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3900 Channel PL
NEWPORT BEACH, CA 92663


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Property Remarks

This multi-generational property has been owned by the same local prominent family for over 50 years. It took them nearly a decade, back in the mid 1900s to acquire these 3 "R2" parcels in a row, located in a premium bayfront location on Newport Island, Newport Beach. Arguably the most unique quality is that the city still recognizes there to be 3, (est) 30 foot wide R2 parcels ready for development as there are still 3 individual utility laterals running under each parcel. This marks an exciting opportunity to enjoy the recently remodeled beach house that retains its mid-century character, while having an incredible investment/development opportunity in the land below for future use. The current boat dock can accommodate a vessel up to 50 feet! Currently priced at land value, don't let this exceptional opportunity pass you by.

Property Details

MLS#
OC17274752MR
Days on Market
69
Year Built
1954
Lot Size
0.25 Acres
Property Subtype
Single Family
Source of Lot Size
Estimated

Location

State
CA
Area
West Newport - Lido
County
Orange

Presented By:

Listing provided courtesy of Jason C Bradshaw , Coldwell Banker Res. Brokerage


Exterior

Lot Acreage
0.25
Garage Spaces
2
Waterfront
No

View
Bay
Harbor
Panoramic
Water

Interior

Bedroom Features
Main Floor Bedroom
Main Floor Master Bedroom
Bathroom Count
5 Full Baths
Laundry
Inside

Additional Property Details

Guest House
No
Available for Lease
No
Horse Property
No
Maids
No

Community Features
Street Lighting
AC/Cooling
Central
Heating
Central
Hoa Amenities
Playground

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