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$3,950,000

Beds
2
Baths
2.5
sq ft
1,860

601 Lido Park Dr Unit 3F, Newport Beach, CA 92663

601 Lido Park Dr Unit 3F

Newport Beach, CA 92663

  • 38 days on market
Indulge in the epitome of luxury waterfront living within this magnificent high-rise condominium, nestled just off Lido Isle on the picturesque bayfront of Newport Beach. Revel in awe-inspiring vistas encompassing the harbor, ocean, majestic mountains, and twinkling city lights from this third-floor sanctuary, offering an unparalleled coastal Orange County lifestyle. Spanning over 1850 square feet, this spacious residence boasts two expansive bedrooms, two full bathrooms, and a stylish powder room adorned with a captivating backlit onyx wall. Impeccably updated, the interior showcases newly refinished wood floors, architecturally designed iron handrails, fresh moldings, and pristine walls. The kitchen is a chef's delight, equipped with brand-new, top-of-the-line appliances, while commanding harbor views make meal preparation a delight. Relish panoramic views to the south from the inviting living room, while the bedroom window unveils breathtaking western vistas. The building itself serves as a haven of luxury, offering an array of generous amenities such as 24/7 security and concierge services, subterranean parking, a newly renovated resort-style pool, rooftop deck, guest parking, fitness center, and an entertainment room for hosting grand gatherings. For those with a penchant for maritime adventures, private boat dock access is available (subject to availability). The building recently underwent a comprehensive two-year, multi-million-dollar renovation by the HOA, and boasts updated plumbing and electrical systems, new elevators and hallways, glass pool and balcony enclosures, and a rejuvenated pool/jacuzzi area surrounded by pristine hardscape throughout the grounds. Perfectly positioned across from esteemed dining establishments like The Cannery and Blue Water Grill, and a stone's throw away from The Lido House, Nobu, and select shops, residents are spoiled for choice with an abundance of shopping, dining, and entertainment options at their fingertips. Seize the opportunity to immerse yourself in an unmatched lifestyle in the heart of coastal Orange County.

Details

Property type

Condominium

Est. home value

$3,115,280

Lot size

Unknown

Price per sq ft

$2,124

Year built

1972

Monthly HOA fee

$1,945

Price History

05/24/2024
CRMLS

CRMLS #NP24105811

Listed
$3,950,000

Schools & Community

Elementary school: 

Newport

Middle school: 

Ensign

High school: 

Newport Harbor

Community features: 

Pool, Gated, Curbs, Sidewalks, Fishing

High school district: 

Newport Mesa Unified

Number of units in community: 

54

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

The Northern Trust Co

Loan start date

December 2020

Original loan amount

$450,000

Est. remaining balance

Not provided

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Beverly W Raker and Raker Family Trust

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?

Status: Active

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

Listing updated: 06/03/2024 at 11:33 AM

Listed by: Arthur Dorr, Balboa Realty Phone #: (949) 734-7419

MLS: CRMLS #NP24105811

CRMLS logo

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