4405 Channel Place, Newport Beach, California 92663, Newport Beach, 92663 - 3 bed, 3 bath

4405 Channel Place, Newport Beach, California 92663 home-pic-0
ACTIVE$2,825,000
4405 Channel Place, Newport Beach, California 92663
3Beds
3Baths
1,836Sqft
3,127Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Limited Private Ground-Level Outdoor Space: While offering a rooftop terrace, the property description does not indicate significant private ground-level outdoor space or a yard.

Compared to the nearby listings

Price:$2.83M vs avg $1.56M (+$1,262,500)90%
Size:1,836 sqft vs avg 1,357 sqft76%
Price/sqft:$1.5K vs avg $90086%

More Insights

Built in 2017 (8 years old).
Condition: Built in 2017, this property is practically new and features high-end, modern finishes throughout. The kitchen boasts pristine quartz countertops, sleek European cabinetry, and premium stainless-steel appliances, while the primary bathroom is described as 'spa-inspired' with a walk-in shower and soaking tub. Wide-plank white oak floors, contemporary lighting, central HVAC, and fully paid-off solar panels further confirm its excellent, move-in ready condition with no deferred maintenance.
Year Built
2017
Close
-
List price
$2.83M
Original List price
$2.83M
Price/Sqft
$1,539
HOA
-
Days on market
-
Sold On
-
MLS number
OC25138079
Home ConditionExcellent
Features
Excellent View: City Lights, Ocean, Peek-A-Boo
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
Condition Rating
Excellent

Built in 2017, this property is practically new and features high-end, modern finishes throughout. The kitchen boasts pristine quartz countertops, sleek European cabinetry, and premium stainless-steel appliances, while the primary bathroom is described as 'spa-inspired' with a walk-in shower and soaking tub. Wide-plank white oak floors, contemporary lighting, central HVAC, and fully paid-off solar panels further confirm its excellent, move-in ready condition with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Prime Coastal Location: Situated just a block from the beach on the desirable Balboa Peninsula, offering convenient access to dining, shopping, and vibrant beachside activities.
Income-Generating Potential: Includes a rare and transferable Newport Beach Short-Term Rental Permit, providing significant financial flexibility and investment opportunity.
Modern Luxury & Turnkey: Built in 2017, this fully furnished property boasts high-end finishes, a chef's kitchen, and a spa-inspired primary suite, offering a sophisticated, ready-to-move-in experience.
Panoramic Rooftop Terrace: Features an expansive rooftop terrace with stunning panoramic views from coastline to skyline, ideal for entertaining and relaxation.
Energy Efficiency & Comfort: Equipped with fully paid-off solar panels and central heating/air conditioning, ensuring energy savings and year-round comfort.

Cons

Limited Private Ground-Level Outdoor Space: While offering a rooftop terrace, the property description does not indicate significant private ground-level outdoor space or a yard.
Restricted Parking: Parking is limited to a single-car garage plus one additional covered space, which may be insufficient for some luxury buyers or multiple vehicles.
Condominium Ownership: As a condominium, the property likely involves HOA fees and shared common areas, which may not appeal to buyers seeking complete privacy and independent property management.

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