118 Apolena Ave, Newport Beach, CA 92662

Property Description

PRICE REDUCED $115,000 ON THIS COMPLETELY TURNKEY BALBOA ISLAND CLASSIC BEACH COTTAGE! Built in 1933 by famed architect and builder Leon Yale, this home is ideally located on the "Story Book Row" 100 block of Apolena Avenue, just up the street from the South Bayfront. The perfect blend of old and new, there are 4 bedrooms, 1 on the main floor, 3 bathrooms, vaulted ceilings throughout, restored wood flooring, tongue & groove interior walls, NEST controlled cooling & heating systems, double paned windows, Italian Carrera marble countertops in the kitchen, 2 new tankless hotwater heaters, dumbwaiter service from first floor & many unique interior wood carved niches. The master suite is a timeless oasis of luxury with a cozy fireplace, soaking tub, double walk-in closets and private outside terrace with spiral staircase that leads to a spacious new rooftop deck with lounge seating, complete kitchen, and fireplace. The exterior landscaping features a brick patio in the front entrance with a tranquil fountain and relaxing picket-fenced sitting area and a private covered back patio perfect for outdoor entertaining. The home has also been a successful vacation rental and would be a great investment property as well as one of Balboa Island's finest homes!