Newport Beach, CA 92663,2427 Margaret DR
Newport Beach, CA 92663,2427 Margaret DR
Newport Beach, CA 92663,2427 Margaret DR
3
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$2,400,000
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4 Beds
2 Baths
1,159 SqFt
New

2427 Margaret DR Newport Beach, CA 92663

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,159 sqft

Price per Sqft $2,070

Subdivision Newport Heights (Newh)

MLS Listing ID PW25174094

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1954

Lot Size 8,664 Sqft

Property Sub-Type Single Family Residence

Property Description

Located in the prestigious Newport Heights neighborhood, this 8,662 sq. ft. lot presents a rare opportunity to build your dream home or redevelop for investment. Nestled in one of Newport Beach's most desirable areas, the property is surrounded by tree-lined streets, award-winning schools, vibrant dining, and world-class beaches. It offers incredible potential for crafting a custom residence that embodies the quintessential Southern California lifestyle. Whether you envision a sleek modern design or a classic coastal retreat, the possibilities are endless. With proximity to Newport Harbor, Balboa Peninsula, Hoag Hospital, Fashion Island, parks, and scenic trails, the location is both convenient and enviable. Newport Heights is celebrated for its strong sense of community and upscale living, making this an exceptional place to call home. Opportunities like this are increasingly rare, where the value lies not only in the land but in the lifestyle it offers. The property is being sold as-is. The Sellers would like a 60-day escrow. Buyers are advised to verify all potential uses with the city and relevant & authorities.

Location

State CA

County Orange

Area N6 - Newport Heights

Rooms

Main Level Bedrooms 4

Interior

Interior Features Separate/Formal Dining Room, All Bedrooms Down

Heating Central

Cooling None

Fireplaces Type Family Room

Fireplace Yes

Laundry None

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Street Lights, Sidewalks

View Y/N No

View None

Total Parking Spaces 1

Private Pool No

Building

Lot Description Back Yard

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 42510111

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Lease Land No


CRMLS – RECore
Listed by Lucia Proulx Coldwell Banker Realty 714-815-3644

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2427 Margaret DR