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$7,200,000

Est. payment - /mo

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5 Beds

4 Baths

2,861 SqFt

Active

4017 Channel PL Newport Beach, CA 92663

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,861 sqft

Price per Sqft $2,516

Subdivision Newport Island (Newi)

MLS Listing ID NP25084939

Bedrooms 5

Full Baths 4

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1964

Lot Size 3,410 Sqft

Property Sub-Type Duplex

Property Description

Completely reimagined and remodeled waterfront property offers modern luxury, breathtaking views, 45 feet of frontage, a new dock, and an unbeatable location on Newport Island. This post-modern, contemporary home has been thoughtfully redesigned to seamlessly integrate its stunning bayfront setting with high-end finishes, an open-concept living space, and a seamless indoor-outdoor flow. The property is currently configured as an upper and lower duplex, with the potential to live as a single-family home.

The upper unit is a showstopper, featuring vaulted ceilings featuring floor-to-ceiling windows that frame the panoramic views of the channel. The dramatic high ceilings and open-concept design create an expansive, light-filled space where the living and dining areas blend effortlessly with the gourmet kitchen. With two bedrooms, two bathrooms, and a versatile bonus room ideal for an office or gym, this residence is as functional as it is beautiful. A private waterfront patio extends the living space outdoors, offering the perfect place to unwind and take in the serene views.
The lower unit is designed for seamless indoor-outdoor living, complete with an expansive waterfront patio that boasts 45 feet of frontage and a brand-new dock. The spacious interior has been thoughtfully designed to maximize comfort and style. With three bedrooms and two bathrooms, this unit is ideal for guests, extended family, or rental income.

Newport Island is one of Newport Beach's best-kept secrets, a small and exclusive waterfront community with fewer than 200 homes. Uniquely positioned on the bay while being just two blocks from the ocean, this home offers the best of both worlds—boating and paddleboarding right from your dock, with the beach, shopping, and dining just a short stroll away. The neighborhood features a waterfront park and a charming baby beach in a tranquil, tucked-away setting.

This exceptional duplex presents an incredible opportunity for an owner-user, investor, or anyone seeking the ultimate waterfront lifestyle in one of Newport Beach's most desirable locations.

Location

State CA

County Orange

Area N8 - West Newport - Lido

Rooms

Main Level Bedrooms 3

Interior

Interior Features Beamed Ceilings, Balcony, High Ceilings, Pantry

Heating Forced Air

Cooling Central Air

Flooring Wood

Fireplaces Type Gas, Living Room

Fireplace Yes

Appliance 6 Burner Stove, Built-In Range, Dishwasher, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Exterior Feature Dock

Parking Features Garage

Garage Spaces 2.0

Garage Description 2.0

Fence Wood

Pool None

Community Features Sidewalks, Water Sports

Waterfront Description Canal Front,Dock Access,Seawall

View Y/N Yes

View Canal, Water

Roof Type Composition

Porch Concrete, Deck, Open, Patio

Attached Garage Yes

Total Parking Spaces 2

Private Pool No

Building

Lot Description Landscaped, Sprinkler System

Dwelling Type Duplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled,Turnkey

Schools

Elementary Schools Newport

Middle Schools Ensign

High Schools Corona Del Mar

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 42305302

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Listed by Brad Hinman • Compass

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