$5,500,000

RARE NEWPORT BEACH WATERFRONT OPPORTUNITY WITH DUAL WATER FRONTAGE AND PRIVATE BOAT DOCK! Acquire a distinctive waterfront property combining boating access, income potential, and redevelopment possibilities in desirable Newport Beach. Situated on an approximately 4,500-square-foot lot along the Newport Canal, 4204 River Avenue is a compelling opportunity for investors, builders,… Read More boating enthusiasts, and buyers looking to create their dream waterfront residence. The property is legally a duplex and configured as three living areas, with approximately 3,202 square feet of existing improvements, six bedrooms, and four bathrooms. While the property requires renovation, its versatile configuration creates several potential investment strategies. Renovate and explore its rental income potential, enjoy waterfront living while generating supplemental income, or pursue plans for a custom luxury waterfront residence. For developers, the existing set up may offer the advantage of generating rental income to help offset carrying costs while architectural plans, permits, and redevelopment approvals are pursued. What truly sets this property apart is its waterfront setting. Dual water frontage, a private dock, and beautiful canal surroundings create a unique opportunity to embrace the Newport Beach boating lifestyle. Imagine stepping outside to enjoy your boat, kayak, or paddleboard, spending afternoons exploring the harbor, and returning home to the tranquility of life along the water. Just a short distance from the sandy beaches of the Balboa Peninsula, neighborhood parks, coastal restaurants, and shopping, the location offers an exceptional combination of recreation, convenience, and coastal charm. For those with vision, the possibilities extend well beyond the existing structure. Whether your goal is to establish a waterfront income property, secure a personal coastal retreat with supplemental rental income, or design and build an extraordinary custom residence, here is a chance to invest in the location today and unlock its potential for tomorrow. Opportunities combining waterfront land, a private boat dock, income potential, and redevelopment possibilities are increasingly difficult to find in Newport Beach. The true value is in the land, the waterfront setting, and the opportunity to create something exceptional. All uses, rental configurations, dock rights, and redevelopment possibilities are subject to independent verification and applicable approvals. Read Less

Property listed by First Team Real Estate, Paula Aragone 714-366-6117

Listing Snapshot

Days Online

Last Updated

Nov 8, 2026

Property Type

Duplex

Beds

Full Baths

Square Ft.

3,202

Lot Size

0.1 Acres

Year Built

1955

MLS Number

OC26229647

Additional Details

Property Access

Frontage Type: CityStreet

Appliances & Equipment

GasOven

Building

Built in 1955, Living area: 3202.0, Living area units: SquareFeet, 2 stories, Levels: One, Two, Entry level: 1, Entry location: front

Community

Biking, DogPark, Park, WaterSports

Cooling

None

Accessibility Features

AdaptableForElevator

Exterior Features

Patio/Porch Features: Deck, Open, Patio, BoatSlip, Dock

Fireplaces

None

Floors

Carpet

Garage

3 spaces

Home Owner's Association

Association Fee: $0

Interior Features

InLawFloorplan, Unfurnished, AllBedroomsUp, AllBedroomsDown, MultiplePrimarySuites

Laundry

Inside

Lot

0.102 acres, Level, StreetLevel

Parking

3 total parking spaces, DirectAccess, DoorSingle, Garage, OffStreet, WorkshopInGarage

Pool

None

Property

Fixer, Canal, CityLights, Marina, Ocean, Water

Sewer

PublicSewer

Taxes

Additional parcels description:, Parcel Number: 42329304, Tax Block: 242, Lot: 3

Utilities

ElectricityAvailable, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public

Water Features

BeachAccess, Bayfront, CanalFront, DockAccess, NavigableWater, OceanAccess, Seawall

Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List

Mortgage Calculator

Selling price

Down payment

Term (years)

Interest rate (%)

Monthly Payment

4204 River Avenue

'VIP' Listing Search

Schools In The Area

Similar Listings

Find My Dream Home

1. Neighborhoods

2. Home Type

3. Send

Never miss an update.
Join our Newsletter today!

4204 River Avenue

'VIP' Listing Search

Schools In The Area

Similar Listings

1. Neighborhoods

2. Home Type

3. Send

Never miss an update.Join our Newsletter today!

Never miss an update.
Join our Newsletter today!