3810 Channel Place, Newport Beach, California 92663, Newport Beach, 92663 - 3 bed, 3 bath

3810 Channel Place, Newport Beach, California 92663 home-pic-0
ACTIVE$6,995,000
3810 Channel Place, Newport Beach, California 92663
3Beds
3Baths
1,701Sqft
3,600Lot

Price Vs. Estimate

The estimated value ($5,506,476.88) is $1,488,523.12 (21%) lower than the list price ($6,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Potential Overpricing: The current list price is significantly above the property's estimated value, suggesting it may be overpriced relative to market comparables.

Compared to the nearby listings

Price:$7.00M vs avg $4.45M (+$2,545,000)81%
Size:1,701 sqft vs avg 2,431 sqft23%
Price/sqft:$4.1K vs avg $1.8K95%

More Insights

Built in 1940 (85 years old).
Condition: Despite being built in 1940, this property has clearly undergone an extensive and high-quality renovation, bringing it to current luxury standards. The gourmet kitchen features modern white shaker cabinets, stone countertops, premium stainless steel appliances, and a butcher block peninsula, all in pristine condition. The bathrooms are equally impressive with modern vanities, stone countertops, contemporary fixtures, and subway tile showers. Throughout the home, light wood flooring, recessed lighting, and updated finishes contribute to a fresh, elegant, and move-in ready aesthetic. There are no visible signs of wear, tear, or outdated components, indicating a recent and thorough overhaul.
Year Built
1940
Close
-
List price
$7M
Original List price
$7M
Price/Sqft
$4,112
HOA
-
Days on market
-
Sold On
-
MLS number
NP25010698
Home ConditionExcellent
Features
Excellent View: Canal, Water
Patio
ViewCanal, Water

About this home

Discover the epitome of coastal elegance with this exquisite bayfront residence on Newport Island, a hidden gem within Newport Beach. This meticulously crafted three-bedroom, three-bathroom home seamlessly blends luxury with the tranquil allure of waterfront living. Ideal for boating enthusiasts, the property features a private dock offering direct access to the bay for sailing or paddleboarding adventures. The expansive open floor plan is enhanced by wall-to-wall windows that frame mesmerizing waterfront vistas, bathing the interior in natural light. The gourmet kitchen boasts stone countertops, premium appliances, and a butcher block peninsula, all overlooking the serene bay waters. The warm and inviting family room, complete with a cozy brick fireplace and panoramic bay views, is perfect for intimate gatherings. An additional first-floor area provides versatile living space, suitable as a children's playroom, home office, or entertainment space. The romantic primary suite serves as a tranquil retreat, featuring a fireplace, vaulted wood-beam ceilings, and breathtaking bay views. Two generously sized secondary bedrooms share access to a spacious covered patio, ideal for enjoying the coastal breeze. Outside, the enchanting bayside patio offers an idyllic setting for sunset soirées, barbecues, or morning coffee with loved ones. Nestled adjacent to the Balboa Peninsula, Newport Island is a serene enclave known for its charming streets and close-knit community. Residents enjoy unparalleled access to some of Southern California's finest surfing beaches and a pedestrian-friendly environment, with boutique shops and restaurants just a leisurely stroll away. This property not only offers a luxurious living experience but also immerses you in the quintessential Newport Beach lifestyle, where every day feels like a retreat

Nearby schools

8/10
Newport Heights Elementary School
Public,K-61.1mi
9/10
Newport Elementary School
Public,PK-61.2mi
7/10
Horace Ensign Intermediate School
Public,7-81.0mi
7/10
Newport Harbor High School
Public,9-121.2mi
Condition Rating
Excellent

Despite being built in 1940, this property has clearly undergone an extensive and high-quality renovation, bringing it to current luxury standards. The gourmet kitchen features modern white shaker cabinets, stone countertops, premium stainless steel appliances, and a butcher block peninsula, all in pristine condition. The bathrooms are equally impressive with modern vanities, stone countertops, contemporary fixtures, and subway tile showers. Throughout the home, light wood flooring, recessed lighting, and updated finishes contribute to a fresh, elegant, and move-in ready aesthetic. There are no visible signs of wear, tear, or outdated components, indicating a recent and thorough overhaul.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Prime Bayfront Location & Views: Exquisite bayfront residence on Newport Island offering direct bay access, a private dock, and mesmerizing waterfront vistas from multiple rooms, including the primary suite and family room.
Luxury Finishes & Design: Meticulously crafted home featuring a gourmet kitchen with stone countertops and premium appliances, vaulted wood-beam ceilings in the primary suite, and an expansive open floor plan.
Private Dock & Boating Access: A significant amenity for boating enthusiasts, providing direct and convenient access to the bay for sailing or paddleboarding.
Desirable Community & Lifestyle: Nestled in a serene, close-knit Newport Island enclave with excellent walkability to beaches, boutique shops, and restaurants, embodying the quintessential Newport Beach lifestyle.
Versatile Living & Outdoor Entertaining: Includes an additional first-floor versatile area for various uses, a spacious covered patio, and an enchanting bayside patio ideal for entertaining and enjoying the coastal breeze.

Cons

Potential Overpricing: The current list price is significantly above the property's estimated value, suggesting it may be overpriced relative to market comparables.
Modest Square Footage & Lot Size: With 1701 sqft on a 3600 sqft lot, the property offers relatively limited interior and exterior space for a luxury bayfront home in this market segment.
Age of Construction: Built in 1940, while described as meticulously crafted, the age of the property could imply potential for older infrastructure or ongoing maintenance requirements not explicitly detailed.

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