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Key Details
Sold Price $2,280,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,782 sqft
Price per Sqft $1,279
Subdivision West Newport Beach (Wsnb)
MLS Listing ID OC19210169
Sold Date 02/11/20
Bedrooms 4
Full Baths 3
Construction Status Fixer
HOA Y/N No
Year Built 1945
Lot Size 3,049 Sqft
Lot Dimensions Assessor
Property Description
Many would say the Balboa Peninsula & Newport Harbor are the Jewel of the Southern California coastline. Oceanfront homes along the sand have gorgeous sunset views and support a plethora of activities from surfing, swimming, beach games, bike riding, sunbathing, and strolls along the sand. Waterfront homeowners enjoy these activities but also have access to the bay for kayaking, paddle boarding, and boating activities… Catalina Island is only 30 miles away, and cruising the coastline offers the opportunity to enjoy beautiful scenery and sea life. The property is located along the waterfront in an area known as the Balboa Peninsula and just 3 blocks from the sand. The site is occupied by 1,782 square foot single family dwelling built in 1945 with 3 bedrooms, 2 baths, & 2 car garage. The lot is 28.57 feet wide and 100 feet deep. The site fronts River Avenue and backs to the Rivo Alto Waterway which is 100 feet across. The site appears to be developable for a 3-story single family residence of approximately 2,900 square feet, with boat dock, waterfront patio, 2 car garage, and rooftop living space. Sales comparables & active listings for new(er) homes in the area support a sale price of $5,000,000 to $5,500,000 depending on the size, design merits, and finish quality of the New Structure. The seller has Preliminary Architectural Plans, Drainage & Grading plan, Landscaping Plan, Coastal Hazard Analysis Report, and Sea Wall Report. Remodel it or rebuild, R2 Zoning per City!
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Main Level Bedrooms 1
Interior
Interior Features Beamed Ceilings, Built-in Features, Balcony, Granite Counters, Living Room Deck Attached, Attic, Bedroom on Main Level, Jack and Jill Bath, Walk-In Closet(s)
Heating Central, Forced Air
Cooling None
Flooring Carpet, Vinyl
Fireplaces Type Living Room, Master Bedroom
Fireplace Yes
Appliance 6 Burner Stove, Disposal
Laundry In Garage
Exterior
Exterior Feature Boat Slip, Dock
Parking Features Garage Faces Front
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Fishing, Gutter(s), Street Lights, Water Sports, Park
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Overhead Utilities
View Y/N Yes
View Canal, Water
Roof Type Tile
Porch Rear Porch, Brick, Deck
Attached Garage Yes
Total Parking Spaces 4
Private Pool No
Building
Lot Description Back Yard, Near Park, Value In Land
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Mediterranean, Traditional
Level or Stories Two
New Construction No
Construction Status Fixer
Schools
Elementary Schools Newport
Middle Schools Horace Ensign
High Schools Newport Harbor
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 42330305
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Paul Dolkas • McMonigle Group Corp
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