4204 River AVE, Newport Beach, CA 92663

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Listed by Paula Aragone, from First Team Real Estate
(If provided) CoList: Andrew Ryan from Andrew William Ryan

List Price
$5,500,000
Price Change
▲ $300,000 1792797467
MLS#
CROC26229647
Status
ACTIVE
Levels
One Story
Bedrooms
6
Total Bathrooms
4
Full Bathrooms
4
Lot Size
4,443
Listing Area
N8 - West Newport - Lido
Year Built
1955

Property 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 New

Additional Information

Acres
0.10
Amenities
Other
Bedroom Description
19, Primary Suite / Retreate - 2+, Ground Floor Bedroom
Cooling System
None
Fireplace Description
None
Garage Parking
Workshop in Garage, Garage, Off-Street Parking
Laundry Facilities
Other
Levels
One Story
Lot Description
Grade - Level
Lot Size
4,443
Neighborhood
N8 - West Newport - Lido
Other Utilities
Electricity - On Site
Pool Description
31, None
Style
Bungalow
Unincorporated Yn
Yes
View
Marina View, Ocean View, River / Stream, Water, View of City Lights

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