary suite with fireplace, and a guest bedroom with its own bath. The deluxe rear apartment has a private staircase and a comfortable living/dining space along with 2 en-suite bedrooms. All bedrooms on the upper level have high vaulted ceilings, and there is a roof deck on the third level with views of the Bay. There is also an interior doorway between the two units on the 2nd level should the new owner want to utilize the home as a single residence. 2022 improvements include NEW: Roof, AC units, Wolf Range, LG Deluxe Washer and Dryer, Electric Canopy, Quartz Kitchen Counters, Motorized Blackout Shade in the primary bedroom, fresh paint inside and out, and new wood floors on 2nd level. This turnkey home, which could include furnishings, is ready for its new owner to enjoy life on Balboa Island!
Property Details
Property Features
Property Information:
Architectural Style: Cape Cod
Year Built: 1940
Stories: 1
Living Area: 2,279 SqFt
Listing Office:
Office Name: Abrams Coastal Properties
Office Phone: (714) 325-9055
Listing Agent: Donald Abrams
Interior Features
Interior Information:
Appliances: Convection Oven, Dishwasher, Disposal
Flooring Type: Laminate
Interior: Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Furnished, Granite Counters, Multiple Staircases, Open Floorplan, Quartz Counters, Bedroom on Main Level, Primary Suite
Fireplace: Great Room, Living Room, Primary Bedroom
Bedroom and Bathroom Information:
Full Bathrooms: 5
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: No
View: Bay
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Garage Faces Rear
Lot Features
Lot Information:
Lot Size: 0.06 Acres
Utilities
Utilities Information:
Heating: Central, Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: Jamboree Avenue to Marine Avenue to 117
Price Information
Listing Price Info
Price Summary:
List Price: $4,395,000
Price Per SqFt: $1,928/SqFt
Tax Information:
Annual Amount: $18,103
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $895K more than the Median Sold Price and $502/SqFt more than other homes in Newport Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #NP24160131
Listing Office:
Office Name: Abrams Coastal Properties
Office Phone: (714) 325-9055
Listing Agent: Donald Abrams
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 6:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 27, 2000
Jul 27, 2000Home Sold
$1,200,000
Jun 04, 1997
Jun 04, 1997Home Sold
$720,000
May 22, 1991
May 22, 1991Home Sold
$40,636
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$18,103
$1,670,514
2020
$17,928
$1,653,385
2019
$17,214
$1,620,966
2018
$17,214
$1,589,183
2017
$16,910
$1,558,023
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Harbor View Elementary School
900 Goldenrod Ave
Distance between this listing and this school1.19 miles
Public District Grades KG-6
8
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school1.65 miles
Public District Grades KG-6
8
/10
Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school1.71 miles
Public District Grades KG-6
Nearby Schools
8
/10
Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.82 miles
Public District Grades 7-8
9
/10
Vista Verde K - 8 School
6 Federation Way
Distance between this listing and this school3.98 miles
Public District Grades KG-8
7
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school5.96 miles
Public District Grades 6-8
Nearby Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.82 miles
Public District Grades 9-12
8
/10
Corona Del Mar Middle and High School
2101 Eastbluff Dr
Distance between this listing and this school2.11 miles
Public District Grades 7-12
10
/10
Early College High School
2990 Mesa Verde Dr E
Distance between this listing and this school3.34 miles
The neighbors living near this home have an average income of $97,018. The majority of Newport Beach, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
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This home is located at 117 Marine Ave in Newport Beach, CA and zip code 92662 in the Balboa Island neighborhood. This 2,279 square foot home, which was built in 1940, sits on a 0.06 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $4,395,000.
In November 2024, from all listings sold in Newport Beach, CA there were more than 9 sold above asking price, over 48 sold below and more than 14 were sold right at the asked price. In November 2024 in Newport Beach, CA there were 2.5% less homes for sale than in October 2024. In November 2024 median list price was $3,500,000 and the average listing age was 43 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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