See Home Value
$5,700,000
● House - Off Market

3900 Channel Place

Newport Beach, CA 92663
bedrooms
4 Beds
bathrooms
5 Baths
square feet
3,937 Ft²
$9,074,886
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

This multi-generational property has been owned by the same local prominent family for over 50 years.  It took them nearly a decade, back in the mid 1900s to acquire these 3 "R2" parcels in a row, located in a premium bayfront location on Newport Island, Newport Beach. Arguably the most unique quality is that the city still recognizes there to be 3, (est) 30 foot wide R2 parcels ready for development as there are still 3 individual utility laterals running under each parcel.  This marks an exciting opportunity to enjoy the recently remodeled beach house that retains its mid-century character, while having an incredible investment/development opportunity in the land below for future use.  The current boat dock can accommodate a vessel up to 50 feet! Currently priced at land value, don't let this exceptional opportunity pass you by.
Unit Size
3,937 Ft²
Days on Market
187 days
Land Size
0.25 acres
Price per sqft
$1,524
Property Type
House
Property Taxes
-
HOA Dues
$40
Year Built
2020

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Last updated: 4 months ago (CRMLS #OC18048145)

Price History

Date / Event Date Event Price
Sep 4, 2018 Sold
Sold
Mar 1, 2018 Listed by Coldwell Banker Res. Brokerage $5,999,000
Listed by Coldwell Banker Res. Brokerage
Jul 29, 2017 Listed $6,500,000
Listed
This gracious Newport Island bayfront estate home is situated on three of the island’s finest lots and features spectacular water views, 90’ of bay frontage at the widest part of the channel, a private pier and slip and lush tropical landscaping. Recently improved, this classic mid century custom home features a huge waterside great room with dual fireplaces, rich mahogany paneling and walls of glass; an updated kitchen with new stainless steel appliances and marble countertops, an informal dining area with indoor BBQ, parquet hardwood flooring, Main level Master suite, an office, powder bath and a two car garage. Upstairs the home features a suite with a private marble bath and retreat, built-in bookcases and stained glass. The home is surrounded by private gardens, mature palm trees, a meandering brick pathway, and a private gated loggia courtyard entry with Arizona flagstone. Opportunities abound, live in the home as-is or redevelop the property to several homes. The city of Newport Beach already recognizes the property as three lots as they were not combined to build the current estate home. The current boat dock can accommodate a vessel to 50 feet! This multi-generational property has been owned by the same local prominent family for over 50 years.The manager has listed the unit size as 3937 square feet.
Jul 9, 2017 Listed $6,500,000
Listed
This gracious Newport Island bayfront estate home is situated on three of the island’s finest lots and features spectacular water views, 90’ of bay frontage at the widest part of the channel, a private pier and slip and lush tropical landscaping. Recently improved, this classic mid century custom home features a huge waterside great room with dual fireplaces, rich mahogany paneling and walls of glass; an updated kitchen with new stainless steel appliances and marble countertops, an informal dining area with indoor BBQ, parquet hardwood flooring, Main level Master suite, an office, powder bath and a two car garage. Upstairs the home features a suite with a private marble bath and retreat, built-in bookcases and stained glass. The home is surrounded by private gardens, mature palm trees, a meandering brick pathway, and a private gated loggia courtyard entry with Arizona flagstone. Opportunities abound, live in the home as-is or redevelop the property to several homes. The city of Newport Beach already recognizes the property as three lots as they were not combined to build the current estate home. The current boat dock can accommodate a vessel to 50 feet! This multi-generational property has been owned by the same local prominent family for over 50 years.The manager has listed the unit size as 3937 square feet.

Property Highlights

Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 495
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,628
  • Total Building Area: 2,721
  • Building Area: 2,721
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,721
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CANAL SECTION NEWPORT BEACH
  • Land Acres: 0000000083
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: A TR CANAL SECTION BLK 539 LOT 1 CANAL SECTION BLK 539 LOT 1 ALL -INC BET SAME &

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 063500

Geography

  • Parcel: 423-061-13
  • Block: 539
  • Lot: 1
  • Latitude: 33.6199
  • Longitude: -117.933

    Address

  • Full Address: 3900 Channel Pl
  • Address - House Number: 3900
  • Address - Street Name: Channel
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 3232
  • Zip Code: 92663

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,574,576
  • Tax Rate Code Area: 07-001

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 4,714,808
  • High Value: 5,683,316
  • Low Value: 3,746,301

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,242,400
  • Assessed Land Value: $5,142,958
  • Assessed Improvements Value: $1,099,442

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Newport Beach


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Frequently Asked Questions

When was property at 3900 Channel Place built and last sold?
The property at 3900 Channel Place was built in 2020 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3900 Channel Place is $6,093,233.
What are some comparable homes to 3900 Channel Place?
There are currently no comparable homes to 3900 Channel Place.

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