4405 Channel Place, Newport Beach, California 92663, Newport Beach, - bed, bath

home-pic
ACTIVE$2,899,500
4405 Channel Place, Newport Beach, California 92663
0Bed
0Bath
1,836Sqft
3,127Lot
Year Built
2017
Close
-
List price
$2.9M
Original List price
$2.9M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25089526
Home ConditionExcellent
Features
Good View: City Lights, Ocean, Peek-A-Boo
Deck
ViewCity Lights,Ocean,Peek-A-Boo

About this home

A Coastal Gem with Exceptional Value and Elegance on the Balboa Peninsula Nestled just a gentle sea breeze from the beach and built in 2017, this magnificent Newport Beach property offers not only an impeccable coastal lifestyle but also the financial flexibility of a transferable "Newport Beach SHORT-TERM RENTAL PERMIT". Whether for personal enjoyment or rental income, this rare feature enhances its appeal. A beacon of coastal elegance, this Balboa Peninsula treasure spans three levels, offering expansive living spaces infused with high-end luxury. Fully furnished and turnkey, the home boasts three spacious bedrooms, a versatile loft, and three sophisticated bathrooms. Every corner is meticulously crafted to ensure both beauty and functionality. Soaring vaulted ceilings and grand windows bathe the interiors in radiant California sunshine, while wide-plank white oak floors and contemporary touches like stainless steel cable railings and stylish pendant lighting create a modern, inviting retreat. The chef’s kitchen is a showstopper, featuring pristine quartz countertops, a large entertainment-ready island, sleek European cabinetry, and premium stainless-steel appliances. The open-plan living areas flow effortlessly, perfect for daily living and hosting. The primary suite is a private oasis designed for relaxation, with a spa-inspired bathroom, walk-in shower, soaking tub, and spacious walk-in closet. Outdoors, the rooftop terrace steals the show, offering panoramic views from coastline to skyline. It's ideal for sunset gatherings or quiet reflection and ready for a hot tub addition. Built with sustainability in mind, the home features fully paid-off solar panels (2018), recessed lighting, central heating/air conditioning, and a built-in wine refrigerator. Parking is convenient with a single-car garage and additional covered space. Located a block from the beach and within walking distance to fine dining, premier shopping, and vibrant beachside activities, this home offers not just a residence, but a sophisticated lifestyle of leisure and luxury. Thank you for considering this extraordinary turnkey coastal sanctuary.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-61.4mi
9/10
Newport Elementary School
Public,PK-61.5mi
7/10
Horace Ensign Intermediate School
Public,7-81.3mi
7/10
Newport Harbor High School
Public,9-121.4mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (38 Listings)
Beds02
Baths02
Square foot1,8361,320
82%
Lot Size3,12738,736
15%
Price$2.9M$1.12M
92%
Price per square foot$1,579$865
90%
Built year20171979
92%
HOA$600
Days on market188175
62%
Condition Rating
Excellent

The property was built in 2017 and appears to be in excellent condition. The kitchen features quartz countertops, European cabinetry, and stainless-steel appliances. The bathrooms have modern fixtures and finishes. The listing mentions paid-off solar panels and other modern amenities, indicating a high level of quality and recent construction/renovation.
Pros & Cons

Pros

Short-Term Rental Permit: The property includes a transferable Newport Beach short-term rental permit, offering significant income potential and flexibility.
Rooftop Terrace with Panoramic Views: The rooftop terrace provides stunning panoramic views of the coastline and skyline, ideal for entertaining and relaxation.
Modern and Turnkey: Built in 2017, the property is fully furnished, turnkey, and features high-end finishes, including wide-plank white oak floors, stainless steel cable railings, and stylish pendant lighting.
Remodeled Chef's Kitchen: The kitchen boasts quartz countertops, a large island, European cabinetry, and premium stainless-steel appliances, making it perfect for cooking and entertaining.
Proximity to Beach and Amenities: Located just a block from the beach and within walking distance to fine dining, premier shopping, and beachside activities, offering a desirable coastal lifestyle.

Cons

Single-Car Garage: The property only has a single-car garage, which may be insufficient for some buyers, although there is additional covered space.
Limited Outdoor Space: Besides the rooftop terrace, the property may lack significant private outdoor space, which could be a drawback for some buyers.
HOA Fees: Condominiums typically have HOA fees, which can add to the monthly cost of ownership. The specific amount is not listed, and could be a deterrent for some buyers.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State