MLS® ID: NP17016659

4703 River Avenue

Newport Beach, California, 92663

$1,800,000 Active Under Contract
  • 2001 SQFT
Offered at “Lot Value”, this is a seldom seen Balboa Peninsula opportunity to acquire an Oversized R2 Lot (where a single level duplex currently sets), and Rebuild to its full potential...so many possibilities! Located at the take-off of the Peninsula makes for easy on/easy off 365 days a year. Entering River Ave., you are greeted with a wide and Beautifully Landscaped Street, where the property owners Undergrounded Utilities (power poles and cables) through a special assessment process. The back side of property opens to a short and extra wide Dead End Alley; a deterrent to non-resident traffic. From the Rooftop Deck of a new 2 or 3-story structure, one could have Sweeping Ocean, City Lights and Sunset Park views. Imagine Year Round Ocean Breezes and the peaceful sound of Waves crashing toward shore in quiet moments. Enjoy some of the best Surf and amazing Sunsets just steps from the property. There are a few beautiful Parks within walking distance; Channel Place Park has a Beach where one may Launch Paddleboards and Kayaks into the Rivo Alto Channel. Fine Dining, the recently renewed Lido Village with Upscale Boutiques, Cannery Village, Art Galleries, the magnificent Marina Park and more, are all just a walk or bicycle ride away from this location. Whether you are looking to build your Dream Home, or envision building 2 Condos as an Investment, this is truly a great chance to create the perfect Newport Beach Lifestyle Experience!
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Listing courtesy of Arbor Real Estate

Amenities

  • HOA fees
    0.00
  • Office name
    Arbor Real Estate
  • SQFT
    2001
  • Purchase Type
    Active
  • Year built
    1956
  • Tax amount
    0
  • Tax year
    0
  • Office ID
    U6821
  • Agent ID
    U40019
  • Agent name
    Marie Little
  • Price Range
    $1.75m-$2m
  • Square Feet Range
    2000-2500 sq ft.
  • Year Built Range
    1989 (and earlier)

Location

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