3
See all 3 photos
$2,400,000
Est. payment /mo
4 Beds
2 Baths
1,159 SqFt
New
2427 Margaret Drive Newport Beach, CA 92663
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Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,159 sqft
Price per Sqft $2,070
Subdivision Newport Heights (Newh)
MLS Listing ID PW25174094
Bedrooms 4
Full Baths 2
Year Built 1954
Property Sub-Type Detached
Property Description
Located in the prestigious Newport Heights neighborhood, this 8,662 sq. ft. lot presents a rare opportunity to build your dream home or redevelop for investment. Nestled in one of Newport Beachs most desirable areas, the property is surrounded by tree-lined streets, award-winning schools, vibrant dining, and world-class beaches. It offers incredible potential for crafting a custom residence that embodies the quintessential Southern California lifestyle. Whether you envision a sleek modern design or a classic coastal retreat, the possibilities are endless. With proximity to Newport Harbor, Balboa Peninsula, Hoag Hospital, Fashion Island, parks, and scenic trails, the location is both convenient and enviable. Newport Heights is celebrated for its strong sense of community and upscale living, making this an exceptional place to call home. Opportunities like this are increasingly rare, where the value lies not only in the land but in the lifestyle it offers. The property is being sold as-is. The Sellers would like a 60-day escrow. Buyers are advised to verify all potential uses with the city and relevant & authorities.
Location
State CA
County Orange
Direction Google Map
Interior
Heating Forced Air Unit
Fireplaces Type FP in Family Room
Fireplace No
Exterior
Garage Spaces 1.0
View Y/N Yes
Water Access Desc Public
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 42510111
Special Listing Condition Standard
Listed by Lucia Proulx Coldwell Banker Realty