3 months on rocket

117 Marine Ave, Newport Beach, CA, 92662

$4,495,000

5 Bedrooms
5 Full Baths
2,279 SqFt
$1,972/SqFt
Multi

Location

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Property Highlights

Home TypeDuplex
ParkingGarage Faces Rear
Attached Garage2 spaces
Year Built1940
HeatingCentral, Forced Air
CoolingCentral Air
FireplaceGreat Room, Living Room, Primary Bedroom
ViewBay
MLS #NP24160131
Lot Size0.06 Acres
StatusActive

About 117 Marine Ave

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: $4,495,000
  • Price Per SqFt: $1,972/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.

Med. Sold Price

$3.4M

Med. Price/SqFt

$1,427

Avg. Days On Market

50

# of Sold Homes

68

117 Marine Ave vs Newport Beach

102 DAYS ON ROCKET

+52 Days

$4,495,000

+$1.0M More

$1,972/SqFt

+$545 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $545/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

IDX 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: 11/17/2024, 10:21:08 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

Jul 27, 2000Home Sold
$1,200,000
Jun 04, 1997Home Sold
$720,000
May 22, 1991Home Sold
$40,636

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$22.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.5K

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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.

Nearby Schools

school-card-donut-379836
9
/10
  • Harbor View Elementary School

  • 900 Goldenrod Ave

  • 1.19 miles

  • Public District Grades KG-6

school-card-donut-379837
8
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 1.65 miles

  • Public District Grades KG-6

school-card-donut-379838
8
/10
  • Lincoln Elementary School

  • 3101 Pacific View Dr

  • 1.71 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $97,018. Typical income of Newport Beach, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaOrange CountyNewport Beach92662117 Marine Ave

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 $4,495,000.

While more than 6 listings in Newport Beach, CA in October 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 52 were sold below. The inventory of homes for sale in Newport Beach, CA between September 2024 and October 2024 increased by 2.6%. While the average time on the market in October 2024 was 50 days, the median list price was $3,475,000.

From Rocket Homes Real Estate and based on county public records data.

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