3900 Channel Place, Newport Beach, CA, 92663

3900 Channel Place, Newport Beach, CA, 92663 < >
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for sale
$5,999,000
Bedrooms:4
Bathrooms:5
Square Feet:3937
Year Built:1954
Status:Active
MLS #:OC17274752
Date Updated:
For information contact:
Star Real Estate
1-888-887-1897
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Go See This Home
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.
Interior Details
Bathrooms Full: 5Fireplace Features: Dining Room, Family Room, Master Bedroom
Levels: TwoStories Total: 2

Exterior Details
Architectural Style: Custom BuiltExterior Features: Boat Slip, Dock Private
Garage Spaces: 2.00Pool Features: None
Spa Features: NoneView: Bay, Harbor, Panoramic, Water
Waterfront Features: Bay Front, Ocean Access, Ocean Side Of Highway 1, SeaWindow Features: Stained Glass

Community Information
Community Features: Street LightingCounty Or Parish: Orange
Directions: Cross Streets: W. Balboa Blvd X 38th StParcel Number: 42306106
Senior Community YN: 0Subdivision Name: Newport Island (NEWI)

School Details
High School District: Newport Mesa Unified

Property Information From MLS Data
Property Sub Type: Single Family ResidenceVirtual Tour: Click here
Year Built: 1954

Utilities
Cooling: CentralHeating: Central Furnace
Sewer: Sewer PaidWater Source: Public

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Walk Score® for 3900 Channel Place
Schools near 3900 Channel Place
Listing courtesy of Jason C Bradshaw, Coldwell Banker Res. Brokerage

Information obtained from CACRMLS is current as of 2/20/2018 1:38 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.