tomo logo

$2,995,000

Beds
3
Baths
3.0
sq ft
1,836

4405 Channel Pl, Newport Beach, CA 92663

4405 Channel Pl

Newport Beach, CA 92663

  • 85 days on market
    • Price drop $204,000↓
Just a gentle sea breeze away from the beach and newly built in 2017, this Balboa Peninsula treasure emerges as a beacon of coastal elegance in the heart of Newport Beach, California. This fully furnished, turnkey sanctuary unfolds over three levels, offering three luxurious bedrooms, a versatile loft, and three sumptuous bathrooms. Accompanied by a single-car garage and additional covered parking, it's the rooftop terrace that truly captivates, delivering panoramic views that promise the pinnacle of relaxation and high-end entertainment. With architectural mastery at its core, the home features towering vaulted ceilings and grand windows that capture the radiant California sunshine, accentuating the spacious, open-plan living areas dressed in sophisticated, neutral tones. The luxury underfoot is tangible with wide-plank white oak floors, complemented by the grace of stylish pendant lighting from above. Stainless steel cable railings add a contemporary touch, leading residents through the vertical expanse of this refined urban retreat. The kitchen is a chef’s dream, resplendent with pristine white quartz countertops, a spacious island poised for entertaining, the finest stainless steel appliances, and sleek European cabinetry. The primary suite is a secluded haven with a spa-inspired bathroom, featuring dual vanities, an expansive walk-in shower, a lavish soaking tub, and a generous walk-in closet. Sustainable living is embraced here, with solar panels fully paid for in 2018 and transferable valid short-term rental license, a remarkable value in Newport Beach. The home’s allure includes recessed lighting, central heating, and air conditioning, with the added luxuries of a built-in wine refrigerator and a chic custom backsplash. The rooftop space, ripe for the addition of a hot tub, offers a haven for both serene contemplation and vibrant socializing under the sky. Situated a mere block from the pristine sands and waves, within walking distance of fine dining, premier shopping, and the sublime beach, this property offers more than a residence—it curates a lifestyle of sophistication and leisure. We invite you to be captivated by this architectural wonder and to envision your life unfolding in this extraordinary coastal enclave, where every detail celebrates luxury, comfort, and the essence of dreamy beachside living. Thank you for considering this magnificent, fully furnished, and turnkey home, newly constructed in 2017.

Details

Property type

Condominium

Est. home value

$2,893,257

Lot size

2,076 sq ft

Price per sq ft

$1,632

Year built

2017

Price History

05/22/2024
CRMLS

CRMLS #OC24065021

Price change
$2,995,000
-6.38%
04/07/2024
CRMLS

CRMLS #OC24065021

Listed
$3,199,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks, Park

High school district: 

Newport Mesa Unified

Number of units in community: 

2

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Monaco Trade Lp

Loan start date

February 2023

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

6.42%

Loan type

Commercial

Seller

Capital Realty Advisory Llc

Lender

Ocmbc Inc

Loan start date

June 2022

Original loan amount

$2,000,000

Est. remaining balance

$1,942,286

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

Capital Realty Advisory Llc

Lender

The Fitzpatrick Llc

Loan start date

March 2019

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

4.45%

Loan type

Not Provided

Seller

Capital Realty Advisory Llc

Lender

Customer Service Mortgage Corp

Loan start date

February 2019

Original loan amount

$1,350,000

Est. remaining balance

Not provided

Interest rate

6.99%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Capital Realty Advisory Llc

Lender

Startegic Emerging Economic Inc

Loan start date

March 2018

Original loan amount

$1,650,000

Est. remaining balance

Not provided

Interest rate

4.04%

Loan type

Not Provided

Seller

Capital Realty Advisory Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 06/30/2024 at 7:35 PM

Listing updated: 06/14/2024 at 3:23 PM

Listed by: Bob Barnhart, Robert Barnhart, Broker Phone #: (949) 610-0488

MLS: CRMLS #OC24065021

CRMLS logo

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