Property Description

Back on the Market–Buyer did not perform. This is your Chance–A Rare Opportunity! Remodel the Bungalow OR Build Your Dream Home in the Highly Desirable Finley Tract, Newport Beach! Prime Location! If you build up, this prime 2,646 sq. ft. lot will offer a stunning channel view and is located in a peaceful, private area. It is at the end of the street and is a stone’s throw to the channel. It is also close to Newport’s best sandy beaches, the Newport Beach Pier, including the close-by and upscale Lido Marina Village. Currently, the property includes an 887 sq ft beach bungalow, built in 1930, ideal for remodel or teardown and build. The lot is Zoned R2, this lot allows for flexible building options. It has the potential to build up to 3,840 sq ft of total living space, which includes a two-car garage. Height restrictions permit a 24 ft flat roof or 29 ft sloped roof; a third story is allowed if built with a sloped roof. A duplex can also be built–check with the city for the various building options. Ideally situated, this “beach close” property places you within easy reach of exceptional dining, shopping, and entertainment options, including the trendy Lido House Hotel. Enjoy convenient access to PCH, John Wayne Airport, and award-winning schools. Just minutes from the vibrant Balboa Peninsula and its array of coastal activities, this property provides the perfect balance of relaxed beachside living and urban convenience. This rare lot offers endless possibilities for developers and homeowners alike. Secure your spot in one of Newport Beach’s most prestigious locations and create your ideal coastal retreat or investment property. This is a probate sale, with full authority, no court confirmation is required. It is being sold ‘as-is’. The bungalow has deferred maintenance and is being sold as a tear down. No repairs, no credits for repairs, no termite work. The Value is in the Land AND the Location!

Features
: Canal
0
0
: No Common Walls
1
: Sidewalks
0
: Garage - Single Door, Garage Faces Rear
0
: 0-1 Unit/acre
: Wood, Block
: Standard
1
: Inside
: All Bedrooms Down
: Composition
: Carpet, Vinyl
: Fixer
2
3
: Wall Furnace
: Natural Gas Available, Water Connected, Electricity Connected
: Public
: Public Sewer
MLS Addon
42310208
2,646
$0
: Tile Counters
1
Newport Harbor
Newhar
Ensign
Newport
Newport Mesa Unified
Two
: Area
$0
0
0
: Probate Listing
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08/11/2024 12:28:05
Listing courtesy of
Coldwell Banker Realty
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Residential For Sale

404 ClubhouseAvenue, Newport Beach, California, 92663

3 Bedrooms
2 Bathrooms (Full)
887 Sqft
Visits : 1
$2,250,000
Listing ID #OC24228268
Basic Details
Status : Active
Listing Type : For Sale
Property Type : Residential
Property SubType : Single Family Residence
Price : $2,250,000
Price Per Square Foot : $2,537
Square Footage : 887 Sqft
Lot Area : 0.06 Sqft
Year Built : 1930
View : Mountain(s)
Bedrooms : 3
Bathrooms : 2
Bathrooms (Full) : 2
Listing ID : OC24228268
Agent info
Rina Maya
Designated Broker
Contact Agent
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