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115 Apolena Ave, Newport Beach, CA 92662

List Price: $7,375,000On Market FlagOn market
Sep 10, 20244,867 sqft8 beds6 baths
Listed by: Mary Hardesty
License #: 00396726
Phone #: 949-675-3612
Mary Hardesty Realty
Source:
CRMLS Logo
MLS #: NP24188110

Property Description

Extraordinary Yale Home on Famed Story Book Row! 1st Time on the Market in 50+Years. 5 Bedroom Home, 2 Bedroom Apartment, In-Law Guest Quarters, 2 Full Lots. Main Residence: 5 Bedroom | 4 Baths | Chef - Friendly Kitchen w/Breakfast Bar Opening to Family Room | Generous Size Dining Room w/ Fireplace | Spacious Living Room w/ Cathedral Ceilings Accented by Wood Beam Trusses | Showpiece Custom Brick Fireplace |Large Loft is a Multiple Use Work or Play Space Overlooking Living Room | Butlers Pantry Adjacent to Living Room | 2 Downstairs Bedrooms Each w/Available Bath | Laundry Room | Hand-Crafted Cottage Fence & Entry Gate Accent Garden Patio & Porch Creating a Whimsical Welcome to this Nostalgic Balboa Island Home | A Central Courtyard w/ French Doors Opening from Downstairs Living Areas is a Crown Jewel of this Property…an Alluring European-Style Outdoor Gathering Area w/Brick Fireplace is Perfect for Relaxation, Gardening, Enjoying Morning Coffee or Entertaining on a Small or Grand Scale! Apartment: 2 Bedroom | 1 Full Bath | Breakfast Bar | Dining Area | Private Entrance W/ Interior Staircase |Stacked Washer / Dryer | Balcony Patio. In-Law Guest Quarters: Studio Style | Kitchen w/ Breakfast Bar | 1 Full Bath| Balcony | Private Entrance w/ Interior Staircase. Parking:2 Individual Two-Car Garages w/ Work Benches, Cupboards, Tool Closets | Large Double Gated Carport Located Between the Garages Accommodates an Additional Car, Golf Carts, Boats, Bikes, Surfboards & Beach Gear. Location! 4 Doors to a Wonderful South Bay Front Beach! Short Distance to Marine Avenue the Hub of Community | Short Jaunt on So. Bay Front Boardwalk to Balboa Island Ferry Landing for a Ferry Ride Across the Bay to the Fun Zone & Restaurants, Ocean & the Balboa Pier for Swimming, Surfing & Fishing. 115 Apolena is an Original Yale Home as seen through its Whimsical Architecture, Wood Craftmanship Showcasing Beam Ceilings, Hardwood Floors, Staircase & Balcony Railings, Clever Nooks & Niches | Leaded Windows, Brick Fireplaces, Vintage Light Fixtures & Handcrafted Doors w/Classic Knobs & Latches all add to the Vintage Flair In 1997 the Owners Purchased & Incorporated the Property Next Door in an Extensive Remodel. Every Effort was made to Replicate the Whimsical Qualities of the Original Yale Home in the New Addition & Create One Home on the Two Lots that Sustains the Architectural Style, Craftsmanship & Whimsey of the Original Yale Home….it was a Success!
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

$115,362

TurboHome Estimated Value

$7,532,900

$1,548 sqft

High Valuation
$7,909,545
$1625/sqft
Normal Valuation
$7,532,900
$1548/sqft
Low Valuation
$7,156,255
$1470/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1548/sqft$7,532,900

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