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

home-pic
ACTIVE$2,700,000
4405 Channel Place, Newport Beach, California 92663
0Bed
0Bath
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
OC25155817
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-6•1.4mi
9/10
Newport Elementary School
Public,•PK-6•1.5mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.3mi
7/10
Newport Harbor High School
Public,•9-12•1.4mi

Price History

Date
Event
Price
08/06/25
$2,700,000
07/11/25
$2,799,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (38 Listings)
Beds02
Baths02
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, and is described as 'high-end luxury' and 'turnkey.' The kitchen features pristine quartz countertops, sleek European cabinetry, and premium stainless-steel appliances, all in immaculate, modern condition. Bathrooms are spa-inspired with contemporary fixtures, walk-in showers, and soaking tubs. Wide-plank white oak floors, stylish pendant lighting, recessed lighting, central heating/air conditioning, and fully paid-off solar panels further underscore its newness and superior quality. All components appear virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Coastal Location & Lifestyle: Situated just a block from the beach on the desirable Balboa Peninsula, offering immediate access to coastal activities, fine dining, and premier shopping, embodying a sophisticated lifestyle.
Lucrative Income Potential: Includes a transferable Newport Beach Short-Term Rental Permit, providing significant financial flexibility and potential for substantial rental income, a rare and valuable asset.
Modern, High-End Construction & Turnkey Condition: Built in 2017, this three-level home boasts contemporary design, high-end finishes, a chef's kitchen, and is fully furnished and turnkey, ready for immediate enjoyment or rental.
Panoramic Rooftop Views: Features an impressive rooftop terrace offering panoramic views from the coastline to the skyline, ideal for entertaining and relaxation, with potential for a hot tub.
Energy Efficiency & Modern Amenities: Equipped with fully paid-off solar panels, central heating/air conditioning, and a built-in wine refrigerator, ensuring comfort, sustainability, and reduced utility costs.

Cons

Condominium Ownership & HOA Implications: Classified as a condominium, which typically involves HOA fees, shared walls, and potential restrictions on property use or modifications, differing from a traditional single-family home.
Limited Private Outdoor Space: While featuring a rooftop terrace with views, the property appears to have limited private ground-level outdoor space or a traditional yard, which may not appeal to all buyers.
Restricted Parking Capacity: Parking is limited to a single-car garage and one additional covered space, which could be insufficient for households with multiple vehicles or frequent guests in a high-demand area.

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