Status: SOLD
509 38th St
Newport Beach, CA 92663
Sold Price
$2,550,000
Sold on Mar 10, 2023
After more than 50 years, one of the most exclusive and largest interior corner lots on Newport Island is now available at 509 38th Street and 3801 Channel. The possibilities here are endless. Per Architects estimates, a luxurious 4,250 square foot custom home or duplex can be constructed on this 4,029 square foot lot. Currently, 2, 1 bedroom 1 bathroom, nicely appointed units with outdoor patios and two single car garages are available to be rented: each for approximately $3,000 a month. These rentals present a fantastic opportunity to offset carrying costs during the planning process to build or can simply be held as long-term rentals. Newport Island has a very intimate setting, positioned walking distance to the Ocean and steps from the Newport Harbor. Situated on the west side of the Island, Newport Island Park offers a kids play area, half-court basketball and grill area, all while enjoying views of the water. This is an opportunity that may only come once in a lifetime, dont miss it.
Read more
- Bedrooms
- 2
- Baths
- 2
- House Size
- 1,374 sqft
- Year Built
- 1960
- Lot Size
- 0.09 ac
Location
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Interior Information
- appliances
- Dishwasher
- Electric Oven
- heating
- Forced Air
Exterior Information
- patio and porch
- Patio
- roof
- Composition
- Shingle
Property Information
- community
- Sidewalks
- lot
- Corner Lot
- parking
- Garage
- security features
- Carbon Monoxide Detector(s)
- sewer
- Public Sewer
- subdivision name
- Newport Island (newi)
- water source
- Public
- Listed By Brian Wollner
- brianwollner@gmail.com
- (949) 444-3233
- Coldwell Banker Realty
- (714) 374-4459
- MLS OC23016140
