509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
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509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
509 38th Street
Sold

509 38th Street

509 38th Street, Newport Beach, CA 92663

$2,550,000
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, don't miss it.

1,374 Sq.Ft. LIVING AREA

4,029.3 Sq.Ft. lot

Brian Wollner

Brian Wollner

Features & Amenities

Interior

  • KITCHEN Built-In Range, Dishwasher, Electric Cooktop, Electric Oven, Water Heater
  • Laundry room In Kitchen
  • Flooring Laminate, Tile
  • Fireplace None
  • other interior Features High Ceilings, Storage, All Bedrooms Down, Bedroom on Main Level, Galley Kitchen

Area & Lot

  • Status Sold
  • Living Area1,374 Sq.Ft.
  • Lot Area4,029.3 Sq.Ft.
  • MLS® IDOC23016692
  • TypeMulti-Family
  • YEAR BUILT1960
  • Architecture StylesRanch
  • Water Frontage['Ocean Side Of Highway']

Exterior

  • STORIES1
  • Garage Space2.0
  • water SourcePublic
  • PoolNone
  • roofComposition, Shingle
  • lot featuresCorner Lot, Value In Land
  • parkingConcrete, Driveway Level, Door-Single, Driveway, Garage, Garage Door Opener, Paved
  • HEAT TYPECentral
  • AIR CONDITIONINGNone
  • sewerPublic Sewer
  • security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
  • other exterior FeaturesRain Gutters

Financial

  • Sales Price$2,550,000
  • Zoning R2

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