3 Beds
2 Baths
887 SqFt
3 Beds
2 Baths
887 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 887 sqft
Price per Sqft $2,536
MLS Listing ID OC24228268
Style Detached
Bedrooms 3
Full Baths 2
Construction Status Fixer
HOA Y/N No
Year Built 1930
Lot Size 2,646 Sqft
Acres 0.0607
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 stones throw to the channel. It is also close to Newports 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 Beachs 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!
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Interior
Flooring Carpet, Linoleum/Vinyl
Laundry Inside
Exterior
Parking Features Garage - Single Door
Garage Spaces 1.0
Fence Wood
Utilities Available Electricity Connected, Natural Gas Available, Water Connected
View Canal
Roof Type Composition
Total Parking Spaces 1
Building
Lot Description Sidewalks
Story 1
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Architectural Style Craftsman/Bungalow
Level or Stories 2 Story
Construction Status Fixer
Others
Monthly Total Fees $31
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Probate Sbjct to Overbid
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1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States