tomo logo

$2,899,500

Beds
3
Baths
2.5
sq ft
1,836

4405 Channel Pl, Newport Beach, CA 92663

4405 Channel Pl

Newport Beach, CA 92663

  • 9 days on market
A Coastal Gem with Exceptional Value and Elegance on the Balboa Peninsula Nestled just a gentle sea breeze from the beach and built in 2017, this magnificent Newport Beach property offers not only an impeccable coastal lifestyle but also the financial flexibility of a transferable "Newport Beach SHORT-TERM RENTAL PERMIT". Whether for personal enjoyment or rental income, this rare feature enhances its appeal. A beacon of coastal elegance, this Balboa Peninsula treasure spans three levels, offering expansive living spaces infused with high-end luxury. Fully furnished and turnkey, the home boasts three spacious bedrooms, a versatile loft, and three sophisticated bathrooms. Every corner is meticulously crafted to ensure both beauty and functionality. Soaring vaulted ceilings and grand windows bathe the interiors in radiant California sunshine, while wide-plank white oak floors and contemporary touches like stainless steel cable railings and stylish pendant lighting create a modern, inviting retreat. The chef’s kitchen is a showstopper, featuring pristine quartz countertops, a large entertainment-ready island, sleek European cabinetry, and premium stainless-steel appliances. The open-plan living areas flow effortlessly, perfect for daily living and hosting. The primary suite is a private oasis designed for relaxation, with a spa-inspired bathroom, walk-in shower, soaking tub, and spacious walk-in closet. Outdoors, the rooftop terrace steals the show, offering panoramic views from coastline to skyline. It's ideal for sunset gatherings or quiet reflection and ready for a hot tub addition. Built with sustainability in mind, the home features fully paid-off solar panels (2018), recessed lighting, central heating/air conditioning, and a built-in wine refrigerator. Parking is convenient with a single-car garage and additional covered space. Located a block from the beach and within walking distance to fine dining, premier shopping, and vibrant beachside activities, this home offers not just a residence, but a sophisticated lifestyle of leisure and luxury. Thank you for considering this extraordinary turnkey coastal sanctuary.

Details

Property type

Condominium

Est. home value

$2,893,257

Lot size

3,127 sq ft

Price per sq ft

$1,580

Year built

2017

HOA

No

Price History

11/10/2024
CRMLS

CRMLS #OC24231127

Listed
$2,899,500
-3.19%
10/02/2024
CRMLS

CRMLS #OC24065021

Removed
$2,995,000
05/22/2024
CRMLS

CRMLS #OC24065021

Price change
$2,995,000
-6.38%

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

$1,932,063

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: 11/18/2024 at 11:30 PM

Listing updated: 11/11/2024 at 6:20 AM

Listed by: Bob Barnhart, Luxurious Real Estate Phone #: (949) 270-5375

MLS: CRMLS #OC24231127

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