404 Clubhouse Avenue Active

Newport Beach,CA 92663

$ 2250000

3 Beds

2 Baths

887 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 887 sqft

Price per Sqft $2,536

Subdivision Lido Peninsula

MLS Listing ID OC-24228268

Style Bungalow

Bedrooms 3

Full Baths 2

Year Built 1930

Lot Size 2,646 Sqft

Property Description

A Rare Opportunity! Remodel the Bungalow OR Build Your Dream Home in the Highly Desirable Finley Tract, Newport Beach! Prime Location! If you build up, 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 remodel or 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!

Location

State CA

County Orange

Interior

Interior Features Tile Counters

Heating Wall Furnace

Cooling None

Flooring Vinyl,Carpet

Fireplaces Type None

Laundry Inside

Exterior

Garage Spaces 1.0

Pool None

Community Features Sidewalks

Utilities Available Water Connected,Electricity Connected,Natural Gas Available

View Y/N Yes

View Canal

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

Schools

Elementary Schools Newport

Middle Schools Ensign

High Schools Newport Harbor

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