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501 Park Avenue, Newport Beach

$5,950,000 - $6M Price - 5,100 Lot Sq. Ft - 13 DOM

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.

Listing Agent
Kevin Bayless - Bayless Real Estate

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Essential Information

For 501 Park Avenue, Newport Beach
  • MLS® # OC24090681
  • Price $5,950,000
  • Bathrooms 0.00
  • Lot Square Footage 5,100
  • Year Built 2015
  • Type Residential Income
  • Sub-Type Mixed Use
  • Status Active

Community Information

For 501 Park Avenue, Newport Beach
  • Address 501 Park Avenue
  • County Orange
  • Zip Code 92662

Area

For 501 Park Avenue, Newport Beach

Subdivision

For 501 Park Avenue, Newport Beach

City

For 501 Park Avenue, Newport Beach

Amenities

For 501 Park Avenue, Newport Beach
  • Parking Spaces 1
  • # of Garages 1
  • Pool None

Interior

For 501 Park Avenue, Newport Beach
  • Heating Central
  • Cooling Central Air
  • # of Stories 2
  • Stories Two

Exterior

For 501 Park Avenue, Newport Beach
  • Lot Description Corner Lot

Additional Information

For 501 Park Avenue, Newport Beach
  • Date Listed May 6th, 2024
  • Days on Market 13

501 Park Avenue Newport Beach MLS® #OC24090681

You are viewing the for at 501 Park Avenue with the MLS® OC24090681 on Previewochomes.com. This at 501 Park Avenue, . 92662 is located in the Balboa Island - Main Island (BALM) subdivision and is currently for featuring a 5100 sq.ft. lot and listed for sale at $5,950,000. This for at 501 Park Avenue with the MLS® # OC24090681 has been listed since 2024-05-06.

Please contact us for additional information and assistance.

Based on information from California Regional Multiple Listing Service, Inc. as of May 20th, 2024 at 11:56am PDT. 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.

Property Listed By: Kevin Bayless of Bayless Real Estate