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108 Park Ave, Newport Beach, CA 92662

Sale Price: $7,500,000
Sep 3, 20243,168 sqft5 beds5 baths
Listed by: Mary Hardesty
License #: 00396726
Phone #: 949-675-3612
Mary Hardesty Realty
Source:
CRMLS Logo
MLS #: NP24182349

Property Description

One of a Kind! Custom Quality Home & Apartment. Oversize Living Space ~ Oversize Lot ~ 3 Garages. Prime Location ~ Quiet West End of Balboa Island. Main Residence: 4 Bedroom | 4 Bath | Den | Laundry Room | 2 Downstairs Patios |Patio Balcony | Roof Deck | Air Conditioning. Apartment: 1 Bedroom | 1 Bath | Private Entrance | Stacked Washer/Dryer | Single Car Garage. Custom Designed to Provide Generous Living Spaces, Natural Light & Multiple Outdoor Areas to Relax or Entertain | Design Includes Sought After 1st Floor Bedroom Suite. Interior & Exterior Custom Crafted Finishes in Wood & Stone * Hardwood Floors * Crown Molding * High Baseboards * Beadboard Cabinetry * Wainscoting * Coffered & Tongue and Groove Ceilings * Recessed Lighting *Ceiling Fans * Alarm System * Copper Rain Gutters & Downspouts * French Doors Opening to multiple Outdoor Living Spaces * Spacious Roof Deck w/ Water Views, Built-in Viking BBQ & Market Lighting. Chef’s Kitchen features Viking Range, Sub-Zero Refrigerator, Double Oven, 2 Bosch Dishwashers, Calcutta Marble Countertops including a Center Island w/ additional Sink & Walk-In Pantry. Private Primary Bedroom Suite on 2nd level w/ Patio Deck * Large Walk-in Closet w/built-in drawers & shelving * 2-Sided Fireplace to enjoy in Bedroom & Bath* Spa Inspired Bath Designed in Marble, Double Vanity, Jet Tub, Separate Walk-in Shower, Water Closet, Window Placement provides Generous Light & Ventilation. Convenient 2nd Floor Laundry Room w/ Sink, Counter & Cabinetry. Den w/Built-in Bookcase. 2nd & 3rd Guest Bedrooms w/ private Vanity Areas & Shared Full Bath. 1 Bedroom Apartment is designed w/ great utility featuring Private Entrance, Separate Laundry Facility & Separate Single Car Parking Garage. In Close Proximity to the Enjoyable Emerald Avenue Beach & Public Dock at North Bay Front. This Exceptional Property Offers More Livable Square Footage & Garage Accommodations than most Balboa Island Properties can offer….. A Rare Find!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$115,953

TurboHome Estimated Value

$7,765,100

$2,451 sqft

High Valuation
$8,153,355
$2574/sqft
Normal Valuation
$7,765,100
$2451/sqft
Low Valuation
$7,376,845
$2329/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2451/sqft$7,765,100

Neighborhood: Balboa Island - Main Island (BALM)

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Comparative Value

$6.70M

$7.10M

$7.50M

$7.80M

$10.00M

$10.80M

600 W Oceanfront, Newport Beach, CA 92661

Sale Price: $6,700,000

Selected Comparable

612 Harbor Island Dr, Newport Beach, CA 92660

Sale Price: $7,100,000

Selected Comparable

108 Park Ave, Newport Beach, CA 92662

Sale Price: $7,500,000

Selected Comparable

108 Park Ave, Newport Beach, CA 92662

List Price: $7,800,000

Subject Property

1111 E Balboa Blvd, Newport Beach, CA 92661

Sale Price: $10,000,000

Selected Comparable

2521 Bayshore Dr, Newport Beach, CA 92663

Sale Price: $10,800,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
108 Park Ave, Newport Beach, CA 92662

108 Park Ave, Newport Beach, CA 92662

List: $7,800,000

Listed: 9/3/2024

Area:3,168 sqft
Price/sqft:$2,462
Beds:5
Baths:5
Year Built:
Lot Size:3,734

Comparable Properties

COMPARABLE
Choose comps
108 Park Ave, Newport Beach, CA 92662

108 Park Ave, Newport Beach, CA 92662

Sale: $7,500,000

11/14/20240.00 mi

Area:3,168 sqft
Price/sqft:$2,367
Beds:5
Baths:5
Year Built:
Weight:23.3%
1111 E Balboa Blvd, Newport Beach, CA 92661

1111 E Balboa Blvd, Newport Beach, CA 92661

Sale: $10,000,000

1/27/20250.59 mi

Area:2,962 sqft
Price/sqft:$3,376
Beds:5
Baths:5
Year Built:
Weight:21.2%
612 Harbor Island Dr, Newport Beach, CA 92660

612 Harbor Island Dr, Newport Beach, CA 92660

Sale: $7,100,000

7/17/20250.22 mi

Area:3,337 sqft
Price/sqft:$2,128
Beds:4
Baths:5
Year Built:
Weight:20.3%
2521 Bayshore Dr, Newport Beach, CA 92663

2521 Bayshore Dr, Newport Beach, CA 92663

Sale: $10,800,000

3/26/20250.79 mi

Area:3,945 sqft
Price/sqft:$2,738
Beds:5
Baths:5
Year Built:
Weight:18.6%
600 W Oceanfront, Newport Beach, CA 92661

600 W Oceanfront, Newport Beach, CA 92661

Sale: $6,700,000

12/12/20240.59 mi

Area:2,616 sqft
Price/sqft:$2,561
Beds:5
Baths:4
Year Built:
Weight:16.6%

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