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227 Agate Ave, Newport Beach, CA 92662

Sale Price: $3,375,000
Sep 19, 20242,480 sqft6 beds6 baths
Listed by: Ryan Gunderson
License #: 01869795
Phone #: 949-873-3841
Arbor Real Estate
Source:
CRMLS Logo
MLS #: NP24184231

Property Description

Outstanding Island duplex cottage in excellent location. This home provides a classic Island design with an abundance of flexibility. The home has 6 total bedrooms, 4.5 total baths, two-car garage, and two short-term lodging permits. The main house has 3 bedrooms, including two on the main level, one and a half baths, updated kitchen, A/C, as well as a large front patio. The expansive rear unit includes 3 bedrooms, 2.5 baths, a main floor entrance and bedroom as well as a fantastic living area with vaulted ceilings, updated kitchen, A/C, patio, and more. The home also has a spacious two-car garage, enclosed outdoor shower, and is conveniently located just four doors from the Bay as well on the quiet west end of the Island where the utilities have already been ungrounded. The home also includes TWO short term rental permits which provides the new owner with a rare opportunity to use this home as either a main house, second home, or investment property.
Assignment
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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

$63,456

TurboHome Estimated Value

$3,712,700

$1,497 sqft

High Valuation
$3,898,335
$1572/sqft
Normal Valuation
$3,712,700
$1497/sqft
Low Valuation
$3,527,065
$1422/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1497/sqft$3,712,700

Neighborhood: Balboa Island - Main Island (BALM)

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Comparative Value

$3.19M

$3.38M

$3.50M

$3.80M

227 Agate Ave, Newport Beach, CA 92662

List Price: $3,195,000

Subject Property

227 Agate Ave, Newport Beach, CA 92662

Sale Price: $3,375,000

Selected Comparable

1607 W Balboa Blvd, Newport Beach, CA 92663

Sale Price: $3,500,000

Selected Comparable

402 Goldenrod Ave, Corona Del Mar, CA 92625

Sale Price: $3,800,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
227 Agate Ave, Newport Beach, CA 92662

227 Agate Ave, Newport Beach, CA 92662

List: $3,195,000

Listed: 9/19/2024

Area:2,480 sqft
Price/sqft:$1,288
Beds:6
Baths:6
Year Built:
Lot Size:2,550

Comparable Properties

COMPARABLE
Choose comps
227 Agate Ave, Newport Beach, CA 92662

227 Agate Ave, Newport Beach, CA 92662

Sale: $3,375,000

10/16/20240.00 mi

Area:2,480 sqft
Price/sqft:$1,361
Beds:6
Baths:6
Year Built:
Weight:44.7%
1607 W Balboa Blvd, Newport Beach, CA 92663

1607 W Balboa Blvd, Newport Beach, CA 92663

Sale: $3,500,000

12/13/20241.49 mi

Area:3,327 sqft
Price/sqft:$1,052
Beds:6
Baths:6
Year Built:
Weight:29.6%
402 Goldenrod Ave, Corona Del Mar, CA 92625

402 Goldenrod Ave, Corona Del Mar, CA 92625

Sale: $3,800,000

2/5/20251.42 mi

Area:2,680 sqft
Price/sqft:$1,418
Beds:5
Baths:5
Year Built:
Weight:25.7%

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