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16601 Peale Ln1 / 25 · Click to zoom

About this home

This is an excellent opportunity for a buyer who wants to do a major remodel to a mid-century single story waterfront home (OR enlarge). This mostly Original Condition single story waterfront home on Gilbert Island has a single loaded street (homes on just one side of street), and it has a fantastic "sun in the back patio" location. The home features: 4 Bedrooms, 2 Bathrooms, 1646 Square Feet of Living Area, 55 Feet of Water Frontage, Side-tie Boat Dock configured to hold multiple boats (or could hold a yacht up to 53 feet with reconfiguration), private fenced front patio, 2 Car Garage, concrete rear patio, double pane windows, owned solar system, and 55 X 100' Lot with the pierhead Line extending 30 feet out into the bay. Most waterfront homes have 50 feet (or less) of waterfrontage, so this home allows the opportunity to have a 5 foot larger yacht (LOA)... plus the bigger footprint allows for a home up to be larger than the typical 50X100 lot (based on lot coverage ratio). It is also just a 5 Block Stroll to the soft sands of Sunset Beach... so this waterfront home is also a "beach close" home! This is a fantastic prime location single story opportunity which comes along very rarely in Huntington Harbour.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneAE / High Risk
📋 Assessed value$3,121,200
💵 Annual tax$34,636
🏫 School districtHuntington Beach Union High School District

MLS #26161888

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$21,614
Principal & interest$17,445
Property tax$3,163
Home insurance$1,006
Down payment: $690,000Loan: $2,760,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.