This multi-generational property has been owned by the same local prominent family for over 50 years. It took them nearly a decade, back in the mid 1900s to acquire these 3 "R2" parcels in a row, located in a premium bayfront location on Newport Island, Newport Beach. Arguably the most unique quality is that the city still recognizes there to be 3, (est) 30 foot wide R2 parcels ready for development as there are still 3 individual utility laterals running under each parcel. This marks an exciting opportunity to enjoy the recently remodeled beach house that retains its mid-century character, while having an incredible investment/development opportunity in the land below for future use. The current boat dock can accommodate a vessel up to 50 feet! Currently priced at land value, don't let this exceptional opportunity pass you by.
|DAYS ON MARKET||Login to view Days on Market||LAST UPDATED||12/14/2017|
|TRACT||Newport Island (NEWI)||YEAR BUILT||Login to view Year Built|
|COMMUNITY||N8 - West Newport - Lido||COUNTY||Orange|
|STATUS||Active||PROPERTY TYPE(S)||Single Family|
|School District||Newport Mesa Unified|
|AREA||N8 - West Newport - Lido|
|EXTERIOR||Boat Slip, Dock Private|
|HOA DUES||40.00 | Monthly|
|LOT||10700 sq ft|
|LOT DESCRIPTION||Corner Lot, Lot-Level/Flat, Tear Down, Value In Land|
|MASTER ON MAIN||Yes|
|SUBDIVISION||Newport Island (NEWI)|
|UTILITIES||Public; Sewer Paid;|
|WATERFRONT DESCRIPTION||Bay Front,Ocean Access,Ocean Side Of Hig|
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/22/18 6:09 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2018.