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Rare opportunity to acquire two and one half buildable lots (approximately 75 feet wide) on the bayfront in the prestigious community of Peninsula Point. One of the great original estates in this venerable neighborhood, this parcel is of an extraordinary depth and includes a private-parcel sandy bayfront beach in front of the large buildable portion of the lot. Truly spectacular! Property offered is part of larger family estate being sold that includes the adjacent properties listed for sale (separately) at 1504 East Balboa Boulevard (mls U10001685), and at 1508 East Balboa Boulevard (mls U10001686). All properties can be purchased together to create a magnificent bayfront compound in excess of one half acre. Conceptual plans are included for the development of all parcels into a magnificent Eastern Seaboard style residence with main house, guest homes, service buildings, pool and pool garden, as well as multiple garages.
Listed by KIM BIBB AND ROB GIEM of HOM REAL ESTATE GROUP
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