Please stand by!
USDAProperties.com is recovering from last night...

 

 

 

$5,995,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
125 Grand Canal
Newport Beach, CA 92662
5 bed 4 bath 2,520 SqFt ($2378/SqFt)
2,550SqFt lot. Built 1985
Listed 2024-02-25, Taxes $9,493
Ⓧ USDA Ineligible
due to price & location

near Newport Beach

Located along the shimmering canal

This Eastern coastal style home offers an opportunity to reside in a prime Balboa Island location - with a coveted private boat dock to match. This spacious, approximately 2, 520 square foot fully remodeled haven offers the best of waterfront living. The bright and airy open-concept living area features iconic Newport Harbor views and abounds in elegant details, such as a sizable brick-surround fireplace with a wooden mantle, coffered ceilings, arched windows and extensive custom millwork. The sun-drenched main level offers access to the two outdoor areas, with the canal-facing patio adjacent to the private dock serving as one of this home's main highlights, ideal for enjoying the local climate and water activities year-round.

On the upper floor, the water-facing primary suite is truly grand, with a vaulted beamed ceiling, walls of windows to take in the incredible views, a five-piece bathroom and access to a large balcony via French doors. The remaining bedrooms are ample and can serve as sleeping quarters, a secondary living area or a home office. Onsite parking for three crs, including a two-car garage, completes this residence. 125 Grand Canal features a fantastic location, with the boutiques, grocery store and restaurants of iconic Marine Avenue steps away - and easy access on and off the island for convenience . Minutes away from Fashion Island, John Wayne Airport and legendary local beaches.


Presented by John Stanaland at
Newport Beach.
Listing Agent Photo

Property MLS #LG24031352 from CRMLS

Bedrooms: 5
Bedrooms On Main Level: 1

Total Bathrooms: 4
Full Bathrooms: 4
Bathrooms On Main Level: 1
Bathroom 1 Features: Bathtub, Double Sinks in Primary Bath, Separate tub and shower, Upgraded, Walk-in shower

Living Room Deck Attached
Open Floorplan
Stone Counters
Flooring: Vinyl

Kitchen Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Appliances YN: Yes
Laundry Features: Individual Room

Entry, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite

Cooling Features: Central Air
Fireplace Features: Fireplace: Yes
Heating Features: Central
Heating: Yes

Breakfast Room Description: Area, Breakfast Nook, Dining Room
Kitchen Features: Built-in Trash/Recycling, Kitchen Island, Kitchen Open to Family Room, Remodeled Kitchen, Stone Counters

Boat Slip
Dock Private
Lighting
Patio And Porch Features: Patio YN: Yes, Patio And Porch Features: Deck
Road Frontage Type: City Street
Road Surface Type: Paved

Bay Front
Beach Access
Ocean Access
Ocean Side of Freeway
Ocean Side Of Highway 1

Lot Description: 0-1 Unit/Acre, Level with Street, Flag Lot, Yard
Lot Size Acres: 0.0585399
Lot Size Source: Assessor
Lot Size Square Feet: 2550

Garage Spaces: 2
Garage Description: Attached
Parking Features: Parking YN: Yes, Parking Features: Garage Faces Rear, Garage - Two Door
Parking Total: 3
Uncovered Spaces: 1.00

View: City Lights, Coastline, Neighborhood, Ocean, Water, White Water

School District: Newport Mesa Unified

Abraham Lincoln Elementary School is a public elementary school located approximately 1.7 miles away.
directions icon Map directions

Corona Del Mar High School is a public middle and high school located approximately 2.1 miles away.
directions icon Map directions

Our Lady Queen Of Angels is a private elementary and middle school located approximately 1.9 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Community Features: Watersports, Sidewalks, Street Lights

Source Listing Status: Active
County: Orange
Directions: PCH to marine ave. Left on Park. Right on Marine.
Source Property Type: Residential
Area: N9 - Lower Newport Bay - Balboa Island
Source Neighborhood: Balboa Island - Main Island (BALM)
Parcel Number: 05017323
Postal Code Plus 4: 1329
Subdivision: Balboa Island - Main Island (BALM)
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$106,398 + $761,178
$867,576
$9,493
2021$104,312 + $746,253
$850,565
$9,313
2020$103,243 + $738,601
$841,844
$9,223
2019$101,219 + $724,119
$825,338
$9,037
2018$99,235 + $709,920
$809,155
$8,858
2017$97,290 + $696,000
$793,290
$8,703
2016$95,383 + $682,353
$777,736
$8,510
2015$93,951 + $672,103
$766,054
$8,428
2014$92,111 + $658,938
$751,049
$8,230
2013$91,695 + $655,960
$747,655
$8,185
2012$89,898 + $643,098
$732,996
$7,944
2011$88,136 + $630,488
$718,624
$7,754
2010$87,478 + $625,776
$713,254
$7,677
2009$87,686 + $627,263
$714,949
$7,662
2008$85,967 + $614,964
$700,931
$7,475
2007$84,282 + $602,906
$687,188
$7,320

Relisted 2024-04-30
$5,995,000
CRMLS
Listing removed 2024-04-09
$0
CRMLS
Listed 2024-02-25
$6,495,000
CRMLS
Listing removed 2023-02-11
$0
CRMLS
Listed for rent 2022-08-09
$19,995
CRMLS

Total Square Feet Living: 2520
Year Built: 1985
Common Walls: No Common Walls
Entry Level: 1
Entry Location: front
Living Area Source: Assessor
Property Age: 39
Property Condition: Turnkey, Updated/Remodeled
Levels or Stories: Two
Building Total Stories: 2
Structure Type: House
House Style: Traditional
Year Built Source: Estimated

2+ Access Exits

Sewer: Public Sewer
Cable Available
Electricity Available
Natural Gas Available
Phone Available
Sewer Available
Water Available
Water Source: Public
Click Thumbnail Images To View Full Size
unknowndining_roomhouse_viewunknownunknown
unknownkitchenliving_roomliving_roomkitchen
living_roombedroomliving_roombathroombathroom
bathroombedroombedroombathroomliving_room
unknownunknownbedroombedroombathroom
unknownunknownliving_roomliving_roomliving_room
bedroomunknownunknownporchunknown
unknownunknownunknownunknowngarage

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.