4405 Channel Place Newport Beach, CA $ 2,995,000
4405 Channel Place
$ 2,995,000
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4405 Channel Place

Newport Beach, CA, 92663
$ 2,995,000
Bedrooms3 Baths1.0 Sq 1,836

Monthly Estimate*

$ 17,937

Listed by Robert Barnhart, Broker
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Multi-Family Home for sale in Newport Beach, CA

for $2,995,000 with 3 bedrooms and 1 full bath. This 1,836 square foot home was built in 2017 on a lot size of 0.0477.

This property comes with a transferable valid short-term rental license, giving you the flexibility to enjoy it whenever you desire and rent it out at your convenience. Located at 4405 Channel Place, this stunning home is fully furnished and equipped with everything you need, including furniture, artwork, accessories, patio furniture, televisions, and even solar panels. It's ready for immediate occupancy and income generation! This property is an ideal investment for those dreaming of a vacation home. With a transferable short-term rental permit, located in the picturesque Newport Beach, it presents exceptional income opportunities along the beautiful Southern California coast. Just a gentle sea breeze away from the beach and newly built in 2017, this Balboa Peninsula treasure emerges as a beacon of coastal elegance in the heart of Newport Beach, California. This fully furnished, turnkey sanctuary unfolds over three levels, offering three luxurious bedrooms, a versatile loft, and three sumptuous bathrooms. Accompanied by a single-car garage and additional covered parking, it's the rooftop terrace that truly captivates, delivering panoramic views that promise the pinnacle of relaxation and high-end entertainment. With architectural mastery at its core, the home features towering, vaulted ceilings, and grand windows that capture the radiant California sunshine, accentuating the spacious, open-plan living areas dressed in sophisticated, neutral tones. The luxury underfoot is tangible with wide-plank white oak floors, complemented by the grace of stylish pendant lighting from above. Stainless steel cable railings add a contemporary touch, leading residents through the vertical expanse of this refined urban retreat. The kitchen is a chef’s dream, resplendent with pristine white quartz countertops, a spacious island poised for entertaining, the finest stainless-steel appliances, and sleek European cabinetry. The primary suite is a secluded haven with a spa-inspired bathroom, featuring dual vanities, an expansive walk-in shower, a lavish soaking tub, and a generous walk-in closet. Sustainable living is embraced here, with solar panels fully paid for in 2018 and an exceptional Airbnb license, adding remarkable value in Newport Beach. The home’s allure includes recessed lighting, central heating, and air conditioning, with the added luxuries of a built-in wine refrigerator and a chic custom backsplash.

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Multi-Family Active

Price

$ 2,995,000

Bedrooms

3

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Modern

Lot Size

0.0477

Year Built

2017

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

OC24103741

Days on Market

123

Features
General
Interior Features Furnished HighCeilings QuartzCounters Loft PrimarySuite WalkInClosets
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities CableConnected ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Appliances Item6BurnerStove BuiltInRange ConvectionOven Dishwasher Freezer GasCooktop Disposal GasOven Microwave RangeHood TanklessWaterHeater Dryer Washer
Exterior Features Barbecue
Garage Spaces 1.0
Architectural Style Modern
Pool Features None
Security Features SecuritySystem FireSprinklerSystem SmokeDetectors
Year Built 2017
View CityLights Ocean PeekABoo
Levels ThreeOrMore
Property SubType Condominium
Gross Income 0.0
Waterfront Features BeachAccess OceanSideOfFreeway
Community Features Curbs StreetLights Sidewalks Park
County Orange
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
Home Owner Assoc N
Attached Garage N
Subdivision Name West Newport Beach (WSNB)
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Pacific Coast Highway W. Balboa Blvd to 4405 Channel Place
City Newport Beach
Disclosures PrincipalisRealEstateLicensed
Entry Location 1
View Y/N Y
Senior Community Y/N N
NumberOfUnitsTotal 1
MLS Area NP - Balboa Peninsula
Lot Size Units SquareFeet
Lot Size Square Feet 2076.0
Private Pool N
Waterfront Y/N N
Carport Spaces 1.0
Carport Y/N Y
Terms Cash Conventional Item1031Exchange
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Property Condition Turnkey
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 94
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 14
Property Sub Type Additional Condominium
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Interior
Flooring Laminate Tile
Fireplace Features None
Total Stories 3
Common Walls Item1CommonWall NoOneAbove
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features DoublePaneWindows
Fireplace Y/N N
Laundry Features WasherHookup InGarage
Entry Level 3
Electric On Property Y/N N
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Exterior
Parking Features AttachedCarport Garage Private
Lot Features NearPark Walkstreet
Water Source Public
Total Parking 2.0
Lot Size Area 2076.0
Number of Buildings 1
Spa N
Building Area Total 1836.0
Lot Size Acres 0.0477
Road Surface Type Paved
Lot Size Source PublicRecords
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4405
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* Excluded Features
List By
Robert Barnhart, Broker

Broker

(949) 610-0488

Phone

Affordability Calculator

$17,937
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Monthly Principal & Interest
$17,937
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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2024$2,995,000 Listed Price

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4405 Channel Place, Newport Beach, CA, 92663 is a Multi-Family Home for sale at $2,995,000 with 1,836 sqft and a lot size of 0.0477. 4405 Channel Place has 3 bedrooms, 1.0 baths, and was built in 2017. The property's zip code is 92663 which is in Newport Beach, CA