4017 Channel Place, Newport Beach

Newport Beach Home For Sale

First Time On Market! Once in a lifetime property located on the ONLY 45 foot waterfront lot on all of Channel Place with amazing sunset and peekaboo ocean view South-Western exposure. The home is a single parcel zoned R2 lot with a 3 bed 2 bath lower unit and a 2 bed 2 bath + den upper unit. Both upper and lower units have amazing channel views, both with full open concept floor-plans and living room fireplaces. Upper unit has a dual master setup with large vaulted ceilings and a mid-century modern feel and a large full property-width deck off the living room and master. Lower unit has a large brick-layed courtyard leading out to the largest water-frontage and dock(ability) on the south-side of the island. This property is located at the far North end of Channel Place; Cul-de-sac location with parking both in the two garages and on both sides of street. Property has great bones with a ton of potential for both a multi-family living compound or amazing two unit investment with full cosmetic renovation. Property is a FIXER and is sold in as-is conditions with no promises or warranties implied or expressed; Property is sold as part of a Trust. We have had a ton of off-market interest and the owner wishes to bring it to market. Don't miss this amazing investment opportunity on the widest south-facing lot on Newport Island !

Property Details

4017 Channel PlaceSquare Ft: 2,861Lot Size: 0.06Bedrooms: 5Bathrooms: 4Price: $2,550,000Zip: 92663
MLS® #: OC20062365Neighborhood: Newport Island (NEWI)Levels: TwoGarages: 2School District: Newport Mesa UnifiedDays on Market: 12

Sales Agent

Beach Cities Real Estate
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Additional Information

  • City:
    Newport Beach
  • County:
  • Zip:
  • MLS® #:
  • Bedrooms:
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  • Square Ft:
  • Lot Size:
  • Neighborhood:
    Newport Island (NEWI)
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  • School District:
    Newport Mesa Unified
  • HOA Dues:

Price Change History for 4017 Channel Place, Newport Beach, CA (MLS® #OC20062365)

Date Details Price Change
Active Under Contract (from Active)
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Provided By: Dale Austin(01947031), Compass.

Based on information from California Regional Multiple Listing Service, Inc. as of April 5th, 2020 at 11:42am PDT. 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.