1520 Abalone, Newport Beach, California 92662

$4,895,000

Bedrooms

4

Bathrooms

5

Square Feet

2,410 sqft

City

Newport Beach

Status

Active

Situated on a picturesque corner lot in the highly coveted Little Balboa Island, this beautifully remodeled residence offers the perfect blend of luxury, flexibility, and effortless coastal living. Just steps from the bay and a short stroll to the charming shops, restaurants, and cafés along Marine Avenue, the location embodies the very best of the Balboa Island lifestyle. Spanning more than 2,400 square feet, the home is currently configured as a spacious single-family residence, yet offers the unique opportunity to convert back to a duplex, creating exceptional flexibility for multi-generational living, private guest accommodations, or income-producing rental opportunities. Thoughtfully reimagined from top to bottom, the home showcases white oak hardwood flooring, refined finishes, and abundant natural light. The lower level is designed for seamless indoor-outdoor living. It features two generously sized bedrooms, one-and-one-half bathrooms, a fully equipped chef’s kitchen with premium appliances, and multiple outdoor entertaining spaces. Sliding doors open to inviting seating areas and a private spa, creating the perfect setting for relaxing or hosting family and friends. Upstairs, a secondary great room welcomes you with a cozy stone fireplace and bifold windows that create an indoor/outdoor feeling. The second-floor kitchen is beautifully appointed with quartz countertops, Wolf and Fisher & Paykel appliances, bar seating, and an open flow to the living and dining areas, making it ideal for entertaining. The upper level also features a spacious primary suite with a spa-inspired bathroom, and an additional en-suite bedroom. Offering a rare combination of turnkey luxury, versatile living options, and an exceptional Little Island location, this is a truly special opportunity to own a beautifully remodeled home in one of Balboa Island’s most sought-after neighborhoods.