$2,500,000
For Sale

404 Clubhouse Avenue

Newport Beach, CA 92663
887 sqft | 2 beds | 2 baths | 0.06 acres | #OC24228268
Listing OfficeColdwell Banker Realty
Browse 51 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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!

  • Interior Details
      • InteriorAllBedroomsDown
    • Beds & Baths
      • Bedrooms2
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • ViewCanal
      • Stories1
    • Measurements
      • Acres0.0607
      • Square Feet887
    • Parking
      • Parking Spaces1
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1930
  • Utilities / Energy Details
      • Utility FeaturesElectricityConnected, NaturalGasAvailable, WaterConnected
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionLido Peninsula (LIPN)
    • Location
      • School DistrictNewport Mesa Unified
      • High SchoolNewport Harbor
      • Elementary SchoolNewport
      • Middle SchoolEnsign
      • CountyOrange
  • Financial Details
      • Original List Price$2,500,000
  • Other
      • MLS #OC24228268

Location

Joshua HenryBerkshire Hathaway Home Services California Properties
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00