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

4405 Channel Place, Newport Beach, California 92663 home-pic-0
ACTIVE$2,825,000
4405 Channel Place, Newport Beach, California 92663
0Bed
0Bath
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:
Condominium Ownership: As a condominium, the property likely entails Homeowners Association (HOA) fees and potential restrictions on property use or modifications, which are not detailed and may limit owner autonomy compared to a detached home.

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 only 7 years old and presents as virtually new. The description and images showcase high-end luxury finishes throughout, including a 'chef’s kitchen' with pristine quartz countertops, sleek European cabinetry, and premium stainless-steel appliances. Bathrooms are 'spa-inspired' with walk-in showers and soaking tubs. Wide-plank white oak floors, contemporary lighting, and modern systems like fully paid-off solar panels and central HVAC confirm a property in impeccable, 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
OC25138080
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-6•1.4mi
9/10
Newport Elementary School
Public,•PK-6•1.5mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.3mi
7/10
Newport Harbor High School
Public,•9-12•1.4mi
Condition Rating
Excellent
Built in 2017, this property is only 7 years old and presents as virtually new. The description and images showcase high-end luxury finishes throughout, including a 'chef’s kitchen' with pristine quartz countertops, sleek European cabinetry, and premium stainless-steel appliances. Bathrooms are 'spa-inspired' with walk-in showers and soaking tubs. Wide-plank white oak floors, contemporary lighting, and modern systems like fully paid-off solar panels and central HVAC confirm a property in impeccable, move-in ready condition with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Transferable Short-Term Rental Permit: The property includes a rare and valuable transferable 'Newport Beach SHORT-TERM RENTAL PERMIT,' offering significant income potential and investment flexibility.
Prime Coastal Location & Walkability: Nestled just a block from the beach on the Balboa Peninsula, the property boasts exceptional walkability to fine dining, premier shopping, and vibrant beachside activities.
Modern Construction & Luxury Finishes: Built in 2017, the home features high-end luxury finishes, including wide-plank white oak floors, contemporary railings, a chef's kitchen with quartz countertops and premium appliances, and a spa-inspired primary bathroom.
Rooftop Terrace with Panoramic Views: A standout feature is the expansive rooftop terrace, offering panoramic views from coastline to skyline and ready for a hot tub addition, ideal for entertaining and relaxation.
Energy Efficiency & Turnkey Condition: Equipped with fully paid-off solar panels (2018) and central heating/air conditioning, the property is also offered fully furnished and turnkey, providing immediate occupancy and convenience.

Cons

Condominium Ownership: As a condominium, the property likely entails Homeowners Association (HOA) fees and potential restrictions on property use or modifications, which are not detailed and may limit owner autonomy compared to a detached home.
Limited Ground-Level Private Outdoor Space: While featuring a rooftop terrace, the relatively small lot size (3,127 sqft) suggests minimal private ground-level yard space, which some buyers seeking extensive outdoor living areas might find restrictive.
Potential for Seasonal Noise/Crowds: Its prime location a block from the beach and proximity to vibrant attractions, while a strength, could also lead to increased noise and foot traffic, especially during peak seasons, potentially impacting privacy and tranquility.

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