112 24th ST, Newport Beach, CA 92663

About this single-family home

Lowest priced single-family home on the ocean side of Balboa Blvd with R2 Zoning - Opportunity to build up to 2 condos or 3 rental units! Vacationers, investors, developers, and dreamers, take note! This zoning (unique to this side of the street) allows for building 2 condos for resale (live in one and sell the other), or a duplex plus the possibility of an ADU on this 2,375 sqft lot. Enjoy living or vacationing in this well-maintained, beach-charming single-family home located just five homes from the sand while developing plans to add another unit above your existing home or build a brand-new single-family home or multiple units. This property is situated on the side of the street with no car parking, offering an open view of the sand and ocean from the kitchen, living area and front patio. It features 3 bedrooms, 3 full bathrooms, an open-concept kitchen and living space, vaulted ceilings, a 2-car garage with additional parking behind it, indoor laundry, and an outdoor shower. Ideally located adjacent to the 24th St lifeguard stand, consisting of one of the shortest walks to the ocean from the boardwalk. Own a piece of the Balboa Peninsula with a 1-minute walk to restaurants and bars, a 2-minute walk to Newport Pier, and a 2-minute drive to the grocery store. Welcome to the most opportunistic property on the Newport Beach Peninsula.

Listing description from the May 2025 sale, as reported to CRMLS.

Sale history

$2,665,000

Sold May 2025 · listed $2,795,000, orig. $2,950,000, on market March 2025 · MLS #NP25058160 · Source: CRMLS

Listing Agent: Regan Beegle · Listing Office: Times Real Estate CA · Contact: 949-836-5480 · Bought with: George Hanold · Times Real Estate CA

$2,450,000

Sold October 2023 · listed $1,999,900, on market September 2023 · MLS #NP23131087 · Source: CRMLS

Listing Agent: Mark Taylor · Listing Office: Compass · Contact: 949-335-8698 · Bought with: Andrew Shortt · Compass

$1,450,000

Sold August 2014 · listed $1,499,000, on market June 2014 · MLS #NP14136661 · Source: CRMLS

Listing Agent: Roderick Graham · Listing Office: Coldwell Banker Previews Inter · Contact: 949-723-8800 · Bought with: Brian Liberto · HOM Sotheby's International R

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