$5,999,000 3900 Channel Place Newport Beach, CA

MLS: OC18048145   Type: Single Family   County: Orange   City: Newport Beach   Area: West Newport - Lido   Neighborhood: Newport Island   Zip: 92663   Style: Custom Built     Stories: 2

Mortgage $28,164 /mo



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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.

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Price History

3/1/2018 Listed $5,999,000

Association Amenities Playground
Association Fee 40.00
Association Y/N 0
Attached Structure Detached
Co-listing Agent Steve High - BRE#00936421
Colistagentfirstname Steve
Colistagentlastname High
Colistagentstatelicense 00936421
Community Features Street Lighting
HOA Fee Frequency Monthly
Levels Two
Listagentstatelicense 01304396
Listing Agent Jason C Bradshaw - BRE#01304396
MLS Area N8 - West Newport - Lido
Price Per Square Foot 1523.75
Property Attached Y/N 0
Property SubType Single Family Residence
School District Newport Mesa Unified
Senior Community Y/N 0
Spa Features None
Special Listing Conditions Standard
Subdivision Newport Island (NEWI)
Subdivisionnameother Newport Island (NEWI)

Interior Features

Air Conditioning Y/N 1
Bathroomsfullandthreequarter 5
Common Walls No Common Walls
Cooling Central
Fireplace Features Dining Room, Family Room, Master Bedroom
Fireplace Y/N 1
Full Baths 5
Heating Central Furnace
Heating Y/N 1
Laundry Features Inside
Laundry Y/N 1
Mainlevelbathrooms 3
Mainlevelbedrooms 2
Room Type Main Floor Bedroom, Main Floor Master Bedroom
Total Stories 2
Window Features Stained Glass

Exterior Features

Architectural Style Custom Built
Attached Garage 0
Exterior Features Boat Slip, Dock Private
Garage Spaces 2.00
Land Lease Y/N 0
Lot (Land) Features Corner Lot, Lot-Level/Flat, Tear Down, Value In Land
Lot Size Source Estimated
Lot Size Square Feet 10700.00
Lotsizeunits Square Feet
Parking Total 2.00
Pool Features None
Private Pool Y/N 0
Sewer Sewer Paid
Spa 0
View Bay, Harbor, Panoramic, Water
Water Source Public
Waterfront Features Bay Front, Ocean Access, Ocean Side Of Highway 1, Seawall

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Gallery (40 photos)

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Property vs Zip Code Avg (92663)

Price 5.99M Avg 3.73M

Sqr Feet 3,937 Avg 3,265

Cost / Sqr Ft $1,524 Avg $1,144

Acres 0.25 Avg 0.12

Visits 27 Avg 73

Days on Site 17 Avg 94

Walkscore® 68 Avg 57

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Listing Provided Courtesy Of: Jason C Bradshaw with Coldwell Banker Res. Brokerage.

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Location & Address

The Kurt Real Estate Group - Kurt Galitski
2973 Harbor Blvd. #532
Costa Mesa, CA

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