409 29th St

This exceptional live-work residence, designed by Stearns Architecture, presents a rare opportunity in the sought-after Newport Beach area. With approximately 1,000 sq. ft. of commercial space on the ground level and nearly 2,300 sq. ft. of residential living above, this property offers a unique blend of functionality and luxury. The industrial-modern interiors feature quality custom home finishes, professional appliances, and three bedrooms with walk-in closets and en-suite bathrooms. The great room boasts vaulted ceilings, a walk-in, climate-controlled wine enclosure, and a cozy fireplace, all creating a welcoming atmosphere for yourself or entertaining guests. The living areas enjoy multiple terraces encouraging seamless indoor-outdoor California living and peek-a-boo ocean views. Some noteworthy amenities include a detached 2 car garage, parking for up to six vehicles, a private elevator, and private courtyard. For added flexibility, the commercial and residential units can be leased and accessed separately. The commercial space is equipped with its own bathroom, climate control, and utilities. Situated near the entry to Newport Beach’s Balboa Peninsula, inside Cannery Village, this property is within proximity to the amazing shops and restaurants of Lido Marina Village and Newport’s famed harbor and beaches. Whether for residential living, commercial use, or investment purposes, this property offers a blend of convenience, luxury, and potential.
Residential unit is currently leased month to month and would need a 60 day notice to vacate. Potentially sooner if tenant agrees. Commercial space is vacant and can be occupied at Close of Escrow. Buyer to cooperate with Seller's 1031 Exchange.