5109 Seashore Drive, Newport Beach, CA 92663

$5,800,000

Est. payment -/mo

$6,295,000

7.9%

Est.Price: ?

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3 Beds

2 Baths

1,152 SqFt

SOLD DATE : 04/19/2024

Key Details

Sold Price $5,800,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,152 sqft

Price per Sqft $5,034

Subdivision West Newport Beach (Wsnb)

MLS Listing ID PW24000569

Sold Date 04/19/24

Bedrooms 3

Full Baths 1

Three Quarter Bath 1

Construction Status Additions/Alterations,Fixer

HOA Y/N No

Year Built 1929

Lot Size 1,698 Sqft

Lot Dimensions Assessor

Property Description

Probate sale, subject to probate court approval and overbid. Listing agent was related to owner/decedent, who did not die in the home.

Home is being sold in "as is" condition. Value is in the land/location (oceanfront). Decedent's estate will make no repairs to property.

Rare opportunity in West Newport Beach. Charming oceanfront beach cottage on the sand, built in 1929. There is no boardwalk/bike path in front of the home. The home is located on Seashore Drive, just south of 52nd. Street, a popular area with local surfers. Breathtaking, unobstructed view to the surf line, ocean and Catalina Island.

Step off of the tiled patio and onto the sand beach. There is an elevated wood deck/porch on the first level, overlooking the beach.

3 bedroom home. 1 bedroom, with connecting full bath, kitchen and dining room are on the main level. 2 additional bedrooms, and a 3/4 bath on the 2nd level. Note: It is necessary to walk through the 2nd. bedroom at the top of stairs, in order to access the 3rd. bedroom and the 2nd deck on the upper level, overlooking the beach. 2 car attached garage, with laundry hook-ups and direct access into the home from the garage.

The home also has a very desirable City of Newport Beach Short-term Occupancy Permit. The buyer is to verify with the City of Newport Beach the transferability of said permit to the buyer.

Developers/investors will also recognize the potential for new construction (buyer is encouraged to verify the viability of new construction with the city of Newport Beach), and whether the short-term occupancy permit is transferable to buyer, should new construction be considered/desired by the buyer.

Location

State CA

County Orange

Area N8 - West Newport - Lido

Zoning R-1

Rooms

Main Level Bedrooms 1

Interior

Interior Features Breakfast Bar, Balcony, Separate/Formal Dining Room, Living Room Deck Attached, Tile Counters, Bedroom on Main Level

Heating Natural Gas, Wall Furnace

Cooling None

Flooring Carpet, Tile

Fireplaces Type None

Equipment Satellite Dish

Fireplace No

Appliance Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Range Hood, Water To Refrigerator, Dryer, Washer

Laundry Washer Hookup, Gas Dryer Hookup, In Garage

Exterior

Parking Features Door-Multi, Direct Access, Garage, Garage Door Opener, No Driveway, Garage Faces Rear

Garage Spaces 2.0

Garage Description 2.0

Fence Vinyl, Wood

Pool None

Community Features Street Lights

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities

Waterfront Description Beach Access,Ocean Access,Ocean Front

View Y/N Yes

View Catalina, Coastline, Ocean

Roof Type Composition

Accessibility Safe Emergency Egress from Home, Parking

Porch Front Porch, Patio, Tile

Attached Garage Yes

Total Parking Spaces 2

Private Pool No

Building

Lot Description Rectangular Lot, Sprinklers None, Value In Land

Faces Southwest

Story 2

Entry Level Two

Foundation Pillar/Post/Pier, Raised

Sewer Public Sewer, Unknown

Water Public

Architectural Style Cottage

Level or Stories Two

New Construction No

Construction Status Additions/Alterations,Fixer

Schools

Elementary Schools Newport

Middle Schools Horace Ensign

High Schools Newport Harbor

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 42449402

Acceptable Financing Cash, Cash to New Loan, Conventional, Court Approval

Listing Terms Cash, Cash to New Loan, Conventional, Court Approval

Financing Cash

Special Listing Condition Third Party Approval, Probate Listing

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Diego Magdaleno

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Listed by Thomas Camardi • Ricci Realty • 714-814-6617
Bought with Tara McNabb • Compass

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