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Connolly purchased the brand in 1995 and was the third owner of Sugar ’n Spice, which originally opened in 1945. The hope, the Alovises said, is to keep the business alive through its next owner, though they acknowledge there is no real way of knowing what will transpire after the property is purchased.
For anyone who’s ever been to Balboa Island in Newport Beach, the iconic fantasy of a Southern California beach day includes munching a frozen banana or ice cream treat to beat the heat. Now, the iconic Sugar ‘n Spice dessert stand has come up for sale. The World War II-era banana stand, which inspired a similar establishment on TV’s Arrested Development, is on the market. Asking price? $3.5 million, $5 million including the banana business.
We celebrated the official launch of this iconic property at 310 Marine Avenue on Balboa Island with free frozen bananas and Balboa Bars on Thursday, February 8th. We were honored and very excited that Good Day LA, Fox News 11 came to cover the sale. Guests were able to meet not only the current owners, Will and Courtney Alovis, but also Don Cook, the original family member that started it all in 1945 with the OG frozen banana!
A once in a lifetime opportunity to own this legacy business and building on Balboa Island.
The building that houses Sugar ’n Spice, the decades-old business that sells frozen bananas and Balboa Bars dipped in chocolate, is up for grabs.
I'm absolutely thrilled 2015 Leeward Ln is featured in The Scout Guide, alongside a curated selection of standout properties. It's an honor to be among such esteemed company, and I'm excited to showcase a truly remarkable listing that embodies the essence of exceptional real estate.
The list will appear in the December 2023 issue of Orange Coast Magazine. The teams with the highest sales volumes in the area are named as 2023 Real Estate All Stars. Inclusion in Orange Coast Magazine’s Real Estate All Stars list is based solely upon teams’ total sales volume.
The home was featured on the virtual Newport Harbor Home Tour in 2021
The space is all about maximizing indoor-outdoor living.
Luxury Homes Magazine 2022 Women In Real Estate Issue
Luxury Homes Magazine 2021 Women In Real Estate Issue
Represents the top 1% of agents in all of Orange County.