$2,250,000
- Beds
- 3
- Baths
- 2.0
- sq ft
- 887
404 Clubhouse Ave, Newport Beach, CA 92663
404 Clubhouse Ave
Newport Beach, CA 92663
- 45 days on market
- Price drop $250,000↓
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 stone’s throw to the channel. It is also close to Newport’s 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 Beach’s 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!
Details
Property type
Single Family Residence
Property condition
Fixer
Lot size
2,646 sq ft
Price per sq ft
$2,537
Year built
1930
HOA
No
Price History
12/05/2024
CRMLS #OC24228268
Price change
$2,250,000
-10%
11/07/2024
CRMLS #OC24228268
Listed
$2,500,000
Schools & Community
Elementary school:
Newport
Middle school:
Ensign
High school:
Newport Harbor
Community features: Sidewalks
Community features:
Sidewalks
High school district:
Newport Mesa Unified
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Tomo last checked: 12/22/2024 at 2:25 AM
Listing updated: 12/10/2024 at 11:15 AM
Listed by: Nancy Andreason, Coldwell Banker Realty Phone #: (949) 644-1600
MLS: CRMLS #OC24228268
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