MLS® ID: NP19252931
217 Topaz Avenue
Newport Beach, California, 92662 $2,200,000
This charming home is looking for a savior! Born in 1928 and delivered by a boat builder, updated with plumbing and electricity in 1947/48 and an addition of an apartment in 1967. This is the best of the older charm of Balboa Island that is so highly sought after! And the bonus here is no flood insurance! In talking with the powers that be, at the city, this beauty has been re-mapped on the FEMA flood map and “is not” in a potential flood area…could be a savings of several thousand a year for the life of the loan! Please confirm for your own information… Same owner since 1990. In great condition and well cared for this is a prime property to add to your portfolio! The front home is 2 bedroom and 2 bath and the upstairs apartment is 2 bedroom and 1 bath. Two car garage included… Just one block to the north bay front and two blocks to the south bay front! Enjoy the quaint down town with in walking distance… Coffee shops for all. We even have our own US Post Office! And a wonderful grocery store coming soon! The volunteer association puts on wonderful community functions and the famous Christmas Boat Parade surrounds us. Come join the fun of this historic town! Rent one unit and use the other for yourself or easily turn this wonderful piece of Island history into a single family home by opening the stairwell to combine the two units into one home... Treat yourself to the wonderful lifestyle of Balboa Island. There is no place like it on earth!