tomo logo

$2,500,000

Beds
2
Baths
2.0
sq ft
887

404 Clubhouse Ave, Newport Beach, CA 92663

404 Clubhouse Ave

Newport Beach, CA 92663

  • 1 day on market
A Rare Opportunity! Build Your Dream Home in the Highly Desirable Finley Tract, Newport Beach! 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 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

$2,819

Year built

1930

HOA

No

Price History

11/07/2024
CRMLS

CRMLS #OC24228268

Listed
$2,500,000

Schools & Community

Elementary school: 

Newport

Middle school: 

Ensign

High school: 

Newport Harbor

Community features: 

Sidewalks

High school district: 

Newport Mesa Unified

Status: Active

Tomo last checked: 11/08/2024 at 5:05 AM

Listing updated: 11/07/2024 at 1:10 PM

Listed by: Nancy Andreason, Coldwell Banker Realty Phone #: (949) 644-1600

MLS: CRMLS #OC24228268

CRMLS logo

Recently listed in Newport Beach

listing placeholder
images coming soon