Discover coastal living at its finest in this beautiful Balboa Island home. Located just two blocks from the ferry on the sunny side of the street, this residence offers three spacious bedrooms, two and a half baths, and an additional loft. With abundant bright and open living spaces, the open floor plan includes a gourmet kitchen with stainless steel appliances, granite countertops, and a large island. The master suite features a walk-in closet and en-suite bathroom. The outdoor living spaces include a charming courtyard perfect for enjoying ocean breezes. The property comes with a short-term rental permit and boasts a strong rental history, making it a great investment opportunity. The one-and-a-half-car garage with an adjacent carport adds valuable storage and parking. Perfect for full-time living, a vacation getaway, or a turnkey rental, 127 Pearl Ave is a rare find in the heart of Balboa Island.
Property Details
Property Features
Property Information:
Architectural Style: Cape Cod
Year Built: 1984
Stories: 2
Living Area: 2,752 SqFt
Listing Office:
Office Name: Compass
Office Email: annie.clougherty@compass.com
Listing Agent: Annie Clougherty
Interior Features
Interior Information:
Appliances: Stove, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Trash Compactor, Tankless Water Heater
Flooring Type: Carpet, Wood
Interior: Beamed Ceilings, Breakfast Bar, Built-in Features, Balcony, Cathedral Ceiling(s), Dry Bar, Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, High Ceilings, Pantry, Recessed Lighting, Storage, Unfurnished, All Bedrooms Up, Primary Suite, Walk-In Pantry
Fireplace: Living Room
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Beach
View: Neighborhood
Exterior: Lighting
Parking Information:
Garage Space: 1 space
Attached Garage: Yes
Parking: Garage Faces Rear
Lot Features
Lot Information:
Lot: Landscaped
Lot Size: 0.06 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
School Info
Assigned Schools Information:
Corona Del Mar High School, Public District Grades 7-12
Abraham Lincoln Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: Marine to Park, make a right, then you will park at Pearl Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $4,295,000
Price Per SqFt: $1,561/SqFt
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Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $881.2K more than the Median Sold Price and $146/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: #NP24183411
Listing Office:
Office Name: Compass
Office Email: annie.clougherty@compass.com
Listing Agent: Annie Clougherty
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: 10/18/2024, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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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.
Elementary School
8
/10
Abraham Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school2.21 miles
Public District Grades KG-6
High School
8
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school2.20 miles
Public District Grades 7-12
Assigned Schools
8
/10
Abraham Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school2.21 miles
Public District Grades KG-6
Nearby Schools
8
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school1.16 miles
Public District Grades KG-6
9
/10
Harbor View Elementary School
900 Goldenrod Ave
Distance between this listing and this school1.71 miles
Public District Grades KG-6
Nearby Schools
8
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.35 miles
Public District Grades 7-8
9
/10
Vista Verde
6 Federation Way
Distance between this listing and this school4.36 miles
Public District Grades KG-8
7
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school5.52 miles
Public District Grades 6-8
Assigned Schools
8
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school2.20 miles
Public District Grades 7-12
Nearby Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.39 miles
Public District Grades 9-12
2
/10
Back Bay High School
390 Monte Vista Ave
Distance between this listing and this school3.31 miles
The neighbors living near this home have an average income of $89,674. Residents of Newport Beach, CA typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 127 Pearl
What is the listing price of this property?
The listing price of 127 Pearl property is $4,295,000.
What type of property is this?
The property 127 Pearl is a house located in Newport Beach, California, 92662.
Is this property for sale now?
Active Listing: 127 Pearl is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 127 Pearl are: Abraham Lincoln Elementary School: GreatSchools Rating 8/10Corona Del Mar High School: GreatSchools Rating 8/10
How many bedrooms and bathrooms does this property have?
The property at 127 Pearl has 3 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 127 Pearl is 2,752 SqFt (source: MLS/tax record).
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This home is located at 127 Pearl in Newport Beach, CA and zip code 92662 in the Balboa Island neighborhood. This 2,752 square foot home, which was built in 1984, sits on a 0.06 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $4,295,000.
While more than 6 listings in Newport Beach, CA in September 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 58 were sold below. The number of listings in Newport Beach, CA increased by 2.6% between August 2024 and September 2024. In September 2024 median list price was $3,413,750 and the average listing age was 51 days.
From Rocket Homes Real Estate and based on county public records data.