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Diego Magdaleno

1Vision Real Estate

diego@1visionproperties.com +1(714) 376-8652

$2,794,999

Est. payment - /mo

3 Beds

3 Baths

1,183 SqFt

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Sat May 17, 12:00pm - 3:00pm

Sun May 18, 1:00pm - 3:00pm

Fri May 16, 11:00am - 2:00pm

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,183 sqft

Price per Sqft $2,362

MLS Listing ID OC25072990

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1945

Lot Size 2,374 Sqft

Property Sub-Type Single Family Residence

Property Description

Lowest priced Single Family Home on the Peninsula! Motivated seller open to all offers! Ideally situated at the gateway to the Balboa Peninsula, this charming modern rustic home offers an exceptional opportunity to enjoy coastal living in one of Southern California's most desirable locations — with added upside for investors and developers. Just one block from the beach and moments from the scenic Newport Harbor canals, this 3-bedroom, 2.5-bathroom property combines livability with outstanding potential. Set on a 2,375 sq. ft. lot with R2 zoning, the home opens the door to a variety of value-add opportunities, including a custom remodel, luxury flip, or ground-up development of a duplex or two-unit investment property. With very high ARVs (After Repair Values) for new or extensively renovated homes nearby, this property offers a compelling canvas for those looking to maximize ROI in a prime coastal location. The home itself features a spacious front courtyard—perfect for entertaining or simply relaxing in the ocean air. A convenient outdoor half-bath, ideal for rinsing off after the beach or hosting guests, enhances the seamless indoor-outdoor lifestyle. Inside, the home's nearly 1,200 sq. ft. footprint is warm and inviting, with thoughtful details and a touch of rustic character. While the upstairs bathroom has been recently updated and the kitchen is outfitted with premium Viking appliances, there's also ample opportunity to add value through further updates or expansion. A two-car garage provides valuable off-street parking, and the location offers effortless access to the best of Newport Beach—including top-rated schools, fine dining, vibrant nightlife, and luxury shopping at nearby Fashion Island. Outdoor enthusiasts will appreciate proximity to The Wedge's world-class surfing and Crystal Cove's scenic hiking trails, while beach lovers can enjoy the sand and surf just steps away. Whether you're seeking a full-time residence, weekend retreat, or a project with serious upside, this Newport Beach gem offers a rare combination of location, lifestyle, and development potential — all while avoiding the congestion typically associated with deeper Peninsula properties.

Location

State CA

County Orange

Area N8 - West Newport - Lido

Interior

Interior Features Ceiling Fan(s), Granite Counters, All Bedrooms Up

Heating Electric

Cooling Electric

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Freezer, Microwave

Laundry Inside

Exterior

Exterior Feature Lighting

Parking Features Garage

Garage Spaces 2.0

Garage Description 2.0

Fence Block

Pool None

Community Features Biking, Fishing, Golf, Hiking, Park, Street Lights, Water Sports

View Y/N Yes

View Canal, Ocean

Roof Type Wood

Accessibility Safe Emergency Egress from Home

Porch Brick, Deck, Front Porch, Open, Patio, Porch, Wood

Attached Garage Yes

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type House

Story 2

Entry Level Two

Sewer Public Sewer

Architectural Style Cottage, Modern

Level or Stories Two

New Construction No

Schools

Elementary Schools Newport

Middle Schools Ensign

High Schools Newport Harbor

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 42330803

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, Cal Vet Loan, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac, Government Loan, Trust Deed, USDA Loan, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, Contract, Cal Vet Loan, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac, Government Loan, Trust Deed, USDA Loan, VA Loan

Special Listing Condition Standard

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Listed by Brian Campbell • Berkshire Hathaway HomeService • 949-244-6674

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210 39th ST Newport Beach, CA 92663