515 36th ST, Newport Beach, CA 92663 – NP19282651

$2,870,000

Est. payment -/mo

$2,870,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

4 Beds

3 Baths

2,143 SqFt

SOLD DATE : 05/22/2020

Key Details

Sold Price $2,870,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,143 sqft

Price per Sqft $1,339

Subdivision West Newport Beach (Wsnb)

MLS Listing ID NP19282651

Sold Date 05/22/20

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1930

Lot Size 4,356 Sqft

Property Description

RARE DEVELOPMENT OPPORTUNITY 4,500SF WATERFRONT LOT!!
Extremely rare opportunity to acquire a 4,500 SF waterfront lot that can accommodate up to a 45' boat. The majority of lots in Newport are under 3,000 SF which is why this property is so desirable and can accommodate a boat larger than 30'.

As a potential buyer you have the option to either keep as is, build a custom home on an oversized waterfront lot, or redevelop the property and create an income producing investment as this property is fully approved to build two custom 2,050 SF three story condominiums.

Each condo has a the ability to accommodate 3 vehicles each with their own garage, carport and street parking (6 total). Each condo includes a kitchen, living area, 3 bedrooms, 5 bathrooms, waterfront patio, third story viewing deck, and a shared dock accommodating up to two boats. Totaling 2 Kitchens, 2 living areas, 6 bedrooms, 10 bathrooms, two viewing decks, and more (see plans)!

While this property is centrally located just a stroll away from some of Newport Beach's best restaurants, shopping, and entertainment, it's also in the heart of local activities such as surfing, swimming, biking, beach volleyball, and strolls along the boardwalk. This waterfront property has amenities many other properties in Newport Beach can't offer with direct access to a private dock allowing kayaking, paddle boarding, fishing, boating, and much more.

Please do not disturb tenant. Call for details and more information.

Location

State CA

County Orange

Area N8 - West Newport - Lido

Rooms

Main Level Bedrooms 1

Interior

Interior Features Beamed Ceilings, Built-in Features, Brick Walls, Balcony, Recessed Lighting, Main Level Master, Walk-In Closet(s)

Heating Central, Fireplace(s)

Cooling None

Flooring Carpet, Laminate

Fireplaces Type Family Room, Living Room

Fireplace Yes

Appliance Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave

Laundry In Garage

Exterior

Parking Features Boat, Direct Access, Garage Faces Front, Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Good Condition, Wood

Pool None

Community Features Biking, Curbs, Street Lights, Sidewalks, Water Sports, Fishing

Waterfront Description Bay Front,Canal Front,Dock Access,Navigable Water,Ocean Access,Seawall

View Y/N Yes

View Bay, Canal, Harbor, Panoramic, Water

Accessibility Grab Bars, Parking

Attached Garage Yes

Total Parking Spaces 1

Private Pool No

Building

Lot Description Drip Irrigation/Bubblers, Sprinklers In Rear, Sprinklers In Front, Paved, Sprinkler System

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 42308107

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing FHA

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Diego Magdaleno

support@1visionproperties.com +1(714) 681-1222

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by John Zarvos • Viking Real Estate and Inv.
Bought with General NONMEMBER • CRMLS

Discover this area's home values and other market trends. Get in touch with us for a detailed market analysis.

+1(714) 681-1222

support@1visionproperties.com

Serving OC & LA, United States

GET MORE INFORMATION

QUICK SEARCH