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

home-pic
ACTIVE$2,700,000
4405 Channel Place, Newport Beach, California 92663
3Beds
3Baths
1,836Sqft
3,127Lot
Year Built
2017
Close
-
List price
$2.7M
Original List price
$2.8M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25155812
Home ConditionExcellent
Features
Excellent 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

Price History

Date
Event
Price
08/06/25
$2,700,000
07/11/25
$2,799,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (38 Listings)
Beds32
54%
Baths32
51%
Square foot1,8361,320
82%
Lot Size3,12738,736
15%
Price$2.7M$1.12M
92%
Price per square foot$1,471$865
90%
Built year20171979
92%
HOA$600
Days on market117161
21%
Condition Rating
Excellent

This property was built in 2017, making it only 7 years old, which falls well within the 'built within 10 years' criteria for an excellent rating. The description highlights 'high-end luxury,' a 'chef’s kitchen' with 'pristine quartz countertops, sleek European cabinetry, and premium stainless-steel appliances,' and a 'spa-inspired bathroom.' Images confirm a modern aesthetic with wide-plank white oak floors, contemporary lighting, and stainless steel cable railings. Major systems like solar panels (installed 2018) and central HVAC are new and fully functional, indicating no deferred maintenance and minimal physical depreciation. The property is truly turnkey and meets current quality standards.
Pros & Cons

Pros

Prime Coastal Location: Nestled a block from the beach on the Balboa Peninsula, offering immediate access to the ocean, fine dining, premier shopping, and vibrant beachside activities.
Transferable Short-Term Rental Permit: A rare and highly valuable asset in Newport Beach, providing significant financial flexibility and income potential for investors or part-time residents.
Modern Construction & Turnkey Condition: Built in 2017, fully furnished, and meticulously designed with high-end finishes, wide-plank white oak floors, and contemporary touches, offering a move-in ready luxury experience.
Rooftop Terrace with Panoramic Views: Features an exceptional rooftop terrace providing panoramic coastline and skyline views, ideal for entertaining and relaxation, with hot tub readiness.
Energy Efficiency & Premium Amenities: Equipped with fully paid-off solar panels, central heating/air conditioning, a chef’s kitchen with quartz countertops and premium appliances, and a built-in wine refrigerator.

Cons

Condominium Ownership: As a condominium, the property likely involves HOA fees and potential restrictions, which may not appeal to all luxury buyers seeking complete autonomy over their property.
Limited Private Outdoor Space: While boasting a rooftop terrace, the relatively small lot size (3,127 sqft) suggests minimal ground-level private yard or garden space, which some luxury buyers might desire.
Limited Parking: Offers a single-car garage and one additional covered space, which could be restrictive for a multi-level luxury property, especially for guests or multiple residents.

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