4204 River Avenue,Newport Beach, CA 92663
Newport Beach, CA 92663
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 Newport Beach boating lifestyle. Imagine stepping outside to enjoy your boat, kayak, or paddleboard, spending afternoons exploring the harbor, and returning home to the tranquility of life along the water. Just a short distance from the sandy beaches of the Balboa Peninsula, neighborhood parks, coastal restaurants, and shopping, the location offers an exceptional combination of recreation, convenience, and coastal charm. For those with vision, the possibilities extend well beyond the existing structure. Whether your goal is to establish a waterfront income property, secure a personal coastal retreat with supplemental rental income, or design and build an extraordinary custom residence, here is a chance to invest in the location today and unlock its potential for tomorrow. Opportunities combining waterfront land, a private boat dock, income potential, and redevelopment possibilities are increasingly difficult to find in Newport Beach. The true value is in the land, the waterfront setting, and the opportunity to create something exceptional. All uses, rental configurations, dock rights, and redevelopment possibilities are subject to independent verification and applicable approvals.
Details
| MLS # | OC26229647 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 20 |
| Listing Provided By | First Team Real Estate | Paula Aragone |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,202 |
| Garage | 3 |
| Story(s) | 1 |
| Units | 2 |
| Acreage | 0.10 |
| Water Front | Yes |
| Property View | Yes |
Interior
| Cooling | None |
|---|---|
| Cooling Yes / No | No |
| Interior Features | In Law Floorplan, Unfurnished, All Bedrooms Up, All Bedrooms Down, Multiple Primary Suites |
| Appliances | Gas Oven |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Boat Slip, Dock |
|---|---|
| Lot Features | Level, Street Level |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Direct Access, Door Single, Garage, Off Street, Workshop In Garage |
| Garage Yes / No | Yes |
Utilities
| Utilities | Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Biking, Dog Park, Park, Water Sports |
|---|
Area Information
| State | CA |
|---|---|
| County | Orange |
| City | Newport Beach |
| Zip Code | 92663 |
| Area | N8 West Newport Lido |
| Community Name | West Newport Beach (WSNB) |
| Listing VS Median (in West Newport Beach (WSNB)) | |
Price: $5,500,000 low | high Med: $4,195,000 sqft: 3,202 low | high Med: 2,220 $ / sqft: $1,718 low | high Med: $1,893 On site: 20 low | high Med: 50.5 | |
Market Activity 92663
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Learn More About This Property
| State | CA |
|---|---|
| County | Orange |
| City | Newport Beach |
| Zip Code | 92663 |
| Area | N8 West Newport Lido |
| Community Name | West Newport Beach (WSNB) |
| Listing VS Median (in West Newport Beach (WSNB)) | |
Price: $5,500,000 low | high Med: $4,195,000 sqft: 3,202 low | high Med: 2,220 $ / sqft: $1,718 low | high Med: $1,893 On site: 20 low | high Med: 50.5 | |
 | $4,499,000210 43rd StreetNewport Beach, CA 92663 |
