Listed by SCOTT OSTLUND with LEE & ASSOCIATES-ONTARIO

4008 River Avenue

Newport Beach, CA, 92663

$6,490,000

$3,345 per ft²
$6,490,000
$3,345 per ft²
Active
Active
 - For Sale
beds
5 Beds
baths
2 Baths
carpenters-square
1,940 ft²
property_type
Multi-family
calendar
Built 1946
You've found a Unicorn. This beautiful bay front Duplex/Income home is include two expansive decks and a large boat dock. Just two blocks from the beach this waterfront gem makes you feel like you are living on the bay and the beach at the same time. The upstairs unit includes a large master bedroom and closet and charming bedrooms behind sleek barn doors. The large bathroom includes a beautiful glass enclosed walk in shower. One guest bedroom suite features an oak closet, bay view window, retractable Samsung HD TV under a lovely ceiling fan. The third bedroom can only be described as a kids delight with the bunk bed, patriotic décor and X-box 360 set up on a Samsung Smart television. From the bow to stern, this room is outfitted to provide kids with comfort and memories, but can easily be converted to an office or traditional bedroom. The kitchen is perfectly situated to cook and entertain across from a large dining area. The large living room is bright and open bringing the vibrations from the Pacific ocean into the home. The large deck overlooks Newport Harbor with a view of Newport Isle and the stars at night. The lower level is a two bedroom one bath beauty with a large living room The master bedroom includes a large closet behind barn doors and plenty of space. The second room is currently an office but can be easily converted back into a spacious 2nd bedroom. The bathroom features heated floors, heated towel rack, electric fireplace and a huge custom walk-in shower. The kitchen overlooks the living room and expansive lower deck so you can cook and watch the boats float across the channel. The living room is vast and open with french doors leading to a one-of-a-kind Bayfront deck. The deck includes a jacuzzi, fire pit and custom bar and BBQ. Best of all, walk down the plank to a boat dock that can accommodate water craft up to 30 feet and have room to side-tie a Duffy. If you love the water and the outdoors this home is for you. The home comes with a short term rental permit. The upstairs unit is currently utilized as a short term rental and the lower unit is occupied by a long term tenant willing to stay or leave according to the desires of the new owner. 2021 gross income for upstairs $181,608.
MLS® ID:
WS22242302
Listed:
11/14/22
Updated:
3/26/23

Interior Features

Kitchen Appliances
Dryer, Washer
Total Bedrooms
5
Full Bathrooms
2
Laundry Description
Common Area
Fireplace
None
Cooling
See Remarks

Exterior/Building Features

Lot Size
2,923 ft² lot
Exterior Features
Dock, Deck, Open, Patio, See Remarks
Architectural Style
Cape Cod
Lot Details
0-1 Unit/Acre
Sewer
Public Sewer

School Information

High School
Newport Mesa Unified

Other Property Details

Area Name
N8 - West Newport - Lido
Association Amenities
Biking, Curbs, Fishing
Garage
Yes
Garage Spaces
1
Parking
1
Parking Total
1.0
View
Y
County
Orange
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2
Buyer Agency Compensation
3.000

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/26/23. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 3/26/23 at 5:46 PM UTC

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