Pending
5306 Neptune Avenue Newport Beach, CA 92663
$2,799,000
4 beds
3 baths
1,872 sq ft

Courtesy of Douglas Elliman Of California,, Christopher Parr. IDX Contact: 949-270-0440

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Matt Luke

Matt Luke

Broker

DRE#01379779

Property Description

Life at the beach is more appealing than ever at this new listing on Neptune Avenue in Newport Beach.This is a great opportunity to purchase a steps-to-sand income property or turn-key family beach house in the near term, with the long term objective of new construction or remodel in a prime location! This nicely remodeled 4 bedroom 3 bath house sits on an estimated 2160 sqft R1 lot. While you’re working on plans (floor-plans available soon), the existing home is recently remodeled and would make a fine rental property for annual rentals, or a hybrid 30 day+ extended stay rental property that sleeps 8 which you can use as your own beach house during vacancies. 3+ car parking on-site. Custom built ins, recessed lighting, remodeled kitchen with granite countertops, and hardwood flooring. This stellar location, two houses to the beach and a block to PCH, make it highly advantageous for development down the road. The residence is merely moments from the world famous echo 56th surf break, fine dining, endless shopping in Fashion Island, parks, coves, golf and award wining schools. Lowest priced single family home on the West Newport Beach Peninsula!

Property Details & Features

Property Type

  • Single Family Residence

Year Built

  • 1987

Schools

  • Newport Mesa Unified

Bathrooms

  • 3 full bathrooms
  • 3 total bathrooms
  • 3 bathrooms on main level

Bedrooms

  • 4 total bedrooms
  • 4 bedrooms on main level

House

  • 2 total stories
  • Built in 1987
  • Stories: 2
  • 1,872 sqft living area
  • No Common Walls
  • Two
  • House

Community

  • Biking
  • Water Sports

Cooling

  • No cooling

Garage

  • Attached garage
  • 1 garage space

Heating

  • Central

Laundry

  • Inside

Listing

  • Property Subtype: Single Family Residence
  • 22 days on market
  • Listed on 2021-11-01

Location

  • County: Orange

Lot

  • 2160 sqft
  • 0.05 acres
  • Area: 2160
  • Level
  • Value In Land

Parking

  • Carport
  • 1 carport space
  • 1 open parking space
  • 4 total parking spaces

Property

  • Single unit

Schools

  • High School District: Newport Mesa Unified

Sewer

  • Public Sewer

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