$5,999,000

3900 Channel Place, Newport Beach CA 92663

4
BEDS
5
BATHS
3,937
SQFT
0.25
ACRES
1954
BUILT
This multi-generational property has been owned by the same local prominent family for over 50 years. It took them nearly a decade, back in the mid 1900s to acquire these 3 R2 parcels in a row, located in a premium bayfront location on Newport Island, Newport Beach. Arguably the most unique quality is that the city still recognizes there to be 3, (est) 30 foot wide R2 parcels ready for development as there are still 3 individual utility laterals running under each parcel. This marks an exciting opportunity to enjoy the recently remodeled beach house that retains its mid-century character, while having an incredible investment/development opportunity in the land below for future use. The current boat dock can accommodate a vessel up to 50 feet! Currently priced at land value, don't let this exceptional opportunity pass you by.


Showings: (760) 805-9336
MLS#: OC17274752
Year Built: 1954
On Market:  38 days
Home Type: Single Family - Custom Built
Garage:  2 car
Area:West Newport - Lido
School District:  Newport Mesa Unified
Financial Information
Current Price: $5,999,000
$ per Sqft:$1,524
HOA Fee: $40 Monthly
Additional Features
Bedrooms:4
Bathrooms: 5 - 5 Full  
# of Levels: 2
Laundry: Inside
Garage:2 car
Lot Size:0.25 Acres
Exterior: Boat Slip, Dock Private
Sub-Division: West Newport - Lido
Lot Type: Corner Lot, Lot-Level/Flat, Tear Down, Value In Land
View: Bay, Harbor, Panoramic, Water
Heating: Central Furnace
Cooling: Central
Sewer: Sewer Paid
Water: Public
Amenities: Street Lighting
Common Walls: No Common Walls
Directions: Cross Streets: W. Balboa Blvd X 38th St
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To see the home located at 3900 Channel Place, Newport Beach CA 92663 or any other home on this website please call (760) 805-9336

Listing #OC17274752 By Jason C Bradshaw, CalBRE#01304396, Coldwell Banker Res. Brokerage

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.





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