$2,250,000
404 Clubhouse Avenue
Newport Beach, CA, 92663
Property Description
A Rare Opportunity! Remodel the Bungalow OR Build Your Dream Home in the Highly Desirable Finley Tract, Newport Beach! Prime Location! If you build up, 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 remodel or 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!
Property Details
Price:
$2,250,000
MLS #:
OC24228268
Status:
Active
Beds:
3
Baths:
2
Address:
404 Clubhouse Avenue
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Lido Peninsula LIPN
Neighborhood:
n8westnewportlido
City:
Newport Beach
Listed Date:
Nov 6, 2024
State:
CA
Finished Sq Ft:
887
ZIP:
92663
Lot Size:
2,646 sqft / 0.06 acres (approx)
Year Built:
1930
Schools
Elementary School:
Newport
Middle School:
Ensign
High School:
Newport Harbor
Interior
Cooling
None
Fireplace Features
None
Flooring
Carpet, Vinyl
Heating
Wall Furnace
Exterior
Community Features
Sidewalks
Electric
Standard
Fencing
Block, Wood
Garage Spaces
1.00
Lot Features
0-1 Unit/ Acre
Parking Features
Garage Faces Rear, Garage – Single Door
Parking Spots
1.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
Canal
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Connected, Natural Gas Available, Water Connected
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Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
404 Clubhouse Avenue
Newport Beach, CA
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