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Listed by Paula Aragone, DRE #01364746 • First Team Real Estate
$ 5,500,000
Est. payment /mo
New
4204 River AVE Newport Beach, CA 92663
6 Beds
4 Baths
3,202 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,202 sqft
Price per Sqft $1,717
MLS Listing ID CROC26229647
Style Bungalow
Bedrooms 6
Full Baths 4
Year Built 1955
Lot Size 4,443 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
RARE NEWPORT BEACH WATERFRONT OPPORTUNITY WITH DUAL WATER FRONTAGE AND PRIVATE BOAT DOCK! Acquire a distinctive waterfront property combining boating access, income potential, and redevelopment possibilities in desirable Newport Beach. Situated on an approximately 4,500-square-foot lot along the Newport Canal, 4204 River Avenue is a compelling opportunity for investors, builders, boating enthusiasts, and buyers looking to create their dream waterfront residence. The property is legally a duplex and configured as three living areas, with approximately 3,202 square feet of existing improvements, six bedrooms, and four bathrooms. While the property requires renovation, its versatile configuration creates several potential investment strategies. Renovate and explore its rental income potential, enjoy waterfront living while generating supplemental income, or pursue plans for a custom luxury waterfront residence. For developers, the existing set up may offer the advantage of generating rental income to help offset carrying costs while architectural plans, permits, and redevelopment approvals are pursued. What truly sets this property apart is its waterfront setting. Dual water frontage, a private dock, and beautiful canal surroundings create a unique opportunity to embrace the New
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Kitchen Oven - Gas
Interior
Cooling None
Fireplaces Type None
Laundry Other
Exterior
Parking Features Workshop in Garage, Garage, Off-Street Parking
Garage Spaces 3.0
Pool 31, None
Utilities Available Electricity - On Site
View Marina, Ocean, River / Stream, Water, City Lights
Building
Lot Description Grade - Level
Story One Story
Water District - Public
Architectural Style Bungalow
Others
Tax ID 42329304
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