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$5,950,000
12 Days Online

501 Park Avenue
Newport Beach, CA 92662

For Sale|Multi-Family|Active
County:
Orange
Listed by Kevin Bayless of Bayless Real Estate kbayless@leeirvine.com
Call Now: (949)395-0960
Is this the home for you? We can help make it yours.
(949)395-0960
501 Park Avenue501 Park Avenue501 Park Avenue501 Park Avenue
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THE PROPERTY: Welcome to your slice of paradise on Balboa Island in Newport Beach! This exquisite property offers an unparalleled opportunity to own a top-performing restaurant with two stunning apartments above, all completely rebuilt to perfection in 2015. THE RESTAURANT: Step into the heart of culinary excellence as you enter the spacious and inviting restaurant and bar area. Bathed in natural light pouring through large windows, this space exudes warmth and charm. With ample room for indoor and outdoor seating and a meticulously designed kitchen equipped with top-of-the-line appliances, it’s a dream canvas for creativity. THE LOCATION Situated in the heart of Balboa Island, this property enjoys a prime location in one of Newport Beach’s most coveted neighborhoods. Surrounded by quaint shops, charming cafes, and scenic waterfront vistas, residents and visitors alike are drawn to the vibrant energy and unparalleled beauty of this coastal community. With easy access to the Balboa Island Ferry, nearby beaches, and an array of recreational activities, the possibilities for adventure and relaxation are endless.

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Listing Snapshot
Price 
$5,950,000
Days Online 
12 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,080 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1171 Acres
Year Built 
2015
MLS® Number 
OC24091109
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoListing first seen online
General Features
Number of Stories 
2
Acreage 
0.1171
Water 
Public
Property Sub Type 
Multi Family
Listing Conditions 
Standard
Interior Features
Cooling 
Central Air
Heating 
Central
Laundry Features 
None
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Exterior Features
Lot 
Corner Lot
Community Features
MLS Area 
N9 - Lower Newport Bay - Balboa Island


This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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