$5,800,000
$5,995,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
0.27 Acres Lot
SOLD DATE : 08/15/2024
Key Details
Sold Price $5,800,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Kings Road (Kgrd)
MLS Listing ID OC24055382
Sold Date 08/15/24
HOA Y/N No
Lot Size 0.268 Acres
Lot Dimensions Public Records
Property Description
Rare Opportunity: Breathtaking Ocean and Bay Views on Kings Road, Newport Beach
Discover an extraordinary opportunity for discerning buyers who crave panoramic ocean and bay views. Perched atop Kings Road, arguably Newport Beach’s premier address, this property offers an expansive 11,690-square-foot lot with an impressive 70 feet of front-row width. Let’s delve into the captivating details: Location and Views: Situated at Newport Beach’s pinnacle, this property boasts awe-inspiring vistas. From Dana Point to Catalina Island and the Palos Verdes Peninsula, the views are nothing short of spectacular. Newport Harbor and the vast Pacific Ocean unfold before you, leaving you in awe. Existing Home: The current residence, a charming 1953 vintage home, spans 1,329 square feet and features 3 bedrooms and 2 baths. However, the true allure lies in the potential to replace it with your dream residence. Dream Residence: Imagine a new home with disappearing walls of glass, seamlessly merging indoor and outdoor spaces. Wake up to the sun rising over the ocean or relish sunsets that paint the sky in hues of orange and pink. Outdoor Living: Enhance your lifestyle with a magical outdoor living space. The veranda overlooks the gently sloping lot, inviting you to create your own oasis. Consider adding a pool, a spa, a pickleball court, and a lanai—all seamlessly integrated into your dream home. Prime Location: Conveniently located near world-class amenities, this property invites you to experience the finest of Newport Beach living. Enjoy proximity to shopping, fine dining, sandy beaches, Newport Harbor, The Back Bay, freeway access, and John Wayne Airport. Unique Opportunity: Notably, this vintage, original residence is the sole offering on the south side of Kings Road. Such opportunities are rare and unlikely to be replicated anytime soon. Unobstructed Bay View: Additionally, this property stands alone on Kings Road, providing a direct, unobstructed nearby view of the bay. Don’t miss this chance to own a slice of Newport Beach paradise
Location
State CA
County Orange
Area N6 - Newport Heights
Zoning SFR
Interior
Fireplace No
Exterior
Community Features Curbs
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Y/N Yes
View Bay, Catalina, City Lights, Harbor, Ocean, Panoramic
Present Use Residential,See Remarks
Building
Lot Description Rectangular Lot, Value In Land
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 04921211
Acceptable Financing Cash
Listing Terms Cash
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Alvin Gels • Coldwell Banker Realty
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Broker Associate | Lic# 01956495