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1824 W Oceanfront
$16,500,000

1824 W Oceanfront

3 Beds 4 Baths 3,377 Sq.Ft.

Description

An extraordinary oceanfront estate opportunity that has resided in the same family since 1937. Highlighted by expansive ocean views, a broad verdant lawn and abundant mature foliage this warm, traditional-style beach home spans three contiguous lots and ninety-feet of water frontage. Sited on a corner parcel of over 11,300 square feet the timeless residence is positioned at the rear portion of the parcel – away from the boardwalk and benefiting from unquestionable privacy, a panorama of views, flowering gardens and an elegantly proportioned 55 foot pool. Rich with possibilities the property holds a Multi-Unit Residential (RM) zoning designation. Per the City of Newport Beach should the existing residence be demolished three individual lots as configured in the initial subdivision of this property would exist. One of the few remaining opportunities along the Southern California Coast to own a triple lot parcel with tremendous flexibility of use. Construct an unparalleled oceanfront compound. Develop multiple single family or duplex condominium residences. Re-envision the site as one larger multi-unit structure spanning three lots. Or enjoy the classic beach home that exists today. A legacy oceanfront property that is without peer.

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Location

1824 W Oceanfront, Newport Beach, CA 92663

Status

Sold

Property Amenities

Interior
Laundry room Inside
Fireplace See Remarks
Total Bedrooms: 3
Half Bathrooms: 1
Full Bathrooms: 3
Area & Lot
Lot Area 0.26 Acres
Living area 3,377 Sq.Ft.
MLS® ID NP20092385
Year Built 1946
High School Newport Mesa Unified
View Description Catalina,Coastline,Ocean,Panoramic,Water
Architecture Styles Traditional
Type Residential
Status Sold
Exterior
Stories 2
Pool Heated, In Ground, Private
Air conditioning None
Heat type Forced Air, Natural Gas
Water Source Public
Garage Space 5
Sewer Public Sewer
Parking Door-Multi, Direct Access, Garage, Oversized, See Remarks
Lot Features Corner Lot, Front Yard, Garden, Sprinkler System, Value In Land
Utilities Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Finance
Sales Price $16,500,000

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