117 25th St, Newport Beach, CA 92663 USA
Sun pours into the light, bright open concept interior, connected to outdoor living spaces by folding glass doors. A sleek, black tile fireplace anchors the living room, and the chef’s kitchen includes custom cabinets, quartz countertops and island, lighted floating shelves and high-end stainless steel appliances.
The second floor master suite features a large balcony with folding glass doors and a luxurious en suite bath with a dual sink vanity, a tiled walk-in shower and a spacious walk-in closet. The two guest bedrooms have their own balconies and share a bathroom. The third floor offers a loft retreat that connects to the outdoor entertaining space. A full bathroom allows the loft space to be used as a fourth bedroom.
The home is in the heart of Balboa, close not only to the beach but also to shops and restaurants. The home, which includes a 2-car garage and laundry area, comes fully furnished and professionally decorated.
How we priced this 1/8 share
We give our homes a full design makeover, manage all aspects of LLC formation, and find qualified owners.
|Purchase PriceWhole home: $4,100,000||$512,500|
|Upgrades, Taxes, and ClosingInterior design, furnishings, inspection, title & applicable taxes||$35,714|
|Pacaso Service FeeBuyer aggregation & legal||$65,786|
|Total 1/8 OwnershipWhole home value: $4,912,000||$614,000|
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Understanding ownership costs
Know the bottom line before you buy. No hidden fees, no surprises, no monthly markups.
Courtesy of - Dean Ledger, Emerald Bay Real Estate
Whole home list price: $4,100,000
All listings are represented by licensed independent brokerages.