A Rare Opportunity! Build Your Dream Home in the Highly Desirable Finley Tract, Newport Beach! 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 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!
|
DAYS ON MARKET
|
18
|
LAST UPDATED
|
11/19/2024
|
|
TRACT
|
Lido Peninsula (LIPN)
|
YEAR BUILT
|
1930
|
|
COMMUNITY
|
West Newport - Lido
|
GARAGE SPACES
|
1.0
|
|
COUNTY
|
Orange
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
| School District |
Newport Mesa Unified |
| Elementary School |
Newport |
| Jr. High School |
Ensign |
| High School |
Newport Harbor |
|
Prior to Nov 19, '24
|
$2,500,000
|
| Nov 19, '24 - Today |
$2,250,000 |
| AIR |
None |
| AREA |
West Newport - Lido |
| GARAGE |
Door-Single, Garage, Garage Faces Rear, Yes |
| HEAT |
Wall Furnace |
| HOA DUES |
0 |
| INTERIOR |
All Bedrooms Down |
| LOT |
2646 sq ft |
| LOT DESCRIPTION |
0-1 Unit/Acre |
| PARKING |
Door-Single,Garage,Garage Faces Rear |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| STYLE |
Bungalow |
| SUBDIVISION |
Lido Peninsula (LIPN) |
| UTILITIES |
Electricity Connected,Natural Gas Available,Water Connected, Electric: Standard |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Canal |
| WATER |
Public |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Ben
Salem to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Coldwell Banker Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 11:46 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts
Twitter
Facebook
Email