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“Grand Canal” 4 Beds, 3 Baths | 2,157 sq ft $967,000

Original price was: $7,736,000.00.Current price is: $967,000.00.

$967,000  “Grand Canal” 4 Beds, 3 Baths | 2,157 sq ft Derivcapital.com

BUILT

1945

Original price was: $7,736,000.00.Current price is: $967,000.00.

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Product Description

With stone-paved patios shaded by mature olive trees, a canal-side deck and a private boat mooring, this Balboa Island home feels like it’s in the south of France. Instead, it’s just steps from Marine Avenue and destination restaurants.

The charm continues in the great room, with beamed wood ceilings, a fireplace and multiple doors to the waterfront patio. A dream kitchen, with high-end stainless steel appliances, separates the formal living and dining space from a relaxed family room with doors to a sun-dappled side patio and an outdoor fireplace.

The upstairs primary suite is a private enclave, with a fireplace, French doors to a charming deck, and an en suite bathroom featuring a soaking tub, two-sink vanity and tiled shower.

The home offers easy access on and off the island through the semi-private alley directly from the two-car garage to the Balboa Bridge. The home comes fully furnished and professionally decorated.

Distinctive amenities

Bay views icon

Bay views

Sunrise views icon

Sunrise views

Sunset views icon

Sunset views

Private dock icon

Private dock

Boardwalk access icon

Boardwalk access

Bay access icon

Bay access

Outdoor entertaining icon

Outdoor entertaining

Outdoor fireplace icon

Outdoor fireplace

Balcony icon

Balcony

Outdoor shower icon

Outdoor shower

Courtyard icon

Courtyard

Den icon

Den

Fireplace icon

Fireplace

Game room icon

Game room

2-car garage icon

2-car garage

Dock access icon

Dock access

Chef's kitchen icon

Chef’s kitchen

EV Charger icon

EV Charger

Patio icon

Patio

Kitchen island icon

Kitchen island

Walk-in closet icon

Walk-in closet

Spiral staircase icon

Spiral staircase

Waterfront icon

Waterfront

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 Price

Whole home: $6,300,000

$787,500
Upgrades, Taxes, and Closing

Interior design, furnishings, inspection, title & applicable taxes

$75,893
Derivcapital Service Fee

Buyer aggregation & legal

$103,607

Total 1/8 Ownership

Whole home value: $7,736,000

$967,000

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