• Price$5,999,000
  • Beds4
  • Baths5
  • SQ. Feet3,937
  • Acres0.25
  • Built1954

3900 Channel Place, Newport Beach

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.

Essential Information

  • MLS® #OC17274752
  • Price$5,999,000
  • Bedrooms4
  • Bathrooms5.00
  • Full Baths5
  • Square Footage3,937
  • Acres0.25
  • Year Built1954
  • TypeResidential
  • Sub-TypeSingle Family
  • StyleCustom Built
  • StatusActive

Amenities

  • Parking Spaces2
  • # of Garages2
  • ViewBay View, Harbor View, Panoramic View, Water View
  • Is WaterfrontYes
  • WaterfrontBay Front, Lot has Ocean Access, Ocean Side of Highway 1, Lot on/near Seawall
  • PoolNone

Exterior

  • Exterior FeaturesBoat Slip, Dock Private
  • Lot DescriptionCorner Lot, Lot-Level/Flat, Value In Land, Tear Down
  • WindowsStained Glass

Additional Information

  • Date ListedDecember 13th, 2017
  • Days on Market30

Community Information

  • Address3900 Channel Place
  • AreaWest Newport - Lido (N8)
  • SubdivisionNewport Island (NEWI)
  • CityNewport Beach
  • CountyOrange
  • StateCA
  • Zip Code92663

Interior

  • HeatingCentral Furnace
  • CoolingCentral A/C
  • FireplaceYes
  • FireplacesDining Room, Family Room, Master Bedroom
  • # of Stories2
  • StoriesTwo

School Information

  • DistrictNewport Mesa Unified

Listing Details

  • Listing AgentJason C Bradshaw(01304396)
  • Listing OfficeColdwell Banker Res. Brokerage
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Based on information from California Regional Multiple Listing Service, Inc. as of January 16th, 2018 at 11:41pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.