601 Lido Park Drive 3f, Newport Beach, California 92663, Newport Beach, - bed, bath

home-pic
ACTIVE$3,500,000
601 Lido Park Drive 3f, Newport Beach, California 92663
2Beds
3Baths
1,860Sqft
30,984Lot
Year Built
1972
Close
-
List price
$3.5M
Original List price
$3.75M
Price/Sqft
-
HOA
$1,945
Days on market
-
Sold On
-
MLS number
NP25015098
Home ConditionGood
Features
Excellent View: Bay, Back Bay, Bridge(s), Bluff, Canal, Catalina, City Lights, Coastline, Harbor, Marina, Mountain(s), Neighborhood, Ocean, Pool, Water
Deck
Pool
Spa
ViewBay,Back Bay,Bridge(s),Bluff,Canal,Catalina,City Lights,Coastline,Harbor,Marina,Mountain(s),Neighborhood,Ocean,Pool,Water

About this home

Indulge in the epitome of luxury waterfront living within this magnificent high-rise condominium, nestled just off Lido Isle on the picturesque bayfront of Newport Beach. Revel in awe-inspiring vistas encompassing the harbor, ocean, majestic mountains, and twinkling city lights from this third-floor sanctuary, offering an unparalleled coastal Orange County lifestyle. Spanning over 1850 square feet, this spacious residence boasts two expansive bedrooms, two full bathrooms, and a stylish powder room adorned with a captivating backlit onyx wall. Impeccably updated, the interior showcases newly refinished wood floors, architecturally designed iron handrails, fresh moldings, and pristine walls. The kitchen is a chef's delight, equipped with top-of-the-line appliances, while commanding harbor views make meal preparation a delight. Relish panoramic views to the south from the inviting living room, while the bedroom window unveils breathtaking western vistas. The building itself serves as a haven of luxury, offering an array of generous amenities such as 24/7 security, subterranean parking, a newly renovated resort-style pool, guest parking, fitness center, and an entertainment room for hosting grand gatherings. For those with a penchant for maritime adventures, private boat dock access is available (subject to availability). The building recently underwent a comprehensive two-year, multi-million-dollar renovation by the HOA, and boasts updated plumbing and electrical systems, new elevators and hallways, glass pool and balcony enclosures, and a rejuvenated pool/jacuzzi area surrounded by pristine hardscape throughout the grounds. Perfectly positioned across from esteemed dining establishments like The Cannery and Blue Water Grill, and a stone's throw away from The Lido House, Nobu, and select shops, residents are spoiled for choice with an abundance of shopping, dining, and entertainment options at their fingertips. Seize the opportunity to immerse yourself in an unmatched lifestyle in the heart of coastal Orange County.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-60.7mi
9/10
Newport Elementary School
Public,PK-60.8mi
7/10
Horace Ensign Intermediate School
Public,7-80.6mi
7/10
Newport Harbor High School
Public,9-121.0mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (38 Listings)
Beds22
50%
Baths32
51%
Square foot1,8601,320
82%
Lot Size30,98438,736
36%
Price$3.5M$1.12M
95%
Price per square foot$1,882$865
92%
Built year19721979
21%
HOA$1,945$600
0%
Days on market287175
85%
Condition Rating
Good

The property was built in 1972, but the description mentions it has been impeccably updated with newly refinished wood floors, fresh moldings, and pristine walls. The kitchen is equipped with top-of-the-line appliances. The building itself underwent a comprehensive two-year, multi-million-dollar renovation. The bathrooms appear updated, but not fully modern. Overall, the property is in good condition, move-in ready, but not fully renovated to 'excellent' standards.
Pros & Cons

Pros

Unparalleled Views: The property boasts breathtaking panoramic views of the harbor, ocean, mountains, and city lights, significantly enhancing its desirability and market value.
Prime Location: Located in a highly desirable area of Newport Beach, just off Lido Isle, offering convenient access to upscale dining, shopping, and entertainment options.
Extensive Renovations: The building has undergone a recent multi-million dollar renovation, including updated plumbing, electrical systems, elevators, hallways, and a rejuvenated pool area, ensuring modern comfort and appeal.
Luxury Amenities: Offers a wide array of luxury amenities, including 24/7 security, subterranean parking, a resort-style pool, fitness center, and entertainment room, providing a high-end living experience.
Updated Interior: The interior has been impeccably updated with newly refinished wood floors, architecturally designed iron handrails, fresh moldings, and a modern kitchen with top-of-the-line appliances.

Cons

High Association Fees: The monthly association fee of $1945 is relatively high, which could deter some potential buyers.
Age of Building: Built in 1972, the building's age might raise concerns about potential future maintenance or renovation needs, despite recent updates.
Limited Outdoor Space: While the building offers a pool and potentially balcony, the unit itself may lack substantial private outdoor space, which could be a drawback for some buyers.

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