315 E Bay Avenue

Newport Beach, CA 92661

Co-Ownership is the modern way to own a vacation home. You and up to seven other co-owners share legal ownership of the home. The property is professionally managed which takes the hassle and stress out of owning a vacation home. Each 1/8 share allows you 45 nights per year to enjoy the home with family and friends. One of the best benefits to co-ownership is you capture all value appreciation should you decide to sell your share in the future. This stunning new construction 4 bedroom, 5 bath contemporary home is located in the heart of the Balboa Peninsula. With no detail spared this home offers high ceilings, open floor plan that are further complimented with wood floors throughout, an elevator that services all three levels and a stunning rooftop terrace. The chef's kitchen includes a large island, Thermador appliances and walk in pantry. Upstairs, the primary suite offers a spa like bathroom with dual vanity, a soaking tub, a glass-enclosed shower, spacious walk-in closet and a large sliding glass doors that open to your private balcony. Each additional bedroom has an en-suite with their own unique design and private patio space. The third level provides a single en-suite bedroom with a sliding glass door that opens up to your expansive private patio. On the opposite side is an additional rooftop terrace equipped with a custom built in barbecue area perfect for entertaining. Enjoy the ocean breeze and beautiful sunset views on your rooftop terrace. This home also has an attached 2 car garage and outdoor shower. Situated just steps away from both the bay and the beach plus a short distance from all the shops and restaurants of the Balboa Peninsula. Own a little piece of heaven in a luxury destination!

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. The 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, the 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.