501 Park Avenue, Newport Beach

Newport Beach Home For Sale

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.

Property Details

501 Park AvenueLot Size: 0.12Price: $5,950,000Zip: 92662
MLS® #: OC24090681Neighborhood: Balboa Island - Main Island (BALM)Levels: TwoGarages: 1School District: Days on Market: 12Listed By: Kevin Bayless, Bayless Real Estate

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
  • Cell: (888) 990-7111
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Additional Information

  • City:
    Newport Beach
  • County:
    Orange
  • Zip:
    92662
  • MLS® #:
    OC24090681
  • Lot Size:
    0.12
  • Neighborhood:
    Balboa Island - Main Island (BALM)
  • Levels:
    Two
  • Garages:
    1
  • HOA Dues:
    $
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Based on information from California Regional Multiple Listing Service, Inc. as of May 19th, 2024 at 2:30am 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.