51 Beacon, Newport Beach, CA 92660

$3,850,000
4
BD
5
BA
2,502
SqFt

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List Price
$3,850,000
Status
ACTIVE
MLS#
NP26220622
Year Built
1941
Bedrooms
4
Bathrooms
5
Living Sq. Ft
2,502
Lot Size
4,388
Acres
0.10
Lot Location
0-1 Unit/Acre, Drip Irrigation/Bubblers, Greenbelt
Days on Market
5
Property Type
Single Family Residential
Style
Cottage
Property Sub Type
Single Family Residence
Stories
Two Levels
Neighborhood
Beacon Bay (Beac)

Property Description

Welcome to Beacon Bay, one of Newport Beach’s most beloved waterfront communities. The main residence is recently renovated and features 3 bedrooms and 3 baths, plus a powder bath. An upgraded kitchen, living room with fireplace, and a dining area complete the interior of the home. Additionally, the property includes an attached 1-bedroom, 1-bath ADU unit. Perfectly positioned along the wide grass estrada, the home enjoys a prime central location with peek-a-boo views from the front porch. Established in 1927, Beacon Bay offers an exceptional coastal lifestyle with expansive beaches, docks and boat slips (upon availability), lush grass estradas, tennis and pickleball courts, a play park, and direct access to the Balboa Yacht Basin marina and the iconic Eddie’s Galley diner. With its distinctive layout, generous lot sizes near the water, parks, and open green spaces, Beacon Bay is unlike any other neighborhood in Newport Beach. All properties in Beacon Bay are subject to a 50-year land lease with the City of Newport Beach. There is no land buyout option. The annual lease payment is 2.5% of the purchase price, adjusted annually based on the CPI.

Additional Information

Land Lease
Yes
Land Lease Amount
$2.5
HOA
3450
Frequency
Annually
Association Amenities
Dock, Maintenance Grounds, Picnic Area, Playground, Pickleball, Tennis Court(s)
Appliances
Built-In Range, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater, Dryer, Washer
Pool Description
None
Fireplace Description
Living Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Peek-A-Boo
Patio
Brick, Enclosed, Front Porch
Roof
Shake
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Newport Mesa Unified
Interior Features
Beamed Ceilings, Breakfast Bar, Pantry, Bedroom on Main Level, Primary Suite, Walk-In Closet(s)
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Pallie Jones (pallie@palliejones.com) from Listing Office: Arbor Real Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.