117 Marine Ave Newport Beach, CA 92662

$4,395,000
5 beds
5 full
2,279 sqft
0.06 acres
$1,928 / sqft
Multi-Family

Property details

About 117 Marine Ave

Major Price Reduction on this outstanding Balboa Island Coastal 5-Bedroom, 5-Bath Coastal Duplex at a great Bay-View location near the Village Center. Completely remodeled and expanded in 1991 and beautifully remodeled again in 2022, 117 Marine showcases an inviting Cape Cod infused design with 3 bedrooms in the remarkable main home and 2 bedrooms in the spacious rear apartment. The first level of the main home is approached through a dutch door into the open floor-planned living and dining spaces. This level also provides a bedroom and 3/4 bath along with a front patio, 2-car garage, and side carport for up to 2 more cars. The second level offers a large primary suite with fireplace, and a guest bedroom with its own bath. The deluxe rear apartment has a private staircase and a comfortable living/dining space along with 2 en-suite bedrooms. All bedrooms on the upper level have high vaulted ceilings, and there is a roof deck on the third level with views of the Bay. There is also an interior doorway between the two units on the 2nd level should the new owner want to utilize the home as a single residence. 2022 improvements include NEW: Roof, AC units, Wolf Range, LG Deluxe Washer and Dryer, Electric Canopy, Quartz Kitchen Counters, Motorized Blackout Shade in the primary bedroom, fresh paint inside and out, and new wood floors on 2nd level. This turnkey home, which could include furnishings, is ready for its new owner to enjoy life on Balboa Island!

Highlights

Home typeDuplex
HeatingCentral, Forced Air
StatusActive
CoolingCentral Air
Size2,279 sqft
Lot size0.06 Acres
Year built1940
ParkingGarage Faces Rear
MLS #NP24160131
Attached garage2 spaces
FireplaceGreat Room, Living Room, Primary Bedroom
ViewBay

Summary

  • MLS Number: NP24160131
  • MLS Name: CRMLS
  • Office Name: Abrams Coastal Properties
  • Office Phone: (714) 325-9055
  • Listing Agent: Donald Abrams

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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front facade featuring a porch

$4,395,000

117 Marine Ave

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Price information

Property sales

DateEventPrice
May 31, 2022
Home Sold
$3,600,000
Jul 27, 2000
Home Sold
$1,200,000
Jun 04, 1997
Home Sold
$720,000
May 22, 1991
Home Sold
$40,636

Tax history

YearAssessmentProperty Tax
2024$3,672,000$41,856
2023$3,600,000$40,847
2022$1,703,924$18,455
2021$1,670,514$18,102
2020$1,653,385$17,928
2019$1,620,966$17,214
2018$1,589,183$17,214
2017$1,558,023$16,909

History based on county public records data.

Nearby schools

9

Harbor View Elementary School

Public District KG-6

1.2 mi

900 Goldenrod Ave

8

Newport Elementary School

Public District KG-6

1.6 mi

1327 W Balboa Blvd

8

Lincoln Elementary School

Public District KG-6

1.7 mi

3101 Pacific View Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $97,018. Typical income of Newport Beach, CA residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

17%
<35k
35%
35k-100k
29%
100k-200k
19%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

57%
Single, No Kids
4%
Single, with Kids
32%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
5%
12-17 yrs old
14%
18-34 yrs old
40%
35-64 yrs old
36%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • CadillacCadillac
  • LexusLexus
  • MazdaMazda

What do the neighbors listen to?

  • ClassicalClassical
  • NewsNews
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 117 Marine Ave in Newport Beach, CA and zip code 92662 in the Balboa Island neighborhood. This 2,279 square foot home, which was built in 1940, sits on a 0.06 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 7, 2024 and is currently priced at $4,395,000.

Newport Beach, CA housing market in December 2024 saw over 8 listings sold above listed price, more than 7 sold at listed price and over 46 sold below. Between November and December 2024, Newport Beach, CA real estate market has seen decrease in the number of listings by 7.4%. While the average time on the market in December 2024 was 54 days, the median list price was $3,526,690.

From Rocket Homes Real Estate and based on county public records data.

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