$2,550,000 - 4017 Channel Place, Newport Beach

  • 5Beds
  • 4Baths
  • 2,861SQ. Feet
  • 0.06Acres

First Time On Market! Once in a lifetime property located on the ONLY 45 foot waterfront lot on all of Channel Place with amazing sunset and peekaboo ocean view South-Western exposure. The home is a single parcel zoned R2 lot with a 3 bed 2 bath lower unit and a 2 bed 2 bath + den upper unit. Both upper and lower units have amazing channel views, both with full open concept floor-plans and living room fireplaces. Upper unit has a dual master setup with large vaulted ceilings and a mid-century modern feel and a large full property-width deck off the living room and master. Lower unit has a large brick-layed courtyard leading out to the largest water-frontage and dock(ability) on the south-side of the island. This property is located at the far North end of Channel Place; Cul-de-sac location with parking both in the two garages and on both sides of street. Property has great bones with a ton of potential for both a multi-family living compound or amazing two unit investment with full cosmetic renovation. Property is a FIXER and is sold in as-is conditions with no promises or warranties implied or expressed; Property is sold as part of a Trust. We have had a ton of off-market interest and the owner wishes to bring it to market. Don't miss this amazing investment opportunity on the widest south-facing lot on Newport Island !

Sales Agent

Sam SmithLaguna Beach Realtors ®Phone: 949-355-1622Cell: 949-355-1622Contact Agent Now

Essential Information

  • MLS® #:OC20062365
  • Price:$2,550,000
  • Bedrooms:5
  • Bathrooms:4.00
  • Full Baths:4
  • Square Footage:2,861
  • Acres:0.06
  • Year Built:1964
  • Type:Residential
  • Sub-Type:Duplex
  • Style:Mid Century Modern, Traditional
  • Status:Active

Community Information

  • Address:4017 Channel Place
  • Area:West Newport - Lido (N8)
  • Subdivision:Newport Island (NEWI)
  • City:Newport Beach
  • County:Orange
  • State:CA
  • Zip Code:92663

Amenities

  • Utilities:Cable Available, Electricity Connected, Natural Gas Connected, Telephone - On Property, Sewer Connected, Water Connected
  • Parking Spaces:2
  • Parking:Garage, Garage - Front Entry, Garage - Two Door, Public, Unassigned, Permit/Decal
  • # of Garages:2
  • View:Canal View, Harbor View, Ocean View, Peek-A-Boo View
  • Is Waterfront:Yes
  • Waterfront:Lot on Navigable Water, Lot has Ocean Access, Lot on/near Seawall, Channel/Canal Front
  • Pool:None

Interior

  • Interior Features:In-Law Floorplan, Balcony, Beamed Ceilings, High Ceilings (9 Feet+), Living Room Balcony, Living Room Deck Attached, Open Floor Plan, Storage Space, Unfurnished, Wet Bar, Drywall Walls
  • Appliances:Gas & Electric Dryer Hookup, Convection Oven, Dishwasher, Free Standing Range, Garbage Disposal, Gas & Electric Range, Gas Water Heater, Range/Stove Hood, Vented Exhaust Fan, Water Heater Unit
  • Heating:Forced Air, Fireplace
  • Cooling:None
  • Fireplace:Yes
  • Fireplaces:Family Room, Gas, Wood, Masonry
  • # of Stories:2
  • Stories:Two

Exterior

  • Exterior:Brick, Drywall Walls, Stucco, Shake Siding
  • Exterior Features:Boat Slip, Dock Private, Boat Slipway
  • Lot Description:0-1 Unit/Acre, Cul-De-Sac, Sprinkler System, Value In Land, Lot Shape-Irregular
  • Roof:Asphalt, Shingle
  • Construction:Brick, Drywall Walls, Stucco, Shake Siding
  • Foundation:Concrete Slab

School Information

  • District:Newport Mesa Unified
  • High:NEWHAR

Additional Information

  • Date Listed:February 26th, 2020
  • Days on Market:5
  • HOA Fees:0.00

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Provided By: Dale Austin(01947031), Compass.

Based on information from California Regional Multiple Listing Service, Inc. as of March 29th, 2020 at 5:16am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.