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

home-pic
ACTIVE$2,599,000
4405 Channel Place, Newport Beach, California 92663
3Beds
3Baths
1,836Sqft
3,127Lot
Year Built
2017
Close
-
List price
$2.6M
Original List price
$2.65M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25222502
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
10/04/25
Price Change
$2,599,000-1.9%
09/22/25
Listing
$2,650,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (38 Listings)
Beds32
54%
Baths32
51%
Square foot1,8361,320
82%
Lot Size3,12738,736
15%
Price$2.6M$1.12M
85%
Price per square foot$1,416$865
87%
Built year20171979
92%
HOA$600
Days on market44161
3%
Condition Rating
Excellent

This property, built in 2017, is only 7 years old and presents as virtually new. The description highlights 'high-end luxury,' a 'chef’s kitchen' with pristine quartz countertops, sleek European cabinetry, and premium stainless-steel appliances, and 'spa-inspired bathrooms' with a walk-in shower and soaking tub. Images confirm modern wide-plank white oak flooring, contemporary light fixtures, central heating/air conditioning, and fully paid-off solar panels. All components are new or virtually new, meeting current quality standards with no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Pros & Cons

Pros

Prime Coastal Location: Nestled just 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: Includes a rare and valuable transferable Newport Beach Short-Term Rental Permit, providing significant financial flexibility and income potential.
Modern Luxury & Turnkey Condition: Built in 2017, fully furnished and turnkey with high-end finishes, wide-plank white oak floors, a chef's kitchen with premium appliances, and contemporary design across three levels.
Rooftop Terrace with Panoramic Views: Features a show-stopping rooftop terrace offering panoramic views from coastline to skyline, ideal for entertaining and relaxation, with hot tub readiness.
Energy Efficiency & Modern Amenities: Equipped with fully paid-off solar panels (2018), central heating/air conditioning, recessed lighting, and a built-in wine refrigerator, ensuring comfort and sustainability.

Cons

Limited Parking: Parking is restricted to a single-car garage and one additional covered space, which may be insufficient for multi-vehicle households or frequent guests in a high-demand area.
Condominium Ownership: As a condominium, the property likely involves Homeowners Association (HOA) fees and potential restrictions on property use or modifications, which are not detailed in the listing.
Compact Lot Size: The lot size of 3127 sqft, while common for a condominium, offers limited private outdoor space beyond the rooftop terrace, which may not appeal to buyers seeking a larger yard.

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