Beautiful custom beach cottage located across the street from the beach in coveted Peninsula Point in Newport Beach. This home boasts five bedrooms, three bathrooms with wonderful natural sunlight throughout. A white picket fence and arbor entry lead you into a Roger’s Gardens designed patio, while French doors welcome you inside. Impeccable wood flooring makes a stunning first impression as does the wonderful flow between the living and dining rooms and gourmet kitchen. The open kitchen includes top of the line stainless steel appliances, custom cabinetry and granite counters. The lower level master bedroom has French doors that lead out to a charming private patio with fountain. Additional bedroom/office with remodeled bathroom also on lower level. Three bedrooms and a bathroom located upstairs. This is an amazing turnkey residential or investment property. The home has a strong year round rental history, commanding up to $8000 per month during the summer, always in demand. Bidding for this fine property opens on Monday, June 25th at 7 pm and closes on Wednesday, June 27th at 7 pm.
To pre-qualify for financing on this property feel free to contact your preferred lender or contact Rocio Knott or John Murphy of JTM Financial at 949.360.7000.
The Balboa Peninsula Point community is located in the Balboa Peninsula area of Newport Beach. The area deemed Peninsula Point runs from Main Street to the tip of the Peninsula and includes well known Newport beach spots such as The Balboa Pavilion and the infamous “Wedge” surfing spot. The 800 beautiful beach homes in this exclusive neighborhood include traditional, contemporary, Mediterranean and Cape Cod styles.
This home is located in the Newport Mesa Unified School District (Newport Elementary; Ensign Intermediate; Newport Harbor High School).
For property related questions please contact:
Broker/Agent Name:
Marcia Saunders and Sarah O'Dell
Brokerage Firm:
Seven Gables Real Estate
Broker/Agent Phone Number:
714-742-4445 and 714-785-6125
Broker/Agent Email:
Marcias@sevengables.com and Sarah@theodellgroup.com
Broker Co-Op
2.5%
For auction related questions please contact:
Auction Manager Name:
Kevin Swick
Auction Manager Phone:
949-672-3640
Auction Manager Email:
KevinSw@auction.com
Property No. X008-1
Sun Drenched Balboa Peninsula Cottage
1708 E Ocean Blvd, Newport Beach, CA 92661
Features Include:
5 beds / 3 baths
Custom beach cottage
Easy access to Newport Beach and the Boardwalk
Open floor plan
Beautifully landscaped by Roger's Gardens
Wood flooring and custom cabinetry
Gourmet kitchen with stainless-steel appliances
Recently remodeled in 2011
For registration or auction related questions, please contact our Auction.com representatives at 1-949-672-3600
What is the Reserve?
All Properties have a Reserve Price, meaning the Seller of each Property has established an unpublished, minimum selling price. The starting bid is not the Reserve Price. In order to become the Winning Bidder for a Property, a Bidder must meet or exceed the Reserve Price and have the highest bid, and such highest bid must be accepted by the Seller (see Subject to Confirmation section below).
Subject to Confirmation. In the event the winning bid amount is not immediately accepted by the Seller, the Auctioneer will inform the Winning Bidder that acceptance of their winning bid amount is subject to confirmation.Winning Bidder acknowledges and agrees that Winning Bidder’s purchase is subject to, and contingent upon, the REO management of Seller approving the purchase, which shall be given or denied at their sole and absolute discretion within fifteen (15) business days following the execution of the Purchase Agreement.
Pre-Auction Bid Period
Contact the Agent
Make a proxy bid and the system will automatically place bids upto your set amount when the auction starts