Active
404 Clubhouse Avenue
Newport Beach CA, 92663
$2,250,000
$2,536.64 per sqft
Active
2 Beds
2 Baths
887 sqft
Residential
Built in 1930
Listed by Nancy Andreason with Coldwell Banker Realty 714-743-3528
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!
OC24228268
MLSⓇ ID
November 7, 2024
Listed
December 5, 2024
Updated
Map
404 Clubhouse Avenue
Newport Beach CA, 92663
Interior Features
Total Stories
2
Bedrooms
2
Total Bathrooms
2
Full Bathrooms
2
Interior Features
All Bedrooms Down
Laundry Description
Inside
Floor Description
Carpet, Vinyl
Fireplace
No
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.06 Acres
Lot Features
0-1 Unit/Acre
Architectual Style
Bungalow
Roof
Composition
Sewer
Public Sewer
School Information
School District
Newport Mesa Unified
High School
Newport Harbor
Elementary School
Newport
Other Property Details
Area Name
N8 - West Newport - Lido
Days on Market
27
Garage
Yes
Garage Spaces
1
Parking
Door-Single, Garage, Garage Faces Rear
Parking Total
1
View
Yes
View Description
Canal
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
---|---|---|
11/20/2024 | Price change | $2,250,000 -10% |
Listing Contact: 949-644-1600
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 1:31 PM UTC