ViewBay, City Lights, Other, Harbor, Marina, Neighborhood, Ocean
MLS #OC24053190
Lot Size0.06 Acres
StatusActive
About 124 Turquoise Ave
Balboa Island is one of Southern California’s most exclusive and charming beachside communities. This stunning home ideally positioned less than a block from the sand, embodies the traditional character with completely updated interior design to reflect today's on-trend style. Situated on the iconic street of Turquoise Ave., this home is three blocks from the iconic Balboa Ferry, allowing easy access to the Peninsula just across the water. This property boasts three bedrooms and three baths in the main house, and a darling and spacious one-bedroom apartment upstairs with striking unobstructed views of the water. The home has been thoughtfully curated to showcase its open concept main level, offering loads of space and natural light, with La Cantina accordion doors to the outdoor front seating area. The kitchen boasts upgraded stainless steel appliances and a wine fridge. The primary suite features ample space, a large finished walk-in closet, and a spa-style en-suite bath. Three original lead glass windows were restored and moved with new wood casements to maintain the classic elements of that original architecture and offer peek-a-boo views of the water from the main bedroom. Balboa Island’s allure remains steadfast, and residents take great pride in their homes in this beautiful and quaint community. Watch the famous Newport Boat Parade, celebrate the 4th of July, and sail or boat along the calm waters of the Harbor...it’s all at your fingertips from this gorgeous home.
Property Details
Property Features
Property Information:
Architectural Style: Custom
Year Built: 2023
Stories: 2
Living Area: 2,430 SqFt
Listing Office:
Office Name: Douglas Elliman of California
Office Phone: (949) 562-9119
Listing Agent: Brian Davis
Interior Features
Interior Information:
Appliances: Range, Convection Oven, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Dryer, Washer
Flooring Type: See Remarks
Interior: Built-in Features, Balcony, Ceiling Fan(s), Open Floorplan, Quartz Counters, Recessed Lighting, Bedroom on Main Level, Primary Suite, Walk-In Closet(s)
Fireplace: None
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Beach
View: Bay, City Lights, Other, Harbor, Marina, Neighborhood, Ocean
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Direct Access, Door-Single, Garage, Garage Door Opener, Garage Faces Rear, Storage
Lot Features
Lot Information:
Lot Size: 0.06 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Corona Del Mar High School, Public District Grades 7-12
Abraham Lincoln Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: Jamboree to Balboa Island, down Marine Ave, right on Park Ave, left turn on Turquoise Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $4,850,000
Price Per SqFt: $1,996/SqFt
Tax Information:
Annual Amount: $3,556
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $1.6M more than the Median Sold Price and $652/SqFt more than other homes in Newport Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24053190
Listing Office:
Office Name: Douglas Elliman of California
Office Phone: (949) 562-9119
Listing Agent: Brian Davis
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/27/2024, 1:20:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,556
$289,837
2020
$3,521
$286,866
2019
$3,392
$281,242
2018
$3,393
$275,728
2017
$3,335
$270,322
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$24.2K
Per Month
Principal & Interest
$24.2K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$14.6K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Abraham Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school2.08 miles
Public District Grades KG-6
High School
9
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school2.23 miles
Public District Grades 7-12
Assigned Schools
7
/10
Abraham Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school2.08 miles
Public District Grades KG-6
Nearby Schools
9
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school1.31 miles
Public District Grades KG-6
9
/10
Harbor View Elementary School
900 Goldenrod Ave
Distance between this listing and this school1.55 miles
Public District Grades KG-6
Nearby Schools
7
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.54 miles
Public District Grades 7-8
10
/10
Vista Verde
6 Federation Way
Distance between this listing and this school4.27 miles
Public District Grades KG-8
8
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school5.71 miles
Public District Grades 6-8
Assigned Schools
9
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school2.23 miles
Public District Grades 7-12
Nearby Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.58 miles
Public District Grades 9-12
5
/10
Estancia High School
2323 Placentia Ave
Distance between this listing and this school4.33 miles
The neighbors living near this home have an average income of $89,674. Most Newport Beach, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 124 Turquoise Ave in Newport Beach, CA and zip code 92662 in the Balboa Island neighborhood. This 2,430 square foot home, which was built in 2023, sits on a 0.06 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $4,850,000.
Newport Beach, CA housing market in March 2024 saw over 23 listings sold above listed price, more than 13 sold at listed price and over 50 sold below. The number of listings in Newport Beach, CA increased by 8.8% between February 2024 and March 2024. In March 2024 median list price was $3,228,690 and the average listing age was 43 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
PGA/LPGA
PGA/LPGA
Men's Tennis
Hiking/backpacking
Chico's
Bloomingdales
Nordstrom Rack
Bonefish Grill
Chipotle
California Pizza Kitchen
Cadillac
Lexus
Mazda
Classical
News
Rock