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… Read More 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! Read Less
Property listed by Coldwell Banker Realty, Nancy Andreason 714-743-3528
Listing Snapshot
Days Online
14
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
2
Square Ft.
887
Lot Size
0.06 Acres
Year Built
1930
MLS Number
OC24228268
30 Days Snapshot Of 92663
$3,684k
+4%
(avg) sold price
13
+8%
homes sold
97
-25%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1930, Levels: Two, Living area: 887, 2 stories, Architectural style: Bungalow, Common walls: NoCommonWalls
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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