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

home-pic
ACTIVE$2,599,000
4405 Channel Place, Newport Beach, California 92663
0Bed
0Bath
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
OC25222520
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)
Beds02
Baths02
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 market43160
3%
Condition Rating
Excellent

This property was built in 2017, making it only 7 years old, and is described as a 'coastal gem' with 'high-end luxury' and 'turnkey' condition. The kitchen is a 'showstopper' with pristine quartz countertops, sleek European cabinetry, and premium stainless-steel appliances, all appearing modern and new in the images. Bathrooms are spa-inspired with contemporary fixtures. The home features wide-plank white oak floors, stylish pendant lighting, recessed lighting, central heating/air conditioning, and fully paid-off solar panels, indicating virtually new components and no deferred maintenance.
Pros & Cons

Pros

Prime Coastal Location: Nestled just a block from the beach on the Balboa Peninsula, this property offers an impeccable coastal lifestyle with walking distance to fine dining, premier shopping, and vibrant beachside activities.
Transferable Short-Term Rental Permit: A rare and valuable asset, the transferable Newport Beach SHORT-TERM RENTAL PERMIT provides significant financial flexibility for personal enjoyment or rental income generation.
Modern & Luxurious Design: Built in 2017, the home is fully furnished and turnkey, boasting high-end luxury finishes, soaring vaulted ceilings, wide-plank white oak floors, and a chef’s kitchen with premium stainless-steel appliances.
Rooftop Terrace with Panoramic Views: The expansive rooftop terrace offers breathtaking panoramic views from coastline to skyline, ideal for entertaining, sunset gatherings, or quiet reflection, with potential for a hot tub addition.
Energy Efficiency & Modern Amenities: Built with sustainability in mind, the property features fully paid-off solar panels (2018), central heating/air conditioning, recessed lighting, and a built-in wine refrigerator, ensuring comfort and lower utility costs.

Cons

Limited Parking: The property offers a single-car garage and one additional covered space, which may be considered limited for a luxury residence, especially for families or those with multiple vehicles.
Condominium Ownership: As a condominium, the property likely entails HOA fees and potential restrictions on property use or modifications, which might not appeal to buyers seeking complete autonomy over their residence.
Small Lot Size: The lot size of 3,127 sqft is relatively small, potentially limiting private ground-level outdoor space beyond the rooftop terrace, which could be a consideration for buyers desiring a traditional yard or garden.

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