404 Clubhouse Avenue Newport Beach, CA 92663
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Nancy Andreason - Contact:  714-743-3528

  404 Clubhouse Avenue Newport Beach, CA 92663

Active (44 Days)
$2,250,000
3
BED
2
BATH
887
SQFT

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!

MLS #:
OC24228268
Lot Size
2,646 SQFT
Type
Single-Family Home
Year Built
1930
Style
Bungalow
Views
Canal
School District
Newport Mesa Unified
County
Orange County
Community
Lido Peninsula (Lipn)

Listed By

Nancy Andreason, DRE #01730309 CA, Coldwell Banker Realty, Contact: 714-743-3528
Source
CRMLS
Last checked Dec 25 2024 at 2:42 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Laundry: Inside
  • All Bedrooms Down
Subdivision
  • Lido Peninsula (Lipn)
Heating and Cooling
  • Wall Furnace
Flooring
  • Vinyl
  • Carpet
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Water Source: Public, Water Connected, Natural Gas Available, Electricity Connected
  • Sewer: Public Sewer
School Information
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
Parking
  • Garage Faces Rear
  • Garage
  • Door-Single
Stories
  • 2
Living Area
  • 887 sqft
Additional Information: Newport Beach | 714-743-3528
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Nov 20, 2024
Price Changed
$2,250,000
-10%
-250,000
Nov 06, 2024
Original Price
$2,500,000
-
-
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.