3900 Channel Place ~ $5,999,000

3900 Channel Place
Newport Island (NEWI)
Newport Beach CA 92663
Offered at: $5,999,000
Status: Active
Contact:
Allan Heller
949.395.9966
aheller@OC-CoastalProperties.com

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.
Property Features
General
  • Year Built: 1954
  • Bedrooms: 4
  • Bathrooms Total: 5
  • Living Area: 3937.00 Sq Ft
  • Lot Size: 10700 Sq Ft
  • Levels: Two
  • Property Sub Type: Single Family Residence
  • Has HOA?: No
Interior
  • Interior Features:
  • Cooling: Central
  • Heating: Central Furnace
  • Accessibility Features:
  • Appliances:
  • Laundry: Inside
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom
  • Fireplace Features: Dining Room, Family Room, Master Bedroom
  • Flooring:
Exterior
  • Has Pool?: No
  • Pool Features: None
  • Has Spa?: No
  • Spa Features: None
  • Common Walls: No Common Walls
  • Architectural Style: Custom Built
  • Has View?: Yes
  • View: Bay, Harbor, Panoramic, Water
  • Exterior Features: Boat Slip, Dock Private
  • Waterfront Features: Bay Front, Ocean Access, Ocean Side Of Highway 1, Seawall
  • Parking Total: 2
  • Has Attached Garage?: No
  • Garage Spaces: 2
  • Carport Spaces: 0
  • Uncovered Spaces: 0
  • Parking Features:
School Information
  • High School District: Newport Mesa Unified
  • High School:
  • Middle or Junior School:
  • Elementary School:
Listing Information
  • Listing Id: OC17274752
  • Listing Agent: Jason C Bradshaw (01304396)
  • Listing Office: Coldwell Banker Res. Brokerage
Listing data is updated every hour and was last updated on Fri, Feb 23, 2018 at 15:15:19 (America/Los_Angeles). All displayed listing data comes from the California Regional Multiple Listing Service, Inc. (CRMLS). 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.

Privacy Policy

Web Site © Copyright 2018, Allan E. Heller. All rights reserved.  CalBRE #00464662