404 Clubhouse Avenue, Newport Beach, CA 92663

$2,500,000 Asking Price

2 beds
2 baths
887  sqft
Built in 1930

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 stones throw to the channel. It is also close to Newports 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 Beachs most prestigious locations and create your ideal coastal retreat or investment property. This is a probate sale, with full authority, no court confirmation is require

Features & Amenities

Interior

Laundry:
Inside
Flooring:
Carpet,Linoleum/Vinyl
A/C:
N/K
Heating:
Wall/Gravity
Fireplace:
N/K

Exterior

Style:
Craftsman/Bungalow
Pool:
None
Parking:
Parking spaces: 1

Construction

Roofing:
Composition
General:
2 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Orange

Lot

Zoning:
42310208
View:
Canal
Fencing:
Wood

Utilities

Utilities:
Electricity Connected,Natural Gas Available,Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Coldwell Banker Realty, Nancy Andreason

About Newport Beach, CA

Housing

Number of Units
32,933
Median Home Value
$1,108,062
Median Rent
$2,050

52.55% of housing units are renter occupied.

15.14% are vacant.

Commute

Car
52.33%
Public Transportation
0.19%
Walk to Work
1.03%
Work from Home
45.11%
Other
0.65%

The median travel time to work is 15 minutes.

People

Population
61,724
Median Age
46.20
Median Household Size
2.43

Education

High School
7.46%
Associate’s Degree
6.48%
Bachelor’s Degree
40.94%
Graduate Degree
26.28%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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